MUMBAI (Reuters) - India's cabinet approved on Wednesday an increase to the cap on airwaves that a mobile operator can hold to 35 percent from 25 percent, the federal government said in a statement. [Source]
NEW DELHI (Reuters) - India has set a March 31 deadline for London-based political consultancy Cambridge Analytica to respond to a query on whether it was engaged to improperly harvest Facebook data on Indian citizens, the information technology ministry said.
NEW YORK (Reuters) - An Atlanta cyberattack has caused widespread city-run program outages and raised fears about the security of financial and personal data belonging to government workers, residents and others who have used online services provided by Georgia's capital city, officials said on Friday.
LONDON (Reuters) - Britain's Rolls-Royce said its Trent 7000 engines which power the Airbus A330neo jet are not affected by the issues with the Trent 1000 engine, some of which have needed unscheduled maintenance as the turbine blades have worn out more quickly than expected.
WASHINGTON (Reuters) - The Republican head of a government oversight panel in Congress asked U.S. Interior Secretary Ryan Zinke this week to provide details on a contract to replace doors in his office that initially ran to $139,000, one of several inquiries by lawmakers of spending by Trump administration officials.
(Reuters) - Dropbox Inc's shares closed at $28.42, up more than 35 percent in their first day of trading on Friday, as investors rushed to buy into the biggest technology initial public offering in more than a year even as the wider sector languished.
WASHINGTON (Reuters) - Federal Communications Commission Chairman Ajit Pai said he shares the concerns of U.S. lawmakers about espionage threats from Chinese smartphone maker Huawei Technologies Co and plans to take "proactive steps" to ensure the integrity of the U.S. communications supply chain.
(Reuters) - Verified Facebook pages of Elon Musk's rocket company SpaceX and electric carmaker Tesla Inc disappeared on Friday, minutes after the Silicon Valley billionaire promised on Twitter to take down the pages when challenged by users.
(Reuters) - Rocket company SpaceX's verified Facebook page disappeared on Friday, minutes after its founder and Silicon Valley billionaire Elon Musk promised on Twitter to take down the page when challenged by a user.
HONG KONG (Reuters) - Smartphone maker Huawei Technologies Co Ltd [HWT.UL] said it has elected a new board in its first reshuffle since 2012, shedding some light on the company's succession plans following speculation about the retirement of founder Ren Zhengfei.
BEIJING/SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd is planning a mainland listing via depositary receipts that could come as early as the middle of this year, Thomson Reuters unit IFR reported, citing a person with knowledge of the matter.
(Reuters) - Facebook Inc will be removed from the Australia-based BetaShares Global Sustainability Leaders Exchange Traded Fund (ETHI) due to recent "controversies", its Responsible Investment Committee (RIC) said on Friday.
SHANGHAI/BEIJING (Reuters) - China's capital city has given the green light to tech giant Baidu Inc to test self-driving cars on city streets, indicating strong support for the budding sector even as the industry reels from a fatal accident in the United States.
TOKYO (Reuters) - Japan's financial watchdog on Friday issued a warning to Hong Kong-based cryptocurrency exchange Binance for operating without registration, the latest move by regulators to tighten standards in the country's digital money industry.
SEOUL (Reuters) - Samsung Electronics Co Ltd shareholders approved a stock split on Friday making it easier for retail shareholders to hold shares in the tech giant, at an annual meeting also dogged by concerns about global trade tensions.
NEW YORK (Reuters) - JPMorgan Chase & Co is considering a spin-off of its marquee blockchain project Quorum believing independence from the bank could increase the platform's appeal, sources familiar with the matter said on Thursday.
WASHINGTON (Reuters) - The U.S. Transportation Department said on Thursday that airlines carried 3.4 percent more passengers on U.S. domestic and international flights in 2017 for an all-time high of 965 million passengers.
NEW YORK (Reuters) - The cryptocurrency trading marketplace could be improved by applying some of the principles from the stock market such as best execution and surveillance, a senior U.S. Securities and Exchange Commission official said on Thursday.
BRUSSELS (Reuters) - The European Union is planning to apply tougher consumer laws to social media networks and email providers like Facebook and Google's Gmail as scrutiny of data protection grows in the wake of an outcry over Facebook's handling of data.
