BERLIN (Reuters) - Aerospace suppliers are starting to explore blockchain technology to keep tabs on their supply chain, potentially tracking parts such as those identified as the cause of a Southwest Airlines accident last month.
TSB chief to lose bonus linked to botched IT upgrade
LONDON (Reuters) - The chief executive of British bank TSB, Paul Pester, will not get a bonus linked to the bank's botched computer system migration, TSB's Chairman Richard Meddings told lawmakers on Wednesday.
Pentagon stops selling Huawei, ZTE phones in its bases, cites security
WASHINGTON (Reuters) - The U.S. Department of Defense has stopped selling mobile phones and modems made by the Chinese technology companies Huawei Technologies and ZTE Corp in stores on its military bases, citing potential security risks.
App redesign haunts Snap as investors flee
(Reuters) - Shares of Snap Inc sank as much as 22 percent to the lowest since its 2017 flotation on Wednesday, after first quarter numbers showed it losing confidence among users and advertisers due to a widely-panned redesign of Snapchat.
TSB chief executive to lose bonus linked to computer system migration
LONDON (Reuters) - The Chief Executive of British lender TSB, Paul Pester, will not receive a bonus that he was due and which was linked to the bank's botched computer system migration, TSB's chairman Richard Meddings told lawmakers on Wednesday.
Apple shares rise after sales quell iPhone worries
(Reuters) - Shares of Apple Inc rose 3 percent on Wednesday after the company's quarterly report and current-quarter iPhone sales forecast calmed investor nerves about a potential slowdown in sales of its flagship product.
App redesign haunts Snap as investors flee stock
(Reuters) - Shares of Snap Inc fell 17 percent on Wednesday, a day after the Snapchat owner missed first-quarter user targets and said revenue growth would see a substantial slowdown in the current quarter as backlash over the app's redesign kept advertisers at bay.
ECB designs cyber attack simulation for financial firms
FRANKFURT (Reuters) - The European Central Bank has designed a new test simulating cyber attacks on banks, stock exchanges and other firms that are critical for the functioning of the financial system, it said on Wednesday.
Irish court rejects Facebook bid to delay EU data privacy case
DUBLIN (Reuters) - Ireland's High Court has refused a request by Facebook to delay referral to Europe's top court of a landmark privacy case that could strike down legal instruments used by U.S. tech companies to transfer EU users' data to the United States.
Flight of imagination: Chinese firm breaks record with 1,374 dancing drones
BEIJING (Reuters) - A Chinese drone company has broken the Guinness World Record for most drones flown simultaneously in a 13-minute flight that involved 1,374 drones spread over a kilometer.
Irish High Court refuses Facebook bid to delay privacy case referral
DUBLIN (Reuters) - Ireland's High Court refused a request by Facebook to delay a referral of a landmark privacy case to Europe's top court on Wednesday, ordering its immediate referral.
Amazon offers to buy 60 percent stake in India's Flipkart: CNBC-TV18
(Reuters) - Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, citing sources.
After downturn, Islamic finance eyes profits, fintech: survey
(Reuters) - Islamic banks and insurers are focusing on profitability and new financial products as the industry shifts away from years of containing the adverse impact of low oil prices, an industry body said on Wednesday.
Kenya's Safaricom pilots messaging app linked to mobile money
NAIROBI (Reuters) - Safaricom, Kenya's biggest telecoms company, is piloting a social messaging app that will link to its mobile money platform in an attempt to move the company into the application business, the company said on Tuesday.
Apple surprises with solid iPhone sales, announces $100 billion buyback
(Reuters) - Apple Inc on Tuesday reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks, reassuring investors that its decade-old smartphone invention had life in it yet.
Cyberwarfare, populism top 'black swan' events at Milken conference
BEVERLY HILLS, Calif. (Reuters) - Cyberwarfare and populism are some of the top risks that could threaten global stability and financial markets in the years ahead, investors and policymakers warned at the annual Milken Institute Global Conference this week, as they characterized them as black swan ...
How Samsung fell behind Sony and LG in the premium TV market
SEOUL (Reuters) - At the 2013 annual Consumer Electronics Show in Las Vegas, flashy organic light-emitting diode (OLED) televisions sporting credit card-thin screens were at the front and center of Samsung Electronics' new gadgets display.
Apple's $100 billion stock buyback overshadows iPhone
(Reuters) - Apple Inc reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks, reassuring investors that its decade-old smartphone invention had life in it yet.
Verizon's Oath signs distribution deal with Samsung
(Reuters) - Verizon Communications Inc's Oath Inc subsidiary has signed a deal to place four of its most popular apps on millions of Samsung devices across the U.S. and eventually globally, the company told Reuters on Tuesday.
Snap shares sink 16 percent as redesign weighs on results
(Reuters) - Snap Inc fell short of Wall Street forecasts for revenue and regular users after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares tumbling 16 percent on Tuesday.
Facebook to play cupid in online dating debut
SAN JOSE, Calif. (Reuters) - Facebook Inc is entering the dating game, Chief Executive Mark Zuckerberg said on Tuesday, planning a dating service to matchmake millions of people on the world's largest online social network and nudge them into spending more time there.
Apple beats profit expectations, plans $100 billion cash return boost
(Reuters) - Apple Inc on Tuesday beat revenue and profit expectations in its March quarter as it sold 52.2 million iPhones, barely below Wall Street targets and showing some resilience as global demand for smartphones wanes.
Snap shares sink as redesign weighs on results
(Reuters) - Snap Inc missed Wall Street forecasts for first-quarter revenue and regular users after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares sharply lower on Tuesday.
Snap's user growth misses analyst forecasts, shares plunge
(Reuters) - Snap Inc's user and revenue growth fell short of analysts' expectations for the first quarter after a widely panned redesign of its Snapchat messaging app, sending its shares tumbling more than 10 percent.
Safaricom pilots messaging app linked to mobile money
NAIROBI (Reuters) - Safaricom, Kenya's biggest telecoms company, is piloting a social messaging app that will link to its mobile money platform in an attempt to move the company into the application business, the company said on Tuesday.
Facebook to play matchmaker in first dating service
SAN JOSE, Calif. (Reuters) - Facebook Inc will offer its first dating service, Chief Executive Mark Zuckerberg said on Tuesday, signaling the entry of the world's largest social network into a growing market that sent shares of established dating site operators tumbling.
Facebook to offer dating service for first time
SAN JOSE, Calif. (Reuters) - Facebook Inc plans to add a dating service, Chief Executive Mark Zuckerberg said on Tuesday, marking the first time the world's largest social media network has actively tried to help people form romantic relationships.
Facebook to use augmented reality to draw ads to Messenger app
MENLO PARK, Calif. (Reuters) - Facebook Inc's Messenger app launched an augmented reality feature on Tuesday to allow people to see products they are shopping for as if they already have them, such as a car parked in a driveway, in a move aimed at drawing in potential advertisers.
Facebook to allow users to clear browsing history with new feature
(Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg said on Tuesday the social network is building a new privacy control called "clear history" to allow users to delete browsing history.
Facebook to allow users to clear browsing history
(Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg on Tuesday said the social network is building a new privacy control called "clear history" to allow users to delete browsing history, and he plans to discuss the feature at Facebook's annual F8 conference.





