Bittrex virtual currency license rejected by NY financial regulator

The New York Department of Financial Services said on Wednesday it has rejected the application of Bittrex, a U.S.-based digital asset exchange, for a virtual currency license that it needs to operate in the state.

Siltronic profit warning knocks European chipmakers

Shares of European chipmakers fell sharply on Wednesday after German silicon wafer maker Siltronic warned of a "significantly" weaker second quarter in the latest setback for a sector reeling from slowing smartphone demand.

Exclusive: U.S. bill to boost electric car tax credits could rev GM, Tesla

A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to expand the electric vehicle tax credit by 400,000 vehicles per manufacturer, a provision that would give a boost to Tesla Inc and General Motors Co before the existing credit comes to an end for them.

German stance on 5G security a 'positive step forward': U.S. official

The United States wants foreign governments to follow Germany in adopting stricter security standards for next-generation 5G telecoms networks, a U.S. cybersecurity official said on Wednesday, adding that doing so would effectively rule out the use of Chinese equipment vendors.

Exclusive: EQT, Digital Colony, Stonepeak group near deal to buy Zayo - sources

A consortium including investment firms Digital Colony Partners LP, EQT AB and Stonepeak Infrastructure Partners has secured exclusive rights to negotiate a deal to buy U.S. communications infrastructure provider Zayo Group Holdings Inc, people familiar with the matter said on Wednesday.

Germany's tough stance on 5G security a 'positive step forward': U.S. official

The United States wants foreign governments to follow Germany in adopting stricter security standards for next-generation 5G networks, a U.S. cybersecurity official said on Wednesday, adding that doing so would effectively rule out the use of Chinese equipment vendors.

Exclusive: U.S. lawmakers introduce bill to boost electric car tax credits

A bipartisan group of U.S. lawmakers will introduce legislation on Wednesday to expand the electric vehicle tax credit by 400,000 vehicles per manufacturer, a provision that would give a boost to General Motors Co and Tesla Inc before the existing credit comes to an end for them.

German regulator proposes to hike fees Deutsche Telekom can impose on rivals

Germany's Federal Network Agency on Wednesday said Deutsche Telekom could raise fees it charges rivals for accessing its "last mile" infrastructure, the last bit of cable connecting customers to the internet.

First Cobalt targets Canada plant restart within two years: CEO

First Cobalt Corp aims to restart an idled cobalt refinery in Canada within two years and is in talks to supply the battery-grade product to four leading automakers, chief executive Trent Mell said on Wednesday.

Two out of three hotels accidentally leak guests' personal data: Symantec

Two out of three hotel websites inadvertently leak guests' booking details and personal data to third-party sites, including advertisers and analytics companies, according to research released by Symantec Corp on Wednesday.

Deutsche Telekom says customers, operators pay price for 5G auction

The CEO of Deutsche Telekom criticized the amount companies will have to pay to get fifth generation mobile internet spectrum in Germany as the amount of total bids approached 5 billion euros ($5.6 billion) on Wednesday.

Japan telcos' 5G go-ahead cements curbs on Chinese vendors

Japan's telcos were formally allocated 5G spectrum by regulators on Wednesday, a major milestone ahead of the launch of high-speed wireless services next spring.

Japan's telcos get 5G nod from regulators

Japan's telcos were formally allocated 5G spectrum by regulators on Wednesday, a major milestone ahead of the launch of high-speed wireless services next spring.

U.S. firm's plan for Australia-China internet cable leaves Huawei trailing

U.S. submarine cable company SubCom said on Thursday it would lay an internet link from Australia to Hong Kong through Papua New Guinea, deepening its involvement in a region where China's Huawei Technologies Co Ltd has sought to expand.

March mobile phone shipments to China fall 6 percent as economy slows

Shipments of mobile phones to China fell 6 percent in March compared with the same year-earlier month, official figures showed on Wednesday, as slowing economic growth took a toll on the sector.

China game-streaming firm Huya raises $327 million secondary offering

Chinese game-streaming company Huya Inc, backed by Tencent Holdings Ltd, raised $327 million in a follow-on share offering, two people with direct knowledge of the matter said on Wednesday.

Qualcomm aims to take on Nvidia, Intel with new AI chips

Qualcomm Inc on Tuesday unveiled a new chip for speeding up artificial intelligence work, aiming to diversify beyond its stronghold in mobile phone chips and into a fast-growing market now dominated by Nvidia Corp and Intel Corp.

Exclusive: Uber plans to sell around $10 billion worth of stock in IPO - sources

Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public offering (IPO), and will make public the registration of this offering on Thursday, people familiar with the matter said on Tuesday.

Virgin Galactic's first test passenger gets commercial astronaut wings

Virgin Galactic’s first test passenger received her commercial astronaut wings from the U.S. aviation regulator on Tuesday after flying on the company’s rocket plane to evaluate the customer experience in February.

Virgin Galactic's 1st test passenger gets commercial astronaut wings

Virgin Galactic’s first test passenger received her commercial astronaut wings from the U.S. aviation regulator on Tuesday after flying on the company’s rocket plane to evaluate the customer experience in February.

Airbnb reverses on delisting Israeli settlements, won't profit off West Bank

Airbnb said on Tuesday that it would not implement a planned delisting of Israeli settlements in the occupied West Bank and would donate proceeds from any bookings in the territory to international humanitarian aid organizations.

U.S. senators introduce social media bill to ban 'dark patterns' tricks

Two U.S. senators introduced a bill on Tuesday to ban online social media companies like Facebook Inc and Twitter Inc from tricking consumers into giving up their personal data.

Telco lobby urges EU lawmakers to spurn push for wifi car standard

Telecoms lobbying group GSMA stepped up pressure on Tuesday on EU lawmakers to reject a European Commission push for a wifi-based standard for cars, saying that it was an old technology that would not reduce road accidents.

Canadian regulator says Equifax fell short of privacy compliance

Equifax Inc and its Canadian unit fell far short of their privacy obligations, a Canadian federal agency said on Tuesday following an investigation into the 2017 data breach at the credit reporting company.

Private equity firm STG takes 70 percent stake in cybersecurity firm RedSeal

Private equity firm Symphony Technology Group said on Tuesday it has taken 70 percent stake in cybersecurity company RedSeal, a deal worth about $70 million.

Machine-learning on the rise in financial services: Refinitiv

The use of machine-learning has picked up across the financial services industry, although problems such as data quality continue to dog its progress, a study by Refinitiv has found.

U.S. senators' new bill would ban online 'dark patterns' that trick consumers

U.S. Senators Mark Warner, a Democrat, and Deb Fischer, a Republican, are introducing a bill on Tuesday to ban big online companies like Facebook Inc and Twitter Inc from using deception to push consumers to do things they otherwise would not do.

Online gaming firm Dream11 enters India's 'unicorn' club

Dream11 on Tuesday became India's first gaming startup to be valued at over $1 billion after its latest round of investment, joining the country's fast-growing "unicorn" club.

Qualcomm loses court bid against EU antitrust regulators' demand for data

U.S. chipmaker Qualcomm on Tuesday lost a court challenge against a demand for it to provide EU regulators with data in a long-running antitrust case.

Bitstamp granted virtual currency license by New York financial regulator

Bitstamp, Europe's biggest digital asset exchange, has been granted a virtual currency license, the New York Department of Financial Services said on Tuesday.