Thursday, March 31, 2016

Huawei posts strongest revenue growth in seven years

HONG KONG/BEIJING (Reuters) - China's Huawei Technologies Co Ltd [HWT.UL] on Friday posted its biggest annual revenue growth since 2008, boosted by China's adoption of fourth-generation (4G) mobile technology and strong sales of smartphone worldwide.


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Exclusive: Uber will use Progressive Insurance to cover Texas drivers

(Reuters) - Uber Technologies Inc [UBER.UL] will use Progressive Insurance to provide coverage for drivers in Texas beginning on Friday, in a pilot that could lead the ride-hailing market leader to diversify its U.S. insurance purchasing from its current sole provider, Uber and Progressive executives told Reuters.











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Security vulnerabilities found in U.S. visa database: ABC News

(Reuters) - Cyber security experts have found vulnerabilities in a U.S. State Department system that could have allowed hackers to alter visa applications or steal data from the more than half-billion records on file, ABC News reported, citing sources familiar with the matter.


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Reddit deletes surveillance 'warrant canary' in transparency report

WASHINGTON (Reuters) - Social networking forum reddit on Thursday removed a section from its site used to tacitly inform users it had never received a certain type of U.S. government surveillance request, suggesting the platform is now being asked to hand over customer data under a secretive law enforcement authority.











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Uber CEO must face price-fixing lawsuit by passengers: U.S. judge

NEW YORK (Reuters) - Travis Kalanick, chief executive officer of Uber Technologies Inc, failed on Thursday to win the dismissal of an antitrust lawsuit accusing him of scheming to drive up prices for passengers who use the popular ride-sharing service.


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Final Fantasy XV game information unveiled

LOS ANGELES - Japan's Square Enix unveiled details surrounding its much anticipated console game "Final Fantasy XV" to thousands of fans -- some wearing fancy dress -- at the Shrine Auditorium in Los Angeles on Wednesday.


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FCC won't investigate Netflix throttling of some mobile consumers

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission said on Thursday that video provider Netflix did not violate any U.S. regulations when it "throttled" the picture quality for AT&T and Verizon wireless customers and it has no plans to investigate.











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Microsoft looking to support ad blockers in Edge web browser

(Reuters) - Microsoft Corp said on Thursday it was working on bringing ad blocker support through third-party extensions into the next version of its Edge web browser.











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Global smartphone market growth to be lowest ever in 2016: Gartner

(Reuters) - Global smartphone sales are expected to grow in single digits in percentage terms for the first time ever and PC shipments are forecast to decline in 2016, according to research firm Gartner Inc.


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U.S. FCC expected to impose $2 billion budget cap on low-income subsidy

(Reuters) - The U.S. Federal Communications Commission is expected to approve a $2 billion a year budget cap as part of an expansion of a subsidy for low-income Americans for phone and internet services, two sources briefed on the talks said.


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Microsoft details subscriber growth in cloud

SAN FRANCISCO (Reuters) - Microsoft’s Azure cloud business is adding business customer and developer subscribers at a rapid pace, a senior company executive told a developer conference on Thursday.











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Sri Lankan in Bangladesh cyber heist says she was set up by friend

COLOMBO (Reuters) - When Hagoda Gamage Shalika Perera, a small Sri Lankan businesswoman, got a deposit of $20 million in her account last month, she said the funds were expected but had no idea they were stolen from Bangladesh's central bank in one of the largest cyber heists in history.


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Where's the lane? Self-driving cars confused by shabby U.S. roadways

LOS ANGELES (Reuters) - Volvo's North American CEO, Lex Kerssemakers, lost his cool as the automaker's semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show.


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Foxconn's $3.5 billion bet to keep up with Apple

SEOUL (Reuters) - With its acquisition of Japan's Sharp Corp , Foxconn aims to gain access to promising technology for high-end OLED screens likely to be used in future devices from Apple Inc , the electronics assembler's biggest customer.











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Chinese AI team plans to challenge Google's AlphaGo: state media

BEIJING (Reuters) - A team from China plans to challenge Google's AlphaGo, the artificial intelligence (AI) program that beat a world-class player in the ancient board game Go, the state-owned Shanghai Securities News reported on Thursday.


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World of Tanks shows Belarus potential beyond Soviet-era farms

MINSK (Reuters) - World of Tanks, one of the five most popular PC video games in Europe and the United States with 100 million players joining virtual battles in World War II-era tanks, started in a kitchen in the capital of Belarus.











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Wednesday, March 30, 2016

Senator Wyden pledges to fight limits on encryption

SAN FRANCISCO (Reuters) - U.S. Senator Ron Wyden pledged on Wednesday to fight legislation expected shortly in Congress that would limit encryption protection in American technology products.


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When mobsters meet hackers - the new, improved bank heist

(Reuters) - No need for stocking masks and sawn-off shotguns.











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FBI's secret method of unlocking iPhone may never reach Apple

WASHINGTON (Reuters) - The FBI may be allowed to withhold information about how it broke into an iPhone belonging to a gunman in the December San Bernardino shootings, despite a U.S. government policy of disclosing technology security flaws discovered by federal agencies.


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Yahoo to allow proxy access for board nominations

(Reuters) - Yahoo Inc will allow investors who have held stake of at least 3 percent in the struggling Internet company for a minimum of three years to nominate directors to its board.











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U.S. arrests oil industry networking site creator over hacks

NEW YORK (Reuters) - The founder of an oil and gas networking website was arrested on Wednesday on charges that he hacked and stole information from a rival site he had created and sold to DHI Group Inc, the Federal Bureau of Investigation said.











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After iPhone unlocking, Americans should still expect privacy: White House

WASHINGTON (Reuters) - The American people should "absolutely" still have confidence in their personal privacy despite the government's success in unlocking an Apple iPhone belonging to a shooter in the San Bernardino, California, killings, the White House said on Wednesday.











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Pentagon looks at future use of drones to assist manned aircraft

WASHINGTON (Reuters) - The Pentagon is examining how it might use unmanned craft in the future to accompany piloted battlecraft, likely starting with drones that would fly alongside manned aircraft, a senior Pentagon official said on Wednesday.


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Microsoft's Windows 10 reaches 270 million users, no mobile numbers

SAN FRANCISCO (Reuters) - The latest version of Microsoft Corp's Windows operating system has 270 million active users eight months after launch, the world's largest software company said on Wednesday.


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Cyber insurance rates fall with lull in major hacks

(Reuters) - A lull in high-profile data breaches prompted insurers to cut cyber insurance rates for high-risk businesses such as retailers and healthcare companies during the first three months of this year, according to insurance industry brokers.


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Apple, Google routinely asked to help government access devices - ACLU

SAN FRANCISCO (Reuters) - The American Civil Liberties Union on Wednesday said it had identified 63 cases across the U.S. in which the federal government asked for a court order compelling Apple Inc or Google to help access devices seized during investigations.


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With Galaxy S7, Samsung seen rediscovering its mobile mojo

SEOUL (Reuters) - Early indications of stronger-than-expected sales of new Galaxy S7 smartphones suggest technology giant Samsung Electronics Co Ltd is emerging from a two-year decline at its flagship mobile business.











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Fidelity boosted estimated value of Snapchat by 62 percent in February

BOSTON (Reuters) - Fidelity Investments boosted its estimated value of free mobile messaging app Snapchat by 62 percent in February, despite recent concerns the company is struggling to gain traction with advertisers.


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China rejects worry over web rules that could cut access to foreign sites

BEIJING (Reuters) - China's technology regulator has rejected criticism of proposed Internet rules that could block access to foreign websites, saying there was misunderstanding about what some people see as a way to tighten control over cyberspace.











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Amazon says home services orders grew 20 percent per month since launch

SAN FRANCISCO (Reuters) - Amazon.com Inc said on Wednesday customer orders for home services like plumbing and mounting TVs had increased 20 percent per month on average since the online retailer launched the platform last year.











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3Peak sees chip output jump on deal with Israel's TowerJazz

JERUSALEM (Reuters) - Chinese chipmaker 3Peak expects a sharp increase in integrated circuit (IC) shipments this year due as it expands its manufacturing output to a plant in Japan through an extension of its collaboration with Israel's TowerJazz.


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Swiss banks, retailers explore joint mobile payments platform

ZURICH (Reuters) - Switzerland's five biggest banks are discussing with top retailers a joint mobile payments platform for the country, the partners said on Wednesday.


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Toshiba to book $800 million in April-June on sale of white goods business

TOKYO (Reuters) - Toshiba Corp said on Wednesday it would book a pretax profit of 90 billion yen ($801.7 million) for its first quarter ending June, on the sale of its while good business to China's Midea Group Co Ltd.











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Tuesday, March 29, 2016

Foxconn to agree on Sharp takeover after slashing original offer

TOKYO/TAIPEI (Reuters) - Taiwan's Foxconn is set to agree on Wednesday to acquire Sharp Corp , gaining a big discount to its original offer after a month of wrangling about potential liabilities that sowed more doubt about whether the two firms will be able to work well together.











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Uber returns to Spanish streets in search of regulatory U-turn

MADRID (Reuters) - Uber will be back in Spain from Wednesday, after regulation and hostility from local taxi firms drove it off the streets at the end of 2014.


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Amazon agrees to pay fine for wage law violation by contractor

(Reuters) - Amazon.com Inc agreed to pay over $80,000 in dues and fines after a delivery contractor of the online retailer failed to pay employee wages, Massachusetts' attorney general said.


