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Updated: 2 min 35 sec ago

South Korean chat app becomes new outlet for #MeToo movement

53 min 10 sec ago
SEOUL (Reuters) - A chat app where South Koreans can anonymously dish the dirt on their misbehaving bosses and colleagues is belatedly stirring the country’s #MeToo movement, shedding new light on sexual harassment in the heavily male-dominated corporate culture.
Categories: TECHNOLOGY NEWS

Mexico supreme court says competitors can use America Movil's network

1 hour 44 min ago
MEXICO CITY (Reuters) - Mexico's Supreme Court ruled on Wednesday that Mexican mogul Carlos Slim's America Movil must allow competitors to use its network and infrastructure, essentially holding up a 2014 telecoms reform.
Categories: TECHNOLOGY NEWS

British lawmakers launch inquiry into cryptocurrencies

6 hours 55 min ago
LONDON (Reuters) - Britain's cross-party Treasury Select Committee of lawmakers on Thursday said it is launching an inquiry into digital currencies, as well as the underlying distributed ledger technology.
Categories: TECHNOLOGY NEWS

U.S. arrests operator of shuttered bitcoin investment platform

Wed, 02/21/2018 - 23:43
(Reuters) - The operator of a shuttered bitcoin-denominated exchange was arrested on Wednesday on federal charges that he lied to U.S. securities regulators to avoid taking responsibility for the theft by hackers of virtual currency now worth nearly $70 million.
Categories: TECHNOLOGY NEWS

Twitter bars tactics used by 'bots' to spread false stories

Wed, 02/21/2018 - 22:55
SAN FRANCISCO (Reuters) - Twitter Inc said on Wednesday it would no longer allow people to post identical messages from multiple accounts, cracking down on a tactic that Russian agents and others have allegedly used to make tweets or topics go viral.
Categories: TECHNOLOGY NEWS

U.S. SEC calls for 'clearer' cyber risk disclosure from companies

Wed, 02/21/2018 - 22:29
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including potential weaknesses that have not yet been targeted by hackers.
Categories: TECHNOLOGY NEWS

SEC accuses former bitcoin stock exchange BitFunder of cheating users

Wed, 02/21/2018 - 21:59
(Reuters) - The Securities and Exchange Commission (SEC) on Wednesday accused former bitcoin-denominated platform BitFunder and its operator of running an unregistered securities exchange and defrauding its users.
Categories: TECHNOLOGY NEWS

Netflix, Amazon win new favor after Wall Street sell-off

Wed, 02/21/2018 - 21:55
SAN FRANCISCO (Reuters) - Netflix Inc, Amazon.com Inc and technology companies poised to benefit from U.S. corporate tax cuts are attracting fresh attention on Wall Street after their shares shrugged off recent market turbulence.
Categories: TECHNOLOGY NEWS

U.S. SEC updates guidance on cyber attack disclosure for companies

Wed, 02/21/2018 - 20:23
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including disclosing potential weaknesses that have not yet been targeted by hackers.
Categories: TECHNOLOGY NEWS

U.S. SEC publishes updated guidance on cyber breach disclosure

Wed, 02/21/2018 - 19:40
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission published on Wednesday updated guidance on how public companies should disclose cyber security risks and breaches.
Categories: TECHNOLOGY NEWS

Broadcom cuts Qualcomm offer to $117 billion after new NXP deal

Wed, 02/21/2018 - 19:29
(Reuters) - Microchipmaker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors.
Categories: TECHNOLOGY NEWS

Americans prefer bank branches over mobile apps for opening new accounts

Wed, 02/21/2018 - 19:06
NEW YORK (Reuters) - Mobile banking apps keep getting better, but 60 percent of Americans would still rather open a new checking account in person at a bank branch than on a phone, tablet or desktop computer, according to a new survey.
Categories: TECHNOLOGY NEWS

Snapchat promises update after users balk at redesign

Wed, 02/21/2018 - 18:56
(Reuters) - Snap Inc's Snapchat on Tuesday responded to a Change.org petition that asked for a reversal of the messaging app's latest redesign.
Categories: TECHNOLOGY NEWS

Apple in talks with miners to secure cobalt supplies: sources

Wed, 02/21/2018 - 18:53
LONDON (Reuters) - Apple Inc is talking to major cobalt producers to secure supplies of the material vital for the lithium-ion rechargeable batteries that power its mobile phones, three cobalt industry sources said.
Categories: TECHNOLOGY NEWS

