MILAN (Reuters) - The board of Telecom Italia (TIM) will this week discuss options for its fixed-line network, including possibly splitting it off, although no decision is expected to be made, a source close to the company said on Sunday. FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the he...
Apple's Tim Cook says developers have earned $17 billion from China App Store
WUZHEN, China (Reuters) - Apple Inc’s chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings. Apple CEO Tim Cook arrives before the four...
For security agencies, blockchain goes from suspect to potential solution
(Reuters) - Police and security agencies have so far only taken an interest in blockchain - the distributed ledger technology behind cryptocurrencies like bitcoin - for tracking criminals hiding illegal money from banks. Adrian Kemp of HoustonKemp Economists speaks to Reuters in their office in Sing...
China's Xi says country will not close door to global internet
WUZHEN, China (Reuters) - Chinese President Xi Jinping said the country will not close its door to the global internet, but that cyber sovereignty is key to the development of the internet. China's President Xi Jinping speaks at the opening ceremony of the "CPC in dialogue with world political parti...
Former NSA Employee Pleads Guilty to Taking Classified Data
A former employee for the National Security Agency pleaded guilty on Friday to taking classified data to his home computer in Maryland. According to published reports, U.S. intelligence officials believe the data was then stolen from his computer by hackers working for the Russian government. Nghia ...
Former NSA Employee Pleads Guilty to Taking Classified Data
A former employee for the National Security Agency pleaded guilty on Friday to taking classified data to his home computer in Maryland. According to published reports, U.S. intelligence officials believe the data was then stolen from his computer by hackers working for the Russian government. Nghia ...
Fiat Chrysler CEO says in talks with Hyundai on tech partnership
ARESE, Italy (Reuters) - Fiat Chrysler Automobiles is in talks with South Korea’s Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday. FILE PHOTO: FCA group CEO Sergio Marchionne speaks during the Alfa Rom...
Carding Kingpin Sentenced Again. Yahoo Hacker Pleads Guilty
Roman Seleznev, a Russian man who is already serving a record 27-year sentence in the United States for cybercrime charges, was handed a 14-year sentence this week by a federal judge in Atlanta for his role in a credit card and identity theft conspiracy that prosecutors say netted more than $50 mill...
Carding Kingpin Sentenced Again. Yahoo Hacker Pleads Guilty
Roman Seleznev, a Russian man who is already serving a record 27-year sentence in the United States for cybercrime charges, was handed a 14-year sentence this week by a federal judge in Atlanta for his role in a credit card and identity theft conspiracy that prosecutors say netted more than $50 mill...
UK cyber agency targets Kaspersky in warning on Russian software
(Reuters) - Britain’s main cyber security agency on Friday warned British government agencies to avoid using anti-virus software from Russian companies, the latest in a series of moves targeting Moscow-based security software maker Kaspersky Lab. FILE PHOTO - A view shows the software produced...
UK bans Kaspersky software from departments responsible for national security: FT
(Reuters) - The British government has banned its departments responsible for national security from using software made by Russia's Kaspersky Labs, the Financial Times reported on Friday, citing a letter sent to government officials. on.ft.com/2BuuWPU FILE PHOTO - A view shows the software produced...
Tech firms tell patent court to ignore Allergan deal with tribe
(Reuters) - Over 30 technology companies including Alphabet Inc (GOOGL.O), Amazon.com Inc (AMZN.O) and Facebook Inc. (FB.O) on Friday urged a U.S. patent court to disregard drugmaker Allergan Plc’s (AGN.N) contention that its transfer of some of its patents to a Native American tribe shields t...
Three Uber security managers resign after CEO criticizes practices
SAN FRANCISCO/WASHINGTON (Reuters) - Three senior managers in Uber Technologies Inc’s security unit resigned on Friday, an Uber spokesperson said, days after the company’s new chief executive officer disclosed a massive data breach and criticized past practices. FILE PHOTO: The Uber logo...
Samsung to chase big M&A deals on three fronts, says strategy chief
HELSINKI (Reuters) - Samsung Electronics’ $8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more big deals, its strategy chief said on Friday. Samsung Electronics Chief Strategy Officer Young Sohn poses for a pictur...
Intesa CEO warns of Bitcoin 'bubble', urges global regulation: TV
MILAN (Reuters) - The head of Italy’s top retail bank Intesa Sanpaolo (ISP.MI) joined a growing chorus of Bitcoin critics, calling the wild gyrations in the price of the cryptocurrency a speculative bubble and saying global regulatory scrutiny was essential. FILE PHOTO - Carlo Messina, CEO of ...
