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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.

Reuters Technology
Dec 13, 2017

British city Sheffield lifts license suspension on Uber
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, the city council said on Wednesday.

Reuters Technology
Dec 13, 2017

Toyota, Panasonic consider joint development of EV batteries
TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp said on Wednesday they are considering jointly developing batteries for electric vehicles (EVs), a partnership that could help Panasonic extend its market lead in automotive lithium-ion batteries.

Reuters Technology
Dec 13, 2017

South Korea considers cryptocurrency tax as regulators grapple with 'speculative mania'
SEOUL (Reuters) - South Korea said on Wednesday it may tax capital gains from cryptocurrency trading as global regulators worried about a bubble, with Australia's central bank chief warning of a 'speculative mania' that has seen the digital asset making rip-roaring gains.

Reuters Technology
Dec 13, 2017

AT&T begins testing high-speed internet over power lines
NEW YORK (Reuters) - AT&T Inc has started trials in Georgia state and a non-U.S. location to deliver high-speed internet over power lines, the No. 2 wireless carrier said on Wednesday, marking its latest push to offer faster broadband service to more customers.

Reuters Technology
Dec 12, 2017

Founder of China's embattled LeEco placed on debt blacklist
SHANGHAI (Reuters) - The high-profile founder of struggling Chinese tech conglomerate LeEco has been placed on an official blacklist of debt defaulters, a further blow to a firm that had spent heavily to compete in areas from smart cars to online entertainment.

Reuters Technology
Dec 12, 2017

Google launching artificial intelligence research center in China
BEIJING (Reuters) - Alphabet Inc's Google said on Wednesday it is opening an artificial intelligence (AI) research center in China to target the country's local talent, even as the U.S. search firm's products remain blocked in the country.

Reuters Technology
Dec 12, 2017

Toyota, Panasonic to hold news conference at 1.30 a.m. ET
TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp on Wednesday said they would hold a joint news conference in Tokyo at 3:30 pm (0630 GMT).

Reuters Technology
Dec 12, 2017

South Korea to hold emergency meeting on cryptocurrencies, measures expected Friday
SEOUL (Reuters) - South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday.

Reuters Technology
Dec 12, 2017

Britain urged to prosecute social media firms over online abuse
LONDON (Reuters) - Social media companies should face prosecution for failing to remove racist and extremist material from their websites, according to a report by an influential committee.

Reuters Technology
Dec 12, 2017

Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal
WASHINGTON (Reuters) - Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc should not be permitted to buy CNN parent Time Warner Inc because there was a risk it would lead to 'recklessness' in journalism.

Reuters Technology
Dec 12, 2017

Advocates ready legal showdown with FCC on net neutrality
WASHINGTON (Reuters) - Net neutrality advocates said they are gearing up for a legal fight after abandoning attempts to convince the U.S. Federal Communications Commission to keep 2015 rules aimed at maintaining an open internet.

Reuters Technology
Dec 12, 2017

Electric vehicle battery prices to steady by 2020: Hyundai Motor
SEOUL (Reuters) - Hyundai Motor Co believes electric vehicle battery prices will level off by 2020 due to supply constraints of key ingredients, ending years of sharp declines that have helped stimulate activity in the booming sector.

Reuters Technology
Dec 12, 2017

Toshiba, Western Digital end chip dispute; joint investment to resume
(Reuters) - Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the embattled Japanese conglomerate's plans to sell its chip unit, the companies said in a statement, removing a key obstacle to the deal.

Reuters Technology
Dec 12, 2017

Trump signs into law U.S. government ban on Kaspersky Lab software
WASHINGTON (Reuters) - President Donald Trump signed into law on Tuesday legislation that bans the use of Kaspersky Lab within the U.S. government, capping a months-long effort to purge the Moscow-based antivirus firm from federal agencies amid concerns it was vulnerable to Kremlin influence.

Reuters Technology
Dec 12, 2017

UK city of York refuses to renew Uber's license in new regulatory setback
(Reuters) - The English city of York refused to renew Uber's [UBER.UL] license to operate there on Tuesday, the city council said, the latest regulatory setback suffered by the ride-hailing app.

Reuters Technology
Dec 12, 2017

Bitcoin euphoria puts other retail bets in shade
(Reuters) - If you wondered why 18-year old twitterati and seasoned speculative traders alike have bet on bitcoin's surge toward $20,000 this week, look no further than the comparison with the past year's new stock exchange floatations.

