LONDON (Reuters) - Barclays and an Israel-based start-up company have carried out what they say is the world's first trade transaction using blockchain technology, cutting a process that normally takes between seven and 10 days to less than four hours.
IBM wins dismissal of investor lawsuits over 2014 write-down
NEW YORK (Reuters) - IBM Corp on Wednesday won the dismissal of a pair of proposed class action lawsuits filed after the company in 2014 announced it would take a $2.4 billion write-down in connection with selling its semiconductor unit.
Ireland fights to restore investment reputation after Apple ruling
DUBLIN (Reuters) - The European Union's demand that Ireland claw back billions in tax from Apple has hit the country's reputation as an investment destination just as it eyes up opportunities from Brexit, but officials say the damage will be limited.
Court deals setback to Uber drivers in background check lawsuit
(Reuters) - A U.S. appeals court on Wednesday said most of a lawsuit challenging background checks performed by Uber Technologies Inc on its drivers should proceed to arbitration.
Deutsche Bank calls for reform of global financial messaging system SWIFT
FRANKFURT (Reuters) - Deutsche Bank is calling for a reform of SWIFT, the global financial messaging system which has faced criticism since February's $81 million heist at Bangladesh Bank.
St. Jude sues short-seller over heart device allegations
(Reuters) - St. Jude Medical Inc on Wednesday filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings Ltd, saying they intentionally disseminated false information about its heart devices to manipulate its stock.
India's 'flash boys' fret over proposed automated trading curbs
MUMBAI (Reuters) - India's "flash boys", or high-frequency traders, are pushing back against the domestic markets regulator and in some cases putting investments in new strategies on hold, saying proposed tighter rules could render their ultra-fast systems redundant.
France's Sodexo buys U.S. software company Inspirus
PARIS (Reuters) - French facilities management and vouchers group Sodexo said on Wednesday it was buying Inspirus, a U.S. company that sells software that helps employers develop programmes to reward and motivate staff.
Microsoft offers wide range of cloud services from UK datacenters
The logo of Microsoft is pictured in Issy-les-Moulineaux, France, August 8, 2016. REUTERS/Jacky Naegelen
Volkswagen says van drivers' electric eureka moment yet to come
File photo of Volkswagen logos adorning a sign outside a dealership for the German automaker located in the Sydney suburb of Artarmon, Australia, October 3, 2015. REUTERS/David Gray/File Photo
Daimler explores to use drones in new van business model
A Daimler sign name is pictured during the company's annual news conference in Stuttgart, Germany, February 4, 2016. REUTERS/Michaela Rehle/File photo
Amazon to start restaurant deliveries in London
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo
Apple sets stage for iPhone 7, many already waiting for 8
Customers and employees are shown through Apple's Australian flagship store in Sydney, September 7, 2016. REUTERS/Jason Reed
Congressional Report Slams OPM on Data Breach
The massive data breach at the U.S. Office of Personnel Management (OPM) that exposed background investigations and fingerprint data on millions of Americans was the result of a cascading series of cybersecurity blunders from the agency’s senior leadership on down to the outdate...
Congressional Report Slams OPM on Data Breach
The massive data breach at the U.S. Office of Personnel Management (OPM) that exposed background investigations and fingerprint data on millions of Americans was the result of a cascading series of cybersecurity blunders from the agency’s senior leadership on down to the outdate...
Congressional Report Slams OPM on Data Breach
The massive data breach at the U.S. Office of Personnel Management (OPM) that exposed background investigations and fingerprint data on millions of Americans was the result of a cascading series of cybersecurity blunders from the agency’s senior leadership on down to the outdate...
Congressional Report Slams OPM on Data Breach
The massive data breach at the U.S. Office of Personnel Management (OPM) that exposed background investigations and fingerprint data on millions of Americans was the result of a cascading series of cybersecurity blunders from the agency’s senior leadership on down to the outdate...
U.S. personnel management hack preventable, congressional probe finds
A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014. REUTERS/Mal Langsdon
LG Electronics seeks mobile spark from new V20 smartphone
SEOUL (Reuters) - South Korea's LG Electronics Inc, reeling from continued losses from its smartphone business, unveiled its new V20 premium smartphone on Wednesday, hoping for a pick-up in the second half.
China's online chatter muted ahead of Apple iPhone 7 launch
SHANGHAI/BEIJING (Reuters) - Judging by the volume of online chatter, there's a lot less buzz in China ahead of this week's expected launch of the new Apple Inc iPhone, and people on the street say they're more likely to "wait and see" what the latest device offers than rush out to buy.
PayPal reaches deal with MasterCard for store payments: WSJ
(Reuters) - PayPal Holdings Inc has entered into a deal with MasterCard Inc that will allow payments in stores, the Wall Street Journal reported.
Geely's Volvo and Autoliv team up in autonomous driving
STOCKHOLM (Reuters) - Chinese-owned Volvo Car Group and auto safety group Autoliv said on Tuesday they would form a joint venture to develop autonomous driving software as automotive firms across the industry race to embrace the emerging technology.
Hong Kong regulator says banking fintech 'sandbox' to start September 6
HONG KONG (Reuters) - A special regulatory regime that would allow Hong Kong banks to test out innovative new financial technologies will start as of Tuesday, Hong Kong's banking regulator said.
Europe's mobile payment players braced for battle as U.S. rivals move in
STOCKHOLM (Reuters) - European mobile payment providers iZettle and SumUp are among a handful of start-ups that have encouraged European small businesses to kick their cash-only habits.
GE to buy SLM, Arcam for $1.4 billion in 3D printing push
FRANKFURT/STOCKHOLM (Reuters) - General Electric announced plans on Tuesday to buy two European 3D printing groups - Sweden's Arcam and Germany's SLM Solutions - for a total of $1.4 billion to tap into manufacturers' growing demand for digital technologies.
Hong Kong to launch fintech 'sandbox' as rivals pull ahead
HONG KONG (Reuters) - Hong Kong on Tuesday said it would establish a regulatory regime known as a "sandbox" for financial technology innovation in the banking sector, amid fears the city is losing ground to China, Australia and Singapore in the fintech race.
Samsung trips on quality control in rush to pip Apple
SEOUL (Reuters) - In its rush to beat rival products to market, notably Apple's new iPhone, Samsung Electronics has accelerated new phone launch cycles, but its haste is raising concerns that it fell short on quality testing.
Location Privacy: The Purview of the Rich and Indigent
I’d just finished parking my car in the covered garage at Reagan National Airport just across the river from Washington, D.C. when I noticed a dark green minivan slowly creeping through the row behind me. The vehicle caught my attention because its driver didn’t appear to be looking for ...
Location Privacy: The Purview of the Rich and Indigent
I’d just finished parking my car in the covered garage at Reagan National Airport just across the river from Washington, D.C. when I noticed a dark green minivan slowly creeping through the row behind me. The vehicle caught my attention because its driver didn’t appear to be looking for ...
Ubisoft says Guillemot Brothers in deal to buy 4 million Ubisoft shares
PARIS (Reuters) - Ubisoft said on Monday that Guillemot Brothers SE and a bank had entered into an agreement related to the purchase of up to 4,000,008 shares in the French video game maker, representing 3.5 percent of Ubisoft's total share capital.