MEXICO CITY, March 22 (Reuters) - Mexico's landmark wholesale national mobile network launched this week, but without a single major wireless carrier on board, renewing debate about how best to boost competition in the telecom sector dominated by billionaire Carlos Slim.
(Reuters) - Consulting services firm Accenture Plc trimmed its yearly forecast for profit margins, driving its stock down 6 percent on Thursday and overshadowing quarterly results that comfortably topped Wall Street targets.
(Reuters) - U.S. stock fell sharply at the open on Thursday as technology stocks slumped on fears of increased regulations in the wake of Facebook Inc's data privacy issues, while the United States' plan to impose tariffs on China stoked fears of a trade war.
FRANKFURT (Reuters) - BMW will not mass produce electric cars until 2020 because its current technology is not profitable enough to scale up for volume production, the chief executive said on Thursday.
JOHANNESBURG (Reuters) - Naspers is cutting its stake in lucrative Chinese investment Tencent by as much as 2 percent in a deal that could net the South African media and e-commerce group up to $11 billion.
ROME (Reuters) - Telecom Italia (TIM) is open to selling a stake in its soon-to-be-created network company and list the unit, but only once it becomes a fully regulated business to ensure stable returns, two sources with direct knowledge of the matter said.
SINGAPORE (Reuters) - Global tech giants including Facebook and Twitter on Thursday expressed concern about a possible Singapore plan to bring in a new law to tackle the threat of fake news, saying sufficient rules are already in place.
HONG KONG (Reuters) - Tencent Holdings lost almost $20 billion from its market value on Thursday after the Chinese internet giant missed quarterly revenue estimates and warned that planned investments may hurt margins.
HONG KONG (Reuters) - China's SZ DJI Technology Co Ltd, the world's largest maker of drones for consumers, is in talks with investors for at least $500 million in funding ahead of a planned stock market debut, people with knowledge of the matter said.
WASHINGTON (Reuters) - A federal spending bill released late on Wednesday included bipartisan legislation that would amend a decades-old privacy law to clarify that a U.S. warrant seeking data stored overseas is valid in certain circumstances.
LONDON (Reuters) - Britain will announce a task force on Thursday to exploit the technology underpinning cryptoassets, such as bitcoin and other cryptocurrencies, as part of new plans to help fintech companies to find more customers.
SAN FRANCISCO (Reuters) - Collaboration software provider Slack Technologies Inc is building a safety engineering team that will develop methods to help reduce the disruptions that have been more frequent on Slack's service than rival systems, the company told Reuters.
STRATFORD, Ontario (Reuters) - A Canadian town known for its annual theater festival is emerging as a hub of "snowtonomous" research, as automakers face demands to produce self-driving cars that can perform in snow and sleet.
WASHINGTON/NEW YORK (Reuters) - Tech start-ups that issue digital tokens to raise funds are falling in line with U.S. securities laws or seeking legal ways to skirt them after the Securities and Exchange Commission (SEC) said it planned to regulate the market.
WASHINGTON (Reuters) - Lawmakers have included nearly $400 million in a massive federal government spending bill to help safeguard U.S. voting systems from cyber attacks, three sources familiar with negotiations said on Wednesday.
MUNICH (Reuters) - BMW will not change its strategy on autonomous vehicle testing despite the death of a pedestrian struck by a self-driving car during tests by ride-hailing firm Uber [UBER.UL], senior executives said on Wednesday.
BEIJING (Reuters) - Chinese electric vehicle (EV) maker BYD Co will open a battery recycling plant in Shanghai in the second quarter as it looks to reduce raw material costs and help to address battery waste, a spokeswoman said on Wednesday.
HONG KONG (Reuters) - Chinese internet giant Tencent Holdings will step up investments in areas such as video, payment and artificial intelligence, it said after reporting better than expected quarterly net profit thanks to a string of successful IPOs.
MELBOURNE (Reuters) - Fernando Alonso has played down reliability concerns about the new Renault-powered McLaren, saying problems that arose during pre-season testing have been fixed and the car will be "100 percent" ready for the season-opening Australian Grand Prix.
HONG KONG (Reuters) - Chinese internet giant Tencent Holdings Ltd posted on Wednesday a 98 percent rise in quarterly net profit, beating expectations as it deepens monetization of the growing traffic on its social networks.
HONG KONG (Reuters) - China's biggest smartphone makers are collaborating to promote download-free "fast apps", in a move backed by the government and likely to threaten Tencent Holdings' grip on mobile traffic with its wildly popular WeChat app.
