After bitcoin’s wild week, traders brace for futures launch

NEW YORK (Reuters) - The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading. FILE PHOTO: A Bitcoin ATM is seen at the Bitcoin Center NYC in New York C...

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Apple in talks to acquire music identification app Shazam: source

SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an audio source, according to a person familiar with the situation. FILE PHOTO - A man looks at the screen of his mobile phone in front o...

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Apple's Ive returns to helm of design teams

(Reuters) - Apple Inc Chief Design Officer Jony Ive is returning to day-to-day management of the company’s design teams after handing off managerial duties two years ago to focus on other projects, Apple told Reuters on Friday. FILE PHOTO - Apple CEO Tim Cook (R) plays with an iPhone as Jonath...

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#NoRussiaNoGames: Twitter 'bots' boost Russian backlash against Olympic ban

MOSCOW (Reuters) - What began as a grassroots online campaign featuring a schoolboy has grown into a mass hashtag protest against Russia’s exclusion from the Winter Olympics - backed by what appear to be fake Twitter accounts and users connected to past pro-Kremlin causes. FILE PHOTO: A 3D-pri...

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Spotify and Tencent Music to buy stakes in each other

STOCKHOLM (Reuters) - Music streaming company Spotify and the music arm of China’s Tencent Holdings Ltd will buy minority stakes in each other ahead of the Swedish firm’s expected stock market listing next year, the companies said on Friday. FILE PHOTO: Headphones are seen in front of a ...

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NiceHash says attacked probably from non-EU IP address

LJUBLJANA (Reuters) - A Slovenian cryptocurrency mining marketplace, NiceHash, which lost about $64 million worth of bitcoin in a hack on its payment system on Wednesday, said the attack was probably made from a non-EU IP address. A notice announcing that service is unavailable is displayed on the w...

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Ericsson may make Digital goodwill impairment after revamp

STOCKHOLM (Reuters) - Ericsson said on Friday it may have to book a goodwill impairment in its struggling digital services and media businesses, potentially hitting the Swedish mobile network equipment maker’s operating income but not its cashflow. FILE PHOTO: Ericsson's flag is seen at the co...

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Toshiba, Western Digital aiming to settle chip dispute next week: sources

TOKYO (Reuters) - Toshiba Corp (6502.T) and Western Digital Corp (WDC.O) have agreed in principle to settle a dispute over the Japanese firm’s plans to sell its $18 billion chip unit and aim to have a final agreement in place next week, sources familiar with the matter said. FILE PHOTO: A logo...

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SoftBank to invest $300 million in food delivery firm DoorDash: Recode

(Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo Th...

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Toshiba, Western Digital agree in principle to settle chip dispute: sources

TOKYO (Reuters) - Toshiba Corp (6502.T) and business partner Western Digital Corp (WDC.O) have agreed in principle to settle a dispute over the embattled Japanese conglomerate’s plans to sell its $18 billion chip unit, sources with direct knowledge of the talks said. FILE PHOTO: A logo of Tosh...

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Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages

DHAKA (Reuters) - Bangladesh’s central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world’s biggest cyber-heists, several sources said. FILE PHOTO: Commuters pass by the front of the Banglades...

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YouTube to launch music subscription service next year: Bloomberg

(Reuters) - Alphabet Inc’s (GOOGL.O) YouTube plans to introduce a paid music streaming service in March, Bloomberg reported on Thursday, citing people familiar with the matter. FILE PHOTO: A 3D-printed YouTube icon is seen in front of a displayed YouTube logo in this illustration taken October...

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Alibaba redraws retail fault lines with bricks-and-mortar push

HANGZHOU, China (Reuters) - In a small village shop near the eastern Chinese city of Hangzhou, store owner Lu Qiwei uses his smartphone to place orders to refill stocks of instant noodles, rice and drinks. FILE PHOTO: A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuz...

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Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year - sources

MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China’s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans. FILE PHOTO - A woman walks past Didi Chuxing's booth at the Global Mobile Inter...

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AT&T/Time Warner antitrust trial set for March

WASHINGTON (Reuters) - The trial to determine if the U.S. Department of Justice can stop AT&T Inc’s $85 billion purchase of media company Time Warner Inc will begin on March 19. FILE PHOTO - The AT&T logo is pictured during the Forbes Forum 2017 in Mexico City, Mexico, September 18, 20...

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France's Ubisoft delays three releases, back catalog sales remain strong

(Reuters) - French video game producer Ubisoft (UBIP.PA) said on Thursday it was delaying the release of three games and lowering its 2017/18 sales goals while raising its targeted profit margin. FILE PHOTO - The Ubisoft booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, Cal...

