Payments start-up Circle moves away from bitcoin business

NEW YORK (Reuters) - U.S.-based Circle Internet Financial Ltd, a social payments app backed by Goldman Sachs, said on Wednesday it will no longer allow customers to buy and sell bitcoin because it has failed to become a meaningful part of its business.

Turner will create shows for Snapchat in expanded partnership

(Reuters) - Turner Broadcasting System Inc will create more video content for mobile app Snapchat and collaborate with the social media company on advertising, Turner said on Wednesday, as they expand a partnership to broaden their reach among millennials.

Digital Asset says blockchain platform allows confidential trades

(Reuters) - Digital Asset Holdings, a blockchain startup backed by some of the world’s largest banks, said on Wednesday it had developed a platform to allow traders to use blockchain technology without giving out confidential information on their trades.

AT&T touts Time Warner merger at Senate hearing

WASHINGTON (Reuters) - AT&T Inc Chief Executive Officer Randall Stephenson told U.S. lawmakers on Wednesday that his company's planned $85.4 billion acquisition of Time Warner Inc would increase innovation, bring "better-priced options" to consumers

Suspects arrested in Russia central bank cyberheist: bank official

MOSCOW (Reuters) - Russian authorities arrested a large number of suspects in May in connection with the recently revealed electronic theft of $19 million from accounts held at the Russian central bank, an official said on Wednesday.

Information glut no problem for most Americans: survey

WASHINGTON (Reuters) - Most Americans do not see "information overload" as a problem for them despite the explosion of internet data and images, according to a Pew Research Center survey on Wednesday.

Sprint to partner with Pokemon Go developer

(Reuters) - Sprint Corp said on Wednesday it would partner with the developer of Pokemon Go, Niantic Inc, in a bid to pull fans of the wildly popular location-based game into more than 10,500 of its stores in the United States.

Fitbit buys smartwatch maker Pebble's software assets

(Reuters) - Wearable device maker Fitbit Inc said on Wednesday that it had bought smartwatch maker Pebble's software and intellectual property.

FIS to sell public sector, education unit to Vista Equity for $850 million

(Reuters) - Software maker Fidelity National Information Services Inc (FIS) is to sell its SunGard Public Sector and Education unit to Vista Equity Partners for $850 million to focus on making software for the financial industry.

Merkel ally threatens Facebook with fines over online hate speech

ESSEN, Germany (Reuters) - A senior German conservative has warned Facebook it could face fines if it fails to act faster to tackle online hate speech, and he said the government could propose legislative measures in the new year.

Sony's PlayStation 4 sales top 50 million units worldwide

TOKYO (Reuters) - Sony Corp said on Wednesday sales of its PlayStation 4 video game console had exceeded 50 million units as of Dec 6 helped by strong demand during the year-end holiday season.

GoDaddy’s HEG buyout backed with $1.91 billion of loans

LONDON (Reuters) - US-based website domain name provider GoDaddy’s €1.69bn ($1.81 billion) acquisition of peer Host Europe Group will be backed with $1.907bn of loans, the company said.

S&T CEO says full takeover by Foxconn possible: magazine

FRANKFURT (Reuters) - Taiwan's Foxconn, the world's largest contract electronics manufacturer, could take over Austrian IT group S&T AG, S&T's chief executive told a German magazine.

From smart toothbrushes to cancer, Philips bets big on software

LONDON (Reuters) - These days the average researcher at Philips is more likely to be a software developer than an product engineer, reflecting a transformation at the former Dutch conglomerate that its chief executive says will gather pace.

Cab-hailing company Careem launches women drivers in conservative Pakistan

KARACHI/LAHORE, Pakistan (Reuters) - Taxi-hailing service Careem introduced women drivers in Pakistan on Wednesday, a rare initiative in a deeply conservative Muslim country where women account for only 22 percent of the workforce.

Sony to release as many as six mobile phone games next year

TOKYO (Reuters) - Sony Corp will release as many as six smartphone games in the financial year starting April in the hope of replicating the success of console rival Nintendo Co's Pokemon GO with its own gaming franchises.

New Zealand passport robot tells applicant of Asian descent to open eyes

SYDNEY (Reuters) - A New Zealand man of Asian descent had his passport photograph rejected when facial recognition software mistakenly registered his eyes as being closed.

UK's Sage says may sell North American payments business

LONDON (Reuters) - British software company Sage Group is evaluating potential strategic options for its North American payments business, including a sale, it said on Wednesday.

Apple says iPhone 6 battery fires in China likely caused by external factors

BEIJING (Reuters) - Apple Inc said external factors were the likely cause of iPhone 6 battery fires detailed in a Chinese consumer protection report that featured widely in state media earlier this week and created a buzz on social media.

New TD Ameritrade CEO Hockey to boost tech spend by 25 percent

NEW YORK (Reuters) - TD Ameritrade Holding Corp is boosting its technology spending by around 25 percent in an effort to increase the speed and scope of technological innovation at the No. 1 online broker by trading volume, its chief executive officer said on Tuesday.