(Reuters) - Daniel Ek, the CEO and co-founder of streaming music leader Spotify Technology SA , is eligible to sell up to 15.8 million shares of the company worth up to $2 billion in its direct listing, the company disclosed in a filing on Tuesday.
BUENOS AIRES (Reuters) - Financial policymakers from the world's top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage.
TEL AVIV (Reuters) - U.S. electric car company Tesla Inc said on Tuesday that Chief Executive Elon Musk, who was visiting Israel, did not discuss a collaboration with artificial intelligence firm Cortica.
BUENOS AIRES (Reuters) - Financial policymakers gathering in Buenos Aires on Tuesday agreed cryptocurrencies posed some risks but should not be banned altogether, the head of Italy's central bank said on Tuesday after the meeting.
(Reuters) - Salesforce.com Inc is in advanced discussions to acquire U.S. software maker MuleSoft Inc , people familiar with the matter told Reuters on Tuesday, as it looks to expand its offerings beyond customer relationship management software.
CAIRO (Reuters) - Egypt suspended the licenses of ride-hailing companies Uber and Careem on Tuesday, in a court ruling after taxi drivers sought to shut down the two firms' operations in the country, judicial sources said.
BRATISLAVA (Reuters) - Slovak President Andrej Kiska rejected prime minister-designate Peter Pellegrini's proposed cabinet on Tuesday and called for stronger changes to the government by Friday to help calm a political crisis brought on by the murder of a journalist.
CAIRO (Reuters) - An Egyptian court on Tuesday ordered the suspension of licences for ride-hailing companies Uber and Careem pending a lawsuit calling for them to halt services in Egypt, judicial sources said.
TEL AVIV (Reuters) - Retired Mossad chief Tamir Pardo said he has assembled a team of more than 30 hackers from Israel's security and intelligence services into a startup called XM Cyber that seeks to keep companies' networks safe by imitating how real hackers work.
SHANGHAI (Reuters) - Delegates to China's annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted the market.
WELLINGTON (Reuters) - Internet entrepreneur Kim Dotcom said on Tuesday he has filed an application for former U.S. President Barack Obama to appear in court in relation to a damages claim over his defunct Megaupload streaming website while Obama visits New Zealand this week.
NEW YORK (Reuters) - A U.S. judge on Monday rejected BlackBerry Ltd's request to dismiss a lawsuit claiming it inflated its stock price and defrauded shareholders by painting a misleadingly positive picture of sales prospects for its BlackBerry 10 smartphones.
SAN FRANCISCO/ FRANKFURT (Reuters) - Facebook faces substantial business risks from new European Union privacy rules set to take effect in May, a looming reality that came into stark relief over the weekend with revelations that a controversial political consulting firm had improperly obtained personal data on 50 million Facebook users.
NEW YORK (Reuters) - With European and U.S. lawmakers calling for investigations into reports that Facebook user data was accessed by UK based consultancy Cambridge Analytica to help President Donald Trump win the 2016 election, investors are asking even more questions about the social media company's operations.
BUENOS AIRES (Reuters) - The world's financial leaders gathering in Argentina on Monday are likely to stop short of any specific action aimed at regulating cryptocurrencies such as Bitcoin, amid discord over the approach, sources at the summit told Reuters.
SAN FRANCISCO (Reuters) - A California regulator issued a proposed decision on Monday classifying Uber Technologies Inc [UBER.UL] as the same type of transportation as limousines and tour buses, a finding that could change how the ride-hailing company is regulated in its home state.
SAN FRANCISCO (Reuters) - Alphabet Inc's Google on Monday unveiled new tools for game developers, days after opening Maps to create location-based online games, challenging technology rivals including Amazon.com Inc in the bid for a bigger slice of the lucrative industry.
LONDON (Reuters) - Regulators from across the world start work this week on a blueprint for a global "sandbox" or testing bed for new financial technology applications, Britain's Financial Conduct Authority said on Monday.
(Reuters) - SoftBank Group Corp could relist ARM Holdings, the British chip designer it bought two years ago, according to a senior executive at the Japanese conglomerate, the Financial Times reported on Monday.
(Reuters) - Most buyers prefer to be left alone as they shop in store for items like apparel and prefer to use in-store technology for customer service over personalized attention from store employees, according to a new study.
