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North Korean hackers behind attacks on cryptocurrency exchanges, South Korean newspaper reports

SEOUL (Reuters) - South Korea's spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday.

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N.J. nuclear power subsidy bill could cost $320 million per year

(Reuters) - Three state senators in New Jersey sponsored a bill that could cost electric ratepayers about $320 million a year to subsidize nuclear reactors that could otherwise be closed.

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Embraer sees 2024 commercial launch for Uber flying cabs

SAO PAULO (Reuters) - A network of electric aircraft Uber Technologies Inc is developing with Embraer SA is likely to launch commercially in 2024, the Brazilian planemaker's chief executive said on Friday, adding a year to the latest forecast from the ride-hailing company.

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False paradise? EU is no haven of Net neutrality, say critics

LISBON/MILAN (Reuters) - America's decision to scrap rules designed to ensure a free and open internet leaves the European Union as the biggest market where Net neutrality still prevails -- but critics say the EU is not a level playing field.

entertainmentNews reuters.com

'The Last Jedi' cruises toward $200 million domestic debut

LOS ANGELES (Reuters) - "Star Wars: The Last Jedi," the new film in the beloved space saga, opened with massive ticket sales that put it on track to ring up around $200 million at domestic theaters over the weekend, distributor Walt Disney Co said on Friday.

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'Tiger Cub' Griffin shuts his Blue Ridge hedge fund after 21 years

BOSTON (Reuters) - John Griffin is shutting his $6 billion Blue Ridge Capital hedge fund after more than two decades, becoming the latest high profile investor to liquidate his business as industry...

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Facebook defends itself against critics of social media

SAN FRANCISCO (Reuters) - Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world's biggest social media network and its competitors for transforming how people behave and express emotion.

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Blockchain consortium Hyperledger loses members, funding: documents

NEW YORK (Reuters) - More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters.

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Blockchain consortium Hyperledger loses members, funding -documents

NEW YORK, Dec 15 (Reuters) - More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters.

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Ebola victims sue Sierra Leone government over mismanaged funds

FREETOWN (Reuters) - Two Ebola survivors in Sierra Leone filed a lawsuit in a regional court on Friday, accusing the government of mismanaging funds during an epidemic that killed more than 3,000 people in the West African nation.

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BRIEF-Azimut Announces $1.55 Million Flow-Through Private Placement Financing

* AZIMUT ANNOUNCES $1.55 MILLION FLOW-THROUGH PRIVATE PLACEMENT FINANCING

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EU agrees clampdown on bitcoin platforms to tackle money laundering

BRUSSELS (Reuters) - European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.

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Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials

WASHINGTON (Reuters) - The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the matter told Reuters.

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EU agrees stricter bitcoin rules against money laundering, terrorist financing

BRUSSELS (Reuters) - The European Union agreed stricter rules to prevent money laundering and terrorist financing on bitcoin platforms on Friday.

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After U.S. decision, France says will continue to defend net neutrality

PARIS (Reuters) - France will continue to defend "net neutrality" irrespective of what other countries may do, Foreign Minister Jean-Yves Le Drian said on Friday, after a United States commission voted to ditch rules on the issue.

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Amazon to pay 100 million euros to settle Italy tax dispute

MILAN (Reuters) - Italy's tax authority said on Friday it had reached an agreement with e-commerce giant Amazon to settle outstanding tax claims covering the period 2011-2015.

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Battery suppliers struggle to keep up with demand for Porsche's Panamera

LEIPZIG, Germany (Reuters) - Battery suppliers are struggling to cope with buoyant demand for Porsche's Panamera hybrid sedan, the sports car maker told Reuters, in a sign parent Volkswagen's shift to cleaner vehicles may be paying off, but also of the challenges involved.

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UK watchdog to take closer look at initial coin offerings

LONDON (Reuters) - Britain's markets watchdog will step up its scrutiny of the initial coin offering (ICO) market to see if new rules are needed to protect investors after issuing an alert in September.

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Suspected North Korean cyber group seeks to woo bitcoin job seekers

FRANKFURT (Reuters) - The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group's activities.

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Regulator slaps conditions on D.Telekom all-you-can-watch video product

FRANKFURT (Reuters) - Germany's regulator ordered Deutsche Telekom on Friday to offer an all-you-can-watch video product on the same terms throughout the European Union, in a decision the company slammed as "incomprehensible", saying it would appeal.

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Russian ex-minister Ulyukayev jailed for eight years over $2 million bribe

MOSCOW (Reuters) - Former Russian economy minister Alexei Ulyukayev was found guilty of soliciting a $2 million bribe from Rosneft chief executive Igor Sechin and sentenced to eight years in jail on Friday.

Bribery and Kickbacks nytimes.com

Fancy Sausages and a $2 Million Bribe: A Trial Uncovers Kremlin Infighting

Aleksei V. Ulyukayev, a former economy minister, has been convicted of corruption after a power struggle with the head of the state oil company.

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Amazon to pay 100 million euros to settle Italy tax dispute: statement

MILAN (Reuters) - Italy's inland revenue service said on Friday it had reached an agreement with Amazon to settle outstanding tax claims covering the period 2011-2015.

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Danish central bank says 'no' to e-crown

COPENHAGEN (Reuters) - Introducing a digital version of the Danish crown currency would pose risks to financial stability without improving payment solutions for Danes, the central bank said on Friday.

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Congo child soldiers awarded $10 million compensation in landmark ruling

THE HAGUE (Reuters) - International war crimes judges awarded $10 million in compensation on Friday to child soldiers recruited by convicted Congolese warlord Thomas Lubanga - the largest reparation of it kind.

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Bitcoin hits new record high as warnings grow louder

LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.

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SAP says one-off item to reduce 2017 tax bill

FRANKFURT (Reuters) - German business software group SAP SE said on Friday lowered the forecast for its expected effective tax rate in 2017 to reflect the impact of an intra-group transfer of intellectual property rights.

