How a Citadel Trojan Developer Got Busted

A U.S. District Court judge in Atlanta last week handed a five year prison sentence to Mark Vartanyan, a Russian hacker who helped develop and sell the once infamous and widespread Citadel banking trojan. This fact has been reported by countless media outlets, but far less well known is the fascinat...

Continue reading

How a Citadel Trojan Developer Got Busted

A U.S. District Court judge in Atlanta last week handed a five year prison sentence to Mark Vartanyan, a Russian hacker who helped develop and sell the once infamous and widespread Citadel banking trojan. This fact has been reported by countless media outlets, but far less well known is the fascinat...

Continue reading

Adobe to pull plug on Flash, ending an era

SAN FRANCISCO (Reuters) - Adobe Systems Inc's Flash, a once-ubiquitous technology used to power most of the media content found online, will be retired at the end of 2020, the software company announced Tuesday. Adobe, along with partners Apple Inc, Microsoft Corp, Alphabet Inc's Google, Facebook In...

Continue reading

Tesla Model S regains top safety rating after software update: Consumer Reports

(Reuters) - Tesla Inc's Model S sedan regained Consumer Reports' top safety rating, the magazine said on Tuesday, after the automaker updated the emergency braking system on the vehicle. Tesla provided an over-the-air update in July to its software on the Model S to include automatic emergency braki...

Continue reading

House panel wants Google, Facebook, AT&T CEOs to testify on internet rules

WASHINGTON (Reuters) - The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked the chief executives of Alphabet Inc, Facebook Inc, Amazon.com Inc, AT&T Inc, Verizon Communications Inc and other companies to testify at a Sept. 7 hearing on the future of net neutrality rules....

Continue reading

ABC News to target millennials with social video partnership

(Reuters) - Walt Disney Co's (DIS.N) ABC News on Tuesday launched a partnership with millennial-focused video news site ATTN: to co-produce videos for social media including Facebook Inc's (FB.O) Instagram and for Twitter Inc (TWTR.N). The two will use ABC's footage and equipment to produce stories ...

Continue reading

Investors unhappy as Alphabet shells out more to drive traffic

(Reuters) - There are very few things that make Alphabet Inc's (GOOGL.O) investors unhappy. A rising TAC - the cost of driving traffic to its site - is one of them. Google-parent Alphabet, which has enjoyed revenue growth rate of over 20 percent for the past five quarters, said on Monday that TAC, o...

Continue reading

Nielsen to track Hulu Live TV, YouTube TV viewing in U.S. ratings

(Reuters) - Nielsen Holdings Plc (NLSN.N) will begin including Hulu Live TV and Google's YouTube TV viewing in its TV ratings in the United States in an effort to capture the shift from traditional broadcast to watching shows on laptops or smartphones, the company said on Tuesday. All programming on...

Continue reading

Say cheese! New Singapore air terminal automates departures with face recognition

SINGAPORE (Reuters) - When a new terminal opens in 2017 at Singapore's Changi Airport, the world's best for five years straight according to a survey, passengers will be able to, in theory, go through check-in to boarding without speaking to another person. Automation is important for the city-state...

Continue reading

Uber ties up with AXA for workers' accident cover in France

PARIS (Reuters) - Uber and insurance group AXA (AXAF.PA) on Tuesday announced a partnership to offer accident cover for drivers who work for the ride hailing service in France. In France, as in other countries, Uber has come in for criticism from lawmakers, workers' rights activists and traditional ...

Continue reading

LG Display to invest $7 billion in OLED production, second-quarter profit jumps

SEOUL (Reuters) - South Korea's LG Display Co Ltd (034220.KS) said on Tuesday it will invest 7.8 trillion won ($7 billion) in production facilities to make both large and small organic light-emitting diode (OLED) panels. LG Display said in a separate filing it will also increase capacity for large O...

Continue reading

Toyota set to sell long-range, fast-charging electric cars in 2022: paper

TOKYO (Reuters) - Toyota Motor Corp is working on an electric car powered by a new type of battery that significantly increases driving range and reduces charging time, aiming to begin sales in 2022, the Chunichi Shimbun daily reported on Tuesday. Toyota's new electric car, to be built on an all-new...

Continue reading

Qualcomm accuses tech group of 'misdirecting' trade regulators

(Reuters) - Qualcomm Inc fired back in its case against Apple Inc on Monday, accusing its critics of waging a "coordinated effort aimed at misdirecting" trade regulators. Earlier this month, Qualcomm filed a complaint with the U.S. International Trade Commission seeking to ban iPhones that use chips...

Continue reading

Alphabet profit slumps on record $2.7 billion EU fine

(Reuters) - Alphabet Inc (GOOGL.O) reported a 27.7 percent drop in quarterly profit as the company recorded a previously announced charge related to a record $2.7 billion fine imposed on its Google unit by the EU. The company's net income fell to $3.52 billion, or $5.01 per Class A and B share and C...

Continue reading

EU increases pressure on Facebook, Google and Twitter over user terms

BRUSSELS (Reuters) - European Union authorities have increased pressure on Facebook, Google and Twitter to amend their user terms to bring them in line with EU law after proposals submitted by the tech giants were considered insufficient. The European Commission and consumer protection authorities i...

Continue reading

Alphabet appoints Google CEO Pichai to board

(Reuters) - Alphabet Inc said it appointed chief executive of its Google unit, Sundar Pichai, to its board. The company's board also includes founders Larry Page and Sergey Brin. Alphabet is set to report second quarter earnings on Monday after markets close. [bit.ly/2tU9lwf] Alphabet shares were sl...

Continue reading

Organic ranchers eye Amazon distribution ahead of Whole Foods deal

(Reuters) - Amazon.com Inc plans to meet on Wednesday with a dozen U.S. ranchers, seeking to expand distribution of organic and grass-fed meats as it takes over Whole Foods Market Inc, according to the meeting's organizer. Analysts and investors have speculated that Amazon is aiming to combine its e...

Continue reading

Jana Partners invests in Pandora seeing growth opportunity

NEW YORK (Reuters) - Jana Partners has made an investment in Pandora Media Inc., according to a person familiar with the matter, seeing the stock as under-valued with an opportunity to grow its advertising revenue. The size of Jana's stake is unclear. Jana Partners declined to comment. Bloomberg New...

Continue reading

Digital revolution: student touts prosthetic third thumb

LONDON (Reuters) - "I've only got one pair of hands", is the refrain of overworked office staff or stressed parents everywhere. But now a design student is suggesting that it could be possible to have more, with a prosthetic third thumb to aid productivity. The thumb is the brainchild of Dani Clode,...

Continue reading

Exclusive: Spotify, Warner hope to clinch royalty deal by September - sources

LONDON (Reuters) - Music streaming company Spotify is close to agreeing a new licensing pact with Warner Music Inc, the last big music royalty deal it needs before pushing ahead with a U.S. stock market listing, four sources familiar with the situation said. The parties are positive a deal could be ...

Continue reading