Technology

Instagram testing standalone Direct messaging app

(Reuters) – Facebook Inc’s Instagram said on Thursday it was testing a standalone messaging app called Direct, making it the company’s third chat tool alongside its hugely popular WhatsApp and Messenger. The Instagram application is seen on a phone screen August 3, 2017. REUTERS/Thomas White The move is similar to …

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Uber's license suspended in British city of Sheffield

LONDON (Reuters) – Uber’s license to operate in the northern English city of Sheffield was suspended last Friday after it failed to respond to requests about the management of its taxi app, the local authority said. A photo illustration shows the Uber app on a mobile telephone, as it is …

Technology

Silicon Valley meets 'Flash Boys' on new corporate listings program

NEW YORK (Reuters) – A new would-be stock exchange based in Silicon Valley is teaming up with IEX Group, the newest U.S. stock exchange and focus of author Michael Lewis’s book, “Flash Boys: A Wall Street Revolt,” on a corporate listings program, the company said on Thursday. The Long Term …

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Key to Pandora's turnaround: a better advertising platform

(Reuters) – Kevin Kleinman, a trader at Watchhimtrade.com, listens to music on Pandora every morning as he executes trades worth millions of dollars. But he will not bet a dime on the music streaming company. A person holds a smart phone with the Pandora app showing in New York U.S., …

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Orange's boss Richard promises investors more of the same

PARIS/LONDON (Reuters) – Orange’s boss Stephane Richard told investors on Thursday he will stick with plans to invest heavily in upgrading networks rather than content as he bids for a third term to lead France’s biggest telecoms operator. Orange CEO Stephane Richard in Paris, France December 2, 2017. REUTERS/Benoit Tessier …

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DanTDM named richest YouTuber of 2017 after making £12.3m

DanTDM has been named the highest-earning YouTuber of 2017 – making £12.3m this year, according to Forbes magazine. The 26-year-old, from Aldershot, started off making videos of himself playing Minecraft and Pokemon. He’s got more than 16 million subscribers and has had more than 10 billion views of all his …

Technology

Apple suppliers gain after Broadcom hint on iPhone

(Reuters) – Shares in Skyworks Solutions Inc (SWKS.O), Cirrus Logic Inc (CRUS.O), and Qorvo Inc traded higher on Thursday after fellow Apple supplier Broadcom Ltd (AVGO.O) hinted the late launch of iPhone X would help revenue rise. Apple iPhone X samples are displayed during a product launch event in Cupertino, …

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BlackBerry, Qualcomm expand partnership to connected automotive

(Reuters) – BlackBerry Ltd (BB.TO) said on Thursday it would partner with Qualcomm Inc (QCOM.O) to use the chipmaker’s hardware platform to expand in the fast-growing connected automotive industry. A banner for BlackBerry Ltd hangs to celebrate the company’s transfer trading to the New York Stock Exchange (NYSE) in New …

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Steam stops accepting payments in bitcoins

Online game service Steam has stopped accepting payments made with the Bitcoin virtual currency. In a statement, development studio Valve, which runs Steam, said “high fees and volatility” had driven it to stop accepting them. It said that fees to process Bitcoin payments had “skyrocketed” in 2017, making the virtual …

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Russia calls on OSCE states to ramp up cyber security efforts

VIENNA (Reuters) – Russia’s foreign minister called on Organization for Security and Cooperation in Europe (OSCE) countries to strengthen efforts to ensure the safety of the internet on Thursday. Moscow faces widespread allegations that it interfered in the U.S. presidential election and was behind a wave of destructive global hacking …