Technology

  • A 3D printed Whatsapp  logo is seen in front of a displayed Facebook logo in this illustration taken

    (Reuters) - Britain's data privacy regulator said on Friday it would monitor how popular messaging service WhatsApp shares data with parent Facebook Inc under a new privacy policy. The Information Commission's Office (ICO) said while some users may be concerned by the lack of control provided by the updated privacy policy, …

  • File photo of Blackberry sign seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo

    (Reuters) - Troubled smartphone maker BlackBerry Ltd said it would raise about $605 million by selling convertible debentures to shareholder Fairfax Financial Holdings Ltd and other investors. The new debt that BlackBerry plans to issue will have a coupon of 3.75 percent and will be due in November 2020. If all of the …

  • A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London

    By Jonathan Stempel NEW YORK (Reuters) - A federal judge on Friday granted a request by Uber Technologies Inc and its chief executive officer to put a passenger's price-fixing lawsuit against them on hold, while they appeal his refusal to let them arbitrate the dispute. Calling his decision a "close call," U.S. District …

  • U.S. President Barack Obama attends a meeting with entrepreneurs in Havana

    By Timothy Gardner WASHINGTON (Reuters) - The Obama administration proposed a rule on Friday aimed at attracting thousands of immigrant entrepreneurs to start companies in the United States. The rule, proposed by the Department of Homeland Security, would ease the ability of startup founders to build companies if they …

  • A man holds his smartphone which displays the Google home page, in this picture illustration taken in Bordeaux, Southwestern France

    By David Shepardson WASHINGTON (Reuters) - Alphabet Inc's Google self-driving car project took a step closer to market with the hire of a top executive from Airbnb, the online vacation home rental marketplace. Shaun Stewart is joining Google as a director of the self-driving car project, spokesman Johnny Luu said on Friday. …

  • By Ole Mikkelsen and Pamela Barbaglia COPENHAGEN (Reuters) - Denmark-based card payment services company Nets aims to publish its plan for an initial public offering (IPO) next week, two people involved in the process told Reuters. An IPO on the Copenhagen bourse had been targeted within about five years of its acquisition …

  • (Reuters) - Cloud services provider Rackspace Hosting Inc said it agreed to be taken private by Apollo Global Management LLC in a deal valued at $4.3 billion (3.25 billion pounds), as the private-equity firm boosts its investments in the technology sector. Rackspace's shares were up 4.3 percent at $31.50 in early trading …

  • Leon Black, Chairman and CEO Apollo Global Management, LLC, takes part in Private Equity: Rebalancing Risk session during the 2014 Milken Institute Global Conference in Beverly Hills

    (Reuters) - Apollo Global Management LLC said on Friday it would buy cloud services provider Rackspace Hosting Inc in a deal valued at $4.3 billion, as the private-equity firm increases its investments in the technology sector.

  • (Adds Rackspace, AirAsia; updates Herbalife) Aug 26 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 1350 GMT on Friday: ** Apollo Global Management LLC said it would buycloud services provider Rackspace Hosting Inc in a dealvalued at $4.3 billion, as the private-equity firm increases …

  • The Kurdistan Workers' Party (PKK) militant group claimed responsibility for an attack on a police headquarters in southeast Turkey on Friday, according to a statement on a website affiliated to the group. The PKK also said it did not deliberately target the leader of Turkey's main opposition party in an attack in …

  • YouTube unveils their new paid subscription service at the YouTube Space LA in Playa Del Rey, Los Angeles

    By Julia Fioretti BRUSSELS (Reuters) - Websites such as Google's YouTube, DailyMotion and Pinterest could be required by the European Union to seek licences or revenue-sharing deals with artists for content that is uploaded by their users. The music industry has long complained that services such as YouTube do not pay …

  • The Arabic-language al-Watan and al-Qabas reported that the 26-year-old man identified as Othman Zebn Nayef was arrested after months of surveillance. Al-Qabas quoted the interior ministry's public information department as saying in a statement that Nayef confessed to being "a main member of the so-called Caliphate …