Reuters Technology
Dec 12, 2017

Bitcoin hits another record high in march toward $20,000
NEW YORK (Reuters) - Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a U.S. exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $20,000-mark is within reach.

Reuters Technology
Dec 12, 2017

UK city York refuses to renew Uber's licence
(Reuters) - The English city of York rejected Uber's licence renewal on Tuesday, citing concerns about the ride-hailing app's data breach and the number of complaints received, a city council spokesperson said.

Reuters Technology
Dec 12, 2017

Tezos director resigns, sowing more uncertainty at crypto startup
LONDON/ZURICH (Reuters) - One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned.

Reuters Technology
Dec 12, 2017

Twitter to let users make tweet threads more easily
(Reuters) - Twitter said on Tuesday it would add a pair of buttons that will allow users to more easily see and add new tweets to existing ones on the same topic.

Reuters Technology
Dec 12, 2017

Lyft starts Canada service in first international foray
(Reuters) - U.S. ride-hailing firm Lyft Inc on Tuesday launched its service in Toronto, the first international market for the rival of much larger Uber Technologies Inc [UBER.UL].

Reuters Technology
Dec 12, 2017

Cryptocurrency exchanges Coinbase, Bitfinex down
(Reuters) - Digital currency exchange operators Coinbase and Bitfinex reported problems with service through their websites on Tuesday, frustrating traders seeking to cash in on the latest surge in the value of bitcoin and other cryptocurrencies.

Reuters Technology
Dec 12, 2017

Facebook to book advertising revenue locally amid political pressure
BRUSSELS (Reuters) - Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-routing it via its international headquarters in Dublin although the move is unlikely to result in it paying much more tax.

Reuters Technology
Dec 12, 2017

Irish start-up helps local shops compete with online giants
LONDON (Reuters) - Pointy, a Dublin-based firm with Silicon Valley backers, is solving the problem of how to make it easier for people to find products they want close to home, as shopping online gets easier but locating what you want locally remains elusive.

Reuters Technology
Dec 12, 2017

AIG launches new cyber threat analysis to gauge companies' risks
(Reuters) - American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, the insurer said on Tuesday.

Reuters Technology
Dec 12, 2017

PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks
SEATTLE (Reuters) - PepsiCo Inc has reserved 100 of Tesla Inc's new electric Semi trucks, the largest-known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company executive said on Tuesday.

Reuters Technology
Dec 12, 2017

Airbnb drops controversial payment card in France
PARIS (Reuters) - Short-term rental website Airbnb has agreed to withdraw a controversial payment system in France after government officials, including finance minister Bruno Le Maire, met with its managers on Monday.

Reuters Technology
Dec 12, 2017

Taiwan's Far Eastern International fined T$8 million over SWIFT hacking incident
TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

Reuters Technology
Dec 12, 2017

Taiwan's Far Eastern Int'l fined T$8 million over SWIFT hacking incident
TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

Reuters Technology
Dec 12, 2017

Bitcoin slips to around $16,300, futures volumes drop
SINGAPORE (Reuters) - Virtual currency bitcoin dipped slightly from the previous session's record highs on Tuesday, after a month of whirlwind and volatile gains leading up to the launch of bitcoin futures on the weekend.

Reuters Technology
Dec 12, 2017

Rolls-Royce creates cross-business data unit to drive efficiency
LONDON (Reuters) - Rolls-Royce has created a data unit, named R2 Data Labs, that uses analytics, artificial intelligence and machine learning to improve efficiency across its civil and defense aerospace, marine, nuclear and power systems businesses.

Reuters Technology
Dec 12, 2017

Singapore's electric car-sharing program hits the road
SINGAPORE (Reuters) - Singapore launched on Tuesday its first large-scale electric car-sharing program through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars.

Reuters Technology
Dec 11, 2017

Amazon's cloud unit expands in China, with new partner in Ningxia
BEIJING (Reuters) - Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market.

Reuters Technology
Dec 11, 2017

Philippine bank accuses Bangladesh of heist 'cover-up'
MANILA (Reuters) - The Philippines bank through which $81 million stolen from Bangladesh's central bank was channeled in February 2016 has accused Dhaka's monetary authority of covering up its negligence and demanded that it stop making the bank a 'scapegoat.'

