Technology News

EU countries agree on copyright reforms, deal in sight next week

BRUSSELS (Reuters) - The European Union’s effort to rewrite two-decade old copyright rules to take into account online platforms such as Alphabet Inc’s Google moved a step forward on Friday when a majority of member countries agreed on a common position for talks with lawmakers next week. Negotiations stalled last month after EU countries failed to bridge their differences, among them whether small companies shou...

09 Feb 12:16 AM 0 Read More...

Ontario securities regulator looking into digital platform Quadriga

TORONTO (Reuters) - Canada’s biggest securities regulator said on Friday that it was looking into Quadriga CX, the digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts. “Given the potential harm to Ontario investors, we are looking into this matter and have already been in contact with the monitor,” the Ontario Securities Commission said in a statemen...

08 Feb 8:29 PM 0 Read More...

Pompeo visit to focus on U.S. concerns over Huawei in central Europe

WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo will voice concerns about the growing presence of China’s Huawei Technologies in central Europe when he visits Hungary, Slovakia and Poland next week, a senior U.S. official said on Friday as Washington tries to bolster ties with a region it acknowledges it has neglected. Pompeo’s visit will be the first by a U.S. secretary of State to Slovakia in two dec...

08 Feb 8:21 PM 0 Read More...

National Enquirer owner defends reporting on Amazon's Bezos

WASHINGTON (Reuters) - American Media Inc, the owner of the National Enquirer tabloid newspaper, said on Friday it acted lawfully in its reporting on Jeff Bezos, chief executive of Amazon.com Inc, and that it would thoroughly investigate his claims of blackmail and take whatever action was necessary. Bezos on Thursday accused AMI of trying to blackmail him with the threat of publishing “intimate photos” he allege...

08 Feb 4:42 PM 0 Read More...

American Media says it acted lawfully in reporting on Amazon's Bezos

WASHINGTON (Reuters) - American Media Inc, the owner of the National Enquirer, said on Friday it acted lawfully in its reporting on Jeff Bezos, chief executive of Amazon.com Inc, and that it would thoroughly investigate his claims of blackmail and take whatever action was necessary. Bezos on Thursday accused AMI of trying to blackmail him with the threat of publishing “intimate photos” he allegedly sent to his gi...

08 Feb 2:32 PM 0 Read More...

Sprint sues AT&T over 5G branding

(Reuters) - Sprint Corp sued AT&T Inc late on Thursday, saying it is misleading consumers into believing that they are using fifth generation wireless network, known as 5G, a technology that has not yet been widely deployed. AT&T customers are seeing “5G E” logo on their mobile devices in over 400 markets. Although users are still using 4G network, AT&T is calling it 5G Evolution, a faster version of ...

08 Feb 2:17 PM 0 Read More...

Lithuania sees flood of fintech firms apply for licenses ahead of Brexit

VILNIUS (Reuters) - About 100 financial companies and start-ups from Britain and elsewhere are applying for a licence in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country’s central bank told Reuters. Britain is due to leave the European Union on March 29, but has not yet reached a deal on a post-Brexit relationship, meaning companies with UK-issued licences ...

08 Feb 2:11 PM 0 Read More...

Crypto bear market threatens to last as potential token supply weighs

NEW YORK (Reuters) - Cryptocurrencies may be facing a prolonged bear market. Companies that issued tokens, or digital currencies, over the last two years through initial coin offerings (ICOs) may have to sell more of these assets to finance their operations. There’s just one problem: There are very few takers. After the blockbuster success of ICOs in 2017, with funds raised at more than $6 billion, cryptocurrencie...

08 Feb 12:18 PM 0 Read More...

German authorities probe potential Huawei security risks: Funke

BERLIN (Reuters) - Germany’s federal cybersecurity agency is investigating whether China’s Huawei Technologies could be a security threat after warnings from other countries, the Funke group of newspapers reported on Friday, citing Economy Minister Peter Altmaier. The government currently has no own information on whether the Chinese company could be a security threat, Altmaier was quoted as saying, adding that t...

08 Feb 12:10 PM 0 Read More...

Lithuania sees flood of UK fintech firms apply for license ahead of Brexit

VILNIUS (Reuters) - About 100 British financial companies and start-ups are applying for a licence in burgeoning fintech hub Lithuania to ensure they have access to the European Union after Brexit, the country’s central bank told Reuters. Britain is due to leave the European Union on March 29, but has not yet reached a deal on a post-Brexit relationship, meaning companies with UK-issued licences may no longer have ...

08 Feb 12:09 PM 0 Read More...