BERLIN (Reuters) - German online retailer Home24, which wants to challenge IKEA's dominance of the European furniture market, accelerated sales and trimmed its losses in the fourth-quarter after sources said it is considering a stock market listing.
(Reuters) - Apple Inc is developing its own MicroLED device displays and has made small numbers of the screens for testing, Bloomberg reported, in a move that could hurt Asian display suppliers to the U.S. tech giant over the long-term.
LONDON (Reuters) - The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more toward reviewing existing rules and away from designing new ones.
GAZA (Reuters) - Hamas-run security services in Gaza have shut down a cellular company's headquarters over its alleged failure to cooperate in their investigation of a suspected attempt to assassinate the Palestinian prime minister, security officials said on Sunday.
(Reuters) - Activist investor Carl Icahn on Friday disclosed a 6.86 percent stake in Sharpie pens maker Newell Brands Inc , and said he could seek a board seat at the company, which is already battling another top shareholder over board representation.
Two embattled cabinet secretaries — Ben Carson and David Shulkin — remained in their jobs Friday. The absence of any formal announcements suggested an effort to tamp down the anxiety in the West Wing.
WASHINGTON (Reuters) - A federal court has halted the activities and frozen the assets of four people who allegedly promoted schemes falsely promising large returns for small payments of bitcoin and other cryptocurrencies, the Federal Trade Commission said on Friday.
ISTANBUL (Reuters) - Istanbul's taxi drivers have taken Uber to court, accusing the U.S.-based ride-hailing app of endangering their livelihoods in a case that could crimp its business in Europe's largest city.
BUENOS AIRES (Reuters) - Argentina is preparing to auction 90 megahertz of 4G spectrum to mobile telephone and internet companies in a process that has already attracted interest from Telecom Argentina SA, Telefonica SA and Claro, a government source told Reuters.
HONG KONG (Reuters) - JD.com Inc's finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said.
LONDON (Reuters) - Britain's second city Birmingham is seeking clarity from Uber [UBER.UL] on its business model as it decides whether to renew the taxi app's license after granting a temporary extension.
HONG KONG (Reuters) - Shares in Leshi Internet Information & Technology Corp Beijing slumped 10 percent on Friday after its chairman resigned, fanning fears he would no longer play a white knight role for the embattled firm.
TOKYO (Reuters) - Uber Technologies is discussing the possibility of installing its self-driving system in Toyota Motor Co vehicles as the U.S. ride-hailing firm seeks to sell its autonomous driving technology to outside companies, the Nikkei reported on Friday.
HONG KONG (Reuters) - Shares in Leshi Internet Information & Technology Corp Beijing slumped by their daily limit of 10 percent on Friday after its chairman resigned, fanning fears he would no longer play a white knight role for the embattled firm.
SHANGHAI (Reuters) - China is preparing to launch depository receipts that would open the door to some of the country's top tech firms issuing a form of shares on the mainland, the state-run Shanghai Securities News said on Friday, citing a senior regulatory official.
WASHINGTON (Reuters) - Lawmakers pushing legislation aimed at preventing China from acquiring sensitive U.S. technology have proposed relaxing elements of the measure after lobbying by high-tech firms but will tighten another portion, according to a draft revision seen by Reuters.
(Reuters) - Adobe Systems Inc topped analysts' profit and revenue estimates for the seventh straight quarter on higher subscriptions for its Creative Cloud suite of software, and pointed to rising average revenue per user.
LONDON/SAN FRANCISCO (Reuters) - Streaming music leader Spotify used its cultural cool factor to appeal to mom-and-pop investors in an unconventional presentation ahead of its April 3 stock market listing.
(Reuters) - Adobe Systems Inc's earnings and revenue topped Wall Street forecasts for the seventh straight quarter, led by higher subscriptions for its flagship Creative Cloud suite of software that houses Photoshop.
LONDON/SAN FRANCISCO (Reuters) - Streaming music leader Spotify said on Thursday it has a clear path to profit as it spelled out to retail investors its growth plans and how it aims to fend off big rivals Apple Inc and Amazon.com Inc ahead of an unusual April 3 listing.
(Reuters) - Online trading platform CMC Markets Plc said on Thursday it had launched contracts for differences (CFDs) and spreadbetting offerings for cryptocurrencies following significant interest from its users.
