SYDNEY (Reuters) - Macquarie Group and ING Direct on Friday said they would start using Apple Inc's mobile payment service in Australia this month, hoping to snatch market share from the major retail banks through digital technology.
Remote control: Companies blur lines over who owns devices
(Reuters) - When Samsung Electronics remotely disabled the last of its flawed Galaxy Note 7 smartphones last month, it further blurred the lines between who ultimately controls your phone, or computer, car or appliance: you, or the companies that make it work?
Twitter numbers paint grim profitability picture
(Reuters) - Twitter Inc's desultory earnings report on Thursday show a company with no evident path to profitability, as core costs climb more quickly than revenue while user growth stagnates.
Graphics-chip maker Nvidia's revenue beats expectations
(Reuters) - Nvidia Corp's quarterly revenue surged more than 50 percent for the second straight quarter and beat expectations, helped by rising demand for its graphics chips and strength in rapidly growing areas such as self-driving systems and artificial intelligence.
Nasdaq plans venture arm to invest in financial technology: sources
NEW YORK (Reuters) - Exchange operator Nasdaq Inc plans to set up a venture capital arm to invest in financial technology companies that can help grow its own businesses, two people familiar with the plans told Reuters.
Activision sales top Street; Co hikes dividend, sets $1 billion buyback
(Reuters) - Videogame publisher Activision Blizzard Inc reported fourth-quarter revenue above analysts' estimates, raised its dividend and announced a two-year $1 billion stock repurchase plan.
'FarmVille' creator Zynga forecasts bookings below estimates
(Reuters) - Zynga Inc , which created the online game FarmVille, forecast current-quarter bookings largely below analysts' estimates, weighed down by a seasonally weak advertising business as well as declines in its web business.
Apple CEO Cook 'optimistic' about UK's future after Brexit: BBC
(Reuters) - Apple Inc Chief Executive Tim Cook told Prime Minister Theresa May the company was optimistic about Britain's future after it leaves the European Union, the BBC reported on Thursday.
Mobile app firms settle NYAG claims over data disclosure shortfalls
NEW YORK (Reuters) - Two mobile application developers will more clearly inform users how they collect personal information, as part of a settlement of claims by New York's attorney general that they failed to disclose their data collection practices in privacy policies.
Zenefits cuts nearly half its workforce as startup's struggles continue
SAN FRANCISCO (Reuters) - Zenefits is laying off nearly half its staff as the software startup grapples with the fallout of insurance violations that resulted in hefty penalties from state regulators.
Fast Food Chain Arby’s Acknowledges Breach
Sources at nearly a half-dozen banks and credit unions independently reached out over the past 48 hours to inquire if I’d heard anything about a data breach at Arby’s fast-food restaurants. Asked about the rumors, Arby’s told KrebsOnSecurity that it recently remediated a breac...
Fast Food Chain Arby’s Acknowledges Breach
Sources at nearly a half-dozen banks and credit unions independently reached out over the past 48 hours to inquire if I’d heard anything about a data breach at Arby’s fast-food restaurants. Asked about the rumors, Arby’s told KrebsOnSecurity that it recently remediated a breac...
Lloyds joins new British banking cyber defense alliance: sources
People walk past a branch of Lloyds Bank at Berkeley Square in London, Britain July 28, 2016. REUTERS/Peter Nicholls
Snap to spend $1 billion on Amazon cloud services
FILE PHOTO - The Snapchat logo is seen on the door of their headquarters in Venice, Los Angeles, California October 13, 2014. REUTERS/Lucy Nicholson/File Photo
Twitter reports slowest quarterly revenue growth
A screen displays the stock price of Twitter above the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., January 31, 2017. REUTERS/Lucas Jackson
Chinese bitcoin exchanges says to strengthen scrutiny of customers, sources of funds
FILE PHOTO: Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. REUTERS/Benoit Tessier/File Photo - RTX2YBYD
Nokia offers to buy Comptel for $370 million
HELSINKI (Reuters) - Finnish telecoms network equipment maker Nokia said on Thursday it is seeking to buy company Comptel for about 347 million euros ($370 million) to expand its software services business.
Nokia offers to buy Comptel for $370 million
HELSINKI (Reuters) - Network equipment maker Nokia said on Thursday it has agreed to buy another Finnish company, Comptel , for about 347 million euros ($370 million) to expand its software business.
Toshiba receives bid as high as $3.6 billion for chip business stake: source
TOKYO (Reuters) - Toshiba Corp has received an offer as high as 400 billion yen ($3.6 billion) for a 19.9 percent stake in its flash memory business, with other bids as low as 200 billion yen, a person directly involved in the deal told Reuters.
Alibaba's Ant Financial in talks to raise more than $3 billion: report
HONG KONG (Reuters) - China's most valuable online finance company, Ant Financial, is looking to raise more than $3 billion in debt to fund international expansion, according to technology news website The Information.
UK plans to remove insurance barriers for self-driving cars
LONDON (Reuters) - Britain plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly in a bid to remove a major obstacle for the nascent industry.
Exclusive: Tesla aims to start pilot production of Model 3 cars on February 20 - sources
DETROIT/SAN FRANCISCO (Reuters) - Tesla Inc has told suppliers it planned to begin test-building its Model 3 sedans on Feb. 20, according to people familiar with the matter, a move that could allay concerns about the company meeting its target to start production in July.
NSA contractor indicted over mammoth theft of classified data
(Reuters) - A former National Security Agency contractor was indicted on Wednesday by a federal grand jury on charges he willfully retained national defense information, in what U.S. officials have said may have been the largest heist of classified government information in history.
Cyber expert's arrest silences Russian contacts of some Western crime fighters
SAN FRANCISCO/MOSCOW (Reuters) - Russian cyber-security experts have scaled back cooperation with Western contacts after one of their number was arrested in Moscow on treason charges, making it harder to fight global online crime, U.S. law-enforcement and industry sources say.
Snap's older user base slowly growing ahead of IPO: analyst
The logo of messaging app Snapchat is seen at a booth at TechFair LA, a technology job fair, in Los Angeles, California, U.S., January 26, 2017. REUTERS/Lucy Nicholson
Intel chief says firm will invest $7 billion in Arizona semiconductor factory
WASHINGTON (Reuters) - Intel Corp Chief Executive Officer Brian Krzanich said during a visit with President Donald Trump on Wednesday that the computer chip manufacturer will invest $7 billion in an Arizona semiconductor factory.
New York Times to offer subscribers free Spotify access
(Reuters) - The New York Times Co said on Wednesday that readers taking a one-year digital subscription would also get free access to music streaming service Spotify, as the newspaper company looks for new ways to attract paying readers.
Trump to meet with Intel CEO on Wednesday: White House
WASHINGTON (Reuters) - President Donald Trump will meet with Intel Corp chief executive Brian Krzanich on Wednesday afternoon, the White House said, offering no further details.
‘Top 10 Spammer’ Indicted for Wire Fraud
Michael A. Persaud, a California man profiled in a Nov. 2014 KrebsOnSecurity story about a junk email purveyor tagged as one of the World’s Top 10 Worst Spammers, was indicted this week on federal wire fraud charges tied to an alleged spamming operation. According to an indictment returned in ...
‘Top 10 Spammer’ Indicted for Wire Fraud
Michael A. Persaud, a California man profiled in a Nov. 2014 KrebsOnSecurity story about a junk email purveyor tagged as one of the World’s Top 10 Worst Spammers, was indicted this week on federal wire fraud charges tied to an alleged spamming operation. According to an indictment returned in ...