Technology

Technology

Exclusive: Facebook brings stricter ads rules to countries with big 2019 votes

SAN FRANCISCO (Reuters) – Facebook Inc told Reuters on Tuesday that it would extend some of its political advertising rules and tools for curbing election interference to India, Nigeria, Ukraine and the European Union before significant votes in the next few months. FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection […]

Technology

Verizon deepens ties with Apple, offers free Apple Music to some U.S. customers

FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Photo (Reuters) – Verizon Communications Inc (VZ.N) said on Tuesday it will include free Apple Music subscriptions in some of its top-tier U.S. data plans, deepening its ties with the iPhone maker. […]

Technology

Industry must rein in spend on electric, self-driving cars: Magna CEO

DETROIT (Reuters) – Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday. FILE PHOTO: Magna CEO Don Walker speaks during the company’s Annual Shareholder Meeting in Toronto, May […]

Technology

Snap CFO Tim Stone to resign, shares drop 8 percent

The Snapchat messaging application is seen on a phone screen August 3, 2017. REUTERS/Thomas White (Reuters) – Chief Financial Officer Tim Stone will be leaving Snap Inc (SNAP.N) less than a year after taking the job, the company said on Tuesday, the latest in a string of executive departures from Snap over the past year. […]

Technology

Snap CFO Stone to resign less than a year into role

The Snapchat messaging application is seen on a phone screen August 3, 2017. REUTERS/Thomas White (Reuters) – Chief Financial Officer Tim Stone will be leaving Snap Inc (SNAP.N) less than a year after taking the job, the company said on Tuesday, the latest in a string of executive departures from Snap over the past year. […]

Technology

U.S. charges hackers, traders with stealing SEC filings

(Reuters) – U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database. FILE PHOTO: Jay Clayton, Chairman of the Securities and Exchange Commission, listens during an interview with CNBC at the Sandler O’Neill + […]

Technology

U.S. charges suspected hacker, traders over SEC database hack

(Reuters) – U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with involvement in a scheme to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database. FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, […]

Technology

Take-Two, NBA extend global partnership

(Reuters) – Videogame publisher Take-Two Interactive Software Inc’s 2K label, the National Basketball Association (NBA) and the National Basketball Players Association (NBPA) on Tuesday announced a multi-year global partnership extension. The agreement allows Take-Two’s 2K studio to continue making its NBA 2K videogame franchise and other NBA-branded games, including smartphone apps. NBA 2K recently launched […]

Technology

Sunrise, Salt Mobile tee up for Swiss 5G mobile auction

ZURICH (Reuters) – Rivals Sunrise Communications and Salt Mobile plan to vie for spectrum needed to provide fifth-generation (5G) mobile services in a Swiss auction this month that is also likely to include market leader Swisscom. Telecoms operators are keen to get 5G spectrum for an edge in new digital services such as powering the […]

Technology

U.S. charges hacker, traders for infiltrating SEC database

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/File Photo (Reuters) – A Ukrainian computer hacker and several others were charged by U.S. authorities on Tuesday over their alleged roles in a scheme to trade on nonpublic corporate earnings news […]

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Apple loses bid to undo $440 million judgment in VirnetX patent case

FILE PHOTO: An electronic screen displays the Apple Inc. logo on the exterior of the Nasdaq Market Site following the close of the day’s trading session in New York City, New York, U.S., August 2, 2018. REUTERS/Mike Segar/File Photo (Reuters) – A U.S. appeals court on Tuesday upheld a judgment worth $440 million that was […]

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Belarus allows traders to buy shares with bitcoin

MINSK (Reuters) – Belarus launched a platform on Tuesday allowing traders to buy shares, gold, foreign exchange and other traditional assets with cryptocurrencies, which it says is the world’s first regulated tokenized securities exchange. An employee of VP Capital, one of the companies which launched a platform allowing traders to buy shares, gold, foreign exchange […]

Technology

Netflix raises prices for U.S. subscribers

FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson (Reuters) – Netflix Inc said on Tuesday it had raised prices for its U.S. subscribers by 13 percent to 18 percent, as the video streaming service spends heavily on original content and expands internationally. […]

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VW, Ford team up on trucks, eye deals on EVs, self-driving cars

DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company Jim Hackett, poses with Volkswagen CEO […]

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U.S. authorities charge several people in SEC hacking scheme

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/File Photo (Reuters) – U.S. authorities on Tuesday charged several individuals and companies in a scheme to trade on information in nonpublic corporate press releases by hacking into a U.S. Securities and […]

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Volkswagen, Ford set alliance centered on vans, pickups

DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co on Tuesday set an alliance that combines forces on commercial vans and pickups and said they were exploring expanding into joint development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company Jim […]

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TD Ameritrade taps Apple Pay for instant fund transfers to accounts

(Reuters) – Brokerage firm TD Ameritrade Holding Corp is tapping Apple Inc to help solve a problem that has lingered for decades: how to get money into a brokerage account and make it available to trade with on the same day. FILE PHOTO: A TD Ameritrade sign is seen outside a branch in Schaumburg, Illinois, […]

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Nokia to shed 350 jobs in Finland as part of cost cuts

FILE PHOTO: A cyclist rides past a Nokia logo during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman HELSINKI (Reuters) – Finnish telecom equipment maker Nokia is cutting 350 jobs in Finland as part of its plans to find savings worth 700 million euros ($800 million) by next year. “The planned […]

Technology

Four large deals boosted acquisitions of Israeli tech firms in 2018

TEL AVIV (Reuters) – Acquisitions of Israeli high-tech companies totaled $11.1 billion in 2018, up from $6.3 billion in 2017, boosted by four deals valued at more than $1 billion, a report released on Tuesday showed. The number of transactions however dropped 20 percent to 89 last year, according to the report by the Israel […]

Technology

Take-Two, NBA sign licensing deal of up to $1.1 billion: WSJ

(Reuters) – Take-Two Interactive Software Inc will pay the National Basketball Association (NBA) and its players’ union up to $1.1 billion over seven years, the WSJ reported on Tuesday, citing a person familiar with the matter. The agreement allows Take-Two’s 2K studio to continue making its NBA 2K videogame franchise and other NBA-branded games, including […]