Adobe and Microsoft each pushed critical security updates to their products today. Adobe’s got a new version of Flash Player available, and Microsoft released 14 updates covering more than 75 vulnerabilities, two of which were publicly disclosed prior to today’s patch release. The Micros...
Flash, Windows Users: It’s Time to Patch
Adobe and Microsoft each pushed critical security updates to their products today. Adobe’s got a new version of Flash Player available, and Microsoft released 14 updates covering more than 75 vulnerabilities, two of which were publicly disclosed prior to today’s patch release. The Micros...
Exclusive: G20 financial heads to urge crypto-asset monitoring to safeguard financial stability
BRUSSELS (Reuters) - The world’s financial leaders will call on international standard-setting bodies on March 20 for stronger monitoring of crypto-assets and to assess the need for a multilateral response as such assets could at some point threaten financial stability. Cryptocurrencies are se...
Digital currency sales face rocky path with more regulatory focus
NEW YORK (Reuters) - A global regulatory crackdown on cryptocurrencies created by startups to finance new projects could slow the pace of virtual currency sales as questions mount about their transparency and the risk of scams for investors. FILE PHOTO - A bitcoin logo is seen at a facility of the Y...
U.S. wants judge to exclude key AT&T argument in Time Warner merger trial
WASHINGTON (Reuters) - The U.S. Justice Department wants a judge to bar AT&T Inc (T.N) from using a voluntary commitment it made on licensing content as part of its defense when an antitrust trial begins next week over the fate of the company’s planned $85 billion merger with Time Warner I...
Britain to consider taxing digital giants' revenue
LONDON (Reuters) - Britain said it was considering taxing the revenues of internet companies like Facebook (FB.O) and Google (GOOGL.O) until international tax rules are changed to cope with digital firms that can shift sales and profits between jurisdictions. A giant logo is seen at Facebook's headq...
Broadcom to stay on deal path after Qualcomm halt: analysts
(Reuters) - Broadcom Ltd’s (AVGO.O) Chief Executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker’s $117 billion bid for Qualcomm Inc (QCOM.O) was blocked by U.S. President Donald Trump on national security grounds, analysts said on Tuesday. Ho...
Exclusive: Fitness app Strava overhauls map that revealed military positions
SAN FRANCISCO (Reuters) - Fitness-tracking app Strava said starting on Tuesday it will restrict access to an online map that shows where people run, cycle and swim and remove some data after researchers found it inadvertently revealed military posts and other sensitive sites. Strava’s heat map...
Spotify enters South African market
JOHANNESBURG (Reuters) - Global music streaming provider Spotify is set to launch its services in South Africa on Tuesday, marking its entry into Africa, where there is a rapid uptake of smartphones and improving telecommunications infrastructure. FILE PHOTO: Headphones are seen in front of a logo o...
Broadcom's ambitious chief will shift target after Qualcomm halt: analysts
(Reuters) - Broadcom Ltd, led by dynamic Chief Executive Hock Tan, is unlikely to put the brakes on an acquisition spree after its $117 billion bid for Qualcomm Inc was blocked by U.S. President Donald Trump on national security grounds. Hock Tan, CEO of Broadcom, speaks on the floor of the New York...
South Dakota urges Supreme Court to click 'buy' on internet sales tax
PIERRE, South Dakota (Reuters) - The woman walked into Cash Hogen’s hardware store last fall to ask a single question about a KitchenAid mixer on display: What did the manufacturer call that color scheme? “Tangerine,” replied Hogen. And with that, the woman walked out. It is a kind...
Apple, Google see reputation of corporate brands tumble in survey
(Reuters) - Apple Inc and Alphabet Inc’s Google corporate brands dropped in an annual survey while Amazon.com Inc maintained the top spot for the third consecutive year, and electric carmaker Telsa Inc rocketed higher after sending a red Roadster into space. A woman looks at the screen of her ...
Spain's Amazon workers call two-day strike over wages, rights
MADRID (Reuters) - Over one thousand Amazon (AMZN.O) workers in Spain plan to stage their first strike with a two-day walkout to protest what unions claim are efforts to reduce employees’ rights, union Comisiones Obreras (CCOO) said on Tuesday. FILE PHOTO - Products are moved on conveyer belts...
Bitcoin start-ups in Asia take aim at remittances market
HONG KONG/SEOUL (Reuters) - Bitcoin, battered by warnings about volatility and bubble-like appreciation, may have found a way to play a niche role in a big market: overseas money transfers. A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture, De...
Indonesia eyes fintech regulation to avoid 'loan shark-like' practices
JAKARTA (Reuters) - Indonesia’s financial regulator said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults. Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are se...
