HELSINKI (Reuters) - Venture Capital firm Northzone, one of the largest stakeholders in Spotify, would like to see the music streaming company’s flotation in the spring, depending on market sentiment, one of its partners said on Thursday. FILE PHOTO: Headphones are seen in front of a logo of o...
Apple to design its own power chips as early as 2018: Nikkei
(Reuters) - Apple Inc is designing its own main power management chips for use in iPhones as early as in 2018, the Nikkei business daily reported on Thursday citing sources. FILE PHOTO: The new iPhone X is pictured at the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. REUTERS/B...
Executive who drove Uber's international expansion leaves
LONDON (Reuters) - Jambu Palaniappan, a driving force in the rapid international expansion of ride-hailing pioneer Uber, said on Thursday he was leaving to join a venture capital firm, the latest in more than a dozen top executive departures this year. An UberEATS food delivery scooter is seen parke...
NATO mulls 'offensive defense' with cyber warfare rules
TARTU, Estonia (Reuters) - A group of NATO allies are considering a more muscular response to state-sponsored computer hackers that could involve using cyber attacks to bring down enemy networks, officials said. A man types into a keyboard during the Def Con hacker convention in Las Vegas, Nevada, U...
Europe draws in nearly half of funds raised via initial coin offerings: report
LONDON (Reuters) - Nearly half of the cash that has poured into newly issued cryptocurrencies in recent years has been raised in Europe, research published on Thursday showed. FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dad...
Does Europe have what it takes to create the next Google?
LONDON (Reuters) - Europe is making major strides to eliminate barriers that have held back the region from developing tech firms that can compete on the scale of global giants Alphabet Inc’s Google, Amazon.com Inc or Tencent Holdings Inc, a report published on Thursday shows. The sign marking...
Elon Musk to compete to fund high-speed Loop in Chicago
(Reuters) - Tech entrepreneur Elon Musk said on Tuesday The Boring Company will compete to fund, build and operate a high-speed Loop connecting O‘Hare Airport to downtown Chicago. Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the SpaceX Hyperloop Pod Co...
Uber lawyer says board, ex-CEO knew of evidence withheld from Waymo case
SAN FRANCISCO (Reuters) - Uber Technologies Inc’s former chief executive and some board members knew of a letter alleging employees had stolen trade secrets, but the document was withheld from a high-stakes lawsuit, a company attorney testified on Wednesday. The Uber logo is seen on mobile tel...
Facebook to eliminate transaction fees on donations on its platform
NEW YORK (Reuters) - Facebook Inc has eliminated transaction fees on donations made to non-profit organizations on its platform, Chief Executive Mark Zuckerberg said on Wednesday, a change that could help the world’s largest social media network expand its presence in online fund raising. Face...
Bubble trouble? Bitcoin tops $11,000, but fades after sharp rally
LONDON/NEW YORK (Reuters) - Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just 12 hours, stoking concerns that a rapidly swelling bubble could be set to burst in spectacular fashion. After soaring more than...
Apple to audit development processes after Mac bug discovered
(Reuters) - Apple Inc (AAPL.O) said on Wednesday it would review its software development process a day after a researcher discovered a bug in a new version of its Mac operating system that could give hackers total control of vulnerable machines. FILE PHOTO - A guest points to a new MacBook Pro duri...
Uber lawyer says ex-CEO, board members told of letter kept from Waymo lawsuit
SAN FRANCISCO (Reuters) - Uber Technologies Inc’s former chief executive and some board members knew of a letter a U.S. judge has said was withheld from a high-stakes lawsuit, an attorney for the company testified on Wednesday. The Uber logo is seen on mobile telephone in London, Britain, Sept...
Apple to review software practices after patching serious Mac bug
(Reuters) - Apple Inc (AAPL.O) said on Wednesday it would review its software development process after scrambling to patch a serious bug it learned of on Tuesday in its macOS operating system for desktop and laptop computers. FILE PHOTO - A guest points to a new MacBook Pro during an Apple media ev...
Uber says 2016 data breach hit 2.7 million UK users, or most of its base
(Reuters) - Uber Technologies Inc [UBER.UL] has informed Britain’s data protection regulator that about 2.7 million user accounts - representing the vast majority of people using the ride-hailing service in the country - were affected by a 2016 data breach. FILE PHOTO: The Uber logo is seen on...
Bubble trouble? Bitcoin tops $11,000 after $1,000 surge in 12 hours
LONDON/NEW YORK (Reuters) - Bitcoin zoomed past $11,000 to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just 12 hours, stoking concerns that a rapidly swelling bubble could be set to burst in spectacular fashion. After soaring more than 1,000 percent si...