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Luxembourg challenges EU order to recover tax from Amazon

BRUSSELS (Reuters) - Luxembourg is challenging a European Union order to recover about 250 million euros ($295 million) in back taxes from Amazon, saying it disagreed with EU state aid regulators' decision that the U.S. online retailer had received special treatment.

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Bitcoin hits new record high as warnings grow

LONDON (Reuters) - Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns grew over the risks of investing in the highly volatile and speculative instrument.

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BRIEF-Acorn International Reports Q3 Revenue $6.1 Million

* ACORN INTERNATIONAL REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2017 AND ANNOUNCES $2.0 MILLION SHARE BUYBACK PLAN

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BRIEF-Trovagene Prices $4.5 Million Public Offering

* PRICING OF PUBLIC OFFERING OF 15 MILLION SHARES OF ITS COMMON STOCK, COMMON WARRANTS TO PURCHASE UP TO 15 MILLION SHARES OF COMMON STOCK

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Siemens partners with Amazon as it ramps up industrial software platform

MUNICH (Reuters) - Siemens is partnering with Amazon as it accelerates the rollout of its MindSphere industrial software platform, the core of its bid to dominate the market in digital factory automation.

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Transneft says its computers were used for mining cryptocurrency

MOSCOW (Reuters) - Computers at Transneft have been used for the unauthorized manufacture, or "mining", of the cryptocurrency Monero, a vice-president of the Russian pipeline operator said.

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South Korea's Kakao to issue GDRs of up to $1 billion for M&A

SEOUL (Reuters) - South Korean messaging app service provider Kakao Corp said on Friday it is targeting raising up to $1 billion overseas for use in global mergers and acquisitions.

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BT and Sky strike deal to carry each other's channels

LONDON (Reuters) - Britain's leading pay-TV companies Sky and BT have agreed to supply their most popular channels to each other's platforms in a thawing of a once difficult relationship.

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Uber Eats to offer couriers insurance in Europe

BRUSSELS (Reuters) - Uber's [UBER.UL] food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of "gig economy" workers.

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BRIEF-‍Painted Pony Announces Fully-Funded 2018 Capital Budget​

* ‍GROWING ANNUAL AVERAGE DAILY PRODUCTION VOLUME BY OVER 45%​ IN 2018

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Indonesia's Go-Jek acquires three companies to boost payment services

JAKARTA (Reuters) - Indonesia's Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

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Moves in South Korea to make cryptocurrency trading more transparent

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

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UPDATE 2-Hedge fund Elliott prepares second challenge to Hess Corp

Dec 14 (Reuters) - Elliott Management Corp is readying for a new fight with Hess Corp to remedy what the activist hedge fund called on Thursday "continuing underperformance" by the U.S. oil and gas producer.

technologyNews reuters.com

South Korea blockchain association announces virtual currency transparency measures

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

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UPDATE 1-Hedge fund Elliott prepares second challenge to Hess Corp

Dec 14 (Reuters) - Elliott Management Corp is readying for a new fight with Hess Corp to help remedy what the activist hedge fund called on Thursday "continuing underperformance" by the U.S. oil and gas producer.

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BRIEF-Humana Prices $800 Million Debt Offering

* ‍SENIOR NOTES ARE COMPRISED OF $400 MILLION OF COMPANY'S 2.900 PERCENT SENIOR NOTES, DUE 2022, AT 99.830 PERCENT OF PRINCIPAL AMOUNT​

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Prosecutors say Long Island woman tried to use bitcoin to aid Islamic State

(Reuters) - A suburban New York hospital technician accused of using bitcoin and other cryptocurrencies to launder money meant for the militant group Islamic State was arrested on charges of money laundering in support of a foreign terrorist organization and bank fraud, prosecutors said Thursday.

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New York, New Jersey commit $3.65 billion to fund tunnel project

NEW YORK (Reuters) - New York and New Jersey on Thursday committed $1.75 billion and $1.9 billion, respectively, to fund a new rail tunnel underneath New York's Hudson River, part of an urgent program to expand and renovate Amtrak's aging and heavily traveled Northeast Corridor line.

technologyNews reuters.com

U.S. panel urges regulators to monitor financial innovation risks

WASHINGTON (Reuters) - A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

PersonalFinance reuters.com

Investors pull most money in 2017 from U.S. stock funds: Lipper

NEW YORK (Reuters) - Investors pulled $16.2 billion from U.S.-based equity funds during the latest week, according to Lipper, marking the largest withdrawals since December 2016.

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BRIEF-Spectra7 Announces $15 Million Bought Deal Financing

* SPECTRA7 MICROSYSTEMS - ENTERED INTO AGREEMENT WITH CANACCORD GENUITY CORP PURSUANT TO WHICH CANACCORD WILL PURCHASE 15,000 UNITS OF CO Source text for Eikon: Further company coverage:

politicsNews reuters.com

Fund managers seek stocks benefiting from Democratic gains in 2018 U.S. elections

NEW YORK (Reuters) - The surprise victory by Democrats in Tuesday's Alabama election for a U.S. senator is prompting fund managers to prepare for more losses by the Republican party in the 2018 mid-term Congressional elections.

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Amazon to start selling Apple TV, Google Chromecast

(Reuters) - Amazon.com Inc will start selling Google Chromecast and Apple TV, which compete against its Fire TV, on its online store, an Amazon spokeswoman told Reuters on Thursday.

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U.S. regulators ditch net neutrality rules as legal battles loom

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

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DaVita unit to pay $63.7 million to resolve U.S. billing probe

Dec 14 (Reuters) - A pharmacy services unit of DaVita Inc has agreed to pay $63.7 million to resolve allegations that it improperly billed federal healthcare programs for medications and paid illegal financial inducements to patients, the U.S. Justice Department said.

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German court rules against foreign intelligence mass communication surveillance

BERLIN (Reuters) - Germany's foreign intelligence agency (BND) must not store the metadata - such as phone numbers - of international phone calls for the purpose of intelligence analysis, a court rules on Thursday.

