Month: April 2018

Technology

Asia’s cryptocurrency arbitrage boom fizzles, but profits persist

Reuters News April 2, 2018 0

SHANGHAI/SINGAPORE (Reuters) - When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin "mules" and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators' watchful eyes.

Technology

Silicon Valley, Wall Street taking notes on Spotify debut

Reuters News April 2, 2018 0

NEW YORK (Reuters) - Spotify Technology SA's unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but are not in need of cash.

Technology

Philippines, Malaysia put Uber-Grab deal under anti-competition scrutiny

Reuters News April 2, 2018 0

MANILA/KUALA LUMPUR (Reuters) - Philippines and Malaysia said on Monday they will look into whether Uber Technologies' [UBER.UL] move to sell its Southeast Asian business to ride-hailing rival Grab hinders competition, days after Singapore began a probe into the deal on similar concerns.

Technology

Malaysia puts Grab on anti-competition watchlist after Uber stake buy

Reuters News April 2, 2018 0

KUALA LUMPUR (Reuters) - Malaysia said on Monday that it will monitor ride-hailing firm Grab for possible anti-competitive behavior, after rival Uber Technologies Inc offloaded its Southeast Asian operations to the Singapore-based firm.