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South Korea's cryptocurrency industry welcomes regulator's dramatic change of heart

3:39
SEOUL (Reuters) - South Korea's cryptocurrency industry is anticipating much better times as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.

Venezuela says launch of 'petro' cryptocurrency raised $735 million

3:39
CARACAS (Reuters) - President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's “petro” cryptocurrency, aimed at pulling the country out of an economic tailspin.

Artificial intelligence poses risks of misuse by hackers, researchers say

2:32
FRANKFURT (Reuters) - Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns.

Computer shops embrace lucrative business: outfitting cryptocurrency miners

1:58
HONG KONG/SINGAPORE (Reuters) - Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology: cryptocurrency mining rigs.

Sessions forms U.S. cyber task force after election warnings

0:15
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Tuesday announced he would create a task force to examine how his Justice Department can better combat global cyber threats, including efforts to interfere with elections or damage critical infrastructure.

FCC reversal of net neutrality rules expected to be published Thursday: sources

22:35
WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected to publish on Thursday its December order overturning the landmark Obama-era net neutrality rules, two sources briefed on the matter said Tuesday.

Bitcoin nearly doubles in value from year's low hit in early February

21:27
NEW YORK (Reuters) - Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea's financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges.

Qualcomm deals blow to Broadcom's bid with sweetened NXP deal

19:11
(Reuters) - U.S. semiconductor company Qualcomm Inc on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV , its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd .

Lesser-known North Korea cyber-spy group goes international: report

18:03
FRANKFURT (Reuters) - A North Korean cyber espionage group previously known only for targeting South Korea's government and private sector deepened its sophistication and hit further afield including in Japan and the Middle East in 2017, security researchers said on Tuesday.

Uber CEO sees commercialization of flying taxis in 5-10 years

8:19
TOKYO (Reuters) - Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years.
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