Mobileye says its software would have seen pedestrian in Uber fatality

SAN FRANCISCO (Reuters) - The head of Mobileye said on Monday its computer vision system would have detected the pedestrian crossing the road in Arizona who was killed by a self-driving Uber vehicle, and called for a concerted move to validate the safety of autonomous vehicles.

Facebook shares dip as U.S. regulator announces privacy probe

WASHINGTON (Reuters) - Facebook Inc shares fell as much as 6.5 percent on Monday after the main U.S. consumer protection regulator said it was investigating how the social network allowed data of 50 million users to get into the hands of a political consultancy.

Twitter to ban cryptocurrency ads from Tuesday as online crackdown widens

LONDON (Reuters) - Twitter Inc will start banning cryptocurrency advertising from Tuesday, joining Facebook and Google in a clampdown that seeks to avoid giving publicity to potential fraud or large investor losses.

Finland's Hatch plans Netflix-style streaming for mobile games

HELSINKI (Reuters) - Hatch Entertainment, a spin-off from the game maker behind the Angry Birds franchise, is testing streaming access to mobile games the way Netflix does for movies or Spotify for music.

FCC chief proposes steps to protect U.S. communications networks

WASHINGTON (Reuters) - Federal Communications Commission Chairman Ajit Pai on Monday said he was proposing new rules to bar the use of funds from a government program to purchase equipment or services from companies that pose a security threat to U.S. communications networks.

Twitter to ban crypto ads as online crackdown widens

LONDON (Reuters) - Twitter is to ban cryptocurrency advertising, joining Facebook and Google in a clampdown on the industry over the risk of giving publicity to potential fraud or large investor losses.

Spotify sees revenue growth easing as gears up for listing

STOCKHOLM (Reuters) - Spotify, the world's top selling music streaming service, expects revenue to grow 20-30 percent this year as currency swings slow the pace from 2017, it said on Monday, as it gears up for a highly anticipated stock listing next week.

China's OPPO embraces Xiaomi's flash sale gambit to grow Indian base

MUMBAI (Reuters) - Chinese smartphone maker OPPO, which has ceded ground to Xiaomi in the Indian market, is looking to take a page out of its Chinese rival's marketing playbook with plans to hold its first online flash sale in the country early next week.

British PM May says EU looking at interim taxes on digital firms

LONDON (Reuters) - Britain and the European Union are looking at whether interim taxation is needed to ensure digital firms are paying the right amount of tax, Prime Minister Theresa May said on Monday.

Cboe urges U.S. regulators to move forward with bitcoin ETFs

NEW YORK (Reuters) - U.S. securities regulators should not stand in the way of exchange-traded funds that hold cryptocurrencies like bitcoin from coming to the market as they are essentially the same as other ETFs that hold commodities, said exchange operator Cboe Global Markets.

Facebook shares tumble as U.S. regulator announces privacy probe

(Reuters) - Shares of Facebook Inc fell more than 5 percent on Monday after the U.S. Federal Trade Commission made public its investigation of the social network following the disclosure that data of 50 million users got into the hands of political consultancy Cambridge Analytica.

Twitter to ban cryptocurrency adverts on its platform

LONDON (Reuters) - Twitter Inc is to ban most advertising of cryptocurrencies on its platform, joining Facebook and Google in a clampdown on the nascent industry, the company said in a statement.

FCC chairman proposes steps to protect U.S. communications networks, supply chains

WASHINGTON (Reuters) - Federal Communications Commission chairman Ajit Pai on Monday said he was proposing new rules to bar the use of funds from a government program to purchase equipment or services from companies that pose a security threat to U.S. communications networks or the supply chain.

Advertisers look to online ads for brand growth: Zenith

(Reuters) - Money spent on online advertising has risen rapidly, a leading forecaster said, despite talk about firms trimming digital ad budgets as they question the medium's effectiveness.