Broadcom trims Qualcomm offer to $117 billion after new NXP deal

Wed, 02/21/2018 - 17:40
(Reuters) - Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV .
Categories: TECHNOLOGY NEWS

British bank RBS hires "digital human" Cora on probation

Wed, 02/21/2018 - 17:14
LONDON (Reuters) - A life-like avatar called Cora is being put through her paces by Royal Bank of Scotland, helping customers with basic queries and giving its digital banking drive a more human face.
Categories: TECHNOLOGY NEWS

Apple turns to miners to lock in cobalt supplies: Bloomberg

Wed, 02/21/2018 - 15:59
(Reuters) - Apple Inc is in talks to buy long-term supplies of cobalt, a silver-gray metal used in iPhone batteries, directly from miners, Bloomberg reported on Wednesday, citing sources.
Categories: TECHNOLOGY NEWS

Avis steers into crowded field for managing ride services fleets

Wed, 02/21/2018 - 15:53
DETROIT (Reuters) - When Avis Budget Group Inc reports its results on Wednesday, executives under pressure from restive shareholders will likely point to the potential for profits from managing fleets of vehicles for ride services and robo-taxi companies.
Categories: TECHNOLOGY NEWS

U.S. Intel plans $5 billion investment in Israeli plant: minister

Wed, 02/21/2018 - 14:59
JERUSALEM (Reuters) - Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmaker.
Categories: TECHNOLOGY NEWS

Broadcom cuts Qualcomm bid to $117 billion

Wed, 02/21/2018 - 14:57
(Reuters) - Broadcom Corp on Wednesday fired its latest salvo against Qualcomm Inc by lowering its takeover offer to $117 billion from $121 billion, a day after the U.S. chipmaker increased its own offer for NXP Semiconductors NV .
Categories: TECHNOLOGY NEWS

Public transit app Moovit raises $50 million in round led by Intel

Wed, 02/21/2018 - 14:38
TEL AVIV (Reuters) - Public transit app Moovit said on Wednesday it raised $50 million in an investment round led by Intel Capital, bringing its total raised to date to $133 million.
Categories: TECHNOLOGY NEWS

Nokia sees no path for 'struggling' digital health business: memo

Wed, 02/21/2018 - 14:36
HELSINKI (Reuters) - Nokia does not see meaningful potential for its "struggling" digital health business which includes activity trackers and smartwatches, according to an internal memo seen by Reuters on Wednesday.
Categories: TECHNOLOGY NEWS

Broadcom cuts Qualcomm bid by $3 per share

Wed, 02/21/2018 - 14:32
(Reuters) - Broadcom Corp has lowered its takeover offer for chipmaker Qualcomm Inc to $79 per share from $82 to account for the latter's increased offer for NXP Semiconductors NV, Broadcom said on Wednesday.
Categories: TECHNOLOGY NEWS

Intel plans $5 billion investment in Israel by 2020: minister

Wed, 02/21/2018 - 13:21
JERUSALEM (Reuters) - Chipmaker Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in Israel in the next three years, Israeli Economy Minister Eli Cohen said on Wednesday.
Categories: TECHNOLOGY NEWS

Daimler to start serial production of eActros truck in 2021

Wed, 02/21/2018 - 11:41
STUTTGART (Reuters) - Daimler said on Wednesday it aims to start serial production of an electric heavy truck with a range of 200 km (124 miles) in 2021, Daimler Trucks chief Martin Daum said.
Categories: TECHNOLOGY NEWS

Temenos agrees to 1.4 billion pounds deal for Fidessa, activist Elliott enters

Wed, 02/21/2018 - 10:16
ZURICH (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.
Categories: TECHNOLOGY NEWS

Bitcoins for free? Japanese cryptocurrency exchange lands in hot water again

Wed, 02/21/2018 - 10:11
TOKYO (Reuters) - A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free - though none were able to profit from the mistake.
Categories: TECHNOLOGY NEWS

Temenos agrees 1.4 billion pounds deal for Fidessa, activist Elliott enters

Wed, 02/21/2018 - 10:07
ZURICH (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.
Categories: TECHNOLOGY NEWS