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Federal Communications Commission repeals net neutrality rules

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

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BRIEF-NGEx Announces CDN $10 Million Private Placement

* NGEX RESOURCES - INTENDS TO SELL ON A NON-BROKERED, PRIVATE PLACEMENT BASIS, AN AGGREGATE OF UP TO 10 MILLION COMMON SHARES AT $1.00/COMMON SHARE

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Hackers halt plant operations in watershed cyber attack

(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.

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Deckers wins proxy contest against hedge fund Marcato

BOSTON, Dec 14 (Reuters) - Deckers Outdoor Corp. beat back a challenge from activist hedge fund Marcato Capital Management when shareholders reelected all nine of the company's directors, the maker of UGG boots confirmed in a statement.

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Protesters gather as U.S. regulators meet to end net neutrality

WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind rules aimed at ensuring a free and open internet, as protesters gathered to oppose the change.

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Saudi hopes purge will help push to join anti-illicit funding body

DUBAI (Reuters) - Saudi Arabia has high hopes that a campaign of arrests to crack down on corruption will improve its chances of joining the Financial Action Task Force, a global body dedicated to combating illicit money flows.

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Sberbank CFO says previous talks with Alibaba finished

LONDON (Reuters) - Russian lender Sberbank's talks with Chinese e-commerce giant Alibaba have finished in their current form, the bank's Chief Financial Officer Alexander Morozov said on Thursday.

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Malaysia issues draft regulations for crypto currency businesses

KUALA LUMPUR (Reuters) - Malaysia's central bank on Thursday said it had issued draft regulations for digital currency businesses, but said that such currencies were still not legal tender in the country.

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Hackers shut down infrastructure safety system in attack: FireEye

(Reuters) - Hackers likely working for a nation-state recently penetrated the safety system of a critical infrastructure facility in an attack that caused operations to shut down, according to cyber security firm FireEye Inc, which said it investigated the incident.

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BRIEF-SunCoke Energy Partners Announces Commencement Of Private $70 Million Debt Offering

* SUNCOKE ENERGY PARTNERS, L.P. ANNOUNCES COMMENCEMENT OF PRIVATE $70 MILLION DEBT OFFERING

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BRIEF-Casa Systems Sees IPO Of 6 Million Shares Of Its Common Stock Priced At $13 Per Share

* CASA SYSTEMS INC SEES IPO OF 6 MILLION SHARES OF ITS COMMON STOCK PRICED AT $13.00 PER SHARE - SEC FILING

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Google Brain co-founder teams with Foxconn to bring AI to factories

(Reuters) - Andrew Ng, co-founder of some of Alphabet Inc -owned Google's most prominent artificial intelligence projects, on Thursday launches a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor.

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Online shopping won't grow forever, says Unibail boss creating malls giant

SYDNEY/PARIS (Reuters) - Online shopping has its limits and physical stores will never go out of fashion, says the CEO of Unibail-Rodamco which is betting $16 billion on buying Westfield to create a global mall giant.

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BRIEF-Alaska Airlines Says Begins Nonstop Service Between San Francisco Airport And Kailua-Kona Airport

* ALASKA AIRLINES SAYS BEGINS NONSTOP SERVICE BETWEEN SAN FRANCISCO INTERNATIONAL AIRPORT AND KAILUA-KONA INTERNATIONAL AIRPORT Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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Denmark considers using cryptocurrencies for humanitarian aid

COPENHAGEN (Reuters) - Denmark sees potential for blockchain technology in humanitarian aid and said on Thursday it is considering becoming the first donor country to move money using cryptocurrencies.

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Gibraltar launches financial services license for blockchain

LONDON (Reuters) - Gibraltar's financial services watchdog will introduce the world's first bespoke license for "fintech" firms using blockchain distributed ledger technology from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit.

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Tech firm raises $118 million in virtual coin offer to fund blockchain phone

TEL AVIV (Reuters) - Swiss-Israeli technology firm Sirin Labs said on Thursday it had raised $118 million in an initial coin offering (ICO) to support the development of an open source blockchain smartphone.

cnn.com

These states are running out of funding for the Children's Health Insurance Program

Sixteen states will run out of federal funding for CHIP -- the Children's Health Insurance Program -- by the end of January, according to the Kaiser Family Foundation. Three-quarters of all states expect to exhaust funds by the end of March unless Congress can agree to fund it.

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Federal Communications Commission set to reverse net neutrality rules

WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind net neutrality rules championed by Democratic former President Barack Obama that barred the blocking or slowing of internet traffic.

healthNews reuters.com

Treating bumps and humps: Dubai opens $10 million camel hospital

DUBAI (Reuters) - Pristine operating theaters and state-of-the-art medical equipment are featured in a new Dubai hospital that opened last week - exclusively for camels.

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Atos shares fall 2.8 percent after Gemalto rejects takeover bid

PARIS (Reuters) - Shares in Atos fell as much as 2.8 percent early on Thursday after Franco-Dutch chip maker Gemalto rejected its 4.3 billion euro ($5 billion) takeover bid.

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In major shift, Rakuten plots to become Japan's No. 4 wireless carrier

TOKYO (Reuters) - Japanese e-commerce firm Rakuten Inc said it would apply for a 4G mobile license, aiming to become the country's fourth major wireless carrier in a strategic shift that had analysts warning of an uphill battle to gain customers.

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Rakuten seeks license to become Japan's fourth major mobile carrier

TOKYO (Reuters) - Japanese online retailer Rakuten Inc said on Thursday it will apply for a fourth generation mobile carrier license, a move that if successful would see it become the country's fourth major wireless carrier.

worldNews reuters.com

Odebrecht paid firms linked to Peru's Kuczynski $4.8 million: document

LIMA (Reuters) - Brazilian builder Odebrecht transferred $4.8 million to companies linked to Peruvian President Pedro Pablo Kuczynski between 2004 and 2012, some of which was paid to a company Kuczynski controlled when he held senior government roles, according to a document the company sent to Congress.

technologyNews reuters.com

Finisar deal helps Apple block rivals' path to AR features

SAN FRANCISCO (Reuters) - Apple Inc's $390 million deal with chip supplier Finisar Corp announced on Wednesday helps lock in the supply of a component that Apple believes will play a big role in its future products by bolstering augmented reality features.