BERLIN (Reuters) - The Chinese government is evaluating a German law that lays the groundwork for use of self-driving cars, and will likely adopt some of the German rules, a legal expert said on Thursday.
BRUSSELS (Reuters) - Large companies with significant digital revenues in the European Union could face a 3 percent tax on their turnover under a draft proposal from the European Commission seen by Reuters.
LONDON/SAN FRANCISCO (Reuters) - Streaming music leader Spotify said on Thursday it has a clear path to profit as it prepared to spell out to investors the company's growth plans and how it aims to fend off major rivals ahead of a stock market listing.
(Reuters) - Facebook Inc on Thursday said it will roll out the stripped down version of its social media platform, Facebook Lite, to more countries including developed ones, to attract users struggling with slower mobile data connections.
LONDON (Reuters) - HSBC will reveal a gender pay gap of 59 percent at its main UK banking operation, the biggest yet disclosed by a British bank, according to a copy of the lender's report on the subject seen by Reuters on Thursday ahead of its publication.
LONDON/SAN FRANCISCO (Reuters) - U.S. President Donald Trump has blocked microchip maker Broadcom Ltd's $117 billion takeover of rival Qualcomm amid concerns that it would give China the upper hand in the next generation of mobile communications, or 5G.
LONDON (Reuters) - Uber [UBER.UL] said on Thursday it will share data gathered from the millions of trips its cars make in London in the latest move to meet requests from the city's regulator, which stripped the taxi app of its license last year.
AMSTERDAM (Reuters) - Overnight stays in Amsterdam booked via AirBnB grew strongly in 2017, despite restrictions placed on homeowners by the city, according to a study published on Thursday by Colliers' and Hotelschool The Hague.
SEOUL (Reuters) - Samsung Electronics Co Ltd plans to begin building a new memory chip production line in China in late March, a spokesman said on Thursday, as the tech giant ramps up efforts to boost NAND flash technology to meet future demand.
(Reuters) - Canadian automotive parts supplier Magna International Inc said on Wednesday it will invest $200 million in Lyft Inc and work with the U.S. ride-hailing firm to manufacture self-driving cars.
(Reuters) - Wells Fargo & Co Chief Executive Officer Tim Sloan's total compensation for 2017 was $17.6 million, about 35 percent higher than the previous year, the third largest U.S. bank said in a regulatory filing http://bit.ly/2pcD4QI on Wednesday.
(Reuters Health) - A pregnant woman who becomes ill from the Zika virus faces a 7 percent chance that her child will be born with birth defects, and that risk jumps to nearly 13 percent if she becomes ill during the first trimester, a new study conducted in French territories in the Americas has concluded.
LONDON (Reuters) - Alphabet Inc's Google said on Wednesday it was banning advertisements for cryptocurrencies and initial coin offerings, the latest internet company to clamp down on the sector amid growing concerns about scams.
Having sacked Rex Tillerson as secretary of state, President Donald Trump has signaled that other heads could be meant for the guillotine. Perhaps as many as nine. Cabinet massacres of that scale are usually a sign of instability, even failing leadership. It wasn't Jimmy Carter's Crisis of Confidence speech in 1979 that destroyed his credibility so much as the mass Cabinet firing that followed it.
President Donald Trump is openly wondering what happened to the collection of officials he described only five months ago as the "finest group of people ever assembled" as members of his Cabinet find themselves embroiled in ethics scandals or woefully at odds with the White House.
MEXICO CITY (Reuters) - America Movil, Mexico's largest telecommunications firm, will roll out a faster 4.5G network in 76 cities across the country by the end of 2018, the company's chief executive Daniel Hajj said on Wednesday.
(Reuters) - Britain's privacy watchdog said it had dropped an investigation into WhatsApp after the messaging service signed an undertaking not to share the personal data of users with its owner Facebook.
BOCA RATON, Fla. (Reuters) - Cryptocurrency exchange operator Coinfloor said on Wednesday it will launch a futures exchange for digital assets that will include the first physically delivered bitcoin futures contracts next month.
LONDON (Reuters) - Facebook said on Wednesday it banned Britain First from its platform for breaking rules against inciting hatred, blacklisting a far-right group brought to global attention when U.S. President Donald Trump retweeted its anti-Islamic posts.
