Ex-Autonomy CFO indicted in U.S., accused of deceiving HP

(Reuters) - The former chief financial officer of British software company Autonomy has been indicted on U.S. charges of engaging in a fraudulent scheme to deceive investors and Hewlett Packard about his firm's performance before its sale in 2011.

Global industry groups voice opposition to China cyber security law

WASHINGTON (Reuters) - More than 40 international business and technology organizations representing hundreds of companies on Friday expressed “deep concerns” to the Chinese government about a new cyber security law they said would likely increase the separation between China and the res...

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U.S. airlines face brief computer outage

(Reuters) - American Airlines Group Inc and Alaska Air Group Inc on Friday experienced a brief computer outage caused due to a technical issue at reservation vendor Sabre Corp.

Twitter outperforms on ads for BuzzFeed's election livestream

(Reuters) - Twitter said it was able to deliver more viewers than promised to advertisers on an election night livestream, good news for the microblogging site as it tries to ward off growing competition for ad dollars from Snapchat and Instagram.

Facebook to stop ethnicity-based targeting for some ads

(Reuters) - Facebook Inc said on Friday it would stop advertisers from using its ethnicity-based ad-targeting feature on some ads, following criticism that advertisers could misuse the tool.

Bondholders, Sawiris working on alternative plan for Brazil's Oi

SAO PAULO (Reuters) - Egyptian billionaire Naguib Sawiris and some creditors of Oi SA have renewed their ties and are working on a post-bankruptcy protection plan for the Brazilian phone carrier that could be ready within 30 days.

EU questions U.S. over Yahoo email scanning, amid privacy concerns

BRUSSELS (Reuters) - The European Commission has asked the United States about a secret court order Yahoo used to scan thousands of customer emails for possible terrorism links, following concerns that may have violated a new data transfer pact.

Tencent splurges with $220 million worth of shares in surprise birthday giveaway

HONG KONG (Reuters) - Chinese tech giant Tencent Holdings Ltd is giving its employees more than HK$1.7 billion ($220 million) worth of company shares to help celebrate its 18th anniversary.

Financial firms seek RegTech to cut regulatory chores, fight crime

HONG KONG (Reuters) - Financial services firms are increasingly turning to digital technology to meet onerous regulatory demands aimed at fighting financial fraud, creating a niche tech market that is estimated to grow to around $120 billion by 2020.

Japan Display in talks for $704 million bailout from INCJ: WSJ

(Reuters) - Japan Display Inc is in advanced talks to receive a bailout amount of about 75 billion yen ($704.49 million) from Innovation Network Corp of Japan (INCJ), a government-backed fund and the display maker's largest shareholder, the Wall Street Journal reported on Thursday.

Toshiba returns to second quarter operating profit on strong memory chip sales

TOKYO (Reuters) - Japanese conglomerate Toshiba Corp swung to an operating profit in the July-September quarter, driven by strong demand for NAND flash memory chips from Chinese smartphone makers.

Alibaba Singles' Day sales race past $5 billion in first hour

SHENZHEN, China (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day' sales blitz on Friday - a third more than in the first hour of last year's spree.

Judge orders Amazon refunds for children's in-app purchases

(Reuters) - A federal judge on Thursday directed Amazon.com Inc to set up a year-long process to reimburse parents whose children made in-app purchases without permission, but rejected a U.S. regulator's request for a $26.5 million lump-sum payout.

U.S. charges Florida man in case linked to JPMorgan hacking probe

NEW YORK (Reuters) - A Florida man is the latest individual to face criminal charges in connection with what U.S. prosecutors say was an illegal bitcoin exchange owned by an Israeli accused of being behind hacking attacks on companies including JPMorgan Chase & Co.

Loeb's Third Point takes share stake in Apple, Visa and Dell

NEW YORK (Reuters) - Dan Loeb's Third Point hedge fund took a new share stake in Apple Inc, Visa Inc and Dell Inc during the third quarter, according to regulatory filings late on Thursday.

