U.S. Justice Department announces actions to dismantle Kelihos botnet

WASHINGTON (Reuters) - The U.S. Justice Department said on Monday it had launched an effort to disrupt and dismantle the Kelihos botnet - a global network of tens of thousands of infected computers under the control of a cybercriminal.

U.S. FCC head opposes plan to allow cell phone use on planes

WASHINGTON (Reuters) - The chairman of the federal communications regulator said on Monday he was opposed to a plan to allow passengers on commercial aircraft to use cell phones.

Boeing Dreamliner cost to drop $2-$3 million per plane from 3-D printed titanium

SEATTLE (Reuters) - Boeing Co hired Norsk Titanium AS to print the first structural titanium parts for its 787 Dreamliner, the Norwegian 3-D printing company said on Monday, paving the way to cost savings of $2 million to $3 million for each plane.

France's Macron says would step up security demands on tech firms

PARIS (Reuters) - French presidential candidate and frontrunner Emmanuel Macron said on Monday he would step up efforts to get technology firms such as Google or Facebook to share encrypted content from messaging services with authorities.

Cyber attack on Union Bank of India similar to Bangladesh heist: WSJ

MUMBAI (Reuters) - A cyber attack on Union Bank of India last July began after an employee opened an email attachment releasing malware that allowed hackers to steal the state-run bank's data, the Wall Street Journal reported on Monday.

Foxconn could bid up to $27 billion for Toshiba's chip business - Bbg

(Reuters) - Taiwan's Foxconn has indicated that it may pay as much as 3 trillion yen ($26.99 billion) for Toshiba Corp's chip business, Bloomberg reported on Monday, citing people familiar with the matter.

Symantec attributes 40 cyber attacks to CIA-linked hacking tools

SAN FRANCISCO (Reuters) - Past cyber attacks on scores of organizations around the world were conducted with top-secret hacking tools that were exposed recently by the Web publisher Wikileaks, the security researcher Symantec Corp said on Monday.

Facebook's Sandberg says number of monthly advertisers tops 5 million

SAN FRANCISCO (Reuters) - Facebook Inc plans to announce on Monday that more than 5 million businesses are advertising on the social network each month and that it is updating its suite of ad services to try to draw more small businesses onto its mobile platform.

Web needs rethink to stop 'nasty' ideas spreading, says its creator

LONDON (Reuters) - The World Wide Web needs a complete rethink to prevent spying and the spread of "nasty, mean ideas" on social media websites, its inventor, Tim Berners-Lee, said on Monday.

India's Flipkart raises $1.4 billion from Tencent, eBay, Microsoft

MUMBAI (Reuters) - India's top e-commerce firm Flipkart has raised $1.4 billion from Tencent Holdings Ltd, Microsoft Corp and eBay Inc, the company said in a statement on Monday.

Ciber files for Chapter 11 bankruptcy

(Reuters) - Information technology company Ciber Inc said on Monday that it and some of its U.S. units filed for bankruptcy protection under Chapter 11 in the U.S. bankruptcy court in the District of Delaware.

Japan's Renesas keen on acquisitions, may issue shares to build warchest: CEO

TOKYO (Reuters) - Japanese automotive chip maker Renesas Electronics Corp is hungry for more acquisitions amid a wave of megamergers in the industry and may need to issue equity shares sometime in the future to build its warchest, its CEO said on Monday.

Turkey's Vestel in talks to buy Toshiba television unit: official

ISTANBUL (Reuters) - Turkey's Vestel is in talks to buy the television unit of Japan's Toshiba Corp, an official for the Turkish maker of electronics and home appliances said on Monday, declining to be identified.

Banks scramble to fix old systems as IT 'cowboys' ride into sunset

NEW YORK (Reuters) - Bill Hinshaw is not a typical 75-year-old. He divides his time between his family – he has 32 grandchildren and great-grandchildren – and helping U.S. companies avert crippling computer meltdowns.

Fidelity becomes first asset manager to join blockchain group IC3

NEW YORK (Reuters) - Fidelity Investments Inc has become the first financial institution to join the Initiative for CryptoCurrencies & Contracts, a group of academic institutions and technology companies looking to develop blockchain-based technology.

New York regulator wants other states to model cyber laws after its rules

DENVER (Reuters) - A group of U.S. state insurance regulators should use New York's sweeping cyber security rules as a model for how insurers must protect their networks from hackers and when they must disclose cyber events, New York's financial regulator said on Sunday.

Google offers at least $880 million to LG display for OLED investment: Electronic Times

SEOUL (Reuters) - Google Inc has offered to invest at least 1 trillion won ($880.29 million) to help South Korea's LG Display Co Ltd boost output of organic light-emitting diode (OLED) screens for smartphones, the Electronic Times reported on Monday citing unnamed sources.

British lender Wonga warns customers of personal data hack

LONDON (Reuters) - British lender Wonga has warned customers in Britain and Poland that their personal data may have been stolen in the latest major corporate security breach.

Snapdeal founders move to calm employees amid takeover speculation

FILE PHOTO: An employee cleans a Snapdeal logo at its headquarters in Gurugram on the outskirts of New Delhi, India April 3, 2017. REUTERS/Adnan Abidi

Computer hack sets off 156 emergency sirens across Dallas

A padlock is displayed at the Alert Logic booth during the 2016 Black Hat cyber-security conference in Las Vegas, Nevada, U.S. August 3, 2016. REUTERS/David Becker