Reuters Technology
Dec 11, 2017

China video game craze drives booming e-sports market
WUHU, China/SHANGHAI (Reuters) - In an industrial park on the edge of Shanghai, a dozen Chinese teenagers are taking a break from battling digital armies to focus on their yoga.

Reuters Technology
Dec 11, 2017

Uber fights ban on cash payments in Mexican state
MEXICO CITY (Reuters) - Uber Technologies Inc said on Monday that it had appealed regulations that have barred it from accepting cash fares in the Mexican state of Puebla, in a new challenge to clampdowns on the ride-hailing service in Latin America.

Reuters Technology
Dec 11, 2017

Atos offers to buy Gemalto for 4.3 billion euros to boost cyber security services
PARIS (Reuters) - French technology consulting firm Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security services as states and big corporations seek to cope with a growing number of attacks on the Internet worldwide.

Reuters Technology
Dec 11, 2017

Cutting U.S. electric vehicle tax credit 'will have an impact': GM
DETROIT (Reuters) - If Congress eliminates an electric vehicle tax credit it 'will have an impact' on sales of U.S. electric vehicles such as General Motors Co's Chevrolet Bolt, GM Chief Executive Mary Barra said on Monday.

Reuters Technology
Dec 11, 2017

U.S. agency prepares to hand over internet oversight to FTC
WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to turn over oversight of internet service providers to another federal agency as it plans to vote on Thursday to revoke the landmark 2015 'net neutrality' rules.

Reuters Technology
Dec 11, 2017

Bitcoin futures suggest breakneck rise in price to slow
By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss

Reuters Technology
Dec 11, 2017

'More to come' after bitcoin futures launch: Cboe CEO
NEW YORK (Reuters) - The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday.

Reuters Technology
Dec 11, 2017

New bitcoin futures suggest breakneck price gains to slow
By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss

Reuters Technology
Dec 11, 2017

Apple removes app after MyEtherWallet complaint
(Reuters) - IPhone maker Apple Inc said on Monday it had removed a paid iOS application from its App Store after MyEtherWallet, a free service for storing digital currencies, complained that the program was improperly using its name.

Reuters Technology
Dec 11, 2017

SEC halts initial coin offering from restaurant review app
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has stepped in to stop an 'initial coin offering' (ICO) from a restaurant review app, after the company failed to register it as a security.

Reuters Technology
Dec 11, 2017

Canada's privacy watchdog launches probe into Uber hack
TORONTO (Reuters) - The office of Canada's privacy commissioner said on Monday that it has opened a formal investigation into the 2016 breach of customer and driver data at Uber Technologies Inc, which the ride-hailing company disclosed last month.

Reuters Technology
Dec 11, 2017

U.S. tech firm settles probe of Russian work on defense project
WASHINGTON (Reuters) - Netcracker Technology Corp will not face criminal charges for allowing Russian nationals without security clearance to work on a U.S. defense project after it agreed to adopt enhanced cyber security measures, authorities said on Monday.

Reuters Technology
Dec 11, 2017

Hackers hit U.S., Russian banks in ATM robbery scam: report
FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

Reuters Technology
Dec 11, 2017

Apple confirms deal to buy music discovery app Shazam
SAN FRANSICO (Reuters) - Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.

Reuters Technology
Dec 11, 2017

LimeBike expands to Europe as cycle-sharing rivalry mounts
FRANKFURT (Reuters) - Bicycle-sharing start-up LimeBike will begin operating in two European cities this month, marking the first overseas expansion by U.S. players seeking to keep pace with the international forays of better-funded Chinese rivals.

Reuters Technology
Dec 11, 2017

UBS leads blockchain data reporting pilot ahead of new EU rules
ZURICH/NEW YORK (Reuters) - Financial companies led by Swiss bank UBS are testing a blockchain platform to help them comply with new European Union trade data standards due to come into force next year.

Reuters Technology
Dec 11, 2017

Elliott says chipmaker NXP worth 23 percent more than Qualcomm's offer
(Reuters) - Activist investor Elliott Management Corp said on Monday NXP Semiconductors NV is worth about 23 percent more than Qualcomm Inc's $38-billion offer to buy the chipmaker.

Reuters Technology
Dec 11, 2017

Newly minted bitcoin futures indicate more modest growth ahead
NEW YORK/SYDNEY/LONDON (Reuters) - Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate than in recent weeks as warnings of a bubble grew.

