For the second time in as many years, hackers have compromised Verticalscope.com, a Canadian company that manages hundreds of popular Web discussion forums totaling more than 45 million user accounts. Evidence of the breach was discovered just before someone began using that illicit access as a...
Chipmaker Broadcom plans blockbuster bid for Qualcomm: sources
(Reuters) - Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, two sources familiar with the matter said on Friday, an attempt to create a roughly $200-billion company in what would be the biggest technology acquis...
In reversal, U.S. internet firms back bill to fight online sex trafficking
WASHINGTON (Reuters) - Major U.S. internet firms on Friday said they would support legislation to make it easier to penalize operators of websites that facilitate online sex trafficking, marking a sharp reversal for Silicon Valley on an issue long considered a top policy priority. A computer keyboar...
Chipmaker Broadcom plans unsolicited bid for Qualcomm: source
(Reuters) - Broadcom Ltd (AVGO.O) is planning an unsolicited bid for smartphone chipmaker Qualcomm Inc (QCOM.O) with an offer possible as soon as this weekend, a source familiar with the matter said on Friday. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on Nove...
Chipmaker Broadcom exploring deal for Qualcomm: Bloomberg
(Reuters) - Broadcom Ltd (AVGO.O) is considering a bid of more than $100 billion for smartphone chipmaker Qualcomm Inc (QCOM.O), Bloomberg reported on Friday, in what could be the biggest-ever chip deal. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on November 3...
Amazon plans new corporate office in Vancouver, to double headcount
VANCOUVER (Reuters) - Amazon.com Inc (AMZN.O) said on Friday that it will a open second corporate office in Vancouver, doubling its staff in the western Canadian city by early 2020 as it looks to tap into a burgeoning local tech workforce. FILE PHOTO: Morning fog blankets the Lions Gate Bridge and p...
Broadcom explores deal to buy Qualcomm: Bloomberg
(Reuters) - Broadcom Ltd (AVGO.O) is exploring a deal to buy smartphone chip maker Qualcomm Inc (QCOM.O) and is speaking to advisers, Bloomberg reported on Friday. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on November 3, 2015. REUTERS/Mike Blake/File Photo No...
Tezos organizers sued in California over crypto currency project
(Reuters) - A class-action lawsuit has been filed in a California state court against the organizers of the technology project Tezos, which in July raised $232 million in one of the largest “initial coin offerings” (ICOs) ever. Tezos co-founder and CTO Arthur Breitman and his wife and co...
Equifax clears executives who sold shares after hack
(Reuters) - Equifax Inc (EFX.N) said on Friday four of its executives who sold shares before the credit-reporting firm disclosed a massive data breach that wiped out billions from its market value were not aware of the incident when they made the trades. FILE PHOTO: Credit reporting company Equifax ...
Twitter employee briefly shuts Trump account, putting controls in question
(Reuters) - Twitter Inc faced questions on Friday about its approach to internal security after a company employee briefly deactivated U.S. President Donald Trump’s account. The 11-minute blackout of the @realDonaldTrump account late on Thursday drew widespread attention on the microblogging s...
Apple firmly on course for $1 trillion valuation: analysts
(Reuters) - Apple Inc’s shares hit a record-high on Friday after the tech giant reported a blowout fourth quarter and shrugged off concerns related to the iPhone X, prompting more analysts to put a trillion-dollar valuation on the company. The Apple Inc. store is seen on the day of the new iPh...
Cryptocurrencies' market cap hits record $200 billion as bitcoin soars
LONDON (Reuters) - The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup (C.N). A copy of bitcoin standing on PC motherboard i...
Equifax committee clears executive stock sales made after data breach
(Reuters) - Equifax Inc (EFX.N) said on Friday that executives who sold shares before the credit-reporting service disclosed a massive data breach were not aware of the incident when their trades were made. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, ...
Equifax says execs who sold shares were not aware of data breach
(Reuters) - Equifax Inc said on Friday that none of the four executives who sold their shares before details of a data breach were disclosed publicly had knowledge of the incident when their trades were made. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta...
Estonia orders online ID lock-down to fix security flaw
TALLINN (Reuters) - Estonia plans to block access to the country’s vaunted online services for 760,000 people from midnight on Friday to fix a security flaw in some of the Baltic country’s identity smartcards that was identified earlier this year. Estonia is seen as a leader in providing...
Carmakers plan 400 Europe car charging stations by 2020
FRANKFURT (Reuters) - A group of mainly German carmakers will open ultra-fast electric vehicle charging stations this year and plans a pan-European network of 400 by 2020, hoping to narrow Tesla’s lead. An electric car is being charged in a Paris street, France, September 12, 2017. REUTERS/Phi...
