Credit Card Breach at Kmart Stores. Again.

For the second time in less than three years, Kmart Stores is battling a malware-based security breach of its store credit card processing systems.  Last week I began hearing from smaller banks and credit unions who said they strongly suspected another card breach at Kmart. Some of th...

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Exclusive: SoftBank to let OneWeb-Intelsat merger collapse - sources

(Reuters) - Japan's SoftBank Group Corp will let the $14 billion merger between its satellite startup OneWeb and peer Intelsat SA fall through, after failing to get enough of Intelsat creditors to back it, people familiar with the matter said on Wednesday.

SoftBank invests in industrial software firm OSIsoft

SAN FRANCISCO (Reuters) - SoftBank Group Corp said on Wednesday it was taking a significant minority stake in OSIsoft LLC, a privately held maker of industrial software used to manage plants and factories.

Social media companies step up removals of online hate speech: EU

(Reuters) - Social media companies like Facebook, Twitter and Google’s YouTube have stepped up both the speed and number of removals of hate speech on their platforms in response to EU pressure to do more to tackle the issue, results of an EU evaluation seen by Reuters.

Uber posts $708 million loss, finance head leaves: Wall Street Journal

(Reuters) - Uber Technologies Inc's [UBER.UL] head of finance is leaving as the ride-hailing company reported continued big losses for the first quarter, the Wall Street Journal reported on Wednesday.

Cybersecurity firm Palo Alto's third quarter report eases sales fears, shares jump

(Reuters) - Cybersecurity company Palo Alto Networks Inc's results and forecast topped expectations, helped by a near record number of customer additions that also eased concerns about its sales execution at a time of heightened cyber security awareness in the wake of the recent WannaCry ransomware ...

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Toshiba moves back some chip unit assets to ward off Western Digital's legal claim

FILE PHOTO: The logo of Toshiba Corp is seen behind a traffic light at the company's headquarters in Tokyo, Japan March 29, 2017. REUTERS/Issei Kato/File Photo

Wild swings, lack of liquidity keeping U.S. funds out of bitcoin

NEW YORK (Reuters) - A lack of liquidity is keeping U.S.-based mutual fund managers from investing in bitcoin even as the digital currency hits record highs.

Africans never hung up on Nokia's old 'brick'

LAGOS (Reuters) - For Europeans, Nokia's revamped 'brick' is a throwback to a simpler, more innocent age, when phones were for speaking and reading on the train meant buying a newspaper.

UK takes step closer to national electric battery hub

COVENTRY, England (Reuters) - Britain is moving towards creating a new national development hub for electric car batteries with officials setting out plans for companies to work together to improve the technology, possibly paving the way for large-scale local production.

Nokia takes its relaunched 3310 'brick' home to Finland

HELSINKI (Reuters) - Nokia relaunched its simple but classic 3310 phone in its home market of Finland on Wednesday, hoping a wave of nostalgia may boost the brand as it expands into newer smartphones.

Blame game for cyber attacks grows murkier as spying, crime tools mix

FILE PHOTO: A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken March 1, 2017. REUTERS/Kacper Pempel/Illustration/File Photo

Parents have no right to dead child's Facebook account, German court says

FRANKFURT (Reuters) - A German court rejected a mother's demand on Wednesday that Facebook grant her access to her deceased daughter's account.

China says controversial cyber law not designed to cripple foreign firms

A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. REUTERS/Edgar Su

Google's Waze Carpool expands throughout California in first big test

A highway carpool lane sits empty as traffic makes its way into Los Angeles, California, U.S., March 29, 2017. REUTERS/Mike Blake

BA says IT collapse came after servers damaged by power problem

People wait with their luggage at the British Airways check in desks at Heathrow Terminal 5 in London, Britain May 28, 2017. REUTERS/Neil Hall

Toyota uses open-source software in new approach to in-car tech

FILE PHOTO : Akio Toyoda, president of Toyota Motor Corporation, introduces the 2018 Camry XSE (L) and the 2018 Camry XLE during the North American International Auto Show in Detroit, Michigan, U.S., January 9, 2017. REUTERS/Mark Blinch/File Photo

Continental unveils collaboration with Baidu on autonomous cars

A employee uses his mobile phone as he walks past the company logo of Baidu at its headquarters in Beijing, August 5, 2010. REUTERS/Barry Huang/File Photo

Online tutor Yuanfudao raises $120 million from Warburg Pincus, Tencent

HONG KONG (Reuters) - Chinese online tutoring company Yuanfudao said on Wednesday it raised $120 million from private equity firm Warburg Pincus and Tencent Holdings , putting it among a raft of unicorns valued at more than $1 billion in the world's second largest economy.

Rocket Internet sees start-ups on track for profitability

FILE PHOTO: Oliver Samwer, CEO of Rocket Internet, attends the Annual General Meeting of Rocket Internet SE in Berlin, Germany, June 9, 2016. REUTERS/Axel Schmidt