Finland takes stake in Nokia to boost national ownership
HELSINKI (Reuters) - Finland’s government investment arm Solidium has acquired a 3.3 percent stake in Nokia at a cost of about 844 million euros ($1.04 billion) to strengthen Finnish influence over the telecom network gear maker. The Nokia logo is seen at the Mobile World Congress in Barcelona...
Grab forms venture with Japan's Credit Saison for lending services
SINGAPORE (Reuters) - Southeast Asia’s Grab has formed a venture with Japanese credit card company Credit Saison Co Ltd to provide loans and lending services in the region, marking the ride-hailing firm’s biggest expansion into financial services. FILE PHOTO: People wait for the start of...
Mobile Apps
Mobile devices, such as tablets, smartphones, and watches, have become one of the primary technologies we use in both our personal and professional lives. What makes mobile devices so versatile are the millions of apps we can choose from. These apps enable us to be more productive, instantly communi...
Microsoft women filed 238 discrimination and harassment complaints: court documents
SAN FRANCISCO (Reuters) - Women at Microsoft Corp working in U.S.-based technical jobs filed 238 internal complaints about gender discrimination or sexual harassment between 2010 and 2016, according to court filings made public on Monday. FILE PHOTO: The Microsoft logo is shown on the Microsoft Thea...
President Trump halts Broadcom takeover of Qualcomm
(Reuters) - U.S. President Donald Trump issued an order on Monday prohibiting semiconductor maker Broadcom Ltd’s (AVGO.O) proposed takeover of Qualcomm Inc(QCOM.O) on grounds of national security, bringing an end to what would have been the technology industry’s biggest deal ever. FILE P...
Dropbox IPO price range puts valuation nearly a third below peak
(Reuters) - Dropbox Inc (DBX.O) on Monday offered a price range for shares in its initial public offering that would value it at up to $7.1 billion, nearly a third below the valuation it commanded in 2014, a clear sign of how overheated the private tech market became a few years back. Cloud storage ...
Dropbox IPO priced at nearly one-third below its peak valuation
(Reuters) - Dropbox Inc (DBX.O) on Monday priced shares for its initial public offering that would value it at up to $7.1 billion, nearly a third below the valuation it commanded in 2014, a clear sign of how overheated the private tech market became a few years back. Cloud storage company Dropbox is...
Has Spotify answered its royalty problem?
(Reuters) - In its much-anticipated filing to go public last month, Spotify revealed revenue growth was outpacing costs, suggesting the music streaming service was striking deals with the music industry that defeat the central tension in its business model. Headphones are seen in front of a logo of ...
Apple Music hits 38 million paid subscribers
(Reuters) - Apple Inc’s streaming music service now has 38 million paid subscribers, up from 36 million in February, the company said on Monday. FILE PHOTO - An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTER...
EU experts' fake news report draws false conclusions: consumer group
BRUSSELS (Reuters) - A consumer group on Monday said experts appointed by the European Commission to advise on tackling fake news had ignored the business model that gave the likes of Google (GOOGL.O) and Facebook (FB.O) a motive for disseminating it. FILE PHOTO - Monique Goyens, head of the BEUC, t...
U.S. says Broadcom review confirms security concerns
(Reuters) - The U.S. Treasury Department has told Singapore-based Broadcom Ltd (AVGO.O) that it has confirmed national security concerns about the chipmaker’s unsolicited bid to buy rival Qualcomm Inc (QCOM.O) and accused it of violating an order to give sufficient notice of plans to move to t...
Tesla's electric motor shift to spur demand for rare earth neodymium
LONDON (Reuters) - Tesla’s shift to a magnetic motor using neodymium in its Model 3 Long Range car adds to pressure on already strained supplies of a rare earth metal that had for years been shunned because of an export ban by top producer China. FILE PHOTO: A Tesla Model 3 is seen in a showro...
Rookie crypto investors look past risks, flock to London show
LONDON (Reuters) - Dozens of stallholders, pitching anything from a happy retirement to commercial property to the future of electronics, set up shop in central London last weekend to pitch their wares. Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC ...
Dropbox's $7 billion IPO is a third from peak valuation
(Reuters) - Dropbox Inc (DBX.O) on Monday filed to go public, valuing the cloud storage company at up to $7.1 billion, nearly a third below a valuation three years ago, as concerns rose that it was not growing fast enough to justify a loftier price tag. The DropBox logo is seen in this illustration ...
Apple to buy digital magazine service Texture
(Reuters) - Apple Inc (AAPL.O) will buy digital magazine service Texture, which lets users read titles for a monthly subscription fee, the iPhone maker said on Monday. FILE PHOTO: A man looks at the screen of his mobile phone in front of an Apple logo outside its store in Shanghai, China on July 30,...