False paradise? EU is no haven of Net neutrality, say critics

LISBON/MILAN (Reuters) - America’s decision to scrap rules designed to ensure a free and open internet leaves the European Union as the biggest market where Net neutrality still prevails -- but critics say the EU is not a level playing field. Consumer rights groups complain that EU regulations...

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U.S. Justice Department, AT&T settlement talks failed: court filing

WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc (T.N) have held unsuccessful settlement talks over the wireless and pay-TV company’s bid to buy movie and TV show maker Time Warner Inc (TWX.N), the two sides said in a court filing on Friday. The Justice Department has sue...

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Facebook defends itself against critics of social media

SAN FRANCISCO (Reuters) - Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world’s biggest social media network and its competitors for transforming how people behave and express emotion. Facebook, in a corporate blog post, sa...

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Blockchain consortium Hyperledger loses members, funding: documents

NEW YORK (Reuters) - More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters. Exchange operators CME Group and Deutsche Boerse have decided to downgrade their ...

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Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials

WASHINGTON (Reuters) - The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the matter told Reuters. The pro...

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Former Botmaster, ‘Darkode’ Founder is CTO of Hacked Bitcoin Mining Firm ‘NiceHash’

On Dec. 6, 2017, approximately USD $52 million worth of Bitcoin mysteriously disappeared from the coffers of NiceHash, a Slovenian company that lets users sell their computing power to help others mine virtual currencies. As the investigation into the heist nears the end of its second week, many Nic...

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Former Botmaster, ‘Darkode’ Founder is CTO of Hacked Bitcoin Mining Firm ‘NiceHash’

On Dec. 6, 2017, approximately USD $52 million worth of Bitcoin mysteriously disappeared from the coffers of NiceHash, a Slovenian company that lets users sell their computing power to help others mine virtual currencies. As the investigation into the heist nears the end of its second week, many Nic...

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After U.S. decision, France says will continue to defend net neutrality

PARIS (Reuters) - France will continue to defend “net neutrality” irrespective of what other countries may do, Foreign Minister Jean-Yves Le Drian said on Friday, after a United States commission voted to ditch rules on the issue. The U.S. Federal Communications Commission voted on Thurs...

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U.S. internet rule change leaves major streaming companies unscathed for now

SAN FRANCISCO (Reuters) - Behind your video stream of a hit like “Stranger Things” is a complicated array of technology and business relationships that will not change very much, at least in the short term, as a result of this week’s repeal of U.S. regulations on internet traffic, ...

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EU court rejects U.S. intervention in Apple's Irish $15 billion tax case

BRUSSELS (Reuters) - Europe’s second-highest court has rejected a request from the U.S. government to intervene in Apple’s challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case. Ap...

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Suspected North Korean cyber group seeks to woo bitcoin job seekers

FRANKFURT (Reuters) - The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group’s activities. The Lazarus cybercrime group i...

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Amazon to pay 100 million euros to settle Italy tax dispute: statement

MILAN (Reuters) - Italy’s inland revenue service said on Friday it had reached an agreement with Amazon to settle outstanding tax claims covering the period 2011-2015. Amazon will pay a total of 100 million euros ($117.95 million) to resolve the dispute, the tax agency said in a statement. In ...

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Bitcoin hits new record high as warnings grow louder

LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument. The cryptocurrency’s staggering recent price rises -- more ...

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Bitcoin hits new record high as warnings grow

LONDON (Reuters) - Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns grew over the risks of investing in the highly volatile and speculative instrument. The cryptocurrency’s staggering price rises - more than 1,700 percent since the s...

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Siemens partners with Amazon as it ramps up industrial software platform

MUNICH (Reuters) - Siemens is partnering with Amazon as it accelerates the rollout of its MindSphere industrial software platform, the core of its bid to dominate the market in digital factory automation. The German group’s next version of MindSphere, to be launched in January, will run on Ama...

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Transneft says its computers were used for mining cryptocurrency

MOSCOW (Reuters) - Computers at Transneft (TRNF_p.MM) have been used for the unauthorized manufacture, or “mining”, of the cryptocurrency Monero, a vice-president of the Russian pipeline operator said. “Incidents where the company’s hardware was used to manufacture crypto-cur...

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BT and Sky strike deal to carry each other's channels

LONDON (Reuters) - Britain’s leading pay-TV companies Sky and BT have agreed to supply their most popular channels to each other’s platforms in a thawing of a once difficult relationship. In a joint statement the two companies said BT customers would be able to sign up for Sky’s NO...

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Uber Eats to offer couriers insurance in Europe

BRUSSELS (Reuters) - Uber’s [UBER.UL] food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of “gig economy” workers. Riders for food-delivery companies such as Uber Eats and Deliveroo are typically self-employed...

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Moves in South Korea to make cryptocurrency trading more transparent

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world’s busiest virtual currency exchange, Bitthumb. FILE PHOTO: A copy of bitcoin standing on PC mothe...

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Uber investor departs venture firm amid harassment claims

SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc, said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct. FILE PHOTO - Shervin Pishevar speaks during 2016...

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