Leaked data from massive Malaysian breach 'likely available online for long time'

KUALA LUMPUR/SINGAPORE (Reuters) - Personal details of tens of millions of Malaysians obtained from a 2014 data breach have likely been available for sale for a long time, according to the founder of an online portal who revealed the massive data breach this week. FILE PHOTO: Diners check their phon...

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TripAdvisor to offer Takeaway's food delivery in Europe

AMSTERDAM (Reuters) - TripAdvisor users will be able to order meal deliveries in nine European countries under a deal with Dutch online food delivery company Takeaway.com. FILE PHOTO - The logo for a travel website company TripAdvisor Inc is shown on a computer screen in this illustration photo in E...

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Credit Suisse CEO skeptical about Bitcoin 'bubble'

ZURICH (Reuters) - Credit Suisse Chief Executive Tidjane Thiam on Thursday expressed caution about Bitcoin, saying the current interest in the crypto-currency could eventually subside. FILE PHOTO: CEO Tidjane Thiam of Swiss bank Credit Suisse attends the bank's extraordinary shareholder meeting in Z...

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Bitcoin skyrockets above $7,000 for first time ever

LONDON (Reuters) - Digital currency bitcoin rocketed above $7,000 for the first time ever on Thursday, after a more than sevenfold increase in its value since the start of the year. FILE PHOTO: A sign is seen outside a business where a Bitcoin ATM is located in Toronto, Ontario, Canada June 3, 2017....

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App developer access to iPhone X face data spooks some privacy experts

SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) won accolades from privacy experts in September for assuring that facial data used to unlock its new iPhone X would be securely stored on the phone itself. A attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 20...

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Apple market value: We may need a bigger chart

SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were “off the charts,” but it might be the company’s market capitalization that needs a bigger ...

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Ride-hailing firm Grab launches e-wallet for hawker stalls in Singapore

SINGAPORE (Reuters) - Ride-hailing firm Grab launched its GrabPay digital wallet for hawker stalls, restaurants and shops in Singapore, making its latest big push into electronic payments as part of its efforts to expand beyond transportation services. A woman uses her phone near a sign for the onli...

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Facebook profit soars, with no sign of impact from Russia scandal

(Reuters) - Facebook Inc (FB.O) faced harsh criticism in Washington on Wednesday over its failure to prevent Russian operatives from using its platform for election meddling, but the earnings report it issued hours later showed just how insulated its business remains from political risk. A 3D-printe...

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Demand for modem, IoT chips helps Qualcomm top estimates

(Reuters) - Qualcomm Inc’s fourth-quarter profit and revenue beat market expectations as strength in its smartphone chips business was complemented by demand for chips used in automobiles and for the Internet of Things (IoT). FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, Ca...

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Wall Street regulator warns celebrities, individuals touting digital coins

NEW YORK (Reuters) - Wall Street’s main regulator warned on Wednesday that celebrities or other individuals may be breaking U.S. securities law when promoting investments in initial coin offerings (ICOs), a means for companies to raise funds online. A Wall Street sign is seen in Lower Manhatta...

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Former Yahoo CEO, Equifax CEO to testify at Senate hearing

WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc (EFX.N) will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday. File Photo - Marissa Mayer participates in a panel discussion at the ...

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Tesla stock falls on Model 3 delays, biggest-ever quarterly loss

SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) on Wednesday pushed back its target for volume production on its new Model 3 sedan by about three months, saying it was difficult to predict how long it would take to fix all production bottlenecks. The company also reported its biggest quarterly loss eve...

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U.S. lawmakers release sample of Russian-bought Facebook ads

WASHINGTON (Reuters) - U.S. lawmakers released a batch of Russian-bought Facebook Inc ads on Wednesday that showcased politically charged content allegedly spread on social media by Moscow ahead of the 2016 U.S. election. Examples of Facebook pages are seen, as executives appear before the House Int...

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Facebook profit soars, no sign of impact from Russia issue

(Reuters) - Facebook Inc (FB.O) reported better-than-expected quarterly profit and revenue on Wednesday as it pushed further into video advertising, showing no sign of financial damage from the controversy over how Russia may have used the social network to meddle in the 2016 U.S. elections. A 3D-pr...

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Tesla delays Model 3 volume production amid biggest-ever quarterly loss

SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) on Wednesday pushed back its target for volume production on its new Model 3 sedan by about three months, saying that while progress fixing bottlenecks was made, it was difficult to predict how long it would take for all production issues to be fixed. FIL...

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Snapdragon chips demand helps Qualcomm top estimates

(Reuters) - Smartphone chipmaker Qualcomm Inc reported a better-than-expected profit and revenue for the fourth quarter, boosted by demand for its Snapdragon mobile chips. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on November 3, 2015. REUTERS/Mike Blake/File ...

