Monthly Archives: September 2016

Citigroup becomes last big U.S. bank to join payments network

NEW YORK (Reuters) - Citigroup Inc on Wednesday became the last of the big U.S. banks to agree to allow customers to send instant payments by mobile phone over an industry network that is competing with upstart Venmo.

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Adobe Leaps From AWS to Microsoft’s Cloud

Microsoft has announced a series of major enhancements to its enterprise cloud platform, as well as a new strategic partnership with Adobe, advancing its drive to attract new business from core competitors like Salesforce and Amazon. Microsoft has entered a strategic partnership to make Azure the preferred cloud platform for the Adobe Marketing Cloud, Adobe Creative Cloud and Adobe Document Cloud.

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VW CEO: Hopeful for deal with U.S. authorities by end of the year

PARIS (Reuters) - Volkswagen AG Chief Executive Matthias Mueller said on Wednesday he is hopeful the German automaker can reach agreement by the end of the year with the U.S. government on the size of a fine to settle a criminal investigation of the c...

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Och-Ziff unit to plead guilty in U.S. bribe probe – sources

NEW YORK (Reuters) - Och-Ziff Capital Management Group LLC will pay $400 million and a subsidiary will plead guilty to resolve U.S. probes into its involvement in bribes paid to African officials, two people familiar with the matter said on Wednesday.I...

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