Wall Street technology share selloff leaves Apple bruised

The audience assembles before the start of Apple's annual developer conference in San Jose, California, U.S. June 5, 2017. REUTERS/Stephen Lam

Snap's share price sinks, trades just above IPO price

FILE PHOTO: A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City, New York, U.S. on March 2, 2017. REUTERS/Lucas Jackson/File Photo - RTS1686M

Inside a Porn-Pimping Spam Botnet

For several months I’ve been poking at a decent-sized spam botnet that appears to be used mainly for promoting adult dating sites. Having hit a wall in my research, I decided it might be good to publish what I’ve unearthed so far to see if this dovetails with any other research out there...

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Inside a Porn-Pimping Spam Botnet

For several months I’ve been poking at a decent-sized spam botnet that appears to be used mainly for promoting adult dating sites. Having hit a wall in my research, I decided it might be good to publish what I’ve unearthed so far to see if this dovetails with any other research out there...

Continue reading

Verizon to incur $500 million in pre-tax costs from Yahoo deal

FILE PHOTO: A combination photo shows Yahoo logo in Rolle, Switzerland (top) in 2012 and a Verizon sign at a retail store in San Diego, California, U.S. In 2016. REUTERS/File Photos/

Twitter rolls out tweaks to its website, mobile applications

(Reuters) - Twitter Inc said it would roll out a series of tweaks to its website and mobile applications from Thursday to further simplify the microblogging service's interface for its users.

Swiss still top U.N. innovation ranking but emerging markets climbing

GENEVA (Reuters) - Emerging markets are climbing up the ranks of the world's most innovative nations, an annual U.N. survey showed on Thursday, although wealthy Western countries led by Switzerland still dominate the top spots.

Warburg Pincus to buy 43 percent in India's Tata Tech for $360 million

MUMBAI (Reuters) - An affiliate of private equity firm Warburg Pincus will buy an about 43 percent stake in Indian engineering outsourcing provider Tata Technologies Ltd for $360 million.

Robotics startup ZMP partners with Tokyo taxi firm for 2020 self-driving car plans

TOKYO (Reuters) - Japanese robotics maker ZMP Inc has partnered with a taxi operator in Tokyo, as part of its plans to launch a self-driving taxi in the city in time for the 2020 Olympics, CEO Hisashi Taniguchi said on Thursday.

France's startup scene gains traction, led by state investment bank

PARIS (Reuters) - France's corporate startup scene is gaining traction against the backdrop of booming investments by venture capital funds and high expectations for a business friendly government under new President Emmanuel Macron.

Messaging startup Slack said to draw interest from Amazon: Bloomberg

(Reuters) - Slack Technologies Inc, a corporate messaging and collaboration software startup, has received inquiries about a potential takeover from technology companies including Amazon.com Inc, Bloomberg reported on Thursday.

Uber's trucking ambitions in lower gear after Otto deal

SAN FRANCISCO (Reuters) - Uber Technologies Inc's drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling $700-billion industry.

Western Digital seeks court injunction to block sale of Toshiba chip unit

TOKYO (Reuters) - Western Digital Corp has sought a court injunction to prevent Toshiba Corp from selling its chip business without the U.S. firm's consent - a move that threatens to throw the fiercely contested auction into disarray.

AIG teams with IBM to use blockchain for 'smart' insurance policy

(Reuters) - Insurer American International Group Inc has partnered with International Business Machines Corp to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, the companies said on Wednesday.

Uber's open COO job in the spotlight amid leadership void

SAN FRANCISCO (Reuters) - With Chief Executive Travis Kalanick taking a leave of absence from Uber Technologies Inc, the vacant job of chief operating officer takes on a lot more importance as the company frames the position as key to solving its woes.

Google bets on European biotech drugs, backs new fund

LONDON (Reuters) - Google is betting on the potential of European biotech companies to deliver life-changing drugs by investing alongside Swiss company Novartis in a new $300 million fund run by leading life sciences investment firm Medicxi.

Goldman-backed startup Circle launches no-fee foreign payments service

PARIS/NEW YORK (Reuters) - Blockchain-based payments startup Circle Internet Financial on Thursday launched an international online money transfer service that allows people in the United States and Europe to send money to each other instantly and at no cost as it seeks to tear down borders in the p...

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Cummins to make electric powertrains for city buses in 2019

(Reuters) - Engine maker Cummins Inc plans to start production of electric powertrains for transit buses in cities around the world in 2019, executives said on a conference call on Wednesday.

Mattel plays with digital toys to triple China business

(Reuters) - Mattel Inc expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on LEGO Group and Hasbro Inc in the country.

Racist post fines on social media firms illegal: German parliament body

BERLIN (Reuters) - A draft law approved by the German government allowing social network companies to be fined if they failed to remove racist posts and fake news quickly infringes on the constitutional right to freedom of expression, a parliamentary body has found.