Facebook reports progress in removing extremist content

BRUSSELS (Reuters) - Facebook (FB.O) said on Wednesday that it was removing 99 percent of content related to militant groups Islamic State and al Qaeda before being told of it, as it prepared for a meeting with European authorities on tackling extremist content online. FILE PHOTO - Facebook logo is ...

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MacOS High Sierra Users: Change Root Password Now

A newly-discovered flaw in macOS High Sierra — Apple’s latest iteration of its operating system — allows anyone with local (and, apparently in some cases, remote) access to the machine to log in as the all-powerful “root” user without supplying a password. Fortunately, ...

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MacOS High Sierra Users: Change Root Password Now

A newly-discovered flaw in macOS High Sierra — Apple’s latest iteration of its operating system — allows anyone with local (and, apparently in some cases, remote) access to the machine to log in as the all-powerful “root” user without supplying a password. Fortunately, ...

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Tesla Truck gets DHL order as shippers test Semi

SEATTLE (Reuters) - Deutsche Post AG’s (DPWGn.DE) DHL and Fortigo Freight Services Inc, one of Canada’s largest fleet management companies, said on Tuesday they had pre-ordered Tesla Inc’s (TSLA.O) electric truck unveiled earlier this month to test on limited routes. FILE PHOTO - T...

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Washington state attorney general sues Uber after data breach

WASHINGTON (Reuters) - Washington state’s attorney general sued the ride-sharing company Uber on Tuesday, alleging it had violated the state’s data breach notification law. FILE PHOTO - The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay...

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FCC's Pai, addressing net neutrality rules, calls Twitter biased

WASHINGTON (Reuters) - The chairman of the Federal Communications Commission, Ajit Pai, accused social media company Twitter Inc (TWTR.N) of being politically biased on Tuesday as he defended his plan to roll back rules intended to ensure a free and open internet. Ajit Pai, Chairman of the Federal C...

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Tech stock rally hogs global market spotlight but ownership not cheap

(Reuters) - Soaring shares of Apple Inc, Alphabet Inc and Tencent Holdings Ltd this year have made technology a top global performer, with few signs that investors are worried that rising valuations might be increasing the risk of a downturn. FILE PHOTO - A man looks at the screen of his mobile phon...

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DHL orders 10 Tesla Semi electric trucks, mainly for shorter routes

SEATTLE (Reuters) - Deutsche Post AG’s (DPWGn.DE) DHL and Fortigo Freight Services Inc, one of Canada’s largest fleet management companies, said on Tuesday they have pre-ordered Tesla Inc’s (TSLA.O) electric truck unveiled earlier this month to test on limited routes. FILE PHOTO - ...

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FCC Chairman Pai proposes rolling back net neutrality rules by three years

WASHINGTON (Reuters) - The Federal Communications Commission’s chairman said on Tuesday he is proposing rolling back “net neutrality” rules to where they were three years ago, a move he says will not damage online access, as critics have argued. Ajit Pai, Chairman of the Federal Co...

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U.S. judge says Uber withheld evidence, gives Waymo time to investigate

SAN FRANCISCO (Reuters) - Uber Technologies Inc withheld evidence in a high-profile lawsuit filed by Alphabet Inc’s Waymo, a U.S. judge said on Tuesday, dealing a new blow to the most valuable U.S. private company as it tries to complete a multibillion-dollar stock sale. FILE PHOTO - Uber's lo...

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Blockchain network IOTA teams up with Cisco, Volkswagen, others on data marketplace

NEW YORK (Reuters) - IOTA, an open-source blockchain network, has teamed up with some of the biggest global corporate names led by Cisco Systems Inc, Volkswagen AG, and Samsung Group to launch what is aimed to be a secure marketplace for data, IOTA co-founder David Sønstebø said o...

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Kaspersky CEO says he would leave if Russia asked him to spy

LONDON (Reuters) - Moscow-based Kaspersky Lab has never been asked by Russian intelligence services to spy on targets in the West and the company’s founder and the chief executive said he would move his company out of the country if he ever faced such a demand. Eugene Kaspersky makes a present...

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U.S. judge says Uber withheld evidence, delays Waymo trial

SAN FRANCISCO (Reuters) - A U.S. judge on Tuesday said Uber Technologies Inc had withheld evidence from him and granted a request from Alphabet Inc’s Waymo self-driving car unit to delay a trade secrets trial that had been scheduled to begin next week. FILE PHOTO: Uber's logo is pictured at it...

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Bitcoin exchange bitFlyer launches in U.S.

(Reuters) - Tokyo-based bitFlyer will launch a virtual currency exchange platform in the United States, the bitcoin exchange operator said on Tuesday. A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. Picture taken October 26, 2017. REUTERS/Dado Ruv...

