(Reuters) - Verizon Communications Inc (VZ.N) on Wednesday said Marni Walden, executive vice president and president of global media, will leave the company in February 2018. Walden, the company’s top-ranking female executive, played a big role in Verizon’s acquisition of Yahoo and its m...
(Reuters) - U.S. fast-food chain operator Sonic Corp (SONC.O) said on Wednesday a malware attack at some of its drive-in outlets may have allowed hackers to access customers’ debit and credit card information, the latest in a string of data breaches. Sonic’s shares fell 2 percent to $24....
(Reuters) - A bipartisan group of U.S. lawmakers unveiled legislation on Wednesday that would overhaul aspects of the National Security Agency’s warrantless internet surveillance program in an effort to install additional privacy protections. The bill, which will be formally introduced as soon...
SAN FRANCISCO (Reuters) - Alphabet Inc’s Google (GOOGL.O) on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it competes with a surge of devices from Apple Inc (AAPL.O) and Amazon...
COPENHAGEN (Reuters) - Insurer Tryg (TRYG.CO) expects 90 percent of its corporate customers to buy cyber crime insurance within five years as the threat from hackers and viruses to crucial data and IT systems grows. Tryg, Denmark’s biggest insurer, has sold 5,000 cyber crime insurance policies...
BRUSSELS (Reuters) - Amazon (AMZN.O) on Wednesday was told to pay about 250 million euros ($294.38 million) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals. The fine was much lower than some sources close to the case had exp...
BRUSSELS (Reuters) - The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc (AAPL.O), a move labeled as “regrettable” by Dublin. The Commission ordered th...
BRUSSELS (Reuters) - The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc (AAPL.O). The Commission ordered the U.S. tech giant in August 2016 to pay the unpaid taxe...
BRUSSELS (Reuters) - The European Union ordered the world’s largest online retailer Amazon (AMZN.O) on Wednesday to pay back about 250 million euros ($294 million) in taxes to Luxembourg, saying it was given an unfair tax advantage from 2003. Joining other U.S. tech giants in the sights of EU ...
ATHENS (Reuters) - A Greek court cleared the way on Wednesday for the extradition to the United States of a Russian, also wanted by Moscow, suspected of laundering billions of dollars in digital currency bitcoin. Alexander Vinnik, the alleged mastermind of a $4 billion bitcoin laundering ring, is on...
NEW YORK (Reuters) - Commerzbank AG, Bank of Montreal, Erste Group Bank AG and CaixaBank SA have joined an initiative launched by UBS Group AG and IBM Corp aimed at building blockchain-based technology to support trade finance transactions. The platform called Batavia would help banks and their clie...
MUMBAI (Reuters) - India has approved smartphones maker Oppo’s request to open single-brand retail stores in the country, paving the way for the Chinese firm to sell directly to consumers and add to its existing wholesale business. The move would help Oppo expand its reach in the world’s...
Maybe you’ve been feeling left out because you weren’t among the lucky few hundred million or billion who had their personal information stolen in either the Equifax or Yahoo! breaches. Well buck up, camper: Both companies took steps to make you feel better today. Yahoo! announced that, ...
Maybe you’ve been feeling left out because you weren’t among the lucky few hundred million or billion who had their personal information stolen in either the Equifax or Yahoo! breaches. Well buck up, camper: Both companies took steps to make you feel better today. Yahoo! announced that, ...
(Reuters) - Russia-linked Facebook ads during last year’s U.S. presidential election mainly focussed on the states of Michigan and Wisconsin, CNN reported on Tuesday. The ads targeted key demographic groups and used divisive messages including promoting anti-Muslim sentiment, the report said, ...
SAN FRANCISCO (Reuters) - Uber Technologies Inc’s [UBER.UL] fractured board declared peace on Tuesday, attempting to put months of strife behind it by unanimously passing a series of measures to shore up corporate governance, bring in major investor SoftBank and diminish the power of former Ch...
(Reuters) - Yahoo on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, in a disclosure that attorneys said sharply increased the legal exposure of its new owner, Verizon Communications Inc (VZ...
SAN FRANCISCO (Reuters) - Uber Technologies Inc directors on Tuesday voted to allow Japan’s SoftBank Group to invest in the ride services company and approved a series of governance changes that increases the independence of the board and decreases the influence of former Chief Executive Offic...
(Reuters) - Yahoo, now part of Verizon Communications Inc (VZ.N), said on Tuesday that an investigation showed all 3 billion of its user accounts were affected in a 2013 data theft, tripling its earlier estimate of the largest breach in history. However, the company said the investigation indicated ...
WASHINGTON (Reuters) - Allowing foreign governments to require reviews of software secrets of technology products built by U.S. companies is “problematic,” the top White House cyber security official said on Tuesday, adding that the increasingly common arrangements presented both securit...
