(Reuters) - Lloyds Banking Group Plc (LLOY.L) said on Sunday it would ban its credit card customers from buying Bitcoin and other cryptocurrencies. ”Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies,&rdq...
LONDON (Reuters) - U.S. payments firm Stripe said on Monday it would place its first engineering center outside its home market in the Irish capital Dublin, attracted by the city’s growing technology workforce and global outlook. The company helps businesses, including food delivery service De...
(Reuters) - Lloyds Banking Group Plc (LLOY.L) will ban its credit card customers from buying Bitcoin amid fears that they could run up huge losses, the Telegraph reported on Sunday. Britain's biggest mortgage lender will block any attempts to buy the digital currency with a credit card starting Mond...
(Reuters) - Broadcom Ltd (AVGO.O) plans to unveil a new approximately $120 billion offer for Qualcomm Inc (QCOM.O) on Monday, aiming to ratchet up pressure on its U.S. semiconductor peer to engage in negotiations, people familiar with the matter said on Sunday. The move comes ahead of a Qualcomm sha...
(Reuters) - Apple Inc’s hint of returning a ton of cash to shareholders was not enough to move investors who worried more about the iPhone maker’s weak outlook amid reports of production cuts for its flagship iPhone X. Apple shares were down about 1.4 percent at $165.42 in early trade on...
WASHINGTON (Reuters) - The U.S. judge who will decide if wireless and pay TV provider AT&T Inc (T.N) may purchase Time Warner Inc (TWX.N) said on Friday that he saw “no big issues” in pre-trial preparations. The Justice Department has said that the $85 billion deal is illegal because...
(Reuters) - Computer maker Dell Technologies Inc said on Friday it was considering a public offering of common stock or a combination with business software maker VMware Inc (VMW.N), its publicly held subsidiary. Dell, the world’s largest privately held technology company, is under pressure to...
AMSTERDAM (Reuters) - Daimler’s new Mercedes A-Class, unveiled on Friday, includes the German automaker’s own machine-learning and voice recognition technology in one of the industry’s boldest attempts so far to take on Silicon Valley’s finest. The Mercedes “MBUX”...
(Reuters) - Amazon.com Inc’s shares surged on Friday, pushing its stock market value above $700 billion and threatening to eclipse Microsoft Corp, a day after the online retailing behemoth reported blockbuster results. Amazon’s stock was up 3.7 percent at $1,441 per share in afternoon tr...
WASHINGTON (Reuters) - Booz Allen Hamilton said on Friday it won a $621 million federal contract to develop and implement cybersecurity tools across the U.S. government. The contractor, which earns billions of dollars a year contracting with U.S. intelligence agencies, said it was selected for a six...
NEW YORK (Reuters) - Sprint Corp reported quarterly revenue on Friday that beat analyst estimates, as the No. 4 U.S. wireless carrier raised its free cash flow outlook for the 2017 fiscal year. Shares rose 3.7 percent to $5.29 in early trading, a day after sliding 5.7 percent to their lowest in a ye...
(Reuters) - Computer maker Dell Technologies Inc said on Friday it is evaluating a potential public offering of its common stock or a combination with business software provider VMware Inc (VMW.N). Any potential deal could help the company keep up in a fiercely competitive storage market, as cloud-b...
HONG KONG (Reuters) - Chinese smartphone maker Xiaomi has climbed back into the global top five vendors list as the global market shrunk annually, even if only by a fraction, for the first time in 2017, according to a leading industry tracker. Worldwide smartphone shipment volume in 2017 dipped by 0...
FRANKFURT (Reuters) - Car and truck maker Daimler on Friday said it was open to considering a broader alliance and a partial listing of its mobility services operations, which include car sharing. Speaking to analysts, Chief Executive Dieter Zetsche, who is also head of Mercedes-Benz Cars, said he w...
LONDON (Reuters) - Blockchain is to be used for the first time to try to track cobalt’s journey from artisanal mines in Democratic Republic of Congo through to products used in smartphones and electric cars. (For a graphic on how blockchain works click tmsnrt.rs/2dVefUN) Sources close to a pil...
