Thyssenkrupp sees connected elevators lifting profit

HANOVER, Germany (Reuters) - Thyssenkrupp sees the connection of elevators to the internet potentially lifting its profits by a double-digit million-euro amount, the head of its elevator business told Reuters in an interview.

Ericsson posts slightly wider loss than expected in first quarter

STOCKHOLM (Reuters) - Mobile telecom equipment maker Ericsson reported a slightly bigger than expected first-quarter operating loss on Tuesday and said industry trends and business mix in mobile broadband from 2016 were expected to prevail in 2017.

Exclusive: Vivendi to accelerate expansion in video games and advertising - sources

PARIS (Reuters) - French media giant Vivendi will accelerate acquisitions in video games and advertising this year to allay investor concerns about its strategy, mixed results and poor share performance, two sources close to the matter told Reuters.

ABB, IBM team up on industrial artificial intelligence

ZURICH (Reuters) - ABB has sealed a collaboration agreement with International Business Machines Corp, the Swiss engineering company said on Tuesday, the latest step in its efforts to ramp up its presence in digital technology and the internet of things.

Toshiba to start taking bids in June for its Swiss unit Landis+Gyr: Kyodo

TOKYO (Reuters) - Japan's Toshiba Corp will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported on Tuesday.

SAP core profit up 8 percent on acceleration in cloud product sales

FRANKFURT (Reuters) - SAP, Europe's largest software company, reported slightly lower-than-expected first-quarter core profit as it sold more of its cloud products, which are less profitable.

China targets production of two million new energy vehicles by 2020: industry ministry

BEIJING (Reuters) - China wants annual production and sales of new energy vehicles to reach 2 million by 2020, the industry ministry said on Tuesday.

Apple delays release of first original series 'Carpool Karaoke'

LOS ANGELES (Reuters) - Apple Inc's Apple Music has delayed the release of its first original video series, an adaptation of comedian James Corden's popular "Carpool Karaoke" segment, the company said.

Tom Hanks jokes Twitter CEO inspired his character in 'The Circle'

SAN FRANCISCO (Reuters) - Oscar-winning actor Tom Hanks, who plays a Silicon Valley tycoon in the new film "The Circle" about a powerful social media company, teased Twitter Inc Chief Executive Officer Jack Dorsey on Monday that he may have been inspiration for the part.

FCC chairman expected to unveil strategy to reverse net neutrality: sources

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission is expected to unveil his strategy this week to overturn landmark 2015 net neutrality rules, a move that will kickoff a new battle over the future of the internet.

Uber, France spar over whether company is a transport service

LUXEMBOURG (Reuters) - U.S. ride-hailing app Uber told Europe's top court on Monday that it was a digital service, not a transport service, and that a French law clearly targeted online taxi services, in its latest European legal battle with the taxi industry.

The Backstory Behind Carder Kingpin Roman Seleznev’s Record 27 Year Prison Sentence

Roman Seleznev, a 32-year-old Russian cybercriminal and prolific credit card thief, was sentenced Friday to 27 years in federal prison. That is a record punishment for hacking violations in the United States and by all accounts one designed to send a message to criminal hackers everywhere. But ...

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The Backstory Behind Carder Kingpin Roman Seleznev’s Record 27 Year Prison Sentence

Roman Seleznev, a 32-year-old Russian cybercriminal and prolific credit card thief, was sentenced Friday to 27 years in federal prison. That is a record punishment for hacking violations in the United States and by all accounts one designed to send a message to criminal hackers everywhere. But ...

Continue reading

will.i.am to mix tech know-how with banking at Britain's Atom

LONDON (Reuters) - Britain's Atom has hired pop star will.i.am as a strategic adviser to its board as the app-based bank seeks to grow.

Microsoft's Nadella banks on LinkedIn data to challenge Salesforce

SAN FRANCISCO (Reuters) - Microsoft Corp is rolling out upgrades to its sales software that integrates data from LinkedIn, an initiative that Microsoft CEO Satya Nadella told Reuters was central to the company's long-term strategy for building specialized business software.

Interpol-led operation finds nearly 9,000 infected servers in Southeast Asia

SINGAPORE (Reuters) - An anti-cybercrime operation by Interpol and investigators from seven southeast Asian nations revealed nearly 9,000 malware-laden servers and hundreds of compromised websites in the ASEAN region, Interpol said on Monday.

EU states push back against 25-year wireless spectrum licenses

(Reuters) - Germany and Italy are among 15 European Union member states pushing back against a proposal to set a 25-year minimum on wireless spectrum licenses, thwarting the telecoms industry's hopes for a more coordinated approach across the bloc.

Nikon files patent case against ASML, Carl Zeiss over lithography tech

People walk past a retailer of Nikon cameras and lenses in central Tokyo, Japan, April 22, 2016. REUTERS/Thomas Peter

Tesla’s big Model 3 bet rides on risky assembly line strategy

Tesla Motors' mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo

German cyber crime rose 80 percent in 2016: report

People wearing balaclavas are silhouetted as they pose with a laptops in front of a screen projected with the word 'cyber crime' and binary code, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic