Equifax to pay up to $650 million in data breach settlement

Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday.

Culture minister to make statement on 5G review on Monday: UK PM spokesman

British culture minister Jeremy Wright is due to make a statement on a review of next generation 5G telecommunications networks on Monday, Prime Minister Theresa May's spokesman said, adding it would depend on the parliamentary timetable.

China's Tencent says to work with The Pokemon Co on new game

China's Tencent Games said on Monday that its Timi Studio will work with The Pokemon Company, a firm partially owned by Japan's Nintendo, on developing a new game.

Toshiba Memory sees 'good chance' of M&A in push for data center business

Japan's Toshiba Memory said there was a "good chance" for acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers.

Stellar debut for China's Nasdaq-style board adds $44 billion in market cap

Trading on China's new Nasdaq-style board for homegrown tech firms hit a fever pitch on Monday, sending shares up as much as 520%, increasing the firms' combined value by $44 billion and surpassing the expectations of veteran investors braced for a wild ride.

Manic Monday for China's Nasdaq-style bourse as shares rocket

Trading on China's new Nasdaq-style board for homegrown tech firms hit a fever pitch on Monday, sending shares up as much as 400% for the day, and far exceeding the expectations of veteran investors braced for a wild ride.

Circuit breakers trip, shares soar as China's Nasdaq-style bourse debuts

Trading hit a fever pitch, with shares rocketing as much as 520%, as China's new Nasdaq-style board for homegrown tech firms debuted on Monday, with valuations exceeding even the expectations of veteran investors braced for a wild ride.

Circuit breakers trip as China's Nasdaq-style bourse debuts

Trading hit a feverish pitch on China's new Nasdaq-style board for homegrown tech firms on its debut on Monday, with most stocks surging and drawing attention away from the main board.

Toyota fetches new way to use AI, self-drive tech in Tokyo Games

Miniature remote controlled cars have proved to be a crowd pleaser at track and field throwing events, but for the Tokyo 2020 Olympics Toyota Motor Corp is upping the game with a hi-tech way to fetch javelins and hammers: pint-sized, self-driving A.I. robot cars.

Equifax nears deal to pay about $700 million to settle U.S. data breach probes: WSJ

Credit reporting company Equifax Inc is close to a deal to pay around $700 million to settle data breach probes with U.S. regulators and states, the Wall Street Journal reported on Friday, citing people familiar with the matter.

White House to host meeting with tech executives on Huawei ban: sources

U.S. officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and software executives to discuss the U.S. ban on Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.

White House to host meeting with tech executives on Huawei ban: source

U.S. officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and software executives to discuss the U.S. ban on Huawei, a source familiar with the situation said on Friday.

Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract

Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.

Confusion builds over U.S. ban on Chinese surveillance technology

Contractors who buy and install Hikvision and Dahua surveillance systems told U.S. officials on Friday that an ambiguous law that bans purchases from the two Chinese companies could harm their businesses.

Trump tells France's Macron U.S. concerned with proposed digital services tax

U.S. President Donald Trump spoke with French President Emmanuel Macron on Friday and expressed concerns about the country's proposed digital services tax, the White House said.

Four U.S. lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract

Four members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Department of Defense.

QuickBooks Cloud Hosting Firm iNSYNQ Hit in Ransomware Attack

Cloud hosting provider iNSYNQ says it is trying to recover from a ransomware attack that shut down its network and has left customers unable to access their accounting data for the past three days. Unfortunately for iNSYNQ, the company appears to be turning a deaf ear to the increasingly anxious cri...

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Fed's Bullard sees cryptocurrencies shifting U.S. financial system

Cryptocurrencies are changing the U.S. currency system in ways that may facilitate illegal activity and instability in prices, St. Louis Federal Reserve President James Bullard said on Friday.

Italy's watchdog says single network controlled by TIM would be 'backward step'

A single network entity controlled by Italy's former monopoly phone group Telecom Italia (TIM) would be a "backward step", the country's communication watchdog chief Angelo Cardani said on Friday.

UK delay on Huawei 5G decision harming ties, lawmakers say

A powerful committee of British lawmakers on Friday urged the next prime minister to decide quickly on the role China's Huawei will have in next-generation 5G telecommunications networks to avert more damage to Britain's international relations.