South Korea special prosecutor: President Park colluded with friend to receive Samsung bribe

SEOUL (Reuters) - South Korea's President Park Geun-hye colluded with her friend Choi Soon-sil to receive bribes from Samsung Group, which was aimed to cement Samsung Chief Jay Y. Lee's control of the company, a special prosecutor said in a statement on Monday.

Xerox shares look cheap even with stock's 2017 jump: Barron's

NEW YORK (Reuters) - Armed with a hefty dividend, Xerox Corp shares look cheap even as they have shot up this year following the company's spin-off of its business processing business, according to an article in Barron's.

Uber used secret tool to deceive authorities: NY Times

(Reuters) - Ride hailing company Uber Technologies Inc [UBER.UL] has for years used a secret tool to deceive the authorities in markets where its service faced resistance by law enforcement or was banned, the New York Times reported, citing sources.

Answers Corp files for bankruptcy to cut $471 million in debt

(Reuters) - Answers Corp [AFCVHA.UL], which owns the Answers.com and Multiply websites, filed for Chapter 11 bankruptcy on Friday with a plan to swap ownership of the company to creditors who are owed about $540 million, according to court documents.

Bitcoin hits all-time high as talk of U.S. ETF approval intensifies

NEW YORK (Reuters) - Digital currency bitcoin hit a record high on Friday on optimism about the approval of the first U.S. bitcoin exchange-traded fund by the Securities and Exchange Commission.

Impostor scams surpass ID theft among U.S. consumer complaints: FTC

(Reuters) - More U.S. consumers complained about imposter scams than identity theft for the first time in 2016, as fraudsters relied more on the phone and less on email to find victims, the Federal Trade Commission said on Friday.

Fed's Powell warns of digital currency's risks

NEW HAVEN, Conn. (Reuters) - A top U.S. Federal Reserve official on Friday raised caution about central banks issuing digital currencies as they are vulnerable to cyber attacks and criminal activities along with privacy issues that still need to be addressed.

Brazil's fast-growing fintechs form groups to discuss regulation

SAO PAULO (Reuters) - Financial technology firms in Brazil are grouping to discuss with local watchdogs how to regulate the fast-growing sector, in which the number of players has risen roughly six-fold over the past couple of years.

Hyperledger nears release of its first production-ready blockchain

NEW YORK (Reuters) - The Hyperledger project, a cross-industry open source blockchain group led by the Linux Foundation, plans to release its first production-ready distributed ledger code base by the end of the month, as projects involving the nascent technology begin to mature.

UK government 'minded' to refer Fox's Sky deal to regulator

LONDON (Reuters) - The British government said on Friday it was inclined to investigate Rupert Murdoch's planned takeover of Sky to see whether it was in the public interest, the first step of what is likely to be a politically charged process.

NBCUniversal invested $500 million in Snap Inc as part of IPO

(Reuters) - Comcast Corp's NBCUniversal said on Friday it had invested $500 million in Snap Inc as it continues to spend heavily on digital media companies.

Murdoch's Fox seeks EU okay for $14.4 billion Sky takeover bid

BRUSSELS (Reuters) - Rupert Murdoch's Twenty-First Century Fox has asked EU antitrust regulators to approve its $14.4 billion takeover bid for European pay-TV company Sky, a filing on the European Commission showed on Friday.

Taxi app Uber loses UK court battle which could cost it London drivers

LONDON (Reuters) - Taxi app Uber [UBER.UL] lost a court battle on Friday to stop a London regulator from forcing private hire drivers to prove their reading and writing skills in English, the latest setback for the firm in London which could now lose some workers.

India's Paytm E-Commerce raises $200 million from Alibaba, SAIF Partners

MUMBAI (Reuters) - India's Paytm E-Commerce Pvt Ltd has raised $200 million from China's Alibaba Group Holding and venture capital fund SAIF Partners to expand its online retail business in a market dominated by homegrown Flipkart and U.S. tech giant Amazon.

South Korea court to begin trial of Samsung chief on March 9

SEOUL (Reuters) - A South Korean court will on March 9 hold its first hearing in the trial of Samsung Group leader Jay Y. Lee, who faces charges of bribery as part of a corruption scandal that has rocked the country, a court indicated on Friday.

Spotify says it reaches 50 million paid subscribers

(Reuters) - Spotify said on Thursday it has reached 50 million paid subscribers, growing 25 percent in less than six months and extending the Swedish music streaming service's lead over its closest rival, Apple Music.

Uber says to seek permit to restart self-driving pilot in California

SAN FRANCISCO (Reuters) - Uber Technologies Inc said on Thursday it plans to comply with California regulations and seek permits to put its self-driving cars back on the state's roads, an about-face following the company's legal spat with state officials in December.

Snap HQ spoils community, Venice Beach protesters say

LOS ANGELES (Reuters) - As shares of California-based Snap Inc began trading on the New York Stock Exchange on Thursday, two dozen residents of the company's adopted home of Venice Beach protested outside its offices, accusing the growing tech company of spoiling their seaside community.

BlackBerry's M&A head Mackey says left company in February

TORONTO (Reuters) - Jim Mackey, the head of corporate development and strategy at BlackBerry Ltd, left the company in mid-February, he told Reuters on Thursday.

Amazon deepens university ties in artificial intelligence race

SAN FRANCISCO (Reuters) - Amazon.com Inc has launched a new program to help students build capabilities into its voice-controlled assistant Alexa, the company told Reuters, the latest move by a technology firm to nurture ideas and talent in artificial intelligence research.