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FCC begins first phase of airwaves auction

WASHINGTON/NEW YORK (Reuters) - The U.S. Federal Communications Commission on Tuesday kicked off an auction of low-frequency spectrum relinquished by television broadcasters to wireless companies and other bidders that are seeking new airwaves to build and improve wireless networks.











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Washington's MedStar computers down for second day after virus

(Reuters) - MedStar Health's computer systems remained offline on Tuesday for the second straight day as the non-profit, one of the biggest medical service providers in the U.S. capital region, worked to stem the spread of a virus and restore its network.


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India approves foreign investment in e-commerce sector

MUMBAI (Reuters) - India on Tuesday approved 100 percent foreign investment in marketplace e-commerce companies, formalizing rules for the first time for the multi-billion dollar sector.


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Moody's forecasts U.S. adoption of self-driving cars 'several decades' away

WASHINGTON (Reuters) - Near-universal adoption of self-driving cars in the United States is likely by around 2055 and poses a long-term threat to auto insurance companies, Moody's Investors Service said in a research report released Tuesday.


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Casino agent in Philippines says high-rollers brought in heist money

MANILA (Reuters) - A Chinese junket operator in Manila said on Tuesday that two high-rollers from Beijing and Macau were responsible for bringing $81 million stolen by hackers from Bangladesh's central bank into the Philippines.


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Gameloft founding family may increase stake, CEO tells Le Monde

PARIS (Reuters) - Gameloft 's founding Guillemot family could further increase its stake in the mobile video games maker to fend off an unsolicited tender offer by French media giant Vivendi , Chief Executive Officer Michel Guillemot said in an interview with Le Monde.











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Total triples power of supercomputer in search for savings

PARIS (Reuters) - Total has tripled the power of its Pangea supercomputer, making it one of the world's most powerful and helping the French oil and gas company to speed up exploration studies and cut costs amid low oil prices.


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Telefonica boss Alierta steps down, replaced by deputy

MADRID (Reuters) - Spain's Telefonica chairman Cesar Alierta will step down after 16 years and be replaced by his deputy Jose Maria Alvarez-Pallete, the company said on Tuesday, seeking to open a new era of digital growth.











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Amaya CEO Baazov goes on indefinite leave

(Reuters) - Amaya Inc Chief Executive David Baazov was taking an indefinite paid leave of absence, the Canadian gambling website operator said, a week after Baazov was charged with insider trading by Quebec's securities regulator.











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Global majority backs a ban on 'dark net,' poll says

TORONTO (Reuters) - Seven in 10 people say the "dark net" - an anonymous online home to both criminals and activists fearful of government surveillance - should be shut down, according to a global Ipsos poll released on Tuesday.











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SAP awards hefty option boost to executives, plans 5 percent dividend rise

FRANKFURT (Reuters) - Business planning software giant SAP raised the long-term stock options awarded to senior executives in 2015 while the company's board recommended a 5 percent rise in its annual dividend, according to company documents published on Tuesday.


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Monday, March 28, 2016

Yahoo sets April 11 deadline for preliminary bids: WSJ

(Reuters) - Yahoo Inc has set an April 11 deadline to submit preliminary bids for its web business and Asian assets, The Wall Street Journal reported on Monday, citing sources.


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U.S. drops legal action against Apple over encrypted iPhone

SAN FRANCISCO (Reuters) - The U.S. Justice Department said it successfully accessed data stored on an encrypted iPhone used by one of the San Bernardino shooters and asked a court to withdraw an order compelling Apple to assist, according to a court filing on Monday.











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Washington's MedStar Health shuts down computers after virus

(Reuters) - MedStar Health, one of the biggest medical providers in the Washington, D.C., area, said on Monday it shut down some computer systems after discovering a computer virus.


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Facebook's Oculus starts shipping Rift virtual reality headset

(Reuters) - Virtual reality company Oculus started shipping its highly awaited Rift headsets from Monday, about two years after the company was acquired by social media giant Facebook Inc .











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FBI wants U.S. businesses to help as cyber extortion gains urgency

(Reuters) - The FBI is asking businesses and software security experts for emergency assistance in its investigation into a pernicious new type of "ransomware" virus used by hackers for extortion.


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U.S. gives antitrust approval to GM's purchase of Cruise Automation

(Reuters) - General Motors Co has won U.S. antitrust approval for the purchase of Silicon Valley startup Cruise Automation Inc, the Federal Trade Commission said on Monday.











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Pandora founder Westergren comes back as CEO

(Reuters) - Online music streaming service Pandora Media Inc appointed founder Tim Westergren as its chief executive officer to replace Brian McAndrews.











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Taiwan's TSMC signs deal to build $3 billion wafer plant in China

TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's top contract chip maker, said on Monday it has signed an agreement with the Nanjing City Government to invest $3 billion building an advanced wafer manufacturing facility in China.











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Dell nears sale of IT services unit to Japan's NTT Data: sources

(Reuters) - Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division to Japan's NTT Data Corp for $3.5 billion, people familiar with the matter said on Sunday.


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Sunday, March 27, 2016

Facebook stumbles again with 'Safety Check' after Lahore blast

(Reuters) - Facebook Inc apologized to users on the other side of the world from Sunday's suicide bombing in Pakistan who received computer-addressed notices asking if they were safe.











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Japan looks to kickstart 'fintech' revolution

TOKYO (Reuters) - A laggard in embracing the 'fintech', or financial technology, revolution, Japan is set to ease investment restrictions that could free up the flow of capital in an economy sitting on an estimated $9 trillion in individuals' cash deposits.


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Saturday, March 26, 2016

(EN) SteamBroker

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Microsoft meets with private equity over Yahoo deal

Healdsburg, CALIFORNIA (Reuters) - Microsoft Corp executives are in early talks with potential Yahoo Inc investors about contributing to financing to buy the troubled Internet company, a person familiar with the situation said.


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Friday, March 25, 2016

Sharp, Foxconn to sign deal next week: sources

TOKYO (Reuters) - Sharp Corp and Taiwan's Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two sources familiar with the talks said on Saturday.











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Amazon plans two-hour delivery in Berlin -Welt

FRANKFURT (Reuters) - Amazon is preparing to launch a two-hour delivery service in Berlin, German newspaper Welt reported on Saturday, citing Berlin transport sources.


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Microsoft apologizes for offensive tirade by its 'chatbot'

LOS ANGELES (Reuters) - Microsoft is "deeply sorry" for the racist and sexist Twitter messages generated by the so-called chatbot it launched this week, a company official wrote on Friday, after the artificial intelligence program went on an embarrassing tirade.


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Uber profits elsewhere support 'sustainable' spending in China: CEO

BOAO, China (Reuters) - Ride hailing app company Uber Technologies Inc [UBER.UL] is generating more than $1 billion in profit a year in its top 30 cities globally, and partly using that money to bankroll its expansion in China, Chief Executive Travis Kalanick said in an interview.











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U.S. attempt to unlock San Bernardino iPhone could impact N.Y. case: Apple

NEW YORK (Reuters) - Apple Inc said the U.S. Justice Department's new attempts to unlock an iPhone used by one of the San Bernardino shooters without the tech giant's help could eliminate the government's need for its assistance in a similar dispute in New York.


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Thursday, March 24, 2016

Sharp warns on earnings as takeover talks with Foxconn drag on

TOKYO (Reuters) - Sharp Corp said its annual earnings were likely to fall short of its official guidance citing a slowing China market, a factor that Taiwan's Foxconn is expected to use to lower its offer for the loss-making Japanese display maker.


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China hopes ZTE can be removed from U.S. export restriction list as soon as possible

SHANGHAI (Reuters) - China's commerce ministry said on Friday it hoped telecom equipment maker ZTE Corp could be removed as soon as possible from a U.S. list of companies slapped with tough export restrictions this month.


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Microsoft has told potential Yahoo bidders it might back bids - Recode

(Reuters) - Microsoft Corp executives have held meetings with equity firms that are considering bids for Yahoo Inc and told them that Microsoft might be willing to offer "significant financing" for their efforts, Recode reported on Thursday.


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Microsoft's AI Twitter bot goes dark after racist, sexist tweets

(Reuters) - Tay, Microsoft Corp's so-called chatbot that uses artificial intelligence to engage with millennials on Twitter, lasted less than a day before it was hobbled by a barrage of racist and sexist comments by Twitter users that it parroted back to them.


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Netflix admits to downgrading video quality on AT&T, Verizon phones - WSJ

(Reuters) - Netflix Inc said it had been lowering the quality of its video for customers watching its service on wireless networks such as AT&T and Verizon Communications for more than five years, The Wall Street Journal reported on Thursday.











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Apple working with Will.i.am, TV execs on original show

(Reuters) - Apple Inc's widely anticipated first original television show will feature the app economy.


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Verizon says security breach leads to customer data leak

(Reuters) - Verizon Communications Inc said an attacker had exploited a security vulnerability on its enterprise client portal to steal contact information of a number of customers.











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U.S. judge questions Lyft settlement over driver benefits

SAN FRANCISCO (Reuters) - A U.S. judge questioned on Thursday whether a proposed class action settlement between Lyft and its California drivers is fair and raised concerns that the $12.25 million payment offered by the ride-hailing service might be too low.


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France fines Google over 'right to be forgotten'

BRUSSELS (Reuters) - The French data protection authority said it has fined Google 100,000 euros ($111,720) for not scrubbing web search results widely enough in response to a European privacy ruling.


