HONG KONG/SEOUL (Reuters) - Bitcoin, battered by warnings about volatility and bubble-like appreciation, may have found a way to play a niche role in a big market: overseas money transfers. A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture, De...
JAKARTA (Reuters) - Indonesia’s financial regulator said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults. Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are se...
HELSINKI (Reuters) - Finland’s government investment arm Solidium has acquired a 3.3 percent stake in Nokia at a cost of about 844 million euros ($1.04 billion) to strengthen Finnish influence over the telecom network gear maker. The Nokia logo is seen at the Mobile World Congress in Barcelona...
SINGAPORE (Reuters) - Southeast Asia’s Grab has formed a venture with Japanese credit card company Credit Saison Co Ltd to provide loans and lending services in the region, marking the ride-hailing firm’s biggest expansion into financial services. FILE PHOTO: People wait for the start of...
SAN FRANCISCO (Reuters) - Women at Microsoft Corp working in U.S.-based technical jobs filed 238 internal complaints about gender discrimination or sexual harassment between 2010 and 2016, according to court filings made public on Monday. FILE PHOTO: The Microsoft logo is shown on the Microsoft Thea...
(Reuters) - U.S. President Donald Trump issued an order on Monday prohibiting semiconductor maker Broadcom Ltd’s (AVGO.O) proposed takeover of Qualcomm Inc(QCOM.O) on grounds of national security, bringing an end to what would have been the technology industry’s biggest deal ever. FILE P...
(Reuters) - Dropbox Inc (DBX.O) on Monday offered a price range for shares in its initial public offering that would value it at up to $7.1 billion, nearly a third below the valuation it commanded in 2014, a clear sign of how overheated the private tech market became a few years back. Cloud storage ...
(Reuters) - Dropbox Inc (DBX.O) on Monday priced shares for its initial public offering that would value it at up to $7.1 billion, nearly a third below the valuation it commanded in 2014, a clear sign of how overheated the private tech market became a few years back. Cloud storage company Dropbox is...
(Reuters) - In its much-anticipated filing to go public last month, Spotify revealed revenue growth was outpacing costs, suggesting the music streaming service was striking deals with the music industry that defeat the central tension in its business model. Headphones are seen in front of a logo of ...
(Reuters) - Apple Inc’s streaming music service now has 38 million paid subscribers, up from 36 million in February, the company said on Monday. FILE PHOTO - An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTER...
BRUSSELS (Reuters) - A consumer group on Monday said experts appointed by the European Commission to advise on tackling fake news had ignored the business model that gave the likes of Google (GOOGL.O) and Facebook (FB.O) a motive for disseminating it. FILE PHOTO - Monique Goyens, head of the BEUC, t...
(Reuters) - The U.S. Treasury Department has told Singapore-based Broadcom Ltd (AVGO.O) that it has confirmed national security concerns about the chipmaker’s unsolicited bid to buy rival Qualcomm Inc (QCOM.O) and accused it of violating an order to give sufficient notice of plans to move to t...
LONDON (Reuters) - Tesla’s shift to a magnetic motor using neodymium in its Model 3 Long Range car adds to pressure on already strained supplies of a rare earth metal that had for years been shunned because of an export ban by top producer China. FILE PHOTO: A Tesla Model 3 is seen in a showro...
LONDON (Reuters) - Dozens of stallholders, pitching anything from a happy retirement to commercial property to the future of electronics, set up shop in central London last weekend to pitch their wares. Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC ...
(Reuters) - Dropbox Inc (DBX.O) on Monday filed to go public, valuing the cloud storage company at up to $7.1 billion, nearly a third below a valuation three years ago, as concerns rose that it was not growing fast enough to justify a loftier price tag. The DropBox logo is seen in this illustration ...
(Reuters) - Apple Inc (AAPL.O) will buy digital magazine service Texture, which lets users read titles for a monthly subscription fee, the iPhone maker said on Monday. FILE PHOTO: A man looks at the screen of his mobile phone in front of an Apple logo outside its store in Shanghai, China on July 30,...
(Reuters) - Chipmaker Broadcom Ltd (AVGO.O) violated a U.S. Treasury Department order by not giving sufficient notice to a national security panel of its plans to redomicile in the United States, the Treasury said in a letter to the Singapore-based company. The logo of Qualcomm is seen during the Mo...
(Reuters) - Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code ...
WASHINGTON (Reuters) - Chipmaker Broadcom Ltd (AVGO.O) violated an order from a national security panel in a bid to push for a merger with rival Qualcomm Inc (QCOM.O), the U.S. Treasury Department said in a letter. The logo of Qualcomm is seen during the Mobile World Congress in Barcelona, Spain Feb...
SEATTLE (Reuters) - Microsoft Corp (MSFT.O) on Monday said 200,000 organizations are now using Teams, its year-old workplace collaboration software, up from 125,000 in September, a sign the company may be making some progress in its battle with Slack Technologies Inc. A Microsoft logo is seen in Los...
(Reuters) - Data-sharing business Dropbox Inc (DBX.O) on Monday filed for an initial public offering of 36 million shares, giving the company a value of more than $7 billion at the higher end of the range. The DropBox logo is seen in this illustration photo July 28, 2017. REUTERS/Thomas White/Illust...
(Reuters) - Singapore-based Broadcom Ltd (AVGO.O) said on Monday it expects to redomicile to the United States by April 3, two days before the chipmaker’s acquisition target Qualcomm Inc (QCOM.O) holds its annual shareholder meeting. A sign to the campus offices of chip maker Broadcom Ltd, is ...
SEOUL (Reuters) - South Korea’s stock exchange said on Monday that trading in Samsung Electronics Co Ltd’s shares will be halted for three days before the stock is split. The logo of Samsung is seen on a building during the Mobile World Congress in Barcelona, Spain February 25, 2018. REU...
TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist. FILE PHOTO: Cryptocurrency exchange Coincheck's signboar...
FRANKFURT (Reuters) - Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said. European utilities could achieve efficiency gains of up to a...
MUMBAI (Reuters) - Amazon.com Inc’s video service will look to add more regional content in India, two company executives said, as it competes with a host of global and local players for a bigger share of a fledgling online streaming market. FILE PHOTO: Employees of Amazon India are seen behin...
FRANKFURT (Reuters) - The billionaire founder of United Internet has urged internet providers to found a joint company to build out Germany’s high-speed broadband network, challenging market leader Deutsche Telekom to back the venture. FILE PHOTO: A logo of Germany's telecommunications giant D...
BEIJING (Reuters) - At a highway check point on the outskirts of Beijing, local police are this week testing out a new security tool: smart glasses that can pick up facial features and car registration plates, and match them in real-time with a database of suspects.
TOKYO (Reuters) - Panasonic Corp is considering selling a Chinese plant that makes security cameras in a deal it hopes will fetch over $450 million, the Nikkei reported on Saturday.
BERLIN (Reuters) - Germany’s incoming minister with responsibility for digital policy says she will push social media giants to make users’ information feeds more diverse and timely to avoid creating “echo chambers” for the like-minded. Companies such as Facebook have come un...
