China's Ant seeks to allay MoneyGram security fears

BEIJING (Reuters) - China's Ant Financial tried to soothe security concerns about its proposed $880 million takeover MoneyGram International Inc on Thursday, saying it intends to store U.S. user data locally once the deal closes.

Self-Proclaimed ‘Nuclear Bot’ Author Weighs U.S. Job Offer

The author of a banking Trojan called Nuclear Bot — a teenager living in France — recently released the source code for his creation just months after the malware began showing up for sale in cybercrime forums. Now the young man’s father is trying to convince him not...

Continue reading

Self-Proclaimed ‘Nuclear Bot’ Author Weighs U.S. Job Offer

The author of a banking Trojan called Nuclear Bot — a teenager living in France — recently released the source code for his creation just months after the malware began showing up for sale in cybercrime forums. Now the young man’s father is trying to convince him not...

Continue reading

Munich Re leads $45 million investment in 'insurtech' startup Trov

NEW YORK (Reuters) - HSB Ventures Inc, the venture capital subsidiary of German reinsurer Munich Re, has led a $45 million investment in Trov, a U.S.-based technology startup that provides on-demand insurance.

Comcast goes into U.S. wireless business with unlimited data plans

NEW YORK (Reuters) - Comcast Corp said on Thursday it is launching a new wireless service with an unlimited data plan, making it the first major U.S. cable provider to enter into the highly competitive wireless market, as it faces pressure in its core business.

Delphi takes stake in companies to profit from data in connected cars

SAN FRANCISCO (Reuters) - Car parts supplier and integrator Delphi Automotive on Thursday announced investments and partnerships in three privately held companies to help carmakers profit from the increasing amount of data produced by the growing number of vehicles connected to the internet.

How artificial life spawned a billion-dollar industry

LONDON (Reuters) - Scientists are getting closer to building life from scratch and technology pioneers are taking notice, with record sums moving into a field that could deliver novel drugs, materials, chemicals and even perfumes.

Big miners have trouble joining technology revolution

SANTIAGO/LONDON (Reuters) - Mining companies chasing the kind of technological breakthroughs made long ago in the manufacture of cars and mobile phones have unveiled eye-catching innovations ranging from vast drills and remote-controlled trucks to second-by-second data analysis.

Twitter creates 'lite' version for data-starved users

SAN FRANCISCO (Reuters) - Twitter Inc is launching a faster version of its mobile service on Wednesday aimed at people with sporadic connections or little data on their smartphone plans, hoping to pick up users in harder-to-reach emerging markets.

China court orders Samsung to pay $11.6 million to Huawei over patent case: local media

HONG KONG (Reuters) - A Chinese court has ordered Samsung Electronics's Chinese subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies [HWT.UL] over patent infringement, said a local government-run media outlet.

Australian regulator sues Apple alleging iPhone 'bricking'

SYDNEY (Reuters) - Australia's consumer watchdog has sued Apple Inc alleging it used a software update to disable iPhones which had cracked screens fixed by third parties.

Brazil's president would veto parts of bill to regulate Uber

BRASILIA (Reuters) - Brazil's President Michel Temer would veto clauses of a bill that would force Uber Technologies Inc [UBER.UL] drivers to register with city authorities and turn the ride-hailing app into another form of conventional taxi service, a presidential aide said on Wednesday.

Financial institutions risk 24 percent revenue loss from fintech: PwC

NEW YORK (Reuters) - Large financial institutions across the world could lose 24 percent of their revenues to financial technology companies over the next three to five years, according to a new study by PricewaterhouseCoopers.

U.S. judge warns Uber in Waymo self-driving car case

FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo

Boeing forms venture group, invests in two tech startups

Boeing Co's logo is seen above the front doors of its largest jetliner factory in Everett, Washington, U.S. January 13, 2017. REUTERS/Alwyn Scott

Mexico's Telmex says fined 5.3 million pesos for concession non-compliance

MEXICO CITY (Reuters) - Mexican mogul Carlos Slim's fixed-line telephone firm Telmex said on Wednesday it had been fined 5.3 million pesos ($283,016) by Mexico's telecoms regulator for failing to comply with the terms of its concession relating to public TV.

TASER changes name in shift to software, services for police

SAN FRANCISCO (Reuters) - TASER International, the maker of electrical weapons for police officers, is changing its name to Axon as it pushes further into the software business.

BlaBlaCar changes gear by offering drivers car leases

BERLIN/PARIS (Reuters) - BlaBlaCar, whose amateur chauffeurs share costs with passengers on long-distance journeys, will offer them cheaper car leases through French bank Societe Generale in the latest threat to traditional transport models.

GTCR in the lead to acquire jobs website CareerBuilder: sources

(Reuters) - Private equity firm GTCR LLC is in exclusive talks to acquire U.S. job-hunting website CareerBuilder LLC for more than $1 billion, according to people familiar with the matter, in what would be the latest deal in the online recruitment sector.

AT&T adds HBO to unlimited wireless plan for free

Signage for an AT&T store is seen in New York October 29, 2014. REUTERS/Shannon Stapleton/File Photo