Pep Boys suspends Facebook ads after data security breach

(Reuters) - U.S. auto parts retailer Pep Boys said on Monday it is suspending all advertising on Facebook Inc following concerns of data privacy, joining internet company Mozilla Corp in pulling ads from the social networking site.

Spanish police arrest suspected mastermind of $1 billion bank hacks

AMSTERDAM (Reuters) - Spanish police have arrested the suspected leader of a gang of cyber criminals that stole as much as 1 billion euros ($1.2 billion) from banks by altering account balances and instructing automatic teller machines to issue cash, Europol said on Monday.

As Uber bows out to Grab, drivers and riders bemoan loss of choice

SINGAPORE (Reuters) - A mix of concern and disappointment met Uber Technologies Inc's [UBER.UL] deal to sell its Southeast Asian business to bigger regional rival Grab, as drivers and users of the ride-hailing firms took in the prospect of sharply reduced competition.

Spotify sees 2018 revenue growing 20-30 percent, slower than 2017

STOCKHOLM/LONDON (Reuters) - Spotify, the world's biggest selling music streaming service, expects revenue to grow 20-30 percent this year as currency swings slow the pace from 2017 and it gears up for one of Europe's most anticipated stock listings.

Spanish police arrest suspected mastermind of bank cyber attacks

AMSTERDAM (Reuters) - Spanish National police have arrested a person suspected of leading a gang of cyber criminals that targeted banks, altering account balances and instructing automatic tellers to eject cash, causing as much as a billion euros ($1.2 billion) in damages, Europol said on Monday.

Facebook to expand its local news feature beyond U.S.

(Reuters) - Facebook Inc said on Monday it would expand its local news push beyond the United States to provide users with more stories from local sources covering their current cities and other cities of interest.

Apple, IBM chiefs call for more data oversight after Facebook breach

BEIJING (Reuters) - Executives from Apple Inc and IBM Corp have called for more oversight on how personal data is used following the Facebook Inc breach that saw roughly 50 million users' data misused by consultancy Cambridge Analytica.

Americans less likely to trust Facebook than rivals on personal data

(This March 25 story has been corrected to remove reference to level of trust being lost over time)

Uber sells Southeast Asia business to Grab after costly battle

SINGAPORE/SAN FRANCISCO (Reuters) - Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said on Monday, marking the U.S. company's second retreat from an Asian market.

Megaupload founder wins battle in ongoing fight against U.S. extradition

WELLINGTON (Reuters) - Internet entrepreneur Kim Dotcom won one battle with New Zealand authorities on Monday when a Wellington court ruled the attorney general broke the law by refusing his request to be given all information about him held by public agencies.

Uber to sell Southeast Asia business to Grab after costly battle

SINGAPORE/SAN FRANCISCO (Reuters) - Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market.

Uber agrees to sell Southeast Asia business to Grab after costly battle

SINGAPORE (Reuters) - Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market.

EU antitrust chief keeps open threat to break up Google: report

(Reuters) - The European Union holds "grave suspicions" about the dominance of internet giant Google and has not ruled out breaking it up, according to a warning by the EU's antitrust chief, Britain's Telegraph reported on Sunday.

Facebook: call, text history logging requires users' permission

(Reuters) - Facebook Inc, responding to reports in some technology industry media that it has been logging users' call and text history without their permission, said in a statement on Sunday that the function "has always been opt-in only."

Uber to sell Southeast Asia business to rival Grab: sources

SINGAPORE (Reuters) - Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, sources with knowledge of the matter said on Sunday, in what would be the U.S. company's second retreat from Asia.

Furor erupts around Indian PM Modi's app over alleged data sharing

MUMBAI (Reuters) - Allegations that Indian Prime Minister Narendra Modi's official mobile application https://play.google.com/store/apps/details?id=com.narendramodiapp&hl=en was sending personal user data to a third party without their consent caused a furor on social media in India and drew cri...

Continue reading