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Dark web drug market growing rapidly in Europe: report

LISBON (Reuters) - The illegal drug trade on the dark web is growing rapidly, despite authorities shutting down major market sites like AlphaBay, as crime gangs diversify and seek new clients online, a report by two European Union agencies warned on Tuesday. The report, which is the first of its kin...

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Google adds 'finance' tab to search filters, revamps Google Finance

(Reuters) - Alphabet Inc said on Tuesday users doing a Google search would now be able to filter results with a new “finance” tab, which works in the same way that its “images” or “news” tab does. FILE PHOTO - The Google logo is pictured atop an office building in...

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Amazon is a potential customer, says Textron aviation chief

(Reuters) - Textron Inc sees Amazon.com Inc as a potential customer, the head of the company’s aviation business told CNBC on Tuesday, given the increased need for freight and transport with a booming ecommerce industry. FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery tr...

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BoE says banks may be underestimating fintech threat

LONDON (Reuters) - Britain’s banks may be overstating their ability to stop “fintech” firms stealing customers and eating into profits, the Bank of England (BoE) said on Tuesday. The Bank of England is seen through the columns of the Royal Exchange in the City of London, Britain, N...

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Indian telecom regulator backs net neutrality with recommendations

MUMBAI/NEW DELHI (Reuters) - India’s telecom regulator has made recommendations to ensure an open internet in the country and prevent any discrimination in internet access in a long-awaited report, after debating the issue of net neutrality for more than a year. The Telecom Regulatory Authorit...

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Microsoft, SAP to use and sell more of each other's cloud services

LONDON (Reuters) - Business software giants Microsoft Corp and SAP SE have agreed to expand the use of each other’s cloud-based products and services delivered via the internet, they said on Tuesday, as they laid out a common product road map for joint customers. A Microsoft logo is seen in Lo...

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Indian telecom regulator recommends rules in support of net neutrality

MUMBAI (Reuters) - India’s telecom regulator on Tuesday recommended explicit restrictions on any discrimination in internet access as part of its much-awaited recommendations on net neutrality. The Telecom Regulatory Authority of India (TRAI) said it was not in favor of any “discriminato...

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Pressured for profit, oil majors bet big on shale technology

HOUSTON (Reuters) - Shale oil engineer Oscar Portillo spends his days drilling as many as five wells at once - without ever setting foot on a rig. FILE PHOTO - A drilling rig owned by Parsley Energy Inc. seen near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo Part of a team...

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Global crypto-currency crackdown sparks search for safe havens

NEW YORK (Reuters) - When U.S. entrepreneur Bharath Rao looked around for the best place to raise money for his crypto-currency derivatives trading business, the United States did not make his list. Instead he chose the East African island nation Seychelles to sell the trading platform’s token...

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China racing for AI military edge over U.S.: report

WASHINGTON (Reuters) - A research arm of the U.S. intelligence community just wrapped up a competition to see who could develop the best facial recognition technology. The challenge: identify as many passengers as possible walking on an aircraft boarding ramp. Of all the entries, it was a Chinese st...

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SoftBank offers to buy Uber shares at 30 percent discount

SAN FRANCISCO (Reuters) - Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. The logo of SoftBank Group Corp is...

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SoftBank offering to buy Uber shares at 30 percent discount

SAN FRANCISCO (Reuters) - Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. The logo of SoftBank Group Corp is...

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Waymo seeks delay of Uber trade secrets trial over new evidence

SAN FRANCISCO (Reuters) - Alphabet’s Inc Waymo self-driving car unit asked a U.S. judge on Monday to postpone an upcoming trade secrets trial against Uber Technologies Inc, so Waymo could investigate whether Uber withheld important evidence in the case. FILE PHOTO - The Waymo logo is displayed...

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SoftBank offering to buy Uber shares at 30 percent discount: source

SAN FRANCISCO (Reuters) - Japan’s SoftBank Group Corp (9984.T) is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. The logo of SoftBank Grou...

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Internet businesses ask U.S. to keep net neutrality rules

WASHINGTON (Reuters) - AirBnb, Reddit, Shutterstock, Inc, Tumblr, Etsy (ETSY.O), Twitter (TWTR.N) and a long list of small internet companies urged the Federal Communications Commission on Monday to scrap a plan to roll back net neutrality rules. FILE PHOTO: Ajit Pai, Chairman of the Federal Communi...

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Siemens, Trimble, Moody's breached by Chinese hackers, U.S. charges

PITTSBURGH, Pa./NEW YORK (Reuters) - Three people affiliated with a Chinese cyber security firm hacked into the networks of Siemens AG, Trimble Inc and Moody’s Analytics to steal business secrets, U.S. prosecutors said on Monday. FILE PHOTO - Siemens AG logo is seen during official opening of ...

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