SHANGHAI - China's government banned financial institutions from trading in bitcoin on Thursday, in what analysts said was a restrained first step towards regulating the digital currency that has exploded in popularity in China and soared in value in recent months.
Recent Technology News
NEW YORK/BOSTON - JPMorgan Chase & Co is warning some 465,000 holders of prepaid cash cards issued by the bank that their personal information may have been accessed by hackers who attacked its network in July.
SAN FRANCISCO - Microsoft Corp pledged late Wednesday to fight in court against any attempt by U.S. intelligence agencies to seize its foreign customers' data under American surveillance laws, one of a series of steps aimed at reassuring nervous users abroad.
FRANKFURT/LONDON - Merck, the world's largest maker of liquid crystals used in TVs, tablet and smartphone screens, has agreed to buy Britain's AZ Electronic Materials for $2.6 billion to expand its range of specialist chemicals for hi-tech gadgets.
WASHINGTON - The troubled mobile phone maker BlackBerry still has at least one very loyal customer: U.S. President Barack Obama.
SAN FRANCISCO - The agency that oversees development in the San Francisco Bay in California has begun a formal investigation into the construction of a secretive Google Inc barge on an island in the bay.
- Bargain-hunting dents retailers' November sales
- Third-quarter growth revised up to 3.6 percent, jobless claims fall
- Wall Street dips after mixed data; Apple rises
- Japan approves $182 billion economic package, doubts remain
- UK's Osborne says vindicated by growth rebound, vows to stay on course |
- Eni's CEO first to meet with Iran oil minister
- GM to drop Chevy brand in Europe to focus on Opel
- Deutsche Bank to quit commodities trading
- Ford launches new global Mustang to buoy brand, boost margins