TOKYO (Reuters) - Japan’s financial regulator will slap administrative punishment notices on several cryptocurrency exchanges this week and plans to force some to suspend their business, people with direct knowledge of the matter said on Wednesday. FILE PHOTO: Cryptocurrency exchange Coincheck...
Amazon offers discount Prime membership to Medicaid recipients
(Reuters) - Amazon.com Inc said on Wednesday it was expanding its discounted Prime membership offer to Medicaid members, the U.S. government’s health insurance program for the poor. FILE PHOTO: Amazon boxes are seen stacked for delivery in Manhattan, New York, U.S., January 29, 2016. REUTERS/M...
Broadcom to stick with U.S. 5G investment after Qualcomm deal
(Reuters) - Broadcom Ltd (AVGO.O) sought again to soothe U.S. security concerns around its bid for chipmaker Qualcomm Inc (QCOM.O) on Wednesday, saying it would stick with investments aimed at maintaining the United States’ leadership in 5G technology. FILE PHOTO - A sign to the campus offices...
Broadcom says to stick with U.S. 5G investment after Qualcomm deal
(Reuters) - Singapore-based Broadcom Ltd (AVGO.O) pledged on Wednesday to make the United States the global leader in 5G technology and maintain Qualcomm’s investments in the area after any merger between the two companies. FILE PHOTO - A sign to the campus offices of chip maker Broadcom Ltd, ...
Japan to punish several cryptocurrency exchanges, halt operations at others: Nikkei
TOKYO (Reuters) - Japan’s financial regulator will this week slap several cryptocurrency exchanges with administrative punishment notices and is considering forcing some to suspend their business, the Nikkei business daily reported on Wednesday. FILE PHOTO: Cryptocurrency exchange Coincheck's ...
Ireland chooses BNY Mellon to manage Apple escrow fund
DUBLIN (Reuters) - Ireland has chosen Bank of New York Mellon to administer an escrow fund of up to 15 billion euros ($18.6 billion) in disputed taxes that the European Commission ordered the government to collect from Apple. FILE PHOTO: A BNY Mellon sign is seen on their headquarters in New York's ...
Unique Passwords
One of the most important steps you can take to protect yourself online is to use a unique, strong password for every one of your accounts and apps. Unfortunately, it is most likely impossible for you to remember all your different passwords for all your different accounts. This is why so many peopl...
Virtual currencies are commodities, U.S. judge rules
NEW YORK (Reuters) - Virtual currencies like bitcoin can be regulated as commodities by the U.S. Commodity Futures Trading Commission, a federal judge ruled Tuesday. FILE PHOTO: A bitcoin logo is seen at a facility of the Youth and Sports Ministry in Caracas, Venezuela February 23, 2018. REUTERS/Mar...
What Is Your Bank’s Security Banking On?
A large number of banks, credit unions and other financial institutions just pushed customers onto new e-banking platforms that asked them to reset their account passwords by entering a username plus some other static identifier — such as the first six digits of their Social Security number (S...
What Is Your Bank’s Security Banking On?
A large number of banks, credit unions and other financial institutions just pushed customers onto new e-banking platforms that asked them to reset their account passwords by entering a username plus some other static identifier — such as the first six digits of their Social Security number (S...
BlackBerry sues Facebook, WhatsApp, Instagram over patent infringement
(Reuters) - BlackBerry Ltd on Tuesday filed a patent infringement lawsuit against Facebook Inc and its WhatsApp and Instagram apps, arguing that they copied technology and features from BlackBerry Messenger. FILE PHOTO: A BlackBerry logo is seen during the Mobile World Congress in Barcelona, Spain F...
U.S. agency proposes nearly $1 billion to revamp Puerto Rico, Virgin Islands communications
WASHINGTON (Reuters) - The chairman of the U.S. telecoms regulator proposed on Tuesday directing $954 million to restore and expand communications networks in Puerto Rico and the U.S. Virgin Islands that were heavily damaged during the 2017 hurricane season. Chairman of the Federal Communications Co...
YNAP in line with 5-year plan, core profit margins to rise in 2018: CEO
MILAN (Reuters) - Yoox Net-A-Porter (YNAP) (YNAP.MI) is in line with its five-year plan and core profit margins will rise 30-70 basis points in 2018, as revenue is lifted by sales through mobiles and in the Middle East, the group’s chief executive said on Tuesday. Federico Marchetti, CEO of on...
BlackBerry files lawsuit against Facebook, WhatsApp and Instagram
(Reuters) - BlackBerry Ltd on Tuesday filed a patent infringement lawsuit against social media platforms Facebook Incand its units WhatsApp and Instagram. FILE PHOTO: A BlackBerry logo is seen during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman BlackBerry said...
FCC wants nearly $1 billion to revamp Puerto Rico, Virgin Islands communications networks
WASHINGTON (Reuters) - Federal Communications Commission chairman Ajit Pai proposed on Tuesday directing $954 million toward restoring and expanding communications networks in Puerto Rico and the U.S. Virgin Islands heavily damaged during the 2017 hurricane season. Chairman of the Federal Comm...
