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Reuters Technology
Feb 22, 2018

GoDaddy revenue tops estimates as customer base expands
(Reuters) - GoDaddy Inc's quarterly revenue topped Wall Street estimates on Thursday, as the web-hosting company earned more from each user and expanded customer base with its acquisition of Host Europe Group.

Reuters Technology
Feb 22, 2018

HP Inc results beat estimates, raises 2018 profit forecast
HP Inc reported first-quarter revenue and profit on Thursday above Wall Street estimates as it sold more personal computers and printers, helping the company raise its full-year profit forecast.

Reuters Technology
Feb 22, 2018

GoDaddy beats revenue estimates, shares rise
(Reuters) - GoDaddy Inc reported better-than-expected revenue on Thursday, as the web-hosting company earned more from each user and expanded its customer base with its acquisition of Host Europe Group.

Reuters Technology
Feb 22, 2018

HP Inc quarterly results beat estimates on higher PC sales
HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a better-than-expected revenue and profit in the first quarter as the company sold more personal computers and printers.

Reuters Technology
Feb 22, 2018

GoDaddy reports 24 percent rise in quarterly revenue
(Reuters) - GoDaddy Inc on Thursday reported a 24 percent rise in quarterly revenue, as the web-hosting company expanded its customer base with its acquisition of Host Europe Group last year.

Reuters Technology
Feb 22, 2018

States refile lawsuits to block repeal of U.S. net neutrality
WASHINGTON (Reuters) - A coalition of 22 state attorneys general and the District of Columbia on Thursday refiled legal challenges intended to block the Trump administration's repeal of landmark rules designed to ensure a free and open internet from taking effect.

Reuters Technology
Feb 22, 2018

Intel did not tell U.S. cyber officials about chip flaws until made public
(Reuters) - Intel Corp did not inform U.S. cyber security officials of the so-called Meltdown and Spectre chip security flaws until they leaked to the public, six months after Alphabet Inc notified the chipmaker of the problems, according to letters sent by tech companies to lawmakers on Thursday.

Reuters Technology
Feb 22, 2018

Palantir ordered to open books to investor seeking U.S. fraud probe
WILMINGTON, Del. (Reuters) - Data analytics and security company Palantir Technologies Inc must open its books to early investor Marc Abramowitz, who wants to investigate possible fraud and mismanagement at one of the most highly valued private U.S. companies, a judge ruled on Thursday.

Reuters Technology
Feb 22, 2018

Mexico's Televisa to create content for Amazon Prime
MEXICO CITY (Reuters) - Mexican broadcaster Televisa said on Thursday that it plans to start producing original content to be distributed on Amazon.com Inc's platform, underscoring streaming services' increasing efforts to woo Latin American audiences.

Reuters Technology
Feb 22, 2018

Groups refile lawsuits to block net neutrality reversal
WASHINGTON (Reuters) - Web browser developer Mozilla Corp and video-sharing website Vimeo Inc said on Thursday they had refiled legal challenges intended to block the Trump administration's repeal of landmark net neutrality rules from taking effect.

Reuters Technology
Feb 22, 2018

Snap chief earns $638 million in 2017, third-highest CEO payout ever
(Reuters) - Snap Inc Chief Executive Officer Evan Spiegel received $637.8 million as total compensation as the company went public last year, the third-highest annual payout ever received by a company's chief executive.

Reuters Technology
Feb 22, 2018

Stymied by regulators, Airbnb looks to luxury vacations, hotels for growth
SAN FRANCISCO (Reuters) - Airbnb is rolling out new services aimed at attracting travelers looking for luxury accommodations and traditional hotels, the latest move to contend with sputtering growth in its original home-renting business.

Reuters Technology
Feb 22, 2018

Wait, I know you: home security startup taps face-recognition tech
(Reuters) - A team of engineers that worked on self-driving cars and helped invent Google Street View wants to help people guard their homes against intruders using the same style of facial recognition that unlocks smart phones.

Reuters Technology
Feb 22, 2018

Snap CEO Spiegel receives $638 million in compensation for IPO year
(Reuters) - Snap Inc Chief Executive Officer Evan Spiegel received $637.8 million as total compensation during 2017, the year the company went public, according to a security filing on Thursday.

Reuters Technology
Feb 22, 2018

Irish taxman sees disputed Apple bill remaining around $16 billion
DUBLIN (Reuters) - Ireland expects the final disputed tax bill that the European Commission ordered it to collect from Apple to be "in the ballpark" of the 13 billion euros ($16 billion) estimated, the head of the country's tax collectors said on Thursday.

