Qualcomm invests in Chinese AI facial recognition startup SenseTime

BEIJING (Reuters) - Chinese artificial intelligence (AI) startup SenseTime Group said on Wednesday it has sealed an investment from chipmaker Qualcomm Inc as part of a funding round that will close later this year. FILE PHOTO: A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announc...

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Trump administration to release rules on disclosing cyber flaws: source

WASHINGTON (Reuters) - The Trump administration is expected to publicly release on Wednesday its rules for deciding whether to disclose cyber security flaws or keep them secret, a national security official told Reuters. FILE PHOTO: A man types on a computer keyboard in front of the displayed cyber ...

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Firefox opts for Google as default search in U.S., surprising Yahoo

SAN FRANCISCO (Reuters) - Alphabet Inc’s (GOOGL.O) Google reclaimed on Tuesday its spot as the default search engine on Mozilla Corp’s Firefox Internet browser in the United States and other regions as the browser maker stunned Verizon Communication Inc’s (VZ.N) Yahoo by canceling ...

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Adobe, Microsoft Patch Critical Cracks

It’s Nov. 14 — the second Tuesday of the month (a.k.a. “Patch Tuesday) — and Adobe and Microsoft have issued gobs of security updates for their software. Microsoft’s 11 patch bundles fix more than four-dozen security holes in various Windows versions and Office pro...

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Adobe, Microsoft Patch Critical Cracks

It’s Nov. 14 — the second Tuesday of the month (a.k.a. “Patch Tuesday) — and Adobe and Microsoft have issued gobs of security updates for their software. Microsoft’s 11 patch bundles fix more than four-dozen security holes in various Windows versions and Office pro...

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Fund managers clash over Snap shares

NEW YORK (Reuters) - Fund managers expressed sharply contradicting views on Snap Inc during the social media company’s challenged third quarter, regulatory filings showed on Tuesday. A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiti...

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USITC says launches probe of allegations of patent infringement by Apple

WASHINGTON (Reuters) - The U.S. International Trade Commission said on Tuesday it had launched an investigation into allegations of patent infringement by Apple Inc on various devices. A woman looks at the screen of her mobile phone in front of an Apple logo outside its store in Shanghai, China July...

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About 15 percent of U.S. agencies found Kaspersky Lab software: official

WASHINGTON (Reuters) - About 15 percent of U.S. government agencies have detected some trace of Russian company Kaspersky Lab’s software on their systems in a review prompted by concerns the antivirus firm is vulnerable to Kremlin influence, a security official told Congress on Tuesday. The lo...

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U.S. government shares technical details on North Korean hacking campaign

WASHINGTON (Reuters) - The U.S. government on Tuesday issued a technical alert about cyber attacks it said are sponsored by the North Korean government that have targeted the aerospace, telecommunications and financial industries since 2016. FILE PHOTO: U.S. Department of Homeland Security emblem is...

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Fashion retailer Forever 21 reports payment card security breach

(Reuters) - Fashion retailer Forever 21 said on Tuesday there had been unauthorized access to data from payment cards used at certain of its stores. People walk next to Forever 21 store at Jockey Plaza Mall in Lima, Peru, December 9, 2016. REUTERS/Mariana Bazo The company said the results were part ...

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IBM urges lawmakers to 'narrow' bill targeting Chinese investment

WASHINGTON (Reuters) - International Business Machines Corp has urged lawmakers to use a different strategy than toughening foreign investment rules because of U.S. concerns about Chinese military actions and intellectual property theft, according to a letter seen by Reuters on Tuesday. The logo of ...

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Snap's biggest investors raise stakes in third quarter

NEW YORK (Reuters) - Fidelity Investments and technology-focused hedge fund Coatue Management LLC boosted their stakes in social media company Snap Inc (SNAP.N) during the third quarter, despite Snap’s disappointing results, regulatory filings showed on Tuesday. A woman stands in front of the ...

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About 15 percent of U.S. agencies detected Kaspersky software on networks: official

WASHINGTON (Reuters) - About 15 percent of U.S. federal agencies have reported some trace of Moscow-based Kaspersky Lab software on their systems, a Department of Homeland Security (DHS) official told Congress on Tuesday. The logo of Russia's Kaspersky Lab is on displayat the company's office in Mos...

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Peugeot partners with Huawei in connected-car software

PARIS (Reuters) - PSA Group will develop a secure connected vehicle system in a new partnership with Chinese telecoms company Huawei Technologies [HWT.UL], the French carmaker announced on Tuesday. Raindrops cover the logo of French car manufacturer Peugeot on a automobile seen in Nantes, France, Ju...