U.S. sees national security risk from Broadcom's Qualcomm deal
(Reuters) - A U.S. government national security panel said it identified potential risks that warrant a full investigation of Singapore-based Broadcom Ltd’s (AVGO.O) $117 billion bid for chipmaker Qualcomm Inc (QCOM.O), a senior U.S. Treasury official said in a letter to the companies on Monda...
YNAP's core profit margins to rise 30-70 basis points in 2018: CEO to Reuters
MILAN (Reuters) - Core profit margins at Yoox Net-A-Porter (YNAP) (YNAP.MI) will rise by 30-70 basis points in 2018 and growth at the luxury online retailer will be boosted by mobile sales and those in the Middle East, the group’s chief executive said on Tuesday. Federico Marchetti, CEO of onl...
Porsche says flying cab technology could be ready within decade
GENEVA (Reuters) - Porsche is studying flying passenger vehicles but expects it could take up to a decade to finalize technology before they can launch in real traffic, its head of development said on Tuesday. The logo of Porsche is seen during the 88th International Motor Show at Palexpo in Geneva,...
U.S. sees national security risk from Broadcom's Qualcomm deal: Treasury
(Reuters) - A U.S. government national security panel said it identified potential risks that warrant a full investigation of Singapore-based Broadcom Ltd’s (AVGO.O) $117 billion bid for chipmaker Qualcomm Inc (QCOM.O), a senior U.S. Treasury official said in a letter to the companies on Monda...
France may probe Google and Facebook over online ad dominance
PARIS (Reuters) - France’s competition authority may open investigations into Facebook and Google “in the next few months” after an in-depth examination concluded the pair dominate the French online advertising market. FILE PHOTO: The Facebook logo is displayed on their website in ...
Taxi drivers protest against Uber 'invasion' in Greece
ATHENS (Reuters) - Hundreds of taxi drivers marched in central Athens on Tuesday to protest at what they called an “invasion” by Uber, and attacked passing cars they thought were being used by the ride-hailing service. Greek taxi drivers shout slogans during a protest against taxi-hailin...
U.S. panel says concerns over Broadcom deal warrant full investigation: Treasury
(Reuters) - A U.S. government security panel has identified potential security concerns that warrant a full investigation of Singapore-based Broadcom Ltd’s (AVGO.O) $117 billion bid for chipmaker Qualcomm Inc (QCOM.O), a senior U.S. Treasury official said in a letter to the companies on Monday...
Logitech CEO says big acquisitions unlikely as it targets sustained growth
ZURICH (Reuters) - Logitech (LOGN.S) Chief Executive Bracken Darrell said large acquisitions were unlikely as the maker of gaming keyboards and wireless speakers forecast sales growth would slow next year. FILE PHOTO: Chief Executive Bracken Darrell of the computer peripherals maker Logitech address...
World Economic Forum leads creation of fintech cybersecurity consortium
NEW YORK (Reuters) - The World Economic Forum has led the creation of an industry consortium focused on improving the cybersecurity of financial technology companies, as collaboration between fintechs and financial institutions grows. FILE PHOTO: A logo of the World Economic Forum (WEF) is seen as p...
Money gushes into China's ChiNext as Beijing woos tech giants
SHANGHAI (Reuters) - China’s efforts to attract overseas-listed tech giants have revived long-dormant investor interest in technology shares, chipping away at the allure of blue-chips along the way. China may allow its offshore-listed tech giants to sell a form of shares on the mainland, or Ch...
Citigroup, Zurich Insurance consortium to develop cyber security norms: FT
(Reuters) - A consortium led by Citigroup Inc (C.N), Zurich Insurance Group AG (ZURN.S) and Depository Trust & Clearing Corp (DTCC) will develop a set of cyber security standards that fintech companies can sign up to, the Financial Times reported on Tuesday. FILE PHOTO - The Citigroup Inc (Citi)...
Two-Step Verification
The process of authentication, or proving who you are, is key to protecting your information, such as your email, social media, or online banking accounts. You may not realize it, but there are three different ways to prove who you are: what you know, such as a password, what you have, such as your ...
Facebook hires former BuzzFeed, Pinterest executives for video content
(Reuters) - Facebook Inc hired the former head of BuzzFeed Studios to lead its global video content and a former Pinterest executive as in charge of its video content platform Facebook Watch, they said in separate social media posts on Monday. A Facebook sign is displayed at the Conservative Politic...
Mexico regulator approves America Movil separation, firm to challenge
MEXICO CITY (Reuters) - Mexico’s telecommunications regulator on Monday said it approved a plan to separate part of American Movil’s fixed-line units into different entities, while the company said it will begin the process but plans to challenge the move in court. FILE PHOTO: The logo o...
Proxy firm Glass Lewis opposes Tesla's massive stock award to Musk
(Reuters) - Influential proxy advisory firm Glass Lewis said Tesla Inc (TSLA.O) shareholders should vote against a proposal to grant Chief Executive Officer Elon Musk performance-based stock options worth about $2.62 billion. FILE PHOTO: SpaceX founder Elon Musk smiles at a press conference followin...