Swatch, Visa launch pay-by-wrist watch venture

ZURICH (Reuters) – Swiss watchmaker Swatch SA, Visa Inc and Visa Europe have launched a project that lets Visa cardholders in the United States, Switzerland and Brazil make payments with Swatch's new “pay-by-the-wrist” Swatch Bellamy watch. Set to launch in early 2016, Swatch Bellamy can be used around the world wherever contactless near-field communications (NFC) Visa payments are accepted, the partners said in a joint statement. (Reporting by Michael Shields; Editing by Christoph Steitz)

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Swatch, Visa launch pay-by-wrist watch venture

Swatch, Visa launch pay-by-wrist watch venture

ZURICH (Reuters) – Swiss watchmaker Swatch SA, Visa Inc and Visa Europe have launched a project that lets Visa cardholders in the United States, Switzerland and Brazil make payments with Swatch's new “pay-by-the-wrist” Swatch Bellamy watch. Set to launch in early 2016, Swatch Bellamy can be used around the world wherever contactless near-field communications (NFC) Visa payments are accepted, the partners said in a joint statement. (Reporting by Michael Shields; Editing by Christoph Steitz)

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Swatch, Visa launch pay-by-wrist watch venture

Anonymous hackers target Iceland sites in whaling protest

Activist hackers from the Anonymous collective have claimed responsibility for bringing down five government websites in Iceland in a protest against whale-hunting by the North Atlantic nation. In an anti-whaling video posted on social media, activists called for people to hack websites linked to Iceland to protest persistent commercial hunting despite an international moratorium. On a new Twitter account devoted to the campaign, screenshots showing the sites down were published late on Friday by activists who said they belonged to the loose Anonymous collective.

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Anonymous hackers target Iceland sites in whaling protest

EU wants to give national privacy regulators more clout in new U.S. data pact

By Julia Fioretti BRUSSELS (Reuters) – The European Union wants to enhance the power of the bloc's national privacy regulators in policing a planned new EU-U.S. data pact after the previous one was struck down by a top EU court on concerns about mass U.S. surveillance. Brussels and Washington are locked in negotiations to forge a new framework enabling data transfers from Europe to the United States, which are otherwise subject to cumbersome and lengthy legal processes under EU data protection law. The previous pact, known as Safe Harbour and used by over 4,000 U.S. and European companies, was declared invalid by the European Court of Justice in October because U.S. national security needs trumped the privacy of Europeans' data

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EU wants to give national privacy regulators more clout in new U.S. data pact

Thanksgiving shopping crowds ‘good not great’; online sales strong

PITTSBURGH/CHICAGO (Reuters) – Retailers across the United States offered early Black Friday discounts to lure bargain-hunters on Thanksgiving eve, but initial checks showed crowds in brick-and-mortar stores were subdued even as online sales jumped. “It's still early, and from what we are seeing so far the crowds are good but not great,” said Craig Johnson, president of Customer Growth Partners. At the Toys R Us in New York's Times Square, a line of about 200 shoppers, hemmed in by barricades, stretched to the corner of 45th Street and toward Sixth Avenue, where the Macy's Inc Thanksgiving Day parade had ended a few hours earlier.

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Thanksgiving shopping crowds ‘good not great’; online sales strong

German court says ISPs may have to block music-sharing sites

Germany's highest court said Internet service providers could be made responsible for blocking websites offering illegal music downloads, but only if copyright holders showed they had first made reasonable attempts to thwart such piracy by other means. The federal Supreme Court dismissed two cases brought by music rights society GEMA against Deutsche Telekom and music companies Universal Music, Sony and Warner Music Group against Telefonica's O2 Deutschland.

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German court says ISPs may have to block music-sharing sites

Sony’s PlayStation 4 sales top 30 million consoles

TOKYO (Reuters) – Sony Corp on Wednesday said sales of its PlayStation 4 video game console exceeded 30.2 million units as of Nov. 22, as global price cuts ahead of the year-end holiday season bolstered demand. The PlayStation 4, which went on sale in late 2013, has been Sony's fastest-selling game console, the Japanese electronics manufacturer said. It hit sales of 20 million consoles in March. The console helped Sony book its highest second-quarter operating profit in eight years. (Reporting by Makiko Yamazaki; Editing by Christopher Cushing)

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Sony’s PlayStation 4 sales top 30 million consoles

Exclusive: Three Goldman bankers leave for Uber as tech world raids Wall Street talent

By Olivia Oran and Heather Somerville NEW YORK/SAN FRANCISCO (Reuters) – Three mid-level bankers in Goldman Sachs Group Inc's technology investment banking group in San Francisco have left to take positions at ride service company Uber Technologies Inc in recent months, people familiar with the matter told Reuters. The bankers are the latest to leave Wall Street banks for Silicon Valley startups, where the lure of more flexible hours – and in some cases stock options and share grants – can be hard to resist. Uber, currently valued at around $51 billion, said in August that it expected an IPO within 18 to 24 months.

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Exclusive: Three Goldman bankers leave for Uber as tech world raids Wall Street talent

GameStop’s warning on EA’s Star Wars game seen premature

Electronic Arts Inc has little to fear from retailer GameStop Corp's warning about weak sales for EA's just-released “Star Wars” title, with analysts agreeing it was too early to predict its success or failure. The videogame publisher's shares fell as much as 7 percent on Monday after GameStop said its sales of “Star Wars: Battlefront” were weaker than anticipated. The comments from GameStop, the world's largest videogame retailer, do not reflect digital videogame sales and come days before Black Friday, traditionally the biggest shopping day in the United States.

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GameStop’s warning on EA’s Star Wars game seen premature