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Bitcoin averts split as miners back new software upgrade

NEW YORK Digital currency bitcoin on Friday averted a split into two currencies after its network supported an upgrade to its software that would enhance its ability to process an increasing number of transactions.

Recent Technology News

Arista loses bid to lift import ban in Cisco battle

The U.S. government on Thursday dealt Arista Networks Inc a loss in its technology dispute with Cisco Systems Inc and refused to set aside an order blocking importation of some of Arista's network switches.

Jul 21 2017

Private equity bid for Paysafe stokes payments M&A boom

Private equity firms Blackstone and CVC Capital Partners [CVC.UL] joined a rush to snap up payments companies on Friday with a 2.9 billion pound ($3.7 billion) bid for Paysafe Group.

Deals, Jul 21 2017

LVMH's Louis Vuitton launches e-commerce website in China

PARIS French fashion brand Louis Vuitton, part of luxury giant LVMH , said on Friday it had launched an e-commerce website in China to tap a booming online shopping market.

Jul 21 2017

Vodafone beats expectations with 'robust' performance

LONDON Vodafone, the world's second largest mobile operator, reported better-than-expected 2.2 percent revenue growth in its first quarter, reflecting a robust performance in Italy and Spain and an acceleration in demand in Turkey.

Jul 21 2017

Court blocks $18 billion British class action against MasterCard

LONDON A 14 billion pound ($18 billion) class action lawsuit against MasterCard for allegedly overcharging more than 45 million people in Britain over a 16-year period was blocked by a British court on Friday.

Jul 21 2017