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Reuters Technology
Dec 18, 2017

Toyota to make over 10 battery EV models globally in early 2020s
TOKYO (Reuters) - Toyota Motor Corp will make more than 10 battery electric car models globally in the early 2020s, with sales starting in China, the company said on Monday.

Reuters Technology
Dec 17, 2017

China's Tencent, JD.com invest $863 million in online retailer Vipshop
BEIJING (Reuters) - Chinese social media firm Tencent Holdings Ltd and e-commerce platform JD.com Inc on Monday said they will jointly invest $863 million in Chinese discount online retailer Vipshop Holdings Ltd .

Reuters Technology
Dec 17, 2017

Oracle Corp to buy Australia's Aconex for $1.19 billion
Sydney (Reuters) - Australia's Aconex Ltd said on Monday it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from U.S. software major Oracle Corp , sending the target's share price up 45 percent.

Reuters Technology
Dec 17, 2017

Bitcoin hits bigger stage as exchange giant CME launches futures
NEW YORK (Reuters) - CME Group Inc, the world's largest derivatives exchange operator, began trading bitcoin futures on Sunday, with the contract opening at what is currently its session high and dropping over 6 percent within the first half hour.

Reuters Technology
Dec 17, 2017

Rio Tinto to retrofit Pilbara trucks for autonomous handling
SYDNEY (Reuters) - Mining giant Rio Tinto Ltd said it plans to expand its fleet of autonomous trucks operating in Australia's Pilbara iron-ore region, part of a cost-cutting program across its operations.

Reuters Technology
Dec 17, 2017

Equinix to buy Australia's Metronode data center group for $791 million
SYDNEY (Reuters) - U.S. data center group Equinix Inc on Monday said it was buying Australian data center company Metronode from the Ontario Teachers' Pension Plan in an all-cash deal worth A$1.035 billion ($791.15 million).

Reuters Technology
Dec 17, 2017

Aconex receives $1.19 billion takeover offer from Oracle Corp
(Reuters) - Aconex Ltd said on Monday it had received a A$1.56 billion ($1.19 billion), or A$7.80 in cash per share, buyout offer from U.S. software major Oracle Corp .

Reuters Technology
Dec 17, 2017

French finance minister calls for bitcoin regulation debate at G20
PARIS (Reuters) - France will propose that the G20 group of major economies discuss regulation of the bitcoin virtual currency next year, Finance Minister Bruno Le Maire said on Sunday.

Reuters Technology
Dec 17, 2017

Thales agrees 4.8 billion euro Gemalto takeover, Atos throws in towel
PARIS (Reuters) - Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 4.8 billion euros ($5.6 billion), trumping an earlier bid by fellow French firm Atos to expand in the fast-growing digital security market.

Reuters Technology
Dec 17, 2017

Thales agrees 4.8 billion euro Gemalto takeover to trump rival French bid
PARIS (Reuters) - Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 4.8 billion euros ($5.6 billion), trumping an earlier bid by fellow French firm Atos to take aim at a fast-growing digital security market.

Reuters Technology
Dec 17, 2017

Aerospace giant Thales agrees Gemalto takeover, trumps Atos offer
PARIS (Reuters) - Aerospace and defense technology group Thales has agreed to buy chipmaker Gemalto in an all-cash offer, promising to create a 'world leader in digital security' and trumping an earlier takeover bid by tech firm Atos.

Reuters Technology
Dec 17, 2017

Second bitcoin futures debut could lure volume to wild market
NEW YORK (Reuters) - Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world's largest derivatives exchange operator, launches its own contract to wager on the cryptocurrency on Sunday.

Reuters Technology
Dec 17, 2017

French aerospace giant Thales agrees acquisition of Gemalto: statement
PARIS (Reuters) - French aerospace and defense technology group Thales has agreed to buy chipmaker Gemalto at a price of 51 euros per share, with the aim of creating a 'world leader in digital security', the companies said in a joint statement on Sunday.

Reuters Technology
Dec 15, 2017

Uber should have given court an ex-employee's letter about 'fraud and theft' in Waymo case
SAN FRANCISCO (Reuters) - Ride hailing company Uber was obligated to turn over to a U.S. federal judge a letter from a former employee that told of the company's 'fraud and theft' and mentioned evidence of stolen trade secrets nailed 'like a scalp' to the wall, a court official said Friday.

