Ransomware: Extortionist hackers borrow customer-service tactics

The Hollywood Presbyterian Medical Center is pictured in Los Angeles, California February 16, 2016. Reuters/Mario Anzuoni When hackers set out to extort the town of Tewksbury, Massachusetts with "ransomware," they followed up with an FAQ explaining the attack and easy instructions for online payment...

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Electronic Arts attracts more investors even as stock fizzles

An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. Reuters/Lucy Nicholson Fresh off a two-year stock rally and a win with its "Star Wars: Battlefront" title, Electronic Arts Inc is attracting sizeable...

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Germany keen to test self-driving cars on the road

German Chancellor Angela Merkel in Metz, eastern France, April 7, 2016. Reuters/Thibault Camus/Pool Chancellor Angela Merkel told carmakers on Tuesday that they should soon be able to test self-driving vehicles on German roads by promising to remove legal barriers. Germany is home to some of the wor...

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China says tech firms pledge to counter online terror activities

A smartphone with an Android operating system and the Baidu Browser application is seen in this picture illustration taken February 22, 2016. Reuters/Damir Sagolj - Twenty-five Chinese technology companies have signed a pledge to counter images and information online that promote terrorism, the inte...

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China says tech firms pledge to counter online terror activities

A smartphone with an Android operating system and the Baidu Browser application is seen in this picture illustration taken February 22, 2016. Reuters/Damir Sagolj - Twenty-five Chinese technology companies have signed a pledge to counter images and information online that promote terrorism, the inte...

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Box's new service allows customers to store data in Europe, Asia

Cloud storage provider Box Inc unveiled a service that allows businesses in Europe and Asia to store data regionally, at a time when governments demand greater protection for their data in the backdrop of revelations about massive U.S. surveillance programs. Box Zones, to be available next month, us...

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Alibaba to buy controlling stake in Lazada for about $1 billion

A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China, October 14, 2015. Reuters/Stringer Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday it agreed to buy a controlling stake in online retailer Lazada for about $1 billion to expand its platf...

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Software flaws used in hacking more than double, setting record

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files The number of previously unknown software flaws used by hackers more than doubled last year, a new report says, in another sign of the increasing sophistication of cybercrime...

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Pitch perfect: mobile makers, telcos drawn to hi-res audio

Mostly young, male audiophiles throng a Singapore hotel ballroom, intently assessing headphones, earbuds and in-ear monitors - priced from $50 to as much as $10,000. Alongside are banks of dedicated digital audio players (DAPs), with an entire wall of the expo showcasing the king of DAPs: iriver. Le...

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Business Wire disrupted by power outage, Alcoa statement delayed

A temporary outage hit Business Wire, the press release distribution company owned by Warren Buffett's Berkshire Hathaway Inc, on Monday, delaying the release of many company statements including Alcoa Inc's earnings report. Business Wire was down due to a power outage at a third party co-location f...

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Business Wire goes down ahead of Alcoa's earnings statement

Berkshire Hathaway Inc's Business Wire website, which distributes press releases issued by companies, went down just before the U.S. stock market closed on Monday. The disruption hampered, among other planned statements, the distribution of Alcoa Inc's first-quarter earnings release, which marks the...

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SEC charges Texas attorney general for role in stock scam

Texas Attorney General Ken Paxton in Washington March 2, 2016. Reuters/Kevin Lamarque U.S. regulators charged Texas Attorney General Ken Paxton on Monday for his alleged role in a stock scam that defrauded investors in a Texas-based technology company called Servergy Inc. The U.S. Securities and Exc...

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Italy aims to boost wine sales on Alibaba network ten-fold

Italy and Alibaba hope to boost the share of Italian wine sold on the Chinese e-commerce network 10-fold as part of wider moves to increase Italian wine exports to China where it still lags France and other wine-making peers. In a joint conference with Italian Prime Minister Matteo Renzi, Alibaba fo...

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Verizon's wireline employees plan to strike starting April 13, unions say

Verizon Communications Inc's wireline employees have decided to go on strike starting April 13, as no resolution is seen in ongoing contract talks, the unions representing its wireline unit workers said on Monday. Communications Workers of America (CWA) and International Brotherhood of Electrical Wo...

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In-flight Wi-Fi market heats up as satellite services come online

A man uses his laptop while on a special JetBlue media flight out of John F. Kennedy International Airport in New York December 11, 2013. Reuters/Lucas Jackson In-flight Wi-Fi may sound like a great way to keep in touch with friends and family or catch up on work, but services are often so slow, you...

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Brexit could boost UK financial technology firms - but only in short-term

The City of London financial district is seen from Primrose Hill, April 10, 2015. Reuters/Toby Melville Britain leaving the European Union could give fledgling financial technology companies an immediate shot in the arm but deprive them of expansion later on, industry officials said on Monday. The i...

