YouTube debuts comedy video series in virtual reality push

(Reuters) - YouTube virtual reality video series “The Confessional” debuted on Tuesday, featuring comedians Trevor Noah, Judd Apatow and Howie Mandel, as parent company Google races Facebook Inc to attract viewers to the new medium. Google, a unit of Alphabet Inc , has boosted funding fo...

Continue reading

Verizon to pay $17.7 million to resolve FCC, Justice probes

WASHINGTON (Reuters) - Verizon Communications Inc (VZ.N) will pay $17.7 million to resolve a Federal Communications Commission and Justice Department investigation into potential violations of competitive bidding rules for a government program that helps bring broadband service to schools and librar...

Continue reading

IBM's revenue beats estimates on cloud, security services

(Reuters) - International Business Machines Corp (IBM.N) handily beat analysts’ quarterly revenue estimates on Tuesday as the technology company’s shift to cloud and security services gains traction. Shares of the company rose 3 percent to $151 in extended trading. They had dropped nearl...

Continue reading

IBM reports marginal dip in quarterly revenue

(Reuters) - International Business Machines Corp’s (IBM.N) quarterly revenue slipped again as weak demand in the company’s technology services business outweighed growth in its strategic areas that include cloud and security services. The company’s net income fell to $2.73 billion,...

Continue reading

Snap and NBCUniversal launch studio to produce shows for Snapchat

(Reuters) - Snap Inc (SNAP.N), parent company of messaging and video app Snapchat, and NBCUniversal (CMCSA.O) launched a joint venture studio on Tuesday to produce scripted shows and other genres to air on Snapchat. The two companies have already produced at least three shows for Snapchat in an effo...

Continue reading

Head of Facebook's secretive hardware unit to step down

(Reuters) - Regina Dugan, the head of Facebook Inc’s secretive hardware unit, will step down early next year, she said on Tuesday. “I will be leaving Facebook to focus on building and leading a new endeavor,” Dugan wrote on Facebook. Earlier this year, Facebook provided a peek into...

Continue reading

Exclusive: Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) - Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. The company did not di...

Continue reading

U.S. online retail sales likely to surpass $1 trillion by 2027: FTI

CHICAGO (Reuters) - U.S. online retail sales will surpass $1 trillion by 2027 compared with $445 billion this year, according to a forecast by business advisory firm FTI Consulting Inc, as more Americans move away from brick-and-mortar stores. Online sales will grow at a compound annual rate of 12 p...

Continue reading

Google launches advanced Gmail security features for high-risk users

(Reuters) - Alphabet’s Google Inc said on Tuesday that it would roll out an advanced protection program in order to provide stronger security for some users such as government officials and journalists who are at a higher risk of being targeted by hackers. The internet giant said that users of...

Continue reading

Mexico tech industry benefits from U.S. anti-immigration stance

SAN FRANCISCO/MEXICO CITY (Reuters) - Amazon, Facebook and other U.S. tech companies are expanding operations south of the border as Mexico works to capitalize on the Trump administration’s anti-immigration stance. Since the beginning of the year, Amazon.com Inc (AMZN.O) has opened a new engin...

Continue reading

PayPal rolls out Venmo payments to its U.S. retailers

NEW YORK (Reuters) - PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week, seeking to broaden its reach with a brand that has been a hit with young people. Venmo, which has been part of PayPal since 2013, is one...

Continue reading

Patently tough: Long road ahead for Qualcomm in China case against Apple

SHANGHAI/BEIJING (Reuters) - Qualcomm Inc (QCOM.O) wants to hit Apple Inc (AAPL.O) where it hurts most: iPhone sales in China - one of its biggest global markets where most of its flagship smartphones are made. The U.S. chipmaker’s legal gambit to ban sales and manufacturing of iPhones could c...

Continue reading

Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) - Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. The company did not di...

Continue reading

Netflix adds more subscribers than expected, shares hit record

(Reuters) - Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television expands globally. Shares of the world’s leading online video streaming service...

Continue reading

Facebook buys teen app tbh

(Reuters) - Facebook Inc (FB.O) has acquired tbh, an app popular among teens, as the world’s largest social network looks to attract more users. The app, an acronym for “To be Honest”, allows users to anonymously answer multiple choice questions about friends, who then receive the ...

