WASHINGTON (Reuters) - A loophole in the new U.S. tax law could allow multinational corporations like Apple Inc to avoid paying billions of dollars in taxes on profits stashed overseas, according to experts. Stemming from a Republican overhaul of international business taxes, the loophole involves t...
(Reuters) - Advanced Micro Devices Inc said on Thursday its microprocessors are susceptible to both variants of the Spectre security flaw, days after saying its risk for one of them was “near zero”. In a subsequent statement Thursday, AMD said there was “no change” to its pos...
MEXICO CITY (Reuters) - Mexico’s attorney general’s office is investigating an attempt to hack and rob Bancomext, the government-run export bank, an official said on Thursday. The hackers were not successful in siphoning money from the bank’s accounts, said the official at the atto...
(Reuters) - Alphabet Inc’s (GOOGL.O) Google said on Thursday it had already deployed software patches against the Spectre and Meltdown chipset security flaws last year, without slowing down its cloud services. The flaws, which affect chips from Intel, AMD and ARM, allow hackers to read a compu...
(Reuters) - The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned...
(Reuters) - Data-sharing business Dropbox Inc has filed confidentially for a U.S. initial public offering, a source close to the matter said on Thursday. The IPO will be led by Goldman Sachs Group Inc (GS.N) and JPMorgan Chase & Co (JPM.N), Bloomberg reported earlier, citing people familiar with...
(Reuters) - Encrypted messaging app Signal said it had partnered with Microsoft Corp to encrypt messages on the technology giant’s online communications service, Skype. Microsoft is the latest to join a growing list of companies including Alphabet Inc's Google and Facebook Inc to encrypt ...
(Reuters) - The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned...
(Reuters) - International Business Machines Corp plans to reassign up to 30 percent of the 103,000 staff in its computer service delivery business this year with job cuts through attrition of around 10,000, technology website The Register reported on Thursday, citing unnamed company insiders. &ldquo...
(Reuters) - Senior Democrats in the U.S. House of Representatives urged cancellation of a vote set for Thursday on whether to renew the National Security Agency’s warrantless internet surveillance program after President Donald Trump appeared to initially question the merits of the program. Re...
LONDON (Reuters) - International Business Machines Corp plans to reassign up to 30 percent of staff in its 103,000 computer service delivery business this year with job cuts through attrition of around 10,000, technology website The Register reported on Thursday, citing unnamed company insiders. &ld...
(Reuters) - Shares of MoneyGram International Inc jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and bitcoin-rival Ripple. As part of the arrangement, MoneyGram will test the use of Ripple’s cryptocurrency, XRP, to move funds in a faste...
(Reuters) - The U.S. House of Representatives plans to vote on Thursday on whether to renew the National Security Agency’s warrantless internet surveillance program, which has been the target of privacy advocates who want to limit its impact on Americans. The vote is the culmination of a years...
(Reuters) - The U.S. House of Representatives plans to vote on Thursday on whether to renew the National Security Agency’s warrantless internet surveillance program, as privacy advocates have mounted a last-ditch effort to limit its impact on Americans. The vote is the culmination of a yearslo...
(Reuters) - Lockheed Martin Corp said on Thursday it had connected key components of its new long-range discrimination radar (LRDR) with its Aegis Ashore missile-defense system to enhance Aegis’s capabilities. With this technology, the Aegis missile-defense system - a collection of radar stati...
LONDON (Reuters) - International Business Machines Corp plans to reassign up to 30 percent of staff in its 103,000 computer service delivery business this year with job losses through attrition of around 10,000, technology website The Register reported on Thursday, citing unnamed company insiders. T...
BERLIN (Reuters) - Germany’s Rocket Internet (RKET.DE) needs to hold on to its mountain of cash so it can compete with rivals from the United States and China and pounce when investment opportunities arise, the chief executive said in an interview. The internet investor has a cash and equity w...
SEOUL (Reuters) - The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in ...
FRANKFURT (Reuters) - Taxify, Uber’s upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where it now operates into secondary markets, Chief Executive Markus Villig said on Thursday. The Estonia-based taxi-hailin...
SEOUL (Reuters) - South Korea’s largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation said on Thursday. “A few officials from the National Tax Service raided our office this week,” an offici...
SHANGHAI (Reuters) - China’s cyber watchdog has scolded Ant Financial, Alibaba’s payment affiliate, for compromising user privacy after many users of its Alipay service were automatically enrolled in its credit scoring system. The Cyberspace Administration of China (CAC) said in a statem...
WASHINGTON (Reuters) - The U.S. Senate’s financial services panel will hold a hearing next month with the country’s top markets regulators to discuss bitcoin amid rising concerns over the risks cryptocurrencies pose to the financial system, a person with direct knowledge of the matter to...
SEOUL (Reuters) - Hyundai Motor Co (005380.KS) said on Thursday it had invested in Singapore-based ride-hailing firm Grab, in the South Korean automaker’s first foray into the rapidly growing sector as it tries to diversify following a sales slump in China. Grab has expanded to eight Southeast...
SEOUL (Reuters) - South Korea’s largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation said on Thursday. “A few officials from the National Tax Service raided our office this week,” an offici...
WASHINGTON (Reuters) - The U.S. Senate’s financial services panel will hold a hearing next month with the country’s top markets regulators to discuss bitcoin amid rising concerns over the risks cryptocurrencies pose to the financial system, a person with direct knowledge of the matter to...
LAS VEGAS (Reuters) - The digital economy’s big annual trade show, CES, suffered a brief, disruptive plunge into darkness on Wednesday because of a power outage the show’s organizers blamed on a glitch caused by heavy rains the day before in usually sunny Nevada. The irony of a partial b...
(Reuters) - Nvidia Corp is updating the software for its graphics processors in response to the Spectre security threat, but its chief executive said on Wednesday its chips were not subject to the same risks as those from Intel and other companies. “Our GPUs are immune,” Nvidia CEO Jense...
WASHINGTON (Reuters) - Two Senate Democrats are proposing large new fines for credit reporting agencies that lose consumers’ personal information in data breaches, according to a bill they introduced on Wednesday. The bill would impose potentially significant fines against companies like Equif...
WASHINGTON (Reuters) - An Ohio man was charged in a 16-count indictment on Wednesday for allegedly using malware known as “Fruitfly” to surreptitiously record people by secretly taking over their computer cameras and microphones, the U.S. Justice Department said. The indictment said that...
(Reuters) - Nvidia Corp is having to adapt the software its graphics chips use to connect to other computers in response to the Spectre security threat, but its chief executive declared on Wednesday that its core products were not subject to the same risks as microprocessor makers such as Intel. &ld...