SHANGHAI (Reuters) - Most Chinese investors expect regulators to relax rules on initial public offerings (IPOs) by technology companies, and would like to invest in such domestic listings, the Shenzhen Stock Exchange said on Wednesday, citing a recent survey.
(Reuters) - JPMorgan Chase & Co has made a strategic investment in Mosaic Smart Data, a company that has developed technology to help banks make their fixed-income sales and trading businesses more profitable.
SAN FRANCISCO (Reuters) - YouTube will begin displaying text from Wikipedia articles and other websites alongside some videos in a couple of weeks as the unit of Alphabet Inc's Google attempts to combat hoaxes and conspiracy theories on the service, its chief executive said on Tuesday.
(Reuters) - Uber Technologies Inc said on Tuesday authorities in the northern English city of Sheffield had renewed the ride hailing service's operating license for five years following a brief suspension.
MEXICO CITY (Reuters) - Alphabet's Google said on Tuesday that it will launch a network of free Wi-Fi hotspots across Mexico, part of the search giant's effort to improve connectivity in emerging markets and put its products in the hands of more users.
A CORUNA, Spain (Reuters) - Zara, the fashion chain owned by the world's biggest clothing retailer Inditex , will introduce augmented reality displays from April, it said on Tuesday, in an effort to lure millennials into its stores.
BRUSSELS (Reuters) - The world's financial leaders will call on international standard-setting bodies on March 20 for stronger monitoring of crypto-assets and to assess the need for a multilateral response as such assets could at some point threaten financial stability.
NEW YORK (Reuters) - A global regulatory crackdown on cryptocurrencies created by startups to finance new projects could slow the pace of virtual currency sales as questions mount about their transparency and the risk of scams for investors.
COLOMBO (Reuters) - Sri Lanka is likely to lift a ban on social media networks this week, a government minister said on Tuesday, almost a week after blocking access to prevent the spread of communal violence.
SAN FRANCISCO (Reuters) - Women at Microsoft Corp working in U.S.-based technical jobs filed 238 internal complaints about gender discrimination or sexual harassment between 2010 and 2016, according to court filings made public on Monday.
(Reuters) - Amazon.com Inc has recalled some of its portable chargers in the United States following reports of overheating and fire, the U.S. Consumer Product Safety Commission (CPSC) said on Tuesday.
SAN FRANCISCO (Reuters) - Fitness-tracking app Strava said starting on Tuesday it will restrict access to an online map that shows where people run, cycle and swim and remove some data after researchers found it inadvertently revealed military posts and other sensitive sites.
WASHINGTON (Reuters) - Governments and central banks need to collaborate on developing regulations for crypto-assets to prevent them from becoming a new vehicle for money laundering and terrorist financing, International Monetary Fund Managing Director Christine Lagarde said on Wednesday.
JOHANNESBURG (Reuters) - Global music streaming provider Spotify is set to launch its services in South Africa on Tuesday, marking its entry into Africa, where there is a rapid uptake of smartphones and improving telecommunications infrastructure.
HELSINKI (Reuters) - Finland's government investment arm has spent about 844 million euros ($1.04 billion) on building a 3.3 percent stake in Nokia to strengthen national influence over the telecom network gear maker.
PIERRE, South Dakota (Reuters) - The woman walked into Cash Hogen's hardware store last fall to ask a single question about a KitchenAid mixer on display: What did the manufacturer call that color scheme?
MADRID (Reuters) - Over one thousand Amazon workers in Spain plan to stage their first strike with a two-day walkout to protest what unions claim are efforts to reduce employees' rights, union Comisiones Obreras (CCOO) said on Tuesday.
SEOUL (Reuters) - South Korea's top chat app operator Kakao Corp said on Tuesday it will start charging fees for some services such as faster taxi bookings and business trips, ending nearly three years of wholly free services offered by its taxi-hailing app.
JAKARTA (Reuters) - Indonesia's financial regulator said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults.
SHANGHAI (Reuters) - Talks between Telsa Inc and Shanghai authorities over building a local manufacturing plant remain on track, the city government said on Tuesday, easing concerns of a breakdown in negotiations after the electric carmaker's chief criticized Chinese trade rules last week.
SINGAPORE (Reuters) - Southeast Asia's Grab has formed a venture with Japanese credit card company Credit Saison Co Ltd to provide loans and lending services in the region, marking the ride-hailing firm's biggest expansion into financial services.
