Swatch to launch Swiss smartwatch operating system by 2018

BIEL, Switzerland (Reuters) - Swatch Group is developing a Swiss-made operating system as it seeks to offer a smaller, more flexible alternative to the dominant systems which connect items such as smartwatches to the internet, its chief executive said on Thursday.

U.S. judge rejects Google email scanning settlement

(Reuters) - A federal judge has rejected Google's proposed class-action settlement with non-Gmail users who said it illegally scanned their emails to Gmail users to create targeted advertising.

YouTube makes its biggest e-sports bet with FACEIT streaming deal

(Reuters) - Alphabet Inc's YouTube is doubling down on the lucrative business of competitive gaming, where players square off on virtual games for big prize money in tournaments.

Blockchain Capital to raise $50 million, partly with digital token sale

NEW YORK (Reuters) - U.S.-based venture capital firm Blockchain Capital LLC said on Thursday it plans to raise $50 million for a third fund through capital from its partners and a sale of its own digital tokens.

BMW says self-driving car to be level 5 capable by 2021

BERLIN (Reuters) - German carmaker BMW is on track to deliver a self-driving car by 2021, the company's senior vice president for Autonomous Driving, Elmar Frickenstein, said on Thursday.

IBM to integrate MedyMatch technology to help spot brain bleeding

TEL AVIV (Reuters) - Israel's MedyMatch Technology said on Thursday IBM Watson Health would integrate MedyMatch's technology into its offerings to imaging experts in hospitals to help doctors identify intracranial bleeding from head trauma and stroke.

Chipmaker Nvidia says working with Paccar on driverless trucks

(Reuters) - U.S. chipmaker Nvidia Corp said on Thursday it was working with truckmaker Paccar Inc to develop autonomous vehicles.

Britain asks regulator to investigate Sky takeover by Murdoch's Fox

LONDON (Reuters) - The British government said on Thursday it would refer Rupert Murdoch's planned takeover of European pay-TV group Sky to regulators to decide if the deal was in the public interest.

Baidu fires head of group-buying unit over kickbacks

BEIJING (Reuters) - Baidu Inc said on Thursday it fired the head of its Nuomi group-buying service over ethics violations, at a time when the internet giant is looking to retool its sluggish search business and streamline loss-making units including Nuomi.

Vietnam urges firms to stop YouTube and Facebook ads

HANOI (Reuters) - Vietnam on Thursday called on all companies doing business in the country to stop advertising on YouTube, Facebook and other social media until they find a way to halt the publication of "toxic" anti-government information.

U.S. tech group urges global action against Chinese "mercantilism"

BEIJING (Reuters) - A U.S. technology group said in a report on Thursday that China's mercantilist industrial policies were a risk to the global economy and trading system, and called for international pressure on China to force a policy "reset".

Shenzhen-listed shares of China's ZTE surge 10 percent in resumed trade

HONG KONG (Reuters) - Shenzhen-listed shares of Chinese telecom equipment maker ZTE Corp jumped 10 percent on Thursday, resuming trading after a nine-day halt and catching up with gains in its Hong Kong shares that were sparked by the settlement of a U.S. sanctions case.

Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand

WASHINGTON (Reuters) - Wednesday's indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between Moscow's security services and private Russian hackers.

Apple, Google, Facebook skip legal challenge to new travel ban

SAN FRANCISCO (Reuters) - Apple Inc, Alphabet Inc's Google and Facebook Inc are among more than 60 technology companies that appear to have backed away from the legal fight against U.S. President Donald Trump's controversial travel ban, deciding not to put their weight behind a lawsuit seeking to bl...

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Four Men Charged With Hacking 500M Yahoo Accounts

“Between two evils, I always pick the one I never tried before.” -Karim Baratov (paraphrasing Mae West) The U.S. Justice Department today unsealed indictments against four men accused of hacking into a half-billion Yahoo email accounts. Two of the men named in the indictments worked...

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Four Men Charged With Hacking 500M Yahoo Accounts

“Between two evils, I always pick the one I never tried before.” -Karim Baratov (paraphrasing Mae West) The U.S. Justice Department today unsealed indictments against four men accused of hacking into a half-billion Yahoo email accounts. Two of the men named in the indictments worked...

Continue reading

South Korean prosecutors call in SK Group officials for questioning

SEOUL (Reuters) - Prosecutors said they will call in three officials from South Korea's third-largest conglomerate, SK Group, for questioning on Thursday as part of a widening corruption scandal that brought down former President Park Geun-hye.

Global private companies confident, but unprepared for hacking threat: PwC

LONDON (Reuters) - The chief executives of some of the worlds' leading private companies are confident about their firms' prospects and plan to recruit more staff, but are ill-prepared for cyber attacks, according to a report by PwC on Thursday.

North Korean hacking group behind recent attacks on banks: Symantec

BOSTON (Reuters) - A North Korean hacking group known as Lazarus was likely behind a recent cyber campaign targeting organizations in 31 countries, following high-profile attacks on Bangladesh Bank, Sony and South Korea, cyber security firm Symantec Corp said on Wednesday.

Tesla to raise about $1.15 billion from stock and notes offering

(Reuters) - Tesla Inc said on Wednesday it expects to raise about $1.15 billion from stock and senior notes offering, as the electric car maker accelerates the launch of its new Model 3 electric sedan.