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BRIEF-EastGroup Properties Says Acquired Gwinnett Progress Center In Atlanta For $29.2 Million

* EASTGROUP PROPERTIES ANNOUNCES RECENT INVESTMENT AND FINANCING ACTIVITIES

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BRIEF-Raging River Exploration Announces 2018 Capital Budget Of $335 Million

* RAGING RIVER EXPLORATION INC. ANNOUNCES DUVERNAY LIGHT OIL DISCOVERY, OPERATIONAL UPDATE AND ANNOUNCES 2018 CAPITAL BUDGET OF $335 MILLION

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Rakuten eying entry into Japan's mobile carrier market: source

TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

politicsNews reuters.com

Stop-gap bill unveiled to fund U.S. government until Jan. 19

WASHINGTON (Reuters) - The chairman of the U.S. House Appropriations Committee on Wednesday introduced a bill to fund the government until Jan. 19 while Congress works on longer-term legislation, the panel said in a statement.

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Rakuten eyeing entry into Japan's mobile carrier market: source

TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

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BRIEF-Casi Pharmaceuticals Files For Stock Shelf Of Upto $100 Million

* CASI PHARMACEUTICALS INC FILES FOR STOCK SHELF OF UPTO $100 MILLION - SEC FILING Source text: [http://bit.ly/2zaieHQ] Further company coverage:

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BRIEF-Lexinfintech Holdings Ltd Sees U.S. IPO Of 12 Million

* LEXINFINTECH HOLDINGS LTD SEES U.S. IPO OF 12.0 MILLION AMERICAN DEPOSITARY SHARES REPRESENTING 24.0 MILLION CLASS A ORDINARY SHARES - SEC FILING

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T-Mobile to launch TV service in 2018, buy Layer3 TV

NEW YORK (Reuters) - T-Mobile US Inc said on Wednesday that it would launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount.

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Three U.S. men plead guilty to crimes tied to 2016 botnet attacks

(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks.

technologyNews reuters.com

Apple grants $390 million to Finisar to boost laser chip production

(Reuters) - Apple Inc said on Wednesday it had awarded $390 million to optical components maker Finisar Corp to boost production of laser chips that power iPhone X's features such as Face ID, Animoji and portrait mode photos.

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Mexican authorities warn cryptocurrency offerings could be a crime

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments and said fundraising programs known as initial coin offerings (ICOs) could potentially violate Mexican financial law.

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U.S. stock funds attract most cash in 7 weeks -ICI

NEW YORK, Dec 13 (Reuters) - U.S. fund investors dashed into domestic stocks, pouring the most cash in seven weeks into the market, according to Investment Company Institute (ICI) data on Wednesday. The funds collected $6 billion in the seven days through Dec. 6, according to the trade group, as the market is poised to close 2017 with another strong year of gains under its belt. "We're in literally the longest amount of days since a 5 percent drawdown in 25 years," said Gary Droz, ma

healthNews reuters.com

Medtronic settles states' probe into Infuse marketing for $12 million

BOSTON (Reuters) - Medtronic Plc has agreed to pay $12 million to resolve claims that the company engaged in a deceptive marketing strategy to promote its Infuse bone graft product used in spinal surgery, the Massachusetts attorney general said on Wednesday.

technologyNews reuters.com

Three men plead guilty to crimes tied to 2016 botnet attacks

(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court documents.

National Anthems nytimes.com

On Pro Football: Goodell Gets $200 Million for Last Deal, Owners Get … Continuity?

Exactly what did N.F.L. owners get for the $200 million they just committed to Roger Goodell?

technologyNews reuters.com

Mexico authorities warn of risks of cryptocurrencies

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday of the risks associated with cryptocurrencies and investment schemes known as initial coin offerings.

politicsNews reuters.com

U.S. House to stop using public funds for harassment settlements: speaker

WASHINGTON (Reuters) - The top Republican in the U.S. House of Representatives said on Wednesday that Congress was working on a package of reforms that would prohibit using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: In Harlem, a Shelter That Gives Young Men the Tools to Succeed

Create Young Adult Residences serves men 18 to 25, helping them transition into adulthood. It offers a support system that has proved invaluable to many residents.

healthNews reuters.com

Obamacare sign-ups rise to 1 million as pace picks up before deadline

NEW YORK (Reuters) - The number of consumers who signed up for 2018 Obamacare health insurance next year surpassed the 1 million mark in the second-to-last week of enrollment on the federally-run HealthCare.gov website, picking up the pace ahead of the Dec. 15 deadline.

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BRIEF-Comtech Telecommunications Receives $9.4 Million Order for Solid-State Power Amplifiers for In-Flight Connectivity

* COMTECH TELECOMMUNICATIONS-GOT ORDER FOR MORE THAN $9.4 MILLION FOR SOLID-STATE POWER AMPLIFIERSTO BE USED IN AIRBORNE, IN-FLIGHT CONNECTIVITY APPLICATION Source text for Eikon: Further company coverage:

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Finisar gets $390 million from Apple to make more iPhone X chips

(Reuters) - Finisar Corp is getting a $390 million investment from Apple Inc to revive a plant in Texas, which will boost production of chips that power high-profile iPhone X features including Face ID and portrait mode photos.

technologyNews reuters.com

T-Mobile to launch new television service in 2018, acquire Layer3 TV

NEW YORK (Reuters) - U.S. No. 3 wireless carrier T-Mobile US Inc will launch a new television service in 2018 and acquire television technology company Layer3 TV Inc for an undisclosed amount as part of its plans, it said on Wednesday.

technologyNews reuters.com

France proposes age-of-consent rule for Facebook users

PARIS (Reuters) - All French children under the age of 16 will have to seek parental approval to open an account on Facebook or any other social network under draft legislation presented on Wednesday.