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Starboard launches proxy fight to remove entire Yahoo board

(Reuters) - Activist hedge fund Starboard Value LP launched a proxy fight on Thursday to remove the entire board of Yahoo Inc , including Chief Executive Marissa Mayer, who has struggled to turn around the company in her nearly four years at the helm.











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U.S. officials hopeful they can unlock San Bernardino iPhone

WASHINGTON (Reuters) - U.S. officials said on Thursday that they are hopeful they will be able to unlock an iPhone used by one of the San Bernardino shooters without help from Apple Inc, but said the national debate over privacy and encryption must still be resolved.


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U.S., Germany eye ways to deepen cyber collaboration

WASHINGTON (Reuters) - Senior U.S. and German officials agreed this week to deepen their collaboration on a range of cyber issues, including working to promote norms for responsible state behavior in cyberspace and expanding training in developing countries.


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Apple shares are one reason hedge funds lag mutual funds in 2016

NEW YORK (Reuters) - Hedge funds may have taken too big a bite of Apple Inc.


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U.S. blames Iran for hacking dozens of banks, New York dam

WASHINGTON (Reuters) - The Obama administration on Thursday announced the indictment of seven Iranian hackers for a coordinated campaign of cyber attacks on dozens of U.S. banks and a New York dam from 2011 to 2013, signaling an effort by officials to more publicly confront cyber crime waged on behalf of foreign nations.











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TiVo in talks to be bought by Rovi: NYT

(Reuters) - Set-top box maker TiVo is in advanced talks to sell itself to digital entertainment guide provider Rovi Corp, the New York Times reported on Thursday, citing people briefed on the talks.


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Accenture raises revenue forecast after strong second quarter

(Reuters) - Accenture Plc raised its full-year net revenue forecast well above analysts' expectations and reported better-than-expected quarterly revenue and profit, led by strong growth in its consulting business, especially in North America.











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Chat app Line CEO says IPO still an option

URAYASU, Japan (Reuters) - The head of messaging app service operator Line Corp said on Thursday that it could still seek an initial public offering (IPO), although it put plans for a listing on hold in August.


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Indonesia tells Grab, Uber to partner with transport businesses to operate

JAKARTA (Reuters) - Ride-hailing apps Grab and Uber must partner with a transport business and register their cars by the end of May if they want to continue to operate in Southeast Asia's largest economy, a minister said on Thursday.











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Renault recalling 10,649 Zoe electric cars for brake hose checks

PARIS (Reuters) - Renault is recalling 10,649 Zoe electric cars to remove the potential risk of rupture to brake fluid hoses, a spokesman for the carmaker said on Thursday, confirming reports on specialist websites and BFM Business TV.


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Wednesday, March 23, 2016

World's biggest startup? Samsung Electronics to reform corporate culture

SEOUL (Reuters) - Samsung Electronics Co Ltd , the world's biggest maker of smartphones and memory chips, announced on Thursday that it plans to adopt a corporate culture akin to a startup, seeking to become more nimble as growth slows.











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Chinese national pleads guilty in U.S. to computer hacking conspiracy

SAN FRANCISCO (Reuters) - A businessman from China pleaded guilty on Wednesday to conspiring to hack into the computer networks of major U.S. defense contractors including Boeing Co , the U.S. Department of Justice said in a statement.











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Apple Pay coming to mobile websites later this year: Re/code

(Reuters) - Apple Inc's mobile payments system, Apple Pay, is expanding into mobile websites later this year, technology website Re/code reported, citing sources.


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Panasonic to abandon 10 trillion yen 2019 sales target: Nikkei

(Reuters) - Japanese electronics maker Panasonic Corp will scrap its 10 trillion yen ($88.93 billion) group sales target for fiscal year ending March 2019 due to a cooling global business environment, the Nikkei reported.











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U.S. to charge Iranians in cyber attacks including New York dam: sources

WASHINGTON (Reuters) - The Obama administration is expected to blame Iranian hackers as soon as Thursday for a coordinated campaign of cyber attacks in 2012 and 2013 on a suburban New York City dam and several other targets, possibly including multiple U.S. banks, sources familiar with the matter have told Reuters.


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Amazon says its female workers paid equally as men

SAN FRANCISCO (Reuters) - Amazon.com Inc, under pressure from an activist shareholder to disclose its policies on gender pay equality, said on Wednesday its female employees earned as much as their male counterparts, according to a survey it recently conducted.











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Wireless mice leave billions at risk of computer hack: cyber security firm

San Francisco, CA (Reuters) - Marc Newlin and Balint Seeber are checking how far apart they can be while still being able to hack into each other's computers. It turns out its pretty far - 180 meters - the length of a city block in San Francisco. 


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Vietnam PM approves $300 million R&D investment by Samsung Electronics

HANOI (Reuters) - Vietnam's prime minister has approved a $300-million research and development project in Hanoi by Samsung Electronics Vietnam, a local unit of a South Korean giant that is the communist country's single biggest investor.











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Israeli firm helping FBI to open encrypted iPhone: report

TEL AVIV (Reuters) - Israel's Cellebrite, a provider of mobile forensic software, is helping the U.S. Federal Bureau of Investigation's attempt to unlock an iPhone used by one of the San Bernardino, California shooters, the Yedioth Ahronoth newspaper reported on Wednesday.


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Google's Android Pay to launch in UK in few months

(Reuters) - Alphabet Inc's Google unit said on Wednesday its one-touch payment app for Android devices, Android Pay, will be launching in the UK in the next few months.











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Alibaba-backed courier YTO Express to list via $2.7 billion reverse merger

SHANGHAI/SINGAPORE (Reuters) - Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China's e-commerce boom.











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Enel to invest around 2.5 billion euros in broadband rollout

MILAN (Reuters) - Italian utility Enel said on Wednesday it would invest around 2.5 billion euros ($2.8 billion) over time in its plans to help develop a national fibre-optic broadband network.


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Tuesday, March 22, 2016

U.S. grants China's ZTE temporary reprieve on export curbs

WASHINGTON (Reuters) - The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp a three-month reprieve on tough export restrictions it imposed earlier this month, the Commerce Department said on Tuesday.


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3-D printer, 'Gecko Grippers' head to space station

CAPE CANAVERAL, Fla. (Reuters) - A United Launch Alliance Atlas 5 rocket loaded with supplies and science experiments blasted off from Florida on Tuesday, boosting an Orbital ATK cargo capsule toward the International Space Station.











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Twitter testing new 'Stickers' feature: report

(Reuters) - Twitter Inc is testing a new feature called 'Stickers' to add images to photos before tweeting them, tech news site Re/code reported on Tuesday.











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Nintendo to stop production of Wii U videogames - Nikkei report

(Reuters) - Japanese videogame maker Nintendo Co Ltd will stop production of the Wii U video game console as early as this year after stagnant sales, Nikkei reported on Tuesday.











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Google's cloud business nabs Home Depot as client

SAN FRANCISCO (Reuters) - Google Inc, long an also-ran in cloud services, has scored an important victory in its effort to win corporate clients: Home Depot is moving some of its data to Google's cloud.


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Yahoo to suspend Daily Fantasy Sports in New York

(Reuters) - Yahoo Inc will suspend offering paid Daily Fantasy Sports contests in New York from Wednesday, a Yahoo spokesman said on Tuesday.


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Amazon sues former employee over new job at Target

(Reuters) - Amazon.com Inc has sued a former executive hired by Target Corp as its chief supply chain and logistics officer to prevent him from revealing trade secrets.


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Bangladesh central bank weighs lawsuit against NY Fed over cyber heist

DHAKA (Reuters) - Bangladesh's central bank has hired a lawyer in the United States for a potential lawsuit against the New York Federal Reserve after unknown hackers stole $81 million from its account with the U.S. bank, an internal report said.











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Apple says not making an offer for supplier Imagination

LONDON (Reuters) - Apple said on Tuesday it had talked about buying its supplier Imagination Technologies but did not plan to make an offer for the British graphics chip designer at the moment.


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U.S. grants China's ZTE temporary export license through June 30

WASHINGTON (Reuters) - The U.S. government is granting Chinese telecom equipment and smartphone maker ZTE Corp a temporary export license through June 30, according to a U.S. Commerce Department notice made public on Tuesday.


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The next big thing in phones may not be a phone

FRANKFURT (Reuters) - Nearly a decade after the iPhone broke the mould for mobile phones the question is now being asked whether the evolution of the smartphone has finally come to an end as even Apple now treats older, smaller 4-inch screens as something new.


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Uber offers hackers 'treasure map' to find computer flaws

SAN FRANCISCO (Reuters) - Uber, the high-flying transportation firm, is releasing a technical map of its computer and communications systems and inviting hackers to find weaknesses in exchange for cash bounties.











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As Turkey readies for 4G row brews over fiber broadband network

ISTANBUL (Reuters) - As Turkey prepares for the launch of high-speed 4G cellphone services next month a row is brewing over rivals wanting cheaper access to partly state-owned Turk Telekom's fiber optic network, saying that otherwise they cannot compete in a market where fixed-line and mobile services are set to converge.


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Apple bets new 4-inch iPhone to draw big-screen converts in China, India

CUPERTINO, Calif/MUMBAI (Reuters) - Apple Inc is betting a new 4-inch iPhone will spur smartphone users in key markets such as China and India to ditch their larger-screens in favor of the diminutive, yet feature-rich and lower-priced iPhone SE.