Apple in talks to buy cobalt directly from miners: Bloomberg

Wed, 02/21/2018 - 08:08
(Reuters) - Apple Inc is in talks to buy long-term supplies of cobalt for iPhone batteries directly from miners, Bloomberg reported on Wednesday, citing sources.
Categories: TECHNOLOGY NEWS

Temenos agrees 1.4 billion pounds deal to buy British software house Fidessa

Wed, 02/21/2018 - 07:55
ZURICH (Reuters) - Swiss banking software company Temenos on Wednesday said it has agreed with the board of Fidessa Group to buy the British financial software company for about 1.4 billion pounds ($1.96 billion).
Categories: TECHNOLOGY NEWS

Human rights groups say Mexico not investigating spyware claims

Wed, 02/21/2018 - 06:12
MEXICO CITY (Reuters) - A group of human and digital rights activists said on Tuesday that the Mexican government had failed to properly investigate allegations their smartphones were infected with spying software. They have asked for an independent investigation.
Categories: TECHNOLOGY NEWS

Bahrain's sovereign fund in talks to invest in SoftBank's Vision Fund: CEO

Wed, 02/21/2018 - 05:59
MANAMA (Reuters) - Bahrain's sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group's private equity fund that aims to target the technology sector, its chief executive said.
Categories: TECHNOLOGY NEWS

Zero yen: Japanese cryptocurrency exchange briefly trips up trade

Wed, 02/21/2018 - 05:53
TOKYO (Reuters) - A Japanese cryptocurrency exchange undergoing checks by regulators has said a system failure let investors briefly trade a digital currency for zero yen, highlighting security concerns about such assets after last month's cyber heist at Coincheck Inc.
Categories: TECHNOLOGY NEWS

South Korea regulator flags better deal for cryptocurrency industry

Wed, 02/21/2018 - 05:13
SEOUL (Reuters) - A better deal for South Korea's cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.
Categories: TECHNOLOGY NEWS

Venezuela says launch of 'petro' cryptocurrency raised $735 million

Wed, 02/21/2018 - 03:12
CARACAS (Reuters) - President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's “petro” cryptocurrency, aimed at pulling the country out of an economic tailspin.
Categories: TECHNOLOGY NEWS

South Korea's cryptocurrency industry welcomes regulator's dramatic change of heart

Wed, 02/21/2018 - 03:05
SEOUL (Reuters) - South Korea's cryptocurrency industry is anticipating much better times as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.
Categories: TECHNOLOGY NEWS

Artificial intelligence poses risks of misuse by hackers, researchers say

Wed, 02/21/2018 - 01:57
FRANKFURT (Reuters) - Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns.
Categories: TECHNOLOGY NEWS

Computer shops embrace lucrative business: outfitting cryptocurrency miners

Wed, 02/21/2018 - 01:32
HONG KONG/SINGAPORE (Reuters) - Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology: cryptocurrency mining rigs.
Categories: TECHNOLOGY NEWS

Sessions forms U.S. cyber task force after election warnings

Tue, 02/20/2018 - 23:59
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Tuesday announced he would create a task force to examine how his Justice Department can better combat global cyber threats, including efforts to interfere with elections or damage critical infrastructure.
Categories: TECHNOLOGY NEWS

FCC reversal of net neutrality rules expected to be published Thursday: sources

Tue, 02/20/2018 - 22:26
WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected to publish on Thursday its December order overturning the landmark Obama-era net neutrality rules, two sources briefed on the matter said Tuesday.
Categories: TECHNOLOGY NEWS

U.S. Attorney General Sessions forms cyber task force to probe election meddling

Tue, 02/20/2018 - 22:06
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions has ordered the creation of a task force to examine how his Justice Department can better combat a wide cross-section of global cyber threats, including efforts to interfere with elections or damage critical infrastructure.
Categories: TECHNOLOGY NEWS

Justice Department forms cyber task force to probe election meddling

Tue, 02/20/2018 - 21:49
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions has ordered the creation of a task force to look at how the Justice Department is fighting the global cyber threat including election interference and to issue a report on its findings by the end of June, the department said on Tuesday.
Categories: TECHNOLOGY NEWS

Bitcoin nearly doubles in value from year's low hit in early February

Tue, 02/20/2018 - 21:06
NEW YORK (Reuters) - Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea's financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges.
Categories: TECHNOLOGY NEWS

