Early days, but Apple Pay struggles outside U.S.

An Apple iphone 6 with Apple Pay is shown in this photo illustration in Encinitas , California June 3, 2015. Reuters/Mike Blake More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical cha...

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VW looks for more revenue from ride-hailing apps, mobility services

A VW sign is seen outside a Volkswagen dealership in London, Britain November 5, 2015. Reuters/Suzanne Plunkett/File photo Volkswagen (VOWG_p.DE) is looking at on-demand mobility services such as smartphone ride hailing to earn a "notable share" of future revenues as the carmaker pushes a strategic ...

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Uber raises $3.5 billion from Saudi Arabia's sovereign wealth fund

The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Illustration/File Photo Uber [UBER.UL] has raised $3.5 billion (£2.4 billion) from Saudi Arabia's so...

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Mir Islam – the Guy the Govt Says Swatted My Home – to be Sentenced June 22

On March 14, 2013 our humble home in Annandale, Va. was “swatted” — that is to say, surrounded by a heavily-armed police force that was responding to fraudulent reports of a hostage situation at our residence. Later this month the government will sentence 21-year-old hacker named M...

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Mir Islam – the Guy the Govt Says Swatted My Home – to be Sentenced June 22

On March 14, 2013 our humble home in Annandale, Va. was “swatted” — that is to say, surrounded by a heavily-armed police force that was responding to fraudulent reports of a hostage situation at our residence. Later this month the government will sentence 21-year-old hacker named M...

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Forbes estimates Theranos founder's net worth now zero

Theranos Chief Executive Officer Elizabeth Holmes speaks on stage at the Glamour Women of the Year Awards where she receives an award, in the Manhattan borough of New York November 9, 2015. Reuters/Carlo Allegri Forbes magazine on Wednesday reduced its estimate of the net worth of Elizabeth Holmes, ...

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Congress probes NY Fed's handling of Bangladesh Bank heist: letter

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman/File Photo A U.S. congressional committee has launched a probe into the Federal Reserve Bank of New York's handling of the cyber theft of $81 million from one of its accounts held by th...

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Beset by rivals and record labels, Spotify plots path to profit

Headphones are seen in front of a logo of online music streaming service Spotify in this illustration picture taken in Strasbourg, February 18, 2014. Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for... Reuters/Christian Har...

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Germany working to formulate Kuka counter-offer: Gabriel says

A staff member stands next to robots at a plant of Kuka Robotics in Shanghai, China August 13, 2014. Reuters/Pete Sweeney/File Photo Germany is trying to coordinate an alternative offer for industrial robot maker Kuka (KU2G.DE) following Chinese home appliance maker Midea Group Co Ltd's (000333.SZ) ...

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Insight: Trail in Ecuador cyberheist leads to gamers’ crash pad in Hong Kong

A view of the registered office address for Jiushun Group Co Ltd in Hong Kong May 26, 2016. Reuters/Bobby Yip The paper trail left behind by $2 million stolen from a hacked Ecuadorian bank runs cold in a windowless gamers’ crash pad in a gritty industrial area of Hong Kong. The room, in a...

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Salesforce to buy Demandware in $2.8 billion deal

A Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco, California November 18, 2013. Reuters/Robert Galbraith Cloud-based software maker Salesforce.com Inc (CRM.N) said on Wednesday it would buy Demandware Inc (DWRE.N), which provides software to design e-commerce ...

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Fed records show dozens of cybersecurity breaches

The Federal Reserve headquarters in Washington September 16 2015. Reuters/Kevin Lamarque The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as "espionage," according to Fed records. The central bank's staff suspected hacke...

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Google seeking to raise up to $221 million by selling Lenovo stock: IFR

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard/Illustration/File Photo Google Inc is seeking to raise between $218 million and $221 million by selling shares in Chinese personal computer maker Lenovo, acc...

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NATO likely to designate cyber as operational domain of war: German official

A NATO flag flies at the Alliance headquarters in Brussels during a NATO ambassadors meeting on the situation in Ukraine and the Crimea region, March 2, 2014. Reuters/Yves Herman/Files NATO members will likely agree during a summit meeting in Warsaw next month to designate cyber as an official opera...

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Russia's FSB security service says arrests hackers who defrauded banks

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files Russia's FSB security service said on Wednesday it had helped arrest members of what it said was an organized criminal group of hackers who stole 1.7 billion roubles ($25.42 ...

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IPO investors look beyond Line's cuddly bears, flatulent bunnies

Emojis of a cuddly brown bear and his flatulent rabbit girlfriend Cony are met with investor scepticism as the company behind Line, the popular Japanese messaging app, prepares to kick off what's touted to be the world's biggest IPO this year. Line Corp [IPO-LINE.T] will likely raise between $2 bill...

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Taiwanese regulators clear Foxconn purchase of Sharp

A pedestrian walks under a logo of Sharp Corp outside an electronics retail store in Tokyo, Japan, February 26, 2016. Reuters/Yuya Shino Taiwanese regulators have cleared Foxconn's $3.5 billion acquisition of Sharp Corp., paving the way for the world's largest electronics manufacturer and major Appl...

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Trail in Ecuador cyberheist leads to gamers’ crash pad in Hong Kong

HONG KONG/CHICAGO (Reuters) - The paper trail left behind by $2 million stolen from a hacked Ecuadorian bank runs cold in a windowless gamers’ crash pad in a gritty industrial area of Hong Kong.

Apple plans to sell $1 billion of 30-year bonds in Taiwan - sources

An Apple store is seen in Los Angeles, California, United States, April 22, 2016. Reuters/Lucy Nicholson Apple Inc plans to issue bonds in Taiwan for the first time with the aim of raising $1 billion, sources familiar with the matter said, joining a queue of big global names that have sold billions ...

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Toyota in talks to buy robotics divisions from Alphabet - Nikkei

An employee works under a Toyota Motor Corp logo at the company's showroom in Tokyo, Japan February 5, 2016. Reuters/Toru Hanai Toyota Motor Corp is in talks to buy two robotics divisions from Google parent Alphabet Inc, the Nikkei reported on Wednesday. The Japanese automaker is discussing an acqui...

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