(Reuters) - Hedge fund managers Carl Icahn and Darwin Deason demanded on Monday that Xerox Corp (XRX.N) explore strategic alternatives and said they would join forces to elect four new members to the board, prodding the company’s shares higher. Icahn and Deason, who together own over 15 percen...

STOCKHOLM (Reuters) - Nordea has forbidden all its roughly 31,000 employees from trading in cryptocurrencies such as bitcoin due to high risks, it said on Monday. The Nordic region’s biggest bank said the ban will be imposed from Feb. 28. “The risks are seen as too high and the protectio...

ZURICH (Reuters) - One of the top lawyers in the booming cryptocurrency industry says the legal structure he helped set up to raise funds for new virtual currencies is “old, inflexible and stupid” and may no longer be fit for purpose. The Swiss lawyer’s comments come as regulators ...

NEW YORK (Reuters) - More than 10 percent of funds raised through “initial coin offerings” are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks of investing in cryptocurrency projects online. The professional services firm analyz...

SAN FRANCISCO (Reuters) - Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the rules will be enforced. The General Data Protection Regulatio...

PARIS (Reuters) - At his Paris workshop, haute couturier Julien Fournie is surveying the final tucks and tweaks to his outfits as models try on his hand-stitched silk gowns, bringing to life creations he first sketched on a tablet.  Fournie is one of few designers trying to propel fashion into ...

MOSCOW (Reuters) - Two of Microsoft’s official distributors in Russia have imposed restrictions on sales of Microsoft software to more than 200 Russian companies following new U.S. sanctions, according to notifications circulated by the distributors. While much of the focus around U.S. sanctio...

(Reuters) - Investor Carl Icahn and Darwin Deason, the biggest- and third-largest shareholders of Xerox Corp, jointly plan to push the printer and photocopier maker to explore options, including a sale of the firm, the Wall Street Journal reported on Sunday. Icahn and Deason, who together own 15.7 p...

Several years ago, home networks were relatively simple. They were usually nothing more than a wireless access point and computer or two used for surfing the Internet, online shopping, or gaming. However, home networks have become increasingly complex. We now connect far more devices to these networ...

TOKYO (Reuters) - Toshiba Corp (6502.T) is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March, the Financial Times reported on Monday. The IPO is one of various contingency plans being l...

(Reuters) - Hedge fund investor Carl Icahn and another major owner of Xerox Corp stock, Darwin Deason, are pushing the digital print technology provider to explore strategic alternatives, including a sale, the Wall Street Journal reported on Sunday. Icahn and Deason also want Xerox Chief Executive J...

BRUSSELS (Reuters) - Facebook (FB.O) said on Monday it will open three new centers in Europe to train people in digital skills and committed to training one million people over the next two years, part of the social media giant’s drive to show its contribution to the bloc. The U.S. company - w...

MUNICH (Reuters) - Facebook (FB.O) executives are fanning out across Europe this week to address the social media giant’s slow response to abuses on its platform, seeking to avoid further legislation along the lines of a new hate speech law in Germany it says goes too far. Facebook’s com...

SEATTLE (Reuters) - Amazon.com Inc (AMZN.O) will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattle store, known as Amazon Go, relies on c...

SAN FRANCISCO (Reuters) - Facebook Inc will prioritize “trustworthy” news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday. The company, which has more than...

(Reuters) - Twitter Inc, which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service. The company said it would be emailing notifications to 677,775 p...

(Reuters) - The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd’s (AVGO.O) $103 billion hostile bid for Qualcomm Inc (QCOM.O), Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny. The FTC review is p...

WASHINGTON (Reuters) - AT&T (T.N), owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner (TWX.N), their lawyer Daniel Petrocelli said in a pre-trial hearing on Fri...

WASHINGTON (Reuters) - U.S. President Donald Trump on Friday said he had signed into law a bill renewing the National Security Agency’s warrantless internet surveillance program. “Just signed 702 Bill to reauthorize foreign intelligence collection,” Trump said on Twitter, referring...

SAN FRANCISCO (Reuters) - Facebook Inc will change the ranking of its News Feed to give priority to trustworthy news sources above those that its users do not consider trustworthy, Chief Executive Mark Zuckerberg said on Friday. Zuckerberg said in a post on Facebook that the social media network wou...

(Reuters) - The U.S. Federal Trade Commission is set to make a second request for information on chipmaker Broadcom Ltd’s $103 billion hostile bid for Qualcomm Inc, people familiar with the matter said on Friday, indicating heightened antitrust scrutiny. The FTC review is part of a process und...

(Reuters) - Amazon.com Inc (AMZN.O) raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2 on Friday, making the case for subscribers to upgrade to an annual plan. It was the first increase of Prime fees in almost four years and comes at the e...

(Reuters) - Amazon.com Inc (AMZN.O) on Friday raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to $12.99 from $10.99, while maintaining the annual fee. The company also hiked the monthly subscription fee for Amazon Prime Student members, its service targeting c...

(Reuters) - Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a “disappointing” full-year profit forecast showed that the company would take more time to get back on a path of steady growth. IBM’s results call after U.S. markets closed on Thurs...

MUMBAI (Reuters) - China’s Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea’s Samsung has dominated for more than five years. A little over three years after Xiaomi entered India, its cheap, high-spec handsets have helped ...

NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said. Tech-savvy young investors, real estate ...

(Reuters) - China will crack down on online pyramid schemes, including speculation masked as cryptocurrencies and online games, the public security ministry said on Friday. The ministry will act jointly with the industrial and commercial department to stamp out pyramid-type schemes, besides punishin...

HONG KONG (Reuters) - Top executives of Huawei Technologies Co [HWT.UL], including founder Ren Zhengfei, will pay a self-imposed fine totaling 3 million yuan ($469,000) for management oversight of some quality breaches at the firm, an internal company memo shows. In a notice sent to Huawei staff on ...

JAKARTA/KUTA, Indonesia (Reuters) - Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia’s biggest economy over the risks posed by virtual currencies, an official said. The probe started after the central...

FRANKFURT (Reuters) - Finland’s Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country’s mobile subscribers. The contract marks Nokia’s first sizeable deal fo...