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GoPro's holiday-quarter outlook misses estimates, shares fall

(Reuters) - Action camera-maker GoPro Inc forecast a weak holiday quarter on Wednesday, sending its shares down nearly 12 percent to $9.40 in extended trading. FILE PHOTO: A GoPro camera is seen on a skier's helmet as he rides down the slopes in the ski resort of Meribel, French Alps, January 7, 201...

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Facebook profit trounces estimates as ad sales rise

(Reuters) - Facebook Inc (FB.O) reported better-than-expected quarterly profit and revenue on Wednesday as it pushed further into video advertising in a quarter dominated by reports that Russia allegedly used the social network to meddle in the 2016 U.S. elections. A 3D-printed Facebook like button ...

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Tesla reports biggest-ever quarterly loss

(Reuters) - Tesla Inc (TSLA.O) reported its biggest-ever quarterly loss on Wednesday as the electric-car maker spent more to speed up production of its more affordable Model 3 sedan. FILE PHOTO: A Tesla charging station is seen in Salt Lake City, Utah, U.S. on September 28, 2017. REUTERS/Lucy Nichol...

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Fitbit sinks to $113 million loss in third quarter

(Reuters) - Wearable device maker Fitbit Inc reported a loss in the third quarter compared to a profit a year earlier, hit by declining demand and growing competition for its fitness wrist bands. A visitor uses a Fitbit Ionic watch at the IFA Electronics Show in Berlin, Germany, September 1, 2017. R...

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Qualcomm profit sinks nearly 90 percent

(Reuters) - Smartphone chipmaker Qualcomm Inc reported a 89.5 percent slump in quarterly profit on Wednesday as the company’s ongoing patent battle with Apple Inc hurt both its licensing and chips business. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on N...

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Millions of Americans exposed to Russian content on Instagram, Facebook says

WASHINGTON (Reuters) - About 20 million Americans may have seen Russian-backed content on Instagram in the run-up to the 2016 U.S. presidential election, Facebook Inc disclosed on Wednesday as lawmakers questioned tech companies about Russia’s use of social media to try to influence the vote. ...

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Short-seller Muddy Waters seeks to unmask Google Gmail fraudster

NEW YORK (Reuters) - Muddy Waters, the investment firm run by prominent short-seller Carson Block, on Wednesday asked a New York court to force Google to help it identify someone who impersonated a Wall Street Journal reporter to uncover its strategy toward a French retailer it was betting against. ...

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Some 20 million Americans may have seen Russian-backed content on Instagram: Facebook

WASHINGTON (Reuters) - Facebook Inc disclosed on Wednesday that about 20 million Americans may have seen Russian-backed content on Instagram as lawmakers questioned tech companies for a second day about Russia’s use of social media to influence the 2016 U.S. election. FILE PHOTO: The Instagram...

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Rise of the machines must be monitored, say global finance regulators

LONDON (Reuters) - Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators, the global Financial Stability Board (FSB) said on Wednesday. A human-like robot named 'pepper' during a 2015 news conference in Japan. RE...

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Apple X factor: China buyers rapt by new iPhone, but will they buy?

SHANGHAI/BEIJING (Reuters) - Gu Xiaomeng, a 24-year-old primary school teacher in the eastern Chinese city of Suzhou, says she’s excited about the new iPhone X, set to go on sale on Friday. The challenge for Apple Inc (AAPL.O) is to persuade her to actually buy one. A attendee uses a new iPhon...

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Cryptocurrencies' total value hits record high as bitcoin blasts above $6,500

LONDON (Reuters) - The aggregate value of all cryptocurrencies hit a record high of around $184 billion on Wednesday, according to industry website Coinmarketcap, making their reported market value worth around the same as that of Goldman Sachs and Morgan Stanley combined. A copy of bitcoin standing...

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Bitcoin blasts to new all-time high of $6,450

LONDON (Reuters) - Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream after the world’s largest derivatives exchange operator said on Tuesday it would launch bitcoin futures. A copy of bitcoin standing on PC mo...

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Sony revives pet AI project with updated AIBO robot dog

TOKYO (Reuters) - Japan’s Sony Corp said on Wednesday it has brought back AIBO more than a decade since it last made the robotic dog, as the electronics and entertainment firm seeks to rebuild its reputation for innovation after years of restructuring. Sony Corp's entertainment robot "aibo" is...

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Malaysia investigating reported leak of 46 million mobile users data

KUALA LUMPUR (Reuters) - Malaysia is investigating an alleged attempt to sell the data of more than 46 million mobile phone subscribers online after a major data breach, Communications and Multimedia Minister Salleh Said Keruak said on Wednesday. The massive data breach was first reported last month...

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