Technology

NEW YORK (Reuters) – U.S. investors including Digital Currency Group have taken part in a pre-sale of basecoin, a crypto-currency to be created by three Princeton University computer science graduates, Intangible Labs CEO and co-founder Nader Al-Naji said. The other investors in Intangible Labs’ basecoin include Bain Capital Ventures, Andreessen Horowitz, and AngelList CEO Naval
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(Reuters) – Qualcomm Inc (QCOM.O) confirmed an earlier report that the chipmaker had filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s (AAPL.O) iPhones in the country. Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, a company spokeswoman confirmed on
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ROME (Reuters) – Italy’s Cabinet is likely to discuss on Monday the use of its so-called “golden power” that allows it to intervene to protect strategic companies, a government source said on Friday, amid concern over ownership of Telecom Italia. The discussion is likely to center on Telecom’s Sparkle unit that controls its submarine cable
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(Reuters) – Hyatt Hotels Corp (H.N) said on Thursday it had discovered unauthorized access to payment card information at certain Hyatt-managed locations worldwide between March 18, 2017 and July 2, 2017. Hyatt said the incident affected payment card information, such as, cardholder name, card number, expiration date and internal verification code, from cards manually entered
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WASHINGTON (Reuters) – Alphabet Inc’s Google (GOOGL.O) unit will co-host an event with conservative media firm Newsmax on Thursday with U.S. Commerce Secretary Wilbur Ross. Newsmax Media’s chief executive officer, Christopher Ruddy, said in an email invitation reviewed by Reuters that Larry Kudlow will interview Ross and discuss “the positive impact President Trump’s policies are having
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MOSCOW (Reuters) – Russian authorities have agreed to regulate the crypto-currency market, Finance Minister Anton Siluanov said on Wednesday, cited by TASS news agency. The minister’s comment comes the day after President Vladimir Putin discussed the issue with Siluanov, Central Bank Governor Elvira Nabiullina, presidential economic aide Andrey Belousov, and Sergei Solonin, the head of
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