KrebsOnSecurity has sought to call attention to online services which expose sensitive consumer data if the user knows a handful of static details about a person that are broadly for sale in the cybercrime underground, such as name, date of birth, and Social Security Number. Perhaps the most eye-ope...
Name+DOB+SSN=FAFSA Data Gold Mine
KrebsOnSecurity has sought to call attention to online services which expose sensitive consumer data if the user knows a handful of static details about a person that are broadly for sale in the cybercrime underground, such as name, date of birth, and Social Security Number. Perhaps the most eye-ope...
Uber, Yandex ride services can merge in Russia, regulator FAS rules
MOSCOW (Reuters) - Uber [UBER.UL] and Yandex’s ride-sharing businesses can merge in Russia, anti-monopoly regulator FAS ruled on Friday, but stipulated that the combined company not bar drivers from working for competitors. FILE PHOTO: A taxi with the logo of Russian online taxi service Yandex...
Danish supermarkets Bilka, Fotex hit by Black Friday cyber attacks
COPENHAGEN (Reuters) - Danish supermarket chains Bilka and Fotex said their websites had been taken down by cyber attacks at the launch of their Black Friday sales campaigns. The websites were hit by “malicious cyber-connection” attacks, an advanced form of a Distributed Denial of Servic...
Uber to partner with Mahindra to pilot electric vehicles in India
MUMBAI (Reuters) - Ride-hailing firm Uber will partner with automaker Mahindra and Mahindra to pilot electric vehicles on its platform in India, the two companies said on Friday, at a time when the government is pushing to have all new vehicles electrified by 2030. FILE PHOTO - The Uber logo is seen...
Danish supermarkets Bilka, Fotex hit by Black Friday cyber attacks: media
COPENHAGEN (Reuters) - Danish supermarket chains Bilka and Fotex were hit by cyber attacks early Friday, taking down their websites at the launch their Black Friday campaigns, local media reported. The websites were hit by “cyber-connection” attacks, media reported, citing the owner of b...
Alibaba affiliate Ant Financial bans high-interest loan products
HONG KONG (Reuters) - Alibaba Group Holding Ltd affiliate Ant Financial has banned consumer loans with annual interest rates above 24 percent from its Alipay platform, a move which comes as China’s government increases scrutiny of lightly regulated online lending. FILE PHOTO - A logo of Ant Fi...
Uber to partner with Mahindra for electric vehicles in India
MUMBAI (Reuters) - Ride-hailing firm Uber Technologies will partner with automaker Mahindra and Mahindra to add electric vehicles on its platform in India, the two companies said in a statement on Friday. FILE PHOTO - The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas Whit...
U.S. online sales surge, shoppers throng stores on Thanksgiving evening
(Reuters) - U.S. shoppers had splurged more than $1.52 billion online by Thanksgiving evening, and more bargain hunters turned up at stores this year after two weak holiday seasons as retailers opened their doors early on the eve of Black Friday. A customer loads her shopping cart during the Black F...
Virtual reality boom brings giant robots, cyberpunk castles to China
GUIYANG, China (Reuters) - Giant robots and futuristic cyberpunk castles rise out of lush mountain slopes on the outskirts of Guiyang, the capital of one of China’s poorest provinces. A view of the Oriental Science Fiction Valley theme park at sunset, in Guiyang, Guizhou province, China Novemb...
EU privacy regulators to discuss Uber hack next week
BRUSSELS (Reuters) - European Union privacy regulators will discuss ride-hailing app Uber’s [UBER.UL] massive data breach cover-up next week and could create a task-force to coordinate investigations. FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017....
U.S. judge orders Uber customer to arbitrate price-fixing claims
NEW YORK (Reuters) - A U.S. judge ruled that Uber can force an unhappy Connecticut customer’s price-fixing case against the ride-service company into arbitration, after the customer said the proposed class action belonged in court because he never agreed to arbitrate. FILE PHOTO: A man arrives...
EU lawmakers back exports control on spying technology
BRUSSELS (Reuters) - EU lawmakers overwhelmingly backed plans on Thursday to control exports of devices to intercept mobile phone calls, hack computers or circumvent passwords that could be used by foreign states to suppress political opponents or activists. A hooded man holds a laptop computer as b...
Workers at Amazon's main Italian hub, German warehouses strike on Black Friday
MILAN (Reuters) - Workers at Amazon’s main distribution hub in Italy are planning their first ever strike for Friday, trade unions said, while they are also striking at six warehouses in Germany, threatening to disrupt one of the year’s busiest shopping days. A view of the new Amazon log...