ING says cryptocurrency exchange Bitfinex has an account with it

Tue, 02/20/2018 - 20:23
AMSTERDAM (Reuters) - Dutch financial services company ING on Tuesday confirmed that Bitfinex, one of the largest exchanges for trading in cryptocurrencies such as Bitcoin, has a bank account with it in the Netherlands.
Categories: TECHNOLOGY NEWS

Amazon credit card adds Whole Foods to 5 percent cash back offer

Tue, 02/20/2018 - 19:57
LOS ANGELES (Reuters) - Amazon.com Inc on Tuesday extended its 5 percent cash back benefit for Prime service subscribers to shoppers at its newly acquired Whole Foods Market grocery chain.
Categories: TECHNOLOGY NEWS

Qualcomm deals blow to Broadcom's bid with sweetened NXP deal

Tue, 02/20/2018 - 18:57
(Reuters) - U.S. semiconductor company Qualcomm Inc on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV , its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd .
Categories: TECHNOLOGY NEWS

Lesser-known North Korea cyber-spy group goes international: report

Tue, 02/20/2018 - 17:52
FRANKFURT (Reuters) - A North Korean cyber espionage group previously known only for targeting South Korea's government and private sector deepened its sophistication and hit further afield including in Japan and the Middle East in 2017, security researchers said on Tuesday.
Categories: TECHNOLOGY NEWS

Xerox shareholders Icahn, Deason urge company to sell itself to rivals

Tue, 02/20/2018 - 15:56
(Reuters) - Xerox Corp shareholders Carl Icahn and Darwin Deason said on Tuesday the U.S. company should seek to sell itself to one of its rivals or a private equity firm.
Categories: TECHNOLOGY NEWS

Medtronic quarterly revenue beats, margins disappoint

Tue, 02/20/2018 - 15:44
(Reuters) - Medical device maker Medtronic Plc's quarterly revenue beat analysts' expectations as new product launches drove sales across its business units, but weaker-than-expected margins clouded the earnings report.
Categories: TECHNOLOGY NEWS

Indian software services sector to grow 7-9 percent in FY19 - lobby group

Tue, 02/20/2018 - 15:31
HYDERABAD, India (Reuters) - India's software services exports will see revenue growth of 7-9 percent in constant currency terms in the fiscal year to March 2019, a leading lobby group forecast on Tuesday, as the industry continues to recover from what has been a tough year.
Categories: TECHNOLOGY NEWS

Qualcomm gets hedge fund nod with raised offer for NXP

Tue, 02/20/2018 - 14:31
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it has the backing of the shareholder group led by hedge fund Elliott Management that opposed its previous proposal.
Categories: TECHNOLOGY NEWS

Spain's Balearic Islands to fine Airbnb 300,000 euros for illegal rentals

Tue, 02/20/2018 - 13:31
MADRID (Reuters) - Spain's Balearic Islands is fining flat-sharing and rental service Airbnb 300,000 euros ($370,140) for advertising unregistered homes in Mallorca on its web site, the regional government said on Tuesday.
Categories: TECHNOLOGY NEWS

Qualcomm raises offer for NXP, Elliott backs new bid

Tue, 02/20/2018 - 13:28
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal.
Categories: TECHNOLOGY NEWS

Medtronic quarterly profit meets expectations

Tue, 02/20/2018 - 13:19
(Reuters) - Largest U.S. standalone medical device maker Medtronic Plc reported a third-quarter profit in-line with analysts' estimates, as sales across all its units, except the minimally invasive therapies business, grew.
Categories: TECHNOLOGY NEWS

Medtronic posts loss due to $2.2 billion U.S. tax law charge

Tue, 02/20/2018 - 13:07
(Reuters) - Medtronic Plc reported a third-quarter loss on Tuesday, compared with a year-ago profit, hurt by a $2.2 billion charge related to recent changes in U.S. tax laws.
Categories: TECHNOLOGY NEWS

Qualcomm raises offer for NXP to $127.50/share

Tue, 02/20/2018 - 12:50
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp.
Categories: TECHNOLOGY NEWS

Qualcomm to raise offer to buy NXP: WSJ

Tue, 02/20/2018 - 12:10
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp, the Wall Street Journal reported, citing people familiar with the matter.
Categories: TECHNOLOGY NEWS

