Technology

'More to come' after bitcoin futures launch: Cboe CEO

NEW YORK (Reuters) – The generally smooth launch of bitcoin futures on Cboe Global Markets (CBOE.O) could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday. FILE PHOTO – Edward Tilly, CBOE’s CEO, speaks at the …

Technology

Apple removes app after MyEtherWallet complaint

(Reuters) – IPhone maker Apple Inc said on Monday it had removed a paid iOS application from its App Store after MyEtherWallet, a free service for storing digital currencies, complained that the program was improperly using its name. “This is NOT US,” MyEtherWallet said on Sunday from its official Twitter …

Technology

SEC halts initial coin offering from restaurant review app

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission has stepped in to stop an “initial coin offering” (ICO) from a restaurant review app, after the company failed to register it as a security. FILE PHOTO – The U.S. Securities and Exchange Commission logo adorns an office door at the …

Technology

Canada's privacy watchdog launches probe into Uber hack

TORONTO (Reuters) – The office of Canada’s privacy commissioner said on Monday that it has opened a formal investigation into the 2016 breach of customer and driver data at Uber Technologies Inc, which the ride-hailing company disclosed last month. Uber’s logo is pictured at its office in Tokyo, Japan, November …

Technology

U.S. tech firm settles probe of Russian work on defense project

WASHINGTON (Reuters) – Netcracker Technology Corp will not face criminal charges for allowing Russian nationals without security clearance to work on a U.S. defense project after it agreed to adopt enhanced cyber security measures, authorities said on Monday. As part of a deal, the Massachusetts-based telecommunications firm voluntarily agreed to …

Technology

Hackers hit U.S., Russian banks in ATM robbery scam: report

FRANKFURT (Reuters) – A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday. FILE PHOTO: A magnifying glass is held in front of a …

Technology

Apple confirms deal to buy music discovery app Shazam

SAN FRANSICO (Reuters) – Apple Inc (AAPL.O) on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source. FILE PHOTO: The Apple Inc. store is seen in Los Angeles, California, U.S., …

Technology

UBS leads blockchain data reporting pilot ahead of new EU rules

ZURICH/NEW YORK (Reuters) – Financial companies led by Swiss bank UBS are testing a blockchain platform to help them comply with new European Union trade data standards due to come into force next year. FILE PHOTO: Christmas decorations are seen at the building of Swiss bank UBS at the Paradeplatz …

Technology

Elliott says chipmaker NXP worth 23 percent more than Qualcomm's offer

(Reuters) – Activist investor Elliott Management Corp said on Monday NXP Semiconductors NV (NXPI.O) is worth about 23 percent more than Qualcomm Inc’s (QCOM.O) $38-billion offer to buy the chipmaker. A man works on a tent for NXP Semiconductors in preparation for the 2015 International Consumer Electronics Show (CES) at …

Technology

Newly minted bitcoin futures indicate more modest growth ahead

NEW YORK/SYDNEY/LONDON (Reuters) – Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate than in recent weeks as warnings of a bubble grew. Chicago-based derivatives exchange Cboe Global Markets launched its eagerly anticipated bitcoin futures late on …