Australia to probe Facebook, Google over media disruption

SYDNEY (Reuters) - Australia’s competition regulator said on Monday it would investigate whether U.S. online giants Facebook and Alphabet Inc’s Google had disrupted the news media to the detriment of publishers and consumers. FILE PHOTO: A 3D plastic representation of the Facebook logo i...

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Facebook opens new London HQ, to create 800 UK jobs

LONDON (Reuters) - Facebook opens its new London office on Monday and said it would add 800 more jobs in the capital next year, underlining its commitment to Britain as the country prepares for Brexit. A Facebook like button is pictured at the Facebook's France headquarters in Paris, France, Novembe...

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TIM's board to discuss network options this week: source

MILAN (Reuters) - The board of Telecom Italia (TIM) will this week discuss options for its fixed-line network, including possibly splitting it off, although no decision is expected to be made, a source close to the company said on Sunday. FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the he...

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Apple's Tim Cook says developers have earned $17 billion from China App Store

WUZHEN, China (Reuters) - Apple Inc’s chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings. Apple CEO Tim Cook arrives before the four...

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For security agencies, blockchain goes from suspect to potential solution

(Reuters) - Police and security agencies have so far only taken an interest in blockchain - the distributed ledger technology behind cryptocurrencies like bitcoin - for tracking criminals hiding illegal money from banks. Adrian Kemp of HoustonKemp Economists speaks to Reuters in their office in Sing...

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China's Xi says country will not close door to global internet

WUZHEN, China (Reuters) - Chinese President Xi Jinping said the country will not close its door to the global internet, but that cyber sovereignty is key to the development of the internet. China's President Xi Jinping speaks at the opening ceremony of the "CPC in dialogue with world political parti...

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Former NSA Employee Pleads Guilty to Taking Classified Data

A former employee for the National Security Agency pleaded guilty on Friday to taking classified data to his home computer in Maryland. According to published reports, U.S. intelligence officials believe the data was then stolen from his computer by hackers working for the Russian government. Nghia ...

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Former NSA Employee Pleads Guilty to Taking Classified Data

A former employee for the National Security Agency pleaded guilty on Friday to taking classified data to his home computer in Maryland. According to published reports, U.S. intelligence officials believe the data was then stolen from his computer by hackers working for the Russian government. Nghia ...

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Fiat Chrysler CEO says in talks with Hyundai on tech partnership

ARESE, Italy (Reuters) - Fiat Chrysler Automobiles is in talks with South Korea’s Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday. FILE PHOTO: FCA group CEO Sergio Marchionne speaks during the Alfa Rom...

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Carding Kingpin Sentenced Again. Yahoo Hacker Pleads Guilty

Roman Seleznev, a Russian man who is already serving a record 27-year sentence in the United States for cybercrime charges, was handed a 14-year sentence this week by a federal judge in Atlanta for his role in a credit card and identity theft conspiracy that prosecutors say netted more than $50 mill...

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Carding Kingpin Sentenced Again. Yahoo Hacker Pleads Guilty

Roman Seleznev, a Russian man who is already serving a record 27-year sentence in the United States for cybercrime charges, was handed a 14-year sentence this week by a federal judge in Atlanta for his role in a credit card and identity theft conspiracy that prosecutors say netted more than $50 mill...

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UK cyber agency targets Kaspersky in warning on Russian software

(Reuters) - Britain’s main cyber security agency on Friday warned British government agencies to avoid using anti-virus software from Russian companies, the latest in a series of moves targeting Moscow-based security software maker Kaspersky Lab. FILE PHOTO - A view shows the software produced...

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UK bans Kaspersky software from departments responsible for national security: FT

(Reuters) - The British government has banned its departments responsible for national security from using software made by Russia's Kaspersky Labs, the Financial Times reported on Friday, citing a letter sent to government officials. on.ft.com/2BuuWPU FILE PHOTO - A view shows the software produced...

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Tech firms tell patent court to ignore Allergan deal with tribe

(Reuters) - Over 30 technology companies including Alphabet Inc (GOOGL.O), Amazon.com Inc (AMZN.O) and Facebook Inc. (FB.O) on Friday urged a U.S. patent court to disregard drugmaker Allergan Plc’s (AGN.N) contention that its transfer of some of its patents to a Native American tribe shields t...

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Three Uber security managers resign after CEO criticizes practices

SAN FRANCISCO/WASHINGTON (Reuters) - Three senior managers in Uber Technologies Inc’s security unit resigned on Friday, an Uber spokesperson said, days after the company’s new chief executive officer disclosed a massive data breach and criticized past practices. FILE PHOTO: The Uber logo...

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Samsung to chase big M&A deals on three fronts, says strategy chief

HELSINKI (Reuters) - Samsung Electronics’ $8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more big deals, its strategy chief said on Friday. Samsung Electronics Chief Strategy Officer Young Sohn poses for a pictur...

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Intesa CEO warns of Bitcoin 'bubble', urges global regulation: TV

MILAN (Reuters) - The head of Italy’s top retail bank Intesa Sanpaolo (ISP.MI) joined a growing chorus of Bitcoin critics, calling the wild gyrations in the price of the cryptocurrency a speculative bubble and saying global regulatory scrutiny was essential. FILE PHOTO - Carlo Messina, CEO of ...

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Uber security executives depart after CEO criticizes practices

SAN FRANCISCO (Reuters) - Two of Uber Technologies Inc’s most senior remaining security executives resigned on Friday and another took medical leave after the company’s new chief executive officer criticized past practices, a source familiar with the situation said. FILE PHOTO: The Uber ...

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BlackBerry loses payment dispute with Nokia, to pay $137 million

HELSINKI/TORONTO (Reuters) - An arbitration court ordered smartphone pioneer BlackBerry Ltd to pay $137 million to Nokia to settle a payment dispute and the Canadian company said it would pursue a separate patent infringement case against the Finnish firm. FILE PHOTO - A banner for BlackBerry Ltd ha...

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BlackBerry to pay Nokia $137 million in payment dispute

(Reuters) - Canadian software maker BlackBerry Ltd (BB.TO) (BB.N) said on Friday that it would pay Nokia Corp $137 million, according to a ruling by the International Court of Arbitration. A banner for BlackBerry Ltd hangs to celebrate the company's transfer trading to the New York Stock Exchange (N...

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