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Micro Focus buys Serena Software for $540 million

LONDON (Reuters) - British software group Micro Focus International has agreed to buy U.S. firm Serena Software [SILAKS.UL] for an enterprise value of $540 million and will raise $216 million in a placing to part finance the cash deal, it said on Tuesday.


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Britain's Ofcom tells BT to speed up business line connections

LONDON (Reuters) - Britain's telecoms regulator said BT, the owner of the biggest fixed-line network, must install business lines more quickly and significantly reduce the wholesale prices it charges rivals for the lines.











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Poll: Apple's privacy fight does not win extra points for security

(Reuters) - Most Americans trust Apple Inc to protect their personal information from hackers, according to a national Reuters/Ipsos poll, but not any better than rivals Google, Amazon and Microsoft.


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Monday, March 21, 2016

Foxconn considering cutting takeover offer for Sharp: sources

TOKYO (Reuters) - Taiwan's Foxconn is working towards reducing its planned investment into loss-making Japanese electronics firm Sharp Corp by around 100 billion yen ($893 million) from an initial plan of 489 billion yen, two sources familiar with the matter said on Tuesday.











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Thai top three mobile firms' shares surge after Jasmine misses 4G license payment

BANGKOK (Reuters) - Shares in Thailand's top three mobile telecoms operators surged 5-10 percent on Tuesday after broadband Internet firm Jasmine International missed a deadline for an initial payment toward a $2.1 billion fee for a 4G mobile license.


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U.S. says it may not need Apple to open San Bernardino iPhone

(Reuters) - U.S. prosecutors said Monday that a "third party" had presented a possible method for opening an encrypted iPhone used by one of the San Bernardino shooters, a development that could bring an abrupt end to the high-stakes legal showdown between the government and Apple Inc.











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Former Intel CEO Chairman Andrew Grove dies at 79: Intel

(Reuters) - Former Intel Chief Executive Officer and Chairman Andrew Grove died on Monday at age 79, the technology company said in a statement.











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Senate proposal on encryption gives judges broad powers

WASHINGTON (Reuters) - A bipartisan group of U.S. senators has begun circulating long-awaited draft legislation that would give federal judges clear authority to order technology companies like Apple to help law enforcement officials access encrypted data, according to sources familiar with the discussions.


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Amazon German warehouse workers start fresh strike in pay row

BERLIN (Reuters) - Workers at an Amazon.com warehouse in Germany are starting a new round of strikes in an attempt to pressure the U.S. online retailer to increase pay.











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Number of U.S. government 'cyber incidents' jumps in 2015

WASHINGTON (Reuters) - The U.S. government was hit by more than 77,000 "cyber incidents" like data thefts or other security breaches in fiscal year 2015, a 10 percent increase over the previous year, according to a White House audit.


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ID verification company Jumio files for bankruptcy protection

CHICAGO (Reuters) - Jumio, an online identification verification company whose clients include United Airlines Inc [UALCO.UL] and Airbnb, has filed for Chapter 11 bankruptcy protection for its U.S. business and initiated the sale of assets, according to court documents.


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FanDuel and DraftKings shut down games in New York

NEW YORK (Reuters) - Top daily fantasy sports companies FanDuel and DraftKings agreed to stop taking money in New York on Monday, amid a months-long fight with the state's attorney general over whether the games are illegal gambling.


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U.S. top court agrees to hear Samsung-Apple patent fight

(Reuters) - The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world's two fiercest smartphone rivals, Apple and Samsung, agreeing to hear Samsung's appeal of what it contends were excessive penalties for copying the patented designs of the iPhone.











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U.S. top court rejects EA Sports' appeal over Madden videogame

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday rejected Electronic Arts Inc's bid to revive its free speech defense in a lawsuit filed by former NFL players who accused the videogame maker of using their likenesses in the popular Madden NFL series without permission or proper compensation.


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Indonesian taxi drivers to rally for ban on online taxi apps

JAKARTA (Reuters) - Thousands of Indonesian taxi drivers will take to the streets of the capital on Tuesday for a protest rally to demand the government prohibits ride-hailing apps like Grab and Uber, as a price war intensifies.


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After a year, Carnegie Mellon and Uber research initiative is stalled

SAN FRANCISCO (Reuters) - More than a year after Uber announced a research pact with Carnegie Mellon University - and then hired away four of the institution's faculty and 36 researchers and technicians - the ride-hailing company and university have not collaborated on a single project, according to CMU faculty and administrators.


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Priceline strikes deal with Cuba to let Americans book hotels

(Reuters) - Priceline Group has agreed with Cuba to make Cuban hotel rooms available to U.S. customers via subsidiary Booking.com, becoming the first U.S. online travel agency to strike a deal with the island state, a Booking.com executive said.











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Alibaba annual transaction volumes cross 3 trillion yuan, but growth slows

SHANGHAI (Reuters) - Chinese e-commerce company Alibaba Group Holding Ltd said on Monday its total transaction volume had surpassed 3 trillion yuan ($463 billion) in the fiscal year through end-March, highlighting a milestone even as growth has slowed.


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Smaller iPhone expected Monday as Apple counters drop in phone sales

SAN FRANCISCO (Reuters) - Apple Inc is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as it looks to reverse a decline in worldwide sales of its most important product.











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Apple 'privacy czars' grapple with internal conflicts over user data

(Reuters) - As Apple Inc feuds with the U.S. government over iPhone privacy protections, the tech giant is also grappling with internal conflicts over privacy that could pose challenges to its long-term product strategy.


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Sunday, March 20, 2016

Foxconn to reduce offer for Sharp by around $900 million: Jiji

TOKYO (Reuters) - Taiwan's Foxconn is likely to reduce its capital injection into embattled Japanese electronics firm Sharp Corp by around 100 billion yen ($898 million), from an initial plan of 489 billion yen, Japan's Jiji News reported on Monday.


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China's Xiaomi says has no plans to raise funds

HONG KONG (Reuters) - China's most valuable start-up Xiaomi Inc [XTC.UL] is financially self-sufficient and has no plans to raise funds, its global vice-president said on Monday.











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Exclusive: SWIFT to advise banks on security as Bangladesh hack details emerge

(Reuters) - The SWIFT messaging system plans to ask banks to make sure they are following recommended security practices following an unprecedented cyber attack on Bangladesh's central bank that yielded $81 million, a spokeswoman for the group told Reuters on Sunday.


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Blackstone makes quiet sale ahead of FCC airwaves auction

NEW YORK (Reuters) - A quiet decision by private equity firm Blackstone Group LP to recently sell three TV stations may foreshadow uncertain returns for some selling TV airwaves and lower wireless demand in the U.S. government's upcoming spectrum auction, industry watchers say.


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Exclusive: Lyft drivers, if employees, owed millions more - court documents

SAN FRANCISCO (Reuters) - Drivers who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated $126 million in expense reimbursements had they been employees rather than contractors, court documents made public on Friday show.











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Cyber expert disappears after comments on Bangladesh central bank heist

DHAKA (Reuters) - A cyber crime expert has disappeared after talking to police and the media about an attempted $951 million cyber heist from Bangladesh's central bank, his wife said on Sunday.


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Saturday, March 19, 2016

Facebook's Zuckerberg meets propaganda czar in China charm drive

BEIJING (Reuters) - Facebook's co-founder and CEO Mark Zuckerberg met China's propaganda tsar Liu Yunshan in Beijing on Saturday as part of a charm offensive in one of the few markets where the social network cannot be accessed.


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Bangladesh seeks FBI's help in investigating central bank heist

DHAKA (Reuters) - Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation to track down the cyber crooks who stole $81 million from its central bank's U.S. account, the interior minister said on Saturday.











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Lufthansa reports near miss with drone over Los Angeles

LOS ANGELES (Reuters) - The pilot of a Lufthansa passenger jumbo jet reported a drone aircraft nearly collided with the airliner on Friday on its landing approach to Los Angeles International Airport, according to the Federal Aviation Administration.


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Friday, March 18, 2016

Microsoft apologizes for GDC party with skimpily-clad dancers

(Reuters) - Microsoft Corp apologized for hiring dancers dressed as skimpily-clad schoolgirls for its Game Developer Conference (GDC) afterparty in San Francisco on Thursday night, responding to media reports citing attendees' pictures on Twitter and Instagram.


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GameStop attracts large investors as shorts back off

SAN FRANCISCO (Reuters) - GameStop, one of the most shorted U.S. stocks, has started to attract institutional buyers and dissuade some traders betting against it as it fights off a consumer shift toward downloading video games and its depressed share price stabilizes.


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U.S. prosecutors, Apple to bring witnesses to hearing on locked iPhone

WASHINGTON (Reuters) - The U.S. government and Apple Inc will be able to cross-examine witnesses in a court hearing next week over whether the company must help federal investigators unlock an encrypted iPhone tied to one of the San Bernardino killers, Apple said.











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Facebook, Twitter compete for live TV rights - NY Post

(Reuters) - Facebook Inc and Twitter Inc are vying to buy rights to stream conventional TV programming, the New York Post reported on Thursday.











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Twitter to keep 140-character limit, says CEO Jack Dorsey

(Reuters) - Twitter Inc will keep the 140-character limit for tweets, Chief Executive Jack Dorsey said on Friday.


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Daimler receives huge order from Uber: Manager Magazin

FRANKFURT (Reuters) - Ride-hailing service Uber [UBER.UL] has placed a large order for cars with Germany's Daimler , Manager Magazin reported on Friday.











