Senators criticize FTC's reported Facebook settlement

Three U.S. senators who have been frequent critics of U.S. tech giants wrote a letter to the Federal Trade Commission on Tuesday to criticize its reported settlement with Facebook Inc.

Bitcoin falls below $10,000 after Facebook grilled on crypto plans

Bitcoin fell 8% on Tuesday, breaching $10,000 for the first time in two weeks after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies.

In systemic breach, hackers steal millions of Bulgarians' financial data

Bulgaria's finance minister apologized to the country on Tuesday after admitting hackers had stolen millions of taxpayers' financial data in an attack that one researcher said may have compromised nearly every adult's personal records.

Tech executives head to Capitol Hill for antitrust hearing

Executives from tech giants Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet's Google go before the House Judiciary Committee's antitrust panel Tuesday to discuss competition in online markets.

Bills targeting China's Huawei introduced in U.S. Congress

Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump's easing of restrictions on the Chinese firm.

Meet the World’s Biggest ‘Bulletproof’ Hoster

For at least the past decade, a computer crook variously known as “Yalishanda,” “Downlow” and “Stas_vl” has run one of the most popular “bulletproof” Web hosting services catering to a vast array of phishing sites, cybercrime forums and malware downloa...

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Senators grill Facebook on its plans for Libra cryptocurrency

Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle questioned the social media company on its plans for a digital currency at a hearing on Tuesday.

Brazil fintech Nubank takes aim at small business owners

Brazilian financial startup Nu Pagamentos SA is planning to launch digital accounts for small business owners, expanding its product portfolio beyond individuals, it said in a statement on Tuesday.

U.S. retailers gain online shoppers on Amazon's Prime Day: Adobe

Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc's Prime Day shopping event as online shoppers also flocked to their websites, Adobe Analytics said on Tuesday.

Hackers steal millions of Bulgarians' financial records: tax agency

Hackers have stolen the financial data of millions of Bulgarians from the country's tax agency, the government said on Tuesday, in an attack that one researcher said may have compromised nearly every adult's personal records.

Vodafone launches 5G in Germany, challenges D.Telekom on price

Vodafone said on Tuesday it was launching 5G services in Germany, taking on Deutsche Telekom by offering cheaper deals and reaching more cities than the market leader that went live last week.

Softbank's Arm Holdings eases upfront license costs

Arm Holdings, the British chip technology firm whose designs underlie mobile phone chips, is changing its licensing model to pursue a bigger customer base as more devices become connected to the internet.

Bulgarian tax agency says hackers stole millions of financial records

Hackers have stolen the personal and financial data of millions of Bulgarians by breaking into the tax agency's systems, the government said on Tuesday.

Norway's Telenor CEO sees decision on 5G supplier in fourth quarter

Telenor expects to decide on its supplier of 5G technology in the fourth quarter of 2019, its CEO told Reuters, despite having as yet no clarification from Norwegian authorities as to whether Huawei can be one of them.

Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra

German Finance Minister Olaf Scholz said regulators must ensure that cryptocurrencies such as Facebook's planned digital coin Libra do not threaten financial stability and consumer privacy.

France to approve first crypto-issuers as new rules loom

France's financial watchdog is poised to approve a first tranche of cryptocurrency-related companies under new rules on digital coins, some of the first such regulations to be launched by a major economy.

Senate to grill Facebook over plans for Libra cryptocurrency

U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it sh...

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Amazon offers $10 to Prime Day shoppers who hand over their data

Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon track the websites you visit.

Power tools firm Husqvarna CEO sees battery restraints for another decade

The head of Husqvarna, the world's biggest gardening power tools maker, said it could take another decade before batteries on the market have enough range to electrify some of the company's still petrol-driven products.

Hackers hit Bulgaria, leak data from Russian email: government

Hackers stole millions of Bulgarians' personal and financial data and distributed it from a Russian-based email in an attack one minister linked to the purchase of new F-16 fighter jets from the United States, the government said on Tuesday.