Barclays will need to defend its advantages in the payments business from encroachment by technology companies including Amazon.com and Apple, according to CEO Jes Staley. “There are some tectonic shifts going on, driven
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The CEO of Samsung Electronics is stepping down in a surprise resignation after decades at the company, saying it needed new leadership following a bribery scandal that led to the imprisonment of its de facto chief. Kwon Oh-hyun, who
It was always going to be tough to get a handle on the initial sales success of the latest iPhone models. But some early signs are not encouraging for Apple. The latest dour data came from US telecommunications operator
Bitcoin is so close to making a new record and it could be because it’s taking market share from its smaller cousins. The largest cryptocurrency crossed US$4 500 on Monday and is now hovering right below the $5 000 line
Amazon.com on Wednesday introduced a waterproof Kindle e-reader long-awaited by enthusiasts, the latest in a string of consumer devices from the online retail giant this year. The device, an updated version
Apple’s plan to challenge Netflix and Amazon.com in the TV business just got a little bit clearer. The maker of the iPhone and iPad plans to release a remake of Steven Spielberg’s science fiction anthology series Amazing Stories, according
Google summoned about 200 policy staff from around the world last month for a debate on whether the company’s size has made it too attractive as a target for government regulators. The two-day retreat in Monterey
Elon Musk’s SpaceX successfully launched its 14th Falcon 9 rocket of the year, bringing the company a step closer to the 20 to 24 total missions it’s targeted for 2017. The pre-dawn launch from Vandenberg Air
Blade Runner 2049, a revival of the 1982 sci-fi cult classic starring Harrison Ford, opened as the top film in North American theatres this weekend with underwhelming results. The film, distributed by Warner Bros and backed by Sony
At first, bitcoin was a way to make payments without banks. Now, with more than US$100bn stashed in digital currencies, banks are debating whether and how to get in on the action. Goldman Sachs Group