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EU may investigate online content providers over cross-border trade

BRUSSELS - Two out of three online content providers block consumers in another EU country from buying their products or services and could face investigation, European Union antitrust regulators said on Friday.


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Cisco to invest $100 mln in India's digital push

NEW DELHI (Reuters) - Cisco Systems Inc will invest over $100 million in India to support the country's ambitious plan to connect thousands of its villages to the internet and create jobs, Executive Chairman John Chambers said on Friday.


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Bang & Olufsen boosted by technology partnership with LG

COPENHAGEN (Reuters) - Bang & Olufsen has entered a strategic technology partnership with LG Electronics on the development and production of its televisions, the Danish company said on Friday, lifting its share price by 10 percent in early trading.


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FBI warns automakers, owners about vehicle hacking risks

WASHINGTON (Reuters) - The FBI and U.S. National Highway Traffic Safety Administration (NHTSA) issued a bulletin Thursday warning that motor vehicles are "increasingly vulnerable" to hacking.











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Thursday, March 17, 2016

Foodpanda buys Delivery.com's HK business, consolidating territories

FRANKFURT (Reuters) - Online takeaway delivery firm Foodpanda is acquiring the Hong Kong assets of U.S.-based Delivery.com as it consolidates its position in key markets while shedding assets elsewhere.


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Spanish illusionist adds technology to his bag of tricks

Madrid - Spanish illusionist Jorge Blass is incorporating a new kind of magic into his act by using technology and social media to entertain crowds during his shows.











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Spanish illusionist adds technology to his bag of tricks

Madrid - Spanish illusionist Jorge Blass is incorporating a new kind of magic into his act by using technology and social media to entertain crowds during his shows.


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Lawsuit against Uber in name of murder suspect is found to be a hoax

(Reuters) - A lawsuit filed against Uber claiming that the ride-sharing company was to blame for the jailing of an Uber driver who is charged with murder is a hoax, the Kalamazoo County Sheriff's Office said on Thursday.


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U.S. SEC says Amazon should allow shareholder vote on gender pay

(Reuters) - Amazon.com Inc should allow shareholders to vote on a proposal on gender pay equality, the U.S. securities regulator decided this week in rejecting the retailer's request to omit the measure from its annual ballot.


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Alphabet puts robot-maker Boston Dynamics up for sale: Bloomberg

(Reuters) - Alphabet Inc has put Boston Dynamics, part of its robotics division, up for sale for lack of revenue potential, Bloomberg reported, citing people familiar with the plans.











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Kazakhstan bars smartphones at government offices to prevent leaks: leaked memo

ASTANA (Reuters) - Kazakh officials and their visitors will have to leave their smartphones at the door of government buildings from March 24 in line with a new policy aimed at preventing leaks of sensitive documents, a leaked document showed on Thursday.











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WeChat payments rocket as China's Tencent rides gaming wave

HONG KONG/BEIJING (Reuters) - Tencent Holdings Ltd is not only China's largest social network and online entertainment firm, it is now big in mobile payments too.











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Worldwide wearable device shipments to jump 38 pct in 2016 - IDC

(Reuters) - Worldwide shipments of wearable devices are expected to rise 38.2 percent to 110 million units by the end of 2016, market research firm International Data Corp (IDC) said.


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China's Tencent says no spin-off plan for WeChat messaging app

HONG KONG (Reuters) - China's Tencent Holdings Ltd has no plans to spin-off its popular mobile messaging app WeChat, Chief Executive Pony Ma told reporters in Hong Kong on Thursday.











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Swiss watchmakers change tack to embrace smartwatches

BASEL, Switzerland (Reuters) - Swiss watchmakers, who once dismissed smartwatches as short-lived gadgets, are now racing to grab a share of a fast-growing market via technology partnerships and stepping up investments.


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Toshiba in $5.9 billion asset sale, shares hit by report of U.S. probe

TOKYO (Reuters) - Japan's Toshiba Corp announced a $5.9 billion asset sale and a big investment in its chip business on Thursday, but saw its shares slide on a report that U.S. authorities were investigating accounting related to its Westinghouse nuclear power unit.


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Wednesday, March 16, 2016

Apple signs up for Google's cloud services: Re/code

(Reuters) - Apple Inc recently started using Google's cloud service even as it simultaneously builds its own data centers to reduce its reliance on third-party service providers, technology news website Re/code reported, citing sources familiar with the deal.











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Toshiba to invest $3.2 billion in new Japan chip facility

TOKYO (Reuters) - Toshiba Corp said it plans to invest 360 billion yen ($3.2 billion) to build a new semiconductor facility in Japan, showing it wants to grow its chip business even as it eyes the sale of other units such as appliances and healthcare.


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Nike fitness app, new products get more personal

NEW YORK (Reuters) - Nike, the world's biggest sportswear firm, is launching a new version of its Nike+ running app that offers users preferential access to the hottest new sneakers, raising its game as competition heats up in the fitness tracking business.


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LG Display says to invest in new OLED lighting panel plant

SEOUL (Reuters) - Consumer electronics screen maker LG Display Co Ltd said on Thursday it will build a new production plant that will manufacture organic light-emitting diode panels for its lighting business in South Korea.


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German court rules against Apple in video streaming patent case

(Reuters) - A German court has ruled against Apple Inc in a case over video streaming patents, handing Kudelski's OpenTV unit a victory in its ongoing intellectual property licensing campaign against major technology companies.


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Pennsylvania man to plead guilty to hacking celebrities' email, iCloud accounts

LOS ANGELES (Reuters) - A Pennsylvania man has agreed to plead guilty to a felony computer hacking charge after authorities said he illegally accessed private phone and email accounts of celebrities such as Oscar-winning actress Jennifer Lawrence to leak information including nude pictures.











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Overstock to issue stock to be traded on blockchain platform

NEW YORK (Reuters) - Overstock.com Inc said on Wednesday it would offer shareholders new common shares to be traded on the company's t0.com platform.











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EU regulators want more info on Apple's Irish tax deal

BRUSSELS/DUBLIN - European Union antitrust regulators have asked Ireland to provide further details on the country's tax deal with Apple before deciding whether this constitutes illegal state aid to the iPhone maker.


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Cyber criminals snap up expired domains to serve malicious ads

(Reuters) - Expired domain names are becoming the latest route for cyber criminals to find their way into the computers of unsuspecting users.











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Israel launches first ever video distress call service

TEL AVIV (Reuters) - Israelis can now use their smartphones to make live video distress calls to emergency responders, a first-of-its-kind service that, if successful, could set a new standard for countries around the world.











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Apple: U.S. founders would be 'appalled' by DOJ iPhone request

SAN FRANCISCO/WASHINGTON (Reuters) - The U.S. founding fathers "would be appalled" by a Department of Justice request to unlock an encrypted iPhone, Apple Inc said on Tuesday in its final brief before a court showdown next week.


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Fujifilm, after losing bid for Toshiba medical unit, queries timing

TOKYO (Reuters) - Japan's Fujifilm Holdings Corp , which lost out to Canon Inc in the race to be picked as preferred bidder for conglomerate Toshiba Corp's medical unit, questioned Toshiba on Wednesday on the timing of the planned sale.


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India's billion-member biometric database raises privacy fears

NEW DELHI (Reuters) - India's parliament is set to pass legislation that gives federal agencies access to the world's biggest biometric database in the interests of national security, raising fears the privacy of a billion people could be compromised.


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BMW unveils new strategy for autonomous car era

MUNICH (Reuters) - German carmaker BMW unveiled a new strategy on Wednesday to focus on achieving further advances in electric vehicles, automated driving and to develop new services in the field of premium individual mobility.











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Foxconn seeking guidance on Sharp fourth-quarter, deal may not come this week: source

TAIPEI/TOKYO (Reuters) - Foxconn has completed its due diligence on Japan's Sharp Corp through the end of 2015, but is seeking guidance from the loss-making electronics maker on its latest quarterly performance, a person familiar with the matter said.


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Tuesday, March 15, 2016

China's ZTE Corp shares to resume trading Wednesday morning: source

LONDON (Reuters) - Shares of China’s ZTE Corp are expected to resume trading on Wednesday morning in Hong Kong and the company will appeal new U.S. export restrictions against it, according to a person familiar with the matter.











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Senators, Google urge national U.S. self-driving regulations

WASHINGTON (Reuters) - Members of a U.S. Senate panel and firms working on self-driving vehicles on Tuesday called for national rather than state regulation of the cars to avoid a patchwork of rules that could slow development.


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Sony PlayStation VR to launch globally in October, cost $399

SAN FRANCISCO (Reuters) - Sony Corp on Tuesday announced its PlayStation virtual reality headset will launch globally for $399 in October.











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Broker ICAP says first to use blockchain for trading data

LONDON (Reuters) - ICAP, which matches buyers and sellers of bonds, swaps and currencies, said it has become the first to distribute data on trades to customers using the same blockchain technology that underpins the virtual currency bitcoin.


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Teamsters, Lyft drivers will object to settlement over expenses

(Reuters) - Five Lyft drivers and the Teamsters union will object to a proposed class action settlement, saying it would shortchange drivers by keeping them as independent contractors instead of employees, a union spokesman said on Tuesday.











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Lyft and GM roll out car rental program to attract more drivers

SAN FRANCISCO (Reuters) - Drivers for ride-hailing app Lyft will no longer face the imperative of owning a car under a rental program launched on Monday with General Motors Co.











