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U.S. blocks use of Venezuela's digital currency: White House

www.reuters.com also on Reuters

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday blocked the use of Venezuelan cryptocurrencies through an executive order prohibiting such transactions by those in the United States, the White House said in a statement.

Exclusive: 'Where can I buy?' - Google makes push to turn product searches into cash

www.reuters.com also on Reuters / Technology

NEW YORK (Reuters) - Alphabet Inc's Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, too.

Facebook under pressure as EU, U.S. urge probes of data practices

www.reuters.com also on Reuters / Technology

(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg faced calls on Monday from U.S. and European lawmakers to explain how a consultancy that worked on President Donald Trump's election campaign gained access to data on 50 million…

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Dropbox IPO oversubscribed: sources

Reuters / Technology

(Reuters) - Cloud storage company Dropbox Inc's initial public offering was oversubscribed, two people familiar with the matter said on Monday, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the…

Tech stocks wobble in U.S.; some investors worry party is ending

Reuters / Technology

SAN FRANCISCO (Reuters) - A deep sell-off across technology companies on Monday on U.S. stock markets left some investors worrying how much longer those high-flying stocks' market leadership would last.

Woman dies in Arizona after being hit by Uber self-driving SUV


TEMPE, Ariz./SAN FRANCISCO (Reuters) - A woman crossing a street was killed by an Uber self-driving sport utility vehicle in Arizona, police said on Monday, prompting the ride services company to suspend its autonomous vehicle program.

Judge weighs what evidence U.S. can use to block AT&T, Time Warner merger

Reuters / Technology

WASHINGTON (Reuters) - AT&T Inc sought to persuade a judge on Monday to throw out evidence the government seeks to use in a trial that begins this week to show that the company's $85 billion acquisition of Time Warner Inc would harm…


Google courts game developers with expanded services lineup

Reuters / Technology

SAN FRANCISCO (Reuters) - Alphabet Inc's Google on Monday unveiled new tools for game developers, days after opening Maps to create location-based online games, challenging technology rivals including Amazon.com Inc in the bid for a bigger…

Neuroprosthetic rehab allows paralysed rats to walk again


Scientists at Switzerland's EPFL are continuing their efforts to one day reverse paraplegia in humans by making rats with spinal cord injuries walk again. Scientists led by Grégoire Courtine are helping the rodents control their otherwise…


Trial kicks off in U.S. challenge to AT&T, Time Warner merger

Reuters / Technology

WASHINGTON (Reuters) - A trial that could shape the future of U.S. media ownership kicks off in Washington this week as the Department of Justice seeks to block AT&T Inc's $85 billion acquisition of Time Warner Inc.

Facebook shares slide after reports of data misuse

Reuters / Technology

Facebook shares have fallen around five per cent after media reports that a political consultancy that worked on President Trump's campaign gained inappropriate access to data on 50 million Facebook users. Sonia Legg reports


Britain's RBS planning digital-only bank: Sky News


LONDON (Reuters) - Britain's Royal Bank of Scotland is working on plans to create a standalone digital bank, Sky News reported on Monday, as small, app-only banks with low fees target traditional lenders' market share.

Republican senator joins call for Facebook CEO to testify about data use

Reuters / Politics

WASHINGTON (Reuters) - Republican Senator John Kennedy has joined his Democratic colleague Amy Klobuchar in calling on Facebook Inc Chief Executive Mark Zuckerberg to testify before Congress following reports that a political consultancy…

'Beating' human heart cells help spur drug discovery


InoCardia, a spin-off from Coventry University, is using donated human heart tissue to replicate the 'beating' action of heart muscle to aid pre-clinical testing of new drugs. Matthew Stock reports.


British prime minister very concerned by Facebook data abuse reports

Reuters / Technology

LONDON (Reuters) - Britain is very concerned by allegations that the British data firm Cambridge Analytica exploited data on millions of Facebook users without their authorisation in election campaigns, a spokesman for Prime Minister…

UK government to study cryptocurrency risks in more detail


LONDON (Reuters) - Britain's government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin, British junior finance minister John Glen said on Monday.

