HONG KONG (Reuters) - China-focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in five years. Fund managers have raised 95.8 billion yuan ($14.54 billion) this ...

NEW YORK (Reuters) - U.S. consumer credit reporting bureau Equifax Inc (EFX.N) risks losing support from banks unless it can show its database on millions of borrowers is secure from another cyber-attack. Banks are critical to Equifax’s operations as they give the company information on consum...

SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) on Thursday launched an overhaul of how it handles paid political advertisements on the world’s largest social network, responding to criticism that it has not done enough to prevent the manipulation of elections. Chief Executive Mark Zuckerberg sa...

SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) said on Thursday it plans to share with U.S. congressional investigators some 3,000 political ads that it says Russia-based operatives ran on Facebook in the months before and after last year’s U.S. presidential election. Chief Executive Mark Zucke...

WASHINGTON (Reuters) - Wall Street’s top regulator came under fire on Thursday about its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading. The breach involved Securities and Exc...

(Reuters) - National Bank of Canada, the country’s sixth largest lender, said on Thursday a website glitch earlier this week may have exposed personal information of about 400 customers. Some people may have seen other customer’s data while filling an electronic form on the bank’s ...

WASHINGTON (Reuters) - Wall Street’s top regulator came under fire on Thursday about its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading. The incursion at the Securities and Ex...

(Reuters) - A glitch in National Bank of Canada’s website may have exposed personal information of about 400 customers, Bloomberg reported, citing an email statement from the bank. Some people filling out an electronic form on the bank’s website could have seen data provided by a previou...

WASHINGTON (Reuters) - The U.S. Department of Homeland Security detected five “critical” cyber security weaknesses on the Securities and Exchange Commission’s computers as of January 23, 2017, according to a confidential weekly report reviewed by Reuters. The report’s finding...

WASHINGTON/NEW YORK (Reuters) - Wall Street’s top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading. The incursion at the Securities and E...

BRUSSELS (Reuters) - U.S. electronic chipmaker GlobalFoundries has asked European antitrust regulators to investigate market leader TSMC (2330.TW), accusing the Taiwanese firm of unfair competition, an industry source said on Monday. GlobalFoundries is the closest challenger to Taiwan-based TSMC in ...

BRUSSELS (Reuters) - The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the United States and other rich nations, in a move that could spark a new transatlantic dispute. The EU is frustrated at how long it is t...

TAIPEI/SAN FRANCISCO (Reuters) - Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion for the division at Taiwan’s HTC Corp (2498.TW) that develops the U.S. firm’s Pixel smartphones - its second major foray into phone hardware after an earlier costly failure. The all-cash...

WASHINGTON (Reuters) - The top U.S. markets regulator said on Wednesday that hackers accessed its corporate disclosure database and may have illegally profited by trading on the insider information stolen. The Securities and Exchange Commission (SEC) said the hack occurred in 2016 but that it had on...

RIYADH (Reuters) - The Saudi government is lifting a ban on calls made through online apps on Thursday but will monitor and censor them, a government spokesman said. All online voice and video call services - such as Microsoft’s Skype, Facebook’s WhatsApp and Messenger, and Rakuten&rsquo...

JUDABERG, Norway (Reuters) - The Norwegian island of Finnoey has the highest density of electric cars in the world. The reason? They are exempt from the $6,000-a-year toll charges for the tunnel to the mainland. There has been a surge in sales of fully electric cars like Teslas (TSLA.O) and Nissan (...

RIYADH (Reuters) - The Saudi government is lifting a ban on calls made through online apps on Thursday but will monitor and censor them, a government spokesman said. All online voice and video call services -- like Microsoft’s Skype, Facebook’s WhatsApp and Messenger, and Rakuten’s...

BEIJING (Reuters) - Chinese search engine Baidu Inc (BIDU.O) announced a 10 billion yuan ($1.52 billion) autonomous driving fund on Thursday as part of a wider plan to speed up its technical development and compete with U.S. rivals. The “Apollo Fund” will invest in 100 autonomous driving...

(Reuters) - Twitter Inc representatives will meet with the U.S. Senate Select Committee on Intelligence staff next week in relation to inquiries into the 2016 U.S. presidential election, a company representative said. The committee, along with other congressional committees and special counsel Rober...

SAN FRANCISCO (Reuters) - A U.S. bribery investigation at ride-hailing company Uber Technologies Inc [UBER.UL] will likely go on for a year or more and could lead to snowballing legal and compliance costs if lawyers find systemic problems. Uber, which is the subject of a U.S. probe into whether it p...

SAN FRANCISCO (Reuters) - An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.S. allies. In interviews and emails seen by Reuter...

TAIPEI (Reuters) - Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp (2498.TW) that develops the U.S. firm’s Pixel smartphones, its latest push into hardware manufacturing. Google has sought to beef up its hardware c...

TAIPEI (Reuters) - Alphabet Inc’s (GOOGL.O) Google will acquire part of Taiwanese smartphone maker HTC’s (2498.TW) smartphone operations for $1.1 billion, the companies said in a joint statement on Thursday. Under the deal, Google will acquire a team of people who develop Pixel smartphon...

TOKYO (Reuters) - Japan’s Toshiba Corp (6502.T) is expected to formalize the sale of its prized memory chip unit on Thursday to a group led by U.S. private equity firm Bain Capital, even as jilted suitor and joint venture partner Western Digital (WDC.O) took fresh legal action. The embattled c...

HONG KONG/TAIPEI (Reuters) - Alphabet Inc’s (GOOGL.O) Google is set to announce a deal to acquire part of Taiwanese firm HTC Corp’s (2498.TW) smartphone operations for about $1 billion, a source with direct knowledge of the matter said on Thursday. The deal will not involve the purchase ...

(Reuters) - Equifax Inc said on Wednesday that on March 10 an attacker “interacted” with a server at the heart of the massive breach disclosed this month, but there is no evidence that the incident was linked to the breach of 143 million records. The company disclosed the incident after ...

SAN FRANCISCO (Reuters) - The hackers who broke into widely used computer utility software in August also tried to infect machines at Microsoft, Intel and other top technology companies, according to research by Cisco Systems released late on Wednesday. That suggests the breach, disclosed on Monday,...

(Reuters) - Western Digital Corp filed its latest legal action against joint-venture chip partner Toshiba Corp for moving to invest in a new flash memory production line without its help, the U.S. company said on Wednesday. The new arbitration requests, filed in the International Court of Arbitratio...

(Reuters) - Electric carmaker Tesla Inc (TSLA.O) is working with Advanced Micro Devices Inc (AMD.O) to develop its own artificial intelligence chip for self-driving cars, CNBC reported on Wednesday, citing a source familiar with the matter. AMD spin-off GlobalFoundries Inc Chief Executive Sanjay Jha...

SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) will add “more human review and oversight” to its ad-buying system, Chief Operating Officer Sheryl Sandberg said on Wednesday, responding to rising criticism that automated processes have allowed people to buy discriminatory ads. Sandberg sai...