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Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks

(Reuters) - Budweiser beer maker Anheuser-Busch has reserved 40 of Tesla Inc’s all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the brewer said on Thursday. FILE PHOTO - Tesla's new electric semi truck is unveiled during a presentation in Hawthorne, California, ...

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Instagram testing standalone Direct messaging app

(Reuters) - Facebook Inc’s Instagram said on Thursday it was testing a standalone messaging app called Direct, making it the company’s third chat tool alongside its hugely popular WhatsApp and Messenger. The Instagram application is seen on a phone screen August 3, 2017. REUTERS/Thomas W...

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Silicon Valley meets 'Flash Boys' on new corporate listings program

NEW YORK (Reuters) - A new would-be stock exchange based in Silicon Valley is teaming up with IEX Group, the newest U.S. stock exchange and focus of author Michael Lewis’s book, “Flash Boys: A Wall Street Revolt,” on a corporate listings program, the company said on Thursday. The L...

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EU to intervene in Microsoft's U.S. Supreme Court data protection case

BRUSSELS (Reuters) - The European Union is to make a submission to the U.S. Supreme Court in its hearing of the U.S. Department of Justice’s appeal against a ruling which prevented prosecutors from gaining access to emails held by Microsoft in Ireland. The Microsoft logo is shown on an electri...

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Key to Pandora's turnaround: a better advertising platform

(Reuters) - Kevin Kleinman, a trader at Watchhimtrade.com, listens to music on Pandora every morning as he executes trades worth millions of dollars. But he will not bet a dime on the music streaming company. A person holds a smart phone with the Pandora app showing in New York U.S., June 9, 2017. R...

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Apple suppliers gain after Broadcom hint on iPhone

(Reuters) - Shares in Skyworks Solutions Inc (SWKS.O), Cirrus Logic Inc (CRUS.O), and Qorvo Inc traded higher on Thursday after fellow Apple supplier Broadcom Ltd (AVGO.O) hinted the late launch of iPhone X would help revenue rise. Apple iPhone X samples are displayed during a product launch event i...

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BlackBerry, Qualcomm expand partnership to connected automotive

(Reuters) - BlackBerry Ltd (BB.TO) said on Thursday it would partner with Qualcomm Inc (QCOM.O) to use the chipmaker’s hardware platform to expand in the fast-growing connected automotive industry. A banner for BlackBerry Ltd hangs to celebrate the company's transfer trading to the New York St...

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German SPD leader takes aim at U.S. tech giants

BERLIN (Reuters) - The leader of Germany’s Social Democrats (SPD) took aim at U.S. technology firms Apple, Facebook and Google on Thursday, saying a strong Europe was needed to make sure they stick to the rules. Social Democratic Party (SPD) leader Martin Schulz walks onto a podium during an S...

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Ant Financial's Yu'e Bao caps daily investment at $3,000

BEIJING (Reuters) - Ant Financial’s money market fund will cap the daily amount users can invest at 20,000 yuan ($3,000) from Friday, said Tianhong Asset Management Co Ltd, which manages the fund. FILE PHOTO - A logo of Ant Financial is displayed at the Ant Financial event in Hong Kong, China ...

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AT&T/Time Warner antitrust hearing to focus on trial date

WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc (T.N) will meet in court for the first time on Thursday as the antitrust regulator attempts to stop the U.S. No. 2 wireless company’s $85 billion purchase of media company Time Warner Inc (TWX.N). FILE PHOTO - An AT&T l...

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Exclusive: Uber paid 20-year-old Florida man to keep data breach secret - sources

SAN FRANCISCO/WASHINGTON (Reuters) - A 20-year-old Florida man was responsible for the large data breach at Uber Technologies Inc last year and was paid by Uber to destroy the data through a so-called “bug bounty” program normally used to identify small code vulnerabilities, three people...

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Qualcomm adds security, battery life features to phone chips

(Reuters) - Qualcomm Inc on Wednesday revealed new security and battery life features on its latest Snapdragon 845 mobile phone processor, a chip that customarily powers high-end Android-based phones from Samsung Electronics Co Ltd and others. FILE PHOTO - A sign on the Qualcomm campus is seen in Sa...

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EU urges internet companies to do more to remove extremist content

(Reuters) - Internet groups such as Facebook (FB.O), Google’s YouTube (GOOGL.O) and Twitter (TWTR.N) need to do more to stem the proliferation of extremist content on their platforms, the European Commission said after a meeting on Wednesday. FILE PHOTO - A picture illustration shows a Faceboo...

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Some U.S. truckers ask Trump to tap brakes on electronic logs

WASHINGTON (Reuters) - Many independent U.S. truckers are pushing President Donald Trump to back his anti-regulatory rhetoric by delaying an Obama-era rule requiring electronic monitors in trucks, a measure some drivers fear could put them out of business due to extra costs. FILE PHOTO: A transport ...

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