Four U.S. states join lawsuit to stop T-Mobile-Sprint deal

Four more U.S. states joined an unusual effort by state attorneys general to stop T-Mobile US Inc's acquisition of Sprint Corp, a New York official said at a court hearing on Friday.

Global money-laundering watchdog launches crackdown on cryptocurrencies

Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a global watchdog said on Friday, the first worldwide regulatory attempt to constrain the rapidly growing sector.

U.S. bars China supercomputer firms, institute from buying American parts

The U.S. Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security "entity list" that bars them from buying U.S. parts and components without government approval.

Lords of the Ring: Can 'smart' ring give BlackRock fund managers the edge?

After years of using the internet, satellites, algos and other innovations to mine 'Big Data' for that edge over rivals, the world's biggest investment firm is trialing a gizmo that puts the focus back on humans -- its own portfolio managers.

Money-laundering watchdog unveils crackdown on cryptocurrencies

Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a global watchdog said on Friday, the first worldwide regulatory attempt to constrain the rapidly growing sector.

U.S. bars Chinese supercomputer firms from buying American parts

The U.S. Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security "entity list" that bars them from buying U.S. parts and components without government approval.

BoE looks to throw open doors to tech companies ahead of Brexit

The Bank of England opening up its balance sheet to payment companies and tech firms such as Facebook would bolster Britain's 7 billion pound ($9 billion) fintech sector just as it faces tougher competition from Europe after Brexit.

Four more states join lawsuit to stop T-Mobile-Sprint deal

Four more U.S. states have joined an unusual effort by state attorneys general to stop T-Mobile US Inc's acquisition of Sprint Corp, a New York official said at a court hearing on Friday.

Huawei says European smart phones sales up 'in past few days'

Huawei smartphone sales in Western Europe have risen "in the past few days" as customers grow more confident the Chinese company will weather U.S. sanctions imposed last month, an executive for the Chinese firm said on Friday.

IQE shares plunge as Huawei ban hammers tech suppliers

Shares in Britain's IQE plunged as much as 40% on Friday after the tech supplier warned its 2019 revenue would miss forecasts, blaming a bigger than expected hit on the industry's supply chain from U.S. restrictions on China's Huawei.

UK regulator tells Facebook, eBay to tackle sale of fake reviews

Britain's competition watchdog on Friday told Facebook and eBay to go through their websites and crack down on the sale of fake and misleading online reviews.

Facebook co-founder says Libra could shift monetary clout to private companies: FT

Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said in an opinion piece in the Financial Times on Friday.

Money-laundering watchdog to clamp down on cryptocurrencies

Cryptocurrencies such as bitcoin are set to be subjected to rules to prevent their abuse for money laundering, a global watchdog will announce on Friday, the first worldwide regulatory attempt to constrain the rapidly growing sector.

German mconomy minister : It's up to Huawei to show it meets our security requirements

Germany expects Huawei to demonstrate it can meet its security requirements for participating in the building of the country's 5G network, the economy minister Peter Altmaier said after meeting with the company's chief executive officer on Friday.

British regulator asks Facebook, eBay to tackle sale of fake reviews

Britain's competition watchdog on Friday asked Facebook and eBay to conduct an urgent review of their websites to stop the sale of fake and misleading online reviews.

European central bankers claim oversight over Facebook’s cryptocurrency

Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money.

Huawei executive says European smart phones sales up 'in past few days'

Huawei smart phones sales in western European countries have risen "in the past few days" as customers grow more confident the Chinese company will weather U.S. sanctions levied last month, a European executive said on Friday.

Italy pushing telecoms merger to break broadband logjam: sources

Italy's sovereign wealth fund is maneuvering to pull off a multibillion-euro telecoms merger and end a prolonged corporate stalemate that has held up Rome's plans to create a national broadband network, sources say.

Facebook co-founder says Libra could shift monetary clout to private companies: FT

Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said in an opinion piece in the Financial Times on Friday.

France creates G7 cryptocurrency task force as Facebook's Libra unsettles governments

France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook's Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France's central bank governor said on Friday.

China's Huawei to start talks with Russia on using Avrora OS: RIA

Chinese technology giant Huawei will start talks with officials at Russia's communications ministry this summer on the possibility of using Russia's Avrova operating system, the RIA news agency on Friday cited a Russian deputy communications minister as saying.

Huawei says shipped 100 million smartphones this year as of end-May

Huawei Technologies said on Friday it has shipped 100 million smartphones this year as of May 30.

Bundesbank's Weidmann says 'virtual' coins could undermine banks if used widely

Virtual tokens pegged to official currencies, known as stablecoins, could undermine banks if they became widely used, the head of Germany’s central bank said on Friday.

France creating G7 cryptocurrency taskforce, says central banker

France will set up a G7 taskforce on "stable coin" projects, including Facebook's planned Libra cryptocurrency, that will be led by European Central Bank board member Benoit Coeure, France's central bank Governor Francois Villeroy de Galhau said on Friday.

Central banks will want oversight of Facebook's Libra: Bank of England's Carney

Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said.

Dollars in the detail; banks pan for gold in 'data lakes'

From sending special offers on restaurants to burger-loving current account holders to selling anonymised credit card records, banks are racing to monetize the huge troves of data they hold.

Apple, Keurig Dr Pepper, Dollar Tree, Fitbit press U.S. to drop China tariff plan

Apple Inc, Keurig Dr Pepper Inc, Dollar Tree Inc and Fitbit Inc have joined other companies in filing letters of opposition to a Trump administration plan for more U.S. tariffs on Chinese goods, including iPhones, MacBooks, and single-serve coffee brewers.

Pokemon Go creators release Harry Potter mobile game Wizards Unite

The creators of mobile gaming phenomenon Pokemon Go unleashed a new game on Thursday that features Harry Potter and other characters from the wizarding world made famous in best-selling books and blockbuster movies.

FTC objects to Qualcomm submission of Apple documents in antitrust case

The U.S. Federal Trade Commission on Thursday objected to a move by mobile chip supplier Qualcomm Inc to introduce internal Apple Inc documents in its fight to stop the enforcement of a May antitrust ruling.

Slack stock surges at debut, values company at more than $23 billion

Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion.