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Swiss watchdog to treat some coin offerings as securities
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ZURICH (Reuters) – Switzerland’s financial watchdog will regulate some digital currency fundraisers, known as initial coin offerings (ICOs), either under anti-money laundering laws or as securities, it said on Friday. The guidelines provide more clarity on the country’s stance toward the hot fundraising method in which Switzerland has become a global leader but whose regulators […]

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Number of crypto hedge funds doubles in four months: Autonomous NEXT data
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LONDON (Reuters) – Hedge funds focused on trading cryptocurrencies more than doubled in the four months to Feb. 15, hitting a record high of 226, showed new data from fintech research house Autonomous NEXT on Thursday. The firm had recorded just 110 global hedge funds with a similar strategy as of Oct. 18, up from […]

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Toshiba appoints ex-banker as CEO, forecasts first profit in four years
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TOKYO (Reuters) – Toshiba Corp appointed a former banker from a key creditor bank as CEO and forecast its first annual profit in four years, making progress in its efforts to recover from billions of dollars in losses at its U.S. nuclear unit Westinghouse. Nobuaki Kurumatani, a former executive of Sumitomo Mitsui Financial Group, will […]

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Walmart goes to the cloud to close gap with Amazon
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SAN BRUNO/SUNNYVALE, Calif. (Reuters) – 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. These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting to pay off. The retailer’s online sales have […]

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​The most popular Linux desktop programs are…
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Video: Barcelona: Bye Microsoft, hola Linux LinuxQuestions, one of the largest internet Linux groups with 550,000 members, has just posted the results from its latest survey of desktop Linux users. With approximately 10,000 voters in the survey, the desktop Linux distribution pick was: Ubuntu. While Ubuntu has long a been popular Linux distro, it hasn’t […]

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Alibaba signs deal to offer Disney shows on video platforms
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SINGAPORE (Reuters) – Alibaba Group Holding Ltd’s entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group’s Youku video streaming platform with the largest Disney animation collection in China. Alibaba said in a press release on Monday that the multi-year licensing agreement signed between Alibaba […]

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Alibaba kicks off sponsor deal in Pyeongchang
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PYEONGCHANG (Reuters) – Alibaba Group Holding Ltd (BABA.N) is launching a project that will create a “smarter” and more connected athletes’ village and stadia and make all Olympics stakeholders “more money”, its executives said on Saturday. Many of Alibaba’s plans are still concepts since it has not had enough time to implement its technology after […]

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U.S. Olympic Curler Is Reminding Everyone of ‘Super Mario’
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The Pyeongchang Winter Olympics have a surprise participant: a Mario lookalike. TV viewers watching U.S. curling team members Matt Hamilton and his sister Becca noticed something interesting about him: He looked an awful lot like Mario, the famed character from Nintendo’s popular Super Mario video game franchise. A Twitter user shared the observation on Wednesday […]

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Nvidia's upbeat forecast powered by data center, cryptocurrency demand
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(Reuters) – Nvidia Corp’s (NVDA.O) upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading. The company, which also reported better-than-expected quarterly results, is reaping the benefits from the launch of […]

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