Reuters Technology
Dec 15, 2017

North Korean hackers behind attacks on cryptocurrency exchanges, South Korean newspaper reports
SEOUL (Reuters) - South Korea's spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday.

Reuters Technology
Dec 15, 2017

TD Ameritrade to start bitcoin futures trading on Monday
(Reuters) - Retail brokerage TD Ameritrade Holding Corp said on Friday it will allow clients to trade bitcoin futures on the newly minted CBOE Futures Exchange from Dec. 18.

Reuters Technology
Dec 15, 2017

Embraer sees 2024 commercial launch for Uber flying cabs
SAO PAULO (Reuters) - A network of electric aircraft Uber Technologies Inc is developing with Embraer SA is likely to launch commercially in 2024, the Brazilian planemaker's chief executive said on Friday, adding a year to the latest forecast from the ride-hailing company.

Reuters Technology
Dec 15, 2017

False paradise? EU is no haven of Net neutrality, say critics
LISBON/MILAN (Reuters) - America's decision to scrap rules designed to ensure a free and open internet leaves the European Union as the biggest market where Net neutrality still prevails -- but critics say the EU is not a level playing field.

Reuters Technology
Dec 15, 2017

U.S. Justice Department, AT&T settlement talks failed: court filing
WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday.

Reuters Technology
Dec 15, 2017

Facebook defends itself against critics of social media
SAN FRANCISCO (Reuters) - Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world's biggest social media network and its competitors for transforming how people behave and express emotion.

Reuters Technology
Dec 15, 2017

Blockchain consortium Hyperledger loses members, funding: documents
NEW YORK (Reuters) - More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters.

Reuters Technology
Dec 15, 2017

EU agrees clampdown on bitcoin platforms to tackle money laundering
BRUSSELS (Reuters) - European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.

Reuters Technology
Dec 15, 2017

Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials
WASHINGTON (Reuters) - The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the matter told Reuters.

Reuters Technology
Dec 15, 2017

Brazil's Embraer eyes 2024 commercial launch for Uber partnership: CEO
SAO PAULO (Reuters) - A partnership that Brazilian planemaker Embraer SA has struck with U.S. ride-hailing application Uber Technologies Inc will launch its first test flight in 2020, and aims to start commercial service in 2024, an executive said on Friday.

Reuters Technology
Dec 15, 2017

EU agrees stricter bitcoin rules against money laundering, terrorist financing
BRUSSELS (Reuters) - The European Union agreed stricter rules to prevent money laundering and terrorist financing on bitcoin platforms on Friday.

Reuters Technology
Dec 15, 2017

After U.S. decision, France says will continue to defend net neutrality
PARIS (Reuters) - France will continue to defend 'net neutrality' irrespective of what other countries may do, Foreign Minister Jean-Yves Le Drian said on Friday, after a United States commission voted to ditch rules on the issue.

Reuters Technology
Dec 15, 2017

U.S. internet rule change leaves major streaming companies unscathed for now
SAN FRANCISCO (Reuters) - Behind your video stream of a hit like 'Stranger Things' is a complicated array of technology and business relationships that will not change very much, at least in the short term, as a result of this week's repeal of U.S. regulations on internet traffic, industry insiders say.

Reuters Technology
Dec 15, 2017

EU court rejects U.S. intervention in Apple's Irish $15 billion tax case
BRUSSELS (Reuters) - Europe's second-highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case.

Reuters Technology
Dec 15, 2017

Amazon to pay 100 million euros to settle Italy tax dispute
MILAN (Reuters) - Italy's tax authority said on Friday it had reached an agreement with e-commerce giant Amazon to settle outstanding tax claims covering the period 2011-2015.

Reuters Technology
Dec 15, 2017

Battery suppliers struggle to keep up with demand for Porsche's Panamera
LEIPZIG, Germany (Reuters) - Battery suppliers are struggling to cope with buoyant demand for Porsche's Panamera hybrid sedan, the sports car maker told Reuters, in a sign parent Volkswagen's shift to cleaner vehicles may be paying off, but also of the challenges involved.

Reuters Technology
Dec 15, 2017

UK watchdog to take closer look at initial coin offerings
LONDON (Reuters) - Britain's markets watchdog will step up its scrutiny of the initial coin offering (ICO) market to see if new rules are needed to protect investors after issuing an alert in September.

