NEW YORK (Reuters) - Facebook Inc has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources ...
Exclusive: Wannacry hits Russian postal service, exposes wider security shortcomings
MOSCOW (Reuters) - Russia's postal service was hit by Wannacry ransomware last week and some of its computers are still down, three employees in Moscow said, the latest sign of weaknesses that have made the country a major victim of the global extortion campaign.
Bitcoin soars above $2,400 to all-time high
(Reuters) - Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.
Germany says makes progress with China on electric car quotas
BEIJING (Reuters) - Germany has made good progress with China on how to introduce quotas aimed at producing more electric vehicles, Foreign Minister Sigmar Gabriel said on Wednesday, adding that more details needed to be worked out.
Transaction app Alipay launches first non-yuan version in Hong Kong
HONG KONG (Reuters) - Chinese online and mobile payment platform Alipay on Wednesday launched in Hong Kong its first app to handle transactions not denominated in the yuan currency, moving closer to its ambition of widening currency payment options.
Israel takes on UberNight in latest legal battle for Uber
JERUSALEM (Reuters) - Uber faces a legal challenge in Israel, adding to the list of places where it is under scrutiny, after the country alleged unauthorized drivers were illegally paid using its network for a new car pooling app the company is piloting.
Japan's SoftBank to appoint heads of overseas units as board members
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday it plans to appoint heads of key overseas subsidiaries to the group's board of directors, as the Japanese firm's business focus moves away from its domestic market.
Microsoft to buy cyber security firm Hexadite for $100 million: report
JERUSALEM (Reuters) - Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday.
Dubai's Emaar buys Namshi stake after Amazon buys Souq.com
DUBAI/FRANKFURT (Reuters) - Dubai's Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Germany's Rocket Internet for $151 million as competition for technology deals heats up in the Middle East.
'Clash of Clans' maker Supercell buys majority stake in UK's Space Ape
HELSINKI (Reuters) - Finnish mobile game maker Supercell has acquired a majority stake in London-based game studio Space Ape, the British company said on its website.
Battle hardened eastern European tech entrepreneurs draw global interest
PRAGUE (Reuters) - Tech entrepreneurs in central and southeastern European, many of whom already have experience of launching their own businesses, are now having more success at enticing global investors the second time around.
India's electric vehicles push likely to benefit Chinese car makers
NEW DELHI (Reuters) - India's ambitious plan to push electric vehicles at the expense of other technologies could benefit Chinese car makers seeking to enter the market, but is worrying established automakers in the country who have so far focused on making hybrid models.
Brazil appeals court rules Uber driver not entitled to benefits
SAO PAULO (Reuters) - A Brazil appeals court on Tuesday ruled that a driver working for Uber via its ride-hailing app is not an employee of the San Francisco-based company and therefore not entitled to workers' benefits, overturning an earlier lower court decision.
Wearable tech latest must-have for China's proud pet owners
HONG KONG (Reuters) - Electronic device makers such as Hong Kong-listed SUGA and other start-ups are looking to cash-in on a boom in China in so-called pet wearables, like smart collars, leashes and feeders.
Patent plaintiffs see way around U.S. Supreme Court ruling
(Reuters) - Corporations are cheering a U.S. Supreme Court decision limiting where they can be sued for patent infringement, but some intellectual property lawyers say loopholes in the ruling likely mean lawsuits will continue to be filed in plaintiff-friendly jurisdictions.
Uber inadvertently underpaid New York City drivers for over two years
(Reuters) - Uber Technologies Inc [UBER.UL] said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars.
BlackBerry shares jump on hopes for growth in security, auto markets
TORONTO (Reuters) - BlackBerry Ltd's Toronto-listed shares surged 8.5 percent on Tuesday as investors raised expectations that the technology company's cyber security and automotive software will post strong growth, an analyst said.
EU states approve plans to make social media firms tackle hate speech
BRUSSELS (Reuters) - European Union ministers approved plans on Tuesday to make social media companies such as Facebook, Twitter and Google's YouTube tackle hate speech on their platforms, the first legislation at EU level on the issue.
Delivery Hero set to list before summer break: sources
BERLIN (Reuters) - Online food takeaway firm Delivery Hero is set to float before the summer break in a deal valuing one of Europe's biggest start-ups at up to 4 billion euros ($4.5 billion), people close to the matter said on Tuesday.
Altice explores entry into U.S. wireless business: executive
NEW YORK (Reuters) - Altice USA, the cable operator that arose from Netherlands-based Altice NV's acquisitions of Cablevision Systems Corp and Suddenlink Communications, is exploring ways to enter the wireless business as rival cable companies prepare their own mobile services, its chief executive s...
Fidelity to allow clients to see digital currencies on website
NEW YORK (Reuters) - Fidelity Investments will allow its clients to see their holdings of bitcoin and other virtual currencies held on digital asset exchange Coinbase on the company's website, said Chief Executive Abigail Johnson on Tuesday.
BofA, HSBC, Intel, others invest $107 million in blockchain startup R3
NEW YORK (Reuters) - Financial and technology companies led by Bank of America Corp , SBI Holdings Inc , HSBC Holdings Plc , Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday.
Telecoms giant Huawei enters PC market, battling Lenovo, HP, Dell
FRANKFURT (Reuters) - Chinese network and smartphone giant Huawei [HWT.UL] said on Tuesday it plans a global expansion into computers, posing a fresh challenge to established PC players in a market that has suffered from two years of steady sales volume declines.
Expedia begins offering online booking for hotels in Cuba
HAVANA (Reuters) - U.S. online travel services company Expedia said on Tuesday it had started offering online booking for hotels in Communist-run Cuba, hoping to capitalize on a boom in tourism to the Caribbean island.
Take-Two's full-year revenue forecast hit by delay of 'Red Dead' game
(Reuters) - Take-Two Interactive Software Inc on Tuesday forecast full-year revenue well below analysts' estimates as it pushed out the launch of its highly anticipated Western action-adventure "Red Dead" videogame to spring 2018 from fall 2017.
Online insurer Fabric launches life coverage for New York parents
(Reuters) - Fabric, a web-based insurance agency that promises new parents accidental death coverage in two minutes, opened for business in New York on Tuesday following the state's approval of its key product, the company said.
Altice to group all operations under a single brand by mid-2018
PARIS (Reuters) - Telecoms and cable holding company Altice will group all its operations under its current name by mid-2018, including its French unit SFR Group, which has lost customers and suffered from poor brand perception lately.
Apple in talks to expand India production capacity: minister
NEW DELHI (Reuters) - Apple Inc wants to expand its contract manufacturer's facility in the southern Indian tech hub of Bengaluru, a federal minister said on Tuesday, as the iPhone maker seeks a bigger share in one of the world's biggest smartphone markets.
Huawei narrows gap with Samsung, Apple in smartphone sales: Gartner
FRANKFURT (Reuters) - China's Huawei [HWT.UL] has narrowed the gap with its two biggest competitors Apple Inc. and Samsung Electronics in global smartphone sales, first-quarter data from research firm Gartner showed on Tuesday.
China seeks safe steering of bike-sharing boom to clear cluttered streets
SHANGHAI (Reuters) - China has published draft guidelines to regulate the booming bicycle-sharing industry whose firms have raised hundreds of millions in dollars in funding but have cluttered up sidewalks with bikes.