Facebook to launch election integrity effort in Canada

TORONTO (Reuters) - Facebook Inc (FB.O), under pressure over its role in possible Russian meddling in last year’s U.S. presidential election, said it plans an election integrity initiative to protect Canada’s next vote from cyber threats. Karina Gould, Canada’s minister of democrat...

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Oracle reports 6.9 percent rise in quarterly revenue

(Reuters) - Oracle Corp reported a 6.9 percent rise in quarterly revenue, helped by the company’s aggressive push into the cloud. The company’s net income rose to $2.21 billion, or 52 cents per share, in the first quarter ended Aug. 31 from $1.83 billion, or 43 cents per share, a year ea...

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Kaspersky Lab co-founder invited to testify to Congress later this month

WASHINGTON (Reuters) - Eugene Kaspersky, the co-founder and chief executive of Moscow-based anti-virus firm Kaspersky Lab, was invited on Thursday to testify to U.S. lawmakers later this month over the security of its products. The U.S. House of Representatives Science, Space and Technology Committe...

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Lawsuit accuses Google of bias against women in pay, promotions

(Reuters) - Three female former employees of Alphabet Inc’s (GOOGL.O) Google filed a lawsuit on Thursday accusing the tech company of discriminating against women in pay and promotions. The proposed class action lawsuit, filed in California state court in San Francisco, comes as Google is faci...

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Uber, Waymo clash over key evidence in self-driving trial

SAN FRANCISCO (Reuters) - Uber has asked a U.S. judge to exclude evidence from an upcoming trade-secrets trial about how a former engineer downloaded thousands of confidential files from Alphabet Inc’s Waymo self-driving car unit before eventually joining Uber. Uber’s request was contain...

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Equifax Hackers Stole 200k Credit Card Accounts in One Fell Swoop

Visa and MasterCard are sending confidential alerts to financial institutions across the United States this week, warning them about more than 200,000 credit cards that were stolen in the epic data breach announced last week at big-three credit bureau Equifax. At first glance, the private ...

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Equifax Hackers Stole 200k Credit Card Accounts in One Fell Swoop

Visa and MasterCard are sending confidential alerts to financial institutions across the United States this week, warning them about more than 200,000 credit cards that were stolen in the epic data breach announced last week at big-three credit bureau Equifax. At first glance, the private ...

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U.S. action against Kaspersky Lab is unfair competition: Kremlin

MOSCOW (Reuters) - U.S. action against Kaspersky Lab is designed to undermine the competitive position of Russian firms worldwide and amounts to unfair competition, Kremlin spokesman Dmitry Peskov told reporters on Thursday. Peskov was speaking after the Trump administration on Wednesday told U.S. g...

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FTC probes Equifax; top Democrat likens it to Enron

WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Thursday it was investigating Equifax Inc’s (EFX.N) massive data breach, a rare public confirmation, as a top Democrat suggested the credit-monitoring company’s corporate leaders might need to resign. Senate Democratic Lead...

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Bitcoin exchange BTCChina says to stop trading, sparking further slide

BEIJING/SHANGHAI/LONDON (Reuters) - Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month. China has boomed as...

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Federal Trade Commission probes Equifax hack, shares tumble

WASHINGTON (Reuters) - The Federal Trade Commission said on Thursday it has opened an investigation into the massive data breach at Equifax Inc (EFX.N), in a rare public disclosure that sent shares tumbling to their lowest in more than two years. “The FTC typically does not comment on ongoing ...

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London Mayor tight-lipped on pending Uber license decision

LONDON (Reuters) - London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards. Uber, which has faced protests from driv...

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Facebook won't make cars, Sandberg reassures Germany

FRANKFURT (Reuters) - Facebook’s (FB.O) Chief Operating Officer Sheryl Sandberg went on a charm offensive in Germany on Thursday, telling the country’s powerful automakers that the world’s biggest social network does not want to compete with them. “I come with very good news....

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London Mayor gives nothing away on pending Uber license decision

LONDON (Reuters) - London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards. Uber, which has faced protests from driv...

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France sees more EU states joining push over tax on online giants

PARIS (Reuters) - French Finance Minister Bruno Le Maire said he expected more EU countries to join in the coming days a French-led push to tighten the taxation of online giants like Google and Amazon. Germany, Italy and Spain have already signed onto a French proposal that digital multinationals su...

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SoftBank's Vision Fund considers $500 million investment in ZhongAn IPO: IFR

HONG KONG (Reuters) - SoftBank Vision Fund, the world’s largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co Ltd, China’s first internet-only insurer, IFR reported on Thursday, ...

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Google to launch mobile payment service in India: report

(Reuters) - Google plans to introduce a localized digital payment service in India as early as next week, technology website TechCrunch reported, citing a report from news site The Ken. The payment service, called Google 'Tez', will offer payment options beyond the existing ones like Google Wallet o...

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Toshiba says Western Digital overstating rights over chip business

TOKYO (Reuters) - Toshiba Corp (6502.T) said its business partner Western Digital Corp (WDC.O) had been “persistently” overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale. The stateme...

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Toshiba says Western Digital overstates its rights over chip business

TOKYO (Reuters) - Toshiba Corp (6502.T) said business partner Western Digital Corp (WDC.O) overstated its rights over a chip business unit that the Japanese conglomerate was trying to sell, showing the two sides remained at loggerheads over the $18 billion auction. Toshiba said on Wednesday that it ...

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Equifax says web server vulnerability led to hack

(Reuters) - Credit reporting company Equifax Inc blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers. The massive data breach had exposed valuable information to hac...

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