Continue reading

North Korea likely behind Taiwan SWIFT cyber heist: BAE

TORONTO (Reuters) - Cyber-security firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system. “The likely culprit is Lazarus,&rdquo...

Continue reading

Netflix subscriber adds beat estimates as original shows lure viewers

(Reuters) - Video-streaming pioneer Netflix Inc added more subscribers than expected in the third quarter as original shows such as the latest season of “Narcos” helped attract more viewers. The company’s shares, which touched a record high on Monday, rose nearly 2 percent to $206....

Continue reading

Netflix subscriber adds beat St. as original shows pull in new viewers

(Reuters) - Video-streaming pioneer Netflix Inc added more subscribers than expected in the third quarter as original shows such as the latest season of “Narcos” helped attract more viewers. The company added 4.45 million subscribers in its international markets in the quarter ended Sept...

Continue reading

Android co-creator's startup sued over connector technology

(Reuters) - Two of the best-known names in the smartphone hardware business are squaring off in court over new technology that allows phones to connect to devices like cameras without wires or metal connectors. Privately owned Keyssa Inc, backed by iPod co-creator Tony Fadell is suing Essential Prod...

Continue reading

Adobe warns that hackers are exploiting its Flash software

TORONTO (Reuters) - Adobe Systems Inc warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks. The warning came after cyber security firm Kaspersky Lab I...

Continue reading

Kaspersky finds bug in Adobe Flash

(Reuters) - Cyber security firm Kaspersky Lab Inc said on Monday it identified a vulnerability in Adobe Flash that could be used to deploy a surveillance malware through a Microsoft Word document. The bug was used in an attack on Oct. 10 by a group called the BlackOasis, Kaspersky said. Adobe said i...

Continue reading

U.S. buyers favor iPhone 7 over 8: research

(Reuters) - Apple Inc’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital Markets said, citing carrier store surveys. Traditionally, new editions of the iPhone have sold quickly as fans queue fo...

Continue reading

U.S. Supreme Court to decide major Microsoft email privacy fight

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to resolve a major privacy dispute between the Justice Department and Microsoft Corp (MSFT.O) over whether prosecutors should get access to emails stored on company servers overseas. The justices will hear the Trump administration’...

Continue reading

Researchers uncover flaw that makes Wi-Fi vulnerable to hacks

(Reuters) - Belgian researchers have discovered a flaw in a widely used system for securing Wi-Fi communications that could allow hackers to read information that was previously understood to be encrypted, or infect websites with malware, they said on Monday. Researchers Mathy Vanhoef and Frank Pies...

Continue reading

Huawei aims to challenge Apple and Samsung on technology as well as price

LONDON/HONG KONG (Reuters) - China’s Huawei [HWT.UL] has unveiled a new line of smartphones that match or even improve on key features offered by Apple or Samsung while undercutting their rivals on price. Huawei aims to distinguish itself through technological advances that will put it on a le...

Continue reading

JPMorgan launches payments network using blockchain technology

(Reuters) - JPMorgan Chase & Co said on Monday it launched a new payment processing network that uses blockchain technology, in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group. Blockchain, a shared ledger of transactions maintained by a network of computers on t...

Continue reading

Exclusive: T-Mobile, Sprint plan merger without selling assets

(Reuters) - T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the ...

Continue reading

BlackBerry shares down after another top exec leaves

(Reuters) - BlackBerry’s (BB.N) (BB.TO) U.S.-listed shares fell almost 4 percent to $11.12 on Monday after a second senior executive from its licensing unit quit this month. Victor Schubert, a licensing director for BlackBerry, said on Friday he had left, following on the heels of Mark Kokes, ...

Continue reading

German ambassador warns that internet controls could harm companies, isolate China

BEIJING (Reuters) - China’s internet restrictions have struck a “new blow” against foreign companies working there, Germany’s ambassador said on Monday, warning that such moves could undermine Beijing’s political and commercial ties with the world. China’s ongoing...

Continue reading

Toyota to test self-driving, talking cars by about 2020

TOKYO (Reuters) - Toyota Motor Corp (7203.T) on Monday said it would begin testing self-driving electric cars around 2020, which will use artificial intelligence (AI) to engage with drivers, as the company competes with tech firms to develop new vehicles. The car, whose concept model was unveiled ea...

Continue reading