Carbon Emissions: Oversharing Bug Puts Security Vendor Back in Spotlight

Last week, security firm DirectDefense came under fire for over-hyping claims that Cb Response, a cybersecurity product sold by competitor Carbon Black, was leaking proprietary from customers who use it. Carbon Black responded that the bug identified by its competitor was a feature, and that cu...

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Carbon Emissions: Oversharing Bug Puts Security Vendor Back in Spotlight

Last week, security firm DirectDefense came under fire for over-hyping claims that Cb Response, a cybersecurity product sold by competitor Carbon Black, was leaking proprietary from customers who use it. Carbon Black responded that the bug identified by its competitor was a feature, and that cu...

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Nestle defends 'Kit Kat' campaign against Atari 'Breakout' lawsuit

(Reuters) - Nestle SA on Friday paddled back claims in a new lawsuit in which Atari SA accused the Swiss food company of pilfering its classic 1970s video game "Breakout" to help sell Kit Kat chocolate-covered wafer bars. Nestle damaged Atari's goodwill and reputation on Facebook, Twitter and televi...

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AT&T considers sale of home security business: sources

(Reuters) - AT&T Inc (T.N) is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc (TWX.N), people familiar with the matter said. The divestiture would mark a reversal ...

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China Unicom's $12 billion ownership-reforms plan mired in confusion

HONG KONG (Reuters) - Telecoms group China Unicom's $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising details persisting. The state-owned group had announced on We...

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Top fund investors pumped brakes on fast-rising Tesla: filings

BOSTON (Reuters) - Top Tesla Inc (TSLA.O) investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year. Sellers included Fidelity funds like Fidelity OTC Portfolio,...

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Ukraine central bank warns of new cyber-attack risk

KIEV (Reuters) - The Ukrainian central bank said on Friday it had warned state-owned and private lenders of the appearance of new malware as security services said Ukraine faced cyber attacks like those that knocked out global systems in June. The June 27 attack, dubbed NotPetya, took down many Ukra...

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China's Lenovo warns of cost challenges as it sinks to Q1 loss

HONG KONG (Reuters) - Chinese personal computer maker Lenovo Group Ltd warned of higher costs and margin pressure due to shortages of components like memory chips, as it posted its first quarterly loss in almost two years on Friday.

Former Uber CEO says investor lawsuit a 'public and personal attack'

SAN FRANCISCO (Reuters) - The ousted chief executive officer of Uber Technologies Inc called a lawsuit filed against him by one of the company's top investors a "public and personal attack" without merit, according to court documents filed late on Thursday. Venture capital firm Benchmark Capital, wh...

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Blowing the Whistle on Bad Attribution

The New York Times this week published a fascinating story about a young programmer in Ukraine who’d turned himself in to the local police. The Times says the man did so after one of his software tools was identified by the U.S. government as part of the arsenal used by Rus...

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Blowing the Whistle on Bad Attribution

The New York Times this week published a fascinating story about a young programmer in Ukraine who’d turned himself in to the local police. The Times says the man did so after one of his software tools was identified by the U.S. government as part of the arsenal used by Rus...

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Infosys CEO Vishal Sikka resigns; company names interim chief executive

(Reuters) - India's No. 2 IT Services company Infosys Ltd (INFY.NS) said Vishal Sikka had resigned as managing director and chief executive of the company with immediate effect, sending shares tumbling more than 7 percent in early trading on Friday. The move comes after a protracted war of words bet...

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U.S. digital rights group slams tech firms for barring neo-Nazis

SAN FRANCISCO (Reuters) - A digital rights group based in San Francisco on Thursday criticized several internet companies for removing neo-Nazi groups from servers and services, saying the actions threatened free expression online. GoDaddy Inc, Alphabet's Google, security firm Cloudflare and other t...

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Lenovo says more confident it can achieve mobile turnaround goal

HONG KONG (Reuters) - Chinese personal computer maker Lenovo Group Ltd is more confident it can achieve its turnaround goal for its mobile business in the second half of fiscal year 2018, Chairman and Chief Executive Yang Yuanqing told Reuters on Friday.

YouTube TV expands to 14 new markets, partners with Sinclair stations

(Reuters) - Alphabet Inc's (GOOGL.O) Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday. YouTube is broadening access to live TV streaming as y...

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Facebook tests adding news stories customized to users' interests

SAN FRANCISCO (Reuters) - Facebook Inc is testing a feature in the Facebook News Feed that provides customized links to news on topics of interest to individual users, as the company continues to search for ways to increase the amount of time that people spend using the world's largest social media ...

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ThoughtSpot raises $60 million, ends funding round for artificial intelligence technology

SAN FRANCISCO (Reuters) - Silicon Valley technology company ThoughtSpot has completed a $120 million funding round to fuel the start-up's new artificial intelligence endeavor. ThoughtSpot, based in Palo Alto, California, said on Thursday it had raised $60 million from investors in a financing round ...

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U.S. e-sports platform to launch $100 million cryptocurrency sale in September

NEW YORK (Reuters) - Unikrn, a U.S. sports betting digital platform backed by some of the biggest names in media, entertainment and sports, will launch the sale of $100 million in cryptocurrency next month, the company's co-founder and chief executive officer, Rahul Sood, told Reuters in an intervie...

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U.S. appeals court rules for Uber in arbitration dispute

NEW YORK (Reuters) - A U.S. appeals court on Thursday ruled in favor of Uber Technologies Inc [UBER.UL] in a lawsuit over whether passengers gave up their right to sue the company when they registered for its taxi-hailing service, The 2nd U.S. Circuit Court of Appeals in New York vacated a lower cou...

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Pershing Square's Ackman says ADP needs to streamline

BOSTON/NEW YORK (Reuters) - Activist investor William Ackman laid out his case for changes at Automatic Data Processing Inc (ADP.O) on Thursday, saying the payroll processor needs to improve its profit margins and integrate its business lines. Ackman's hedge fund Pershing Square Capital Management d...

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