Fintech firms pose no risk to financial system G20 watchdog says
By Huw JonesLONDON (Reuters) - Financial technology firms seeking to shake-up traditional banking pose no immediate risk to the financial system although their development needs to be carefully...
View ArticleOrange CEO ordered to testify in Lagarde case: sources
PARIS (Reuters) - Prosecutors have ordered the head of France's biggest telecoms firm to testify in IMF chief Christine Lagarde's trial over a 400 million-euro ($443 million) state payout to...
View ArticleFitbit selloff spreads to GoPro ahead of quarterly report
By Noel RandewichSAN FRANCISCO (Reuters) - Investors on edge about GoPro's slumping sales ahead of its quarterly report on Thursday appeared even more anxious following fellow consumer gadget maker...
View ArticleActivision raises full-year forecast, third quarter revenue tops estimates
By Anya George Tharakan(Reuters) - Activision Blizzard Inc reported higher-than-expected revenue for the third quarter, boosted by the success of its "World of Warcraft: Legion" and "Overwatch"...
View ArticleFireEye revenue beats on strong demand for cloud services
By Narottam Medhora(Reuters) - Cybersecurity firm FireEye Inc reported a higher-than- expected 12.6 percent rise in quarterly revenue, helped by strong demand for its cloud-based products.FireEye's...
View ArticleGoPro tumbles as production issues hurt results, forecast
(Reuters) - Wearable camera maker GoPro Inc reported a much steeper-than-expected fall in quarterly revenue and its forecast for the key-holiday quarter also missed analysts' estimates, hurt by...
View ArticleHuawei wants to beat Apple in smartphones in two years: exec
MUNICH (Reuters) - China's Huawei Technologies [HWT.UL] wants to be the world's second-largest maker of smartphones in two years, Richard Yu, chief executive of Huawei's consumer business group, told...
View ArticleExclusive: EarthLink, a 90s Internet star, in talks to merge with Windstream...
By Liana B. BakerSAN FRANCISCO (Reuters) - Telecommunications firms Windstream Holdings Inc and EarthLink Holdings Corp are in talks to merge in an all-stock deal that would allow them to better...
View ArticleTurkey blocks access to Twitter, Whatsapp: internet monitoring group
ISTANBUL (Reuters) - Access to social media sites Twitter and Whatsapp was blocked in Turkey on Friday, an internet monitoring group said, following the detentions of 11 pro-Kurdish lawmakers in the...
View ArticleHKMA grants stored value licences to eight more issuers including PayPal
HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) said on Friday that it had granted stored value facilities (SVF) licences to eight more issuers including Paypal Hong Kong Limited,...
View ArticleVodafone sells Dutch fixed-line operations to T-Mobile
AMSTERDAM (Reuters) - Vodafone's Dutch subsidiary said on Friday it had sold fixed-line operations with around 150,000 customers to Deutsche Telekom subsidiary T-Mobile Nederland for an undisclosed...
View ArticleChina internet authority formalizes regulations for live-streaming industry
By Catherine CadellBEIJING (Reuters) - Chinese internet authorities have formalized controversial rules regulating the country's fast-growing live-streaming video industry, in a move that strips out...
View ArticleU.S. bolsters cyber defense for election, few new steps on violence
By Julia Harte and Dustin VolzWASHINGTON (Reuters) - Federal and state authorities are beefing up cyber defenses against potential electronic attacks on voting systems ahead of U.S. elections on Nov....
View ArticleUber to go it alone as it expands into Southeast Asia
By Faith HungTAIPEI (Reuters) - Ride-hailing service Uber Technologies Inc [UBER.UL] will focus on organic growth as it expands into Southeast Asian markets, a senior vice president told Reuters on...
View ArticleCenturyLink to sell data centers, colocation business
By Liana B. Baker and Supantha Mukherjee(Reuters) - Telecommunications firm CenturyLink Inc said it would sell its data centers and colocation business to a group of funds for $2.15 billion in cash and...
View ArticleNetSuite shares on roller coaster ahead of $9.3 billion Oracle deal deadline
NEW YORK (Reuters) - Shares of cloud storage company NetSuite Inc dipped 1 percent to $92.80 on Friday, after surging the day before, maintaining a wide discount from Oracle Inc's takeover offer price...
View ArticleTesla Motors' SolarCity deal gets a boost from shareholder advisory firm
By Michael Flaherty(Reuters) - Institutional Shareholder Services (ISS) on Friday recommended that investors in both companies approve Tesla Motors' plan to buy solar panel installer SolarCity for more...
View ArticleExclusive: Vimpelcom set for radical overhaul from telco to internet player -...
By Anthony Deutsch and Eric AuchardAMSTERDAM/LONDON (Reuters) - Vimpelcom is undertaking the telecom industry’s most radical overhaul to date, weaning itself from declining revenues from voice and data...
View ArticleGerman prosecutors investigate Facebook over hate postings
BERLIN (Reuters) - German prosecutors are investigating Mark Zuckerberg and other Facebook executives, a spokesman for the Munich prosecutor's office said on Friday, following a complaint alleging the...
View ArticleMexico disqualifies mobile network consortia, leaving one bid
MEXICO CITY (Reuters) - The Mexican government on Friday disqualified one of the consortia competing in a tender to build and run a national wholesale mobile network, leaving just one bid remaining for...
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