China's Xiaomi names DST partner Chew as chief financial officer

BEIJING (Reuters) - Beijing-based smartphone maker Xiaomi Inc said on Wednesday it has hired private equity investor Shou Zi Chew as chief financial officer, further bolstering its executive ranks in a period of rapid international expansion.

from Reuters: Technology News http://ift.tt/1U6zxN9

Interactive Data Corp taps banks for sale or IPO: sources

(Reuters) - Interactive Data Corp, one of the world's largest financial data providers, has hired banks for a potential sale or an initial public offering that could value it at more than $5 billion, including debt, people familiar with the matter said on Tuesday.

from Reuters: Technology News http://ift.tt/1U5MhDH

U.S. judge signs off on Sprint's $50 million 'cramming' settlement

NEW YORK (Reuters) - A U.S. judge signed off on Tuesday on a $50 million settlement between the Consumer Financial Protection Bureau and Sprint Corp over claims the mobile carrier added unauthorized charges to customer phone bills.

from Reuters: Technology News http://ift.tt/1C6ttyE

Mexico gives competitors access to Telmex phone networks

MEXICO CITY (Reuters) - Mexico's telecoms regulator said on Tuesday that it will open access to the "last mile" of Telmex telephone network to rivals, in a decision that aims to increase competition in a sector dominated by billionaire Carlos Slim.

from Reuters: Technology News http://ift.tt/1IqT4U5

Fintech explosion puts banks in digital firing line

FRANKFURT (Reuters) - 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.

from Reuters: Technology News http://ift.tt/1GXoBKT

Tiger Management's Robertson says he is 'extremely positive' on Apple: CNBC

NEW YORK (Reuters) - Julian Robertson, head of hedge fund Tiger Management, said he was "extremely positive" about Apple Inc and that Chief Executive Officer Tim Cook was the "perfect person" to lead the company.

from Reuters: Technology News http://ift.tt/1HsUzAm

YouTube wins German court case over artists' fees

MUNICH, Germany (Reuters) - Google won a legal victory on Tuesday over German performing rights organization Gema, which had sought to make the company's video-sharing service YouTube pay each time users watched music videos by artists it represents.

from Reuters: Technology News http://ift.tt/1LAzW77

China's Xiaomi plans to make smartphones in Brazil

SAO PAULO (Reuters) - Chinese smartphone maker Xiaomi has started making devices in Brazil, a senior executive said on Tuesday, in an effort to evade steep import tariffs that have pushed up prices and slowed smartphone adoption in the country.

from Reuters: Technology News http://ift.tt/1g7uInl