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Updated: 55 min 47 sec ago

Temasek-backed Vertex invests in cryptocurrency exchange Binance

Tue, 10/23/2018 - 11:19
Vertex Ventures, backed by Singapore state fund Temasek [TEM.UL], has invested in Binance, one of the world's biggest cryptocurrency exchanges, as it prepares to expand operations into the city-state, the firms said on Tuesday.

Amazon.com, Qualcomm to put Alexa assistant in more headphones

Tue, 10/23/2018 - 08:03
Microchip firm Qualcomm Inc is joining Amazon.com Inc to spread the use of Amazon's Alexa voice assistant in wireless headphones, the companies said on Monday.

Facebook shuts accounts of marketing group in Brazil election

Tue, 10/23/2018 - 07:39
Facebook Inc said on Monday it had removed 68 pages and 43 accounts associated with a Brazilian marketing group, Raposo Fernandes Associados (RFA), for violating the social media network's misrepresentation and spam policies.

Uber's dealmaking chief Poetzscher resigns

Tue, 10/23/2018 - 04:47
Cameron Poetzscher, who oversaw a string of high-profile deals at Uber Technologies Inc [UBER.UL], has resigned, weeks after a report on allegations of sexual misconduct against him at the ride-hailing firm.

U.S. regulator orders halt to self-driving school bus test in Florida

Tue, 10/23/2018 - 03:59
The National Highway Traffic Safety Administration on Monday said it had ordered Transdev North America to immediately stop transporting school children in Florida in a driverless shuttle as the testing could be putting them at "inappropriate" risk.

Launch of new iPhones helps chipmaker AMS's profit surge

Tue, 10/23/2018 - 02:40
Austrian chipmaker AMS AG reported a 49 percent increase in its third-quarter core profit and gave an upbeat forecast for the next period, largely because Apple started mass production of new phones that include its sensors.

Oculus co-founder to leave Facebook

Tue, 10/23/2018 - 01:14
VR headset maker Oculus co-founder Brendan Trexler Iribe is leaving Facebook Inc, according to his post on the social media network on Monday.

Aptoide wins court battle against Google in landmark case

Tue, 10/23/2018 - 01:05
Portuguese app store Aptoide said on Monday that a local court had ruled against Alphabet Inc's Google in a landmark case, ordering the U.S. giant to stop removing its app from users' mobile phones without their knowledge.

Netflix adds to growing debt pile with $2 billion bond issue

Tue, 10/23/2018 - 00:49
Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition.

Global rules on cryptocurrencies needed: Circle CEO

Tue, 10/23/2018 - 00:01
Major economies should launch coordinated regulation of cryptocurrencies, the head of Goldman Sachs-backed startup Circle said on Monday, underscoring growing industry support for international rules on digital money.

Portugal's Aptoide says wins first court ruling against Google

Mon, 10/22/2018 - 23:43
Portuguese app store Aptoide said on Monday a local court has ruled against Alphabet Inc's Google, ordering it to stop removing Aptoide's app from users' mobile phones without their knowledge in a landmark case.

Netflix $2 billion debt issue adds to spending nerves

Mon, 10/22/2018 - 23:13
Netflix Inc announced its third tap of debt markets in a year on Monday, aiming to raise another $2 billion as the streaming video pioneer invests heavily in original shows and acquiring content to fend off intensifying competition.

Discovery, PGA Tour to launch video streaming platform

Mon, 10/22/2018 - 21:42
The PGA Tour and pay TV operator Discovery Inc unveiled a live and on-demand video-streaming service on Monday that will allow golf fans access to nearly 150 tournaments annually.

Uber, Ola drivers strike in India, demanding higher fares

Mon, 10/22/2018 - 21:06
Hundreds of drivers for ride-hailing giant Uber and its local rival Ola went on strike in the two biggest Indian cities, Delhi and Mumbai, on Monday, demanding higher fares to meet rising fuel costs that are eating away at their incomes.

Netflix unveils $2 billion debt issue to fund new content

Mon, 10/22/2018 - 20:52
Netflix Inc announced its third tap of debt markets in a year on Monday, aiming to raise about $2 billion as the streaming video pioneer invests heavily in original shows and acquiring content to fend off intensifying competition.

BASF and Nornickel join forces in European EV battery push

Mon, 10/22/2018 - 19:14
Germany's BASF and Russian miner Norilsk Nickel (Nornickel) have struck a nickel and cobalt supply deal to meet growing demand for electric vehicle (EV) batteries.

PayPal backs emerging markets lender Tala

Mon, 10/22/2018 - 19:04
PayPal Inc Holdings Inc has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday.

Super Micro to review hardware for malicious chips

Mon, 10/22/2018 - 18:37
Super Micro Computer Inc said on Monday it will review its hardware for any proof of malicious chips as alleged in a recent media report.

Telefonica Deutschland calls for regulators to block Vodafone-Liberty deal

Mon, 10/22/2018 - 17:53
The head of Telefonica Deutschland called on Monday for EU regulators to block Vodafone's planned acquisition of Liberty Global, saying it would lead to a "quasi-monopolisation" of the German cable TV market.

BASF, Nornickel join forces in electric vehicle battery push

Mon, 10/22/2018 - 16:12
Germany's BASF and Russia's Norilsk Nickel (Nornickel) have signed a nickel and cobalt supply deal to address growing demand for batteries to power electric vehicles, they said on Monday.

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