Jailed Samsung chief can get plenty of visitors, may still play a corporate role The head of South Korea's Samsung Group [SAGR.UL], Jay Y. Lee, may be languishing in a jail cell but he is allowed plenty of visitors, which may allow him to play a key role in corporate […]
Technology
Technology
Charles Schwab launches hybrid human-robo financial advice Charles Schwab launches hybrid human-robo financial advice:- Brokerage Charles Schwab Corp (SCHW.N) on Tuesday launched a service that combines its automated investment management technology with human advisors, as financial institutions race to offer digital financial advice. The service, called Schwab Intelligent Advisory, provides […]
Alphabet adds patent claim to Uber intellectual property theft lawsuit Alphabet adds patent claim to Uber intellectual property theft lawsuit- Alphabet Inc's (GOOGL.O) self-driving car unit Waymo on Friday added a new patent claim to its intellectual property lawsuit against Uber Technologies Inc and requested a preliminary injunction to stop […]
U.S. regulators reject Bitcoin ETF, digital currency plunges U.S. regulators reject Bitcoin ETF, digital currency plunges:- The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency. Investors Cameron and Tyler Winklevoss […]
FCC probes why AT&T customers could not call 911 FCC probes why AT&T customers could not call 911:- The U.S. Federal Communications Commission said on Thursday it will investigate why AT&T wireless subscribers in several states could not make emergency 911 calls late Wednesday. The FCC has previously fined carriers […]
Alibaba seeks $5 billion loan amid tech financing rush Alibaba seeks $5 billion loan amid tech financing rush:- Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with banks to raise $5 billion in new funding, sources told Thomson Reuters' Basis Point, amid a flurry of fund-raising by China's […]
Technology is now at root of almost all serious crime Technology is now at root of almost all serious crime:- High-tech crimes, such as document fraud, money laundering and online trading in illegal goods, are at the root of almost all serious criminality, Europe's police agency said on Thursday. "These […]
China expresses concern at revelations in Wikileaks dump of hacked CIA data China expresses concern at revelations in Wikileaks dump of hacked CIA data:- China expressed concern on Thursday over revelations in a trove of data released by Wikileaks purporting to show that the CIA can hack all manner of […]
Airbnb raises $1 billion in latest round of funding Airbnb raises $1 billion in latest round of funding:- Online room renting service Airbnb Inc said on Thursday it had raised $1 billion in its latest round of funding, valuing the company at $31 billion. Airbnb raised $447.85 million as part […]
Hong Kong Uber drivers found guilty of unlawful commercial car hire :Hong Kong Uber drivers found guilty of unlawful commercial car hire- Five Hong Kong Uber drivers were found guilty of illegally using their vehicles for commercial purposes by a local court on Friday, dealing a potential blow to Uber […]