technologyNews reuters.com

U.S. says hacker to plead guilty for role in 2016 cyber attacks

(Reuters) - The U.S. Department of Justice has caught one of the people involved in creating the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court papers.

politicsNews reuters.com

Congress to stop using public funds for harassment settlements: U.S. speaker

WASHINGTON (Reuters) - U.S. House Republican Speaker Paul Ryan said on Wednesday that Congress would stop using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.

technologyNews reuters.com

Greek top court clears way for U.S. extradition of Russian cybercrime suspect

ATHENS (Reuters) - Greece's top court cleared the way on Wednesday for the extradition to the United States of a Russian man, also wanted in Moscow, suspected of having laundered billions of dollars in the digital currency bitcoin.

technologyNews reuters.com

Germany monitoring bitcoin market impact: FinMin

BERLIN (Reuters) - Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange.

technologyNews reuters.com

Greek top court paves way for U.S. extradition of Russian bitcoin fraud suspect

ATHENS (Reuters) - Greece's Supreme Court on Wednesday paved the way for the extradition to the United States of Russian bitcoin fraud suspect Alexander Vinnik.

technologyNews reuters.com

Apple to invest $390 million in Finisar to ramp up chip production

(Reuters) - Apple Inc will give Finisar Corp $390 million to increase production of chips that power high-profile iPhone X features including Face ID, Animojis and portrait-mode photos.

companyNews reuters.com

BRIEF-Renesola Secures Financing From Sequoia Economic Infrastructure Income Fund For Poland Projects

* RENESOLA SECURES PROJECT FINANCING FROM SEQUOIA ECONOMIC INFRASTRUCTURE INCOME FUND FOR 55MW OF PROJECTS IN POLAND

technologyNews reuters.com

Deutsche Telekom, EWE to invest 2 billion euros in German fiber buildout

BERLIN (Reuters) - Deutsche Telekom is partnering with EWE AG [LANDWE.UL] to invest 2 billion euros ($2.4 billion) in building out a superfast glass-fiber broadband network in northwestern Germany, the companies said on Wednesday.

technologyNews reuters.com

Apple to invest $390 million in chipmaker Finisar

(Reuters) - Apple Inc said on Wednesday it would invest $390 million in Finisar Corp, which it will use to build out a plant in Texas to make chips that power popular iPhone features such as face ID, animojis and portrait-mode selfies.

technologyNews reuters.com

China's HNA says U.S lawsuit over failed deal 'baseless'

HONG KONG (Reuters) - China's HNA Group [HNAIRC.UL] said on Wednesday a U.S. lawsuit against the company and its Beijing-based unit Pactera Technology International Ltd over a failed acquisition was "baseless and without merit".

topNews reuters.com

Tech sector loses champion in death of San Francisco mayor

SAN FRANCISCO (Reuters) - San Francisco technology companies including Twitter, Salesforce.com, Uber and Airbnb lost an important ally on Tuesday with the sudden death of Mayor Ed Lee.

technologyNews reuters.com

British city of Sheffield gives Uber a welcome boost

LONDON (Reuters) - The northern English city of Sheffield has lifted a suspension on Uber's operating license after it provided satisfactory answers to questions about the taxi app's management, in a welcome boost to the firm's British operations.

technologyNews reuters.com

Toyota, Panasonic consider joint development of EV batteries

TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp said on Wednesday they are considering jointly developing batteries for electric vehicles (EVs), a partnership that could help Panasonic extend its market lead in automotive lithium-ion batteries.

technologyNews reuters.com

South Korea considers cryptocurrency tax as regulators grapple with 'speculative mania'

SEOUL (Reuters) - South Korea said on Wednesday it may tax capital gains from cryptocurrecy trading as global regulators worried about a bubble, with Australia's central bank chief warning of a 'speculative mania" that has seen the digital asset making rip-roaring gains.

technologyNews reuters.com

Founder of China's embattled LeEco placed on debt blacklist

SHANGHAI (Reuters) - The high-profile founder of struggling Chinese tech conglomerate LeEco has been placed on an official blacklist of debt defaulters, a further blow to a firm that had spent heavily to compete in areas from smart cars to online entertainment.

technologyNews reuters.com

Toyota, Panasonic to hold news conference at 1.30 a.m. ET

TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp on Wednesday said they would hold a joint news conference in Tokyo at 3:30 pm (0630 GMT).

technologyNews reuters.com

South Korea to hold emergency meeting on cryptocurrencies, measures expected Friday

SEOUL (Reuters) - South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday.

technologyNews reuters.com

Britain urged to prosecute social media firms over online abuse

LONDON (Reuters) - Social media companies should face prosecution for failing to remove racist and extremist material from their websites, according to a report by an influential committee.

technologyNews reuters.com

Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal

WASHINGTON (Reuters) - Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc should not be permitted to buy CNN parent Time Warner Inc because there was a risk it would lead to "recklessness" in journalism.

technologyNews reuters.com

Electric vehicle battery prices to steady by 2020: Hyundai Motor

SEOUL (Reuters) - Hyundai Motor Co believes electric vehicle battery prices will level off by 2020 due to supply constraints of key ingredients, ending years of sharp declines that have helped stimulate activity in the booming sector.

technologyNews reuters.com

Toshiba, Western Digital end chip dispute; joint investment to resume

(Reuters) - Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the embattled Japanese conglomerate's plans to sell its chip unit, the companies said in a statement, removing a key obstacle to the deal.

companyNews reuters.com

UPDATE 5-San Francisco Mayor Ed Lee dies at 65 - mayor's office

SAN FRANCISCO, Dec 12 (Reuters) - San Francisco Mayor Ed Lee, a champion for the technology sector and former civil rights attorney who sued the city on behalf of tenants and would go on to lead as its first Chinese American mayor, died early on Tuesday, officials said.

