(Reuters) - Departing American Express Co (AXP.N) Chief Executive Kenneth Chenault will become Airbnb Inc’s first non-affiliated independent board director, the home rental service’s CEO Brian Chesky said. This is the first addition to board since the company was founded in 2008, an Airb...
NEW YORK (Reuters) - Trading software provider Trading Technologies International Inc said on Thursday it has teamed up with crypto-currency exchange operator Coinbase to give institutional traders direct market access to both bitcoin and bitcoin futures beginning in March. The partnership means tha...
(Reuters) - Alphabet Inc’s Google rolled out a new addition to its ads settings that will enable users to mute reminder ads in apps and on websites that partner with the company to show the ads. Reminder ads are reminders of a website that users have browsed in the past for a product. With the...
MOSCOW (Reuters) - Moscow-based cyber security company Kaspersky Lab is sure that it will win its legal process in the United States and that a ban on the use of its products by the U.S. government will be lifted, it was quoted as saying by RIA news agency on Thursday. The United States banned civil...
LONDON (Reuters) - Britain should take a serious look at cryptocurrencies such as Bitcoin because of the way they can be used by criminals, Prime Minister Theresa May said on Thursday. “Cryptocurrencies like Bitcoin, we should be looking at these very seriously, precisely because of the way th...
WASHINGTON/MOSCOW (Reuters) - Major global technology providers SAP (SAPG.DE), Symantec (SYMC.O) and McAfee have allowed Russian authorities to hunt for vulnerabilities in software deeply embedded across the U.S. government, a Reuters investigation has found. The practice potentially jeopardizes the...
(Reuters) - Wall Street analysts will grill Intel Corp (INTC.O) executives on how massive security flaws in its computer chips are impacting business when the company reports quarterly results on Thursday. Intel has said there would be no material cost to it from security flaws, dubbed Meltdown and ...
BRUSSELS (Reuters) - An Austrian privacy activist cannot bring a class action lawsuit against Facebook for alleged privacy violations but can sue the company himself in his home country, the European Union’s highest court ruled on Thursday. The Court of Justice of the European Union (ECJ) said...
BRUSSELS (Reuters) - An Austrian privacy activist can not bring a class action lawsuit against Facebook for alleged privacy violations but can himself sue the company in his home court, the highest European Union court ruled on Thursday. The Court of Justice of the European Union (ECJ) said Max Schr...
BRUSSELS (Reuters) - Max Schrems, an Austrian privacy activist, said his individual case against Facebook would go ahead in a court in Vienna after the EU top court blocked his attempt to bring a class action suit against the company on Thursday. “For three years Facebook has been fighting nai...
TOKYO (Reuters) - Policymakers around the world may debate ways to deal with the volatility of bitcoin and other cryptocurrencies but imposing global, across-the-board regulations on their trading won’t be easy, a senior Bank of Japan official said on Thursday. South Korea and China have tight...
(Reuters) - Departing Hewlett Packard Enterprise Co (HPE.N) CEO Meg Whitman will become chief executive of DreamWorks co-founder Jeffrey Katzenberg’s mobile media firm NewTV, a move that places her back into unchartered territory. One of the most powerful women in U.S. business and a former ca...
SEOUL (Reuters) - Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency and weak U.S. and Chinese sales eroded the automaker’s bottom line for 2017. While this was the first gain in quarterly prof...
(Reuters) - Qualcomm Technologies Inc has signed memorandums of understanding for sales worth at least $2 billion with Lenovo Group, Guangdong OPPO Mobile Telecommunications Corp, vivo Communication Technology and Xiaomi Communications. The Chinese firms expressed an interest in buying Qualcomm comp...
TOKYO (Reuters) - Uber Chief Executive Dara Khosrowshahi will make his first visit to Asia next month as the new head looks to improve the image of the controversial ride-sharing firm in the region. Khosrowshahi will visit Japan and India in the week of Feb. 19 to meet with high-ranking government o...
