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Alibaba revenue jumps 56 percent, buys stake in Ant Financial

(Reuters) – Alibaba Group Holding Ltd , China’s biggest e-commerce company, reported a 56 percent increase in third-quarter revenue, beating …read more Source: Reuters Tech News

Germany opens anti-trust probe into online advertising

FRANKFURT/BERLIN (Reuters) – Germany’s anti-trust regulator is opening an investigation into online advertising, responding to concerns expressed by advertisers and …read more Source: Reuters Tech News

Italy’s Enel: “no interest” in powering cryptocurrency miners

MILAN (Reuters) – Europe’s biggest power utility, Italy’s Enel, took a stand on Thursday against the energy-hungry industry of mining …read more Source: Reuters Tech News

Ahead of 5G rebound, Nokia royalty deals prop up results

HELSINKI (Reuters) – Telecom network gear maker Nokia posted better-than-expected quarterly profits on Thursday and forecast a recovery in profits …read more Source: Reuters Tech News

Several countries investigating Japanese virtual coin heist: cryptocurrency council member

TOKYO (Reuters) – Authorities in several countries are investigating last week’s $530 million heist involving the NEM cryptocurrency, a member …read more Source: Reuters Tech News

Nokia tops quarterly expectations, buoyed by patent payment

HELSINKI (Reuters) – Nokia posted better-than-expected quarterly profits on Thursday, boosted by a one-off patent payment from China’s Huawei, but …read more Source: Reuters Tech News

Emerging Gulf State cyber security powerhouse growing rapidly in size, revenue

ABU DHABI (Reuters) – A little-known cyber security company in the United Arab Emirates (UAE) recruiting executives who have worked …read more Source: Reuters Tech News

Nokia top quarterly expectations, buoyed by patent payment

HELSINKI (Reuters) – Nokia reported better-than-expected quarterly profits on Thursday as a one-off patent payment from China’s biggest smartphone maker …read more Source: Reuters Tech News

Insurers gingerly test bitcoin business with heist policies

NEW YORK(Reuters) – Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it …read more Source: Reuters Tech News

Google’s G Suite is no Microsoft killer, but still winning converts

SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has struggled for years to get big businesses to embrace G Suite, its …read more Source: Reuters Tech News