RBC CEO pushes back on suggestion bitcoin is a fraud RBC CEO pushes back on suggestion bitcoin is a fraud: The chief executive of Canada’s biggest lender on Thursday pushed back on a suggestion by JPMorgan (JP.N) Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the […]

South Korea bans raising money through initial coin offerings South Korea bans raising money through initial coin offerings: South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. The Financial […]

Microsoft search engine Bing to focus on PC search market Microsoft search engine Bing to focus on PC search market: Microsoft Corp Chief Executive Officer Satya Nadella said on Wednesday the company’s search engine, Bing, will focus on expanding in the PC search market after losing its deal with Apple […]

Twitter suspends Russia-linked accounts Twitter suspends Russia-linked accounts but U.S. senator says response inadequate: Twitter (TWTR.N) said on Thursday it had suspended about 200 Russian-linked accounts as it probes online efforts to meddle with the 2016 U.S. election, but an influential Democratic senator slammed its steps as insufficient. Senator Mark […]

Apple sees sharp increase in U.S. national security requests Apple sees sharp increase in U.S. national security requests: Apple Inc (AAPL.O) has received more than four times as many national-security related requests from the U.S. government in the first half of this year versus a year ago, according to a […]

Backers withdraw two proposals to list U.S. bitcoin funds Backers withdraw two proposals to list U.S. bitcoin funds: An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew two proposals to list bitcoin funds. Intercontinental Exchange Inc’s (ICE.N) NYSE Arca exchange on Wednesday […]

Tesla big battery races to keep South Australia lights on Tesla big battery races to keep South Australia lights on: One year after the state of South Australia suffered a major blackout, construction has started on building the world’s biggest battery to help keep the lights on in Australia’s most […]

Britain May fires warning to Boeing over Bombardier trade dispute Britain May fires warning to Boeing over Bombardier trade dispute: Prime Minister Theresa May told U.S. planemaker Boeing (BA.N) on Thursday that its behaviour in a trade dispute with Canada’s Bombardier (BBDb.TO) was undermining its commercial relationship with Britain. May […]

Toshiba $18 billion sale of chip unit signed but discord emerges immediately Toshiba $18 billion sale of chip unit signed, but discord emerges immediately: Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, […]