Reuters Technology
Feb 22, 2018

Mexico's Televisa to partner with Amazon on content for video
MEXICO CITY (Reuters) - Mexican broadcaster Televisa announced on Thursday it would partner with Amazon to distribute original content on the e-commerce giant's video streaming platform.

Reuters Technology
Feb 22, 2018

European regulator proposes hack protection, geo-awareness for drones
FRANKFURT (Reuters) - Europe's aviation safety authority has proposed anti-hacking measures and geo-awareness technology for small drones to avoid collisions with aircraft or people, taking an important step toward Europe-wide regulation.

Reuters Technology
Feb 22, 2018

Olympics: Holograms may help more fans catch the action at Tokyo Games
TOKYO (Reuters) - Japanese telecommunications company NTT is hoping to bring an added dimension to the 2020 Tokyo Olympics by projecting live sporting events with its 3D hologram technology.

Reuters Technology
Feb 22, 2018

Sports betting will gain from UK crackdown on slot machines: Playtech CEO
(Reuters) - If the UK government makes good on promises to cut stakes on fixed odds slot machines, consumers and gambling shops will flip to sports betting terminals instead, the head of the world's largest gambling software maker said on Thursday.

Reuters Technology
Feb 22, 2018

Investors take flight after Angry Birds maker warns on profit
HELSINKI (Reuters) - Angry Birds game maker Rovio Entertainment warned on profits on Thursday, wiping more than 40 percent off the Finnish company's shares and leaving investors nursing big losses following a flotation last September.

Reuters Technology
Feb 22, 2018

Israeli chipmaker TowerJazz profit up, first quarter guidance misses forecast
TEL AVIV (Reuters) - Israeli chip maker TowerJazz reported higher-than-expected fourth quarter net profit on Thursday but its guidance for revenues in the first quarter was lower than forecasts, sending its shares down.

Reuters Technology
Feb 22, 2018

Uber will aggressively invest in Southeast Asia, won't let SoftBank rule it: CEO
NEW DELHI (Reuters) - Uber Technologies Inc's [UBER.UL] chief executive pledged to continue investing aggressively in Southeast Asia even though the U.S. ride hailing firm expects to lose money in the fast growing market due to costly battles with rivals such as Grab.

Reuters Technology
Feb 22, 2018

Uber will aggressively invest in SE Asia, preserve strategy post SoftBank deal
NEW DELHI (Reuters) - Uber Technologies Inc's chief executive pledged to continue investing aggressively in Southeast Asia even though the U.S. ride hailing firm expects to lose money in the fast growing market due to costly battles with rivals such as Grab.

Reuters Technology
Feb 22, 2018

Uber CEO says no change in India business after SoftBank deal
NEW DELHI (Reuters) - Uber Technologies Inc does not expect any change in its India operations following an investment deal with Japan's SoftBank Group, which also has a stake in the U.S. firm's India rival Ola, Uber's chief executive said on Thursday..

Reuters Technology
Feb 22, 2018

Japan MOF's Asakawa: to actively engage in G20 debate on cryptocurrencies
TOKYO (Reuters) - Japan's top financial diplomat Masatsugu Asakawa said on Thursday that G20 finance leaders would raise the issue of cryptocurrencies at their meeting in Buenos Aires in March.

Reuters Technology
Feb 22, 2018

South Korean chat app becomes new outlet for #MeToo movement
SEOUL (Reuters) - A chat app where South Koreans can anonymously dish the dirt on their misbehaving bosses and colleagues is belatedly stirring the country's #MeToo movement, shedding new light on sexual harassment in the heavily male-dominated corporate culture.

Reuters Technology
Feb 22, 2018

Mexico supreme court says competitors can use America Movil's network
MEXICO CITY (Reuters) - Mexico's Supreme Court ruled on Wednesday that Mexican mogul Carlos Slim's America Movil must allow competitors to use its network and infrastructure, essentially holding up aspects of the 2014 telecoms reform.

Reuters Technology
Feb 21, 2018

British lawmakers launch inquiry into cryptocurrencies
LONDON (Reuters) - Britain's cross-party Treasury Select Committee of lawmakers on Thursday said it is launching an inquiry into digital currencies, as well as the underlying distributed ledger technology.

Reuters Technology
Feb 21, 2018

U.S. arrests operator of shuttered bitcoin investment platform
(Reuters) - The operator of a shuttered bitcoin-denominated exchange was arrested on Wednesday on federal charges that he lied to U.S. securities regulators to avoid taking responsibility for the theft by hackers of virtual currency now worth nearly $70 million.

