Honda outselling Toyota in China, sets up photo finish for 2016

BEIJING (Reuters) - Honda Motor Co's sales in China surpassed those of Toyota Motor Corp for the first 11 months of 2016 as fresh models lured consumers and set the Japanese rivals up for a photo finish for full-year sales ranking in the world's top auto market.

Russia says to foil cyber attack by foreign spy agencies

MOSCOW (Reuters) - Russia's Federal Security Service said on Friday it was taking measures to foil a plot by foreign intelligence agencies to launch a cyber attack on the Russian banking system.

Shenzhen-HK stock link lets foreigners access China's booming tech firms

HONG KONG (Reuters) - A long-awaited link between China's booming Shenzhen stock market and neighboring Honk Kong goes live on Monday, allowing foreign investors first-time access to some of the fastest growing technology companies in the world's second biggest economy.

Draft law gives Chinese police control of online discussion on disasters

BEIJING (Reuters) - China's county-level police will be able to censor internet coverage of natural and man-made disasters, according to a revised draft of the country's policing law that the Chinese Public Security Bureau released late on Thursday.

Twitter changes product head for third time in a year

(Reuters) - Twitter Inc appointed Keith Coleman, founder of startup Yes Inc, as head of its product team, the third executive to lead the division in less than a year.

Alibaba is not buying India's Snapdeal: source

SAN FRANCISCO (Reuters) - China's Alibaba Group Holding is not buying Indian e-commerce company Snapdeal and is not in talks to do so, a person familiar with the matter said on Thursday, dampening talk that an acquisition was in the works.

Britain's Talktalk becomes latest victim of software attack

(Reuters) - A cyber attack on Britain's Talktalk Telecom Group PLC broadband affected "a small number of customer routers" on Thursday, the company said in a statement.

‘Avalanche’ Global Fraud Ring Dismantled

In what’s being billed as an unprecedented global law enforcement response to cybercrime, federal investigators in the United States, United Kingdom and Europe today say they’ve dismantled a sprawling cybercrime machine known as “Avalanche” — a distributed, cl...

Continue reading

‘Avalanche’ Global Fraud Ring Dismantled

In what’s being billed as an unprecedented global law enforcement response to cybercrime, federal investigators in the United States, United Kingdom and Europe today say they’ve dismantled a sprawling cybercrime machine known as “Avalanche” — a distributed, cl...

Continue reading

CA buys Austrian peer Automic in $635 million deal

FRANKFURT (Reuters) - U.S. software management group CA Inc said on Thursday it has agreed to buy Austrian business automation firm Automic from private equity group EQT in a 600 million euro ($635 million) deal as it seeks to expand in Europe.

GE, Microsoft Ventures to lead Tel Aviv University IoT investments

JERUSALEM (Reuters) - The Israel Internet of Things (IoT) Innovations and i3 Equity Partners consortium established an investment vehicle with an initial sum of $20 million at Tel Aviv University to develop IoT technologies, the university said on Thursday.

Facebook developing artificial intelligence to flag offensive live videos

MENLO PARK, Calif. (Reuters) - Facebook Inc is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company’s director of applied machine learning.

Deutsche Boerse offers gamers place to trade virtual goods

FRANKFURT (Reuters) - Normally the place to buy or sell shares in Germany's top companies, Deutsche Boerse is launching a new exchange for people to trade virtual goods from video games, tapping into a multi-billion U.S. dollar market.

SpaceX aims for December 16 return to flight, customer Iridium says

CAPE CANAVERAL, Fla. (Reuters) - Tech billionaire Elon Musk’s SpaceX hopes to return its Falcon 9 rocket to flight on Dec. 16, said Iridium Communications Inc, which plans to have 10 of its satellites on board for launching.

Europe building up pipeline of big-league tech IPOs: investors

HELSINKI (Reuters) - Europe, which has long trailed Silicon Valley and China when it comes to creating independent global tech giants, is building up a pipeline of more meaty stock market candidates looking to list in 2017, Slush tech start-up conference attendees said.

Siemens not planning any more big software acquisitions: source

MUNICH (Reuters) - German engineering group Siemens is not planning any more big purchases of industrial software makers, a person close to the company told Reuters.

Exclusive: Europe's biggest tech hope Spotify starts talking about profit

HELSINKI (Reuters) - Music streaming service Spotify, one of Europe's most valuable tech start-ups, could start to become profitable as early as next year, said a board member who was also one of the company's first investors.

India's Reliance Jio extends free services, as telecoms price war intensifies

MUMBAI (Reuters) - India's Reliance Industries announced a three-month extension to an offer of free data and voice services by its telecoms unit Jio, signaling that a brutal price war in India's mobile sector that has already hurt its rivals is intensifying.

China's top social messaging app censors users abroad: report

BEIJING (Reuters) - Censorship on China's top social messaging app WeChat goes beyond the country's borders, according to a report released on Thursday, with messages containing sensitive terms that are sent from overseas to mainland-linked accounts being blocked.

Nokia-branded phones set for comeback in 2017 as HMD takes charge

HELSINKI (Reuters) - Finland's Nokia on Thursday announced that its deal with HMD Global Oy, a new company formed to revive the Nokia brand in phones, has come into force and that HMD has opened for business.