Number of U.S. government 'cyber incidents' jumps in 2015

A man types on a computer keyboard in this February 28, 2013 file photo illustration. Reuters/Kacper Pempel/Files The U.S. government was hit by more than 77,000 "cyber incidents" like data thefts or other security breaches in fiscal year 2015, a 10 percent increase over the previous year, according...

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ID verification company Jumio files for bankruptcy protection

Jumio, an online identification verification company whose clients include United Airlines Inc [UALCO.UL] and Airbnb, has filed for Chapter 11 bankruptcy protection for its U.S. business and initiated the sale of assets, according to court documents. The company, based in Palo Alto, California, said...

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FanDuel and DraftKings shut down games in New York

A FanDuel logo is displayed on a board inside of the DFS Players Conference in New York November 13, 2015. Reuters/Lucas Jackson - RTS6UCJ Top daily fantasy sports companies FanDuel and DraftKings agreed to stop taking money in New York on Monday, amid a months long fight with the state's attorney g...

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U.S. top court agrees to hear Samsung-Apple patent fight

3D-printed Samsung and Apple logos are seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world's two fiercest smartphone rivals, Apple and Samsung, a...

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U.S. top court rejects EA Sports' appeal over Madden videogame

The U.S. Supreme Court on Monday rejected Electronic Arts Inc's bid to revive its free speech defense in a lawsuit filed by former NFL players who accused the videogame maker of using their likenesses in the popular Madden NFL series without permission or proper compensation. The high court left in ...

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Google set to expand Wifi, broadband access in Cuba, Obama tells ABC

The new Google logo is seen at the Google headquarters in Mountain View, California November 13, 2015. Reuters/Stephen Lam/Files Alphabet Inc's Google is poised to expand Internet access in Cuba, U.S. President Barack Obama told ABC News in an interview during his historic visit to the island nation...

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Indonesian taxi drivers to rally for ban on online taxi apps

Thousands of Indonesian taxi drivers will take to the streets of the capital on Tuesday for a protest rally to demand the government prohibits ride-hailing apps like Grab and Uber, as a price war intensifies. The proliferation of cheap taxis using ride-sharing apps Go-Jek, Grab and Uber has made the...

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Priceline strikes deal with Cuba to let Americans book hotels

Tourists ride in a vintage car in Havana, March 19, 2016. Reuters/Alexandre Meneghini Priceline Group has agreed with Cuba to make Cuban hotel rooms available to U.S. customers via subsidiary Booking.com, becoming the first U.S. online travel agency to strike a deal with the island state, a Booking....

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After a year, Carnegie Mellon and Uber research initiative is stalled

More than a year after Uber announced a research pact with Carnegie Mellon University - and then hired away four of the institution's faculty and 36 researchers and technicians - the ride-hailing company and university have not collaborated on a single project, according to CMU faculty and administr...

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Alibaba annual transaction volumes cross 3 trillion yuan, but growth slows

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce company Alibaba Group Holding Ltd said on Monday its total transaction volume had surpassed 3 trillion yuan ($463 billion) in the fiscal year t...

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Smaller iPhone expected Monday as Apple counters drop in phone sales

An Apple iPhone is pictured next to the logo of Apple in Bordeaux, southwestern France, February 26, 2016. Reuters/Regis Duvignau Apple Inc (AAPL.O) is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as it...

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Apple 'privacy czars' grapple with internal conflicts over user data

As Apple Inc(AAPL.O) feuds with the U.S. government over iPhone privacy protections, the tech giant is also grappling with internal conflicts over privacy that could pose challenges to its long-term product strategy. Unlike Google(GOOGL.O), Amazon(AMZN.O) and Facebook(FB.O), Apple is loathe to use c...

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Foxconn to reduce offer for Sharp by around $900 million: Jiji

A Sharp Corp showroom is seen in Tokyo in this January 10, 2009 file photo. Reuters/Stringer/Files Taiwan's Foxconn is likely to reduce its capital injection into embattled Japanese electronics firm Sharp Corp (6753.T) by around 100 billion yen ($898 million), from an initial plan of 489 billion yen...

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China's Xiaomi says has no plans to raise funds

Three models of China's Xiaomi Mi phones are pictured during their launch in New Delhi July 15, 2014. Reuters/Anindito Mukherjee China's most valuable start-up Xiaomi Inc [XTC.UL] is financially self-sufficient and has no plans to raise funds, its global vice-president said on Monday. Xiaomi, the wo...

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Exclusive: SWIFT to advise banks on security as Bangladesh hack details emerge

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman The SWIFT messaging system plans to ask banks to make sure they are following recommended security practices following an unprecedented cyber attack on Bangladesh's central bank that yi...

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Blackstone makes quiet sale ahead of FCC airwaves auction

A quiet decision by private equity firm Blackstone Group LP (BX.N) to recently sell three TV stations may foreshadow uncertain returns for some selling TV airwaves and lower wireless demand in the U.S. government's upcoming spectrum auction, industry watchers say. The U.S. Federal Communications Com...

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Exclusive: Lyft drivers, if employees, owed millions more - court documents

Maya Jackson, a Lyft driver from Sacramento, holds a Lyft Glowstache during a photo opportunity in San Francisco, California February 3, 2016. Reuters/Stephen Lam Drivers who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated $126 m...

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Cyber expert disappears after comments on Bangladesh central bank heist

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman A cyber crime expert has disappeared after talking to police and the media about an attempted $951 million cyber heist from Bangladesh's central bank, his wife said on Sunday. Kamrun Na...

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Facebook's Zuckerberg meets propaganda czar in China charm drive

Facebook's co-founder and CEO Mark Zuckerberg met China's propaganda tsar Liu Yunshan in Beijing on Saturday as part of a charm offensive in one of the few markets where the social network cannot be accessed. The rare meeting, reported by China's state news agency Xinhua, suggests warming relations ...

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Bangladesh seeks FBI's help in investigating central bank heist

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation to track down the cyber crooks who stole $81 million from its central bank's U.S. account, the in...

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