PersonalFinance reuters.com

Public pension funded ratio up in third quarter 2017: report

NEW YORK (Reuters) - The funded status of 100 of the largest U.S. public pension plans grew by $36 billion in third quarter of 2017, boosted by strong equity returns, according to a report released...

companyNews reuters.com

BRIEF-Electromed Inc Says Renewed Its $2.5 Million Revolving Line Of Credit With Venture Bank

* ELECTROMED INC - ON DEC 12, CO RENEWED ITS $2.5 MILLION REVOLVING LINE OF CREDIT WITH VENTURE BANK PURSUANT TO RIDER TO BUSINESS LOAN AGREEMENT

technologyNews reuters.com

UK city of York refuses to renew Uber's license in new regulatory setback

(Reuters) - The English city of York refused to renew Uber's [UBER.UL] license to operate there on Tuesday, the city council said, the latest regulatory setback suffered by the ride-hailing app.

technologyNews reuters.com

Bitcoin euphoria puts other retail bets in shade

(Reuters) - If you wondered why 18-year old twitterati and seasoned speculative traders alike have bet on bitcoin's surge toward $20,000 this week, look no further than the comparison with the past year's new stock exchange floatations.

companyNews reuters.com

BRIEF-Mason Graphite Announces $45 Million Bought Deal Private Placement Offering

* MASON GRAPHITE ANNOUNCES $45 MILLION BOUGHT DEAL PRIVATE PLACEMENT OFFERING

technologyNews reuters.com

UK city York refuses to renew Uber's licence

(Reuters) - The English city of York rejected Uber's licence renewal on Tuesday, citing concerns about the ride-hailing app's data breach and the number of complaints received, a city council spokesperson said.

worldNews reuters.com

Lafarge paid 13 million euros to armed groups to keep operating in Syria: rights group

PARIS (Reuters) - French cement group Lafarge paid close to 13 million euros ($15.2 million) to armed groups including Islamic State militants to keep operating in Syria from 2011-2015, human rights lawyers said on Tuesday.

companyNews reuters.com

BRIEF-Woodward Inc Says CEO Thomas Gendron's FY 2017 Total Compensation Was $7.3 Million

* WOODWARD INC SAYS CEO THOMAS GENDRON'S FY 2017 TOTAL COMPENSATION WAS $7.3 MILLION VERSUS $5.8 MILLION IN FY 2016 - SEC FILING Source text : http://bit.ly/2ANFHxJ Further company coverage:

businessNews reuters.com

Tezos director resigns, sowing more uncertainty at crypto startup

LONDON/ZURICH (Reuters) - One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned.

environmentNews reuters.com

Norway's PM says happy with sovereign fund's coal exclusion rules

PARIS (Reuters) - Norway's Prime Minister Erna Solberg on Tuesday said she had no immediate plans to toughen a rule that means a firm generating about a third or more of its income from coal is excluded from the country's $1 trillion sovereign wealth fund.

politicsNews reuters.com

Trump signs defense policy bill, urges U.S. Congress to fund it

WASHINGTON (Reuters) - President Donald Trump signed the annual defense policy bill on Tuesday and urged Congress to fully fund the measure and lift the budget caps that have forced limits on U.S. defense spending for several years.

technologyNews reuters.com

Lyft starts Canada service in first international foray

(Reuters) - U.S. ride-hailing firm Lyft Inc on Tuesday launched its service in Toronto, the first international market for the rival of much larger Uber Technologies Inc [UBER.UL].

businessNews reuters.com

VW's truckmaker Scania appeals 880 million euro fine for price fixing

STOCKHOLM (Reuters) - Swedish truckmaker Scania said on Tuesday it had filed an appeal against a decision by the European Commission to fine it 880 million euros ($1 billion) for taking part in a price fixing cartel.

technologyNews reuters.com

Cryptocurrency exchanges Coinbase, Bitfinex down

(Reuters) - Digital currency exchange operators Coinbase and Bitfinex reported problems with service through their websites on Tuesday, frustrating traders seeking to cash in on the latest surge in the value of bitcoin and other cryptocurrencies.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: Carrying a Load of Debt and Pain, and Determined to Get Stronger

Kristian Hidalgo, 24, aims to push through the pain, aches and fatigue of his illnesses while paying off his student debt.

technologyNews reuters.com

Facebook to book advertising revenue locally amid political pressure

BRUSSELS (Reuters) - Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-routing it via its international headquarters in Dublin although the move is unlikely to result in it paying much more tax.

companyNews reuters.com

BRIEF-Shieldx Networks Secures $25 Mln In Series B Funding

* SHIELDX NETWORKS - CLOSED $25M SERIES B ROUND OF FUNDING WITH NEW INVESTORS INCLUDING ASHAR AZIZ, DIMENSION DATA AND SYMANTEC VENTURES Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Soleno Therapeutics Announces $15 Million Private Placement

* SOLENO THERAPEUTICS ANNOUNCES $15 MILLION PRIVATE PLACEMENT

companyNews reuters.com

BRIEF-International Paper Co Enters Into A $660 Million Five-Year Credit Agreement

* ON DEC 8, CO ENTERED INTO A $660 MILLION FIVE-YEAR CREDIT AGREEMENT

technologyNews reuters.com

AIG launches new cyber threat analysis to gauge companies' risks

(Reuters) - American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, the insurer said on Tuesday.

domesticNews reuters.com

San Francisco Mayor Ed Lee dies at 65: mayor's office

SAN FRANCISCO (Reuters) - San Francisco Mayor Ed Lee died early on Tuesday, the mayor's office said in a statement that did not cite the cause of death.

domesticNews reuters.com

San Francisco Mayor Ed Lee dies at age 65: local media

(Reuters) - San Francisco Mayor Ed Lee died early on Tuesday, local media reported.

