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Bitcoin hits new record high as warnings grow louder

Fri, 15 Dec 2017 11:51:24 -0500

LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.(image)

EU court rejects U.S. intervention in Apple's Irish $15 billion tax case

Fri, 15 Dec 2017 11:32:22 -0500

BRUSSELS (Reuters) - Europe's second-highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case.(image)

U.S. internet rule change leaves major streaming companies unscathed for now

Fri, 15 Dec 2017 11:35:46 -0500

SAN FRANCISCO (Reuters) - Behind your video stream of a hit like "Stranger Things" is a complicated array of technology and business relationships that will not change very much, at least in the short term, as a result of this week's repeal of U.S. regulations on internet traffic, industry insiders say.(image)

Suspected North Korean cyber group seeks to woo bitcoin job seekers

Fri, 15 Dec 2017 10:41:51 -0500

FRANKFURT (Reuters) - The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group's activities.(image)

After U.S. decision, France says will continue to defend net neutrality

Fri, 15 Dec 2017 11:45:32 -0500

PARIS (Reuters) - France will continue to defend "net neutrality" irrespective of what other countries may do, Foreign Minister Jean-Yves Le Drian said on Friday, after a United States commission voted to ditch rules on the issue.(image)

Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials

Fri, 15 Dec 2017 12:39:46 -0500

WASHINGTON (Reuters) - The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the matter told Reuters.(image)

EU agrees stricter bitcoin rules against money laundering, terrorist financing

Fri, 15 Dec 2017 11:47:49 -0500

BRUSSELS (Reuters) - The European Union agreed stricter rules to prevent money laundering and terrorist financing on bitcoin platforms on Friday.(image)

Brazil's Embraer eyes 2024 commercial launch for Uber partnership: CEO

Fri, 15 Dec 2017 12:24:37 -0500

SAO PAULO (Reuters) - A partnership that Brazilian planemaker Embraer SA has struck with U.S. ride-hailing application Uber Technologies Inc will launch its first test flight in 2020, and aims to start commercial service in 2024, an executive said on Friday.(image)

Transneft says its computers were used for mining cryptocurrency

Fri, 15 Dec 2017 09:08:05 -0500

MOSCOW (Reuters) - Transneft said on Friday its computers had been used for the unauthorized manufacture, or "mining", of the cryptocurrency Monero but said the firm now had systems to prevent this happening again.(image)

Amazon to pay 100 million euros to settle Italy tax dispute

Fri, 15 Dec 2017 11:10:42 -0500

MILAN (Reuters) - Italy's tax authority said on Friday it had reached an agreement with e-commerce giant Amazon to settle outstanding tax claims covering the period 2011-2015.(image)