Reuters Technology
Dec 15, 2017

Suspected North Korean cyber group seeks to woo bitcoin job seekers
FRANKFURT (Reuters) - The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group's activities.

Reuters Technology
Dec 15, 2017

Regulator slaps conditions on D.Telekom all-you-can-watch video product
FRANKFURT (Reuters) - Germany's regulator ordered Deutsche Telekom on Friday to offer an all-you-can-watch video product on the same terms throughout the European Union, in a decision the company slammed as 'incomprehensible', saying it would appeal.

Reuters Technology
Dec 15, 2017

Amazon to pay 100 million euros to settle Italy tax dispute: statement
MILAN (Reuters) - Italy's inland revenue service said on Friday it had reached an agreement with Amazon to settle outstanding tax claims covering the period 2011-2015.

Reuters Technology
Dec 15, 2017

Danish central bank says 'no' to e-crown
COPENHAGEN (Reuters) - Introducing a digital version of the Danish crown currency would pose risks to financial stability without improving payment solutions for Danes, the central bank said on Friday.

Reuters Technology
Dec 15, 2017

Bitcoin hits new record high as warnings grow louder
LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.

Reuters Technology
Dec 15, 2017

Siemens buys Fast Track Diagnostics to boost molecular offering
FRANKFURT (Reuters) - Siemens said it has agreed to buy Luxembourg-based Fast Track Diagnostics to boost its molecular-testing offering, one of the areas it is keen to expand as it prepares to float its healthcare unit, Healthineers.

Reuters Technology
Dec 15, 2017

SAP says one-off item to reduce 2017 tax bill
FRANKFURT (Reuters) - German business software group SAP SE said on Friday lowered the forecast for its expected effective tax rate in 2017 to reflect the impact of an intra-group transfer of intellectual property rights.

Reuters Technology
Dec 15, 2017

Luxembourg challenges EU order to recover tax from Amazon
BRUSSELS (Reuters) - Luxembourg is challenging a European Union order to recover about 250 million euros ($295 million) in back taxes from Amazon, saying it disagreed with EU state aid regulators' decision that the U.S. online retailer had received special treatment.

Reuters Technology
Dec 15, 2017

Bitcoin hits new record high as warnings grow
LONDON (Reuters) - Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns grew over the risks of investing in the highly volatile and speculative instrument.

Reuters Technology
Dec 15, 2017

India raises import tax on cellphones, move to hurt Apple
NEW DELHI (Reuters) - India has increased the import tax on dozens of electronic products such as mobile phones and television sets, a government statement said, to help curb supplies from overseas and build up the domestic industry.

Reuters Technology
Dec 15, 2017

BMW to build Czech test track for self-driving cars
BERLIN (Reuters) - German luxury automaker BMW said on Friday it will spend over 100 million euros ($118 million) on a test track for self-driving and electric cars in the Czech Republic, as it expands its foray into alternative driving technologies.

Reuters Technology
Dec 15, 2017

Siemens partners with Amazon as it ramps up industrial software platform
MUNICH (Reuters) - Siemens is partnering with Amazon as it accelerates the rollout of its MindSphere industrial software platform, the core of its bid to dominate the market in digital factory automation.

Reuters Technology
Dec 15, 2017

Transneft says its computers were used for mining cryptocurrency
MOSCOW (Reuters) - Computers at Transneft have been used for the unauthorized manufacture, or 'mining', of the cryptocurrency Monero, a vice-president of the Russian pipeline operator said.

Reuters Technology
Dec 15, 2017

South Korea's Kakao to issue GDRs of up to $1 billion for M&A
SEOUL (Reuters) - South Korean messaging app service provider Kakao Corp said on Friday it is targeting raising up to $1 billion overseas for use in global mergers and acquisitions.

Reuters Technology
Dec 15, 2017

BT and Sky strike deal to carry each other's channels
LONDON (Reuters) - Britain's leading pay-TV companies Sky and BT have agreed to supply their most popular channels to each other's platforms in a thawing of a once difficult relationship.

Reuters Technology
Dec 15, 2017

Uber Eats to offer couriers insurance in Europe
BRUSSELS (Reuters) - Uber's [UBER.UL] food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of 'gig economy' workers.

