South Korea's Mando in talks to supply parts for Tesla's Model 3: source

Tesla Motors' mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Reuters/Tesla Motors/Handout via Reuters/File Photo Mando Corp (204320.KS) is in talks with Tesla Motors (TSLA.O) to supply parts for its Model 3 car, an industry source said, as it ...

Continue reading

SWIFT to unveil new security plan after hackers' heists

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files The SWIFT secure messaging service that underpins international banking said it plans to launch a new security program as it fights to rebuild its reputation in the wake of t...

Continue reading

NY lawmaker warns on U.S. financial security after SWIFT attacks

The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo Recent hacks of international banks through the SWIFT messaging system raise serious questions about cyber-related risks to U.S. firms, Representative Carolyn Maloney wrote on Mo...

Continue reading

Facebook says no evidence of political bias found on 'Trending Topics'

A Facebook logo is pictured on an Apple's Ipad in Bordeaux, southwestern France, March 10, 2016. Reuters/Regis Duvignau/Illustration Facebook Inc said on Monday that an investigation into its editorial practices had found no evidence of political bias in the selection or prominence of stories shown ...

Continue reading

In Oracle vs. Google retrial, lawyers make final pitches to jury

Oracle Corp (ORCL.N) filed a multibillion-dollar copyright lawsuit against Google because Oracle failed in its own attempts to enter the smartphone market, a Google attorney said in closing arguments on Monday. In a retrial in federal court in San Francisco, Oracle Corp has claimed Google's Android ...

Continue reading

U.S. consumers buck investors' rush to self-driving cars : study

The rear of a Lexus SUV equipped with Google self-driving sensors is seen during a media preview of Google's prototype autonomous vehicles in Mountain View, California, U.S., September 29, 2015. Reuters/Elijah Nouvelage/File Photo U.S. consumers still resist the notion of self-driving cars, accordin...

Continue reading

With HoloLens, Microsoft aims to avoid Google's mistakes

When Google introduced its Google Glass smart glasses four years ago, it turned to Glass-sporting sky divers buzzing a San Francisco convention center, Glass-adorned models at a glitzy fashion show and a Twitter campaign to notify early "Glass Explorers" of their luck in snagging a pair. This year, ...

Continue reading

Iridium launches timing, location service as GPS back-up

U.S. firm Iridium Communications Inc (IRDM.O) on Monday said its Satellite Time and Location (STL) system was ready for use as an alterative or companion to the U.S. Air Force's Global Positioning System (GPS) satellites. Iridium developed the new STL system with Satelles, a private firm, to deliver...

Continue reading

On-demand tech support companies HelloTech, Geekatoo merge

Los Angeles-based startup HelloTech and rival in-home tech support company Geekatoo on Monday said they had merged, in a sign of consolidation in the hotly competitive on-demand sector. HelloTech will combine its network of about 150 college students who provide on-demand tech repair to Southern Cal...

Continue reading

Hackers probe defenses of Middle East banks : FireEye

A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski Hackers are probing the defenses of banks in the Middle East, targeting employees with infected emails which gather information about the banks' network and us...

Continue reading

Toshiba to more than halve its capital base to about $1.8 billion

A man walks past a Toshiba Corp logo displayed on one of its television sets in Tokyo, Japan, November 26, 2015. Reuters/Toru Hanai/File Photo Japan's Toshiba Corp said on Monday it would more than halve its capital base - a move that comes in the wake of a $1.3 billion accounting scandal last year....

Continue reading

Uber deal shows divide in labor's drive for role in 'gig economy'

The International Association of Machinists and Aerospace Workers trumpeted an agreement reached earlier this month to represent New York Uber drivers, saying it "gives organized labor an opportunity to shape the new economy in a way that supports and values workers and their families." But not ever...

Continue reading

EU countries call for the removal of barriers to data flows

An illustration picture shows a projection of binary code on a man holding a laptop computer, in an office in Warsaw June 24, 2013. Reuters/Kacper Pempel Half of the European Union's member states on Monday called for the removal of barriers to the free flow of data both within and outside the 28-na...

Continue reading

To halt smartphone slide, Samsung rewrites playbook

From the way it chooses smartphone components to the models it brings to market, Samsung Electronics has undergone a painful process of breaking from its past to reverse a slide in its handset business. For example, the world's largest smartphone maker agonized over camera specs for its flagship Gal...

Continue reading

Red Hat shares could rise 30 percent in a year: Barron's

Red Hat Inc shares could rise 30 percent in a year as more companies use its server software, according to a report on Sunday in the financial publication Barron's. Raleigh, North Carolina-based Red Hat, which distributes an open source computer system known as Linux, is growing its apps business wh...

