Bitcoin slides after China central bank launches investigation
LONDON (Reuters) - The price of digital currency bitcoin slid around $50 on Wednesday after China's central bank said it had launched spot investigations on bitcoin exchanges in Beijing and Shanghai in...
View ArticleSwiss clinch U.S. data exchange pact along lines of EU deal
ZURICH (Reuters) - Switzerland has struck an accord on exchanging personal data with the United States along the lines of a deal Washington and the European Union agreed last year aimed at ensuring...
View ArticleSeagate to cut more than 2,000 jobs in China
(Reuters) - Hard-disk drive maker Seagate Technology Plc said it would cut more than 2,000 jobs as it shuts down its Suzhou factory in China.The latest job cuts were part of its earlier restructuring...
View ArticleCorephotonics raises $15 million from Samsung, Foxconn, MediaTek
JERUSALEM (Reuters) - Corephotonics, an Israeli maker of dual camera technologies for smartphones, said on Wednesday it raised $15 million in a funding round that included Samsung Ventures, iPhone...
View ArticleUber signs deal with Dubai regulator after pricing rows
By Celine AswadDUBAI (Reuters) - Ride-hailing service Uber [UBER.UL] signed an agreement with Dubai's transport authorities on Wednesday to become fully regulated after a series of clashes over pricing...
View ArticleChina's anti-Teslas: cheap models drive electric car boom
By Jake Spring-nuBEIJING (Reuters) - More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than...
View ArticleBinary options firm Banc De Binary says winding down operations
By Tova CohenTEL AVIV (Reuters) - Banc De Binary, one of the biggest and best-known providers of online trading in binary options, which allow investors to bet on short-term moves in financial assets,...
View ArticleMicrosoft agrees to Windows 10 adjustments with Swiss data watchdog
ZURICH (Reuters) - Switzerland's data protection czar will not take Microsoft to court after the U.S. company agreed to adopt recommendations for improving data processing transparency for its Windows...
View ArticleFacebook launches project to improve ties with news media
(Reuters) - Facebook Inc launched its "Journalism Project" on Wednesday, as the world's biggest social media network looks to deepen its relationship with news organizations.The launch comes less than...
View ArticleHamas sets 'honey traps' to hack Israeli soldiers' phones: army
By Maayan LubellTEL AVIV (Reuters) - Using photos of young women and Hebrew slang, the Palestinian militant group Hamas chatted up dozens of Israeli soldiers online, gaining control of their phone...
View ArticleAlibaba considers European logistics center in Bulgaria: government
SOFIA (Reuters) - Chinese e-commerce group Alibaba is considering setting up a European logistics center in Bulgaria, the Bulgarian government and Xinhua said on Wednesday.No comment was immediately...
View ArticleInstagram adds advertising to Instagram Stories
By Tim Baysinger(Reuters) - Facebook Inc's Instagram is bringing more than 30 advertisers into one of its fastest-growing features, Instagram Stories, in a bid to boost advertising revenue, the company...
View ArticleAmazon to pay C$1.1 million to settle Canada pricing case
OTTAWA (Reuters) - The Canadian unit of Amazon.com will pay a C$1 million ($756,658.60) fine to settle an investigation into pricing activities on its website that gave an inaccurate view of how much...
View ArticleBrussels and London form 'fintech bridge'
By Jemima KellyLONDON (Reuters) - A delegation from Belgium's financial technology sector came to London with its finance minister this week to set up a "fintech bridge" with the British capital that...
View ArticleCanada's Shaw turns to Comcast technology to regain market share
TORONTO (Reuters) - Canada's Shaw Communications Inc announced a voice-controlled television product on Wednesday that it hopes will help it stem years of market share losses to western Canadian...
View ArticleAmazon halts sales of Indian flag doormat after visa threat
By Sankalp PhartiyalMUMBAI (Reuters) - Amazon.com removed doormats resembling the Indian tri-color flag from its Canadian website on Wednesday, after an Indian government threat to rescind visas of the...
View ArticleThird of global consumers open to Google, Amazon banking: survey
NEW YORK (Reuters) - Roughly one in three banking and insurance customers globally would consider switching their accounts to Google , Amazon or Facebook if the Silicon Valley giants offered financial...
View ArticleEU says U.S. explanation of Yahoo email scanning not enough
By Julia FiorettiBRUSSELS (Reuters) - The United States has not satisfied the European Union's concerns about Yahoo's scanning of all customers' incoming emails for U.S. intelligence purposes, the...
View ArticleUK's Funding Circle, an online marketplace lender, raises $100 million
By Anna IrreraNEW YORK (Reuters) - Funding Circle, a peer-to-peer lending marketplace used by small- and medium-sized companies, has raised $100 million in an investment round led by venture capital...
View ArticleSamsung chief questioned by prosecutors in South Korea political scandal
By Se Young Lee and Ju-min ParkSEOUL (Reuters) - Special South Korean prosecutors questioned the head of top conglomerate Samsung Group [SAGR.UL] on suspicion of bribery on Thursday in an...
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