Today's Top Gadgets & Tech Story

Japan, South Korea drive global bitcoin prices as retail investor pile in

HONG KONG (Reuters) - Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, with the digital currency more than doubling its value since the start of the year, analysts and market practitioners said on Friday. Read More

 

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China LeEco's sports unit says valued at $3.5 billion after new funding round

BEIJING/SHANGHAI (Reuters) - Chinese tech conglomerate LeEco's sports unit said it completed a new round of funding that valued it at 24 billion yuan ($3.50 billion) and that its investors will form a new committee to supervise its finances. More »

 

Samsung Electronics to set up fund to help suppliers amid Moon's reform push

SEOUL (Reuters) - Samsung Electronics Co Ltd said it would set up a 500 billion won ($445 million) fund to help small suppliers, the highest-profile South Korean firm to unveil steps in the wake of new President Moon Jae-in's call to protect small businesses. More »

 

Coinbase suffers outages amid bitcoin surge

(Reuters) - Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw "unprecedented traffic and trading," with the digital currency hitting record levels. More »

 

Billionaire Slim eyeing electric taxi to reduce pollution in Mexico City

MEXICO CITY (Reuters) - Giant Motors, an automaker partially owned by Mexican billionaire Carlos Slim, is working on a prototype electric taxi to replace the gas-guzzling cabs polluting Mexico City's air, a company executive said. More »

 

Global chat platform Kik to launch digital currency

NEW YORK (Reuters) - Kik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers to use a whole range of digital services. More »

 

Newly discovered vulnerability raises fears of another WannaCry

SINGAPORE (Reuters) - A newly found flaw in widely used networking software leaves tens of thousands of computers potentially vulnerable to an attack similar to that caused by WannaCry, which infected more than 300,000 computers worldwide, cybersecurity researchers said on Thursday. More »

 

Some Uber and Lyft riders are giving up their own cars: Reuters/Ipsos poll

SAN FRANCISCO (Reuters) - Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around. More »

 

Google's AlphaGo clinches series win over Chinese Go master

SHANGHAI (Reuters) - Google's artificial intelligence program, AlphaGo, beat Chinese Go master Ke Jie for a second time on Thursday, taking an unassailable 2-0 lead in a best of three series meant to test the limits of computers in taking on humans at complex tasks. More »

 

China's Dahua Tech plans up to $1 billion Hong Kong share sale: sources

HONG KONG (Reuters) - China's Zhejiang Dahua Technology Co Ltd <002236.SZ>, a maker of security products, is planning to raise as much as $1 billion through a share offering in Hong Kong, three people with direct knowledge of the move told Reuters. More »

 

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