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App developer settles FTC charges it hijacked mobile phones to mine cryptocurrency — 11:07:18(CDT)6-30-2015

App developer settles FTC charges it hijacked mobile phones to mine cryptocurrency — 11:07:18(CDT)6-30-2015

App developer settles FTC charges it hijacked mobile phones to mine cryptocurrency Washington, June 29, 2015 — A smartphone app developer has agreed to settle charges by the Federal Trade Commission and the New Jersey Attorney General that it lured consumers into downloading its “rewards” app, saying it would be free of malware, when the [...]

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Tiger’s Robertson says ‘extremely positive’ on Apple: CNBC

Tiger’s Robertson says ‘extremely positive’ on Apple: CNBC

NEW YORK Julian Robertson, head of hedge fund Tiger Management, said Tuesday that he was “extremely positive” about Apple Inc and that Chief Executive Officer Tim Cook was the “perfect person” to lead the company. “It, I think, now has the right leader for this time,” Robertson told cable television network CNBC. He said it [...]

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Fintech explosion puts banks in digital firing line

Fintech explosion puts banks in digital firing line

FRANKFURT The world’s top banks and insurers are seeing their business models challenged by “fintech” start-ups, which are reshaping what consumers and businesses expect from financial services, industry insiders and experts say. A report out Tuesday from the World Economic Forum (WEF), the Swiss-based corporate think-tank which runs the Davos summit of world leaders, says [...]

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