Brazilian rule changes may allow telecoms firms to unload assets

Tue, 02/20/2018 - 12:08
SAO PAULO/BRASILIA (Reuters) - Brazil's major telecoms operators stand to free up hundreds of millions of dollars to invest in technologies like 4G and broadband by unloading unwanted assets, as a push by the sector to overhaul decades-old rules shows signs of paying off.
Categories: TECHNOLOGY NEWS

Japan's cryptocurrency exchanges to form new self-regulating body: sources

Tue, 02/20/2018 - 11:32
TOKYO (Reuters) - Sixteen Japanese cryptocurrency exchanges will fix plans as early as next week to create a self-regulating body in a bid to better safeguard investors after a $530 million digital money heist last month, two source familiar with the plan said.
Categories: TECHNOLOGY NEWS

Language app Babbel translates European success to U.S. market

Tue, 02/20/2018 - 10:29
BERLIN (Reuters) - It might seem a tall order to persuade people to spend as much to learn a language on their smartphone as it costs to subscribe to a music streaming or video-on-demand service.
Categories: TECHNOLOGY NEWS

Malaysian firm adds Islamic certification to cryptocurrency

Tue, 02/20/2018 - 07:44
SYDNEY (Reuters) - Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said.
Categories: TECHNOLOGY NEWS

Uber CEO sees commercialization of flying taxis in 5-10 years

Tue, 02/20/2018 - 07:33
TOKYO (Reuters) - Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years.
Categories: TECHNOLOGY NEWS

Adecco buys digital recruitment firm Vettery, price not disclosed

Tue, 02/20/2018 - 07:18
ZURICH (Reuters) - Staffing company Adecco said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment market.
Categories: TECHNOLOGY NEWS

Japan's Sony to form alliance to build taxi-hailing system

Tue, 02/20/2018 - 05:20
TOKYO (Reuters) - Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.
Categories: TECHNOLOGY NEWS

Samsung Electronics to slash OLED panel production as iPhone X demand disappoints: Nikkei

Tue, 02/20/2018 - 04:26
TOKYO (Reuters) - Samsung Electronics Co will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc's decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tuesday.
Categories: TECHNOLOGY NEWS

Japan's Sony to form alliance to build taxi-hailing system: Nikkei

Tue, 02/20/2018 - 04:16
TOKYO (Reuters) - Sony Corp looks set to become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system, the Nikkei newspaper reported.
Categories: TECHNOLOGY NEWS

Israeli visual aid company OrCam valued at $1 billion

Mon, 02/19/2018 - 23:24
JERUSALEM (Reuters) - Israel's OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at $1 billion, putting it on track for a planned initial public offering (IPO), its chief executive said on Tuesday.
Categories: TECHNOLOGY NEWS

Japan's Sony Corp to form alliance to build taxi-hailing system: Nikkei

Mon, 02/19/2018 - 23:20
(Reuters) - Japan's Sony Corp plans to form a joint venture to develop an artificial intelligence-based taxi-hailing system in Japan, the Nikkei Asian Review reported on Tuesday.
Categories: TECHNOLOGY NEWS

BoE's Carney says Bitcoin has 'pretty much failed' as currency

Mon, 02/19/2018 - 20:49
LONDON (Reuters) - Bitcoin has failed as a currency measured by the traditional benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday.
Categories: TECHNOLOGY NEWS

Uber drops opposition to London language test

Mon, 02/19/2018 - 18:47
LONDON (Reuters) - Taxi app Uber [UBER.UL] is dropping a legal appeal against the introduction of more stringent English language tests for drivers in London after the city's transport regulator said it would water down its stringent proposals.
Categories: TECHNOLOGY NEWS

U.N. chief urges global rules for cyber warfare

Mon, 02/19/2018 - 16:54
LISBON (Reuters) - U.N. Secretary General Antonio Guterres called on Monday for global rules to minimize the impact of electronic warfare on civilians as massive cyber attacks look likely to become the first salvoes in future wars.
Categories: TECHNOLOGY NEWS

Congress sets sights on federal cryptocurrency rules

Mon, 02/19/2018 - 13:28
WASHINGTON (Reuters) - Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters.
Categories: TECHNOLOGY NEWS

