Britain's Metro Bank hit by fraud attack

Metro Bank said on Monday some customers had been hit by a fraud which targets a weakness in telecom companies' text messaging systems used to verify bank transactions, and the bank said it was a wider attack on British banks.

Volkswagen's Electrify America buys Tesla devices for EV charging stations

Volkswagen AG unit Electrify America said on Monday it will install Tesla Inc battery storage packs at more than 100 charging stations across the United States to keep costs down for drivers charging electric vehicles.

Freenet says it could support Sunrise/UPC Swiss tie-up

Freenet, the largest shareholder in Switzerland's Sunrise Communications, is aware of cooperation talks between Sunrise and Liberty Global's local Swiss business UPC and welcomes the idea of consolidation, a Freenet spokeswoman said.

Wirecard says no evidence of criminal misconduct found after FT reports

Wirecard said that neither it nor its law firm had found conclusive evidence of criminal misconduct after the Financial Times alleged wrongdoing at the Singapore office of the German payments company.

Tesla to buy battery tech maker Maxwell Technologies for $218 million

Maxwell Technologies Inc, a developer of battery technology, said on Monday it had agreed to be bought by electric-car maker Tesla Inc for $218 million.

Two Huawei staff expelled from Denmark after work permit inspection

Danish authorities have expelled two Huawei Technologies staff after an inspection at the company's Copenhagen office showed they failed to comply with laws covering residence and work permits, police said on Monday.

Ultimate Software agrees to $11 billion buyout by investor group

Ultimate Software Group Inc said on Monday it has agreed to be bought by an investor group led by Hellman & Friedman in a deal valued at about $11 billion.

Wirecard says probes find no evidence of criminal misconduct

Wirecard and its law firm said on Monday that they had found no conclusive evidence of criminal misconduct by any employee of the company, after the Financial Times last week alleged financial wrongdoing at its Singapore office.

Wirecard says allegations may have come from dispute between employees

Wirecard said that a law firm it appointed has made no conclusive findings of criminal misconduct by any employee of the German payments firm and that there are indications the allegations stemmed from a quarrel between employees.

Wirecard says law firm found no findings of criminal misconduct

Wirecard on Monday said that an external law firm it brought in to investigate actions by a member of its finance team in Singapore made no conclusive findings of criminal misconduct by any employee of the company.

Tencent-backed Chinese movie-ticketing app Maoyan makes weak Hong Kong debut

Tencent-backed Maoyan Entertainment, China's biggest movie-ticketing platform by sales, fell 1.1 percent in its Hong Kong stock debut on Monday, the latest in a string of weak starts among Chinese tech firms listing in the financial hub.

Singaporean police looking into FT reports on Wirecard

Singaporean police on Monday said they were looking into reports by the Financial Times of alleged financial irregularities at German payments firm Wirecard AG.

Singapore police looking into reports of alleged financial irregularities at Wirecard

Singapore police on Monday said it was looking into reports by the Financial Times of alleged financial irregularities at German payments firm Wirecard AG.

Tencent-backed Maoyan Entertainment makes weak Hong Kong debut

Tencent-backed Maoyan Entertainment, China's biggest movie-ticketing platform by sales, fell 2.7 percent in its Hong Kong stock debut on Monday, the latest in a string of weak starts among Chinese tech firms listing in the financial hub.

Tencent-Backed Maoyan opens broadly flat on Hong Kong debut

Maoyan Entertainment, China's top movie-ticketing platform by sales and backed by Tencent, opened near-flat at HK$14.82 ($1.89) on its Hong Kong stock market debut, after raising $250 million in a smaller-than-expected IPO.

Goldman Sachs invests in HSBC-backed fintech app Bud

Goldman Sachs is among the investors in a $20 million fundraising for financial technology firm Bud, the two companies said on Monday, the latest in a series of investments by big global banks seeking to partner with fintechs.

Exclusive: Mobile network operator's body GSMA considers crisis meeting over Huawei

Mobile communications industry body GSMA has proposed a crisis meeting to discuss a plan to ban Huawei 5G equipment in the European Union amid mounting industry concerns that such a move could set operators back by years.

SoftBank's Vision Fund in talks to invest $1.5 billion in Chinese used car platform: sources

The SoftBank-led Vision Fund is in talks to invest up to $1.5 billion in Chinese used car trading platform Guazi.com, two people with knowledge of the matter said.

FCC faces tough questions from court on net neutrality repeal

A federal appeals court asked pointed questions of the Federal Communication Commission on Friday in hearing a challenge to whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017.

U.S. Energy Department warns staff to avoid foreign recruitment programs

The U.S. Energy Department on Friday told staff they are banned from taking part in foreign recruitment programs as the agency seeks to stop China and other countries from illegally acquiring sensitive research in supercomputing and other technologies.

Fed backs Bangladesh as cyber-heist lawsuit kicks off

The Federal Reserve will lend a hand to Bangladesh's central bank as it sues to recoup losses from one of the world's largest cyber heists, even while the Philippine bank targeted by the lawsuit on Friday called it baseless and beyond U.S. jurisdiction.

Foxconn vows to build Wisconsin plant after talk with Trump

Foxconn Technology said on Friday it will build a factory in Wisconsin after the company's chairman spoke to U.S. President Donald Trump, following a Reuters report earlier this week that the Taiwanese company was reconsidering its plans.

NY Fed to assist Bangladesh in cyber-heist lawsuit

The Federal Reserve, which was tricked three years ago into sending $81 million of Bangladesh's money to unidentified hackers, said on Friday it will formally assist Bangladesh Bank as it sues a Philippine bank to recoup its losses.

Altice gears up for Portugal cable network sale: sources

Debt-burdened telecom carrier Altice Europe is gearing up to sell a stake in its high-speed fiber network business in Portugal, sources familiar with the matter told Reuters, with an auction process expected to kick off within a fortnight.

Foxconn says it will build plant in Wisconsin after talk with Trump

Foxconn Technology < said Friday it will build a factory in Wisconsin after the company's chairman spoke to U.S. President Donald Trump.

Shell open to carmaker partners in EV charging expansion

Shell is open to partnerships with carmakers to expand electric vehicle (EV) charging beyond its petrol stations, one of the oil major's executives said on Friday.

New York Fed to assist Bangladesh in cyber-heist law suit

The Federal Reserve Bank of New York said on Friday it will provide "technical assistance" to Bangladesh Bank as it sues a Philippine bank to recoup losses, after unidentified hackers stole $81 million from its account at the U.S. central bank three years ago.

U.S. appeals court hears challenge to FCC net neutrality repeal

A federal appeals court was hearing arguments on Friday over whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017.

Apple fixes FaceTime privacy bug, will issue update next week

Apple Inc has fixed a bug that let iPhone users see and hear others before they accept FaceTime calls and will roll out a software update next week to re-enable Group FaceTime, it said on Friday.

250 Webstresser Users to Face Legal Action

More than 250 customers of a popular and powerful online attack-for-hire service that was dismantled by authorities in 2018 are expected to face legal action for the damage they caused, according to Europol, the European Union’s law enforcement agency. In April 2018, investigators in the U.S.,...

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