Australian markets operator ASX Ltd said on Wednesday it was exercising an option to lift its stake in U.S. blockchain developer Digital Asset Holdings, stepping up its interest a technology that backers say can ease information tracking and reduce transaction settlement times. ASX said it would pay...
Shop employees of SoftBank Corp work outside its branch in Tokyo, Japan, August 6, 2015. Reuters/Yuya Shino/File Photo SoftBank Group Corp (9984.T) said Wednesday that Ken Miyauchi, head of the group's Japanese telecommunications operations, would become president and chief operating officer to repl...
Communications software provider Twilio Inc is expected to price its $140 million U.S. initial public offering on Wednesday, a rare technology stock market debut, one day before Britain holds a referendum on its European Union membership. Twilio's software is used by large companies such as car-hail...
SoftBank Group investors shrugged off on Wednesday the surprise departure of the heir apparent at the Japanese internet and telecoms conglomerate, welcoming founder Masayoshi Son's decision to stay in the top seat for longer. Nikesh Arora, a former Google executive, joined Softbank in 2014 and was n...
China's internet regulator has launched a new campaign to clean up the comments sections on websites to prevent the spread of what it calls harmful information and to encourage what it considers more helpful, well-intentioned comments to appear. The Chinese government already exercises widespread co...
Moscow on Tuesday signed an agreement with Los Angeles-based company Hyperloop One to explore building a futuristic, high-speed transportation system known as a Hyperloop in the Russian capital. A Hyperloop involves using magnets to levitate pods inside an airless tube, creating conditions in which ...
Smartphone leader Samsung Electronics (005930.KS) has for years been a spectator as Apple (AAPL.O) built a services "ecosystem" supporting its products. But now, as the two develop the market for mobile payments, the Korean tech giant is taking the fight to its U.S. archrival. For Apple, offering us...
A Tesla logo hang on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson Electric car maker Tesla Motors Inc (TSLA.O) said it had made an offer to acquire solar panel maker SolarCity Corp (SCTY.O) in an all-stock deal. Tesla said it offered $26.50-28.50 ...
The Faraday Future FFZERO1 electric concept car is shown after an unveiling at a news conference in Las Vegas, Nevada January 4, 2016. Reuters/Steve Marcus Faraday Future plans to begin testing prototype self-driving electric vehicles on California roads later this year after winning approval from t...
A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic Facebook Inc has signed deals worth more than $50 million with media companies and celebrities to create videos for its live-streaming service, the Wall S...
Adobe company logos are seen in this picture illustration taken in Vienna July 9, 2013. Reuters/Leonhard Foeger/File Photo Photoshop maker Adobe Systems Inc forecast third-quarter revenue largely below analysts' estimates, sending the company's shares down 4.5 percent after the bell on Tuesday. Adob...
Ride service Uber is close to settling a class-action lawsuit over allegations it misled customers on how it shares gratuities with drivers, according to a court filing on Tuesday. Uber and attorneys for customers said in a joint filing that they intend to finalize a formal settlement in "approximat...
Campaign signs concerning a municipal vote over fingerprint requirements for ride-hailing companies such as Uber and Lyft are seen along a roadway in Austin, Texas, May 6, 2016. Reuters/Jon Herskovitz/File Photo About a half dozen ride-hailing firms have rushed into Texas tech hub Austin after marke...
The Obama administration unveiled new rules Tuesday that will allow for low-level drone flights, but only within sight of an operator and not over people. Drones under the regulation must weigh less than 55 pounds (25 kg) and fly up to 400 feet (122 m) high and 100 miles per hour (161 km per hour), ...
A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration Twitter, known for its 140-character limit on tweets, is now allowing users to post longer videos - of up to 140 seconds. The microblogging s...
The company logo is displayed at the Samsung news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013. Reuters/Rick Wilking/File Photo - RTSGH9W Samsung Electronics Co Ltd (005930.KS), the world's top smartphone maker, said on Tuesday it plans to invest about $1.2 billion ...
A screen displays the Instagram logo during a presentation in New York December 12, 2013. Reuters/Lucas Jackson Instagram now boasts more than 500 million users, more than 80 percent of whom are outside the United States, the company said on Tuesday, in a sign of the photo-sharing app's rapidly grow...
Intent Media, a privately held company that provides advertising tools for online travel agencies such as Expedia, is buying software startup Voyat in a bid to take travel ad dollars from search giants such as Alphabet Inc's Google, the companies said on Tuesday. Intent Media, whose investors includ...
China's biggest gaming and social network company Tencent Holdings said on Tuesday it will buy most of Finnish mobile gaming firm Supercell from SoftBank Group Corp and other shareholders in a deal valued at roughly $8.6 billion. Tencent will, over three installments, acquire about 84.3 percent of S...
Protesters from the Anonymous India group of hackers wear Guy Fawkes masks as they protest against laws they say gives the government control over censorship of internet usage in Mumbai, June 9, 2012. Reuters/Vivek Prakash At least a dozen countries are considering or have enacted laws restricting o...