Reuters Technology
Feb 21, 2018

Twitter bars tactics used by 'bots' to spread false stories
SAN FRANCISCO (Reuters) - Twitter Inc said on Wednesday it would no longer allow people to post identical messages from multiple accounts, cracking down on a tactic that Russian agents and others have allegedly used to make tweets or topics go viral.

Reuters Technology
Feb 21, 2018

U.S. SEC calls for 'clearer' cyber risk disclosure from companies
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including potential weaknesses that have not yet been targeted by hackers.

Reuters Technology
Feb 21, 2018

SEC accuses former bitcoin stock exchange BitFunder of cheating users
(Reuters) - The Securities and Exchange Commission (SEC) on Wednesday accused former bitcoin-denominated platform BitFunder and its operator of running an unregistered securities exchange and defrauding its users.

Reuters Technology
Feb 21, 2018

Netflix, Amazon win new favor after Wall Street sell-off
SAN FRANCISCO (Reuters) - Netflix Inc, Amazon.com Inc and technology companies poised to benefit from U.S. corporate tax cuts are attracting fresh attention on Wall Street after their shares shrugged off recent market turbulence.

Reuters Technology
Feb 21, 2018

U.S. SEC updates guidance on cyber attack disclosure for companies
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including disclosing potential weaknesses that have not yet been targeted by hackers.

Reuters Technology
Feb 21, 2018

U.S. SEC publishes updated guidance on cyber breach disclosure
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission published on Wednesday updated guidance on how public companies should disclose cyber security risks and breaches.

Reuters Technology
Feb 21, 2018

Broadcom cuts Qualcomm offer to $117 billion after new NXP deal
(Reuters) - Microchipmaker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm's decision to raise its own bid for NXP Semiconductors.

Reuters Technology
Feb 21, 2018

Americans prefer bank branches over mobile apps for opening new accounts
NEW YORK (Reuters) - Mobile banking apps keep getting better, but 60 percent of Americans would still rather open a new checking account in person at a bank branch than on a phone, tablet or desktop computer, according to a new survey.

Reuters Technology
Feb 21, 2018

Snapchat promises update after users balk at redesign
(Reuters) - Snap Inc's Snapchat on Tuesday responded to a Change.org petition that asked for a reversal of the messaging app's latest redesign.

Reuters Technology
Feb 21, 2018

Apple in talks with miners to secure cobalt supplies: sources
LONDON (Reuters) - Apple Inc is talking to major cobalt producers to secure supplies of the material vital for the lithium-ion rechargeable batteries that power its mobile phones, three cobalt industry sources said.

Reuters Technology
Feb 21, 2018

Broadcom trims Qualcomm offer to $117 billion after new NXP deal
(Reuters) - Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV .

Reuters Technology
Feb 21, 2018

British bank RBS hires 'digital human' Cora on probation
LONDON (Reuters) - A life-like avatar called Cora is being put through her paces by Royal Bank of Scotland , helping customers with basic queries and giving its digital banking drive a more human face.

Reuters Technology
Feb 21, 2018

Apple turns to miners to lock in cobalt supplies: Bloomberg
(Reuters) - Apple Inc is in talks to buy long-term supplies of cobalt, a silver-gray metal used in iPhone batteries, directly from miners, Bloomberg reported on Wednesday, citing sources.

Reuters Technology
Feb 21, 2018

Avis steers into crowded field for managing ride services fleets
DETROIT (Reuters) - When Avis Budget Group Inc reports its results on Wednesday, executives under pressure from restive shareholders will likely point to the potential for profits from managing fleets of vehicles for ride services and robo-taxi companies.

Reuters Technology
Feb 21, 2018

U.S. Intel plans $5 billion investment in Israeli plant: minister
JERUSALEM (Reuters) - Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmaker.

Reuters Technology
Feb 21, 2018

Broadcom cuts Qualcomm bid to $117 billion
(Reuters) - Broadcom Corp on Wednesday fired its latest salvo against Qualcomm Inc by lowering its takeover offer to $117 billion from $121 billion, a day after the U.S. chipmaker increased its own offer for NXP Semiconductors NV .

Reuters Technology
Feb 21, 2018

Public transit app Moovit raises $50 million in round led by Intel
TEL AVIV (Reuters) - Public transit app Moovit said on Wednesday it raised $50 million in an investment round led by Intel Capital, bringing its total raised to date to $133 million.