Lee, Edwin M nytimes.com

Ed Lee, San Francisco Mayor, Dies at 65

Mr. Lee was a civil rights lawyer who, in 2011, became the first Asian-American to be elected as mayor of the city.

cnn.com

San Francisco Mayor Ed Lee dead at 65

San Francisco Mayor Edwin M. Lee died early Tuesday morning at Zuckerberg San Francisco General Hospital, according to a statement from his office.

technologyNews reuters.com

Airbnb drops controversial payment card in France

PARIS (Reuters) - Short-term rental website Airbnb has agreed to withdraw a controversial payment system in France after government officials, including finance minister Bruno Le Maire, met with its managers on Monday.

technologyNews reuters.com

Taiwan's Far Eastern International fined T$8 million over SWIFT hacking incident

TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

Manhattan (NYC) nytimes.com

Climb a $150 Million Stairway to Nowhere

Watch the construction of “Vessel,” an interactive, 15-story sculpture that is the centerpiece of five acres of public space at the Hudson Yards development on Manhattan’s West Side.

technologyNews reuters.com

Taiwan's Far Eastern Int'l fined T$8 million over SWIFT hacking incident

TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

companyNews reuters.com

ING to stop funding utilities which rely too much on coal

LONDON, Dec 12 (Reuters) - ING by the end of 2025 will stop funding any utility company which relies on coal for more than 5 percent of its energy, the Dutch bank said on Tuesday.

companyNews reuters.com

Norway parties inclined to back fund's plan to slash oil exposure -report

OSLO, Dec 12 (Reuters) - Norway's $1 trillion sovereign wealth fund, the world's largest, will probably win backing from parliament for its proposal to cut most oil and gas stocks from its portfolio, business daily Dagens Naeringsliv reported on Tuesday.

technologyNews reuters.com

Rolls-Royce creates cross-business data unit to drive efficiency

LONDON (Reuters) - Rolls-Royce has created a data unit, named R2 Data Labs, that uses analytics, artificial intelligence and machine learning to improve efficiency across its civil and defense aerospace, marine, nuclear and power systems businesses.

worldNews reuters.com

EU suspends funding for Cambodian election

PHNOM PENH (Reuters) - The European Union has suspended funding for Cambodia's 2018 general election because the vote cannot be credible after the dissolution of the main opposition party, according to a letter sent to the national election committee on Tuesday.

companyNews reuters.com

BRIEF-Pershing Gold Announces Bought Deal Of Us$6.8 Million And Private Placement Of Us$6.8 Million

* PERSHING GOLD ANNOUNCES BOUGHT DEAL OF US$6.8 MILLION AND PRIVATE PLACEMENT OF US$6.8 MILLION

companyNews reuters.com

Blackstone's real estate fund buys 10 pct stake in Logicor- FT

Dec 12 (Reuters) - Blackstone Group LP's real estate fund is taking a 10 percent stake in European warehouse firm Logicor Ltd , the Financial Times reported on Tuesday citing people briefed on the matter.

technologyNews reuters.com

Amazon's cloud unit expands in China, with new partner in Ningxia

BEIJING (Reuters) - Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market.

companyNews reuters.com

BRIEF-Cowen Prices Offering Of $120 Million 3.00% Convertible Senior Notes Due 2022

* COWEN PRICES OFFERING OF $120 MILLION 3.00% CONVERTIBLE SENIOR NOTES DUE 2022

entertainmentNews reuters.com

Saudi sovereign fund plans cinema venture with AMC Entertainment

DUBAI (Reuters) - Saudi Arabia's main sovereign wealth fund said it planned to enter the cinema business with major U.S.-based movie exhibition company AMC Entertainment Holdings, as the conservative kingdom lifts a 35-year-old ban on cinemas.

technologyNews reuters.com

Philippine bank accuses Bangladesh of heist 'cover-up'

MANILA (Reuters) - The Philippines bank through which $81 million stolen from Bangladesh's central bank was channeled in February 2016 has accused Dhaka's monetary authority of covering up its negligence and demanded that it stop making the bank a "scapegoat."

companyNews reuters.com

BRIEF-Trico Bancshares Enters San Francisco Bay Area With Acquisition Of FNB Bancorp

* ENTERS SAN FRANCISCO BAY AREA WITH ACQUISITION OF FNB BANCORP

companyNews reuters.com

BRIEF-Advantage Oil & Gas Approved 2018 Capital Budget Of $175 Million

* ADVANTAGE OIL & GAS LTD - APPROVED A 2018 CAPITAL BUDGET OF $175 MILLION Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Amc Entertainment Holdings Signed Non-Binding Memorandum Of Understanding With Public Investment Fund Of Saudi Arabia

* AMC ENTERTAINMENT HOLDINGS INC - SIGNED NON-BINDING MEMORANDUM OF UNDERSTANDING WITH PUBLIC INVESTMENT FUND OF SAUDI ARABIA Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Mangrove Partners Master Fund-Continues To Have Conversations With Penn Virginia Board

* MANGROVE PARTNERS MASTER FUND-CONTINUES TO HAVE CONVERSATIONS WITH PENN VIRGINIA BOARD, PARTICULARLY WITH REGARDS TO STRATEGY AND CORPORATE GOVERNANCE

PersonalFinance reuters.com

Fidelity fund keeps $2 billion mandate in New York after manager's departure

BOSTON (Reuters) - A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New...

companyNews reuters.com

Fidelity fund keeps $2 bln mandate in New York after manager's departure

BOSTON, Dec 11 (Reuters) - A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New York state retirement plan.

technologyNews reuters.com

U.S. agency prepares to hand over internet oversight to FTC

WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to turn over oversight of internet service providers to another federal agency as it plans to vote on Thursday to revoke the landmark 2015 "net neutrality" rules.

technologyNews reuters.com

'More to come' after bitcoin futures launch: Cboe CEO

NEW YORK (Reuters) - The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday.

companyNews reuters.com

BRIEF-Block One Capital Inc. Announces $5 Million Non-Brokered Private Placement

* BLOCK ONE CAPITAL INC. ANNOUNCES $5,000,000 NON-BROKERED PRIVATE PLACEMENT

technologyNews reuters.com

Apple removes app after MyEtherWallet complaint

(Reuters) - IPhone maker Apple Inc said on Monday it had removed a paid iOS application from its App Store after MyEtherWallet, a free service for storing digital currencies, complained that the program was improperly using its name.

