Technology

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.” FILE PHOTO: A security guard stands guard outside a branch of Rizal Commercial Banking Corporation
0 Comments
NEW YORK/LONDON (Reuters) – Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months. Chicago-based derivatives exchange Cboe Global Markets launched the futures late on Sunday, marking the first time investors could get exposure to the bitcoin market via a large, regulated exchange. The
0 Comments
SYDNEY (Reuters) – The front-month bitcoin futures contract XBTc1 on the Chicago-based CBOE Futures Exchange surged past $17,000 on Monday, the first day of trading. Virtual currency Bitcoin tokens are seen in this illustration picture, December 8, 2017. Picture taken December 8. REUTERS/Dado Ruvic/Illustration The January contract opened at $15,460 in New York on Sunday
0 Comments
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. Philippines President Rodrigo Duterte last month offered China the “privilege” of challenging a longstanding duopoly that
0 Comments
(Reuters) – Apple Inc Chief Design Officer Jony Ive is returning to day-to-day management of the company’s design teams after handing off managerial duties two years ago to focus on other projects, Apple told Reuters on Friday. FILE PHOTO – Apple CEO Tim Cook (R) plays with an iPhone as Jonathan Ive, Apple’s Chief Design
0 Comments
MOSCOW (Reuters) – What began as a grassroots online campaign featuring a schoolboy has grown into a mass hashtag protest against Russia’s exclusion from the Winter Olympics – backed by what appear to be fake Twitter accounts and users connected to past pro-Kremlin causes. FILE PHOTO: A 3D-printed Twitter logo displayed in front of Russian
0 Comments
BERLIN (Reuters) – More regulation and some degree of security are needed to make cryptocurrencies such as bitcoin a serious new asset class for investors, Deutsche Bank Chief Investment Officer Christian Nolting said. FILE PHOTO: The headquarters of Germany’s Deutsche Bank are seen early evening in Frankfurt, Germany January 31, 2017. REUTERS/Kai Pfaffenbach/File Photo **
0 Comments
SAN FRANCISCO/WASHINGTON (Reuters) – A 20-year-old Florida man was responsible for the large data breach at Uber Technologies Inc [UBER.UL] last year and was paid by Uber to destroy the data through a so-called “bug bounty” program normally used to identify small code vulnerabilities, three people familiar with the events have told Reuters. FILE PHOTO:
0 Comments
CARACAS (Reuters) – Venezuela’s plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say. Venezuela’s President Nicolas Maduro holds a gold bar during a meeting with representatives
0 Comments
(Reuters) – Shares in Chinese technology company Xunlei Ltd sank 12 percent on Tuesday, taking falls in the stock past 40 percent in two weeks as investors debated whether the company is set to benefit or suffer from a boom in cryptocurrency stock plays. FILE PHOTO – Hard disks are pictured inside a server room
0 Comments
FRANKFURT (Reuters) – An investment vehicle owned by Tsinghua Unigroup Ltd, China’s top state silicon chipmaker, has raised its stake in Anglo-German Dialog Semiconductor (DLGS.DE) to 7.15 percent, according to a regulatory filing on Tuesday. A semiconductor wafer is seen at Tsinghua Unigroup research centre in Beijing, China, February 29, 2016. REUTERS/Kim Kyung-Hoon The Chinese
0 Comments
LONDON/FRANKFURT (Reuters) – Dialog Semiconductor said on Monday top customer Apple could build its own power-management chips into future iPhones rather than rely on the Anglo-German chipmaker, sending its shares plunging as much as 19 percent. Dialog semiconductor logo is pictured at a company building in Germering near Munich, Germany August 15, 2016. REUTERS/Michaela Rehle
0 Comments
SYDNEY (Reuters) – Australia’s competition regulator said on Monday it would investigate whether U.S. online giants Facebook and Alphabet Inc’s Google has disrupted the news media market to the detriment of publishers and consumers. FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in this photo illustration May 13, 2015. REUTERS/Dado Ruvic/Illustration/File
0 Comments
(Reuters) – Police and security agencies have so far only taken an interest in blockchain – the distributed ledger technology behind cryptocurrencies like bitcoin – for tracking criminals hiding illegal money from banks. Adrian Kemp of HoustonKemp Economists speaks to Reuters in their office in Singapore November 24, 2017. Picture taken November 24, 2017. REUTERS/Edgar
0 Comments
MUMBAI (Reuters) – Infosys, India’s No.2 IT services company, named Salil S Parekh as chief executive on Saturday, picking an outsider for the job a second time and handing him the twin challenges of reviving growth and making peace between its founders and board. FILE PHOT: The Infosys logo is seen at the SIBOS banking
0 Comments