Lithuania sees flood of fintech firms apply for licenses ahead of Brexit

About 100 financial companies and start-ups from Britain and elsewhere are applying for a license in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country's central bank told Reuters.

Crypto bear market threatens to last as potential token supply weighs

Cryptocurrencies may be facing a prolonged bear market.

German authorities probe potential Huawei security risks: Funke

Germany's federal cybersecurity agency is investigating whether China's Huawei Technologies could be a security threat after warnings from other countries, the Funke group of newspapers reported on Friday, citing Economy Minister Peter Altmaier.

Lithuania sees flood of UK fintech firms apply for license ahead of Brexit

About 100 British financial companies and start-ups are applying for a license in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country's central bank told Reuters.

Seeking an edge, U.S. landlords turn to tenant experience apps

The firm that sold Chelsea Market to Google for $2.4 billion has joined three large brokerages, among others, to back software designed to meet the growing demands of a millennial workforce that is changing how office space is leased and managed.

Brookfield in talks with India's Reliance Industries to buy tower, fibre assets: report

Canadian private equity firm Brookfield Asset Management is in preliminary talks with India's Reliance Industries to buy a stake in its optical fibre and telecom tower assets, The Times of India newspaper reported on Friday.

Swisscom, Sunrise, Salt pay $380 million for Swiss 5G frequencies

Swisscom, Sunrise and Salt have paid a relatively modest 380 million Swiss francs ($379 million) for fifth-generation wireless frequencies that will tighten their grip on the Swiss mobile market.

Sony stock jumps after first-ever share buyback announcement

Sony Corp announced its first-ever major share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover from a hammering days earlier when investors freaked over lacklustre earnings.

Thailand launches Huawei 5G test bed, even as U.S. urges allies to bar Chinese gear

Thailand on Friday launched a Huawei Technologies 5G test bed, even as the United States urges its allies to bar the Chinese telecoms giant from building next-generation mobile networks.

Sony stock perks up after first-ever share buyback announcement

Sony Corp announced its first-ever share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover somewhat from the hammering it received earlier in the week when the technology firm reported lacklustre earnings.

Sony announces first-ever share buyback, stock rises 5 percent

Sony Corp announced on Friday a share buyback of 100 billion yen ($910 million) - its first ever aimed at boosting shareholder returns - sending the Japanese electronics and entertainment company's shares up more than 5 percent.

Vimeo revenue jumps 54 percent in 2018, paying subscribers near 1 million

Online video platform Vimeo's revenue jumped 54 percent last year as its subscriber base surpassed 950,000, its parent group IAC said on Thursday.

Vimeo revenue hits $160 million in 2018, paying users near 1 million

Online video platform Vimeo's paying subscriber base grew to about 952,000 at the end of 2018 and the company made $160 million in revenue during the year, its parent group IAC revealed on Thursday.

Canada securities watchdog says crypto firm Quadriga beyond its purview

British Columbia Securities Commission, the province's securities regulator, said on Thursday that it does not regulate Quadriga CX, the Vancouver, B.C.-based digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts.

Apple to contribute to U.S. teen's education for spotting FaceTime bug

Apple Inc on Thursday rolled out software updates to iPhones to fix a privacy issue in its FaceTime video calling service, and said it would contribute toward the education of the Arizona teenager who discovered the problem.

Postmates confidentially files for IPO

Grocery and food delivery platform Postmates Inc said on Thursday it had confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission.

Exclusive: Dell explores sale of cybersecurity company SecureWorks - sources

Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of close to $2 billion, people familiar with the matter said on Thursday.

Apple rolls out fix for FaceTime privacy bug

Apple Inc on Thursday released a fix for a software bug that had let iPhone users hear audio from users who had not yet accepted a video call.

Huawei open to European supervision: executive in speech

Chinese telecoms giant Huawei wants cybersecurity to be viewed as a technical rather than ideological issue and is open to supervision by European governments to prove the point, a senior company executive is expected to say on Thursday evening.

Illumio raises $65 million, J.P. Morgan Asset Management leads round

Cyber security firm Illumio said on Thursday it raised $65 million in a funding round led by J.P. Morgan Asset Management that will be used to help the money-losing company expand outside the United States.

Twitter shares tumble on forecasts for weaker revenue, higher costs

Twitter Inc forecast that revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 10 percent in midday trading on Thursday.

Airbnb hires airline executive in move to offer transportation services

Airbnb is preparing to add transportation options to its line-up of travel services, as the online company seeks to find new areas of growth outside its original home-renting business.

Exclusive: Dell explores sale of cyber security company SecureWorks - sources

Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cyber security services with a market value of close to $2 billion, people familiar with the matter said on Thursday.

Startup Aurora gets $530 million boost to build self-driving cars

Self-driving car startup Aurora has raised more than $530 million in fresh funding, bucking recent skepticism by investors and industry players that autonomous vehicle technology has been overhyped.

Amazon calls for transparent use of facial ID tech by law enforcement agencies

Amazon.com Inc on Thursday joined the call for transparency in the use of facial recognition technology by law enforcement agencies, and said it supports an "appropriate" legislative framework on the technology to protect civil rights.

Germany does not want to exclude Huawei from 5G buildout: Handelsblatt

The German government wants to avoid excluding products offered by China's Huawei Technologies from the build-out of the next generation 5G network in Germany, business daily Handelsblatt reported on Thursday, citing government sources.

GrubHub results, forecast miss estimates, shares tank

GrubHub Inc reported lower-than-expected quarterly results on Thursday and forecast adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the full year below Wall Street estimates, sending its shares down 21 percent to a two-year low.

Twitter shares sink after weaker-than-expected revenue forecast

Twitter Inc said on Thursday revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 7 percent in premarket trading.

Wirecard denies new FT report after shares plunge again

German payments company Wirecard on Thursday denied a report by the Financial Times regarding "suspected book-padding" at the group's Asian operations and which traders said sent shares down.

GrubHub's quarterly results miss estimates as expenses rise

GrubHub Inc's fourth quarter results missed analysts' estimates on Thursday as the online food delivery company continues to increase spending on marketing and expansion activities to attract more people to its platforms.