NOAA buys first commercial satellite weather data

CAPE CANAVERAL, Fla. (Reuters) - The U.S. government on Thursday awarded its first contracts to buy weather data from commercial satellite operators, the National Oceanic and Atmospheric Administration (NOAA) said.

Snowden's leaks caused 'tremendous' damage to U.S. security: House panel

WASHINGTON (Reuters) - A U.S. House committee issued a scathing report on Thursday accusing National Security Agency contractor Edward Snowden of lying about his background, feuding with co-workers and leaking secrets that "caused tremendous damage" to U.S. security.

Jefferies launches new technology group, six bankers start work

SAN FRANCISCO (Reuters) - Jefferies Group LLC has officially launched its expanded technology investment banking practice, with six new managing directors starting their new roles in San Francisco, according to a memo the bank sent out to clients this week.

SpaceX says accident probe will not slow space taxi effort

CAPE CANAVERAL, Fla. (Reuters) - SpaceX on Thursday said efforts to develop and certify a space taxi for NASA are not being slowed by an investigation into a launch pad fire that destroyed its rocket and a $200 million Israeli communications satellite.

Ransomware Getting More Targeted, Expensive

I shared a meal not long ago with a source who works at a financial services company. The subject of ransomware came up and he told me that a server in his company had recently been infected with a particularly nasty strain that spread to several systems before the outbreak was quarantined. He ...

Continue reading

Ransomware Getting More Targeted, Expensive

I shared a meal not long ago with a source who works at a financial services company. The subject of ransomware came up and he told me that a server in his company had recently been infected with a particularly nasty strain that spread to several systems before the outbreak was quarantined. He ...

Continue reading

Ransomware Getting More Targeted, Expensive

I shared a meal not long ago with a source who works at a financial services company. The subject of ransomware came up and he told me that a server in his company had recently been infected with a particularly nasty strain that spread to several systems before the outbreak was quarantined. He ...

Continue reading

Ransomware Getting More Targeted, Expensive

I shared a meal not long ago with a source who works at a financial services company. The subject of ransomware came up and he told me that a server in his company had recently been infected with a particularly nasty strain that spread to several systems before the outbreak was quarantined. He ...

Continue reading

Oracle's quarterly revenue rises 1.7 percent

(Reuters) - Oracle Corp reported a 1.7 percent rise in revenue as the business software maker benefits from its focus on cloud-based products.

U.S. consumer safety agency plans recall of Samsung Galaxy Note 7: source

(Reuters) - U.S. consumer safety agency plans a recall of Samsung Electronics Co Ltd's Galaxy Note 7, according to a person familiar with the plans.

Twitter abuzz as live-video test of Thursday Night Football nears

NEW YORK (Reuters) - Social media users were buzzing on Thursday as Twitter Inc prepared for its first broadcast of a National Football League game, a match up between the New York Jets and the Buffalo Bills, which tests Twitter's strategy of putting big games on small screens.

Adient CEO sees opportunity with interiors of self-driving cars, EVs

DETROIT (Reuters) - Self-driving cars and electric vehicles could provide important sources of new revenue for Adient, the $17-billion automotive seating and interiors business that is being spun out of Johnson Controls Inc, Adient's top executive said on Thursday.

Silicon Valley 3D printing startup gets $81 million in new funding

REDWOOD CITY, Calif. (Reuters) - Carbon, a Silicon Valley startup that is developing 3D printers to produce medical devices and car parts on demand, said on Thursday it had closed on $81 million in funding that brought the total it has raised to $222 million.

Baidu receives approval from California DMV to test self-driving cars

SAN FRANCISCO (Reuters) - China-based internet company Baidu has received a permit to test its self-driving cars in California from the state's Department of Motor Vehicles, as the race to introduce driverless automobiles accelerates.

Expedia picks banks for Trivago float: sources

FRANKFURT (Reuters) - Online travel firm Expedia has picked advisors for the planned stock market listing of its Trivago travel search site, sources familiar with the matter said.

Apple stock heads for best four days since 2014; short sellers flee

SAN FRANCISCO (Reuters) - Apple extended its Wall Street rally on Thursday, with enthusiasm over demand for its newest iPhone putting the stock on track for its strongest four-day streak in over two years and clobbering short sellers who bet against it.

Exclusive: Central banks seek global standards in wake of Bangladesh heist

NEW YORK/LONDON (Reuters) - The world's major central banks, stung by this year's $81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowledge of the matter.

Obama administration targets corporate offshore tax avoidance

WASHINGTON (Reuters) - The Obama administration on Thursday took aim at the use of foreign tax credits by American multinational companies to reduce their U.S. tax bills, in an action that closely followed a European Union order that Apple Inc pay back taxes to Ireland.

Teva, Intel to develop wearables to monitor Huntington's disease

(Reuters) - Teva Pharmaceutical Industries Ltd said on Thursday it was collaborating with Intel Corp to develop a wearable device to monitor patients with Huntington's, a fatal degenerative disease.

Ripple raises $55 million in second funding round, adds several banks to network

NEW YORK (Reuters) - U.S.-based start-up Ripple, a provider of blockchain-based cross-border payments technology for banks, said on Thursday it has raised $55 million in a second round of funding.