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Reuters

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TransferWise launches money transfer service via Facebook chat

TransferWise launches money transfer service via Facebook chat

Written by on February 21, 2017 in News with 0 Comments

NEW YORK (Reuters) – Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc’s chat application, as competition in the digital payments landscape intensifies. The London-based startup said on Tuesday that it had developed a Facebook Messenger “chatbot”, or an automated program that can help users […]

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Will Jio top 100 million customers?

Will Jio top 100 million customers?

Written by on February 21, 2017 in News with 0 Comments

MUMBAI (Reuters) – India’s richest man Mukesh Ambani is likely to announce on Tuesday that Reliance Industries’ has reached its targeted 100 million subscribers on its Jio telecom unit, a source familiar with the matter said. Ambani could also make additional announcements, the source added without giving details, when he starts speaking at 1330 India […]

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FBI pursuing three separate probes in election hacking scandal

FBI pursuing three separate probes in election hacking scandal

Written by on February 20, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – The U.S. Federal Bureau of Investigation is pursuing at least three separate probes relating to alleged Russian hacking of the U.S. presidential elections, according to five current and former government officials with direct knowledge of the situation. While the fact that the FBI is investigating had been reported previously by the […]

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Softbank might give up control of Sprint to allow US wireless merger

Softbank might give up control of Sprint to allow US wireless merger

Written by on February 20, 2017 in News with 0 Comments

NEW YORK (Reuters) – Japan’s SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG’s T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter. SoftBank has not yet approached Deutsche Telekom to discuss any deal because the U.S. […]

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Europe’s data privacy watchdogs seek assurances from US

Europe’s data privacy watchdogs seek assurances from US

Written by on February 17, 2017 in News with 0 Comments

BRUSSELS (Reuters) – European Union data privacy watchdogs will seek assurances from U.S. authorities that a move by U.S. President Donald Trump to crack down on illegal immigration will not undermine a transatlantic pact protecting the privacy of Europeans’ data. European concerns have been raised by an executive order signed by Trump on Jan. 25 […]

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Zuckerberg wants Facebook to be global social infrastructure

Zuckerberg wants Facebook to be global social infrastructure

Written by on February 17, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg laid out a vision on Thursday of his company serving as a bulwark against rising isolationism, writing in a letter to users that the company’s platform could be the “social infrastructure” for the globe. In a 5,700-word manifesto, Zuckerberg, founder of the world’s largest social […]

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Samsung chief Lee is finally arrested in graft scandal

Samsung chief Lee is finally arrested in graft scandal

Written by on February 17, 2017 in News with 0 Comments

SEOUL (Reuters) – Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the technology giant and standard-bearer for Asia’s fourth-largest economy. The special prosecutor’s office accuses Lee of bribing a close friend […]

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Obama Justice official warns Europe on Russia, others, meddling in elections

Obama Justice official warns Europe on Russia, others, meddling in elections

Written by on February 16, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – A former Justice Department official who served in the Obama administration said European countries must be willing to respond forcefully to efforts by Russia or others to use cyber attacks to meddle in their elections, saying the U.S. response fell short. Former Assistant Attorney General John Carlin, who ran the national […]

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Verizon close to new deal with Yahoo, $250-$350 million less than before

Verizon close to new deal with Yahoo, $250-$350 million less than before

Written by on February 16, 2017 in News with 0 Comments

(Reuters) – Verizon Communications Inc is close to a revised deal to buy Yahoo Inc’s core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter. Since last year, Verizon had been trying to persuade Yahoo to amend the terms […]

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New digital pump-and-dump schemes targeting brokerages

New digital pump-and-dump schemes targeting brokerages

Written by on February 15, 2017 in News with 0 Comments

HONG KONG (Reuters) – Hong Kong police are struggling to deal with digital pump-and-dump schemes targeting brokerages – a little-known type of computer-generated fraud that surged in the Chinese territory last year. Although the money involved was small – only about $20 million worth of shares – there were 81 such incidents reported in 2016, […]

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