China bans initial coin offerings as illegal fundraising

SHANGHAI/BEIJING (Reuters) - China on Monday banned individuals and organizations from raising funds through initial coin offerings (ICO), or launches of digital currencies, saying the practice constituted illegal fundraising.

Huawei unveils faster phone chip it says can beat Apple, Samsung

BERLIN (Reuters) - Huawei [HWT.UL] aims to use artificial intelligence-powered features such as instant image recognition to take on rivals Samsung and Apple when it launches its new flagship phone next month, a top executive said on Saturday.

More than four million Time Warner Cable records exposed in leak

(Reuters) - More than four million records of users of Time Warner Cable's MyTWC app were found unsecured on an Amazon server last month, digital security research center Kromtech Security Center said in a blog post on Friday.

Apple shifts responsibility for Siri to operating system chief

(Reuters) - Apple Inc has transferred responsibility for Siri, its voice assistant, from content chief Eddy Cue to operating systems chief Craig Federighi, a sign that the company is looking to embed the voice assistant more deeply into its core systems amid rising competition from Alphabet Inc's Google and Inc .

Video streaming device maker Roku files for IPO

(Reuters) - Video streaming device maker Roku Inc filed for an initial public offering on Friday, as the company looks to cash in on the booming demand for such services.

Audio firm Harman aims for sales boost, new deals after Samsung takeover

BERLIN (Reuters) - Audio specialist Harman International wants to nearly treble annual sales by 2025 by partnering with tech groups such as Amazon , Google and Microsoft , as well as its new owner, Samsung , its chief executive said on Friday.

Facebook's Watch goes up against YouTube for ad dollars

(Reuters) - Facebook Inc launched its Watch video service to U.S. users on Thursday with plans to allow people to submit shows, as the No. 1 social media network vies with Alphabet Inc's YouTube for advertising revenue.

Just smile: In KFC China store, diners have new way to pay

SHANGHAI (Reuters) - Diners at a KFC store in the eastern Chinese city of Hangzhou will have a new way to pay for their meal. Just smile.

Western Digital CEO apologized to Toshiba for friction over chip unit sale

TOKYO (Reuters) - Western Digital Corp's CEO apologized to his counterpart at Toshiba Corp for strained ties after the U.S. firm sued to keep their chip joint venture from being sold to rival bidders, according to an Aug. 11 letter.

Hewlett Packard Enterprise to complete software spin-off

SAN FRANCISCO (Reuters) - Hewlett Packard Enterprise Co completed the spin-off of much of its software business early on Friday, closing the door on the disastrous 2011 acquisition of British firm Autonomy and narrowing the company's focus to data center hardware and software.

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