Twitter Inc named Jack Dorsey as its permanent chief executive on Monday, potentially creating a conflict of interests for its co-founder as he juggles the role with running fast-growing mobile payments company Square. Dorsey’s appointment ends months of speculation about who will take the reins at Twitter. Twitter will recruit its next chairman from outside the company.
(Reuters) – Shares of Alphabet Inc, the new umbrella company for Google Inc, rose slightly in their first few minutes of trading on Monday. Alphabet’s Class A shares were up 0.1 percent at $657.74, while the Class C shares were up 0.27 percent at $628.79 after about five minutes of trading. Alphabet is identical to Google from a stock market perspective.
By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday rejected an appeal by Vringo Inc subsidiary I/P Engine, which was seeking to restore a $30 million patent infringement verdict it won against several companies including Google Inc. The high court rejected I/P Engine’s appeal, meaning a August 2014 ruling against the company by the U.S. Court of Appeals for the Federal Circuit was left intact. A jury in
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Department of Financial Services, the state regulator announced on Monday. Under the charter, Gemini will operate a bitcoin exchange and will officially open for trading on Thursday at 9:30 a.m. (1330 GMT)) serving both
European banks and insurers could face new rules to control their use of “big data” to target customers with products after EU watchdogs said they would investigate the area. The global financial services industry is expected to spend billions of dollars in coming years to improve their analysis capabilities. The three EU financial regulators – the European Banking Authority, European Securities and Markets Authority, and European Insurance and Occupational Pensions
By Byron Kaye and Swati Pandey SYDNEY (Reuters) – Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency’s mainstream appeal is fading. Concerns about bitcoin’s potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks’ move last month to close the accounts of 13 of the country’s 17 bitcoin exchanges. The development is a blow to hopes of bitcoin
If you’re searching for diverting entertainment this weekend then the Facebook team in Tel Aviv has you covered. The developers managed to get Doom running on an Apple Watch and an Apple TV as part of a 10-hour hackathon event. YouTube : https://www.youtube.com/watch?v=KXhf_SpO6wA Part of this is thanks to the improved capabilities of watchOS 2: apps can now run natively on the watch rather than offloading the processing duties to
Now that Apple and Google have had their fun with their 2015 flagship smartphone launches, it’s Microsoft’s turn: the company has a special media event scheduled for Tuesday when we’re expecting to see some new kit. The event is likely to focus on the Surface Pro 4, but there’s a chance we’ll finally see some brand new Windows 10 Mobile phones as well – and a fresh batch of prototype
So. Edge has just published its Top 100 Games Of All Time list. (SIT BACK DOWN, child. You will not be finding any rank-related bitching here. This is a place of calm. Shoo.) Unsurprisingly, said list has caused a bit of a ruckus on the fragile planet that is The Internet, where the atmosphere is 97% vitriol and all the extinct species died of having wrong opinions. Top 100 lists
(Reuters) – Google Inc has morphed into Alphabet Inc. After U.S. markets closed on Friday, Alphabet replaced Google as the publicly traded company that will house Google’s search and Web advertising businesses, maps, YouTube and its “moonshot” ventures such as driverless cars. Google’s class A shares and class C shares will automatically convert into the same number of Alphabet class A shares and class C shares and start trading on
