Chinese bitcoin mining gear makers set sights on world's largest bitcoin IPOs

HONG KONG (Reuters) - Two Chinese bitcoin mining equipment makers are set to test international investor appetite for cryptocurrencies with plans to raise as much as $1 billion each - in what are expected to be the world's largest bitcoin-focused floats to date.

Toshiba upbeat about Chinese review of $18 billion chip unit sale

TOKYO (Reuters) - Toshiba Corp is upbeat about the prospects of clearing China's antimonopoly review of the $18 billion sale of its chip unit, its CEO said, dismissing reports it may pursue alternative plans if the review drags beyond the deal's deadline.

Kaspersky Lab to open Swiss data center to combat spying allegations

LONDON (Reuters) - Moscow-based Kaspersky Lab plans to open a data center in Switzerland by the end of next year to help address Western government concerns that Russia exploits its anti-virus software to spy on customers.

Israeli minister says Intel board approves Israel expansion

JERUSALEM (Reuters) - Israeli Economy Minister Eli Cohen said on Tuesday he was told by U.S. chipmaker Intel Corp that the company's board has approved a plan to expand its operations in Israel.

Australia looking into claim Google harvests data while consumers pay

SYDNEY (Reuters) - Google is under investigation in Australia following claims that it collects data from millions of Android smartphone users, who unwittingly pay their telecom service providers for gigabytes consumed by the activity, regulators said on Tuesday.

South Korea orders arrest of Samsung official over union sabotage claim

SEOUL (Reuters) - A South Korean court issued an arrest warrant on Tuesday for a senior official of a unit of Samsung Electronics Co Ltd as prosecutors investigate whether the conglomerate sabotaged workers' efforts to strengthen labor unions.

Thailand to issue rules on cryptocurrency by end-June: SEC chief

BANGKOK (Reuters) - Thailand's securities and exchange commission expects to issue regulations on cryptocurrencies and initial coin offerings by the end of June after holding a public hearing, the SEC chief said on Tuesday.

Two Chinese bitcoin mining equipment makers plan $1 billion Hong Kong listings: IFR

HONG KONG (Reuters) - Two Chinese bitcoin mining equipment makers plan to raise up to $1 billion each from Hong Kong listings this year, riding on strong global interest in cryptocurrencies, IFR reported on Tuesday, citing people familiar with the plans.

Australia probes claim Google harvests data, consumers pay

SYDNEY (Reuters) - Google is under investigation in Australia following claims that it collects data from millions of Android smartphones users, who unwittingly pay their telecom service providers for gigabytes consumed during the harvesting, regulators said on Tuesday.

Toshiba says memory chip unit sale to boost annual profit by a third

TOKYO (Reuters) - Japan's Toshiba Corp said it expects net income to jump 33 percent this financial year thanks to profits from the planned $18 billion sale of its memory chip unit.

China tech giants bet on untangling logistics of Indonesian e-commerce

JAKARTA (Reuters) - In a warehouse on the outskirts of Indonesia's capital, supervisors at e-commerce company Lazada use bikes or electric scooters to zip around a floor the size of four soccer fields, where up to 3,000 staff pack and dispatch goods around the clock.The warehouse is one of five that...

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Symantec probes accounting, says likely no impact on past results

(Reuters) - Symantec Corp on Monday said it did not expect an internal accounting probe that it disclosed last week to have a material impact on its past financial statements, helping allay investor concerns.

Study finds Uber's growth slows after year of scandal; Lyft benefits

SAN FRANCISCO (Reuters) - Uber Technologies Inc's [UBER.UL] growth has slowed as a series of scandals has allowed the ride-hailing company's chief U.S. competitor, Lyft Inc, to grab more market share, digital research firm eMarketer said in a report on Monday.

Trump defends intervention to help China telecom company ZTE

WASHINGTON (Reuters) - President Donald Trump on Monday defended his decision to revisit penalties for Chinese company ZTE Corp for flouting U.S. sanctions on trade with Iran, saying the telecom maker is a big buyer for U.S. suppliers.

Symantec investigating certain accounting measures

(Reuters) - Symantec Corp said on Monday it is investigating the reporting of certain accounting measures including those that could impact executive compensation and some forward-looking statements, but added it does not see a material impact on its past financial statements from the probe.

