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SAN FRANCISCO (Reuters) - A total of 34 artificial intelligence startups were acquired in the first quarter of this year, more than twice the amount of activity in the year-ago quarter, according to the research firm CB Insights.

LONDON (Reuters) - British Airways canceled all its flights from London's two biggest airports on Saturday after a global computer system failure caused confusion and chaos, with thousands of passengers queuing for hours and planes left stuck on runways.

WASHINGTON (Reuters) - Facebook, Amazon and more than two dozen other U.S. technology companies pressed Congress on Friday to make changes to a broad internet surveillance law, saying they were necessary to improve privacy protections and increase government transparency.

HONG KONG (Reuters) - Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, with the digital currency more than doubling its value since the start of the year, analysts and market practitioners said on Friday.

(Reuters) - Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.

BEIJING/SHANGHAI (Reuters) - Chinese tech conglomerate LeEco's sports unit said it completed a new round of funding that valued it at 24 billion yuan ($3.50 billion) and that its investors will form a new committee to supervise its finances.

TORONTO (Reuters) - A Canadian suspected of involvement in a massive 2014 breach of Yahoo email accounts linked to Russia is appealing a decision to hold him in custody pending an extradition hearing, the man's lawyer said on Friday.

Italian court overturns Uber ban
Fri, 26 May 2017 12:24:00 -0400
ROME (Reuters) - A Rome court annulled a short-lived ban on ride-hailing app Uber on Friday in the latest twist to a battle between the San Francisco-based multinational and Italy's traditional taxi cabs.

Coinbase suffers outages amid bitcoin surge
Thu, 25 May 2017 15:41:09 -0400
(Reuters) - Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw "unprecedented traffic and trading," with the digital currency hitting record levels.

NEW YORK (Reuters) - Kik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers to use a whole range of digital services.

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FINANCE NEWS
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