Exclusive: Ukraine hit by stealthier phishing attacks during BadRabbit strike

KIEV (Reuters) - Hackers tried to access confidential data in powerful but stealthy phishing attacks launched in parallel with an eyeball-grabbing ransomware strike called BadRabbit last week, the head of the Ukrainian state cyber police said on Thursday. Ukrainian Cyber Police Chief Serhiy Demedyuk...

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Spending plans trigger Facebook stock retreat

(Reuters) - Facebook Inc (FB.O) shares slid on Thursday, as investors shrugged off strong quarterly results and worried about the cost of the company’s decision to spend more on preventing misuse of the world’s biggest social media network. FILE PHOTO: Facebook logo is seen at a start-up...

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Apple draws options bulls ahead of quarterly results

NEW YORK (Reuters) - Ahead of Apple Inc’s quarterly report on Thursday, traders in the options market have taken positions close to the most bullish since late December, options data showed. FILE PHOTO: A man is reflected in a Apple store logo in San Francisco, California, U.S., August 21, 201...

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Wells Fargo unveils new digital account targeting Uber drivers

(Reuters) - Wells Fargo & Co on Thursday unveiled a new bank account that can be opened without walking into a branch, used within minutes, and does not allow for overdrafts. FILE PHOTO: A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October ...

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Equifax Reopens Salary Lookup Service

Equifax has re-opened a Web site that lets anyone look up the salary history of a large portion of the American workforce using little more than a person’s Social Security number and their date of birth. The big-three credit bureau took the site down just hours after I wrote about it on Oct. 8...

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Equifax Reopens Salary Lookup Service

Equifax has re-opened a Web site that lets anyone look up the salary history of a large portion of the American workforce using little more than a person’s Social Security number and their date of birth. The big-three credit bureau took the site down just hours after I wrote about it on Oct. 8...

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Alibaba sales beat estimates on 'outstanding' quarter, raises forecast

BEIJING (Reuters) - Alibaba Group Holding Ltd (BABA.N) hailed an “outstanding quarter” on Thursday and raised its outlook for the year after beating forecasts with a 61 percent revenue rise driven by strong growth in online sales. FILE PHOTO: A logo of Alibaba Group is seen on a building...

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Leaked data from massive Malaysian breach 'likely available online for long time'

KUALA LUMPUR/SINGAPORE (Reuters) - Personal details of tens of millions of Malaysians obtained from a 2014 data breach have likely been available for sale for a long time, according to the founder of an online portal who revealed the massive data breach this week. FILE PHOTO: Diners check their phon...

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TripAdvisor to offer Takeaway's food delivery in Europe

AMSTERDAM (Reuters) - TripAdvisor users will be able to order meal deliveries in nine European countries under a deal with Dutch online food delivery company Takeaway.com. FILE PHOTO - The logo for a travel website company TripAdvisor Inc is shown on a computer screen in this illustration photo in E...

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Credit Suisse CEO skeptical about Bitcoin 'bubble'

ZURICH (Reuters) - Credit Suisse Chief Executive Tidjane Thiam on Thursday expressed caution about Bitcoin, saying the current interest in the crypto-currency could eventually subside. FILE PHOTO: CEO Tidjane Thiam of Swiss bank Credit Suisse attends the bank's extraordinary shareholder meeting in Z...

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Bitcoin skyrockets above $7,000 for first time ever

LONDON (Reuters) - Digital currency bitcoin rocketed above $7,000 for the first time ever on Thursday, after a more than sevenfold increase in its value since the start of the year. FILE PHOTO: A sign is seen outside a business where a Bitcoin ATM is located in Toronto, Ontario, Canada June 3, 2017....

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App developer access to iPhone X face data spooks some privacy experts

SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) won accolades from privacy experts in September for assuring that facial data used to unlock its new iPhone X would be securely stored on the phone itself. A attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 20...

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Apple market value: We may need a bigger chart

SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were “off the charts,” but it might be the company’s market capitalization that needs a bigger ...

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Ride-hailing firm Grab launches e-wallet for hawker stalls in Singapore

SINGAPORE (Reuters) - Ride-hailing firm Grab launched its GrabPay digital wallet for hawker stalls, restaurants and shops in Singapore, making its latest big push into electronic payments as part of its efforts to expand beyond transportation services. A woman uses her phone near a sign for the onli...

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Facebook profit soars, with no sign of impact from Russia scandal

(Reuters) - Facebook Inc (FB.O) faced harsh criticism in Washington on Wednesday over its failure to prevent Russian operatives from using its platform for election meddling, but the earnings report it issued hours later showed just how insulated its business remains from political risk. A 3D-printe...

