Reuters Technology Report: SEC says bitcoin funds raise 'investor protection issues'

Click to View in Browser Friday, January 19, 2018 SEC says bitcoin funds raise 'investor protection issues' (Reuters) - The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies. South Korean group files complaint against Apple CEO over iPhone slowdown SEOUL (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets. IBM returns to growth after six years, but dour forecast hits shares (Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit. Bitcoin use under scrutiny in Indonesian island of Bali JAKARTA/KUTA, Indonesia (Reuters) - Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said. Google announces patent agreement with Tencent amid China push BEIJING (Reuters) - Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators. Amazon's review of Toronto could escalate tension with Trump TORONTO (Reuters) - Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump. Apple to release software update to resolve iPhone slowdown: CEO (Reuters) - Apple Inc will release a software update that will allow users to turn off a feature that slows down iPhones when batteries are low on charge, Chief Executive Tim Cook told ABC News. Senate passes bill renewing internet surveillance program WASHINGTON (Reuters) - The U.S. Senate on Thursday passed a bill to renew the National Security Agency's warrantless internet surveillance program for six years with minimal changes, overcoming objections from civil liberties advocates that it undermined the privacy of Americans. SoftBank is now Uber's largest shareholder as deal closes SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber. Apple, Alphabet employee buses damaged by vandals during commute SAN FRANCISCO (Reuters) - Vandals damaged Apple Inc and Alphabet Inc charter buses carrying employees to and from work in California's Silicon Valley in recent days, police said on Thursday. Related Video Police probing possible attacks on tech buses Toothpaste ingredient could fight malaria, research shows Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2018 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook