BlackBerry launches cybersecurity software for self-driving cars

(Reuters) - Canadian software maker BlackBerry Ltd on Monday launched a new cybersecurity software, which identifies vulnerabilities in programs used in self-driving cars. The product, called Blackberry Jarvis, is being marketed first to automakers - a group of customers the former smartphone maker ...

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Google to relaunch map service in China: Nikkei

(Reuters) - Alphabet Inc’s (GOOGL.O) Google will relaunch its map service in China after an eight-year absence, Nikkei reported on Monday. The company has set up a China-specific version of the Google Maps website and introduced a map app for Chinese iPhones, Nikkei said. When users of the app...

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Canadian Police Charge Operator of Hacked Password Service Leakedsource.com

Canadian authorities have arrested and charged a 27-year-old Ontario man for allegedly selling billions of stolen passwords online through the now-defunct service Leakedsource.com. The now-defunct Leakedsource service. On Dec. 22, 2017, the Royal Canadian Mounted Police (RCMP) charged Jordan Evan Bl...

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Canadian Police Charge Operator of Hacked Password Service Leakedsource.com

Canadian authorities have arrested and charged a 27-year-old Ontario man for allegedly selling billions of stolen passwords online through the now-defunct service Leakedsource.com. The now-defunct Leakedsource service. On Dec. 22, 2017, the Royal Canadian Mounted Police (RCMP) charged Jordan Evan Bl...

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Any rule on Bitcoin must be global, Germany's central bank says

FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany’s central bank said on Monday. National authorities across the globe, and pa...

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China to block cryptocurrency platforms that allow centralized trading: Bloomberg

BEIJING (Reuters) - Chinese authorities plan to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg reported Monday citing sources. Chinese authorities will also target individuals and companies that provide market-making, settlement and c...

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Xiaomi taps CLSA, Morgan Stanley, Goldman for IPO sponsor role: sources

HONG KONG (Reuters) - Xiaomi has tapped CLSA, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, people with direct knowledge of the matter said, in what could potentially value the Chinese smartphone maker at up to $100 billion. The initial public offering could be the world&r...

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Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans. Softbank, through its Vision Fund, will make arou...

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SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp (9984.T) said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate’s transformation into one of the world’s biggest tech investors. A spin-off - ...

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Never Give Your Password Over the Phone

Background Passwords are something you use almost every day, from accessing your email or banking online to purchasing goods or accessing your smartphone.  However, passwords are also one of your weakest points; if someone learns or guesses your password they can access your accounts as you, al...

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Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply hig...

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Singapore central bank head hopes cryptocurrency tech will survive 'crash'

SINGAPORE (Reuters) - The head of Singapore’s central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money. The city-state has been positioning itself as a hub for fintech - or financial...

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End of a chip boom? Memory chip price drop spooks investors

SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co’s disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year. Amid news that the market has...

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SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate’s transformation into a global technology investor. The parent will sell some 30% of SoftBank Corp. ...

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South Korea says planned ban on cryptocurrency market not yet finalized

SEOUL (Reuters) - South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies were still in talks to decide how to regulate the market. “The plan to ban cryptocurrency exchanges, recently mentioned by the nation’s justice mini...

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Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

TOKYO (Reuters) - SoftBank Group Corp (9984.T) plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate’s transformation into a global technology investor. The parent will sell some 30 perce...

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Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT (Reuters) - Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply hig...

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Ford ups electric vehicle plans to $11 billion by 2022: executive

(Reuters) - Ford Motor Co (F.N) will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show. This is up from a previously announced target of $4.5 billion by 2020. The investments will be made i...

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Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp (9984.T) plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan’s biggest initial public offerings, the Nikkei newspaper said on Monday. The parent will sell some 30...

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Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan’s Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter. Around half of the investment will be made via new shares, valuing Aut...

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