China bicycle-sharing startup Mobike gets funding from Temasek, others

BEIJING (Reuters) - Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings [TEM.UL] and hedge fund Hillhouse Capital, bringing its total new funding in 2017 to more than $300 million.

Snap bets on hardware as Facebook threat looms

SAN FRANCISCO (Reuters) - Snap Inc takes to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough to stay one step ahead of Facebook.

Alibaba extends bricks-and mortar retail push with Bailian deal

SHANGHAI (Reuters) - Chinese tech giant Alibaba Group Holding Ltd has formed a strategic partnership with retail conglomerate Bailian Group, extending a push into bricks-and-mortar retail as online growth slows.

Uber CEO calls for 'urgent investigation' into former engineer's sexual harassment claims

(Reuters) - The chief executive of Uber Technologies Inc [UBER.UL] has ordered an "urgent investigation" into claims of sexual harassment raised by a former engineer in a blog post.

New Zealand court rules Megaupload founder Kim Dotcom can be extradited to U.S.

WELLINGTON (Reuters) - A New Zealand court threw out an appeal on Monday by German entrepreneur and Megaupload founder Kim Dotcom against his extradition to the United States to face racketeering and criminal copyright charges.

Amazon to create over 5,000 jobs in Britain in 2017

LONDON (Reuters) - Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union.

February Updates from Adobe, Microsoft

A handful of readers have inquired as to the whereabouts of Microsoft‘s usual monthly patches for Windows and related software. Microsoft opted to delay releasing any updates until next month, even though there is a zero-day vulnerability in Windows going around. However, Adobe did push out up...

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February Updates from Adobe, Microsoft

A handful of readers have inquired as to the whereabouts of Microsoft‘s usual monthly patches for Windows and related software. Microsoft opted to delay releasing any updates until next month, even though there is a zero-day vulnerability in Windows going around. However, Adobe did push out up...

Continue reading

U.S. inquiries into Russian election hacking include three FBI probes

SAN FRANCISCO (Reuters) - The U.S. Federal Bureau of Investigation is pursuing at least three separate probes relating to alleged Russian hacking of the U.S. presidential elections, according to five current and former government officials with direct knowledge of the situation.

After night in cell, Samsung scion taken for questioning

SEOUL (Reuters) - Handcuffed and tied with white rope, the scion of one of the world's biggest conglomerates, Samsung Group, was taken on Saturday for questioning by South Korean authorities after spending a night in a small detention cell.

Exclusive: GM plans to build, test thousands of self-driving Bolts in 2018 - sources

DETROIT (Reuters) - General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automaker’s plans said this week.

Men Who Sent Swat Team, Heroin to My Home Sentenced

It’s been a remarkable week for cyber justice. On Thursday, a Ukrainian man who hatched a plan in 2013 to send heroin to my home and then call the cops when the drugs arrived was sentenced to 41 months in prison for unrelated cybercrime charges. Separately, a 19-year-old American who admitted ...

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Men Who Sent Swat Team, Heroin to My Home Sentenced

It’s been a remarkable week for cyber justice. On Thursday, a Ukrainian man who hatched a plan in 2013 to send heroin to my home and then call the cops when the drugs arrived was sentenced to 41 months in prison for unrelated cybercrime charges. Separately, a 19-year-old American who admitted ...

Continue reading

Exclusive: SoftBank willing to cede control of Sprint to entice T-Mobile - sources

NEW YORK (Reuters) - Japan's SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG's T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter.

Snap IPO expected to price March 1 after market closes

(Reuters) - The initial public offering of Snap Inc, owner of the popular messaging app Snapchat, is expected to price March 1 after the market closes, Fidelity Investments told brokerage clients on Friday.

Germany bans talking doll Cayla, citing security risk

BERLIN (Reuters) - A talking doll named Cayla has been banned by German authorities because the software inside her could be hacked, posing a security risk and allowing personal data to be revealed.

Indian IT industry faces twin challenges of Trump, automation

MUMBAI (Reuters) - Automation and the new U.S. administration were the big unknowns at the Indian tech sector's annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American market.

Santander invests in artificial intelligence startups: sources

NEW YORK (Reuters) - Spanish lender Banco Santander SA has invested in two artificial-intelligence companies, part of the financial industry's increased focus on technology smart enough to mimic human thinking, sources familiar with the deals told Reuters.

Accenture to create 15,000 jobs in U.S.

(Reuters) - Accenture Plc said on Friday it would create 15,000 jobs in the United States, as IT services firms brace for a more protectionist U.S. technology visa program under President Donald Trump.

Rheinmetall, Raytheon to cooperate in defense technology

FRANKFURT (Reuters) - German and U.S. defense groups Rheinmetall and Raytheon have signed a memorandum of understanding to cooperate globally on defense technology, they said in a joint statement on Friday.