Banks, tech companies move on from bitcoin to blockchain

A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. Reuters/Benoit Tessier/File Photo As a debate raged across the internet Monday over whether the mysterious founder of the bitcoin digit...

Continue reading

Starboard's Smith says Yahoo board 'welcoming' since his arrival

Yahoo Inc's management team and directors have been welcoming to Starboard Value LP Chief Executive Jeffrey Smith since he joined the company's board, he said on Monday. Smith, who was speaking on a panel at the Milken Institute Global Conference here, said Yahoo's board and management team have bee...

Continue reading

Russian creator of malware ordered to pay $6.9 million

A Russian man who spent about three years behind bars in the United States for creating the computer malware known as Gozi was ordered on Monday to pay $6.9 million to cover losses to bank customers but spared further U.S. prison time. Nikita Kuzmin, 28, could have received more prison time but was ...

Continue reading

Twitter lawsuit partly dismissed over U.S. information requests

A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic A U.S. judge on Monday partly dismissed a lawsuit filed by Twitter Inc (TWTR.N) in which the social media company argued it should be allowed to publicly ...

Continue reading

Nvidia settles feud with Samsung over graphics patents

Employees walk in the main office building of Samsung Electronics in Seoul, South Korea, in this file photo taken on January 6, 2016. Reuters/Kim Hong-Ji Graphics chip maker Nvidia Corp announced a settlement of a patent dispute with Samsung Electronics Co Ltd on Monday, hours before a U.S. trade ag...

Continue reading

Brazil judge orders phone carriers to block WhatsApp message app

An illustration photo shows Whatsapp App logos on a mobile phone in Sao Paulo, Brazil, December 16, 2015. Reuters/Nacho Doce/Files A Brazilian judge ordered wireless phone carriers to block access to Facebook Inc's WhatsApp for 72 hours throughout Latin America's largest country starting Monday afte...

Continue reading

CME Group to publish daily bitcoin settlement price

The Chicago Mercantile Exchange is pictured March 17, 2008. Reuters/John Gress CME Group Inc (CME.O) plans to begin publishing a daily settlement price for bitcoin and real-time price data as the futures market operator moves into the world of the digital currency. Starting in the fourth quarter, th...

Continue reading

Amazon bolsters voice based-platform Alexa with investment in TrackR

Employees of Amazon India are seen behind a glass bearing the company's logo inside its office in Bengaluru, India, August 14, 2015. Reuters/Abhishek N. Chinnappa Amazon.com Inc (AMZN.O) is investing between $250,000 and $500,000 in Bluetooth technology company TrackR to extend the reach of its Alex...

Continue reading

Investors may have profited from leaked U.S. data: ECB research paper

A Wall Street sign is seen in Lower Manhattan in New York, January 20, 2016. Reuters/Mike Segar Investors earned millions of dollars in profits from correctly betting on market moves ahead of sensitive U.S. economic data, suggesting leaks of key indicators, a European Central Bank research paper sai...

Continue reading

Fidelity raises estimated value of Airbnb, Cloudera and Nutanix

A man walks past a logo of Airbnb after a news conference in Tokyo, Japan, November 26, 2015. Reuters/Yuya Shino Valuations of apartment-sharing startup Airbnb Inc and other promising pre-IPO companies rose in March, according to the latest monthly estimates released by Fidelity Investments. Through...

Continue reading

Warren Buffett says more likely to buy IBM shares than sell: CNBC

Warren Buffett, Chairman and CEO, Berkshire Hathaway, speaks at the Fortune's Most Powerful Women's Summit in Washington October 13, 2015. Reuters/Kevin Lamarque Warren Buffett, chairman and chief executive of conglomerate Berkshire Hathaway, said Monday he would be more likely to buy than to sell I...

Continue reading

Oracle to buy utility software maker Opower

The Oracle logo is seen on its campus in Redwood City, California June 15, 2015. Reuters/Robert Galbraith Oracle Corp (ORCL.N) will buy Opower Inc (OPWR.N), a maker of software for utilities, for about $548 million in cash. The offer of $10.30 per share is at a premium of 30.4 percent to Opower's cl...

Continue reading

China probes search engine Baidu over student's death

China's Internet regulator said on Monday it will send an investigation team to Chinese search leader Baidu Inc over the death of a university student, who had used the search engine to look for treatment for his cancer. Wei Zexi, 21, died last month of a rare form of cancer. He had turned to Baidu ...

Continue reading

BCE to buy Manitoba Telecom in C$3.1 billion deal

George Cope, President and Chief Executive Officer of BCE, addresses shareholders at the company's Annual General Meeting, in Toronto April 30, 2015. Reuters/Fred Thornhill Canadian telecom and media company BCE Inc (BCE.TO) said it would buy Manitoba Telecom Services Inc (MBT.TO) for about C$3.1 bi...