  • Democratic presidential nominee Hillary Clinton greets supporters at Hub Coffee Roasters in Reno

    (Reuters) - A U.S. judge ordered the State Department on Thursday to release by Sept. 13 any emails it finds between Hillary Clinton and the White House from the week of the 2012 attack in Benghazi, Libya, among the thousands of additional emails uncovered by federal investigators. The order came after the Federal Bureau …

  • Aug 26 (Reuters) - Beijing Xinwei Technology Group Co Ltd * Says major shareholder Datang Telecom Technology &Industry Holdings to unload up to 29.2 million shares in thecompany in next three mths Source text in Chinese: http://bit.ly/2bU3X5N Further company coverage: (Reporting by Hong Kong newsroom)

  • Aug 26 (Reuters) - Jiangsu Etern Co Ltd * Says unit's consortium wins power plant project inBangladesh for about $304.6 million Source text in Chinese: http://bit.ly/2bkGJU0 Further company coverage: (Reporting by Hong Kong newsroom)

  • EU mergers and takeovers (Aug 25) Reuters - UK Focus - 9 hours ago

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Buyout group CVC to acquire Swedish cigarette pack maker AR Packaging ...

  • Should you buy these cash-generating FTSE 250 (INDEXFTSE:MCX) stocks?

  • * PM says no doubt Kurdish PKK militant group responsible * Attack comes two days after Turkey mounts Syria incursion * Kurdish militants, ISIL taking advantage of putsch -dep PM (Adds prime minister, governor's office) By Dasha Afanasieva and Humeyra Pamuk ANKARA/KARKAMIS, Turkey, Aug 26 (Reuters) - A suicide truck …

  • By Colin Packham SYDNEY (Reuters) - Mustering cattle across rugged terrain and wide open spaces, Australia's newest drover is a far cry from a man with a big hat, a horse and fancy boots. Australia is the world's third largest cattle exporter but with the age of producers creeping higher, and cattle stations averaging …

  • A money lender counts Indian rupee currency notes at his shop in Ahmedabad

    MUMBAI (Reuters) - Payment services provider Net1 UEPS Technologies Inc will invest up to $40 million in Indian mobile wallet services provider MobiKwik over the next 24 months, the companies said in a joint statement on Friday. MobiKwik had previously raised three rounds of funding from investors including Sequoia Capital, …

  • MUMBAI (Reuters) - Payment services provider Net1 UEPS Technologies Inc will invest up to $40 million in Indian mobile wallet services provider MobiKwik over the next 24 months, the companies said in a joint statement on Friday. MobiKwik had previously raised three rounds of funding from investors including Sequoia Capital, …

  • A Chinese general has been arrested in China for violating party discipline, a Hong Kong newspaper cited two unnamed sources as saying, describing him as one of the most senior incumbent military officials to be targeted in Beijing's crackdown on corruption. Wang Jianping, 62, deputy chief of the joint staff department …

  • A driver leaves the office of taxi-hailing service Uber Inc during a driver recruitment event in Hong Kong

    By Heather Somerville SAN FRANCISCO (Reuters) - Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game. On the day the Didi deal was announced …

  • By Maria Haase Coelho BRUSSELS (Reuters) - Inspired by the success of Pokemon Go, a Belgian primary school headmaster has developed an online game for people to search for books instead of cartoon monsters, attracting tens of thousands of players in weeks. While with Pokemon Go, players use a mobile device's GPS and camera …

  • ANKARA, Aug 26 (Reuters) - Islamic State, Kurdish insurgents and Syrian-Kurdish fighters are attacking Turkey to try and take advantage of last month's failed coup, Turkish Deputy Prime Minister Numan Kurtulmus said on Friday. Kurtulmus also said on his official Twitter account that Turkey was determined to protect …

  • An illustration picture shows projection of binary code on man holding aptop computer in Warsaw

    A Chinese citizen has been arrested in Hong Kong in connection with a cyber attack that cost Austrian aerospace parts maker FACC 42 million euros ($47.39 million), Austrian police said on Friday. FACC fired its chief executive and chief financial officer after the attack, which involved hoax emails asking an employee to …

  • OPEC's Barkindo: Oil producers show realisation … Reuters Middle East - 11 hours ago

    OPEC Secretary-General Mohammed Barkindo sees a growing understanding inside and outside the oil producers' group that action is needed to manage crude production in order to support prices, he said in remarks published in London-based newspaper Al-Hayat.

