Technology

People walk behind the logo of SoftBank Corp in Tokyo

Saudi Arabia, SoftBank aim to be world’s No. 1 tech investor with $100 billion fund

14/10/2016(0)
Saudi Arabia and Japan’s SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100 billion, making it one of the world’s largest private ... Read More
Lloyds bank in central London

Lloyds Banking Group to introduce new state of the art fraud prevention technology

13/10/2016(0)
Lloyds Banking Group is set to become the first organisation in Europe to introduce new state of the art fraud prevention technology, helping protect its 30 million customers from ... Read More
Facebook

Facebook challenged over £11.3 tax credit

10/10/2016(0)
According to information filed at Companies House, Facebook paid £4.17m in corporation tax for the year to December 2015,  and recorded sales of some £210m. However, the company also ... Read More
nasdaq-1

Nasdaq Wants to Patent Blockchain Backups for Exchanges

07/10/2016(0)
Nasdaq is looking to patent a way in which a blockchain can be used to record exchange transaction records. On 6th October, the US Patent and Trademark Office (USTPO) ... Read More
The Apple Store is seen in Santa Monica

Apple Ordered to pay $302 million in damages in a Patent legal case

03/10/2016(0)
A federal jury in Texas on Friday night ordered Apple to pay more than $302 million in damages for using VirnetX Holding Corp’s patented internet security technology without permission in features ... Read More
Freshfields law firm

Multinational law firm signed a deal with an AI software developer

28/09/2016(0)
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has announced a strategic partnership with machine learning software provider, Kira Systems. The firm will use Kira in its Legal Services Centre to support ... Read More
bn-pz552_fxledg_m_20160926171236

Bitcoin-Inspired Technology Starts to Reshape Currency Markets

27/09/2016(0)
Product likely to lower the costs of cross-border transactions Bitcoin-inspired ledger technology is taking its first steps in foreign-exchange markets. Companies that provide payments systems to banks are unveiling ... Read More
fintech

Canvas Ventures Raises $300M Fund to Invest in Software & Services Startups

26/09/2016(0)
Canvas Ventures, a Silicon Valley-based venture capital firm, today announced that it has closed a new $300M fund called “Canvas Ventures 2.” The firm’s previous fund was capitalized at ... Read More
blackline-logo-feature

Accounting software maker prepares for IPO

21/09/2016(0)
Accounting software maker BlackLine Inc is preparing for an initial public offering that could value it at more than $1 billion, including debt, people familiar with the matter said ... Read More
cboe-building

CBOE to Launch Options On FTSE Emerging Index

16/09/2016(0)
Chicago Board Options Exchange® (CBOE®) today announced that it plans to launch options on the FTSE Emerging Index on September 26, 2016. The FTSE Emerging Index is a market-capitalization weighted index ... Read More
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