Russia looms large as U.S. election officials prep for 2018

Mon, 02/19/2018 - 13:21
WASHINGTON (Reuters) - Ten months before the United States votes in its first major election since the 2016 presidential contest, U.S. state election officials huddled in Washington this weekend to swap strategies on dealing with an uninvited guest: Russia.
Categories: TECHNOLOGY NEWS

India bank hack 'similar' to $81 million Bangladesh central bank heist

Mon, 02/19/2018 - 13:15
NEW DELHI (Reuters) - Hackers who tried to steal nearly $2 million from India's City Union Bank this month used tactics similar to those employed in the unsolved cyber heist of $81 million from Bangladesh's central bank in 2016, City's CEO said on Monday.
Categories: TECHNOLOGY NEWS

Singapore competition agency to look closer at Uber tie-up with ComfortDelGro

Mon, 02/19/2018 - 12:37
SINGAPORE (Reuters) - Singapore's competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state's top taxi operator, ComfortDelGro, and Uber [UBER.UL], after an initial review.
Categories: TECHNOLOGY NEWS

Alibaba, Tencent rally troops amid $10 billion retail battle

Mon, 02/19/2018 - 10:15
SHANGHAI (Reuters) - China's tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd , worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers' digital wallets.
Categories: TECHNOLOGY NEWS

India's Reliance, global tech firms to invest $9.3 billion in industrial area

Sun, 02/18/2018 - 17:30
MUMBAI (Reuters) - India's Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of Maharashtra, the company's chairman Mukesh Ambani said.
Categories: TECHNOLOGY NEWS

Software may have helped Daimler pass U.S. emissions tests: report

Sun, 02/18/2018 - 10:29
BERLIN (Reuters) - U.S. investigators probing Mercedes maker Daimler have found that its cars were equipped with software which may have help them to pass diesel emissions tests, a German newspaper reported on Sunday, citing confidential documents.
Categories: TECHNOLOGY NEWS

India's City Union Bank CEO says suffered cyber hack via SWIFT system

Sun, 02/18/2018 - 10:11
MUMBAI (Reuters) - India's City Union Bank said on Sunday that "cyber criminals" had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform.
Categories: TECHNOLOGY NEWS

Careem acquires Middle East online restaurant listing platform, to trial food delivery

Sun, 02/18/2018 - 06:01
DUBAI (Reuters) - Careem, a Middle East competitor to Uber Technologies [UBER.UL], said on Sunday it had acquired RoundMenu and would start trialing food delivery services through the restaurant listing and reservation online platform this month.
Categories: TECHNOLOGY NEWS

Facebook plans to use U.S. mail to verify IDs of election ad buyers

Sat, 02/17/2018 - 21:53
WASHINGTON (Reuters) - Facebook Inc will start using postcards sent by U.S. mail later this year to verify the identities and location of people who want to purchase U.S. election-related advertising on its site, a senior company executive said on Saturday.
Categories: TECHNOLOGY NEWS

Proxy advisory firm ISS says Qualcomm should negotiate sale to Broadcom

Sat, 02/17/2018 - 21:41
(Reuters) - U.S. semiconductor company Qualcomm Inc should try to negotiate a sale to Broadcom Ltd following the latter's sweetened $121 billion offer, proxy advisory firm Institutional Shareholder Services Inc (ISS) said.
Categories: TECHNOLOGY NEWS

Facebook faces big challenge to prevent future U.S. election meddling

Sat, 02/17/2018 - 02:13
SAN FRANCISCO/WASHINGTON (Reuters) - The Russian influence operation designed to tamper with the 2016 U.S. presidential election used a combination of old-school espionage tactics and 21st-century technologies that will not be easy to stop, even now that the methods have been exposed, experts said.
Categories: TECHNOLOGY NEWS

Venezuela cryptocurrency to draw investment from Turkey, Qatar: official

Fri, 02/16/2018 - 19:49
CARACAS (Reuters) - Venezuela's new "petro" cryptocurrency will attract investment from Turkey, Qatar, the United States and Europe, the country's cryptocurrency regulator, Carlos Vargas, told reporters on Friday.
Categories: TECHNOLOGY NEWS

Uber plans to sell Southeast Asia business to Grab: CNBC

Fri, 02/16/2018 - 18:59
(Reuters) - Uber Technologies [UBER.UL] is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake in the company, CNBC reported, citing two sources familiar with the matter.
Categories: TECHNOLOGY NEWS