Reuters Technology
Feb 21, 2018

Nokia sees no path for 'struggling' digital health business: memo
HELSINKI (Reuters) - Nokia does not see meaningful potential for its "struggling" digital health business which includes activity trackers and smartwatches, according to an internal memo seen by Reuters on Wednesday.

Reuters Technology
Feb 21, 2018

Intel plans $5 billion investment in Israel by 2020: minister
JERUSALEM (Reuters) - Chipmaker Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in Israel in the next three years, Israeli Economy Minister Eli Cohen said on Wednesday.

Reuters Technology
Feb 21, 2018

Temenos agrees 1.4 billion pounds deal for Fidessa, activist Elliott enters
ZURICH (Reuters) - Temenos agreed a 1.4 billion pound ($1.96 billion) takeover of British software peer Fidessa Group on Wednesday, whose shares traded above the offer price after activist investor Elliott Capital Advisors disclosed a stake.

Reuters Technology
Feb 21, 2018

Daimler to start serial production of eActros truck in 2021
STUTTGART (Reuters) - Daimler said on Wednesday it aims to start serial production of an electric heavy truck with a range of 200 km (124 miles) in 2021, Daimler Trucks chief Martin Daum said.

Reuters Technology
Feb 21, 2018

Temenos agrees to 1.4 billion pounds deal for Fidessa, activist Elliott enters
ZURICH (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.

Reuters Technology
Feb 21, 2018

Bitcoins for free? Japanese cryptocurrency exchange lands in hot water again
TOKYO (Reuters) - A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free - though none were able to profit from the mistake.

Reuters Technology
Feb 21, 2018

Apple in talks to buy cobalt directly from miners: Bloomberg
(Reuters) - Apple Inc is in talks to buy long-term supplies of cobalt for iPhone batteries directly from miners, Bloomberg reported on Wednesday, citing sources.

Reuters Technology
Feb 21, 2018

Temenos agrees 1.4 billion pounds deal to buy British software house Fidessa
ZURICH (Reuters) - Swiss banking software company Temenos on Wednesday said it has agreed with the board of Fidessa Group to buy the British financial software company for about 1.4 billion pounds ($1.96 billion).

Reuters Technology
Feb 21, 2018

Human rights groups say Mexico not investigating spyware claims
MEXICO CITY (Reuters) - A group of human and digital rights activists said on Tuesday that the Mexican government had failed to properly investigate allegations their smartphones were infected with spying software. They have asked for an independent investigation.

Reuters Technology
Feb 20, 2018

Bahrain's sovereign fund in talks to invest in SoftBank's Vision Fund: CEO
MANAMA (Reuters) - Bahrain's sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group's private equity fund that aims to target the technology sector, its chief executive said.

Reuters Technology
Feb 20, 2018

Zero yen: Japanese cryptocurrency exchange briefly trips up trade
TOKYO (Reuters) - A Japanese cryptocurrency exchange undergoing checks by regulators has said a system failure let investors briefly trade a digital currency for zero yen, highlighting security concerns about such assets after last month's cyber heist at Coincheck Inc.

Reuters Technology
Feb 20, 2018

South Korea regulator flags better deal for cryptocurrency industry
SEOUL (Reuters) - A better deal for South Korea's cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.

Reuters Technology
Feb 20, 2018

Venezuela says launch of 'petro' cryptocurrency raised $735 million
CARACAS (Reuters) - President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's "petro" cryptocurrency, aimed at pulling the country out of an economic tailspin.

Reuters Technology
Feb 20, 2018

South Korea's cryptocurrency industry welcomes regulator's dramatic change of heart
SEOUL (Reuters) - South Korea's cryptocurrency industry is anticipating much better times as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.

Reuters Technology
Feb 20, 2018

Artificial intelligence poses risks of misuse by hackers, researchers say
FRANKFURT (Reuters) - Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns.

Reuters Technology
Feb 20, 2018

Computer shops embrace lucrative business: outfitting cryptocurrency miners
HONG KONG/SINGAPORE (Reuters) - Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology: cryptocurrency mining rigs.

Reuters Technology
Feb 20, 2018

Sessions forms U.S. cyber task force after election warnings
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Tuesday announced he would create a task force to examine how his Justice Department can better combat global cyber threats, including efforts to interfere with elections or damage critical infrastructure.

Reuters Technology
Feb 20, 2018

FCC reversal of net neutrality rules expected to be published Thursday: sources
WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected to publish on Thursday its December order overturning the landmark Obama-era net neutrality rules, two sources briefed on the matter said Tuesday.

