(Reuters) - Snap Inc’s (SNAP.N) Snapchat on Tuesday responded to a Change.org petition that asked for a reversal of the messaging app’s latest redesign. Snapchat in its response promised rolling out a new update in the coming weeks, which will 'make it easier to find the Stories', allowi...
NEW YORK (Reuters) - Mobile banking apps keep getting better, but 60 percent of Americans would still rather open a new checking account in person at a bank branch than on a phone, tablet or desktop computer, according to a new survey. Set for release on Wednesday by consulting firm Novantas, the su...
(Reuters) - Broadcom Ltd (AVGO.O) cut its bid for Qualcomm Inc (QCOM.O) on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV (NXPI.O). The move came after Broadcom called...
LONDON (Reuters) - A life-like avatar called Cora is being put through her paces by Royal Bank of Scotland (RBS.L), helping customers with basic queries and giving its digital banking drive a more human face. RBS, which recently axed a quarter of its branches and has announced thousands of job cuts ...
DETROIT (Reuters) - When Avis Budget Group Inc (CAR.O) reports its results on Wednesday, executives under pressure from restive shareholders will likely point to the potential for profits from managing fleets of vehicles for ride services and robo-taxi companies. Avis, however, won’t be alone ...
JERUSALEM (Reuters) - Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmaker. Intel, would start expanding the plant this year and work would be completed in 2020,...
(Reuters) - Broadcom Corp (AVGO.O) on Wednesday fired its latest salvo against Qualcomm Inc (QCOM.O) by lowering its takeover offer to $117 billion from $121 billion, a day after the U.S. chipmaker increased its own offer for NXP Semiconductors NV (NXPI.O). Broadcom’s previous $82 per share of...
TEL AVIV (Reuters) - Public transit app Moovit said on Wednesday it raised $50 million in an investment round led by Intel Capital, bringing its total raised to date to $133 million. All Moovit’s earlier investors participated, including Sequoia Capital, BMW iVentures, NGP, Ashton Kutcher&rsqu...
HELSINKI (Reuters) - Nokia does not see meaningful potential for its “struggling” digital health business which includes activity trackers and smartwatches, according to an internal memo seen by Reuters on Wednesday. The Finnish company, which is mainly focused on making telecom network ...
JERUSALEM (Reuters) - Chipmaker Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in Israel in the next three years, Israeli Economy Minister Eli Cohen said on Wednesday. Cohen and other ministry officials earlier in the day met with Intel executives. He said Intel w...
STUTTGART (Reuters) - Daimler (DAIGn.DE) said on Wednesday it aims to start serial production of an electric heavy truck with a range of 200 km (124 miles) in 2021, Daimler Trucks chief Martin Daum said. A year ago, Daimler had said its eActros could be ready for serial production in 2020. Ten custo...
TOKYO (Reuters) - A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free - though none were able to profit from the mistake. Zaif, a government-registered exchange run by Osaka-based Tech Bureau Corp, said on Tuesday that a system glitch had let seven customers b...
(Reuters) - Apple Inc is in talks to buy long-term supplies of cobalt for iPhone batteries directly from miners, Bloomberg reported on Wednesday, citing sources. The iPhone maker is seeking contracts to buy several thousand metric tons of cobalt for five years or longer, Bloomberg reported, citing a...
TOKYO (Reuters) - A Japanese cryptocurrency exchange undergoing checks by regulators has said a system failure let investors briefly trade a digital currency for zero yen, highlighting security concerns about such assets after last month’s cyber heist at Coincheck Inc. Zaif, an exchange run by...
SEOUL (Reuters) - A better deal for South Korea’s cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology. The regulator said on Tuesday that it hopes to see Sou...
CARACAS (Reuters) - President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country’s “petro” cryptocurrency, aimed at pulling the country out of an economic tailspin. Maduro is hoping the petro will allow the ailing OPEC...
SEOUL (Reuters) - South Korea’s cryptocurrency industry is anticipating much better times as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology. The regulator said on Tuesday that it hopes to see South Kore...
FRANKFURT (Reuters) - Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns. The study, published on Wednes...
HONG KONG/SINGAPORE (Reuters) - Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology: cryptocurrency mining rigs. Scores of miners from around the world are traveling to places like Hong Kong’s Sham Shui Po and Singapore&rs...
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Tuesday announced he would create a task force to examine how his Justice Department can better combat global cyber threats, including efforts to interfere with elections or damage critical infrastructure. Last week, leaders of U.S. intel...
WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected to publish on Thursday its December order overturning the landmark Obama-era net neutrality rules, two sources briefed on the matter said Tuesday.
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions has ordered the creation of a task force to examine how his Justice Department can better combat a wide cross-section of global cyber threats, including efforts to interfere with elections or damage critical infrastructure. The announcement ...
NEW YORK (Reuters) - Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea’s financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exch...
AMSTERDAM (Reuters) - Dutch financial services company ING on Tuesday confirmed that Bitfinex, one of the largest exchanges for trading in cryptocurrencies such as Bitcoin, has a bank account with it in the Netherlands.
LOS ANGELES (Reuters) - Amazon.com Inc on Tuesday extended its 5 percent cash back benefit for Prime service subscribers to shoppers at its newly acquired Whole Foods Market grocery chain. Roughly one year ago, the Amazon Prime Rewards Visa Card issued by Chase began offering eligible Prime members ...
(Reuters) - U.S. semiconductor company Qualcomm Inc (QCOM.O) on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV (NXPI.O), its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd (AVGO.O). The new deal puts pressure on Broadcom to ...
FRANKFURT (Reuters) - A North Korean cyber espionage group previously known only for targeting South Korea’s government and private sector deepened its sophistication and hit further afield including in Japan and the Middle East in 2017, security researchers said on Tuesday. Cyber attacks link...
(Reuters) - Xerox Corp shareholders Carl Icahn and Darwin Deason said on Tuesday the U.S. company should seek to sell itself to one of its rivals or a private equity firm. Xerox could combine with a competitor that is actually willing to pay a significant premium, or Japan's Fujifilm Holdings themse...
(Reuters) - Medical device maker Medtronic Plc’s quarterly revenue beat analysts’ expectations as new product launches drove sales across its business units, but weaker-than-expected margins clouded the earnings report. Sales in its biggest business, the cardiac and vascular unit that se...
(Reuters) - U.S. chipmaker Qualcomm Inc (QCOM.O) raised its offer to buy NXP Semiconductors NV (NXPI.O) to $127.50 per share on Tuesday, and said it has the backing of the shareholder group led by hedge fund Elliott Management that opposed its previous proposal. The new deal puts pressure on fellow ...