Facebook loses Belgian privacy case, faces fine of up to $125 million

Fri, 02/16/2018 - 18:50
BRUSSELS (Reuters) - A Belgian court threatened Facebook on Friday with a fine of up to 100 million euros ($125 million) if it continued to break privacy laws by tracking people on third-party websites.
Categories: TECHNOLOGY NEWS

Malicious cyber activity cost U.S. up to $109 billion in 2016: White House report

Fri, 02/16/2018 - 18:28
WASHINGTON (Reuters) - Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House Council of Economic Advisers estimated in a report on Friday.
Categories: TECHNOLOGY NEWS

Takata has resolved most objections to its U.S. bankruptcy: lawyer

Fri, 02/16/2018 - 18:25
WILMINGTON, Del (Reuters) - A lawyer for Takata Corp's U.S. business, bankrupted by a recall of faulty air bags, indicated on Friday that the company is on the verge of receiving court approval for its reorganization and $1.6 billion sale of its non-air bag businesses.
Categories: TECHNOLOGY NEWS

Malicious cyber activity cost U.S. economy $57 billion - $109 billion in 2016: White House report

Fri, 02/16/2018 - 18:17
WASHINGTON (Reuters) - A White House report estimated on Friday that malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016.
Categories: TECHNOLOGY NEWS

Intel hit with 32 lawsuits over security flaws

Fri, 02/16/2018 - 17:21
(Reuters) - Intel Corp said on Friday shareholders and customers had filed 32 class action lawsuits against the company in connection with recently-disclosed security flaws in its microchips.
Categories: TECHNOLOGY NEWS

WhatsApp to go ahead with 'full feature' money transfer service in India

Fri, 02/16/2018 - 16:49
MUMBAI (Reuters) - WhatsApp will launch a "full feature" inter-bank money transfer service in India, its biggest market, after a test involving a million users, National Payments Corp of India said.
Categories: TECHNOLOGY NEWS

Facebook loses Belgian privacy case, faces fine up to $125 million

Fri, 02/16/2018 - 15:58
BRUSSELS (Reuters) - A Belgian court threatened Facebook with a fine of up to 100 million euros ($125 million) if it continued to break privacy laws by tracking people on third party websites.
Categories: TECHNOLOGY NEWS

Intel says 32 lawsuits filed against company over security flaws

Fri, 02/16/2018 - 15:43
(Reuters) - Intel Corp said on Friday 32 class action lawsuits had been filed against the company in connection with the recently disclosed security flaws in its chips.
Categories: TECHNOLOGY NEWS

Uber introduces new safety features as it fights to retain London license

Fri, 02/16/2018 - 14:10
LONDON (Reuters) - Taxi service Uber, battling to retain its license to operate in the British capital, said on Friday it would introduce new safety features, including 24-hour telephone support for riders and drivers.
Categories: TECHNOLOGY NEWS

Swiss watchdog to treat some coin offerings as securities

Fri, 02/16/2018 - 12:00
ZURICH (Reuters) - Switzerland's financial watchdog will regulate some digital currency fundraisers, known as initial coin offerings (ICOs), either under anti-money laundering laws or as securities, it said on Friday.
Categories: TECHNOLOGY NEWS

Swiss watchdog says to regulate some ICOs as securities

Fri, 02/16/2018 - 11:31
ZURICH (Reuters) - Switzerland's financial supervisor on Friday said it would regulate some digital currency fundraisers, known as initial coin offerings (ICOs), either under anti-money laundering laws or as securities.
Categories: TECHNOLOGY NEWS

Hackers stole $6 million from Russian bank via SWIFT system: central bank

Fri, 02/16/2018 - 11:23
MAGNITOGORSK, Russia (Reuters) - Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday.
Categories: TECHNOLOGY NEWS

Exclusive: Walmart in talks to buy more than 40 percent of India's Flipkart - sources

Fri, 02/16/2018 - 11:05
MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.
Categories: TECHNOLOGY NEWS

Walmart in talks to buy more than 40 percent of India's Flipkart: sources

Fri, 02/16/2018 - 10:56
MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.
Categories: TECHNOLOGY NEWS

Exclusive: Walmart in talks to buy more than 40 percent of India's Flipkart - sources

Fri, 02/16/2018 - 09:12
MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.
Categories: TECHNOLOGY NEWS

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