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Drone meets blimp for crowd-friendly

A new breed of unmanned aerial vehicle that is safe to fly at close proximity to crowds has been developed by a spin-off team from Swiss university ETH Zurich. The helium-filled flying machine, known as Skye, combines the manoeuvrability of a traditional quadcopter with the energy efficiency of a blimp.


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China consumer day show targets fake online sales, food delivery

SHANGHAI (Reuters) - China's annual consumer rights day TV show took aim at online food delivery apps, faked online sales and dodgy false teeth when it aired late on Tuesday, but the much-hyped program unusually failed to snag any major international firms.











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Alibaba to train a million teenagers in rural China -report

HONG KONG (Reuters) - Alibaba plans to train a million teenagers in rural China to help start their own online businesses, taking e-commerce to the country's vast rural areas, the official Xinhua news agency reported on Tuesday.


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How to hack a sex toy: tech firms warn public on growing cyber-risks

HANOVER, Germany (Reuters) - It's not just computers and mobile phones that are vulnerable to cyber attack, according to software firm Trend Micro. As more devices are hooked up to the Internet, it could be anything from medical equipment to industrial machinery - and even sex toys.











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Toshiba finds more accounting errors, promises improvement

TOKYO (Reuters) - Japan's Toshiba Corp revealed additional accounting irregularities on Friday after a multi-billion dollar accounting scandal last year, rekindling doubts over the company's pledge to improve transparency.











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China calls for FBI cooperation in internet security, counter-terrorism

BEIJING (Reuters) - China wants to have deeper internet security, anti-terrorism and corruption cooperation with the United States, Chinese security officials told the visiting director of the FBI, state news agency Xinhua said.


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Bangladesh central bank governor resigns over cyber heist

DHAKA (Reuters) - Bangladesh’s central bank governor Atiur Rahman said on Tuesday he had resigned after $81 million was stolen from the bank's account at the New York Fed in one of the largest cyber heists in history.


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Google AI beats South Korean Go pro, ends series 4-1

SEOUL (Reuters) - Google's artificial intelligence (AI) program beat South Korean professional Lee Sedol in the ancient board game Go on Tuesday, recovering from Sunday's loss to win its fourth match in a five-game series.











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Monday, March 14, 2016

Exclusive: Chinese hackers behind U.S. ransomware attacks - security firms

(Reuters) - Hackers using tactics and tools previously associated with Chinese government-supported computer network intrusions have joined the booming cyber crime industry of ransomware, four security firms that investigated attacks on U.S. companies said.


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Verizon signs direct connection agreement with Cuba

HAVANA (Reuters) - A unit of telecoms multinational Verizon Communications signed a direct interconnection agreement with the Cuban state monopoly Etecsa, expanding on existing roaming services in the Caribbean country, Etecsa said in a statement on Monday.











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Google to urge Congress to help get self-driving cars on roads

WASHINGTON (Reuters) - The head of Alphabet Inc's Google self-driving car program will urge the U.S. Congress on Tuesday to grant national auto safety regulators new authority to speed the introduction of self-driving cars on American roads.











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Toshiba in talks to sell its white goods business to Midea Group: Nikkei

(Reuters) - Japanese industrial conglomerate Toshiba Corp said it is in late-stage talks to sell its white goods business to Chinese household appliance giant Midea Group Co Ltd , Nikkei reported on Monday.


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Google to urge Congress to help get self-driving cars on roads

WASHINGTON (Reuters) - The head of Alphabet Inc's Google self-driving car program will urge the U.S. Congress on Tuesday to grant national auto safety regulators new authority to speed the introduction of self-driving cars on American roads.


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Apple, McDonald's, Google and IKEA to face EU lawmakers over tax deals

BRUSSELS - Apple , Google , McDonald's and IKEA[IKEA.UL] will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay more tax on their profits locally.


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Smartphones not so smart with urgent medical questions

(Reuters Health) - Smartphones are the first thing many people turn to with questions about their health. But when it comes to urgent queries about issues like suicide, rape and heart attacks, phones can be pretty bad at offering good medical advice, a new study suggests.











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Top Thai mobile firm AIS set to shut down 2G service

BANGKOK (Reuters) - Some 400,000 subscribers of Thailand's largest mobile operator Advanced Info Service Pcl (AIS) could be cut off from services after the nation's telecoms regulator said AIS has to shut down its 2G mobile services as of midnight on Tuesday.


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Russian court turns down Google appeal in anti-monopoly case

MOSCOW (Reuters) - The Moscow Arbitration court on Monday rejected an appeal from Google and upheld a ruling that the U.S. firm broke anti-monopoly laws by abusing its dominant position with its Android mobile platform, Russia's competition watchdog said.











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Alibaba's logistics arm raises funds from Singapore investors, others

BEIJING/SHANGHAI (Reuters) - The logistics arm of Alibaba Group Holding Ltd has completed a funding round, China's biggest e-commerce company said on Monday.











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Sunday, March 13, 2016

China minister says ride-hailing subsidies competitively unfair

BEIJING (Reuters) - The subsidizing of fares and the supplementing of driver wages by ride-hailing companies such as Didi Kuaidi and U.S. firm Uber Technologies Inc [UBER.UL] are competitively unfair and could not be sustained long-term, China's transport minister said.


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Striking back against the machine: Korean Go player beats Google program

SEOUL (Reuters) - South Korean Lee Sedol won his first match against a computer program developed by a Google subsidiary on Sunday in the ancient board game Go, denying a clean sweep for the artificial intelligence in a five-match series.











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North Korea denies cyber attacks on South Korea officials

SEOUL (Reuters) - North Korea on Sunday denied that it conducted cyber attacks against officials from rival South Korea, calling the South's accusation that it did so a "fabrication".


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China's electric cars sales to double in 2016: minister

BEIJING (Reuters) - China's production and sale of electric cars will more than double this year, the industry minister said on Sunday.











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Saturday, March 12, 2016

India's Micromax, once a rising star, struggles

MUMBAI (Reuters) - A year ago, Micromax vaulted past Samsung Electronics Co Ltd to become India's leading smartphone brand. Today, its market share has nearly halved, several top executives have resigned, and the company is looking for growth outside India.


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Online harassment must be met head-on: tech summit panel

AUSTIN, Texas (Reuters) - Online harassment and sexism is demeaning women and can no longer be brushed aside as an ugly side of social media and the gaming industry if they are to thrive, panelists on Saturday said at the South By Southwest (SXSW) tech meeting in Austin.











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Britain to test driverless cars on motorways from next year

LONDON (Reuters) - Britain said it will begin trialing driverless cars on motorways for the first time in 2017, as it moves toward its goal of allowing autonomous cars to take to the streets by 2020.


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Google AI program wins third straight match to take Go series

SEOUL (Reuters) - Google's artificial intelligence (AI) program on Saturday took a 3-0 lead in a five-match series against one of the world's top players of the complicated board game Go.











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Aiming to sidestep Apple dispute, Obama makes case for access to device data

AUSTIN, Texas (Reuters) - U.S. President Barack Obama on Friday made a passionate case for mobile devices to be built in a way that would allow the government to gain access to personal data if needed to prevent a terrorist attack or enforce tax laws.


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Friday, March 11, 2016

Intel plans to sell part of venture capital unit: Bloomberg

(Reuters) - Intel Corp is looking to sell part of its venture capital portfolio, assets that could be worth as much as $1 billion, Bloomberg reported.











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U.S. says legal hurdles remain to deployment of self-driving cars

WASHINGTON (Reuters) - The top U.S. auto safety agency said Friday significant legal hurdles must be cleared before self-driving cars without steering wheels and gas pedals can be sold in the United States.











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GM buys Cruise Automation to speed self-driving car strategy

(Reuters) - General Motors Co is buying Cruise Automation, a San Francisco self-driving vehicle startup, the latest move by the auto giant in its effort to outflank Silicon Valley in the race to develop shareable, autonomous vehicles.


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Designated 'Smart City' will get vehicle technology boost

WASHINGTON (Reuters) - The U.S. Transportation Department and NXP Semiconductors NV are joining forces in a pilot project to use communication technology to reduce congestion and speed traffic, they said on Friday.


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Autodesk settles with activist investors, appoints three directors

(Reuters) - Autodesk Inc said on Friday it had reached a settlement with two activist investors, appointing three directors to its board and avoiding a proxy fight ahead of its annual meeting.











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Fintech growth accelerates in Asia with record $4.5 billion investments

HONG KONG (Reuters) - Investors poured a record $4.5 billion into financial start-ups in Asia last year, four times as much as the previous year, data shows, putting the region at the center of the global tech revolution poised to shake up the financial services industry.


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Malware suspected in Bangladesh bank heist: officials

DHAKA (Reuters) - Investigators suspect unknown hackers managed to install malware in the Bangladesh central bank's computer systems and watched, probably for weeks, how to go about withdrawing money from its U.S. account, two bank officials briefed on the matter said on Friday.











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Robots welcome visitors to Berlin travel fair

BERLIN (Reuters) - Chihira Kanae is greeting visitors to the world's biggest travel fair in Berlin this week, answering questions and guiding people in the right direction. But one passer by's attempt to ask her out for dinner is met with silence.











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Thursday, March 10, 2016

Samsung Elec says Galaxy S7 preodrers better than predecessor's

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd has seen stronger preorder volumes for the new Galaxy S7 phones compared to last year's model, company co-chief executive J.K. Shin said on Friday.