  • An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore

    NEW DELHI (Reuters) - Indian IT services provider Infosys Ltd is seeing some 'softness' in clients after Britain voted in June to leave the European Union, a top company executive said during an analyst meet on Friday. Infosys will be in a better position by October to evaluate the impact of this on its earnings …

  • The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannotvouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on. DEBT Italy's Treasury said it would offer between 6.25-7.75billion euros over …

  • An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore

    NEW DELHI (Reuters) - IT services provider Infosys Ltd is seeing some 'softness' in clients after Britain voted in June to leave the European Union, a top company executive said during an analyst meet on Friday. Infosys will be in a better position by October to evaluate the impact of this on its earnings outlook …

  • An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign

    By Heather Somerville SAN FRANCISCO (Reuters) - Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game. On the day the Didi deal was announced …

  • Aug 26 (Reuters) - Brilliance Technology Co Ltd * Says issues prospectus for initial public offering inShenzhen Source text in Chinese: http://bit.ly/2bBIjUU (Reporting by Hong Kong newsroom)

  • Aug 26 (Reuters) - Jiangsu General Science Technology Co Ltd * Says issues prospectus for Shanghai IPO Source text in Chinese: http://bit.ly/2bF4R8T (Reporting by Hong Kong newsroom)

  • A sketch of a murder suspect as he might look today based on DNA is seen in an image released by the Aurora, Colorado, Police Department

    Police in the Denver suburb of Aurora have been stymied for 32 years in their efforts to find the person responsible for the stabbing and beating deaths of Bruce Bennett, 27, his wife, Debra, 26, their 7-year-old daughter, Melissa, and the beating of their 3-year-old daughter, Vanessa, who survived. Sometime between 9 …

  • The Apple Inc. logo is shown outside the company's 2016 Worldwide Developers Conference in San Francisco

    By Joseph Menn SAN FRANCISCO (Reuters) - Apple Inc issued a patch on Thursday to fix a dangerous security flaw in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident's phone had been targeted with a previously unknown method of hacking. The thwarted attack on the human rights …

  • (Reuters) - A U.S. judge ordered the State Department on Thursday to release by Sept. 13 any emails it finds between Hillary Clinton and the White House from the week of the 2012 attack in Benghazi, Libya, among the thousands of additional emails uncovered by federal investigators. The order came after the Federal Bureau …

  • Schools software couple among EY award winners The West Australian - 20 hours ago
    Schools software couple among EY award winners

    The couple behind the end-to-end software program used by more than 400 schools were last night named among eight regional winners of the EY Entrepreneur of the Year awards.

  • People enter a GameStop store during "Black Friday" sales in Carle Place, New York

    Analysts on average were expecting a profit of 53 cents, according to Thomson Reuters I/B/E/S. Sales in the company's gaming business have been on a downward spiral as video game publishers nudge consumers to buy games on their consoles directly instead of stores. Sales from the new video game hardware business fell about …

  • By David Henry NEW YORK (Reuters) - A consortium of banks holding the majority of U.S. consumer accounts plans to launch its instant, person-to-person payments brand Zelle in the first half of 2017, a spokesman said on Thursday. The group has posted its logo - which includes a vertical line bisecting the letter "Z" like …

  • Volkswagen cars are parked outside a VW dealership in London

    By David Shepardson WASHINGTON (Reuters) - Volkswagen AG has agreed to spend more than $1.2 billion to compensate its 650 U.S. dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter said on Thursday. The company and a lawyer for VW dealers announced a tentative …

