Asia's cryptocurrency arbitrage boom fizzles, but profits persist

SHANGHAI/SINGAPORE (Reuters) - When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin "mules" and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators' watchful eyes.

Panera Bread's website leaks customer records: KrebsOnSecurity

(Reuters) - Bakery-cafe chain Panera Bread's website leaked customer records for at least eight months, cyber security blog KrebsOnSecurity reported on Monday.

Alibaba files trademark lawsuit against Dubai firm behind 'Alibabacoin'

NEW YORK (Reuters) - Alibaba Group Holding Ltd on Monday sued a Dubai-based firm it said has caused confusion by using its trademarked name to raise more than $3.5 million in cryptocurrency known as "Alibabacoins."

Tesla shares fall on worries about Model 3 production rate

(Reuters) - Tesla Inc shares slumped 5 percent on Monday as investors awaited production numbers for the closely watched Model 3, a cheaper vehicle that analysts see as crucial to the luxury electric automaker's long-term profitability.

Apple plans to replace Intel chips in Macs with its: Bloomberg

(Reuters) - Apple Inc is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel Corp , Bloomberg reported on Monday, citing people familiar with the matter.

Blockchain executive Amber Baldet to leave JPMorgan

NEW YORK (Reuters) - Amber Baldet, a blockchain program lead at JPMorgan Chase & Co , is leaving the bank to launch her own venture, JPMorgan said on Monday.

OTC crypto market flourishes, powered by Skype

NEW YORK/LONDON (Reuters) - Trading firms are negotiating buying, selling and lending digital currencies like bitcoin and ether over Skype, catering to big investors looking to avoid rocking already volatile online exchanges.

Apple plans to replace Intel chips in Macs with its own: Bloomberg

(Reuters) - Apple Inc is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel Corp , Bloomberg reported on Monday, citing people familiar with the matter.

SoftBank, Alibaba to invest $445 million in India's Paytm E-Commerce

MUMBAI (Reuters) - SoftBank Group is investing $400 million in India's Paytm E-Commerce Pvt. Ltd. in a funding round that will value the online retailer at roughly $1.9 billion, a regulatory filing showed on Monday.

Silicon Valley, Wall Street taking notes on Spotify debut

NEW YORK (Reuters) - Spotify Technology SA's unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but are not in need of cash.

Apple plans to replace Intel chips in Macs with its own from 2020: Bloomberg

(Reuters) - Apple Inc is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel, Bloomberg reported on Monday, citing people familiar with the matter.

Walmart opens first small high-tech supermarket in China

BEIJING/NEW YORK (Reuters) - Walmart Inc has opened its first small high-tech supermarket in China, where smartphones can be used to pay for items that are mostly available on the U.S. retailer's store on Chinese online marketplace JD.com, it said on Monday.

Tesla said to make 2,000 Model 3s per week, stock down

(Reuters) - Tesla Inc was reported to be making 2,000 of its Model 3 sedans per week, enough to ease stock market nerves around billionaire Elon Musk's electric carmaker on Monday after a week dominated by news of a crash involving its semi-autonomous autopilot.

Tesla making 2,000 Model 3s per week: report

(Reuters) - Tesla Inc will fall short of its 2,500 per week target for production of the crucial Model 3 sedan when it reports its numbers this week, according to a report by tech website Jalopnik, citing an email from Chief Executive Officer Elon Musk to employees.

Hudson's Bay shares drop after security breach at Saks, Lord&Taylor stores

TORONTO (Reuters) - Hudson's Bay shares dropped on Monday after the Canadian department store operator reported security breaches at some of its Saks Fifth Avenue, Saks OFF 5th and Lord & Taylor stores on Sunday.

Amazon shares fall 6 percent as Trump renews attack

(Reuters) - Shares of Amazon.com Inc fell 6 percent on Monday after U.S. President Donald Trump again attacked the online retailer over the pricing of its deliveries through the United States Postal Service and promised unspecified changes.

Amazon shares fall four percent as Trump renews attack

(Reuters) - Shares of Amazon.com Inc fell 4 percent on Monday after U.S. President Donald Trump again attacked the online retailer over the pricing of its deliveries through the United States Postal Service and promised unspecified changes.

Russian postal drone program hits wall in debut

MOSCOW (Reuters) - A Russian-made drone on its way to making a first parcel delivery crashed into a wall and crumbled to pieces in the Siberian city of Ulan-Ude on Monday, shocking local residents and regional officials at the scene.

Hudson's Bay shares drop after security breach at Saks, Lord & Taylor stores

TORONTO (Reuters) - Hudson's Bay shares dropped on Monday after the Canadian department store operator reported security breaches at some of its Saks Fifth Avenue, Saks OFF 5th and Lord & Taylor stores on Sunday.

Amazon shares fall 3 percent as Trump renews attack

(Reuters) - Shares of Amazon.com Inc fell 3 percent on Monday after U.S. President Donald Trump again attacked the online retailer over the pricing of its deliveries through the U.S. postal system and promised unspecified changes.

Tesla shares fall again ahead of Model 3 production numbers

(Reuters) - Shares of Tesla Inc fell almost 5 percent on Monday ahead of the electric car maker's announcement of quarterly production numbers for its crucial Model 3 sedan.

Nigeria to probe alleged Cambridge Analytica involvement in elections: presidency

ABUJA (Reuters) - Nigeria's government will launch an investigation into allegations of improper involvement by political consultancy Cambridge Analytica in the country's 2007 and 2015 elections, a presidency spokesman said on Monday.

Rare Japanese unicorn Mercari to targets rapid U.S. expansion

TOKYO (Reuters) - Japanese flea market app operator Mercari Inc targets rapid expansion in the United States, its founder and chief executive told Reuters on Monday, after a recent funding round boosted its value beyond $2 billion.

Walmart opens first high-tech small-sized supermarket in China

BEIJING (Reuters) - Walmart Inc said on Monday it has opened its first small-sized high-tech supermarket in China, which will stock products that customers will also be able buy on the U.S. retailer's store on Chinese online marketplace JD.com.

Philippines, Malaysia put Uber-Grab deal under anti-competition scrutiny

MANILA/KUALA LUMPUR (Reuters) - Philippines and Malaysia said on Monday they will look into whether Uber Technologies' [UBER.UL] move to sell its Southeast Asian business to ride-hailing rival Grab hinders competition, days after Singapore began a probe into the deal on similar concerns.

Malaysia puts Grab on anti-competition watchlist after Uber stake buy

KUALA LUMPUR (Reuters) - Malaysia said on Monday that it will monitor ride-hailing firm Grab for possible anti-competitive behavior, after rival Uber Technologies Inc offloaded its Southeast Asian operations to the Singapore-based firm.

Indonesia says Go-Jek, Grab need to register as transport businesses

JAKARTA (Reuters) - Ride-hailing companies Go-Jek and Grab must register in Indonesia as transport companies within two months to ensure they meet safety requirements as a public transport provider, Indonesia's transport minister said on Monday.

Trump to unveil China tariff list this week, targeting tech goods

WASHINGTON (Reuters) - The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world's two largest economies.

Alibaba to buy remaining shares in food delivery app Ele.me

(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said on Monday it would buy the remaining shares of Ele.me, a major platform in China's food delivery market, as it competes with Tencent Holdings Ltd services for offline consumers.

Alibaba to buy food delivery app Ele.me

(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said on Sunday it would buy all shares that it does not already own in food delivery platform Ele.me.