Apple plans steps to prevent future App Store attacks
BEIJING/BOSTON (Reuters) – Apple Inc’s chief marketing executive Phil Schiller said on Tuesday that the company plans steps to prevent further attacks on its App Store.
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Microsoft begins worldwide release of Office 2016
(Reuters) – Microsoft Corp said it began the worldwide roll-out of Office 2016, the latest addition to its cloud-based subscription service Office 365, on Tuesday. Microsoft said Office 2016 brings new versions of desktop apps for Windows including Word, PowerPoint, Excel, Outlook and Access and allows people to collaborate and work together. “These latest innovations take another big step forward in transforming Office from a familiar set of individual productivity
Starbucks expands sales-boosting Mobile Order & Pay across U.S.
By Lisa Baertlein LOS ANGELES (Reuters) – Starbucks Corp on Tuesday said its sales-boosting Mobile Order & Pay service is now available in all of its nearly 7,500 U.S. company-operated shops, a nationwide roll-out completed about three months ahead of schedule. Mobile Order & Pay is a feature on the Starbucks app, which the company says has 16 million active users on Apple and Android devices in the United States.
China's Xiaomi announces telecom carrier service, new flagship handset
Xiaomi Inc, China’s leading smartphone maker, announced on Tuesday two prepaid wireless plans to mark its debut as a mobile virtual network operator (MVNO) competing against China’s national carriers. MVNOs, which purchase network capacity from large carriers and resell mobile plans under their own branding, have failed to gain traction in China, where three state-owned giants dominate the telecoms industry.
NY regulator issues first license for bitcoin company
By Karen Freifeld NEW YORK (Reuters) – New York state’s financial services regulator has granted a “BitLicense,” its first, to a virtual currency, the agency announced on Tuesday. The license went to Circle Internet Financial, a Boston-based bitcoin startup, the New York Department of Financial Services said. The “BitLicense” is based on the first set of guidelines created by a state specifically for companies that operate in virtual currencies such
Nasdaq briefly negative for 2015; materials lag
U.S. stocks traded sharply lower, pressured by continued anxiety over slowing global growth following the Fed’s decision to keep rates unchanged.
VW boss: 'Endlessly sorry' for emissions scandal
Volkswagen’s CEO says he’s “endlessly sorry” for the company’s diesel emissions scandal and is pledging a fast and thorough investigation. Martin Winterkorn said in a video message Tuesday: “We …
U.S., Cuba to hold talks on airline service Sept 28-29 -US official
NEW YORK/WASHINGTON, Sept 22 (Reuters) – The United States and Cuba plan to hold talks in Havana next week on normalizing airline service, a U.S. official said on Tuesday, a step that could benefit U.S. carriers if the island becomes open to American tourism. The talks will take place Sept. 28-29, the official said, as Washington and Havana inch toward normal relations after more than half a century of hostility
Moynihan remains BofA chairman after vote, fends off critics
Brian Moynihan will keep his dual role as Bank of America Corp.’s chairman and chief executive officer after shareholders voted to ratify governance changes made last year. The Charlotte, North Carolina-based lender had called the special meeting after angering some investors by undoing a 2009 shareholder-backed bylaw requiring an independent chairman. Moynihan, nearing his sixth year leading Bank of America, survived a campaign by pension funds and proxy advisers seeking
Coca-Cola: We spent $118.6M on health efforts in 5 years
Coca-Cola disclosed Tuesday that it spent $118.6 million on health research and partnerships in the U.S. over the past five years, including funding for a group that was criticized for downplaying the …