Reuters Technology
Dec 14, 2017

Indonesia's Go-Jek acquires three companies to boost payment services
JAKARTA (Reuters) - Indonesia's Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

Reuters Technology
Dec 14, 2017

Moves in South Korea to make cryptocurrency trading more transparent
SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

Reuters Technology
Dec 14, 2017

South Korea blockchain association announces virtual currency transparency measures
SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

Reuters Technology
Dec 14, 2017

Prosecutors say Long Island woman tried to use bitcoin to aid Islamic State
(Reuters) - A suburban New York hospital technician accused of using bitcoin and other cryptocurrencies to launder money meant for the militant group Islamic State was arrested on charges of money laundering in support of a foreign terrorist organization and bank fraud, prosecutors said Thursday.

Reuters Technology
Dec 14, 2017

Uber investor departs venture firm amid harassment claims
SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc, said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.

Reuters Technology
Dec 14, 2017

U.S. panel urges regulators to monitor financial innovation risks
WASHINGTON (Reuters) - A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that 'fintech' and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

Reuters Technology
Dec 14, 2017

Facebook to use its News Feed to push more videos to users
SAN FRANCISCO (Reuters) - Facebook Inc said on Thursday it would begin to promote videos more prominently inside its News Feed, leveraging the social network's centerpiece product to build interest in episodic shows and compete more directly with YouTube.

Reuters Technology
Dec 14, 2017

Amazon to start selling Apple TV, Google Chromecast
(Reuters) - Amazon.com Inc will start selling Google Chromecast and Apple TV, which compete against its Fire TV, on its online store, an Amazon spokeswoman told Reuters on Thursday.

Reuters Technology
Dec 14, 2017

U.S. regulators ditch net neutrality rules as legal battles loom
WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

Reuters Technology
Dec 14, 2017

Court reverses Dell buyout ruling that alarmed dealmakers
WILMINGTON, Del. (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, a ruling that had allowed hedge funds to wring extra cash from the deal.

Reuters Technology
Dec 14, 2017

German court rules against foreign intelligence mass communication surveillance
BERLIN (Reuters) - Germany's foreign intelligence agency (BND) must not store the metadata - such as phone numbers - of international phone calls for the purpose of intelligence analysis, a court rules on Thursday.

Reuters Technology
Dec 14, 2017

Federal Communications Commission repeals net neutrality rules
WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

Reuters Technology
Dec 14, 2017

Hackers halt plant operations in watershed cyber attack
(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.

Reuters Technology
Dec 14, 2017

Delaware court reverses controversial Dell buyout ruling
WILMINGTON, Del (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in its controversial finding last year that the 2013 buyout of computer maker Dell Inc was vastly underpriced.

Reuters Technology
Dec 14, 2017

Protesters gather as U.S. regulators meet to end net neutrality
WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind rules aimed at ensuring a free and open internet, as protesters gathered to oppose the change.

Reuters Technology
Dec 14, 2017

Sberbank CFO says previous talks with Alibaba finished
LONDON (Reuters) - Russian lender Sberbank's talks with Chinese e-commerce giant Alibaba have finished in their current form, the bank's Chief Financial Officer Alexander Morozov said on Thursday.

Reuters Technology
Dec 14, 2017

Spotify price tag rises ahead of filing for NYSE listing: sources
STOCKHOLM (Reuters) - The value of music streaming service Spotify, which is planning a stock market listing, has grown around 20 percent to at least $19 billion in the past few months, outperforming U.S. and European tech indexes, sources familiar with the matter said.

Reuters Technology
Dec 14, 2017

Malaysia issues draft regulations for crypto currency businesses
KUALA LUMPUR (Reuters) - Malaysia's central bank on Thursday said it had issued draft regulations for digital currency businesses, but said that such currencies were still not legal tender in the country.

Reuters Technology
Dec 14, 2017

Hackers shut down infrastructure safety system in attack: FireEye
(Reuters) - Hackers likely working for a nation-state recently penetrated the safety system of a critical infrastructure facility in an attack that caused operations to shut down, according to cyber security firm FireEye Inc, which said it investigated the incident.

Reuters Technology
Dec 14, 2017

Google Brain co-founder teams with Foxconn to bring AI to factories
(Reuters) - Andrew Ng, co-founder of some of Alphabet Inc -owned Google's most prominent artificial intelligence projects, on Thursday launches a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor.