Continue reading

First Data shares could rise more than 70 percent: Barron's

First Data Chairman and Chief Executive Frank Bisignano speaks during an interview after his company's initial public offering, on the floor of the New York Stock Exchange October 15, 2015. Reuters/Brendan McDermid First Data Corp shares could rise as much as 70 percent if the company's performance ...

Continue reading

Microsoft to crack down on content promoting extremist acts

SAN FRANCISCO (Reuters) - With the world growing more concerned about attacks by militant groups on civilians, Microsoft Corp on Friday outlined new policies to crack down what it called "terrorist content" on some of its consumer services.

Wrist-band device for alcohol monitoring wins U.S. prize

The BACtrack Skyn wearable alcohol biosensor is seen in an undated handout artist's rendering courtesy of BACtrack. BACtrack/Handout via Reuters A San Francisco-based company has won a U.S. government-sponsored competition with an alcohol monitoring devices that can be worn on the wrist, the latest ...

Continue reading

Macedonian extradited to face U.S. charges on selling card data

NEW YORK (Reuters) - A Macedonian citizen was extradited to the United States on Friday to face charges related to his operation of a website called Codeshop that authorities say was responsible for selling the data of thousands of credit cards from around the world.

Nokia cuts more than a thousand jobs in Finland

HELSINKI (Reuters) - Nokia is cutting 1,032 jobs in Finland as part of a cost-cutting program following its acquisition of Alcatel-Lucent, the telecom network equipment maker said in a statement on Friday.

China approves plan to clean up online finance industry: sources

BEIJING (Reuters) - China's government has approved a plan to clean up the country's online financial sector, according to people with direct knowledge of the matter, including rules to limit the activities of P2P lending firms, the source of recent fraud scandals.

SWIFT tells banks to share information on hacks

The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo International financial messaging service SWIFT told clients on Friday to share information on attacks on the system to help prevent hackings, after criminals used SWIFT messages...

Continue reading

Apple boss to meet India's Modi and his gold iPhone

Apple CEO Tim Cook speaks during an event at Apple headquarters in Cupertino, California March 21, 2016. Reuters/Stephan Lam/Files When Apple Inc CEO Tim Cook meets Indian Prime Minister Narendra Modi this weekend as part of an Asian tour aimed at boosting sales, he will sit down with a man whose pe...

Continue reading

Swedish authorities hold crisis talks after suspected telecoms sabotage

Sweden's civil emergency agency held a crisis meeting on Friday to discuss a number of cases of suspected sabotage involving telecommunications masts and a computer outage that grounded air traffic across much of the country. The incidents have reignited fears of foreign spies and the readiness of S...

Continue reading

Panasonic says it can move up investment for Tesla battery plant if asked

Visitors look at Panasonic Corp's luxury brand home appliances called J concept at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2015 in Makuhari, Japan, October 6, 2015. Reuters/Yuya Shino/File Photo Panasonic Corp is prepared to move up its investment plans for Tesla Motors Inc's bat...

Continue reading

Special Report: Cyber thieves exploit banks' faith in SWIFT transfer network

The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo Shortly after 7 p.m. on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer mo...

Continue reading

Exclusive: Suppliers question Tesla's goals for Model 3 output

Tesla Motors Inc has surprised parts makers with plans to move up the launch of high-volume production of its Model 3 to 2018, two years earlier than planned - an acceleration that supplier executives and industry consultants said would be difficult to achieve and potentially costly. In the past thr...

Continue reading

Samsung to partner with Alibaba on mobile payments in China

A sales assistant sits behind and under Alipay logos at a train station in Shanghai, February 9, 2015. Reuters/Aly Song Samsung Electronics said it had struck a deal with a Alibaba Group Holding for owners of its phones to be able to more easily make payments with Alipay accounts - a move it hopes w...

Continue reading

Google self-drive CEO: No plans to expand Fiat Chrysler partnership

A security guard keeps watch as he walks past a logo of Google at an exhibition stage during the 4th China (Shanghai) International Technology Fair 2016 in Shanghai, China, April 21, 2016. Reuters/Aly Song Google has no plans to expand its partnership with Fiat Chrysler Automobiles NV to create a se...

Continue reading

Apple unveils new store design in San Francisco

Apple Inc unveiled a new vision for its hugely successful retail stores on Thursday, aiming to give shoppers the experience of setting foot in the headquarters of the company credited with inventing the smartphone. Speaking at a media event in San Francisco on Thursday, Apple executives offered a sn...

Continue reading