Reuters Technology
Feb 20, 2018

U.S. Attorney General Sessions forms cyber task force to probe election meddling
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions has ordered the creation of a task force to examine how his Justice Department can better combat a wide cross-section of global cyber threats, including efforts to interfere with elections or damage critical infrastructure.

Reuters Technology
Feb 20, 2018

Justice Department forms cyber task force to probe election meddling
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions has ordered the creation of a task force to look at how the Justice Department is fighting the global cyber threat including election interference and to issue a report on its findings by the end of June, the department said on Tuesday.

Reuters Technology
Feb 20, 2018

Bitcoin nearly doubles in value from year's low hit in early February
NEW YORK (Reuters) - Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea's financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges.

Reuters Technology
Feb 20, 2018

ING says cryptocurrency exchange Bitfinex has an account with it
AMSTERDAM (Reuters) - Dutch financial services company ING on Tuesday confirmed that Bitfinex, one of the largest exchanges for trading in cryptocurrencies such as Bitcoin, has a bank account with it in the Netherlands.

Reuters Technology
Feb 20, 2018

Amazon credit card adds Whole Foods to 5 percent cash back offer
LOS ANGELES (Reuters) - Amazon.com Inc on Tuesday extended its 5 percent cash back benefit for Prime service subscribers to shoppers at its newly acquired Whole Foods Market grocery chain.

Reuters Technology
Feb 20, 2018

Qualcomm deals blow to Broadcom's bid with sweetened NXP deal
(Reuters) - U.S. semiconductor company Qualcomm Inc on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV , its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd .

Reuters Technology
Feb 20, 2018

Lesser-known North Korea cyber-spy group goes international: report
FRANKFURT (Reuters) - A North Korean cyber espionage group previously known only for targeting South Korea's government and private sector deepened its sophistication and hit further afield including in Japan and the Middle East in 2017, security researchers said on Tuesday.

Reuters Technology
Feb 20, 2018

Xerox shareholders Icahn, Deason urge company to sell itself to rivals
(Reuters) - Xerox Corp shareholders Carl Icahn and Darwin Deason said on Tuesday the U.S. company should seek to sell itself to one of its rivals or a private equity firm.

Reuters Technology
Feb 20, 2018

Medtronic quarterly revenue beats, margins disappoint
(Reuters) - Medical device maker Medtronic Plc's quarterly revenue beat analysts' expectations as new product launches drove sales across its business units, but weaker-than-expected margins clouded the earnings report.

Reuters Technology
Feb 20, 2018

Indian software services sector to grow 7-9 percent in FY19 - lobby group
HYDERABAD, India (Reuters) - India's software services exports will see revenue growth of 7-9 percent in constant currency terms in the fiscal year to March 2019, a leading lobby group forecast on Tuesday, as the industry continues to recover from what has been a tough year.

Reuters Technology
Feb 20, 2018

Qualcomm gets hedge fund nod with raised offer for NXP
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it has the backing of the shareholder group led by hedge fund Elliott Management that opposed its previous proposal.

Reuters Technology
Feb 20, 2018

Spain's Balearic Islands to fine Airbnb 300,000 euros for illegal rentals
MADRID (Reuters) - Spain's Balearic Islands is fining flat-sharing and rental service Airbnb 300,000 euros ($370,140) for advertising unregistered homes in Mallorca on its web site, the regional government said on Tuesday.

Reuters Technology
Feb 20, 2018

Qualcomm raises offer for NXP, Elliott backs new bid
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal.

Reuters Technology
Feb 20, 2018

Medtronic quarterly profit meets expectations
(Reuters) - Largest U.S. standalone medical device maker Medtronic Plc reported a third-quarter profit in-line with analysts' estimates, as sales across all its units, except the minimally invasive therapies business, grew.

Reuters Technology
Feb 20, 2018

Qualcomm raises offer for NXP to $127.50/share
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp.

Reuters Technology
Feb 20, 2018

Brazilian rule changes may allow telecoms firms to unload assets
SAO PAULO/BRASILIA (Reuters) - Brazil's major telecoms operators stand to free up hundreds of millions of dollars to invest in technologies like 4G and broadband by unloading unwanted assets, as a push by the sector to overhaul decades-old rules shows signs of paying off.

Reuters Technology
Feb 20, 2018

Japan's cryptocurrency exchanges to form new self-regulating body: sources
TOKYO (Reuters) - Sixteen Japanese cryptocurrency exchanges will fix plans as early as next week to create a self-regulating body in a bid to better safeguard investors after a $530 million digital money heist last month, two source familiar with the plan said.