Nvidia revenue soars 53.6 percent, powers past estimates

(Reuters) - Nvidia Corp reported a better-than-expected 53.6 percent surge in quarterly revenue, driven by strong demand for the company's graphics processing chips used in personal computers and data centers.

Snap's Spectacles make their debut in wacky vending machine

SAN FRANCISCO (Reuters) - Snap Inc on Thursday debuted its video-camera sunglasses in its usual quirky style, setting up a big yellow vending machine on a beach boardwalk where fans could plop down $130 for the "Spectacles" glasses.

U.S. FCC says it has 'serious concerns' about AT&T Direct TV mobile video service

WASHINGTON (Reuters) - The U.S. Federal Communications Commission told AT&T Inc it has "serious concerns" about whether rivals will be able to compete with its DirecTV Now online video service that will cost $35 a month and demanded answers by Nov. 21.

Hyperloop One preparing new funding round

LISBON (Reuters) - Hyperloop One, which is developing a futuristic high-speed transport system, aims to raise hundreds of millions of dollars of fresh capital next year after a first full-scale test that could secure firm orders from clients, its founders said.

ABN looked at using undercover security staff to prevent cyber attacks

LONDON (Reuters) - Dutch Bank ABN-AMRO considered sending undercover security staff amid employees to help improve cyber security but has decided not to follow this practice, officials said.

Tech stocks drop as Wall Street focuses on Trump stimulus

SAN FRANCISCO (Reuters) - Shares of Amazon.com Inc , Alphabet Inc and other technology companies sank on Thursday as Wall Street sold them to pay for infrastructure names that could benefit from potential economic stimulus spending by U.S. President-elect Donald Trump.

Court upholds ban on LinkedIn website in Russia: Ifax

MOSCOW (Reuters) - A Russian court on Thursday upheld a decision to block the website of social networking company LinkedIn, Interfax news agency reported.

Google's Android expands competition, does not hurt it: Google lawyer

BRUSSELS (Reuters) - Alphabet unit Google's Android mobile operating system expands competition rather than hurt it, its general counsel said on Thursday as the company rebutted EU antitrust charges that it uses the platform to stifle rivals.

Photoshop maker Adobe to buy video ad firm TubeMogul for $540 million

(Reuters) - Photoshop software maker Adobe Systems Inc said on Thursday it would buy advertising company TubeMogul Inc for about $540 million, giving it a bigger presence in the rapidly growing online video market.

EU lawmakers approve plans for coordinated mobile broadband boost

BRUSSELS (Reuters) - European Union lawmakers on Thursday approved plans to coordinate the rollout across the bloc of the 700MHz spectrum band for wireless broadband by 2022 to provide faster mobile broadband and improved access to Internet services.

UK government says Tesco Bank thefts shake confidence in finance

A Tesco supermarket is seen, in west London on September 30, 2008. . REUTERS/Toby Melville/Files

China's packaging makers see profits squeezed as e-commerce boom draws new competitors

A worker sorts parcels at a YTO Express logistics centre in Beijing, China, March 25, 2016. REUTERS/Jason Lee/File photo

Japan autonomous driving venture ZMP to list on TSE Dec. 19: sources

The company logo of ZMP Inc. is seen on the body of a Robot Taxi Inc.'s Robot taxi, a self-driving taxi based on a Toyota Estima car body, during an unveiling ceremony in Yokohama, south of Tokyo, Japan, October 1, 2015. REUTERS/Yuya Shino

India's Tata removes Mistry as TCS chairman; Hussain interim chairman

(Reuters) - India's biggest software services exporter, Tata Consultancy Services Ltd, said it received a letter from majority owner Tata Sons nominating Ishaat Hussain as the interim chairman of the company in place of Cyrus Mistry.

Trump election ignites fears over U.S. encryption, surveillance policy

WASHINGTON/SAN FRANCISCO (Reuters) - Donald Trump's surprise election victory has alarmed technology companies and civil libertarians fearful that a self-described 'law and order' president will attempt to expand surveillance programs and rejoin a long-running battle over government access to encryp...

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