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Apple sets March 21 event, Wall Street sees new, smaller iPhone

(Reuters) - Apple Inc sent an invite to reporters on Thursday for an event at its Cupertino, California headquarters on March 21, possibly signaling the unveiling of a new, smaller iPhone.


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U.S. government calls Apple rhetoric 'false' in iPhone case

(Reuters) - The U.S. Justice Department on Thursday said Apple Inc's rhetoric was "false" in a high-profile fight over the government's bid to unlock an encrypted iPhone belonging to one of the San Bernardino shooters.











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Skype co-founder launches ultra-private messaging, with video

FRANKFURT (Reuters) - A group of former Skype technologists, backed by the co-founder of the messaging platform, has introduced a new version of its own messaging service that promises end-to-end encryption for all conversations, including by video.


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U.S. auto safety agency seeking details of Google self-driving crash

WASHINGTON (Reuters) - The top U.S. auto safety regulator said on Thursday the agency is seeking additional details of a recent crash of an Alphabet Inc Google self-driving car in California.











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FCC expected to unveil internet privacy proposal Thursday

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission (FCC) is set to unveil details of a proposal on Thursday to protect consumers' internet privacy, safety advocates and industry officials said.


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Uber and Lyft won't crimp U.S. car sales in near term: survey

DETROIT (Reuters) - The growing popularity of car- and ride-sharing services such as Uber, Lyft and Zipcar will not put a crimp in U.S. vehicle sales any time soon, according to a survey released on Thursday.


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How a hacker's typo helped stop a billion dollar bank heist

DHAKA (Reuters) - A spelling mistake in an online bank transfer instruction helped prevent a nearly $1 billion heist last month involving the Bangladesh central bank and the New York Fed, banking officials said.











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Yahoo appoints two new board members

(Reuters) - Yahoo Inc said it appointed two new independent directors, effective March 8, increasing the size of its board to nine from seven.


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EU competition watchdog to release initial findings on cross-border e-commerce

BRUSSELS - European Union regulators will release data from its year-long inquiry into barriers to cross-border e-commerce next week, the 28-nation bloc's antitrust chief said on Thursday, potentially laying the groundwork for cases against some companies.


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Opera becomes first big browser maker with built-in ad-blocker

FRANKFURT (Reuters) - Norwegian company Opera is introducing a new version of its desktop computer browser that promises to load web pages faster by incorporating ad-blocking, a move that makes reining in advertising a basic feature instead of an afterthought.











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Wednesday, March 9, 2016

Twitter doles out stock, cash bonus to retain talent: WSJ

(Reuters) - Twitter Inc has been offering additional restricted stock and cash bonus to employees to prevent staff departure, the Wall Street Journal reported.











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Samsung Elec says preorders for Galaxy S7 phones stronger than expected

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd has seen stronger-than-expected preorders for its new flagship Galaxy S7 smartphones launching this week, a senior company executive said on Thursday.


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Dorsey-led Square's revenue beats in first quarterly report since IPO

(Reuters) - Mobile payments company Square Inc's revenue beat analysts' estimates in its first quarterly results since going public in November, easing pressure on CEO Jack Dorsey who is also leading turnaround efforts at Twitter Inc.











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Signs of life for Apple's stock as Wall St. eyes new iPhone

SAN FRANCISCO (Reuters) - After months of declines in Apple's stock, sentiment appears to be mending as investors focus on steady earnings expectations and bet that the expected launch of a new iPhone will add badly-needed fuel to sputtering sales.











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Senators close to finishing encryption penalties legislation: sources

WASHINGTON (Reuters) - Technology companies could face civil penalties for refusing to comply with court orders to help investigators access encrypted data under draft legislation nearing completion in the U.S. Senate, sources familiar with continuing discussions told Reuters on Wednesday.











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Facebook buying face-swapping app creator Masquerade

(Reuters) - Facebook Inc is acquiring Masquerade Technologies Inc, creator of the popular face-swapping app MSQRD, the start-up said on Wednesday.


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NASA plans to fix Mars spacecraft leak then launch in 2018

(Reuters) - NASA plans to repair a Mars spacecraft that was grounded in December because of a leak in its primary science instrument, putting the mission back on track for another launch attempt in 2018, the U.S. space agency said on Wednesday.


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Amazon to lease planes for delivery

(Reuters) - Amazon.com Inc will lease 20 Boeing 767 freighter aircraft, lessor Air Transport Services Group Inc said on Wednesday, as the online retailer moves closer to setting up its own air delivery network.











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Yoox Net-A-Porter 2015 adjusted core profit up 26 percent

MILAN (Reuters) - Italian online fashion retailer Yoox Net-A-Porter (YNAP) posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites.


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Bosch looking to smart devices to get ahead in the cloud

BERLIN (Reuters) - Robert Bosch GmbH [ROBG.UL] is taking on U.S. technology rivals by launching its own "cloud" computing network to connect up anything from cars to dishwashers via the Internet.











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Intel buys Israeli 3D video tech firm Replay Technologies

JERUSALEM (Reuters) - Intel Corp said on Wednesday it bought Israel's Replay Technologies, which developed a 3D video technology that has started to be used by U.S. professional sports broadcasters.


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Aspect Software files for bankruptcy with creditor plan

WILMINGTON, Del. (Reuters) - Aspect Software Inc filed for bankruptcy on Wednesday with a plan backed by its creditors that would cut debt and bring the company out of Chapter 11 under the control of its lenders, according to court documents.


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Court rules against Facebook 'like' button in German shopping case

FRANKFURT (Reuters) - Facebook's "Like" button violates German and European privacy laws in a case brought by a consumer group against an online shopping site which relied on the user recommendation feature, a Dusseldorf regional court said on Wednesday.


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Chinese pilot project could bring electronic tracking to all cars

BEIJING (Reuters) - The southern city of Shenzhen became the first in China to issue electronic IDs to 200,000 vehicles as part of a pilot project that could eventually allow the real-time tracking of all cars, the state-owned company providing the technology said.











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Clash of Clans maker reports higher 2015 profit and sales

HELSINKI (Reuters) - Finnish mobile games maker Supercell reported on Wednesday a rise in sales and core profit last year, due to the continuing success of hit titles Clash of Clans, Hay Day and Boom Beach.











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Big U.S. banks to take on tech rivals with instant payments

NEW YORK (Reuters) - Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person's account instantaneously by mobile phone.











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Going places: machine beats top Go player in another AI milestone

SEOUL (Reuters) - Google's AlphaGo computer program on Wednesday won the first of a series of five matches against one of the world's best players of the complex board game, Go, marking a new milestone in the development of artificial intelligence (AI).


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Tuesday, March 8, 2016

Toshiba board to discuss sale of medical equipment unit Wednesday

TOKYO (Reuters) - Toshiba Corp said its board of directors would hold a meeting on Wednesday to discuss the planned sale of its medical equipment unit and announce the outcome swiftly if a decision is reached.


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Oclaro, other component makers slide after U.S. curbs on China's ZTE

(Reuters) - Little-known San Jose optical-parts maker Oclaro became the face of a U.S. ban on Tuesday as its shares led telecom-components makers lower over restrictions on selling components to China's ZTE Corp.











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China's ZTE says suppliers need to apply for U.S. export license

HONG KONG (Reuters) - Chinese telecommunications equipment maker ZTE Corp said on Wednesday its suppliers must seek licences to provide materials, in line with newly imposed U.S. restrictions on the company.


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Samsung Elec to launch phone upgrade scheme in South Korea

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd on Wednesday said it will launch a phone upgrade program in South Korea this week that will allow subscribers to switch to a new premium handset every 12 months.











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Toshiba board to discuss sale of medical equipment unit Wednesday

TOKYO (Reuters) - Toshiba Corp said its board of directors would hold a meeting on Wednesday to discuss the planned sale of its medical equipment unit and announce the outcome swiftly if a decision is reached.


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DirecTV says all channels restored after two-hour outage

(Reuters) - DirecTV, the satellite TV provider owned by No. 2 U.S. wireless carrier AT&T Inc , said all channels have been restored after experiencing loss of audio and video for at least two hours on Tuesday.











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DirecTV says multiple channels facing audio, video loss

(Reuters) - DirecTV, the satellite TV provider owned by No. 2 U.S. wireless carrier AT&T Inc , said multiple national channels were experiencing loss of audio and video.


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Home Depot settles consumer lawsuit over big 2014 data breach

(Reuters) - Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders.











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Canon front-runner with $6 billion bid for Toshiba Medical: Nikkei

TOKYO (Reuters) - Canon Inc is front-runner to buy the healthcare business of Toshiba Corp with a bid of over 700 billion yen ($6.2 billion), Japan's Nikkei newspaper reported.











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The World's Most Innovative Research Institutions

(Reuters) - Silicon Valley’s hoodie-wearing tech entrepreneurs are the poster kids of innovation. But the innovators who are really changing the world are more likely to wear labcoats and hold government-related jobs in Grenoble, Munich or Tokyo. That's the conclusion of Reuters’ Top 25 Global Innovators – Government, a list that identifies and ranks the publicly funded institutions doing the most to advance science and technology.


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Top U.S. arms buyer to meet Raytheon CEO on long-delayed GPS ground system

WASHINGTON (Reuters) - Top Pentagon and Air Force officials will meet on Tuesday with Raytheon Chief Executive Tom Kennedy for another "deep dive review" of the company's long-delayed ground control system for next generation GPS satellites, U.S. defense officials said.











