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Lawyers for two former Wall Street stockbrokers urged jurors on Tuesday to reject a U.S. regulator’s claims they illicitly traded on a tip about an IBM Corp deal, saying their conduct did not constitute illegal insider trading. At the start of a trial in Manhattan federal court, lawyers for ex-Euro Pacific Capital Inc brokers Daryl Payton and Benjamin Durant admitted ... Read More »

Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) plans to webcast its annual meeting for the first time, allowing the largest U.S. shareholder gathering to reach a global audience through Yahoo Inc’s (YHOO.O) finance page. Viewers will be able to watch Buffett, Berkshire’s 85-year-old chief executive officer, and Vice Chairman Charlie Munger, 92, field five hours of questions on April 30 from ... Read More »

President Barack Obama said on Wednesday the United States is not as organised as it needs to be to step up its protections against cyber threats, and that making improvements would be a complex task lasting well beyond his time in office. Obama made his comments after meeting in the Oval Office with two advisers who will lead a new ... Read More »

Apple Inc launched its mobile payment system in China on Thursday in a bid to convince the hundreds of millions of users of the country’s entrenched, dominant services to switch. “We think China could be our largest Apple Pay market,” Jennifer Bailey, vice president of Apple Pay, told Reuters in an interview in Beijing. In an early boost, China’s biggest ... Read More »

Apple Inc is resisting a federal court order that it help the U.S. government break into the iPhone 5c of Rizwan Farook, who along with his wife killed 14 people in a December shooting in San Bernardino, California, which the government has described as a terror attack. The following is an explanation of the technology and data privacy issues at ... Read More »

Amazon.com Inc (AMZN.O) is quietly inviting drivers for its new “on-demand” delivery service to handle its standard packages, as the online retailer known for low prices and razor-thin profit margins looks to speed up delivery times and tamp down its growing multi-billion dollar logistics bill. The move, which has not been announced publicly, is the latest sign that the world’s ... Read More »

The court ruling ordering Apple Inc. to help unlock an iPhone belonging to one of the San Bernardino attackers represents just one case, the White House said on Wednesday, emphasizing that the U.S. Department of Justice is asking the tech giant for access to a single device. In a briefing with reporters, White House spokesman Josh Earnest deferred to the ... Read More »

Yahoo Inc said on Wednesday it would shut down its digital magazines as part of a plan to simplify its business. The company’s digital magazines to be discontinued include those that cover food, parenting, health, travel and real estate, it said in a blog post. Yahoo said it would sharpen its focus on news, sports, finance and lifestyle. The company ... Read More »

U.S. Republican presidential candidates criticized Apple Inc on Wednesday for opposing a government request for help hacking into an iPhone belonging to one of the San Bernardino attackers, saying national security is more important than fears about invasion of privacy. The company late on Tuesday said it was opposing a court order to help the Federal Bureau of Investigation break ... Read More »

Apple Inc opposed a court ruling on Tuesday that ordered it to help the FBI break into an iPhone recovered from a San Bernardino shooter, heightening a dispute between tech companies and law enforcement over the limits of encryption. Chief Executive Tim Cook said the court’s demand threatened the security of Apple’s customers and had “implications far beyond the legal ... Read More »