Global regulators to work on test bed for fintechs


LONDON (Reuters) - Regulators from across the world start work this week on a blueprint for a global "sandbox" or testing bed for new financial technology applications, Britain's Financial Conduct Authority said on Monday.


France to get tougher on social media hate speech: PM


PARIS (Reuters) - France will toughen rules on hate speech to ensure social media giants do more to remove racist and anti-Semitic content from internet, Prime Minister Edouard Philippe said on Monday.

SoftBank could relist British chip designer ARM: FT

Reuters / Technology

(Reuters) - SoftBank Group Corp could relist ARM Holdings, the British chip designer it bought two years ago, according to a senior executive at the Japanese conglomerate, the Financial Times reported on Monday.


More shoppers want customer service from gadgets over humans: study

Reuters / Technology

(Reuters) - Most buyers prefer to be left alone as they shop in store for items like apparel and prefer to use in-store technology for customer service over personalized attention from store employees, according to a new study.

RPT-Amazon tracks repeat shoppers for line-free Seattle store - and there are many

Reuters / Technology

LAS VEGAS (Reuters) - Amazon.com Inc is tracking how regularly customers shop at its store without checkout lines in Seattle - and so far, the verdict is they keep coming back.


EU lawmakers to investigate alleged misuse of Facebook users' data

Reuters / Technology

BRUSSELS (Reuters) - EU lawmakers will investigate whether the data of more than 50 million Facebook users has been misused, the head of European Parliament said on Monday.

Shanghai stock exchange OKs Didi Chuxing's $1.6 billion shelf offering


(Reuters) - The Shanghai Stock Exchange has approved a 10 billion yuan ($1.58 billion) shelf offering by Chinese ride-hailing firm Didi Chuxing, the company said on Monday.

Online furniture retailer Home24 trims losses as it eyes listing​


BERLIN (Reuters) - German online retailer Home24, which aims to challenge IKEA's dominance of the European furniture market, accelerated sales and trimmed losses in the fourth quarter after sources said it is considering a stock market…

Alibaba doubles Lazada investment to $4 billion in aggressive Southeast Asian expansion

Reuters / Technology

BEIJING/SINGAPORE (Reuters) - Alibaba Group Holding Ltd said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon…


China's ride-hailing app Didi to battle Uber in Mexico

Reuters / Technology

Didi, China's leading ride hailing app is taking on Uber in Mexico, sources tell Reuters. This is round two of the battle between the ride hailing apps. Didi won round one in China.

Apple developing own screens using next-generation MicroLED tech: Bloomberg

Reuters / Technology

(Reuters) - Apple Inc is developing its own MicroLED device displays and has made small numbers of the screens for testing, Bloomberg reported, in a move that could hurt Asian display suppliers to the U.S. tech giant over the long-term.


Uber, Ola drivers strike in India for higher pay

Reuters / Technology

MUMBAI (Reuters) - Drivers for app-based cab aggregators Uber and Ola started an indefinite strike across India on Monday, demanding extra pay as a surge in the number of cabs on the two platforms, coupled with cutbacks in incentive…


UPDATE 3-Apple is developing own MicroLED screens - Bloomberg

Reuters / Technology

(Reuters) - Apple Inc is developing its own MicroLED device displays and has made small numbers of the screens for testing, Bloomberg reported on Sunday.


Alibaba to invest additional $2 bln in Lazada, replaces CEO

Reuters / Technology

BEIJING (Reuters) - Alibaba Group Holding Ltd said it will invest an additional $2 billion in Southeast Asian e-commerce firm Lazada Group as part of the Chinese firm's push into new markets.

Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO

Reuters / UK

(Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc, has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.


Apple is designing and testing screens: Bloomberg

Reuters / Technology

(Reuters) - Apple Inc is designing and producing its own device displays for the first time and has made a small numbers of the screens for testing, Bloomberg reported on Sunday.


Facebook reviewing whether misused data still in hands of political consultant


WASHINGTON (Reuters) - Facebook said on Sunday it was conducting a "comprehensive internal and external review" to determine if the personal data of 50 million users that was reported to be misused by a political consultant still existed.