PayPal purchase protection doesn't shield from lawsuits: German court

KARLSRUHE, Germany (Reuters) - Germany’s highest court ruled on Wednesday that PayPal’s purchase protection scheme does not shield customers from being sued for the price of items they bought online even if PayPal had granted them a refund. The PayPal app logo seen on a mobile phone in t...

Continue reading

HPE CEO Whitman's surprise exit stumps Wall Street

(Reuters) - Shares of Hewlett Packard Enterprise Co (HPE.N) fell 6 percent on Wednesday after Chief Executive Officer Meg Whitman’s decision to step down from the role took Wall Street by surprise. FILE PHOTO: Meg Whitman, President and Chief Executive Officer, Hewlett Packard Enterprise, atte...

Continue reading

Whitman's surprise exit stumps Wall Street, shares fall

(Reuters) - Shares of Hewlett Packard Enterprise Co (HPE.N) were down 6 percent in pre-market trading on Wednesday after Chief Executive Officer Meg Whitman’s decision to step down from the role took investors by surprise. FILE PHOTO: Meg Whitman, President and Chief Executive Officer, Hewlett...

Continue reading

Apple says illegal student labor discovered at iPhone X plant

BEIJING (Reuters) - Smartphone maker Apple Inc (AAPL.O) and its biggest manufacturing partner on Wednesday said that a small number of students were discovered working overtime in its Chinese factory, violating local labor laws. FILE PHOTO: An iPhone X is seen on a large video screen in the new Appl...

Continue reading

Regulators to press Uber after it admits covering up data breach

TORONTO/SAN FRANCISCO (Reuters) - Struggling ride-hailing firm Uber [UBER.UL] faces a fresh regulatory crackdown after disclosing it paid hackers $100,000 to keep secret a massive breach last year that exposed personal data from around 57 million accounts. Discovery of the U.S. company’s cover...

Continue reading

Digital currencies will not replace physical money soon: Bank of Japan official

TOKYO (Reuters) - Financial technology is fast revolutionizing the banking industry but digital currencies will not replace physical money any time soon, a senior Bank of Japan (BOJ) official said on Wednesday. Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration...

Continue reading

TiVo wins set-top box patent case against Comcast

(Reuters) - The U.S. International Trade Commission has ruled in favor of Rovi Corp, which is now known as TiVo Corp, and prohibited Comcast Corp from importing and selling certain types of Rovi’s Xfinity X1 set-top boxes. The final ruling in favor of Rovi that makes set-top boxes said the imp...

Continue reading

Samsung Electronics to set up AI research center

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Wednesday it would create an artificial intelligence (AI) research center and strengthen an executive role to look for new business areas for all its three major business groups. FILE PHOTO: The logo of Samsung Electronics is seen at its office bu...

Continue reading

Amazon tells Australian retailers to prepare for orders from Thursday: sources

SYDNEY (Reuters) - Amazon.com Inc has told its Australian sellers to be ready to take orders on Nov. 23, according to a retailer, the first time the global retail juggernaut has given a start date for doing business in the world No. 12 economy. FILE PHOTO: A web page featuring Amazon's Australian UR...

Continue reading

Uber paid hackers to cover up massive data breach

(Reuters) - Uber Technologies Inc [UBER.UL] paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the U.S. company’s cover-up of the incident res...

Continue reading

Uber paid hackers $100,000, concealed data stolen from 57 million accounts

(Reuters) - Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the incident resulted in the firing of two emplo...

Continue reading

Apple scientists disclose self-driving car research

(Reuters) - Research by Apple Inc (AAPL.O) computer scientists on how self-driving cars can better spot cyclists and pedestrians while using fewer sensors has been posted online, in what appears to be the company’s first publicly disclosed paper on autonomous vehicles. FILE PHOTO: The Apple lo...

Continue reading

Meg Whitman stepping down as HP Enterprise CEO

(Reuters) - Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co (HPE.N), ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history. Hewlett Packard Enterprise CEO Meg Whitman is seen following an intervie...

Continue reading

U.S. government warns businesses about cyber bug in Intel chips

(Reuters) - The U.S. government on Tuesday urged businesses to act on an Intel Corp (INTC.O) alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability. The Intel logo is displayed on computer screens at SI...

Continue reading

U.S. FCC chief plans to ditch U.S. 'net neutrality' rules

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to repeal landmark 2015 rules that prohibited internet service providers from impeding consumer access to web content in a move that promises to recast the digital landscape. FCC chief Ajit Pai, a...

Continue reading

Uber CEO says company failed to disclose massive breach in 2016

(Reuters) - Uber Technologies Inc [UBER.UL] failed to disclose a massive breach last year that exposed the date of some 57 million users of the ride-sharing service, the company’s new chief executive officer said on Tuesday. FILE PHOTO: The logo of Uber is seen on an iPad, during a news confer...