Apple's iPhone X hits the spot as long lines return from Sydney to Shanghai
SYDNEY/BEIJING (Reuters) - Long, snaking lines formed outside Apple Inc stores in Asia early on Friday as fans flocked to buy the new iPhone X, a turnout that contrasts with the more lackluster launches for the past two iterations of the premium smartphone. Apple's new iPhone X is displayed after it...
Apple's iPhone X hits the spot as long queues return from Sydney to Shanghai
SYDNEY/BEIJING (Reuters) - Long, snaking lines formed outside Apple Inc stores in Asia early on Friday as fans flocked to buy the new iPhone X, a turnout that contrasts with the more lackluster launches for the past two iterations of the premium smartphone. A member of Apple staff takes pictures as ...
Twitter says Trump's account deactivated by employee leaving company
(Reuters) - U.S. President Donald Trump’s @realdonaldtrump Twitter account was deactivated by a Twitter Inc employee who was leaving the company on Thursday and was down for 11 minutes before it was restored, the social media company said. FILE PHOTO: The masthead of U.S. President Donald Trum...
Apple CEO Cook breathes new life into old iPhones
(Reuters) - By delivering solid financial results that beat Wall Street’s expectations for both revenues and profits on Thursday, Apple Inc’s CEO Tim Cook put to rest concerns that the company’s flagship device, the iPhone X, wouldn’t be ready in time for the holiday shopping...
Amazon to end Fresh grocery delivery service in some areas
(Reuters) - Amazon.com Inc (AMZN.O) is ending its Fresh grocery delivery service for select zip codes, though it continues to operate in a range of cities from Los Angeles to Tokyo, it said in a statement on Thursday. An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, C...
Twitter says Trump's account 'inadvertently deactivated' by Twitter employee
(Reuters) - U.S. President Donald Trump’s @realdonaldtrump Twitter account was “inadvertently deactivated” due to human error by a Twitter Inc employee on Thursday and was down for 11 minutes before it was restored, the social media company said. FILE PHOTO: The masthead of U.S. Pr...
Apple sees strong holiday sales, smooth sailing for iPhone X
SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping season, allaying investor concerns about production delays on the new iPhone X and demonstrating remarkable strength across its growing line of product...
Hundreds line up in Sydney for Apple iPhone X launch
SYDNEY (Reuters) - Hundreds of people queued up outside Apple Inc’s store in central Sydney early on Friday to be the first in the world to get their hands on the new iPhone X, a turnaround from more lackluster launches for the past two iterations of the phone. The first customers to buy the i...
Facebook pressured to notify people who saw Russian posts
WASHINGTON (Reuters) - Facebook Inc received several tongue-lashings during U.S. congressional hearings this week, but the world’s largest social network also got an assignment: Figure out how to notify tens of millions of Americans who might have been fed Russian propaganda. A Facebook logo i...
Activision Blizzard's 'Destiny 2' drives full-year forecast raise
(Reuters) - Videogame publisher Activision Blizzard Inc on Thursday reported better-than-expected quarterly revenue and profit and raised its full-year forecasts, driven by the popularity of its sci-fi first person shooter game “Destiny 2”. Visitors look at a presentation at the ActiVisi...
Apple sees holiday-quarter sales above Wall St., shares rise
(Reuters) - Apple Inc (AAPL.O) forecast revenue for the holiday shopping-quarter largely above market expectations, helping allay investor concerns about production delays and supply constraints for the iPhone X, which it will start shipping on Friday. An attendee holds a new iPhone X during a prese...
Game-maker Activision Blizzard's holiday-quarter forecasts disappoint
(Reuters) - Activision Blizzard Inc on Thursday became the second videogame publisher after Electronic Arts to forecast revenue below Street estimates for the all-important holiday sales quarter as a slew of title releases heats up competition. Visitors look at a presentation at the ActiVision Blizz...
Qualcomm sues Apple for breach of software license contract
(Reuters) - Qualcomm Inc (QCOM.O) has sued Apple Inc (AAPL.O), alleging that it violated a software license contract to benefit rival chipmaker Intel Corp (INTC.O) for making broadband modems, the latest salvo in the longstanding dispute between Qualcomm and Apple. FILE PHOTO: A man looks at the scr...
Qualcomm sues Apple for contract breach
(Reuters) - Qualcomm Inc (QCOM.O) has sued Apple Inc (AAPL.O), alleging that it violated a software license contract to benefit rival chipmaker Intel (INTC.O) for making broadband modems, the latest salvo in a longstanding dispute between the two companies. FILE PHOTO: One of many Qualcomm buildings...