Snapchat 2017 ad revenue forecast trimmed to $770 million: eMarketer

(Reuters) - The 2017 advertising revenue forecast for Snap Inc’s Snapchat has been trimmed by $30 million due to higher than expected revenue sharing with its partners, digital marketing firm eMarketer said in its latest ad spending forecast on Tuesday.

Sensata Technologies opens testing facility in Bulgaria

SOFIA (Reuters) - Sensata Technologies has opened its largest global testing facility in Sofia to support its automotive sensing technologies, the company said on Tuesday.

SAP pushes to patch risky HANA security flaws before hackers strike

FRANKFURT (Reuters) - Europe's top software maker SAP said on Tuesday it had patched vulnerabilities in its latest HANA software that had a potentially high risk of giving hackers control over databases and business applications used to run big multinational firms. While hacks on phones, websites an...

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Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram

(Reuters) - U.S. electronics payments provider Euronet Worldwide Inc said on Tuesday it offered to buy money-transfer company MoneyGram International Inc for $15.20 per share, trumping Ant Financial's bid of $13.25 per share.

Germany's Merkel warns against cyber attacks on infrastructure

BERLIN (Reuters) - German Chancellor Angela Merkel said on Tuesday protecting infrastructure from potential cyber attacks was a top priority and the federal government had to work together with localities on that.

China's ZTE Corp names new chairman

HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp , which last week agreed to plead guilty and pay nearly $900 million for breaching U.S. sanctions, on Tuesday named Yin Yimin as its new chairman with immediate effect.

Nasdaq provides blockchain tech to new advertising exchange

NEW YORK (Reuters) - Nasdaq Inc has provided blockchain technology to run a new exchange to trade guaranteed advertising contracts as more mainstream finance projects using the record keeping software move into the real world. 

Germany plans to fine social sites if they don't remove hate speech

BERLIN (Reuters) - Germany's Justice Minister put forward a tough new draft law on Tuesday calling for social networks like Facebook to take faster action to remove slanderous or threatening online postings quickly or face stiff fines of up to 50 million euros.

If Your iPhone is Stolen, These Guys May Try to iPhish You

KrebsOnSecurity recently featured the story of a Brazilian man who was peppered with phishing attacks trying to steal his Apple iCloud username and password after his wife’s phone was stolen in a brazen daylight mugging. Today, we’ll take an insider’s look at an Apple iCloud phishi...

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If Your iPhone is Stolen, These Guys May Try to iPhish You

KrebsOnSecurity recently featured the story of a Brazilian man who was peppered with phishing attacks trying to steal his Apple iCloud username and password after his wife’s phone was stolen in a brazen daylight mugging. Today, we’ll take an insider’s look at an Apple iCloud phishi...

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Charles Schwab launches hybrid human-robo financial advice

NEW YORK (Reuters) - Brokerage Charles Schwab Corp on Tuesday launched a service that combines its automated investment management technology with human advisors, as financial institutions race to offer digital financial advice.

Toshiba asks for second third-quarter extension, expands Westinghouse probe

TOKYO (Reuters) - Japan's Toshiba Corp said it has asked regulators to extend its Tuesday deadline for official third-quarter earnings for a month, as its expands a probe into problems at its U.S. nuclear unit Westinghouse.

Toshiba asks again to extend deadline for third-quarter earnings filing

TOKYO (Reuters) - Japan's Toshiba Corp said it has asked financial regulators to extend its Tuesday deadline for submitting official third-quarter earnings until April 11.

SoftBank's Son to meet Saudi King Salman on Tuesday in Tokyo: source

TOKYO (Reuters) - SoftBank Group Corp Chairman Masayoshi Son will meet Saudi King Salman on Tuesday in Tokyo, a person briefed on the matter said, as the kingdom and the Japanese tech and investment firm proceed with plans to create a $100 billion technology-investment fund.

Illinois comptroller stops payments for governor's computer modernization

CHICAGO (Reuters) - Illinois' state comptroller has suspended $27 million in payments for a computer technology initiative launched by Republican Governor Bruce Rauner, according to a letter seen by Reuters, opening a new front in an ongoing feud over finances.

Facebook bars developers from using data for surveillance

SAN FRANCISCO (Reuters) - Facebook Inc barred software developers on Monday from using the massive social network's data to create surveillance tools, closing off a process that had been exploited by U.S. police departments to track protesters

Jailed Samsung chief can get plenty of visitors, may still play a corporate role

SEOUL (Reuters) - The head of South Korea's Samsung Group [SAGR.UL], Jay Y. Lee, may be languishing in a jail cell but he is allowed plenty of visitors, which may allow him to play a key role in corporate decisions even if he isn't running the conglomerate like he did before.

Networking software maker Citrix seeks buyers: sources

(Reuters) - U.S. networking software company Citrix Systems Inc has been exploring strategic alternatives including a potential sale, people familiar with the matter said on Monday.

Verizon sought $925 million discount for Yahoo merger, got $350 million

NEW YORK (Reuters) - Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc's core assets following two massive cyber attacks at the internet company, according to a Yahoo filing.

Canada says patches major websites after discovering vulnerability

TORONTO (Reuters) - Canada's federal government said on Monday that it has patched a security vulnerability in Apache software that forced it to take down major government websites including its tax authority over the weekend.