Reuters Technology
Feb 20, 2018

Language app Babbel translates European success to U.S. market
BERLIN (Reuters) - It might seem a tall order to persuade people to spend as much to learn a language on their smartphone as it costs to subscribe to a music streaming or video-on-demand service.

Reuters Technology
Feb 20, 2018

Malaysian firm adds Islamic certification to cryptocurrency
SYDNEY (Reuters) - Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said.

Reuters Technology
Feb 20, 2018

Uber CEO sees commercialization of flying taxis in 5-10 years
TOKYO (Reuters) - Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years.

Reuters Technology
Feb 20, 2018

Adecco buys digital recruitment firm Vettery, price not disclosed
ZURICH (Reuters) - Staffing company Adecco said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment market.

Reuters Technology
Feb 19, 2018

Japan's Sony to form alliance to build taxi-hailing system
TOKYO (Reuters) - Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.

Reuters Technology
Feb 19, 2018

Samsung Electronics to slash OLED panel production as iPhone X demand disappoints: Nikkei
TOKYO (Reuters) - Samsung Electronics Co will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc's decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tuesday.

Reuters Technology
Feb 19, 2018

Japan's Sony to form alliance to build taxi-hailing system: Nikkei
TOKYO (Reuters) - Sony Corp looks set to become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system, the Nikkei newspaper reported.

Reuters Technology
Feb 19, 2018

Israeli visual aid company OrCam valued at $1 billion
JERUSALEM (Reuters) - Israel's OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at $1 billion, putting it on track for a planned initial public offering (IPO), its chief executive said on Tuesday.

Reuters Technology
Feb 19, 2018

Japan's Sony Corp to form alliance to build taxi-hailing system: Nikkei
(Reuters) - Japan's Sony Corp plans to form a joint venture to develop an artificial intelligence-based taxi-hailing system in Japan, the Nikkei Asian Review reported on Tuesday.

Reuters Technology
Feb 19, 2018

BoE's Carney says Bitcoin has 'pretty much failed' as currency
LONDON (Reuters) - Bitcoin has failed as a currency measured by the traditional benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday.

Reuters Technology
Feb 19, 2018

Uber drops opposition to London language test
LONDON (Reuters) - Taxi app Uber [UBER.UL] is dropping a legal appeal against the introduction of more stringent English language tests for drivers in London after the city's transport regulator said it would water down its stringent proposals.

Reuters Technology
Feb 19, 2018

U.N. chief urges global rules for cyber warfare
LISBON (Reuters) - U.N. Secretary General Antonio Guterres called on Monday for global rules to minimize the impact of electronic warfare on civilians as massive cyber attacks look likely to become the first salvoes in future wars.

Reuters Technology
Feb 19, 2018

Congress sets sights on federal cryptocurrency rules
WASHINGTON (Reuters) - Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters.

Reuters Technology
Feb 19, 2018

Russia looms large as U.S. election officials prep for 2018
WASHINGTON (Reuters) - Ten months before the United States votes in its first major election since the 2016 presidential contest, U.S. state election officials huddled in Washington this weekend to swap strategies on dealing with an uninvited guest: Russia.

Reuters Technology
Feb 19, 2018

Singapore competition agency to look closer at Uber tie-up with ComfortDelGro
SINGAPORE (Reuters) - Singapore's competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state's top taxi operator, ComfortDelGro, and Uber [UBER.UL], after an initial review.

Reuters Technology
Feb 19, 2018

Alibaba, Tencent rally troops amid $10 billion retail battle
SHANGHAI (Reuters) - China's tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd , worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers' digital wallets.

Reuters Technology
Feb 18, 2018

India's Reliance, global tech firms to invest $9.3 billion in industrial area
MUMBAI (Reuters) - India's Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of Maharashtra, the company's chairman Mukesh Ambani said.

Reuters Technology
Feb 18, 2018

Software may have helped Daimler pass U.S. emissions tests: report
BERLIN (Reuters) - U.S. investigators probing Mercedes maker Daimler have found that its cars were equipped with software which may have help them to pass diesel emissions tests, a German newspaper reported on Sunday, citing confidential documents.

Reuters Technology
Feb 18, 2018

India's City Union Bank CEO says suffered cyber hack via SWIFT system
MUMBAI (Reuters) - India's City Union Bank said on Sunday that "cyber criminals" had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform.

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