Continue reading

Rocket Internet removes Kinnevik from supervisory board

The logo of of Rocket Internet, a German venture capital group is pictured in this September 24, 2014 illustration photo in Sarajevo. Reuters/Dado Ruvic Rocket Internet said on Monday two supervisory board members from long-standing investor Kinnevik are stepping down after the Swedish fund hit shar...

Continue reading

Bitcoin creator confirms identity as Australian Craig Wright: BBC

Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. Reuters/Benoit Tessier Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of spe...

Continue reading

Qatar National Bank says customer accounts safe despite data breach

A general view of Qatar National Bank's head office building in Doha October 28, 2012. Reuters/Fadi Al-Assaad Qatar National Bank, the Middle East's largest lender by assets, said it had taken immediate steps to ensure customers would not suffer any financial loss after a security breach last week e...

Continue reading

Africa's giant eye in the sky proving worth its SALT

South Africa’s SALT telescope has helped detect the first white dwarf pulsar, the latest co-discovery that has astronomers eager to use the largest optical telescope in the southern hemisphere to unlock the galaxy's secrets. Quick reaction times, as well as being significantly cheaper than sim...

Continue reading

U.S. spy court rejected zero surveillance orders in 2015: memo

The secretive U.S. Foreign Surveillance Intelligence Court did not deny a single government request in 2015 for electronic surveillance orders granted for foreign intelligence purposes, continuing a longstanding trend, a Justice Department document showed. The court received 1,457 requests last year...

Continue reading

Facebook hit with lawsuit over plan to issue new stock

Facebook CEO Mark Zuckerberg holds a pair of the touch controllers for the Oculus Rift virtual reality headsets on stage during the Facebook F8 conference in San Francisco, California April 12, 2016. Reuters/Stephen Lam A Facebook Inc (FB.O) shareholder filed a proposed class action lawsuit on Frida...

Continue reading

Google, Fiat Chrysler working on self-driving car deal: sources

A Lexus version of a Google Self Driving car is shown in Moutain View, California, U.S., April 8, 2016. AUTOS-DRIVERLESS/ Reuters/Alexandria Sage Google and Fiat Chrysler Automobiles NV are close to agreeing on a partnership that could break boundaries between Silicon Valley and the auto industry in...

Continue reading

Exclusive: Yahoo's bidder shortlist points to cash deal -sources

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain in this February 24, 2016 file photo. Reuters/Albert Gea/Files Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involvin...

Continue reading

Apple's stock suffers worst week since 2013

A 3D printed Apple logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016. Reuters/Dado Ruvic/Illustration Apple was set on Friday to have its worst week on the stock market since 2013, as worries festered about a slowdown in iPhone sales and after influential sha...

Continue reading

A river runs through it: Amazon's profit surge sweeps away doubts

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar The source of Amazon.com's namesake river may be uncertain, but there's no doubt about where the online retailer's surging revenue is flowing from - just about everywhere. Amazo...

Continue reading

IBM launches new cloud services for blockchain

People walk past an IBM logo during the Mobile World Congress in Barcelona, Spain February 25, 2016. Reuters/Albert Gea/File Photo IBM on Friday announced new services to help companies design and develop blockchain technology in a secure environment in the cloud, a network of computers where users ...

Continue reading

Google faces first EU fine in 2016 with no deal on cards: sources

BRUSSELS - Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said. There are few incentives left for either party to reach a deal in a si...

Continue reading

Rovi to buy DVR maker TiVo in $1.1 billion deal

A Tivo Bolt is displayed during the 2016 CES trade show in Las Vegas, Nevada January 7, 2016. The $299.00 unified entertainment system combines a cable box, a DVR and a streaming box into one device. Reuters/Steve Marcus Digital entertainment guide provider Rovi Corp said on Friday it would buy TiVo...

Continue reading

Uber vs. Ola: How fight for Indian taxi market ended up in court

An employee works inside the office of U.S. online cab-hailing company Uber, on the outskirts of New Delhi, India, April 24, 2015. Reuters/Anindito Mukherjee A flurry of complaints from Uber [UBER.UL] drivers about an unusually high number of canceled bookings was the spark that ignited a bitter leg...

Continue reading

New Zealand launches new entrepreneur visa in tech race with Australia

New Zealand will launch a new visa to attract technology entrepreneurs as it tries to offset its struggling dairy industry, but it may struggle to beat Australia in the race to become the Silicon Valley of the South Pacific. Up to 400 Global Impact Visas would be offered over a four-year pilot begin...

Continue reading

LG Display says to invest almost $400 million in South Korea for OLED capacity

A man looks at LG Electronics' TV sets, which are made with LG Display flat screens, at its store in Seoul, South Korea, April 26, 2016. Reuters/Kim Hong-Ji LG Display Co said on Friday it plans to invest 450 billion won ($395.99 million) in South Korea to build production capacity for flexible orga...

Continue reading