Tesla crash may have triggered battery fire: Swiss firefighters

ZURICH (Reuters) - Swiss firefighters said on Monday that the impact in a fatal accident involving a Tesla electric car may have set off a fire in the vehicle's battery.

Home Depot well placed to withstand 'Amazon effect,' investors say

NEW YORK (Reuters) - Home Depot Inc shares have climbed with the approach of spring weather, as some investors believe the retailer is well positioned to fend off the competitive threat of online retailers as the peak season for home improvement begins.

Dutch government to phase out use of Kaspersky anti-virus software

AMSTERDAM (Reuters) - The Dutch government said on Monday it had decided to phase out the use of anti-virus software made by Kaspersky Labs "as a precautionary measure" and was advising companies that safeguard vital services to do the same.

After Trump pledge to help China's ZTE, Commerce eyes changes

WASHINGTON (Reuters) - The U.S. Commerce Department is exploring "alternative remedies" to punish Chinese telecommunication company ZTE Corp for flouting U.S. sanctions on trade with Iran after President Donald Trump intervened, Commerce Secretary Wilbur Ross said on Monday.

Electrified roads: Swedish project could slash cost of electric vehicles

OSLO (Reuters) - An electrified road in Sweden that is the first in the world to charge vehicles as they drive along is showing promise and could potentially help cut the high cost of electric cars, project backers Vattenfall [VATN.UL] and Elways told Reuters.

Senate votes Wednesday on effort to reinstate 'net neutrality' rules

WASHINGTON (Reuters) - The U.S. Senate will vote on Wednesday on whether to reverse a decision by the Trump administration to roll back Obama-era "net neutrality" rules, Democratic senators said on Monday.

Winklevoss bitcoin exchange wins NY approval to expand, offer Zcash

NEW YORK (Reuters) - New York state on Monday authorized the Gemini Trust Co exchange founded by internet entrepreneurs Cameron and Tyler Winklevoss to offer trading of the privacy-focused cryptocurrency Zcash, making it the world's first licensed Zcash exchange.

Popular encrypted email standards are unsafe: researchers

FRANKFURT (Reuters) - European researchers have found that the popular PGP and S/MIME email encryption standards are vulnerable to being hacked and they urge users to disable and uninstall them immediately.

Trump's pledge to help China's ZTE spurs backlash in Washington

WASHINGTON (Reuters) - President Donald Trump's pledge to help a Chinese telecommunication company that broke U.S. sanctions law sparked a backlash from lawmakers who said the move could weaken the U.S. hand in upcoming trade talks with Beijing.

Thieves suck millions out of Mexican banks in transfer heist

MEXICO CITY (Reuters) - Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to fake accounts and promptly withdrew the money, two sources close to the government's investigation said. Hackers sent hundreds of false...

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Winklevosses' bitcoin exchange wins NY approval to expand services

NEW YORK (Reuters) - New York state's top financial services regulator on Monday said it has authorized the Gemini Trust Co bitcoin exchange founded by Cameron and Tyler Winklevoss to offer trading of the privacy-focused cryptocurrency Zcash, making it the world's first licensed Zcash exchange.

Trump's comments on China's ZTE draw security concerns

WASHINGTON (Reuters) - President Donald Trump's pledge to help China's ZTE Corp "get back into business, fast" and save Chinese jobs after a U.S. ban crippled the technology company drew condemnation from some lawmakers on Monday over trade and security concerns.

Tencent gets self-driving car test license from China's Shenzhen city - report

BEIJING (Reuters) - China's southern city of Shenzhen gave the green light to tech giant Tencent Holdings to test its self-driving car on some public roads as the country seeks to bolster its position in the global race for autonomous vehicle technology.

Popular encrypted email standards are unsafe - European researchers

FRANKFURT (Reuters) - European researchers have found that the popular PGP and S/MIME email encryption standards are vulnerable to being hacked, leading them to urge people using them to disable and uninstall them immediately.

German spy chief says regulation may be needed for social platforms

BERLIN (Reuters) - Germany's domestic intelligence agency on Monday suggested that regulations may be needed if the European Union cannot increase the accountability of social media platforms such as Facebook regarding illegal or dangerous content.