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FCC chairman to unveil proposal for $9.25/month low-income broadband subsidy

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission will circulate Tuesday a final proposal seeking approval for a $9.25 monthly subsidy for low-income Americans to get broadband Internet access, three officials briefed on the plan said.


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Orange needs invite from Bollore to look into Telecom Italia tie-up

CAIRO (Reuters) - Orange Chief Executive Officer Stephane Richard said he would look into the possibility of merging with Telecom Italia if French billionaire Vincent Bollore invited him to.











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MTN in talks with Nigeria regulator to cut $3.9 billion fine and plan payment: Buhari

ABUJA (Reuters) - South African telecoms company MTN is in talks with Nigeria's telecoms regulator to reduce the $3.9 billion fine imposed for its failure to disconnect unregistered sim cards and arrange gradual payment, President Muhammadu Buhari said on Tuesday.











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Aldi UK expands online product range

LONDON (Reuters) - German discount retailer Aldi [ALDIEI.UL] said on Tuesday it is expanding the range of products available on its British website for home delivery by adding non-food items such as electrical goods and garden tools.


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Monday, March 7, 2016

China says 'resolutely opposed' to U.S. export restrictions on ZTE

WASHINGTON/HONG KONG (Reuters) - New export restrictions against China's ZTE Corp for alleged Iran sanctions violations drew fire from the Chinese government, which said on Tuesday it was "resolutely opposed" to the measures but stopped short of announcing retaliation.


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Orbital eyes first customer for in-space satellite servicing

WASHINGTON (Reuters) - Orbital ATK Inc on Monday said it hopes to announce within the next six to eight weeks its first contract for a new "in space" service aimed at extending the life and uses of aging commercial satellites in geosynchronous orbit.


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Justice Department asks judge to reconsider NY iPhone case

WASHINGTON (Reuters) - The U.S. Justice Department on Monday resubmitted its case for Apple to unlock an encrypted iPhone belonging to a drug offender to a higher judge in the Eastern District of New York.











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Twitter praised for cracking down on use by Islamic State

(Reuters) - Officials with the nonprofit Simon Wiesenthal Center praised Twitter Inc on Monday for increasing efforts to thwart Islamic State's use of its platform for recruitment and propaganda.


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Microsoft takes on Oracle, opening up database software to Linux

SAN FRANCISCO (Reuters) - Microsoft Corp planned on Monday to announce its move into a new business, unveiling a database software that works with a rival to its Windows operating system, a move that takes aim at a market long dominated by Oracle Corp .


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New York Fed denies systems breach after Bangladesh claim

NEW YORK (Reuters) - The Federal Reserve Bank of New York denied that its payments systems were breached after Bangladesh's central bank said earlier on Monday that its U.S. account had been hacked and money stolen from it.


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Symphony financial messaging set for wide rollout this year - Goldman

LONDON (Reuters) - Symphony, the WhatsApp for the financial world, will significantly increase its user base this year at major institutions including a top asset manager, shareholder Goldman Sachs said on Monday.


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Online retailer Yoox Net-a-Porter adopts IBM software

PARIS (Reuters) - Online fashion retailer Yoox Net-a-Porter said on Monday it would adopt IBM's software to manage orders, replacing technology developed by Yoox and Net-a-Porter prior to their merger in October.


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News Corp CEO to meet EU antitrust chief, Google in focus

BRUSSELS - News Corp's chief executive will meet the EU antitrust chief this week, the company said on Monday, with the focus expected to be on the EU's investigation into whether Internet search engine Google abused its dominance.











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Bangladesh central bank says U.S. account hacked, recovers some funds

DHAKA (Reuters) - Bangladesh's central bank said on Monday its U.S. account had been hacked and money had been stolen from it, but that it had recovered some of the funds.


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Supreme Court rejects Apple e-books price-fixing appeal

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as part of a settlement.











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SoftBank announces reorganization to boost investor confidence

(Reuters) - Japan's Softbank Group Corp plans to separate its domestic and overseas businesses and give them their own chief executives in its latest move to bolster shareholder value after a record $4.4 billion share buyback plan a month ago.











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Alibaba's Ant Financial could be valued at nearly $60 billion: source

(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd's arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round of funding, a person familiar with the matter said.











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China angered by planned U.S. export restrictions on ZTE

BEIJING (Reuters) - China's Foreign Ministry expressed anger on Monday at the U.S. Commerce Department's plans to place export restrictions on Chinese telecoms equipment-maker ZTE Corp for allegedly violating U.S. export controls on Iran.











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Sunday, March 6, 2016

Apple users targeted in first known Mac ransomware campaign

BOSTON (Reuters) - Apple Inc customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as ransomware, researchers with Palo Alto Networks Inc told Reuters on Sunday.


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Daimler CEO says digital mapping consortium in expansion talks

ESTORIL, Portugal (Reuters) - Daimler's Chief Executive told Reuters that a German auto maker consortium which controls the HERE digital mapping business is in talks with potential new members.


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ZTE says communicating with all parties after news of export restrictions

HONG KONG (Reuters) - Chinese telecommunication equipment maker ZTE Corp said on Sunday it is communicating aggressively with all parties after media reports that the company faces U.S. export restrictions.











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Saturday, March 5, 2016

Amazon to restore encryption to Fire tablets after complaints

(Reuters) - Amazon.com Inc said it plans to restore an encryption feature on its Fire tablets after customers and privacy advocates criticized the company for quietly removing the security option when it released its latest operating system.











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U.S. National Guard may join cyber offense against Islamic State: Carter

JOINT BASE LEWIS-MCCHORD, Washington (Reuters) - U.S. Defense Secretary Ash Carter said the National Guard's cyber squadrons will play an increasingly important role in assessing the vulnerabilities of U.S. industrial infrastructure and could be asked to join the fight against Islamic State.


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Facebook VP says Brazil jailers treated him with respect

CAMBRIDGE, Mass. (Reuters) - A Facebook Inc executive who spent about 24 hours in a Brazilian jail this week said authorities treated him with respect and that the incident will not slow the company’s expansion in Brazil.


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Apple case exposes ongoing government rift over encryption policy

SAN FRANCISCO (Reuters) - Even as the Department of Justice battles Apple in court over access to encrypted data, the Obama administration remains split over backing requirements that tech manufacturers provide law enforcement with a "back door" into their products, according to a dozen people familiar with the internal debate.











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U.S. Commerce Department to place restrictions on ZTE Corp

LONDON (Reuters) - The U.S. Commerce Department is set to place restrictions on exports of U.S. products by Chinese telecoms equipment maker ZTE Corp for allegedly violating U.S. export controls related to Iran, according to documents seen by Reuters.











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China lays out its vision to become a tech power

BEIJING (Reuters) - China aims to become a world leader in advanced industries such as semiconductors and in the next generation of chip materials, robotics, aviation equipment and satellites, the government said in its blueprint for development between 2016 and 2020.


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Friday, March 4, 2016

Exclusive: Corus set to win shareholder vote for C$2.65 billion media deal - sources

TORONTO (Reuters) - Corus Entertainment Inc's minority shareholders are set to approve its C$2.65 billion ($2 billion) bid for Shaw Communications Inc's media assets, despite vocal opposition from private equity firm Catalyst Capital, according to two sources familiar with the situation.











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Canada's TSX hires Bitcoin guru, studies currency's technology

TORONTO (Reuters) - The Toronto Stock Exchange has hired a Bitcoin entrepreneur as its first chief digital officer as it explores the capabilities of blockchain, the technology behind the virtual currency, a senior executive at TSX parent TMX Group said on Thursday.











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Starboard to push for control of board in upcoming Yahoo talks: sources

(Reuters) - Starboard Value LP, the activist hedge fund leading an investor revolt against Yahoo Inc's management team, will push for control of the company's board in talks scheduled for next week, according to people familiar with the matter.


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Heat is on Telecom Italia's CEO as Vivendi pushes on strategy

MILAN (Reuters) - A jump in the company's share price should brighten the mood of any chief executive but that is unlikely to have been the effect this week on Marco Patuano, the head of Telecom Italia.


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Telecom Italia wants deal with Metroweb investors in coming weeks: sources

MILAN (Reuters) - Italian phone company Telecom Italia wants to reach an agreement with investors in fiber optic company Metroweb in coming weeks to development of a broadband network in Italy, two sources close to the matter said on Friday.


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Police say criminals like Apple iPhones because of encryption

(Reuters) - Some criminals have switched to new iPhones as their "device of choice" to commit wrongdoing due to strong encryption Apple Inc has placed on their products, three law enforcement groups said in a court filing.











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German court rules Facebook may block pseudonyms

BERLIN (Reuters) - Facebook may prevent its users from using fake names, a German court said on Thursday, overturning a previous order from the Hamburg data protection authority.











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Regulators propose stricter banking rules to cover cyber, fraud risks

LONDON (Reuters) - Global regulators have proposed stricter rules on how banks calculate the amount of capital they need to cover risks to operations from cyber attacks, fraud or hefty fines.


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Online casino games maker NetEnt sees room for further expansion

STOCKHOLM (Reuters) - Sweden's NetEnt, which makes online slot machines and roulette games, wants to double its share of the global market to 30 percent despite doubts about whether it can sustain its rapid growth and an uncertain U.S. regulatory landscape.











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Monitise says in early talks to sell content business

(Reuters) - Mobile payment processor Monitise Plc said it was in early talks to potentially sell its marketing content business, Markco Media, in a bid to transition to cloud-based services.


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