Uber security executives depart after CEO criticizes practices
SAN FRANCISCO (Reuters) - Two of Uber Technologies Inc’s most senior remaining security executives resigned on Friday and another took medical leave after the company’s new chief executive officer criticized past practices, a source familiar with the situation said. FILE PHOTO: The Uber ...
BlackBerry loses payment dispute with Nokia, to pay $137 million
HELSINKI/TORONTO (Reuters) - An arbitration court ordered smartphone pioneer BlackBerry Ltd to pay $137 million to Nokia to settle a payment dispute and the Canadian company said it would pursue a separate patent infringement case against the Finnish firm. FILE PHOTO - A banner for BlackBerry Ltd ha...
BlackBerry to pay Nokia $137 million in payment dispute
(Reuters) - Canadian software maker BlackBerry Ltd (BB.TO) (BB.N) said on Friday that it would pay Nokia Corp $137 million, according to a ruling by the International Court of Arbitration. A banner for BlackBerry Ltd hangs to celebrate the company's transfer trading to the New York Stock Exchange (N...
'Clash of Clans' maker Supercell banks on few games
HELSINKI (Reuters) - “Clash of Clans” maker Supercell will focus on a few mobile games and kill off those which it does not expect to become a top-10 global hit, its chief executive said on Friday. Finnish game company Supercell Co-Founder and CEO Ilkka Paananen meets the press in the co...
Germany removes Tesla from subsidies list as too pricey
BERLIN (Reuters) - A German government agency has removed Tesla from the list of electric cars eligible for subsidies, sparking a row with the U.S. company over whether its Model S is too expensive to qualify for the scheme. FILE PHOTO: A Tesla Model X is seen alongside a Model S at a Tesla electric...
Tencent Music, Spotify in talks to swap stakes: WSJ
(Reuters) - The music group of China’s Tencent Holdings Ltd and Sweden’s Spotify AB are in talks to swap stakes up to 10 percent in each other’s businesses ahead of their expected public listings next year, the Wall Street Journal reported on Friday. Earphones are seen on a tablet ...
Tesla switches on giant battery to shore up Australia's grid
HORNSDALE, Australia (Reuters) - Tesla Inc TLSA.O switched on the world’s biggest lithium ion battery on Friday in time to feed Australia’s shaky power grid for the first day of summer, meeting a promise by Elon Musk to build it in 100 days or give it free. South Australian Premier, Jay ...
Amazon steps up pace in artificial intelligence race
LAS VEGAS (Reuters) - Amazon.com Inc this week announced a flurry of new machine learning features for its Amazon Web Services cloud computing business, raising its challenge to Silicon Valley’s biggest tech firms for the lead in artificial intelligence. FILE PHOTO - Amazon Web Services logo i...
Qualcomm files new patent infringement complaints against Apple
(Reuters) - Qualcomm Inc (QCOM.O) said on Thursday it filed three new patent infringement complaints against Apple Inc (AAPL.O), saying there were 16 more of its patents that Apple was using in its iPhones. A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bi...
Now hiring? Amazon says its voice aide Alexa is ready for the office
(Reuters) - Amazon.com Inc (AMZN.O) wants to be your new executive assistant at work. The Amazon Echo, a voice-controlled virtual assistant, is seen at it's product launch for Britain and Germany in London, Britain, September 14, 2016. REUTER/Peter Hobson The company on Thursday said that Alexa, its...
GM plans large-scale launch of self-driving cars in U.S. cities in 2019
SAN FRANCISCO/DETROIT (Reuters) - General Motors Co laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban environments in 2019, in a challenge to rivals such as Alphabet Inc’s...
WhatsApp service resumes after worldwide outage
SAN FRANCISCO (Reuters) - Popular messaging app WhatsApp said on Thursday that users around the world had been unable to access its service for a brief period, but that access for its 1 billion daily users had since resumed. A man poses with a smartphone in front of displayed Whatsapp logo in this i...
Goldman eschews bitcoin but wants to help clients crypto-trade
NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N) is trying to figure out how to cater to investors who want to trade bitcoin even though the digital currency remains too volatile for the Wall Street bank to trade itself, according to comments by a representative and its chief executive officer on...
FDA clears first medical device accessory for Apple Watch
(Reuters) - The U.S. Food and Drug Administration on Thursday cleared a device embedded in an Apple Inc watch band that monitors a user’s heart rate, detects when something is amiss and prompts the user to take an electrocardiogram. Apple watches are seen at a new Apple store in Chicago, Illin...
Dialog shares tank on report Apple to design own power chips
FRANKFURT (Reuters) - Apple is designing its own power-management chips for use in iPhones as early as 2018, the Nikkei business daily reported on Thursday, triggering a more than 20 percent slide in shares of supplier Dialog Semiconductor. FILE PHOTO: The new iPhone X is pictured at the Apple Store...