WASHINGTON (Reuters) - The Federal Trade Commission said on Thursday it has opened an investigation into the massive data breach at Equifax Inc (EFX.N), in a rare public disclosure that sent shares tumbling to their lowest in more than two years. “The FTC typically does not comment on ongoing ...

LONDON (Reuters) - London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards. Uber, which has faced protests from driv...

FRANKFURT (Reuters) - Facebook’s (FB.O) Chief Operating Officer Sheryl Sandberg went on a charm offensive in Germany on Thursday, telling the country’s powerful automakers that the world’s biggest social network does not want to compete with them. “I come with very good news....

LONDON (Reuters) - London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards. Uber, which has faced protests from driv...

PARIS (Reuters) - French Finance Minister Bruno Le Maire said he expected more EU countries to join in the coming days a French-led push to tighten the taxation of online giants like Google and Amazon. Germany, Italy and Spain have already signed onto a French proposal that digital multinationals su...

HONG KONG (Reuters) - SoftBank Vision Fund, the world’s largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co Ltd, China’s first internet-only insurer, IFR reported on Thursday, ...

(Reuters) - Google plans to introduce a localized digital payment service in India as early as next week, technology website TechCrunch reported, citing a report from news site The Ken. The payment service, called Google 'Tez', will offer payment options beyond the existing ones like Google Wallet o...

TOKYO (Reuters) - Toshiba Corp (6502.T) said its business partner Western Digital Corp (WDC.O) had been “persistently” overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale. The stateme...

TOKYO (Reuters) - Toshiba Corp (6502.T) said business partner Western Digital Corp (WDC.O) overstated its rights over a chip business unit that the Japanese conglomerate was trying to sell, showing the two sides remained at loggerheads over the $18 billion auction. Toshiba said on Wednesday that it ...

(Reuters) - Credit reporting company Equifax Inc blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers. The massive data breach had exposed valuable information to hac...

NEW YORK/WASHINGTON (Reuters) - Nearly 40 states have joined a probe of Equifax Inc’s (EFX.N) handling of a massive data breach that exposed valuable information on up to 143 million Americans and sent shares of the credit reporting company tumbling. Congress is also probing the hack, and Equi...

(Reuters) - Nearly 40 states have joined a probe of Equifax’s handling of a massive data breach that exposed valuable information on up to 143 million Americans, according to the Illinois attorney general’s office, which is leading the probe. Eileen Boyce, a spokeswoman for Illinois Atto...

(Reuters) - U.S. consumers who want Apple Inc’s (AAPL.O) newest iPhones, including its most expensive model yet, the iPhone X, may find fewer deals as wireless carriers are less willing to offer subsidies on devices in a saturated market. New phone launches have long offered carriers a chance ...

(Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications. Canyon Bridge Capital Par...

WASHINGTON (Reuters) - A U.S. House panel said Wednesday the chief executive of Equifax will testify about a massive data breach that impacted up to 143 million Americans at an Oct. 3 hearing, as the company’s shares fell another 14.6 percent amid pressure on the company to explain its handlin...

WASHINGTON (Reuters) - Rhode Island said on Wednesday that it had joined a group of states probing the Equifax data breach, as the credit company’s shares fell another 14 percent amid growing pressure to explain its handling of the hack. Connecticut Attorney General George Jepsen said last wee...

SAN FRANCISCO (Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S. chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with potential military applications. Canyon Bridge Capital Part...

WASHINGTON (Reuters) - The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products from their information systems, saying it was concerned the Moscow-based cyber security firm was vulnerable to Kremlin influence. The decision represents a sharp response to wh...

(Reuters) - Ford Motor Co and Virginia Tech Transportation Institute are testing a way to enable self-driving vehicles to communicate their movements visually to pedestrians, cyclists and to human drivers, the researchers said on Wednesday. The new communications method, which uses simple light sign...

LONDON (Reuters) - Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan (JPM.N) Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up”. Bitcoin, the original and still the biggest cryptocur...

(Reuters) - Uber Technology Inc’s attempt to move its high-profile trade secrets dispute with Alphabet Inc’s self-driving car unit Waymo to private arbitration was denied again by a U.S. federal appeals court on Wednesday. The U.S. Court of Appeals for the Federal Circuit said the closel...

(Reuters) - A federal appeals court on Wednesday upheld the denial of Uber Technology Inc’s bid to move its high-profile trade secrets dispute with Alphabet Inc’s self-driving car unit Waymo to private arbitration. The U.S. Court of Appeals for the Federal Circuit said the closely watche...

MEXICO CITY (Reuters) - Amazon.com Inc is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry. The new warehouse is slated to be built in the Tepotzotlan mu...

COLOGNE, Germany (Reuters) - Facebook (FB.O) said on Wednesday it would introduce tougher rules on who can make money from advertising on its network, responding to criticism that it makes it too easy for providers of fake news and sensational headlines to cash in. With immediate effect, the world&r...

(Reuters) - Apple Inc’s (AAPL.O) highly anticipated iPhone X features a slew of innovations but delayed availability could hurt holiday-quarter sales. The much-hyped event on Tuesday unveiled three new phones, an advanced watch that can take calls and a new Apple TV, but die-hard fans will not...

BRUSSELS (Reuters) - Companies including Google (GOOGL.O), Facebook (FB.O) and Twitter (TWTR.N) could face European Union laws forcing them to be more proactive in removing illegal content if they do not do more to police what is available on the Internet. The European Union executive outlines in dr...

FRANKFURT (Reuters) - A fixation on electric cars risks damaging Europe’s auto supplies industry and handing jobs to China, the region’s car parts manufacturers warned at the Frankfurt motor show. Suppliers, which say they provide around 5 million European jobs, want carmakers and politi...

BEIJING (Reuters) - China said on Wednesday it will create a national data repository for information on cyber attacks and require telecom firms, internet companies and domain name providers to report threats to it. The Ministry of Industry and Information Technology (MIIT) said companies and telcos...

PISA, Italy (Reuters) - YuMi the humanoid robot showed no signs of nerves on Tuesday night as it raised its baton to conduct the Lucca Philharmonic orchestra alongside Italian tenor Andrea Bocelli. The two-armed robot, designed by Swiss firm ABB, made its debut at Pisa’s Verdi Theatre to mark ...

BEIJING (Reuters) - China has set up its first “commercial” quantum network in its northern province of Shandong, state media said, the country’s latest step in advancing a technology expected to enable “hack proof” communications. China touts that it is at the forefron...