Dog fight: Start-ups take aim at errant drones

(Reuters) - A boom in consumer drone sales has spawned a counter-industry of start-ups aiming to stop drones flying where they shouldn't, by disabling them or knocking them out of the sky.

Argentina decrees telecoms rule changes to increase competition

BUENOS AIRES (Reuters) - Argentina has loosened regulations to allow more competition in its telecoms sector and widen internet penetration, according to a decree published on Monday that the government hopes will attract billions of dollars in investments.

Bitcoin jumps above $1,000 for first time in three years

LONDON (Reuters) - Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016.

Apple partner Wistron seeks to expand India smartphone parts plant: government official

MUMBAI (Reuters) - Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in the Indian city of Bengaluru, a high-ranking regional government official said on Monday.

Samsung Electronics to reveal Galaxy Note 7 probe results this month: JoongAng Ilbo

SEOUL (Reuters) - Samsung Electronics Co Ltd will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources.

Apple to cut iPhone production in first quarter of 2017: report

(Reuters) - Apple Inc will trim production of iPhones by about 10 percent in the January-March quarter of 2017, the Nikkei financial daily reported on Thursday, citing calculations based on data from suppliers.

Continental CEO says jobs will be lost in shift to electric cars

FRANKFURT (Reuters) - The shift to electric vehicles will cost jobs at German automotive supplier Continental, its chief executive told a newspaper, but he said many of those jobs would be offset by new positions related to electro-mobility.

Foxconn joint venture to invest $8.8 billion to build new LCD plant in China

BEIJING (Reuters) - A joint venture of Hon Hai Precision Industries , known as Foxconn, and Sharp said on Friday it plans to invest 61 billion yuan ($8.8 billion) to build a new factory in China to produce liquid-crystal displays (LCDs).

How ties to an 'equestrian princess' landed Samsung at center of a scandal

SEOUL (Reuters) - Samsung Electronics Co's sponsorship of the equestrian-athlete daughter of a long-time friend of President Park Geun-hye has helped to land South Korea's top company in the center of the country's influence-peddling scandal.

China's Midea receives U.S. green light for Kuka takeover

FRANKFURT (Reuters) - China's Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light.

Silicon Valley's obscure unicorns could boost 2017 IPO market

(Reuters) - Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions.

China's Huawei sees 32 percent jump in 2016 revenue

(Reuters) - China's Huawei Technologies Co Ltd [HWT.UL], one of the world's largest telecom equipment makers, said on Friday it expects to record a 32 percent jump in revenue for 2016, thanks to a strong performance across its business platforms.

U.S. evicts Russians for spying, imposes sanctions after election hacks

HONOLULU/WASHINGTON (Reuters) - President Barack Obama on Thursday ordered the expulsion of 35 Russian suspected spies and imposed sanctions on two Russian intelligence agencies over their involvement in hacking U.S. political groups in the 2016 presidential election.

Amazon looks to the sky to store products

(Reuters) - Amazon.com Inc has filed for a patent to use airships to store products and serve as a base for delivery-drones.

Happy Seventh Birthday, KrebsOnSecurity!

Hard to believe it’s time to celebrate another go ’round the Sun for KrebsOnSecurity! Today marks exactly seven years since I left The Washington Post and started this here solo thing. And what a remarkable year 2016 has been! The word cloud above includes a sampling of tags used in...

Continue reading

Happy Seventh Birthday, KrebsOnSecurity!

Hard to believe it’s time to celebrate another go ’round the Sun for KrebsOnSecurity! Today marks exactly seven years since I left The Washington Post and started this here solo thing. And what a remarkable year 2016 has been! The word cloud above includes a sampling of tags used in...

Continue reading

Battered Toshiba out of easy options to plug nuclear hole

TOKYO (Reuters) - Faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders' equity, Japan's Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell.

Toshiba tumbles for third day as second downgrade fans writedown fears

TOKYO (Reuters) - Shares in Toshiba fell more than 19 percent in morning trade on Thursday, clocking a third day of heavy losses after the Japanese tech-to-nuclear conglomerate said earlier this week it faced a potential multi-billion dollar writedown.

China tech giant LeEco in talks on $1.4 billion support, starts e-car plant

SHANGHAI (Reuters) - Cash-strapped Chinese technology conglomerate LeEco is in talks on securing a 10 billion yuan ($1.4 billion) deal with an unnamed strategic investor, its listed unit said.

Trump says Sprint, OneWeb to create 8,000 U.S. jobs

PALM BEACH, Fla. (Reuters) - U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will be bringing 8,000 jobs to the United States, celebrating the moves as a result of optimism associated with his election.