LONDON (Reuters) - Hackers behind last week’s $530 million cryptocurrency heist -- one of the biggest ever -- have started to move and are trying to sell some of the stolen “XEM” coins, the vice president of the foundation behind the digital currency said on Tuesday. Jeff McDonald ...
LONDON (Reuters) - Hackers behind last week’s $530 million cryptocurrency heist - one of the biggest ever - have started trying to sell some of the stolen “XEM” coins, the vice president of the foundation behind the digital currency said on Tuesday. Jeff McDonald of the NEM Foundat...
LONDON (Reuters) - Britain is reviewing its reliance on satellite-based technology for critical infrastructure including the Global Positioning System (GPS) as the threat of jamming attacks and disruptions grows, a government report said on Tuesday. Emergency services, transport, communications and ...
NUREMBERG, Germany (Reuters) - If the digital revolution is going to consign anything to the dustbin of history, you might think the humble pencil would be a leading contender. However, with such pastimes as doodling and coloring being touted as stressbusters to escape the daily grind and the relent...
SAN FRANCISCO (Reuters) - When Apple Inc (AAPL.O) announces its first-quarter earnings on Thursday, investors will seek signs of whether the company’s $999 iPhone X launched last autumn was a Steve Jobs-style hit or, as more analysts suspect, a letdown. In recent weeks, Wall Street analysts ha...
WALLDORF, Germany (Reuters) - Europe’s top technology company SAP (SAPG.DE) announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins. The German company is midwa...
(Reuters) - BP Plc said it had invested $5 million in U.S. mobile electric vehicle charging company FreeWire, helping it provide rapid charging at its retail sites in Britain and Europe, as demand for cleaner vehicles is expected to soar. BP joins rival Royal Dutch Shell, which last year agreed to b...
TOKYO (Reuters) - Japan’s Canon Inc said it expects operating profit to surge in 2018 to its highest level in a decade, helped by cost cuts in its copier and printer business as well as growth in new fields such as medical equipment and surveillance cameras. It forecast operating profit to ris...
(Reuters) - Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease portfolio of its auto-leasing business Xchange Leasing to startup digital car marketplace Fair. The companies did not disclose financial terms. “We bought every car in the portfolio that is subject...
WALLDORF, Germany (Reuters) - SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott had promised a “dynamite” final quarter in its cloud business, as Europe’s top technology company announced a $2.4 billion U.S. acquisition. Fourth-qu...
TOKYO (Reuters) - Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018 to its highest level in a decade, as it reaps the rewards of its efforts to diversify away from copiers and cameras. Canon forecast operating profit to rise to 420 billion yen ($3.9 bill...
TOKYO (Reuters) - Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018, marking its second consecutive year of profit gains as its efforts to diversify away from copiers and cameras pay off. Canon forecast operating profit to rise to 420 billion yen ($3.9 b...
DETROIT (Reuters) - Fiat Chrysler Automobiles NV (FCA) will provide Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc’s self-driving unit begins rolling out its first public ride-hailing service later this year, the companies said on Tuesday. Depending on its scope and scale, th...
(Reuters) - German business software group SAP SE on Monday said its unit SAP America Inc will buy cloud-based company Callidus Software Inc for a total enterprise value of $2.4 billion. The deal represents a per share purchase price of $36, which is a premium of about 10 percent to Callidus’s...
TAIPEI (Reuters) - Qualcomm Inc will pay T$390 million ($13.35 million), its first installment of a fine for anti-trust violations in Taiwan, the Taiwan Fair Trade Commission said on Tuesday, as the U.S. chipmaker grapples with issues around its business model. The first payment is part of 60 instal...
MUMBAI (Reuters) - Indian ride-hailing company Ola announced plans on Tuesday to enter Australia, marking its first foray outside its home market and intensifying its tussle with U.S. rival Uber Technologies Inc. Ola will begin inviting private vehicle owners and driver partners to work with it in t...
(Reuters) - Microsoft Corp issued an emergency security update on Monday to plug Intel Corp’s buggy Spectre firmware patch after the chipmaker’s fix caused computers to reboot more often than normal. Microsoft said it was rolling out an out-of-band update that specifically disables Intel...
TOKYO (Reuters) - Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc. Earlier, CNBC reported that discussions were ongoing for a deal that could be valued at up to $20 bill...
WASHINGTON (Reuters) - The top U.S. communications regulator, wireless companies and some lawmakers oppose an idea by members of President Donald Trump’s national security team for the government to build a 5G wireless network to counter China spying on phone calls. The Trump administration ha...
WASHINGTON (Reuters) - A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills like slot machines dispensing a jackpot, a senior U.S. Secret Service officia...
(Reuters) - Japanese chip company Renesas Electronics Corp (6723.T) is in talks to acquire U.S. chipmaker Maxim Integrated Products Inc (MXIM.O) in a deal that could be valued up to $20 billion, CNBC reported on Monday. A deal is not imminent and one may not happen, CNBC said. cn...
WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis has ordered a review of security protocols, officials say, after fitness tracking devices broadcast patterns of movement at military facilities around the world, including in war zones. Nathan Russer, a student at the Australian National Unive...
(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said on Monday the social media website would focus on promoting local news in its latest update. “Starting today, we’re going to show more stories from news sources in your local town or city,” Zuckerberg said in a Facebook ...
ZURICH (Reuters) - The president of a foundation that controls funding for a cryptocurrency project called Tezos has pledged to “step back” from his role once the project is back on track, after months of dysfunction and public battles with Tezos’ founders. Tezos raised $232 millio...
NEW YORK (Reuters) - Altice USA Inc said on Monday that Netflix Inc is now available through its new set-top box, the latest U.S. cable operator to form an alliance with the streaming service. Such partnerships help Netflix add customers as its growth matures in the United States. Neftlix’s Ch...
(Reuters) - Apple Inc (AAPL.O) will halve its iPhone X production target for the first quarter to around 20 million units, Nikkei reported on Monday, sending its shares down more than 2 percent in early trading. The report added to growing concerns around weak sales of the $999 phone, making investo...
FRANKFURT (Reuters) - Germany’s BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and robotaxi alliance with Daimler to compete against the likes of Uber and Lyft. BMW is close to agreeing a deal to combine its car-sharing services with...
(Reuters) - Apple Inc (AAPL.O) has notified suppliers that it will halve its iPhone X production target for the first quarter to around 20 million units, Nikkei reported on Monday without citing a source. The cut was prompted by slower-than-expected sales in the holiday shopping season in Europe, th...
BEIJING (Reuters) - Alibaba Group Holding Ltd and Foxconn Technology Co Ltd have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors as competition escalates in the new energy vehicle (NEV) market. The latest injection brings the startup company&rsquo...
TOKYO (Reuters) - Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its exchange in one of the biggest cyber heists on record. The theft highlights ...