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Reuters


US agency to hand over Internet supervision to FTC

12 Dec 2017The FTC will investigate if Internet providers fail to make accurate disclosures.

The US Federal Communications Commission plans to turn over the supervision of ISPs to another federal agency.

Bitcoin's blistering price gains expected to slow

12 Dec 2017Bitcoin recently hit a record high of $17 270.

The cryptocurrency's steep gains and rapid rise have attracted investors around the world, as well as intense scrutiny from government regulators.

Apple confirms Shazam deal

12 Dec 2017Apple has confirmed an acquisition deal has been reached with music discovery app Shazam.

The tech company says Shazam would be a "natural fit" with its Apple Music streaming service.

Atos makes EUR4.3bn offer for Gemalto

12 Dec 2017Atos chairman and CEO Thierry Breton.

The bid comes as Gemalto is under pressure after posting four profit warnings in a year.

Hackers hit US, Russian banks

12 Dec 2017Group-IB has dubbed the hacker group \

The unidentified hackers used a mix of constantly changing tools and tactics to bypass anti-virus and other traditional security software.

France to allow blockchain for trading unlisted securities

11 Dec 2017The French government has allowed trading unlisted securities using a blockchain digital ledger.

Securities listed on financial exchanges will still be required to pass through custodians and clearing houses, says the French government.

Uber in fight for London survival

11 Dec 2017Uber's 40 000 drivers in Britain will continue to take passengers until the appeals process is exhausted.

Uber will defend its right to operate in London in a court hearing today, after the app was deemed unfit to run a taxi service and stripped of its licence in the city.

Apple in talks to acquire Shazam

11 Dec 2017TechCrunch reports on rumours of a possible acquisition of Shazam by Apple.

The company could pay about $400 million for Shazam as soon as next week.

Spotify, Tencent Music buy stake in each other

11 Dec 2017Tencent Music and Spotify will buy shares representing minority equity stakes in each other for cash.

The deal will help the two companies increase exposure to each other's core markets.

Uber licence suspended in Sheffield, UK

8 Dec 2017Uber has had its licence suspended in Sheffield after it failed to respond to official requests about its management.

The company will be allowed to continue operating until 18 December, or until any appeal it makes is heard.


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