LONDON (Reuters) - Uber is seeking a second chance in Barcelona three years after it was forced to shut down in the face of taxi driver protests by introducing a fully licensed ride-hailing service that meets local transportation laws.
LONDON (Reuters) - Central banks should think hard about potential risks and spillovers before issuing their own cryptocurrency, the Bank for International Settlements (BIS) said in a report on Monday.
BRUSSELS (Reuters) - A consumer group on Monday said experts appointed by the European Commission to advise on tackling fake news had ignored the business model that gave the likes of Google and Facebook a motive for disseminating it.
TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist.
FRANKFURT (Reuters) - Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said.
FRANKFURT (Reuters) - The billionaire founder of United Internet has urged internet providers to found a joint company to build out Germany's high-speed broadband network, challenging market leader Deutsche Telekom to back the venture.
The Republican National Committee took to Instagram Friday to tout the number of women President Donald Trump named to senior-level positions on his campaign and in his administration, but their acclaim about gender progress was not entirely correct.
BEIJING (Reuters) - At a highway check point on the outskirts of Beijing, local police are this week testing out a new security tool: smart glasses that can pick up facial features and car registration plates, and match them in real-time with a database of suspects.
WASHINGTON (Reuters) - The Trump administration will send five cabinet secretaries to a U.S. Senate hearing next week to tout its plan to spur $1.5 trillion infrastructure improvements using $200 billion in new federal funding.
The White House held private meetings with four Cabinet-level officials last month to scold them for embarrassing stories about questionable ethical behavior at their respective agencies, sources familiar with the sessions tell CNN.
BERLIN (Reuters) - Germany's incoming minister with responsibility for digital policy says she will push social media giants to make users' information feeds more diverse and timely to avoid creating "echo chambers" for the like-minded.
WASHINGTON (Reuters) - The Trump administration will send five cabinet secretaries to a U.S. Senate hearing next week to tout its plan to spur $1.5 trillion infrastructure improvements using $200 billion in new federal funding.
LONDON (Reuters) - The proposed radical revamp of the Davis Cup format to create an end-of-season tennis World Cup would be welcomed by the players, according to Croatia's former U.S. Open champion Marin Cilic.
LONDON (Reuters) - The platinum industry has been waiting for fuel-cell cars to lift demand for years. Now, just as the technology finally looks to be gaining traction, carmakers are finding ways to slash the amount of the expensive metal used.
WASHINGTON (Reuters) - U.S. job growth likely rose at a brisk clip in February and probably pushed down the unemployment rate to a more than 17-year low of 4.0 percent, but wage gains are expected to have slowed after three straight months of strong increases.
WASHINGTON, March 9 (Reuters) - U.S. job growth likely rose at a brisk clip in February and probably pushed down the unemployment rate to a more than 17-year low of 4.0 percent, but wage gains are expected to have slowed after three straight months of strong increases.
TOKYO (Reuters) - Japanese auto parts supplier Denso Corp is buying an additional 4.5 percent stake in chipmaker Renesas Electronics in a deal worth $800 million based on market prices, as car makers accelerate the adoption of self-driving and other technologies.
NAGPUR, India (Reuters) - Indian ride-hailing firm Ola's pilot project to test a fleet of electric vehicles in the western city of Nagpur was expected to herald a coming revolution in the Indian autos industry. So far, though, it has only exposed fractures in Prime Minister Narendra Modi's ambitions to make all new vehicles electric by 2030.
NEW YORK (Reuters) - U.S.-based Multicoin Capital, an asset management firm with a long-term positive view on digital currencies, has raised capital from a slew of big individual and institutional investors led by influential venture capitalist Marc Andreessen, its co-founder and managing partner told Reuters.
WASHINGTON (Reuters) - A federal judicial panel said on Thursday that challenges to the Federal Communications Commission's repeal of the Obama era open internet rules will be heard by an appeals court based in San Francisco.
SINGAPORE (Reuters) - Southeast Asia's biggest ride-hailing firm, Grab, is in advanced negotiations to buy parts of Uber Technologies Inc's business in the region, said a source with knowledge of the talks, in what would be Uber's second retreat from an Asian market.
WASHINGTON (Reuters) - False news stories spread much more quickly and widely on Twitter than truthful ones, an imbalance driven more by people than automated "bot" accounts, researchers said on Thursday.