Alibaba's Ant Financial could be valued at nearly $60 billion: source

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round...

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Online retailer Yoox Net-a-Porter adopts IBM software

Yoox Net-A-Porter Group placard is seen in Bologna, Italy, March 1, 2016. Reuters/Stefano Rellandini Online fashion retailer Yoox Net-a-Porter said on Monday it would adopt IBM's software to manage orders, replacing technology developed by Yoox and Net-a-Porter prior to their merger in October. Adop...

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Symphony financial messaging set for wide rollout this year - Goldman

The Wall Street bull statue is pictured in the Manhattan Borough of New York, December 23, 2014. Reuters/Carlo Allegri Symphony, the WhatsApp for the financial world, will significantly increase its user base this year at major institutions including a top asset manager, shareholder Goldman Sachs (G...

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Viacom CEO says he expects to renew deal with Dish next quarter

Philippe Dauman, president and CEO of Viacom, speaks at the Reuters Global Media Summit in New York December 2, 2010. Reuters/Brendan McDermid Viacom (VIAB.O) CEO Philippe Dauman said on Monday that he expects to renew its contract with Dish Network Corp (DISH.O) next quarter. "I am very confident w...

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German regulator well suited to investigate Facebook: EU's Vestager

BRUSSELS (Reuters) - Germany, which launched an investigation into social network Facebook last week, is well placed to handle the case, Europe's antitrust chief said on Monday.

Verizon Wireless to pay $1.35 million fine to settle U.S. privacy probe

People pass by a Verizon store at 100 Wall St. in New York's financial district May 12, 2015. Reuters/Brendan McDermid Verizon Communications Inc will pay a $1.35 million fine and agreed to a three-year consent decree after the Federal Communications Commission said on Monday it found the company's ...

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News Corp CEO to meet EU antitrust chief, Google in focus

BRUSSELS - News Corp's chief executive will meet the EU antitrust chief this week, the company said on Monday, with the focus expected to be on the EU's investigation into whether Internet search engine Google abused its dominance. CEO Robert Thomson will meet European Competition Commissioner Margr...

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Bangladesh central bank says U.S. account hacked, recovers some funds

Bangladesh's central bank said on Monday its U.S. account had been hacked and money had been stolen from it, but that it had recovered some of the funds. Bangladesh Bank said it had traced some of the money to the Philippines and was working with anti-money laundering authorities there. The bank did...

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U.S. Supreme Court rejects Apple e-books appeal

A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai March 16, 2012. Reuters/Aly Song The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, m...

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SoftBank announces reorganization to boost investor confidence

SoftBank Group Corp Chairman and CEO Masayoshi Son attends a news conference in Tokyo, Japan, November 4, 2015. Reuters/Toru Hanai Japan's Softbank Group Corp (9984.T) plans to separate its domestic and overseas businesses and give them their own chief executives in its latest move to bolster shareh...

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T-Mobile US secures $2 billion boost ahead of spectrum auction

People pass by a T-Mobile store in the Brooklyn borough of New York June 4, 2015. Reuters/Brendan McDermid T-Mobile US (TMUS.O) said it can issue $2 billion in senior notes and sell them to its 65-percent shareholder Deutsche Telekom (DTEGn.DE), giving a potential boost to its financial firepower ah...

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Alibaba's Ant Financial could be valued at nearly $60 billion - source

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round...

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DSP Group to see revenue boost from Samsung S7 chip win

People look at the new Samsung S7 during the Mobile World Congress in Barcelona, Spain February 23, 2016. Reuters/Albert Gea Multimedia chip designer DSP Group on Monday confirmed a report by Chipworks that its HDClear chip is a component in the new Samsung Galaxy S7 phone, a deal expected to signif...

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Now you're talking: human-like robot may one day care for dementia patients

With her brown hair, soft skin and expressive face, Nadine is a new brand of human-like robot that could one day, scientists hope, be used as a personal assistant or care provider for the elderly. The 1.7-metre tall Nadine was created in the likeness of its maker, Nadia Thalmann, a visiting professo...

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China angered by planned U.S. export restrictions on ZTE

China's Foreign Ministry expressed anger on Monday at the U.S. Commerce Department's plans to place export restrictions on Chinese telecoms equipment-maker ZTE Corp for allegedly violating U.S. export controls on Iran. The restrictions will take effect Tuesday, Reuters has learned, and apply to any ...

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Seagate Phish Exposes All Employee W-2’s

Email scam artists last week tricked an employee at data storage giant Seagate Technology into giving away W-2 tax documents on all current and past employees, KrebsOnSecurity has learned. W-2 forms contain employee Social Security numbers, salaries and other personal data, and are highly prized by ...

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Seagate Phish Exposes All Employee W-2’s

Email scam artists last week tricked an employee at data storage giant Seagate Technology into giving away W-2 tax documents on all current and past employees, KrebsOnSecurity has learned. W-2 forms contain employee Social Security numbers, salaries and other personal data, and are highly prized by ...

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Secure Your Home Wi-Fi Router

The most effective steps you can take to secure your wireless network at home is to change the default admin password, enable WPA2 encryption and use a strong password for your wireless network.

Apple users targeted in first known Mac ransomware campaign

An Apple iPhone is pictured next to the logo of Apple in Bordeaux, southwestern France, February 26, 2016. Reuters/Regis Duvignau Apple Inc (AAPL.O) customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as rans...

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Daimler CEO says digital mapping consortium in expansion talks

Daimler's Chief Executive (DAIGn.DE) told Reuters that a German auto maker consortium which controls the HERE digital mapping business is in talks with potential new members. In August last year, German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), agreed to pay 2.5 billion euro...

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