Japan's SoftBank to appoint heads of overseas units as board members
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday it plans to appoint heads of key overseas subsidiaries to the group's board of directors, as the Japanese firm's business focus moves away from...
View ArticleIsrael takes on UberNight in latest legal battle for Uber
JERUSALEM (Reuters) - Uber faces a legal challenge in Israel, adding to the list of places where it is under scrutiny, after the country alleged unauthorized drivers were illegally paid using its...
View ArticleTransaction app Alipay launches first non-yuan version in Hong Kong
By Sijia JiangHONG KONG (Reuters) - Chinese online and mobile payment platform Alipay on Wednesday launched in Hong Kong its first app to handle transactions not denominated in the yuan currency,...
View ArticleGermany says makes progress with China on electric car quotas
BEIJING (Reuters) - Germany has made good progress with China on how to introduce quotas aimed at producing more electric vehicles, Foreign Minister Sigmar Gabriel said on Wednesday, adding that more...
View ArticleBitcoin soars above $2,400 to all-time high
(Reuters) - Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using...
View ArticleExclusive: Wannacry hits Russian postal service, exposes wider security...
By Jack StubbsMOSCOW (Reuters) - Russia's postal service was hit by Wannacry ransomware last week and some of its computers are still down, three employees in Moscow said, the latest sign of weaknesses...
View ArticleExclusive: Facebook signs BuzzFeed, Vox, others for original video shows -...
By Jessica ToonkelNEW YORK (Reuters) - Facebook Inc has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its...
View ArticleBrazilian ride-hailing app 99 raises $100 million from SoftBank
SAO PAULO (Reuters) - Japan's SoftBank Group Corp <9984.T> agreed to invest $100 million in Brazilian ride-hailing app 99, the startup said on Wednesday, capping off a fund-raising round totaling...
View ArticleIndia's Infosys touts plan to hire Americans in face of visa pressures
By Salvador RodriguezSAN FRANCISCO (Reuters) - Infosys Ltd, the India-based computer services giant, on Wednesday touted its new strategy to hire and train 10,000 American workers over the next two...
View ArticleChina's Lenovo returns to profit as supply shortages extend to batteries
By Sijia JiangHONG KONG (Reuters) - China's Lenovo Group Ltd <0992.HK>, the world's largest personal computer (PC) maker, reported a return to profit on Thursday but said rising component prices...
View ArticleNewly discovered vulnerability raises fears of another WannaCry
SINGAPORE (Reuters) - A newly found flaw in widely used networking software leaves tens of thousands of computers potentially vulnerable to an attack similar to that caused by WannaCry, which infected...
View ArticleGoogle's AlphaGo clinches series win over Chinese Go master
By Cate CadellSHANGHAI (Reuters) - Google's artificial intelligence program, AlphaGo, beat Chinese Go master Ke Jie for a second time on Thursday, taking an unassailable 2-0 lead in a best of three...
View ArticleFacebook founder Mark Zuckerberg returns to Harvard as commencement speaker
CAMBRIDGE, Mass. (Reuters) - One of Harvard University's most famous dropouts, Facebook Inc founder Mark Zuckerberg, returns on Thursday to the Ivy League school to address its graduating class.The...
View ArticleSome Uber and Lyft riders are giving up their own cars: Reuters/Ipsos poll
By Peter HendersonSAN FRANCISCO (Reuters) - Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold...
View ArticleGlobal chat platform Kik to launch digital currency
By Gertrude Chavez-DreyfussNEW YORK (Reuters) - Kik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers...
View ArticleJapan lender Mizuho to launch fintech venture
TOKYO (Reuters) - Japan's Mizuho Financial Group will start a venture next month to create new businesses using "fintech," an executive said, joining a global race in financial technology that...
View ArticleCoinbase suffers outages amid bitcoin surge
(Reuters) - Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw "unprecedented traffic and trading," with the digital currency hitting record levels.Bitcoin fell as much...
View ArticleGameStop posts strong first-quarter sales, but leaves forecast unchanged
By Aishwarya Venugopal(Reuters) - GameStop Corp, the world's largest retailer of videogames and gaming consoles, reported better-than-expected quarterly results on Thursday, but left its full-year...
View ArticleBritain's May gets support from G7 on fight against terrorism
By Elizabeth PiperTAORMINA, Italy (Reuters) - British Prime Minister Theresa May won support from the world's major industrialized nations on Friday for measures to tackle terrorism and kept the...
View ArticleBillionaire Slim eyeing electric taxi to reduce pollution in Mexico City
By Anthony EspositoMEXICO CITY (Reuters) - Giant Motors, an automaker partially owned by Mexican billionaire Carlos Slim, is working on a prototype electric taxi to replace the gas-guzzling cabs...
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