Facebook to stop ethnicity-based targeting for some ads

(Reuters) - Facebook Inc said on Friday it would stop advertisers from using its ethnicity-based ad-targeting feature on some ads, following criticism that advertisers could misuse the tool.

Bondholders, Sawiris working on alternative plan for Brazil's Oi

SAO PAULO (Reuters) - Egyptian billionaire Naguib Sawiris and some creditors of Oi SA have renewed their ties and are working on a post-bankruptcy protection plan for the Brazilian phone carrier that could be ready within 30 days.

EU questions U.S. over Yahoo email scanning, amid privacy concerns

BRUSSELS (Reuters) - The European Commission has asked the United States about a secret court order Yahoo used to scan thousands of customer emails for possible terrorism links, following concerns that may have violated a new data transfer pact.

Tencent splurges with $220 million worth of shares in surprise birthday giveaway

HONG KONG (Reuters) - Chinese tech giant Tencent Holdings Ltd is giving its employees more than HK$1.7 billion ($220 million) worth of company shares to help celebrate its 18th anniversary.

Financial firms seek RegTech to cut regulatory chores, fight crime

HONG KONG (Reuters) - Financial services firms are increasingly turning to digital technology to meet onerous regulatory demands aimed at fighting financial fraud, creating a niche tech market that is estimated to grow to around $120 billion by 2020.

Japan Display in talks for $704 million bailout from INCJ: WSJ

(Reuters) - Japan Display Inc is in advanced talks to receive a bailout amount of about 75 billion yen ($704.49 million) from Innovation Network Corp of Japan (INCJ), a government-backed fund and the display maker's largest shareholder, the Wall Street Journal reported on Thursday.

Toshiba returns to second quarter operating profit on strong memory chip sales

TOKYO (Reuters) - Japanese conglomerate Toshiba Corp swung to an operating profit in the July-September quarter, driven by strong demand for NAND flash memory chips from Chinese smartphone makers.

Alibaba Singles' Day sales race past $5 billion in first hour

SHENZHEN, China (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day' sales blitz on Friday - a third more than in the first hour of last year's spree.

Judge orders Amazon refunds for children's in-app purchases

(Reuters) - A federal judge on Thursday directed Amazon.com Inc to set up a year-long process to reimburse parents whose children made in-app purchases without permission, but rejected a U.S. regulator's request for a $26.5 million lump-sum payout.

U.S. charges Florida man in case linked to JPMorgan hacking probe

NEW YORK (Reuters) - A Florida man is the latest individual to face criminal charges in connection with what U.S. prosecutors say was an illegal bitcoin exchange owned by an Israeli accused of being behind hacking attacks on companies including JPMorgan Chase & Co.

Loeb's Third Point takes share stake in Apple, Visa and Dell

NEW YORK (Reuters) - Dan Loeb's Third Point hedge fund took a new share stake in Apple Inc, Visa Inc and Dell Inc during the third quarter, according to regulatory filings late on Thursday.

Nvidia revenue soars 53.6 percent, powers past estimates

(Reuters) - Nvidia Corp reported a better-than-expected 53.6 percent surge in quarterly revenue, driven by strong demand for the company's graphics processing chips used in personal computers and data centers.

Snap's Spectacles make their debut in wacky vending machine

SAN FRANCISCO (Reuters) - Snap Inc on Thursday debuted its video-camera sunglasses in its usual quirky style, setting up a big yellow vending machine on a beach boardwalk where fans could plop down $130 for the "Spectacles" glasses.

U.S. FCC says it has 'serious concerns' about AT&T Direct TV mobile video service

WASHINGTON (Reuters) - The U.S. Federal Communications Commission told AT&T Inc it has "serious concerns" about whether rivals will be able to compete with its DirecTV Now online video service that will cost $35 a month and demanded answers by Nov. 21.

Hyperloop One preparing new funding round

LISBON (Reuters) - Hyperloop One, which is developing a futuristic high-speed transport system, aims to raise hundreds of millions of dollars of fresh capital next year after a first full-scale test that could secure firm orders from clients, its founders said.

ABN looked at using undercover security staff to prevent cyber attacks

LONDON (Reuters) - Dutch Bank ABN-AMRO considered sending undercover security staff amid employees to help improve cyber security but has decided not to follow this practice, officials said.

Tech stocks drop as Wall Street focuses on Trump stimulus

SAN FRANCISCO (Reuters) - Shares of Amazon.com Inc , Alphabet Inc and other technology companies sank on Thursday as Wall Street sold them to pay for infrastructure names that could benefit from potential economic stimulus spending by U.S. President-elect Donald Trump.

Russian ‘Dukes’ of Hackers Pounce on Trump Win

Less than six hours after Donald Trump became the president-elect of the United States, a Russian hacker gang perhaps best known for breaking into computer networks at the Democratic National Committee launched a volley of targeted phishing campaigns against American political think-tanks ...

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Russian ‘Dukes’ of Hackers Pounce on Trump Win

Less than six hours after Donald Trump became the president-elect of the United States, a Russian hacker gang perhaps best known for breaking into computer networks at the Democratic National Committee launched a volley of targeted phishing campaigns against American political think-tanks ...

Continue reading

Court upholds ban on LinkedIn website in Russia: Ifax

MOSCOW (Reuters) - A Russian court on Thursday upheld a decision to block the website of social networking company LinkedIn, Interfax news agency reported.