| Rocket Internet CEO says ready to pounce with cash pile | | | BERLIN (Reuters) - Germany's Rocket Internet needs to hold on to its mountain of cash so it can compete with rivals from the United States and China and pounce when investment opportunities arise, the chief executive said in an interview. |
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| South Korea plans to ban cryptocurrency trading, rattles market | | | SEOUL (Reuters) - South Korea's government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion. |
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| Senate panel to discuss bitcoin with markets regulators: source | | | WASHINGTON (Reuters) - The U.S. Senate's financial services panel will hold a hearing next month with the country's top markets regulators to discuss bitcoin amid rising concerns over the risks cryptocurrencies pose to the financial system, a person with direct knowledge of the matter told Reuters. |
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| Senator wants Apple to answer questions on slowing iPhones | | | WASHINGTON (Reuters) - The chairman of a U.S. Senate committee overseeing business issues asked Apple Inc to answer questions about its disclosure that it slowed older iPhones with flagging batteries, according to a letter seen by Reuters on Wednesday. |
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| Uber rival Taxify expands into Lisbon while eyeing fresh funding | | | FRANKFURT (Reuters) - Taxify, Uber's upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where it now operates into secondary markets, Chief Executive Markus Villig said on Thursday. |
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| Nvidia updates software, says graphic chips not hit by flaws | | | (Reuters) - Nvidia Corp is updating the software for its graphics processors in response to the Spectre security threat, but its chief executive said on Wednesday its chips were not subject to the same risks as those from Intel and other companies. |
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