LONDON (Reuters) - Britain’s campaign to force Silicon Valley to compromise on encrypted communications has received strong backing from a top U.S. government legal official, who called out tech firms for failing to balance crime-fighting demands with privacy needs. U.S. Deputy Attorney Genera...

SEOUL (Reuters) - Jay Y. Lee, the billionaire heir to South Korea’s Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer. Detained over charges that he bribed for...

YOKKAICHI, Japan (Reuters) - Toshiba Corp said it is discussing joint investment in a new chip production line with Western Digital Corp - its estranged business partner after the Japanese firm chose a different suitor to buy its $18 billion semiconductor business. After a long and highly contentiou...

YOKKAICHI, Japan (Reuters) - Toshiba Corp is discussing joint investment for a new memory product line at its Yokkaichi plant with Western Digital Corp’s Sandisk, the head of the company’s chip unit said on Friday. Given competition with Samsung Electronics Co, it is best to have amicabl...

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. The surprise resignation of Samsung’s chip a...

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely nearly tripled from a year earlier to a new record, beating analyst estimates as strong memory chip prices fattened margins. Samsung shares touched a fresh high of 2.74 million won soon after the ma...

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun had decided to step down from management, as it forecast record third-quarter profits on the back of soaring memory chip prices. The surprise resignation comes as Kwon was expected to take a bigger rol...

SAN FRANCISCO (Reuters) - Amazon Studio chief Roy Price was put on an immediate leave of absence Thursday, the company said, following allegations that he harassed a producer and ignored an actress’s claim of a sexual assault by producer Harvey Weinstein. The Hollywood Reporter on Thursday rep...

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely nearly tripled from a year earlier to a new record, beating analyst estimates, as strong memory chip prices fattened margins. The Apple Inc smartphone rival and global memory chip leader said third-...

NEW YORK (Reuters) - Equifax Inc said on Thursday that one of its third-party vendors had been running malicious code on one its web pages, but that the credit reporting agency was not the subject of another cyber attack and its systems were not compromised. Equifax had said earlier it took the affe...

(Reuters) - Electric carmaker Tesla Inc (TSLA.O) is recalling 11,000 Model X sport utility vehicles worldwide due to a faulty locking mechanism in their rear seats that raises the risk of the seats falling forward in a crash. Tesla said on Thursday a small number of cables in the second row fold-fla...

Big-three consumer credit bureau Equifax says it has removed third-party code from its credit report assistance Web site that prompted visitors to download spyware disguised as an update for Adobe’s Flash Player software. Image: Randy-abrams.blogspot.com On Wednesday, security e...

Big-three consumer credit bureau Equifax says it has removed third-party code from its credit report assistance Web site that prompted visitors to download spyware disguised as an update for Adobe’s Flash Player software. Image: Randy-abrams.blogspot.com On Wednesday, security e...

(Reuters) - Amazon.com Inc (AMZN.O) said it would hire 120,000 workers in the United States this holiday season, same as last year, joining a list of U.S. retailers cautious about their hiring plans amid an improving job market. Shoppers this year will shell out more on holiday gifting, according to...

NEW YORK (Reuters) - Equifax Inc said on Thursday it has taken one of its customer help website pages offline as its security team looks into reports of another potential cyber breach at the credit reporting company, which recently disclosed a hack that compromised the sensitive information of more ...

Hyatt Corp. is alerting customers about another credit card breach at some hotels, the second major incident with the hospitality chain in as many years. Hyatt said its cyber security team discovered signs of unauthorized access to payment card information from cards manually entered ...

Hyatt Corp. is alerting customers about another credit card breach at some hotels, the second major incident with the hospitality chain in as many years. Hyatt said its cyber security team discovered signs of unauthorized access to payment card information from cards manually entered ...

NEW YORK (Reuters) - Equifax Inc said on Thursday it has taken one of its customer help web pages offline as its security team looks into reports of another potential cyber breach at the credit reporting company, which recently disclosed a hack that compromised the sensitive information of 145.5 mil...

NEW YORK (Reuters) - Equifax Inc has taken one of its web pages offline as its security team looks into reports of another potential cyber breach, the credit reporting company, which recently disclosed a hack that compromised the sensitive information of 145.5 million people, said on Thursday. The m...

WASHINGTON (Reuters) - Facebook Inc (FB.O) Chief Operating Officer Sheryl Sandberg said on Thursday the company was fully committed to helping U.S. congressional investigators publicly release Russia-backed political ads that ran during the 2016 U.S. election. “Things happened on our platform ...

LONDON (Reuters) - Bitcoin smashed through the $5,000 barrier for the first time on Thursday, jumping as much as 8 percent on the day as investors shrugged off the latest warnings on the risks of buying into the booming cryptocurrency market. Bitcoin, the biggest and best-known cryptocurrency, has c...

NEW YORK (Reuters) - AT&T Inc’s third-quarter video losses sent pay-TV industry shares down on Thursday after Wall Street analysts raised concerns about the continued threat of consumers cancelling their cable and satellite television subscriptions. The No. 2 U.S. wireless carrier, which o...

(Reuters) - Amazon.com Inc (AMZN.O) said it would hire 120,000 workers in the United States this holiday season, same as last year, as the online behemoth prepares for the holiday shopping frenzy. Shoppers this year will shell out more on gifts during the holidays, according to industry surveys, as ...

DUBLIN (Reuters) - Apple may proceed to build a 850 million euro ($1 billion) data center in Ireland, the High Court ruled on Thursday, bringing relief for the government after a two-year planning delay which it feared could hurt its reputation with investors. Apple in February 2015 announced plans ...

DUBLIN (Reuters) - Ireland’s High Court on Thursday ruled that a 850 million euro ($1 billion) data center planned by Apple in the west of Ireland may proceed, dismissing an environmental challenge made by three people. Apple announced plans to build the data center in 2015, but the project ha...

SEOUL (Reuters) - The heir to South Korea’s Samsung Group, convicted of bribing the country’s former president, appeared in a packed court on Thursday for the first day of arguments in the appeal of his five-year jail term for corruption. The 49-year-old Jay Y. Lee was convicted by a low...

LONDON (Reuters) - The World Economic Forum is bringing insurers, tech firms and governments together to find ways to tackle risks from new technology such as drones and driverless cars, it said on Thursday. Tech firms have moved fast to develop new products, but assigning liability - who is respons...

LONDON (Reuters) - London Mayor Sadiq Khan said on Thursday that the city’s transport regulator will defend its decision in court not to renew Uber’s license to operate in the British capital. Uber has until Friday to submit its appeal and can continue to operate until the appeal process...

BERLIN (Reuters) - Deutsche Telekom debuted its first ultra high-speed next generation mobile antennas on Thursday, which Europe’s biggest telecoms provider said showed it was ready for a global launch of the technology by 2020. Telekom said it was the first use of the technology in a real wor...

SAN FRANCISCO(Reuters) - Alphabet Inc’s Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc as conditions for settling its high-profile trade secret lawsuit against the ride-services company, sources familiar with the proposal told Reuters. The Waymo sel...