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Demand for modem, IoT chips helps Qualcomm top estimates

(Reuters) - Qualcomm Inc’s fourth-quarter profit and revenue beat market expectations as strength in its smartphone chips business was complemented by demand for chips used in automobiles and for the Internet of Things (IoT). FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, Ca...

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Wall Street regulator warns celebrities, individuals touting digital coins

NEW YORK (Reuters) - Wall Street’s main regulator warned on Wednesday that celebrities or other individuals may be breaking U.S. securities law when promoting investments in initial coin offerings (ICOs), a means for companies to raise funds online. A Wall Street sign is seen in Lower Manhatta...

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Former Yahoo CEO, Equifax CEO to testify at Senate hearing

WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc (EFX.N) will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday. File Photo - Marissa Mayer participates in a panel discussion at the ...

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Tesla stock falls on Model 3 delays, biggest-ever quarterly loss

SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) on Wednesday pushed back its target for volume production on its new Model 3 sedan by about three months, saying it was difficult to predict how long it would take to fix all production bottlenecks. The company also reported its biggest quarterly loss eve...

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U.S. lawmakers release sample of Russian-bought Facebook ads

WASHINGTON (Reuters) - U.S. lawmakers released a batch of Russian-bought Facebook Inc ads on Wednesday that showcased politically charged content allegedly spread on social media by Moscow ahead of the 2016 U.S. election. Examples of Facebook pages are seen, as executives appear before the House Int...

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Facebook profit soars, no sign of impact from Russia issue

(Reuters) - Facebook Inc (FB.O) reported better-than-expected quarterly profit and revenue on Wednesday as it pushed further into video advertising, showing no sign of financial damage from the controversy over how Russia may have used the social network to meddle in the 2016 U.S. elections. A 3D-pr...

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Tesla delays Model 3 volume production amid biggest-ever quarterly loss

SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) on Wednesday pushed back its target for volume production on its new Model 3 sedan by about three months, saying that while progress fixing bottlenecks was made, it was difficult to predict how long it would take for all production issues to be fixed. FIL...

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Snapdragon chips demand helps Qualcomm top estimates

(Reuters) - Smartphone chipmaker Qualcomm Inc reported a better-than-expected profit and revenue for the fourth quarter, boosted by demand for its Snapdragon mobile chips. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on November 3, 2015. REUTERS/Mike Blake/File ...

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GoPro's holiday-quarter outlook misses estimates, shares fall

(Reuters) - Action camera-maker GoPro Inc forecast a weak holiday quarter on Wednesday, sending its shares down nearly 12 percent to $9.40 in extended trading. FILE PHOTO: A GoPro camera is seen on a skier's helmet as he rides down the slopes in the ski resort of Meribel, French Alps, January 7, 201...

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Facebook profit trounces estimates as ad sales rise

(Reuters) - Facebook Inc (FB.O) reported better-than-expected quarterly profit and revenue on Wednesday as it pushed further into video advertising in a quarter dominated by reports that Russia allegedly used the social network to meddle in the 2016 U.S. elections. A 3D-printed Facebook like button ...

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Tesla reports biggest-ever quarterly loss

(Reuters) - Tesla Inc (TSLA.O) reported its biggest-ever quarterly loss on Wednesday as the electric-car maker spent more to speed up production of its more affordable Model 3 sedan. FILE PHOTO: A Tesla charging station is seen in Salt Lake City, Utah, U.S. on September 28, 2017. REUTERS/Lucy Nichol...

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Fitbit sinks to $113 million loss in third quarter

(Reuters) - Wearable device maker Fitbit Inc reported a loss in the third quarter compared to a profit a year earlier, hit by declining demand and growing competition for its fitness wrist bands. A visitor uses a Fitbit Ionic watch at the IFA Electronics Show in Berlin, Germany, September 1, 2017. R...

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Qualcomm profit sinks nearly 90 percent

(Reuters) - Smartphone chipmaker Qualcomm Inc reported a 89.5 percent slump in quarterly profit on Wednesday as the company’s ongoing patent battle with Apple Inc hurt both its licensing and chips business. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on N...

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Millions of Americans exposed to Russian content on Instagram, Facebook says

WASHINGTON (Reuters) - About 20 million Americans may have seen Russian-backed content on Instagram in the run-up to the 2016 U.S. presidential election, Facebook Inc disclosed on Wednesday as lawmakers questioned tech companies about Russia’s use of social media to try to influence the vote. ...

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Short-seller Muddy Waters seeks to unmask Google Gmail fraudster

NEW YORK (Reuters) - Muddy Waters, the investment firm run by prominent short-seller Carson Block, on Wednesday asked a New York court to force Google to help it identify someone who impersonated a Wall Street Journal reporter to uncover its strategy toward a French retailer it was betting against. ...

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