TOKYO (Reuters) - Sony Corp said on Friday CEO Kazuo Hirai will be replaced by chief financial officer Kenichiro Yoshida, who is credited with leading many of the changes that have helped the company recover from years of losses in consumer electronics. Under Hirai, who became CEO in 2012, the compa...
TOKYO (Reuters) - Japan’s financial regulator on Friday swooped on Coincheck Inc with surprise checks of its systems and said it had asked the Tokyo-based cryptocurrency exchange to fix flaws in its computer networks well before hackers stole $530 million of digital money last week. Security g...
TOKYO (Reuters) - Sony Corp said on Friday that CEO Kazuo Hirai will be replaced by the company’s chief financial officer, Kenichiro Yoshida, effective on April 1. Hirai, who stepped in as CEO in 2012, will become chairman of the electronics and entertainment company. During Hirai’s six-...
TOKYO (Reuters) - Sony Corp CEO Kazuo Hirai will be replaced by Kenichiro Yoshida, currently the company’s chief financial officer, effective April 1, the Nikkei newspaper reported on Friday. Hirai is likely to become chairman of the electronics and entertainment company, Nikkei said in its on...
(Reuters) - U.S. computer maker Dell Technologies Inc and business software provider VMware Inc have decided to explore options that could include a potential merger of the two companies, people familiar with the matter said on Thursday. The move, which may not result in any deal, comes as Dell, the...
SAN FRANCISCO (Reuters) - Google parent Alphabet Inc replaced long-time Executive Chairman Eric Schmidt with board veteran John Hennessy, a former Stanford University president and one of search engine company’s first users, it said in a regulatory filing on Thursday. Hennessy, 65, a computer ...
(Reuters) - Stronger iPhone prices and hints by Apple Inc on Thursday that it could return more than half of its $285 billion in cash to shareholders eased concerns among investors, even as the world’s biggest technology company gave a disappointing revenue outlook for the current quarter. App...
(Reuters) - Apple Inc on Thursday gave a disappointing revenue forecast for the first three months of 2018 and its sales of iPhones over the holiday quarter missed Wall Street’s expectations, deepening concerns that enthusiasm for the iPhone has permanently waned since its 2015 peak. But the c...
(Reuters) - Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line. Shares rose more than 6.4 percen...
(Reuters) - Apple Inc on Thursday gave a disappointing revenue and profit forecast for the first three months of 2018 and its sales of iPhones over the holiday quarter missed Wall Street’s expectations, deepening concerns that enthusiasm for the iPhone has permanently waned since its 2015 peak...
(Reuters) - Amazon.com Inc (AMZN.O) on Thursday said its sales surged over the winter holiday season and profit topped expectations, as the online retailer drew millions of new customers to its Prime fast-shipping club and as changes to U.S. tax law added to its bottom line. Shares rose more than 5....
(Reuters) - Google parent Alphabet Inc (GOOGL.O) missed quarterly profit forecasts despite surprisingly strong sales as higher expenses offset growing demand for pricey ads on mobile apps, the U.S. technology company said on Thursday. Shares of Alphabet dipped more than 4 percent after-hours to $1,1...
(Reuters) - Apple Inc’s revenue forecast for the second quarter on Thursday was below market expectations, adding to concerns of a plateau in demand for its newer iPhones, including the anniversary edition iPhone X. The company forecast second-quarter revenue between $60 billion and $62 billio...
(Reuters) - GoPro Inc (GPRO.O) missed its forecast for holiday-quarter revenue on Thursday as it struggles to drive demand for its flagship action cameras. Revenue fell 38.1 percent to $334.8 million in the fourth quarter ended Dec. 31. Net loss narrowed to $55.8 million or 41 cents per share from $...
(Reuters) - Amazon.com Inc (AMZN.O) reported a 38.2 percent jump in fourth-quarter revenue on Thursday, driven by a surge in online shopping during the holiday season and strong demand for its cloud services. Amazon, which shipped over 5 billion items worldwide through its subscription-based Prime s...