PersonalFinance reuters.com

U.S. fund firms make new push for bitcoin ETFs as futures debut

(Reuters) - Fund managers are racing to launch exchange-traded funds (ETFs) based on bitcoin after futures contracts based on the high-flying digital currency began trading on Sunday.

technologyNews reuters.com

SEC halts initial coin offering from restaurant review app

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has stepped in to stop an "initial coin offering" (ICO) from a restaurant review app, after the company failed to register it as a security.

technologyNews reuters.com

U.S. tech firm settles probe of Russian work on defense project

WASHINGTON (Reuters) - Netcracker Technology Corp will not face criminal charges for allowing Russian nationals without security clearance to work on a U.S. defense project after it agreed to adopt enhanced cyber security measures, authorities said on Monday.

companyNews reuters.com

Lending startup Affirm valued at $1.8 bln in latest financing round

SAN FRANCISCO, Dec 11 (Reuters) - Silicon Valley lending startup Affirm said on Monday it has raised $200 million in a fresh round of funding, boosting prospects as the firm aims to go after the market for millennial shoppers needing loans.

technologyNews reuters.com

Apple confirms deal to buy music discovery app Shazam

SAN FRANSICO (Reuters) - Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.

technologyNews reuters.com

Elliott says chipmaker NXP worth 23 percent more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday NXP Semiconductors NV is worth about 23 percent more than Qualcomm Inc's $38-billion offer to buy the chipmaker.

PersonalFinance reuters.com

Two fund firms make new push for bitcoin ETFs as futures debut

(Reuters) - Two fund managers are going back to U.S. securities regulators for permission to launch exchange-traded funds (ETFs) based on bitcoin, filings showed on Monday, after futures contracts...

companyNews reuters.com

UPDATE 1-Two fund firms make new push for bitcoin ETFs as futures debut

Dec 11 (Reuters) - Two fund managers are going back to U.S. securities regulators for permission to launch exchange-traded funds (ETFs) based on bitcoin, filings showed on Monday, after futures contracts began trading on Sunday in the high-flying digital currency.

technologyNews reuters.com

U.S. videogame makers may trounce sales estimates again

(Reuters) - Tepid holiday sales forecasts from two of the three major U.S. videogame producers have not dampened investors' confidence in one of the past decade's major stock market success stories for a simple reason: they almost always beat them.

cnn.com

Buyer of $450 million da Vinci painting revealed

technologyNews reuters.com

Elliott says chipmaker NXP worth more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday that NXP Semiconductors NV is worth $135 per share on an intrinsic standalone basis, more than the $110 Qualcomm Inc has offered to buy the company.

technologyNews reuters.com

Chinese electric car maker to put 'Weltmeister' on road next year

BEIJING (Reuters) - WM Motor Technology Co, one of a new breed of Chinese electric car companies, will use its company name "Weltmeister" as its brand and plans to start taking orders for its first product, a sport-utility vehicle, from April.

technologyNews reuters.com

EU must look at regulating bitcoin, ECB's Nowotny says

VIENNA (Reuters) - The European Union needs to consider regulating bitcoin, European Central Bank ratesetter Ewald Nowotny said on Monday, citing the risk of money laundering.

technologyNews reuters.com

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

technologyNews reuters.com

Apple, India wrangle over import tax on mobile parts: sources

NEW DELHI (Reuters) - Apple Inc has asked India to defer a planned increase in import taxes on mobile phone parts so it can expand its iPhone manufacturing in the country, but the government is unlikely to accede, people familiar with the matter said.

technologyNews reuters.com

Nokia's COO quits after eight months in the job

HELSINKI (Reuters) - Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.

companyNews reuters.com

Hong Kong activist fund tells Toshiba chip unit sale to Bain group not necessary

TOKYO, Dec 11 (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit sale to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

technologyNews reuters.com

China Telecom earmarked as Philippines' 3rd telecoms player: Manila officials

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

technologyNews reuters.com

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

ABU DHABI (Reuters) - Abu Dhabi's state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

technologyNews reuters.com

Hotly anticipated bitcoin futures surge 21 percent on debut

NEW YORK/SYDNEY (Reuters) - Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency even as critics warn of the risk of a bubble and price collapse.

Colleges and Universities nytimes.com

Big Jump in Million-Dollar Pay Packages for Private College Leaders

An annual survey showed that 58 presidents of private colleges earned more than $1 million, while the average pay package rose 9 percent.

cnn.com

McLaren's extreme $1 million supercar is street legal but made for the race track

McLaren says its new supercar wasn't built with "usability" in mind -- and the company isn't sorry about it.

technologyNews reuters.com

China Telecom earmarked as the Philippines' third telecoms player

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

topNews reuters.com

Trump blasts San Francisco murder acquittal, 'Dreamer' effort

WASHINGTON (Reuters) - U.S. President Donald Trump on Saturday juxtaposed a high-profile murder case involving an illegal immigrant from Mexico with efforts in Congress to protect undocumented immigrants brought into the United States when they were children.

United States Politics and Government nytimes.com

Trent Franks, Accused of Offering $5 Million to Impregnate an Aide, Abruptly Resigns

Mr. Franks, Republican of Arizona, resigned earlier than expected after two women said he wanted to use sex as a means to impregnate them.

healthNews reuters.com

U.S. House committee 'may reconsider' WHO cancer agency funds

LONDON (Reuters) - U.S. congressional committee members warned on Friday that Washington's funding of the World Health Organization's cancer research agency could be halted unless it is more open about its operations.

PersonalFinance reuters.com

SEC to delay mutual fund disclosures in cybersecurity push

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Friday it would delay new submissions of portfolio data by mutual funds, as the regulator beefs up its cybersecurity.

technologyNews reuters.com

France to allow blockchain for trading unlisted securities

PARIS (Reuters) - The French government opened the way on Friday for trading unlisted securities using blockchain digital ledgers with the adoption of new rules aimed at improving Paris' image as a center for financial innovation.

companyNews reuters.com

MOVES-OppenheimerFunds, KPMG, Janus Henderson

Dec 8 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com.