Walking the dog? Motion monitor to aid actors playing pooches
BATH, England (Reuters) - From a poodle’s strut to a basset hound’s lolloping gait, scientists plan to capture the movements of different breeds to make on-screen animated dogs played by humans more authentic. At the University of Bath’s Centre for Analysis of Motion, Entertainment...
Snapchat redesign splits friends from content feeds
(Reuters) - Snap Inc launched a redesign of its Snapchat app on Wednesday that centers on separating posts from a user’s social circle from those sent by publishers and content creators, seeking to simplify navigation and attract new users. FILE PHOTO: The Snapchat messaging application is see...
Over half of public comments to FCC on net neutrality appear fake: study
WASHINGTON (Reuters) - More than half of the 21.7 million public comments submitted to the U.S. Federal Communications Commission about net neutrality this year used temporary or duplicate email addresses and appeared to include false or misleading information, the Pew Research Center said on Wednes...
Uber says 2.7 million users in UK affected in 2016 breach
(Reuters) - Uber Technologies Inc [UBER.UL] has informed Britain’s data protection regulator that 2.7 million user accounts in the country were affected by the data breach in 2016, which the company disclosed last week. FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, ...
Apple accuses Qualcomm of patent infringement in countersuit
(Reuters) - Apple Inc on Wednesday filed a countersuit against Qualcomm Inc, alleging that Qualcomm’s Snapdragon mobile phone chips that power a wide variety of Android-based devices infringe on Apple’s patents, the latest development in a long-running dispute. FILE PHOTO: A man looks at...
Apple accuses Qualcomm patent infringement in countersuit
(Reuters) - Apple Inc on Thursday filed a countersuit against Qualcomm Inc, alleging that Qualcomm’s Snapdragon mobile phone chips that power a wide variety of Android-based devices infringe on Apple’s patents, the latest development in a long-running dispute. FILE PHOTO: A man looks at ...
British shipping firm Clarkson reports cyber attack
(Reuters) - British shipping services provider Clarkson Plc said it was subject to a cyber security incident and warned that the person or persons behind the incident may release some data on Wednesday. “As soon as it was discovered, Clarkson took immediate steps to respond to and manage the i...
Build fast, fix later: speed hurts quality at Tesla, some workers say
SAN FRANCISCO (Reuters) - After Tesla’s Model S sedans and Model X SUVs roll off the company’s Fremont, California assembly line, the electric vehicles usually make another stop - for repairs, nine current and former employees have told Reuters. FILE PHOTO: A Tesla Model S electric car i...
U.S. Supreme Court weighs major digital privacy case
WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday takes up a major test of privacy rights in the digital age as it weighs whether police must obtain warrants to get data on the past locations of criminal suspects using cellphone data from wireless providers. FILE PHOTO: A woman uses her pho...
YouTube sharpens how it recommends videos despite fears of isolating users
SAN FRANCISCO (Reuters) - Google’s YouTube has updated its recommendation feature to spotlight videos users are likely to find the most gratifying, brushing aside concerns that such an approach can trap people in bubbles of misinformation and like-minded opinions. Signage is seen at a YouTube ...
Uber's third-quarter net loss widens to $1.46 billion: source
(Reuters) - Uber Technologies Inc’s [UBER.UL] quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe. FILE PHOTO: Uber's logo is pictured at its office in Tokyo...
SoftBank says Benchmark, Menlo Ventures ready to sell some Uber stock
SAN FRANCISCO (Reuters) - A consortium led by SoftBank Group Corp on Tuesday launched its tender offer for shares of Uber Technologies Inc [UBER.UL] and the Japanese company said that some notable early Uber investors planned to sell stock. FILE PHOTO: The logo of SoftBank Group Corp is seen at the ...
Uber-Waymo trial delayed as U.S. judge raises prospect of 'cover-up'
SAN FRANCISCO (Reuters) - Uber Technologies Inc withheld evidence in a lawsuit filed by Alphabet Inc’s Waymo, a U.S. judge said on Tuesday, delaying a trial to give Waymo time to review a letter alleging that Uber trained employees to steal trade secrets and hide their tracks. FILE PHOTO - Ube...
Canadian charged in Yahoo hacking case pleads guilty in U.S.
(Reuters) - A Canadian accused by the United States of helping Russian intelligence agents break into email accounts as part of a massive 2014 breach of Yahoo accounts pleaded guilty on Tuesday, the U.S. Justice Department said. A photo illustration shows a Yahoo logo on a smartphone in front of a d...
SWIFT warns banks on cyber heists as hack sophistication grows
(Reuters) - SWIFT, the global messaging system used to move trillions of dollars each day, warned banks on Wednesday that the threat of digital heists is on the rise as hackers use increasingly sophisticated tools and techniques to launch new attacks. FILE PHOTO - A man using a mobile phone passes t...