Reuters Technology
Dec 14, 2017

Online shopping won't grow forever, says Unibail boss creating malls giant
SYDNEY/PARIS (Reuters) - Online shopping has its limits and physical stores will never go out of fashion, says the CEO of Unibail-Rodamco which is betting $16 billion on buying Westfield to create a global mall giant.

Reuters Technology
Dec 14, 2017

Denmark considers using cryptocurrencies for humanitarian aid
COPENHAGEN (Reuters) - Denmark sees potential for blockchain technology in humanitarian aid and said on Thursday it is considering becoming the first donor country to move money using cryptocurrencies.

Reuters Technology
Dec 14, 2017

Gibraltar launches financial services license for blockchain
LONDON (Reuters) - Gibraltar's financial services watchdog will introduce the world's first bespoke license for 'fintech' firms using blockchain distributed ledger technology from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit.

Reuters Technology
Dec 14, 2017

Tech firm raises $118 million in virtual coin offer to fund blockchain phone
TEL AVIV (Reuters) - Swiss-Israeli technology firm Sirin Labs said on Thursday it had raised $118 million in an initial coin offering (ICO) to support the development of an open source blockchain smartphone.

Reuters Technology
Dec 14, 2017

Federal Communications Commission set to reverse net neutrality rules
WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind net neutrality rules championed by Democratic former President Barack Obama that barred the blocking or slowing of internet traffic.

Reuters Technology
Dec 14, 2017

Atos shares fall 2.8 percent after Gemalto rejects takeover bid
PARIS (Reuters) - Shares in Atos fell as much as 2.8 percent early on Thursday after Franco-Dutch chip maker Gemalto rejected its 4.3 billion euro ($5 billion) takeover bid.

Reuters Technology
Dec 14, 2017

In major shift, Rakuten plots to become Japan's No. 4 wireless carrier
TOKYO (Reuters) - Japanese e-commerce firm Rakuten Inc said it would apply for a 4G mobile license, aiming to become the country's fourth major wireless carrier in a strategic shift that had analysts warning of an uphill battle to gain customers.

Reuters Technology
Dec 13, 2017

Rakuten seeks license to become Japan's fourth major mobile carrier
TOKYO (Reuters) - Japanese online retailer Rakuten Inc said on Thursday it will apply for a fourth generation mobile carrier license, a move that if successful would see it become the country's fourth major wireless carrier.

Reuters Technology
Dec 13, 2017

Finisar deal helps Apple block rivals' path to AR features
SAN FRANCISCO (Reuters) - Apple Inc's $390 million deal with chip supplier Finisar Corp announced on Wednesday helps lock in the supply of a component that Apple believes will play a big role in its future products by bolstering augmented reality features.

Reuters Technology
Dec 13, 2017

Rakuten eying entry into Japan's mobile carrier market: source
TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

Reuters Technology
Dec 13, 2017

Rakuten eyeing entry into Japan's mobile carrier market: source
TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

Reuters Technology
Dec 13, 2017

T-Mobile to launch TV service in 2018, buy Layer3 TV
NEW YORK (Reuters) - T-Mobile US Inc said on Wednesday that it would launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount.

Reuters Technology
Dec 13, 2017

Three U.S. men plead guilty to crimes tied to 2016 botnet attacks
(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks.

Reuters Technology
Dec 13, 2017

Apple grants $390 million to Finisar to boost laser chip production
(Reuters) - Apple Inc said on Wednesday it had awarded $390 million to optical components maker Finisar Corp to boost production of laser chips that power iPhone X's features such as Face ID, Animoji and portrait mode photos.

Reuters Technology
Dec 13, 2017

Mexican authorities warn cryptocurrency offerings could be a crime
MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments and said fundraising programs known as initial coin offerings (ICOs) could potentially violate Mexican financial law.

Reuters Technology
Dec 13, 2017

Trump administration calls for government IT to adopt cloud services
WASHINGTON (Reuters) - The White House said Wednesday the U.S. government needs a major overhaul of information technology systems and should take steps to better protect data and accelerate efforts to use cloud-based technology.

Reuters Technology
Dec 13, 2017

Three men plead guilty to crimes tied to 2016 botnet attacks
(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court documents.