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Israel to tax foreign companies' online activities

A blimp reading ''Google must pay tax'' is seen floating over the Tel Aviv skyline April 3, 2016. Reuters/Baz Ratner Israel is to start collecting value added tax (VAT) and income taxes from foreign companies that do substantial business over the Internet in Israel. Under new guidelines issued by th...

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Microsoft offers first major endorsement of new EU-U.S. data pact

Microsoft CEO Satya Nadella delivers the keynote address during the Microsoft Build 2016 Developer Conference in San Francisco, California March 30, 2016. Reuters/Beck Diefenbach Microsoft (MSFT.O) became on Monday the first major U.S. tech company to say it would transfer users' information to the ...

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Jaguar Land Rover launches tech venture to test car-sharing

The logo of Jaguar is pictured at at the 37th Bangkok International Motor Show in Bangkok, Thailand, March 22, 2016. Picture taken March 22, 2016. Reuters/Chaiwat Subprasom Jaguar Land Rover (JLR) launched a technology business on Monday which aims to create apps for services such as car-sharing, th...

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Dell unit SecureWorks valued at up to $1.42 billion in IPO

Dell logos are seen at its headquarters in Cyberjaya, outside Kuala Lumpur in this September 4, 2013 file photo. Reuters/Bazuki Muhammad/Files Dell Inc's [DI.UL] cyber security unit, SecureWorks Corp, said its initial public offering was expected to be priced at $15.50-$17.50 per share, valuing the ...

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UK's CMA voices serious concerns over Hutchison-Telefonica deal

Women use their mobile phones outside an O2 shop in Loughborough, central England January 23, 2015. Reuters/Darren Staples UK's Competition and Markets Authority (CMA) has expressed serious concerns about the proposed merger between Hutchison 3G UK and Telefonica UK and sought the European Commissio...

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LG Electronics tips January-March profit to be best quarter in nearly two years

People walk past a LG Electronics logo during the Mobile World Congress in Barcelona, Spain February 25, 2016. Reuters/Albert Gea South Korea's LG Electronics Inc said its first-quarter operating profit likely rose 66 percent, pointing to its best quarter in nearly two years with earnings apparently...

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Tech start-ups snap at the heels of Asian private bankers

Scanning a bank statement into a computer may not sound particularly high-tech, but it's unsettling some of Asia's private bankers. By aggregating all the monthly statements mailed to high net worth individuals on the multiple accounts they hold at different institutions, Singapore start-up Mesitis ...

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Daily Mail parent in talks with private equity for Yahoo bid: WSJ

A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, in this file picture taken December 12, 2012. Reuters/Denis Balibouse The parent company of the British newspaper, the Daily Mail, is in talks with several private equity firms about a possible bid for Yahoo I...

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Japan government, Toyota, Nissan to step up efforts on intelligent maps: Nikkei

Toyota Motor Corp's self-driving technology ''Mobility Teammate Concept'' prototype car changes lane on the Metropolitan Expressway during the Toyota Advanced Technologies media preview in Tokyo, Japan, October 8, 2015. Reuters/Yuya Shino Japan's government and auto giants Toyota Motor Corp Nissan M...

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SAP quarterly results fall short as U.S. market slows

Logo of German company SAP is pictured at the CeBit computer fair in Hanover, March, 6, 2012. Reuters/Fabian Bimmer Europe's largest software company, SAP (SAPG.DE), warned late on Friday that first-quarter results would be weaker than expected due to slower sales of software licenses to corporate c...

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U.S. to continue appeal of iPhone data case in New York

The U.S. Justice Department on Friday said it would keep fighting to force Apple Inc to open an iPhone in a New York drug case, continuing its controversial effort to require Apple and other tech companies to help law enforcement authorities circumvent encryption. Just two weeks ago, the government ...

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Crown Castle buys Tower Development Corp for $461 million

Telecom tower operator Crown Castle International Corp (CCI.N) said it bought Berkshire Partners-owned Tower Development Corp for $461 million in cash. The deal would immediately add to Crown Castle's adjusted funds from operations per share and contribute about $25 to $27 million to site rental gro...

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Leak of Senate encryption bill prompts swift backlash

Security researchers and civil liberties advocates on Friday condemned draft legislation leaked from the U.S. Senate that would let judges order technology companies to assist law enforcement agencies in breaking into encrypted data. The long-awaited bill is emerging just as the U.S. Justice Departm...

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Yahoo extends deadline for bids by a week: Re/code

Yahoo Inc (YHOO.O) has extended the deadline to bid for its businesses by a week to April 18, technology news website Re/code reported, citing people familiar with the matter. Yahoo, whose shares were up 1.7 percent in early trading, had set an April 11 deadline for preliminary bids, which could yie...

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