(Reuters) - Uber Technologies [UBER.UL] is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake in the company, CNBC reported, citing two sources familiar with the matter. No deal has been reached yet and the timing of any deal is uncer...

BRUSSELS (Reuters) - A Belgian court threatened Facebook (FB.O) on Friday with a fine of up to 100 million euros ($125 million) if it continued to break privacy laws by tracking people on third-party websites. In a case brought by Belgium’s privacy watchdog, the court also ruled that Facebook ...

WASHINGTON (Reuters) - Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House Council of Economic Advisers estimated in a report on Friday. The report quoted the U.S. intelligence community as saying the main foreign culprits responsible for much...

WASHINGTON (Reuters) - A White House report estimated on Friday that malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016. The estimate was contained in a report by the White House Council of Economic Advisers on the economic costs of cyber threats. The report ...

MUMBAI (Reuters) - WhatsApp will launch a “full feature” inter-bank money transfer service in India, its biggest market, after a test involving a million users, National Payments Corp of India said. Friday’s statement marks the de facto official launch of WhatsApp’s new servi...

BRUSSELS (Reuters) - A Belgian court threatened Facebook (FB.O) with a fine of up to 100 million euros ($125 million) if it continued to break privacy laws by tracking people on third party websites. In a case brought by Belgium’s privacy watchdog, the court also ruled on Friday that Facebook ...

LONDON (Reuters) - Taxi service Uber, battling to retain its license to operate in the British capital, said on Friday it would introduce new safety features, including 24-hour telephone support for riders and drivers. The app said it would review all previous serious complaints and, from next month...

MAGNITOGORSK, Russia (Reuters) - Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday. The disclosure, buried at the bottom of a central bank report on digi...

MUMBAI (Reuters) - Walmart Inc (WMT.N) is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc (AMZN.O) in Asia’s third-largest economy, two sources familiar with the matter said on Friday. In what would be one of its big...

MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s third-largest economy, two sources familiar with the matter said on Friday. In what would be one of its biggest overseas dea...

MAGNITOGORSK, Russia (Reuters) - Unknown hackers stole 339.5 million rubles ($6 million) in an attack on the SWIFT international payments messaging system in Russia last year, the Russian central bank said on Friday. The disclosure, buried at the bottom of a central bank report on digital thefts at ...

MEXICO CITY (Reuters) - Mercado Libre, Latin America’s home-grown e-commerce firm, said on Thursday that it would open two large distribution centers in Mexico as part of an effort to improve its logistics in the country. Buenos Aires-based Mercado Libre said it would invest $100 million to op...

WASHINGTON (Reuters) - The Federal Communications Commission said on Thursday an investigation had found that a Brooklyn bitcoin mining operation interfered with T-Mobile US Inc’s (TMUS.O) broadband network. The company had complained about interference to its 700 MHz LTE network in Brooklyn f...

WASHINGTON/LONDON (Reuters) - The White House on Thursday blamed Russia for the devastating ‘NotPetya’ cyber attack last year, joining the British government in condemning Moscow for unleashing a virus that crippled parts of Ukraine’s infrastructure and damaged computers in countri...

WASHINGTON/LONDON (Reuters) - The White House on Thursday blamed Russia for the devastating ‘NotPetya’ cyber attack last year, joining the British government in condemning Moscow for unleashing a virus that crippled parts of Ukraine’s infrastructure and damaged computers in countri...

WASHINGTON (Reuters) - The United States on Thursday publicly blamed Russia for carrying out the so-called NotPetya cyber attack last year that crippled government and business computers in Ukraine before spreading around the world. The statement by the White House came hours after the British gover...

NEW YORK (Reuters) - Bitcoin rose above $10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit in mid-December. Bitcoin has been buffeted this year by a series of negative headlines center...

NEW YORK (Reuters) - The U.S. derivatives regulator warned investors on Thursday about cryptocurrency “pump-and-dump” scams that aim to rip off investors by inflating the price of volatile virtual tokens through spreading bogus information. The Commodities Futures Trading Commission said...

WASHINGTON (Reuters) - Amazon.com Inc will pay a roughly $1.2 million penalty to settle nearly 4,000 alleged violations of U.S. law in a move to prevent harmful exposure to pesticides through illegal sales, the U.S. Environmental Protection Agency said on Thursday. Amazon agreed to closely monitor a...

WASHINGTON (Reuters) - Amazon.com Inc will pay a roughly $1.2 million penalty to settle nearly 4,000 alleged violations of U.S. law in a move aimed at preventing harmful exposure to pesticides through illegal sales, the U.S. Environmental Protection Agency said on Thursday. In a statement, the EPA s...

NEW YORK (Reuters) - Bitcoin rose above $10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit around mid-December. On the Luxembourg-based Bitstamp, bitcoin rose as high as $10,095.82 BTC...

(Reuters) - Global package delivery company FedEx Corp said on Thursday it has secured some of the customer identification records that were visible earlier this month on an unsecured server, and so far has found no evidence that private data was “misappropriated.” The server stored more...

NEW YORK (Reuters) - Azlo, a U.S. digital banking startup that is majority-owned by Banco Bilbao Vizcaya Argentaria S.A., will open for business this week, marking the latest effort by the Spanish lender to attract a new generation of digital-savvy customers. The startup, which will offer online ban...

BERLIN (Reuters) - Volkswagen (VOWG_p.DE) is looking at Apple (AAPL.O) products for guidance on how to style its new generation of electric cars, its top designer said, as the automaker aims to turn profits on battery-powered vehicles when they launch in 2020. The U.S. tech giant has brought about a...

TEL AVIV (Reuters) - Israel’s CommonSense Robotics, whose technology enables retailers to offer quick and affordable grocery deliveries, said on Thursday it has raised $20 million in an early-stage investment round, bringing its total funding to $26 million. The round was led by Playground Glo...

CARACAS (Reuters) - Widerven Villegas and his brother wash some 30 cars a day at a parking lot in Caracas. Despite charging less than 50 cents, nobody pays them in cash. In tech hubs from San Francisco to Tokyo, payment is conveniently made through software on phones and watches on a routine basis. ...

BRUSSELS (Reuters) - Europe’s justice commissioner told Facebook (FB.O), Twitter (TWTR.N) and Google (GOOGL.O) on Thursday to do more to bring their user terms in line with EU law, saying proposals submitted by the tech giants were considered insufficient. Slideshow (2 Images) The European Uni...

LONDON (Reuters) - Hedge funds focused on trading cryptocurrencies more than doubled in the four months to Feb. 15, hitting a record high of 226, showed new data from fintech research house Autonomous NEXT on Thursday. The firm had recorded just 110 global hedge funds with a similar strategy as of O...

LONDON (Reuters) - Britain blamed Russia on Thursday for a cyber-attack last year, publicly pointing the finger at Moscow for spreading a virus which disrupted companies across Europe including UK-based Reckitt Benckiser. The so-called NotPetya attack in June started in Ukraine where it crippled gov...

TOKYO (Reuters) - Cryptocurrency investors launched a lawsuit against Coincheck Inc on Thursday, seeking to force the Tokyo-based exchange to allow them to withdraw assets worth $183,000 frozen after last month’s $530 million heist of digital money. The group of seven investors filed a suit at...