Reuters Technology
Dec 13, 2017

Mexico authorities warn of risks of cryptocurrencies
MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday of the risks associated with cryptocurrencies and investment schemes known as initial coin offerings.

Reuters Technology
Dec 13, 2017

Three men to plead guilty to crimes tied to 2016 botnet attacks
(Reuters) - A former Rutgers University student and two other men have agreed to plead guilty to computer crimes related to the creation and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court documents.

Reuters Technology
Dec 13, 2017

Bitcoin fever exposes crypto-market frailties
LONDON/NEW YORK (Reuters) - As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.

Reuters Technology
Dec 13, 2017

Finisar gets $390 million from Apple to make more iPhone X chips
(Reuters) - Finisar Corp is getting a $390 million investment from Apple Inc to revive a plant in Texas, which will boost production of chips that power high-profile iPhone X features including Face ID and portrait mode photos.

Reuters Technology
Dec 13, 2017

T-Mobile to launch new television service in 2018, acquire Layer3 TV
NEW YORK (Reuters) - U.S. No. 3 wireless carrier T-Mobile US Inc will launch a new television service in 2018 and acquire television technology company Layer3 TV Inc for an undisclosed amount as part of its plans, it said on Wednesday.

Reuters Technology
Dec 13, 2017

France proposes age-of-consent rule for Facebook users
PARIS (Reuters) - All French children under the age of 16 will have to seek parental approval to open an account on Facebook or any other social network under draft legislation presented on Wednesday.

Reuters Technology
Dec 13, 2017

U.S. says hacker to plead guilty for role in 2016 cyber attacks
(Reuters) - The U.S. Department of Justice has caught one of the people involved in creating the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court papers.

Reuters Technology
Dec 13, 2017

Greek top court clears way for U.S. extradition of Russian cybercrime suspect
ATHENS (Reuters) - Greece's top court cleared the way on Wednesday for the extradition to the United States of a Russian man, also wanted in Moscow, suspected of having laundered billions of dollars in the digital currency bitcoin.

Reuters Technology
Dec 13, 2017

Germany monitoring bitcoin market impact: FinMin
BERLIN (Reuters) - Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange.

Reuters Technology
Dec 13, 2017

Greek top court paves way for U.S. extradition of Russian bitcoin fraud suspect
ATHENS (Reuters) - Greece's Supreme Court on Wednesday paved the way for the extradition to the United States of Russian bitcoin fraud suspect Alexander Vinnik.

Reuters Technology
Dec 13, 2017

Apple to invest $390 million in Finisar to ramp up chip production
(Reuters) - Apple Inc will give Finisar Corp $390 million to increase production of chips that power high-profile iPhone X features including Face ID, Animojis and portrait-mode photos.

Reuters Technology
Dec 13, 2017

Deutsche Telekom, EWE to invest 2 billion euros in German fiber buildout
BERLIN (Reuters) - Deutsche Telekom is partnering with EWE AG [LANDWE.UL] to invest 2 billion euros ($2.4 billion) in building out a superfast glass-fiber broadband network in northwestern Germany, the companies said on Wednesday.

Reuters Technology
Dec 13, 2017

Apple to invest $390 million in chipmaker Finisar
(Reuters) - Apple Inc said on Wednesday it would invest $390 million in Finisar Corp, which it will use to build out a plant in Texas to make chips that power popular iPhone features such as face ID, animojis and portrait-mode selfies.

Reuters Technology
Dec 13, 2017

China's HNA says U.S lawsuit over failed deal 'baseless'
HONG KONG (Reuters) - China's HNA Group [HNAIRC.UL] said on Wednesday a U.S. lawsuit against the company and its Beijing-based unit Pactera Technology International Ltd over a failed acquisition was 'baseless and without merit'.

Reuters Technology
Dec 13, 2017

British city of Sheffield gives Uber a welcome boost
LONDON (Reuters) - The northern English city of Sheffield has lifted a suspension on Uber's operating license after it provided satisfactory answers to questions about the taxi app's management, in a boost to the firm's British operations.

Reuters Technology
Dec 13, 2017

Behind bitcoin boom, Japanese retail investors pile in
TOKYO (Reuters) - Japan's army of retail investors, no strangers to high risk bets in the past, have emerged as a major force in bitcoin's spectacular rally, now accounting for an estimated 30-50 percent of trading in the cryptocurrency as it spikes to record highs.

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