SHANGHAI (Reuters) - A senior executive at China’s internet finance body has urged Chinese regulators to create a tougher framework of regulations to support the development of digital currencies amid Beijing’s crackdown on trading on virtual tender such as bitcoin. Chinese regulators ar...

(Reuters) - A sweeping investigation by the city of Portland, Oregon, found that Uber Technologies Inc [UBER.UL] used a software tool to intentionally evade 16 government officials whose job it was to regulate the ride-services company, city officials said on Thursday. When Uber began operating in P...

SHANGHAI (Reuters) - A senior executive at China’s internet finance association has urged Chinese regulators to create a framework of regulations to support the development of digital currencies amid a fierce crackdown on trading on virtual tender such as bitcoin. Li Lihui, a senior official a...

SAN FRANCISCO (Reuters) - Alphabet Inc (GOOGL.O) is in discussions with Lyft Inc about a possible investment in the ride-hailing company, potentially deepening an existing partnership between the two firms, a person familiar with the talks said on Thursday. An injection of support from one of Silico...

SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) this week stopped advertisers from targeting messages to people interested in topics such as “Jew haters” and “how to burn Jews” after journalists inquired about it, the news organization ProPublica reported on Thursday. ProPublic...

(Reuters) - Oracle Corp reported a better-than-expected quarterly profit on Thursday, in the latest indication that the business software maker’s shift to cloud is gaining traction after years-long effort. The company’s shares were down 2.5 percent in after-market trading. They had gaine...

WASHINGTON (Reuters) - Eugene Kaspersky, the co-founder and chief executive of Moscow-based anti-virus firm Kaspersky Lab, said on Thursday he accepted an invitation to testify to U.S. lawmakers later this month over the security of his company’s products, but that he needed an expedited visa ...

(Reuters) - The U.S. Federal Election Commission voted on Thursday to seek public comment on possible regulatory changes after Facebook Inc (FB.O) said that Russians bought ads on the No. 1 social network during the U.S. presidential campaign. Commissioners agreed to accept comment for 30 days on wh...

TORONTO (Reuters) - Facebook Inc (FB.O), under pressure over its role in possible Russian meddling in last year’s U.S. presidential election, said it plans an election integrity initiative to protect Canada’s next vote from cyber threats. Karina Gould, Canada’s minister of democrat...

(Reuters) - Oracle Corp reported a 6.9 percent rise in quarterly revenue, helped by the company’s aggressive push into the cloud. The company’s net income rose to $2.21 billion, or 52 cents per share, in the first quarter ended Aug. 31 from $1.83 billion, or 43 cents per share, a year ea...

WASHINGTON (Reuters) - Eugene Kaspersky, the co-founder and chief executive of Moscow-based anti-virus firm Kaspersky Lab, was invited on Thursday to testify to U.S. lawmakers later this month over the security of its products. The U.S. House of Representatives Science, Space and Technology Committe...

(Reuters) - Three female former employees of Alphabet Inc’s (GOOGL.O) Google filed a lawsuit on Thursday accusing the tech company of discriminating against women in pay and promotions. The proposed class action lawsuit, filed in California state court in San Francisco, comes as Google is faci...

SAN FRANCISCO (Reuters) - Uber has asked a U.S. judge to exclude evidence from an upcoming trade-secrets trial about how a former engineer downloaded thousands of confidential files from Alphabet Inc’s Waymo self-driving car unit before eventually joining Uber. Uber’s request was contain...

Visa and MasterCard are sending confidential alerts to financial institutions across the United States this week, warning them about more than 200,000 credit cards that were stolen in the epic data breach announced last week at big-three credit bureau Equifax. At first glance, the private ...

Visa and MasterCard are sending confidential alerts to financial institutions across the United States this week, warning them about more than 200,000 credit cards that were stolen in the epic data breach announced last week at big-three credit bureau Equifax. At first glance, the private ...

MOSCOW (Reuters) - U.S. action against Kaspersky Lab is designed to undermine the competitive position of Russian firms worldwide and amounts to unfair competition, Kremlin spokesman Dmitry Peskov told reporters on Thursday. Peskov was speaking after the Trump administration on Wednesday told U.S. g...

WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Thursday it was investigating Equifax Inc’s (EFX.N) massive data breach, a rare public confirmation, as a top Democrat suggested the credit-monitoring company’s corporate leaders might need to resign. Senate Democratic Lead...

BEIJING/SHANGHAI/LONDON (Reuters) - Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month. China has boomed as...

WASHINGTON (Reuters) - The Federal Trade Commission said on Thursday it has opened an investigation into the massive data breach at Equifax Inc (EFX.N), in a rare public disclosure that sent shares tumbling to their lowest in more than two years. “The FTC typically does not comment on ongoing ...

LONDON (Reuters) - London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards. Uber, which has faced protests from driv...

FRANKFURT (Reuters) - Facebook’s (FB.O) Chief Operating Officer Sheryl Sandberg went on a charm offensive in Germany on Thursday, telling the country’s powerful automakers that the world’s biggest social network does not want to compete with them. “I come with very good news....

LONDON (Reuters) - London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards. Uber, which has faced protests from driv...

PARIS (Reuters) - French Finance Minister Bruno Le Maire said he expected more EU countries to join in the coming days a French-led push to tighten the taxation of online giants like Google and Amazon. Germany, Italy and Spain have already signed onto a French proposal that digital multinationals su...

HONG KONG (Reuters) - SoftBank Vision Fund, the world’s largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co Ltd, China’s first internet-only insurer, IFR reported on Thursday, ...

(Reuters) - Google plans to introduce a localized digital payment service in India as early as next week, technology website TechCrunch reported, citing a report from news site The Ken. The payment service, called Google 'Tez', will offer payment options beyond the existing ones like Google Wallet o...

TOKYO (Reuters) - Toshiba Corp (6502.T) said its business partner Western Digital Corp (WDC.O) had been “persistently” overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale. The stateme...

TOKYO (Reuters) - Toshiba Corp (6502.T) said business partner Western Digital Corp (WDC.O) overstated its rights over a chip business unit that the Japanese conglomerate was trying to sell, showing the two sides remained at loggerheads over the $18 billion auction. Toshiba said on Wednesday that it ...

(Reuters) - Credit reporting company Equifax Inc blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers. The massive data breach had exposed valuable information to hac...

NEW YORK/WASHINGTON (Reuters) - Nearly 40 states have joined a probe of Equifax Inc’s (EFX.N) handling of a massive data breach that exposed valuable information on up to 143 million Americans and sent shares of the credit reporting company tumbling. Congress is also probing the hack, and Equi...

(Reuters) - Nearly 40 states have joined a probe of Equifax’s handling of a massive data breach that exposed valuable information on up to 143 million Americans, according to the Illinois attorney general’s office, which is leading the probe. Eileen Boyce, a spokeswoman for Illinois Atto...