(Reuters) - Apple Inc’s move on Wednesday to give iPhone owners information about the health of their batteries reverses the company’s longstanding refusal to make such information available directly on iPhones and iPads, even though battery health has long been easy to check on Apple&rs...
SAN FRANCISCO (Reuters) - Alphabet Inc launched a new business unit on Wednesday that will sell cyber security software to Fortune 500 companies, the latest move by the parent of Google to become a big player in corporate computing. The new unit, dubbed Chronicle, is betting on the premise that mach...
(Reuters) - Whirlpool Corp’s (WHR.N) revenue growth unexpectedly slowed in the fourth quarter, and the home appliance maker’s full-year profit forecast fell short of market expectations, sending its shares down in trading after the bell on Wednesday. The company’s report comes two ...
(Reuters) - Whirlpool Corp (WHR.N) posted a steep slowdown in sales for the fourth quarter and its full-year profit forecast fell short of market expectations as the home appliances maker struggles with higher costs of raw material such as steel. To offset the higher material costs, Whirlpool had sa...
BRUSSELS (Reuters) - The highest court in the European Union will decide on Thursday whether an Austrian privacy activist can bring a class action lawsuit against Facebook for what he says are illegal violations of the privacy of users. Max Schrems, long a thorn in Facebook’s side, is claiming...
(Reuters) - Home appliances maker Whirlpool Corp on Wednesday posted a quarterly loss, compared with a year-ago profit, hit by a charge of about $420 million related to the U.S. tax reforms. Net loss available to Whirlpool was $268 million, or $3.69 per share, in the fourth quarter ended Dec. 31, co...
WASHINGTON (Reuters) - The chairman of the U.S. Senate Commerce Committee is pursuing different strategies to win approval this year of landmark self-driving car legislation that could make it easier for automakers to get thousands of cars on the road without human controls. Self-driving cars could ...
WASHINGTON (Reuters) - AT&T Inc urged U.S. Congress on Wednesday to write new laws to govern the internet, seeing that as preferable to future regulatory involvement after the Trump administration voted to rescind so-called net neutrality rules late last year. The repeal lifted restrictions that...
SAN FRANCISCO (Reuters) - Alphabet Inc on Tuesday unveiled Chronicle, a cyber security business founded in its X incubation unit in early 2016 that is focusing on developing digital “immune systems” for customers. “The reality for most companies today when it comes to cyber securit...
LONDON (Reuters) - English soccer team Arsenal is entering the cryptocurrency world by signing a deal to promote new digital tokens being sold by an American gaming software company. California-based CashBet said on Wednesday that the Premier League club had agreed to become its “exclusive and...
BERLIN (Reuters) - Germany’s Siemens is preparing for an eventual consolidation of platforms competing to provide businesses with factory software, its digital factory division head said. While digitally enhanced manufacturing is still in its infancy, competition is already fierce, as evidence...
LISBON (Reuters) - Alphabet Inc’s Google will open a new support center for Europe, Middle East and Africa in Portugal this year, Prime Minister Antonio Costa said on Wednesday. In televised remarks from Davos, Switzerland, Costa said the decision by the U.S. technology company would mean the ...
DAVOS, Switzerland (Reuters) - The head of China’s second-biggest e-commerce company, JD.com Inc, accused the United States on Wednesday of practicing “serious” protectionism against Chinese firms and said this would ultimately backfire on the world’s largest economy. “...
WASHINGTON (Reuters) - Fast food company Burger King is taking on the Trump administration’s decision to reverse the landmark 2015 net neutrality rules and making fun of the top U.S. telecommunications regulator in doing so. The Republican-majority Federal Communications Commission voted in De...
(Reuters) - Apple Inc announced changes on Wednesday that make good on its promise to allow users to turn off a controversial feature that slows down iPhones when batteries are running low, although it signaled it might take months more to deliver. Apple confirmed in December that software in its iP...
