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Banks adopting blockchain 'dramatically faster' than expected: IBM

By Jemima KellyLONDON (Reuters) - Banks and other financial institutions are adopting blockchain technology "dramatically faster" than initially expected, with 15 percent of top global banks intending...

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Apple deepens enterprise push with Deloitte partnership

By Julia Love(Reuters) - Apple Inc and Deloitte LLP announced a partnership on Wednesday in which the consultant will open a new practice to help corporate clients work with Apple products, the tech...

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Syrian hacker sympathetic to Assad pleads guilty in U.S. court

WASHINGTON (Reuters) - A computer hacker sympathetic to Syrian President Bashar al-Assad's government pleaded guilty for his role as a middleman in an extortion scheme targeting U.S. media outlets and...

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Spotify in advanced talks to buy SoundCloud: FT

(Reuters) - Swedish music-streaming service provider Spotify is in advanced talks to acquire German rival SoundCloud, the Financial Times reported on Wednesday, citing people briefed on the...

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YouTube hires veteran music executive Lyor Cohen as music head

(Reuters) - YouTube, Google's video streaming service, has hired former Warner Music Group executive Lyor Cohen as its global head of music as it looks to strengthen its relationships with the music...

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Citigroup becomes last big U.S. bank to join payments network

NEW YORK (Reuters) - Citigroup Inc on Wednesday became the last of the big U.S. banks to agree to allow customers to send instant payments by mobile phone over an industry network that is competing...

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Cyber firm challenges Yahoo claim hack was state-sponsored

By Dustin VolzWASHINGTON (Reuters) - A cyber security company on Wednesday asserted that the hack of 500 million account credentials from Yahoo was the work of an Eastern European criminal gang, adding...

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Ship shake: Hanjin woes may help float tech, data start-ups

By Jeremy WagstaffSINGAPORE (Reuters) - The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of major player South Korea's Hanjin Shipping Co Ltd...

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Samsung expects to get over 80 percent of recalled Note 7s in South Korea by...

SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> said on Thursday it expects to have recovered more than 80 percent of recalled Galaxy Note 7 smartphones sold in South Korea by Oct. 1,...

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Samsung says in talks with U.S. watchdog on washing machine safety issues

SEOUL (Reuters) - Samsung Electronics, which is already reeling from a global recall of its Note 7 smartphones, said on Thursday it is in talks with a U.S. watchdog to address potential safety problems...

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TomTom to supply mapping data for Volvo Trucks, Skoda

AMSTERDAM (Reuters) - TomTom NV will supply traffic data to Volvo Trucks and Volkswagen's Skoda cars in deals announced on Thursday by the navigation services provider.TomTom's main rival HERE, Nokia's...

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U.S. software firm Apttus raises $88 million from private investors after...

By Heather SomervilleSAN FRANCISCO (Reuters) - Software maker Apttus has raised more money from private investors, postponing plans for an initial public share offer until next year because of the...

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Insight: From robots to websites, British firms curb spending due to Brexit

By Helen ReidREADING, England (Reuters) - Heavy machinery whirrs and clanks on the factory floor of precision metalworking firm Robert Bion & Co, where a planned three-meter robotic arm would have...

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Safran in exclusive talks to sell Morpho to Advent

PARIS (Reuters) - Safran has entered exclusive talks about the sale of its Morpho identity and security business to Advent International, which owns smartcard maker Oberthur Technologies, the French...

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Ubisoft says unaware of Vivendi board seat request: CFO

PARIS (Reuters) - French video games maker Ubisoft is not aware of media giant Vivendi requesting a seat on the company's board, Chief Financial Officer Alain Martinez said on Thursday."Nobody is...

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Tesla's Musk: No more discounts on new cars

DETROIT (Reuters) - Electric carmaker Tesla Motors Inc. Chief Executive Elon Musk told employees in an email to follow company policy of not offering discounts on new cars, responding to some...

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Deutsche Bank opens digital factory, hires 400 specialists

FRANKFURT (Reuters) - Deutsche Bank opened a center for software developers and IT and financial specialists in Frankfurt on Thursday, joining other lenders in developing products for digital...

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Banks tighten SWIFT system security after hacks

By Tom BerginGENEVA (Reuters) - Banks are tightening the security of their SWIFT messaging networks – used by the industry to shift trillions of dollars each day – following revelations that hackers...

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Microsoft sharpens AI focus with new research group

(Reuters) - Microsoft Corp said on Thursday it created a new artificial intelligence unit, as the company pushes deeper into the fast-growing field.Silicon Valley is diving into artificial intelligence...

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Tesla says Autopilot not to blame in crash with bus in Germany

FRANKFURT/SAN FRANCISCO (Reuters) - A Tesla Motors Inc car operating under Autopilot collided with a bus in northern Germany, but the electric car maker said a collision was unavoidable because the bus...

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