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Vietnamese researcher shows iPhone X face ID 'hack'

HANOI (Reuters) - A researcher in Vietnam has demonstrated how he apparently fooled Apple Inc’s face recognition ID software on its new iPhone X using a mask made with a 3D printer, silicone and paper tape. A 3D mask and an iPhone X are seen during a demonstration of recognition ID at the offi...

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Austrian can't file Facebook class action suit: EU Court adviser

BRUSSELS (Reuters) - An Austrian law student cannot bring a class action suit against Facebook’s Irish unit over alleged privacy violations in an Austrian court, an EU court adviser said on Tuesday, but can sue the company in his home country on his own behalf. FILE PHOTO: A 3D plastic represe...

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Airbnb puts automatic rental cap on central Paris offers

PARIS (Reuters) - Short-term rental website Airbnb, which has been challenging traditional hotel operators such as Accor and Marriott, said it would automatically cap the number of days its hosts can rent their property each year in central Paris. A woman talks on the phone at the Airbnb office head...

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Amazon sells off China cloud assets as tough new rules bite

BEIJING (Reuters) - Amazon.com Inc is selling off the hardware from its public cloud business in China, amid tightening regulation over online data that is creating a hurdle for technology firms operating in the world’s second-largest economy. FILE PHOTO: The logo of the web service Amazon is ...

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Austrian activist cannot file class action suit against Facebook: EU Court adviser

BRUSSELS (Reuters) - An Austrian law student and privacy activist cannot bring a class action suit against Facebook’s Irish unit in an Austrian court, an EU court adviser said on Tuesday, but can sue the company there on his own behalf. FILE PHOTO: A 3D plastic representation of the Facebook l...

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Dutch central bank sets up 'friendly' hacking team to attack own banks: report

AMSTERDAM (Reuters) - The Netherlands’ central bank (DNB) is setting up a team of cyber security experts and hackers to attack the country’s own financial infrastructure in order to test and improve its defenses, Het Financieele Dagblad reported on Tuesday. In an interview with the paper...

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Amazon to sell China cloud services unit in $300 million deal

BEIJING (Reuters) - Amazon.com Inc’s Chinese partner, Beijing Sinnet Technology Co., said it would purchase Amazon’s Chinese web services business for up to 2 billion yuan ($301 million), ending the U.S. firm’s cloud-computing business in the country. FILE PHOTO: The logo of the we...

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Google broadens takedown of extremist YouTube videos

SAN FRANCISCO (Reuters) - Alphabet Inc’s Google in the last few months has begun removing from YouTube extremist videos that do not depict violence or preach hate, YouTube said on Monday, a major policy shift as social media companies face increasing pressure from governments. FILE PHOTO: A 3D...

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SoftBank says considering investment in Uber but no final agreement reached

TOKYO (Reuters) - Japan’s SoftBank Group Corp (9984.T) said on Tuesday that it was considering investing in Uber Technologies Inc [UBER.UL] but there was no final agreement at this stage. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan...

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Roku hits record high on Philips licensing deal

(Reuters) - Roku Inc’s shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year. A video sign displays the logo for Roku Inc, a Fox-bac...

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Tesla hit by class-action lawsuit claiming racial discrimination

(Reuters) - U.S. automaker Tesla Inc on Monday was hit with a class-action lawsuit claiming its California production plant is a “hotbed for racist behavior.” The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu The lawsuit filed in California state court in Oa...

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Roku hits record high on licensing deal for Philips-branded TVs

(Reuters) - Roku Inc’s (ROKU.O) shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year. A video sign displays the logo for Roku Inc, ...

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AT&T, Verizon strike tower agreement in effort to diversify vendors

NEW YORK (Reuters) - AT&T Inc and Verizon Communications Inc said on Monday they have agreed to lease hundreds of new cell towers from owner and operator Tillman Infrastructure, a move they hope will give them more leverage in negotiations with major U.S. tower vendors. FILE PHOTO: The Verizon l...

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Google faces antitrust investigation in Missouri

SAN FRANCISCO (Reuters) - Missouri’s attorney general said Monday his office would investigate whether Alphabet Inc’s Google violated the state’s consumer protection and antitrust laws. FILE PHOTO - The Google logo is pictured atop an office building in Irvine, California, U.S. Aug...

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BlackRock's Fink says bitcoin thrives on its anonymity

NEW YORK (Reuters) - Bitcoin, whose value has fluctuated significantly this month, remains a “speculative” investment that thrives because of its anonymous nature, BlackRock Inc (BLK.N) Chief Executive Larry Fink said on Monday. Laurence Fink, founder and chief executive officer of Black...

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Uber's South Asia policy chief quits in latest senior departure: sources

NEW DELHI (Reuters) - Uber’s [UBER.UL] chief of policy for India and South Asia has quit, two sources familiar with the matter said on Monday, in the latest high-level departure at the online taxi company. The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTER...

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