  • Aug 25 (Reuters) - Wowo Ltd * Xiao nan guo adopted resolution to acquire a 9.82% stakein wowo limited * Total consideration of hk$368.4 million (approximatelyus$47.5 million) * 85.57% voted for ordinary resolution for xiao nan guo toacquire a 9.82% stake in wowo limitedSource text for Eikon: Further company coverage:

  • The Vivendi logo is pictured at the main entrance of the entertainment-to-telecoms conglomerate headquarters in Paris

    By Mathieu Rosemain, Gwénaëlle Barzic and Agnieszka Flak PARIS/MILAN (Reuters) - French media giant Vivendi and Italian broadcaster Mediaset are negotiating behind closed doors to forge an alternative partnership despite an ongoing war of words over a disputed pay-tv deal, three sources close to the matter told Reuters. …

  • Turkish forces shell Syrian Kurdish fighters south … Reuters Middle East - Fri, Aug 26, 2016 3:05 AM SGT

    The Turkish military shelled a group of Syrian Kurdish fighters south of the town of Jarablus on Thursday, a Turkish security source said, a day after Turkey launched its first U.S.-backed incursion into Syria. The shelling occurred near Manbij, an area controlled by the U.S.-allied Kurdish militia the People's Protection …

  • First driverless taxi hits the streets of Singapor … Reuters - Fri, Aug 26, 2016 1:52 AM SGT
    A nuTonomy self-driving taxi drives on the road in its public trial in Singapore

    By Christophe Van Der Perre SINGAPORE (Reuters) - The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore.     Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, …

  • Tesla wins U.S. antitrust approval to buy SolarCit … Reuters - Fri, Aug 26, 2016 1:44 AM SGT
    The logo of U.S. car manufacturer Tesla is seen in Zurich

    By Diane Bartz WASHINGTON (Reuters) - Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, the Federal Trade Commission said on Thursday. Tesla said in July after it made its first offer that by acquiring SolarCity the two companies would form a one-stop clean energy shop, offering …

  • EU to help make online films, TV shows more available … Reuters - Fri, Aug 26, 2016 1:25 AM SGT

    By Julia Fioretti BRUSSELS (Reuters) - The European Commission wants to make it easier for broadcasters like the BBC and Germany's ZDF to make shows available online across the 28-nation EU under a planned copyright reform that is expected to meet fierce opposition from the media industry. Under the EU executive's plans …

  • French fashion designer Sonia Rykiel dies aged 86 Reuters - Fri, Aug 26, 2016 12:51 AM SGT
    File photo of French designer Rykiel while she attended a ceremony at the Elysee Palace in Paris

    By Astrid Wendlandt PARIS (Reuters) - French fashion designer Sonia Rykiel died on Thursday at the age of 86, mourned by President Francois Hollande as an inventor of "an attitude, a way of life". Rykiel was a rare women at the top of a world dominated in the 1970s, 80s and early 90s by men such as Yves Saint Laurent …

  • German prosecutors review stolen Bosch data for VW … Reuters - Thu, Aug 25, 2016 11:55 PM SGT
    File photo of VW sign outside a Volkswagen dealership in London

    Prosectors in Stuttgart, Germany are examining a trove of stolen Bosch data to see whether it contains clues about how Volkswagen cheated diesel emissions tests. "We are reviewing it to see if it is relevant," a spokesman for the Stuttgart prosecutor's office said on Thursday. "Currently, I would question whether we will …

  • Britain's FTSE retreats as pharma stocks fall Reuters - UK Focus - Thu, Aug 25, 2016 11:44 PM SGT

    UK shares fell on Thursday, extending losses from the previous session as healthcare stocks dropped, though CRH rose after well-received results. The blue-chip FTSE 100 index was down 0.3 percent at 6,816.90 ...

  • More than 20 global fintech hubs to form federation … Reuters - Thu, Aug 25, 2016 11:24 PM SGT
    Hard disks are pictured inside a server room at a company in Bangkok

    By Jemima Kelly LONDON (Reuters) - Financial technology groups from more than 20 cities across the world plan to form a federation of 'fintech' hubs this year in what would be the first attempt to coordinate and globalise web-based innovation transforming the financial industry. Fintech is under the global spotlight because …

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