Reuters Technology
Dec 11, 2017

Hackers hit major ATM network after U.S., Russian bank breaches: report
FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

Reuters Technology
Dec 11, 2017

U.S. videogame makers may trounce sales estimates again
(Reuters) - Tepid holiday sales forecasts from two of the three major U.S. videogame producers have not dampened investors' confidence in one of the past decade's major stock market success stories for a simple reason: they almost always beat them.

Reuters Technology
Dec 11, 2017

Elliott says chipmaker NXP worth more than Qualcomm's offer
(Reuters) - Activist investor Elliott Management Corp said on Monday that NXP Semiconductors NV is worth $135 per share on an intrinsic standalone basis, more than the $110 Qualcomm Inc has offered to buy the company.

Reuters Technology
Dec 11, 2017

Chinese electric car maker to put 'Weltmeister' on road next year
BEIJING (Reuters) - WM Motor Technology Co, one of a new breed of Chinese electric car companies, will use its company name 'Weltmeister' as its brand and plans to start taking orders for its first product, a sport-utility vehicle, from April.

Reuters Technology
Dec 11, 2017

EU must look at regulating bitcoin, ECB's Nowotny says
VIENNA (Reuters) - The European Union needs to consider regulating bitcoin, European Central Bank ratesetter Ewald Nowotny said on Monday, citing the risk of money laundering.

Reuters Technology
Dec 11, 2017

Hotly anticipated bitcoin futures ease off after 22 percent surge
NEW YORK/SYDNEY/LONDON (Reuters) - Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use.

Reuters Technology
Dec 11, 2017

Uber's London license appeal to be heard next year
LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in court next year after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

Reuters Technology
Dec 11, 2017

Apple aims to block climate, rights proposals with quick use of SEC guidance
BOSTON (Reuters) - Apple Inc is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights.

Reuters Technology
Dec 11, 2017

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary
TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

Reuters Technology
Dec 11, 2017

Uber appeal case against London license loss planned for April or June next year
LONDON (Reuters) - Uber's [UBER.UL] appeal against the loss of its London license should begin on Apr. 30 for five days but might be delayed until June, a British judge said on Monday at a preliminary hearing.

Reuters Technology
Dec 11, 2017

Apple, India wrangle over import tax on mobile parts: sources
NEW DELHI (Reuters) - Apple Inc has asked India to defer a planned increase in import taxes on mobile phone parts so it can expand its iPhone manufacturing in the country, but the government is unlikely to accede, people familiar with the matter said.

Reuters Technology
Dec 11, 2017

Nokia's COO quits after eight months in the job
HELSINKI (Reuters) - Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.

Reuters Technology
Dec 11, 2017

Hong Kong activist fund tells Toshiba chip unit sale to Bain group not necessary
TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit sale to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

Reuters Technology
Dec 11, 2017

Nokia COO to leave the company
HELSINKI (Reuters) - Telecom network equipment maker Nokia said on Monday its Chief Operating Officer Monika Maurer was leaving the company.

Reuters Technology
Dec 11, 2017

China Telecom earmarked as Philippines' 3rd telecoms player: Manila officials
MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

Reuters Technology
Dec 11, 2017

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund
ABU DHABI (Reuters) - Abu Dhabi's state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

Reuters Technology
Dec 10, 2017

Hotly anticipated bitcoin futures surge 21 percent on debut
NEW YORK/SYDNEY (Reuters) - Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency even as critics warn of the risk of a bubble and price collapse.

Reuters Technology
Dec 10, 2017

Bitcoin futures surge past $17,000 on launch day
SYDNEY (Reuters) - The front-month bitcoin futures contract on the Chicago-based CBOE Futures Exchange surged past $17,000 on Monday, the first day of trading.

Reuters Technology
Dec 10, 2017

Uber heads to court in fight for London survival
LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

Reuters Technology
Dec 10, 2017

Bitcoin futures start trading on CBOE exchange
NEW YORK (Reuters) - The newest way to bet on bitcoin arrived on Sunday, with futures of the cryptocurrency that has taken Wall Street by storm starting trading for the first time.

Reuters Technology
Dec 10, 2017

China Telecom earmarked as the Philippines' third telecoms player
MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

Reuters Technology
Dec 10, 2017

Bangladesh minister says wants to 'wipe out' Manila bank for heist role
DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to 'wipe out' a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.

Reuters Technology
Dec 10, 2017

After bitcoin's wild week, traders brace for futures launch
NEW YORK (Reuters) - The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading.

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