Bank-backed R3 launches new version of its blockchain

NEW YORK (Reuters) - R3 CEV, a New York-based company that runs a consortium of banks, has released a new version of its blockchain platform that it hopes will make it easier for financial firms to use the nascent technology. The new version of the company’s platform called Corda includes a fe...

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Former Equifax chief will face questions from U.S. Congress over hack

WASHINGTON (Reuters) - U.S. lawmakers are due to question the former head of Equifax Inc (EFX.N) at a Tuesday hearing that could shed light on how hackers accessed the personal data of more than 140 million consumers. Richard Smith retired last week but the 57-year-old executive will answer for the ...

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Uber board set for contentious meeting over ex-CEO's power

SAN FRANCISCO (Reuters) - The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder’s influence, strip early investors of supervoting power and secure a multibill...

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Facebook says 10 million U.S. users saw Russia-linked ads

NEW YORK (Reuters) - Some 10 million people in the United States saw politically divisive ads on Facebook that the company said were purchased in Russia in the months before and after last year’s U.S. presidential election, Facebook said on Monday. Facebook, which had not previously given such...

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Uber boss to meet London transport chief in bid to keep license

LONDON (Reuters) - Uber’s new global boss Dara Khosrowshahi will meet London’s transport regulator on Tuesday in the taxi hailing app’s bid to keep its license in one of its most important foreign markets. Transport for London (TfL), which runs and regulates the capital’s tra...

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Equifax failed to patch security vulnerability in March: former CEO

WASHINGTON (Reuters) - Equifax Inc (EFX.N) was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO said in testimony to be delivered to Congress on Tuesday. “It...

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Tesla deliveries rise in third quarter, but Model 3 faces 'bottlenecks'

(Reuters) - Luxury electric vehicle maker Tesla Inc (TSLA.O) said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had left the company behind its planned ramp-up for the new Model 3 mass-market sedan. Tesla said...

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BlackBerry's patent strategy head exits, joins health tech firm -sources

TORONTO (Reuters) - The man who was leading BlackBerry Ltd’s efforts to make money from its patent portfolio has left to join a health technology company, two sources with knowledge of the move said on Monday. Mark Kokes left the Canadian company last month to join privately held NantWorks LLC...

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Top House Intelligence Democrat intends to make sample of Russia-bought Facebook ads public

WASHINGTON (Reuters) - The top Democrat on the House Intelligence Committee said on Monday he intended to make a “representative sampling” of Facebook Inc political ads believed to have been purchased by Russia available to the public later this month and that he hoped to make them all p...

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Roku slumps 11 percent, on track for first down day

SAN FRANCISCO (Reuters) - Roku’s (ROKU.O) stock tumbled 11 percent on Monday and was on track for its first loss since the music streaming company’s public listing last week, even after it unveiled a lineup of new devices. The Los Gatos, California company is riding a wave of consumers a...

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USPS ‘Informed Delivery’ Is Stalker’s Dream

A free new service from the U.S. Postal Service that provides scanned images of incoming mail before it is slated to arrive at its destination address is raising eyebrows among security experts who worry about the service’s potential for misuse by private investigators, identity thie...

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USPS ‘Informed Delivery’ Is Stalker’s Dream

A free new service from the U.S. Postal Service that provides scanned images of incoming mail before it is slated to arrive at its destination address is raising eyebrows among security experts who worry about the service’s potential for misuse by private investigators, identity thie...

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Ford creates team to ramp up electric vehicle development

(Reuters) - Ford Motor Co has formed a team to accelerate global development of electric vehicles, an executive said on Monday. One aim of Ford’s “Team Edison” is to identify and develop electric-vehicle partnerships with other companies, including suppliers, in some global markets...

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Facebook to hire 1,000 people to review ads after Russian buys

NEW YORK (Reuters) - Facebook Inc plans to hire 1,000 more people to review ads and ensure they meet its terms, as part of an effort to deter Russia and other countries from using the social media network to interfere in others’ elections, it said on Monday. Facebook said last month that it be...

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Apple faces down Qualcomm, Ericsson over EU patent fees

BRUSSELS (Reuters) - The European Union is drawing up guidelines on how much patent holders should charge for their technologies, a thorny issue that pits Apple and other users against Qualcomm and Ericsson. Trillions of dollars in sales are at stake as regulators ponder whether a fridge maker shoul...

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U.S. Supreme Court rejects Samsung appeal in warranty dispute

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday refused to consider a bid by Samsung Electronics Co Ltd (005930.KS) to force customers who have filed proposed class-action lawsuits against the company to arbitrate their claims instead of bringing them to court. The justices left intact a low...

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Exclusive: Uber's UK boss quits as firm battles to keep London license - email

LONDON (Reuters) - Uber’s [UBER.UL] top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it of its license in London, according to an email seen by Reuters. The British capital’s transport regulator deemed Uber unfit to run a taxi se...

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Facebook pulls page, limits posting for exiled Chinese tycoon Guo

SHANGHAI (Reuters) - Facebook has taken down a page affiliated with China’s highest profile fugitive, exiled billionaire Guo Wengui, and temporarily restricted his ability to post on his profile, citing violations of its community standards. Guo, who is living in New York, has been using socia...

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Uber board to consider vote to cut Kalanick influence: Bloomberg

(Reuters) - Directors at Uber Technologies Inc [UBER.UL] plan to vote on board reforms and whether to pursue a major stock deal with SoftBank Group Corp (9984.T) on Tuesday, Bloomberg reported on Monday, citing sources familiar with the matter. The moves could potentially reshape the ride-hailing co...

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Smartphones made in India? Manufacturing ambition hits hurdles

NEW DELHI (Reuters) - India’s ambitions to become a smartphone-making powerhouse are foundering over a lack of skilled labor and part suppliers along with a complex tax regime, industry executives say. Prime Minister Narendra Modi has championed a manufacturing drive, under the slogan ‘M...

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