KPN outage caused by 'software bug': report

Dutch telecom Royal KPN NV believes that a major outage of its network in the Netherlands was caused by a software bug, national broadcaster NOS said, citing the company.

Exclusive: In push to replace Huawei, rural U.S. carriers are talking with Nokia and Ericsson

About a dozen rural U.S. telecom carriers that depend on Huawei for network gear are in discussions with its biggest rivals, Ericsson and Nokia, to replace their Chinese equipment, sources familiar with the matter said.

Hackers steal data from telcos in espionage campaign: cyber firm

Hackers broke into the systems of more than a dozen global telecom firms and stole huge amounts of data in a seven-year spying campaign, researchers from a cyber security company said, identifying links to previous Chinese cyber-espionage activities.

Tracing the Supply Chain Attack on Android

Earlier this month, Google disclosed that a supply chain attack by one of its vendors resulted in malicious software being pre-installed on millions of new budget Android devices. Google didn’t exactly name those responsible, but said it believes the offending vendor uses the nicknames “...

Continue reading

Exclusive: Facebook to give data on hate speech suspects to French courts - minister

Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges, France's minister for digital affairs Cedric O said on Tuesday, adding the deal was a world first.

Bike and Snake: Meet the robots that will keep Norway's gas flowing

A magnetic robot resembling a mini quad bike and a four meter snake-like machine are among the new tools that Norway, Europe's second-largest gas exporter after Russia, says will help cut maintenance time at its gas plants and keep supplies flowing.

India warns foreign e-commerce firms like Amazon, Flipkart over discounts: sources

India has told foreign e-commerce firms such as Amazon and Walmart's Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters.

Dutch investigate KPN emergency service network outage

The Netherlands launched an inquiry on Tuesday into a nationwide network outage at telecoms company KPN that knocked out emergency service numbers for nearly four hours.

European watchdogs demand detail on Facebook's cryptocurrency

Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant's Libra project.

Emergency service network outage at KPN prompts Dutch inquiry

The Netherlands launched an investigation on Tuesday into a nationwide network outage at telecoms company KPN that knocked out emergency service numbers for nearly four hours.

Buzzfeed Chairman Ken Lerer to step down

Buzzfeed's Ken Lerer is stepping down as the online news website's chairman, a company spokeswoman said on Tuesday.

Central bankers weigh up Facebook's Libra plan

A senior member of the Swiss National Bank said he was open-minded about Facebook's cryptocurrency project, while an Italian official looked for more information as central bankers try to get to grips with the initiative.

UK watchdog wants more detail on Facebook's Libra coin plan

There was "insufficient" detail to understand Facebook's plans to expand into payments and launch its own Libra coin, Britain's Financial Conduct Authority (FCA) said on Tuesday.

Deutsche Telekom wins SK Telecom backing for venture arm; 5G joint venture agreed

Deutsche Telekom's venture capital arm said on Tuesday it was closing its second fund to new money after raising $350 million to invest in software service companies that are powering digital transformation.

Dutch to investigate cause of network outage telecom KPN: Justice minister

Dutch Justice Minister Ferd Grapperhaus on Tuesday said the government will launch an investigation into how an outage at telecom Royal KPN knocked out the national emergency service number for several hours.

Facebook's Libra must obey anti-money laundering rules: French central banker

Facebook's planned global 'Libra' cryptocurrency must respect anti-money laundering regulations and it must seek banking licenses if it offers banking services, France's central bank chief said in a magazine interview.

Russia's Yandex.Taxi likely to issue new shares in IPO, says top shareholder

Russia's largest online taxi service Yandex.Taxi is likely to sell new shares in its planned initial public offering (IPO), an executive at its majority shareholder Yandex told Reuters.

SNB director says 'relaxed' about Facebook’s Libra project

The Swiss National Bank's Thomas Moser, an alternate member of the governing board, said on Tuesday at an event in Switzerland that he is "relaxed" about Facebook Inc's Libra project, adding the company's white paper looked professionally done and its initiators had indicated they wanted to play by ...

Continue reading

Singapore's Grab invests in London startup Splyt

Singaporean ride-hailing firm Grab has invested in London-based startup Splyt Technologies and extended a partnership between the two companies that will expand the reach of Grab's services beyond Southeast Asia.

China Mobile to set up $4 billion 5G industry fund

China's largest telecommunications operator China Mobile said on Tuesday it will set up a 30 billion yuan ($4.36 billion) 5G industry fund and has already raised the first installment of 7-10 billion yuan.