SEOUL (Reuters) - South Korea's LG Chem Ltd is slated to exclusively provide batteries for Apple's iPhone 9 which is likely to be launched next year, a Korean newspaper reported on Friday. LG Chem has invested hundreds of billions of won in a dedicated line for the purpose and will produce "L-shaped...
SAN FRANCISCO (Reuters) - Microsoft on Thursday reported strong fourth-quarter earnings on the back of its fast-growing cloud computing business, stoking optimism that the once-stagnant company has found a new groove. The results were the clearest sign yet that the strategy put in place by Chief Exe...
(Reuters) - A group representing major technology companies has aligned itself against Qualcomm Inc in its legal dispute with Apple Inc by calling on regulators to reject Qualcomm's bid to ban the import of iPhones. A lobbying group that represents Alphabet Inc's Google, Amazon.com Inc, Microsoft Co...
SAN FRANCISCO (Reuters) - A potential flood of newly available Snap shares is weighing on Wall Street's already shaky support for the owner of the Snapchat social media app. Snap's (SNAP.N) shares fell as much as 1.7 percent on Thursday as analysts focused on the expiry of lock-up periods starting a...
Following today’s breaking news about U.S. and international authorities taking down the competing Dark Web drug bazaars AlphaBay and Hansa Market, KrebsOnSecurity caught up with the Dutch investigators who took over Hansa on June 20, 2017. When U.S. authorities shuttered AlphaBay on July...
Following today’s breaking news about U.S. and international authorities taking down the competing Dark Web drug bazaars AlphaBay and Hansa Market, KrebsOnSecurity caught up with the Dutch investigators who took over Hansa on June 20, 2017. When U.S. authorities shuttered AlphaBay on July...
Earlier this month, news broke that authorities had seized the Dark Web marketplace AlphaBay, an online black market that peddled everything from heroin to stolen identity and credit card data. But it wasn’t until today, when the U.S. Justice Department held a press conference to detail t...
Earlier this month, news broke that authorities had seized the Dark Web marketplace AlphaBay, an online black market that peddled everything from heroin to stolen identity and credit card data. But it wasn’t until today, when the U.S. Justice Department held a press conference to detail t...
SAN FRANCISCO (Reuters) - Entrepreneur Elon Musk on Thursday said that he had received "verbal government approval" to build an underground transport hyperloop between New York and Washington, D.C., although he did not say who gave the approval or how any such project would proceed. Musk, the outspo...
MOSCOW/LONDON (Reuters) - Moscow and Washington are in talks to create a joint cyber security working group, Russia's RIA news agency reported on Thursday, citing Andrey Krutskikh, a special presidential envoy on cyber security. "The talks are underway ... different proposals are being exchanged, no...
WASHINGTON (Reuters) - The U.S. Justice Department on Thursday said law enforcement would shut down the dark web marketplace AlphaBay, saying it allowed thousands of vendors to sell illegal drugs. AlphaBay mysteriously went offline earlier this month. It was widely considered the biggest online blac...
(Reuters) - Sears Holdings Corp's shares soared 20 percent after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital assistant. The deal will expand the distribution reach of Kenmore produc...
BEIJING (Reuters) - A Chinese telecoms carrier said it had begun closing virtual private networks (VPNs) and other tools that can bypass the so-called Great Firewall, which state authorities use to filter and block traffic between Chinese and overseas servers. A spokesman for Guangzhou Huoyun Inform...
MOSCOW (Reuters) - Moscow and Washington are in talks to create a joint cyber security working group, RIA news agency reported on Thursday, citing Russia's special envoy on cyber security Andrey Krutskikh. Russia said last week that Donald Trump and Vladimir Putin had discussed forming a group on cy...
COPENHAGEN (Reuters) - A.P. Moller-Maersk (MAERSKb.CO) said on Thursday its anti-virus software was not effective against a new type of malware that hit the Danish shipping giant last month, but said further protective measures have now been put in place. "This virus attack was a previously unseen t...
TORONTO (Reuters) - BlackBerry Ltd said on Thursday it has won the right to sell tools for encrypting phone calls and text messages to the U.S. federal government, garnering an endorsement from the National Security Agency for the products. The company said it received the endorsement from the NSA's...
BEIJING (Reuters) - China unveiled a national artificial intelligence (AI) development plan on Thursday, and said it expects the value of its core AI industries to exceed 150 billion yuan by 2020 and 400 billion yuan ($59.07 billion) by 2025. China will look to be an international leader in AI techn...
PARIS (Reuters) - France's fast-growing fintech sector is optimistic the country's dynamic new president will push it up the global rankings. But startups based in London do not yet seem ready to swap that key hub for Paris, even if they have French roots. The nascent industry, ranging from mobile p...
PARIS (Reuters) - French payments specialist Ingenico is to buy rival Bambora from Nordic Capital for 1.5 billion euros ($1.7 billion), in the latest takeover deal to sweep the payments sector. The acquisition of Stockholm-headquartered Bambora, which had gross revenues of 202 million euros in 2016,...
FRANKFURT (Reuters) - SAP, Europe's most valuable technology firm, posted rapid growth in its cloud services business in both revenue as well as expenses, putting a damper on its quarterly operating profit, which came in slightly below expectations. The German company reported revenue for the second...