Russia says Google down-ranking Sputnik, RT would be censorship
MOSCOW (Reuters) - Russia’s foreign ministry said on Thursday that moves by Alphabet Inc’s Google to place articles from Russian news outlets Sputnik and Russia Today lower in search results would amount to censorship. The Google app logo is seen on a smartphone in this picture illustrat...
Workers at Amazon's main Italian site to hold first strike on Black Friday
MILAN (Reuters) - Workers at Amazon’s (AMZN.O) main distribution hub in Italy are planning their first ever strike for Friday, trade unions said, threatening to disrupt one of the busiest shopping days of the year. FILE PHOTO - Amazon.com's logo is seen at Amazon Japan's office building in Tok...
Lyft raises another $500 million in additional round of funding
(Reuters) - Uber rival Lyft Inc is raising an additional $500 million in funding, according to a U.S. share authorization document filed in Delaware news website Axios said. (bit.ly/2BhebbU) The additional funding round, led by Alphabet Inc’s CapitalG, is an extension of the $1 billion round a...
Flat profit gives Angry Birds maker's shares the blues
HELSINKI (Reuters) - Angry Birds maker Rovio Entertainment (ROVIO.HE) fell short of market expectations for quarterly sales and profit on Thursday, sparking a near 20 percent fall in the Finnish firm’s shares. An employee works inside an office of Rovio, the company which created the video gam...
Exclusive: China's SenseTime plans IPO, U.S. R&D center as early as 2018
HONG KONG (Reuters) - Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development center as early as next year, its founder told Reuters. FILE PHOTO: SenseTime surveillance software identifying det...
Amazon starts Australian trial after months of hype
SYDNEY (Reuters) - Amazon.com Inc’s (AMZN.O) Australian arm began an order-taking trial on Thursday, giving life to the hype which has preceded its arrival in the world’s No. 12 economy and weighed on the shares of the brick-and-mortar retail sector. FILE PHOTO: A web page featuring Amaz...
Exclusive: China's SenseTime plans IPO, aims to open R&D center in U.S.
HONG KONG (Reuters) - Chinese artificial intelligence start-up SenseTime Group is planning an initial public offering (IPO) and aims to open a research and development (R&D) center in the United States as early as next year, its founder told Reuters in an interview. The Hong Kong and Beijing-bas...
Dining goes digital for Thailand's street food vendors
BANGKOK (Reuters) - Bangkok’s famous street-food vendors have joined the digital revolution, embracing payment via Quick Response (QR) barcodes that can be read using smartphones. An advertisement board displaying a QR code is seen as a vendor waits for customers at a market in Bangkok, Thaila...
Uber's messy data breach collides with launch of SoftBank deal
TORONTO/SAN FRANCISCO (Reuters) - A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack - something of a metaphor for Uber, a company with boundless investor interest, but whose penchant f...
YouTube steps up takedowns as concerns about kids' videos grow
(Reuters) - YouTube stepped up enforcement of its guidelines for videos aimed at children, the unit of Alphabet Inc’s (GOOGL.O) Google said on Wednesday, responding to criticism that it has failed to protect children from adult content. A 3D-printed YouTube icon is seen in front of a displayed...
Broadcom considering sweetened Qualcomm bid: sources
(Reuters) - Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm’s top shareholders, according to people familiar with the matter. A sign to the campus offices of chip maker Broadcom...
Tech still hedge funds' sweetheart sector: Goldman Sachs
LONDON (Reuters) - Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry’s most and least favored areas of the market. Traders work on the floor of the Ne...
Uber breach, cover-up trigger government probes around the globe
TORONTO (Reuters) - Governments around the globe launched investigations into Uber Technologies Inc [UBER.UL] after the company disclosed it had covered up a breach that exposed data on millions of customers and drivers, the latest scandal to rock the ride-hailing firm. FILE PHOTO: A photo illustrat...
Peter Thiel sells most of remaining Facebook stake
(Reuters) - Facebook Inc’s (FB.O) first major investor Peter Thiel has sold three-quarters of his remaining stake in the social network as part of a previously established trading plan, a regulatory filing showed. FILE PHOTO - PayPal co-founder and Facebook board member Peter Thiel delivers hi...
Exclusive: SAP says executive resigns amid Gulf region sales probe
DUBAI/LONDON (Reuters) - SAP (SAPG.DE) is investigating sales practices in its Gulf region after executives in charge of its dealings in the region resigned or been put on administrative leave, the German business software giant said on Wednesday. SAP logo at SAP headquarters in Walldorf, Germany, J...
Lyft wins permit to test self-driving cars in California
(Reuters) - U.S. ride-hailing firm Lyft has secured a permit to test autonomous vehicles in California, taking it one step further in the race with several other companies to bring self-driving cars to the masses. An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S...