Head of Facebook's secretive hardware unit to step down

(Reuters) - Regina Dugan, the head of Facebook Inc’s secretive hardware unit, will step down early next year, she said on Tuesday. “I will be leaving Facebook to focus on building and leading a new endeavor,” Dugan wrote on Facebook. Earlier this year, Facebook provided a peek into...

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Exclusive: Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) - Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. The company did not di...

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U.S. online retail sales likely to surpass $1 trillion by 2027: FTI

CHICAGO (Reuters) - U.S. online retail sales will surpass $1 trillion by 2027 compared with $445 billion this year, according to a forecast by business advisory firm FTI Consulting Inc, as more Americans move away from brick-and-mortar stores. Online sales will grow at a compound annual rate of 12 p...

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Google launches advanced Gmail security features for high-risk users

(Reuters) - Alphabet’s Google Inc said on Tuesday that it would roll out an advanced protection program in order to provide stronger security for some users such as government officials and journalists who are at a higher risk of being targeted by hackers. The internet giant said that users of...

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Mexico tech industry benefits from U.S. anti-immigration stance

SAN FRANCISCO/MEXICO CITY (Reuters) - Amazon, Facebook and other U.S. tech companies are expanding operations south of the border as Mexico works to capitalize on the Trump administration’s anti-immigration stance. Since the beginning of the year, Amazon.com Inc (AMZN.O) has opened a new engin...

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PayPal rolls out Venmo payments to its U.S. retailers

NEW YORK (Reuters) - PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week, seeking to broaden its reach with a brand that has been a hit with young people. Venmo, which has been part of PayPal since 2013, is one...

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Patently tough: Long road ahead for Qualcomm in China case against Apple

SHANGHAI/BEIJING (Reuters) - Qualcomm Inc (QCOM.O) wants to hit Apple Inc (AAPL.O) where it hurts most: iPhone sales in China - one of its biggest global markets where most of its flagship smartphones are made. The U.S. chipmaker’s legal gambit to ban sales and manufacturing of iPhones could c...

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Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) - Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. The company did not di...

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Netflix adds more subscribers than expected, shares hit record

(Reuters) - Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television expands globally. Shares of the world’s leading online video streaming service...

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Facebook buys teen app tbh

(Reuters) - Facebook Inc (FB.O) has acquired tbh, an app popular among teens, as the world’s largest social network looks to attract more users. The app, an acronym for “To be Honest”, allows users to anonymously answer multiple choice questions about friends, who then receive the ...

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What You Should Know About the ‘KRACK’ WiFi Security Weakness

Researchers this week published information about a newfound, serious weakness in WPA2 — the security standard that protects all modern Wi-Fi networks. What follows is a short rundown on what exactly is at stake here, who’s most at-risk from this vulnerability, and what organizations and...

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What You Should Know About the ‘KRACK’ WiFi Security Weakness

Researchers this week published information about a newfound, serious weakness in WPA2 — the security standard that protects all modern Wi-Fi networks. What follows is a short rundown on what exactly is at stake here, who’s most at-risk from this vulnerability, and what organizations and...

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North Korea likely behind Taiwan SWIFT cyber heist: BAE

TORONTO (Reuters) - Cyber-security firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system. “The likely culprit is Lazarus,&rdquo...

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Netflix subscriber adds beat estimates as original shows lure viewers

(Reuters) - Video-streaming pioneer Netflix Inc added more subscribers than expected in the third quarter as original shows such as the latest season of “Narcos” helped attract more viewers. The company’s shares, which touched a record high on Monday, rose nearly 2 percent to $206....

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Netflix subscriber adds beat St. as original shows pull in new viewers

(Reuters) - Video-streaming pioneer Netflix Inc added more subscribers than expected in the third quarter as original shows such as the latest season of “Narcos” helped attract more viewers. The company added 4.45 million subscribers in its international markets in the quarter ended Sept...

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Android co-creator's startup sued over connector technology

(Reuters) - Two of the best-known names in the smartphone hardware business are squaring off in court over new technology that allows phones to connect to devices like cameras without wires or metal connectors. Privately owned Keyssa Inc, backed by iPod co-creator Tony Fadell is suing Essential Prod...

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Adobe warns that hackers are exploiting its Flash software

TORONTO (Reuters) - Adobe Systems Inc warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks. The warning came after cyber security firm Kaspersky Lab I...

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Kaspersky finds bug in Adobe Flash

(Reuters) - Cyber security firm Kaspersky Lab Inc said on Monday it identified a vulnerability in Adobe Flash that could be used to deploy a surveillance malware through a Microsoft Word document. The bug was used in an attack on Oct. 10 by a group called the BlackOasis, Kaspersky said. Adobe said i...

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U.S. buyers favor iPhone 7 over 8: research

(Reuters) - Apple Inc’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital Markets said, citing carrier store surveys. Traditionally, new editions of the iPhone have sold quickly as fans queue fo...

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U.S. Supreme Court to decide major Microsoft email privacy fight

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to resolve a major privacy dispute between the Justice Department and Microsoft Corp (MSFT.O) over whether prosecutors should get access to emails stored on company servers overseas. The justices will hear the Trump administration’...

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