Reuters Technology Report: Wirecard says probes find no evidence of criminal misconduct

Click to View in Browser Monday, February 4, 2019 Wirecard says probes find no evidence of criminal misconduct Wirecard and its law firm said on Monday that they had found no conclusive evidence of criminal misconduct by any employee of the company, after the Financial Times last week alleged financial wrongdoing at its Singapore office. Goldman Sachs invests in HSBC-backed fintech app Bud Goldman Sachs is among the investors in a $20 million fundraising for financial technology firm Bud, the two companies said on Monday, the latest in a series of investments by big global banks seeking to partner with fintechs. Wirecard says law firm found no findings of criminal misconduct Wirecard on Monday said that an external law firm it brought in to investigate actions by a member of its finance team in Singapore made no conclusive findings of criminal misconduct by any employee of the company. Tencent-backed Chinese movie-ticketing app Maoyan makes weak Hong Kong debut Tencent-backed Maoyan Entertainment, China's biggest movie-ticketing platform by sales, fell 1.1 percent in its Hong Kong stock debut on Monday, the latest in a string of weak starts among Chinese tech firms listing in the financial hub. Exclusive: Mobile network operator's body GSMA considers crisis meeting over Huawei Mobile communications industry body GSMA has proposed its members discuss the possibility that Chinese network vendor Huawei [HWT.UL] is excluded from key markets, amid concerns such a development could set operators back by years. Dirty money risks encroach on Estonia's digital utopia (This February 1 story corrects to show the presidential palace in Estonia was not built in the 18th century.) Fed backs Bangladesh as cyber-heist lawsuit kicks off The Federal Reserve will lend a hand to Bangladesh's central bank as it sues to recoup losses from one of the world's largest cyber heists, even while the Philippine bank targeted by the lawsuit on Friday called it baseless and beyond U.S. jurisdiction. SoftBank's Vision Fund in talks to invest $1.5 billion in Chinese used car platform: sources The SoftBank-led Vision Fund is in talks to invest up to $1.5 billion in Chinese used car trading platform Guazi.com, two people with knowledge of the matter said. FCC faces tough questions from court on net neutrality repeal A federal appeals court asked pointed questions of the Federal Communication Commission on Friday in hearing a challenge to whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017. Tech lobby takes India to task over plans to police online content (This Jan. 31 story has been refiled to fix wording of paragraph 13) Related Video Jenga-playing robot built by MIT engineers London gets EV charging points embedded in the kerb 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 2019 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