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Apple targeted in US$50mil ransomware hack of supplier Quanta
As Apple Inc was revealing its newest line of iPads and flashy new iMacs on April 20, one of its primary suppliers was enduring a ransomware attack from a Russian operator claiming to have stolen blueprints of the US company’s latest products.
Daily Mail owner sues Google for monopoly over ad business
WASHINGTON (Reuters) - The Daily Mail, owner of the MailOnline newspaper, sued Google on Tuesday, alleging that the search and advertising giant's power over selling online ad space means newspapers see little of the revenue their content produces.
Options on Coinbase Global start trading in robust volume
NEW YORK (Reuters) - Options on Coinbase Global Inc started trading in healthy volume Tuesday, less than a week after the U.S. cryptocurrency exchange's closely watched market debut on Nasdaq.
Dogecoin cryptocurrency slumps after hashtag-fueled surge to record high
LONDON/NEW YORK (Reuters) - Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam.
SoftBank-backed WeWork to begin accepting payments in cryptocurrencies
(Reuters) - SoftBank-backed office-sharing startup WeWork said on Tuesday it would begin accepting payments in select cryptocurrencies and partner with Coinbase Global Inc and payment app Bitpay to facilitate transactions.
Semiconductor equipment maker ASML to report first-quarter earnings amid chip shortage
AMSTERDAM (Reuters) - ASML Holding NV, one of the biggest suppliers to semiconductor companies, is likely to show its order books are full to bursting because of a global chip shortage when it reports first quarter earnings on Wednesday.
PayPal's Venmo launches crypto buying and selling
LONDON (Reuters) - Venmo, the peer-to-peer payment service owned by PayPal Holdings Inc, said on Tuesday it has started allowing users to buy, hold and sell cryptocurrencies on its app, a step that could inspire more mainstream adoption of the asset class.
With flagship electric car, Mercedes takes fight to Tesla
LONDON (Reuters) - Daimler AG on Thursday unveiled the electric "sibling" of its flagship Mercedes-Benz S-Class luxury sedan, taking the fight to market-leader Tesla Inc in the battle for market share as electric car sales take off.
Canal+ Polska revives Warsaw listing ambitions amid IPO boom
LONDON (Reuters) - Polish pay-TV platform Canal+ Polska has revived plans for an initial public offering (IPO) in Warsaw, seeking to take advantage of a surge in European listings so far this year, a bookrunner on the deal said on Thursday.
JD.com, Meituan and ByteDance among the first to pledge antitrust compliance after being told by Beijing to learn a lesson from Alibaba
The statements strictly toed the line from Tuesday’s meeting co-hosted by the antitrust watchdog, cyberspace administration, and taxation authority. ByteDance, the owner of short video app TikTok and Douyin, made 13 promises in its public statement.