Continue reading

U.S. FCC chief plans to dump Obama-era 'net neutrality' policy

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to scrap landmark 2015 rules intended to ensure a free and open internet, moving to give broadband service providers sweeping power over what content consumers can access. FCC Chairman Ajit Pai, a...

Continue reading

HP Enterprise CEO Meg Whitman to step down

(Reuters) - Hewlett Packard Enterprise Co said on Tuesday that Meg Whitman was stepping down as chief executive officer, sending its shares down 7.4 percent in trading after the bell. Hewlett Packard Enterprise CEO Meg Whitman is seen following an interview on CNBC on the floor of the New York Stock...

Continue reading

Trump says AT&T plan to buy Time Warner 'not a good deal'

(Reuters) - U.S. President Donald Trump on Tuesday stood by his criticism of pay TV and wireless company AT&T’s deal to buy movie and TV show maker Time Warner Inc, which the Justice Department has sued to stop. “I‘m not going to get involved in litigation, but personally I&rsq...

Continue reading

Russia to act against Google if Sputnik, RT get lower search rankings: official

SAN FRANCISCO/MOSCOW (Reuters) - The Kremlin will take action against Alphabet Inc’s (GOOGL.O) Google if articles from Russian news websites Sputnik and Russia Today are placed lower in search results, the Interfax news service cited Russia’s chief media regulator as saying on Tuesday. F...

Continue reading

U.S. commission recommends tariffs to curb Samsung, LG washer imports

WASHINGTON (Reuters) - The U.S. International Trade Commission on Tuesday recommended tariffs to keep Samsung and LG from flooding the U.S. market with inexpensive washers, a step that would protect American appliance giant Whirlpool Corp. The logo of Samsung Electronics is seen in front of its offi...

Continue reading

U.S. prosecutors charge Iranian in 'Game of Thrones' hack

(Reuters) - U.S. prosecutors have charged an Iranian national with hacking into cable TV network HBO and stealing episodes and plot summaries for unaired programs including “Game of Thrones,” then threatening to release the data unless he was paid $6 million. FILE PHOTO - Fans wait for g...

Continue reading

FCC chief plans to ditch U.S. 'net neutrality' rules

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to repeal landmark 2015 rules that prohibited internet service providers from impeding consumer access to web content in a move that promises to recast the digital landscape. Ajit Pai, Chairman of...

Continue reading

U.S. commission calls for tariff-rate quota on Samsung, LG washer imports

WASHINGTON (Reuters) - The U.S. International Trade Commission on Tuesday called for a tariff-rate quota on imported Samsung and LG brand washers after appliance giant Whirlpool Corp urged the imposition of “global safeguard” limits on its South Korean rivals to stop them from flooding t...

Continue reading

Republican-appointed judge to hear AT&T lawsuit, Time Warner shares rise

(Reuters) - A Republican-appointed judge with extensive antitrust experience was selected on Tuesday to preside over the U.S. government’s lawsuit to block AT&T Inc’s acquisition of Time Warner Inc, sending Time Warner shares higher as investors bet the judge would be more likely to ...

Continue reading

Ireland promises progress in Apple tax recovery in coming weeks

DUBLIN (Reuters) - Ireland expects to make progress in recovering up to 13 billion euros ($15 billion) in disputed taxes from Apple Inc (AAPL.O) in the coming weeks, its prime minister said on Tuesday, following EU criticism that Dublin was moving too slowly. A 3D printed Apple logo is seen in front...

Continue reading

Exclusive: U.S. agency to vote to repeal 'net neutrality' rules - FCC chief

WASHINGTON (Reuters) - The chairman of the Federal Communications Commission on Tuesday unveiled plans to repeal a landmark 2015 order that barred internet service providers from blocking or slowing down consumer access to web content, and said the regulator will prevent states and cities from adopt...

Continue reading

Apple removes several apps, including Skype, in China

(Reuters) - Apple Inc (AAPL.O) said on Tuesday it has removed several apps including Skype, Microsoft Corp’s (MSFT.O) internet phone call and messaging service, from its app store in China after the country’s government pointed to violations of local laws. A woman looks at the screen of ...

Continue reading

Facebook to meet Russian regulators to discuss compliance: TASS

MOSCOW (Reuters) - Facebook (FB.O) plan to meet Russian regulators in late December or early January to discuss compliance, TASS news agency cited the head of Russian communications watchdog Roskomnadzor as saying on Tuesday. A 3D-printed Facebook logo is displayed in front of the Russian flag, in t...

Continue reading

Skype disappears from app stores in China: New York Times

(Reuters) - Skype, Microsoft Corp’s internet phone call and messaging service, has been unavailable for download from a number of app stores in China, including Apple Inc‘s, for almost a month, New York Times reported on Tuesday. The removal led to complaints from Chinese users, who were...

Continue reading