MTN in talks with Nigeria regulator to cut $3.9 billion fine and plan payment: Buhari

ABUJA (Reuters) - South African telecoms company MTN is in talks with Nigeria's telecoms regulator to reduce a $3.9 billion fine for failing to disconnect unregistered sim cards, and to arrange gradual payment, President Muhammadu Buhari said on Tuesday.

Orange needs invite from Bollore to look into Telecom Italia tie-up

CAIRO (Reuters) - Orange Chief Executive Officer Stephane Richard said he would look into the possibility of merging with Telecom Italia if French billionaire Vincent Bollore invited him to.

Aldi UK expands online product range

LONDON (Reuters) - German discount retailer Aldi [ALDIEI.UL] said on Tuesday it is expanding the range of products available on its British website for home delivery by adding non-food items such as electrical goods and garden tools.

China says 'resolutely opposed' to U.S. export restrictions on ZTE

The ZTE company logo is seen as a guest delivers a speech during the company's 15th anniversary celebration in Beijing April 18, 2013. Reuters/Barry Huang New export restrictions against China's ZTE Corp (000063.SZ) for alleged Iran sanctions violations drew fire from the Chinese government, which s...

Continue reading

Orbital eyes first customer for in-space satellite servicing

Orbital ATK Inc on Monday said it hopes to announce within the next six to eight weeks its first contract for a new "in space" service aimed at extending the life and uses of aging commercial satellites in geosynchronous orbit. Tom Wilson, vice president of strategy and business development at Orbit...

Continue reading

Twitter praised for cracking down on use by Islamic State

A 3D printed logo of Twitter and an Islamic State flag are seen in this picture illustration taken February 18, 2016. Reuters/Dado Ruvic/Illustration Officials with the nonprofit Simon Wiesenthal Center praised Twitter Inc on Monday for increasing efforts to thwart Islamic State's use of its platfor...

Continue reading

Justice Department asks for higher judge to hear New York iPhone case

A man displays a protest message on his iPhone at a small rally in support of Apple's refusal to help the FBI access the cell phone of a gunman involved in the killings of 14 people in San Bernardino, in Santa Monica, California, United States, February 23, 2016. Reuters/Lucy Nicholson The U.S. Just...

Continue reading

Microsoft takes on Oracle, opening up database software to Linux

A Microsoft logo is seen at a pop-up site for the new Windows 10 operating system at Roosevelt Field in Garden City, New York July 29, 2015. Reuters/Shannon Stapleton Microsoft Corp (MSFT.O) planned on Monday to announce its move into a new business, unveiling a database software that works with a r...

Continue reading

New York Fed denies systems breach after Bangladesh claim

The corner stone of The New York Federal Reserve Bank is seen in New York's financial district March 25, 2015. Reuters/Brendan McDermid The Federal Reserve Bank of New York denied that its payments systems were breached after Bangladesh's central bank said earlier on Monday that its U.S. account had...

Continue reading

Alibaba's Ant Financial could be valued at nearly $60 billion: source

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round...

Continue reading

Online retailer Yoox Net-a-Porter adopts IBM software

Yoox Net-A-Porter Group placard is seen in Bologna, Italy, March 1, 2016. Reuters/Stefano Rellandini Online fashion retailer Yoox Net-a-Porter said on Monday it would adopt IBM's software to manage orders, replacing technology developed by Yoox and Net-a-Porter prior to their merger in October. Adop...

Continue reading

Symphony financial messaging set for wide rollout this year - Goldman

The Wall Street bull statue is pictured in the Manhattan Borough of New York, December 23, 2014. Reuters/Carlo Allegri Symphony, the WhatsApp for the financial world, will significantly increase its user base this year at major institutions including a top asset manager, shareholder Goldman Sachs (G...

Continue reading

Viacom CEO says he expects to renew deal with Dish next quarter

Philippe Dauman, president and CEO of Viacom, speaks at the Reuters Global Media Summit in New York December 2, 2010. Reuters/Brendan McDermid Viacom (VIAB.O) CEO Philippe Dauman said on Monday that he expects to renew its contract with Dish Network Corp (DISH.O) next quarter. "I am very confident w...

Continue reading

German regulator well suited to investigate Facebook: EU's Vestager

BRUSSELS (Reuters) - Germany, which launched an investigation into social network Facebook last week, is well placed to handle the case, Europe's antitrust chief said on Monday.

Verizon Wireless to pay $1.35 million fine to settle U.S. privacy probe

People pass by a Verizon store at 100 Wall St. in New York's financial district May 12, 2015. Reuters/Brendan McDermid Verizon Communications Inc will pay a $1.35 million fine and agreed to a three-year consent decree after the Federal Communications Commission said on Monday it found the company's ...

Continue reading

News Corp CEO to meet EU antitrust chief, Google in focus

BRUSSELS - News Corp's chief executive will meet the EU antitrust chief this week, the company said on Monday, with the focus expected to be on the EU's investigation into whether Internet search engine Google abused its dominance. CEO Robert Thomson will meet European Competition Commissioner Margr...

Continue reading

Bangladesh central bank says U.S. account hacked, recovers some funds

Bangladesh's central bank said on Monday its U.S. account had been hacked and money had been stolen from it, but that it had recovered some of the funds. Bangladesh Bank said it had traced some of the money to the Philippines and was working with anti-money laundering authorities there. The bank did...

Continue reading

U.S. Supreme Court rejects Apple e-books appeal

A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai March 16, 2012. Reuters/Aly Song The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, m...

Continue reading

SoftBank announces reorganization to boost investor confidence

SoftBank Group Corp Chairman and CEO Masayoshi Son attends a news conference in Tokyo, Japan, November 4, 2015. Reuters/Toru Hanai Japan's Softbank Group Corp (9984.T) plans to separate its domestic and overseas businesses and give them their own chief executives in its latest move to bolster shareh...

Continue reading

T-Mobile US secures $2 billion boost ahead of spectrum auction

People pass by a T-Mobile store in the Brooklyn borough of New York June 4, 2015. Reuters/Brendan McDermid T-Mobile US (TMUS.O) said it can issue $2 billion in senior notes and sell them to its 65-percent shareholder Deutsche Telekom (DTEGn.DE), giving a potential boost to its financial firepower ah...

Continue reading