Recent Innovation News
WASHINGTON Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters.
ZURICH Many digital currency issues, known as initial coin offerings (ICOs), will be treated as securities under regulatory guidelines published on Friday by Switzerland, which has become a global leader in the hot fundraising method.
CARACAS Widerven Villegas and his brother wash some 30 cars a day at a parking lot in Caracas. Despite charging less than 50 cents, nobody pays them in cash. | Video
BEIJING Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for Chinese espionage, saying it was a trusted partner of its U.S. customers, state news agency Xinhua reported.
TEL AVIV Israel's CommonSense Robotics, whose technology enables retailers to offer quick and affordable grocery deliveries, said on Thursday it has raised $20 million in an early-stage investment round, bringing its total funding to $26 million.
HELSINKI Finnish network gear maker Nokia has started a strategic review of its digital health business and announced more than 400 job cuts in its home country.
Applied Materials Inc reported first-quarter profit and revenue above Wall Street estimates as the world's largest semiconductor equipment maker benefited from higher demand for flat panel displays and chips used in electronic items.
SAN BRUNO/SUNNYVALE, Calif. One of Walmart Inc's best chances at taking on Amazon.com Inc in e-commerce lies with six giant server farms, each larger than ten football fields. | Video
WASHINGTON China is trying to gain access to sensitive U.S. technologies and intellectual properties through telecommunications companies, academia and joint business ventures, U.S. senators and spy chiefs warned on Tuesday at a Senate hearing.
Xerox Corp shareholder Darwin Deason asked a court on Tuesday to block the company's merger with Japan's Fujifilm Holdings Corp , claiming the U.S. photocopier maker's board failed shareholders by approving a deal that undervalues the company.