WASHINGTON (Reuters) - Russian government-backed hackers stole highly classified U.S. cyber secrets in 2015 from the National Security Agency after a contractor put information on his home computer, the Wall Street Journal reported on Thursday, citing unnamed sources. The theft included information ...

NEW YORK (Reuters) - A Seattle-area startup, backed by the venture capital arms of Boeing Co (BA.N) and JetBlue Airways Corp (JBLU.O) announced plans on Thursday to bring a small hybrid-electric commuter aircraft to market by 2022. The small airliner is the first of several planes planned by Zunum A...

DETROIT (Reuters) - The United Auto Workers is talking with Ford Motor Co (F.N) about ways to avoid layoffs as the No. 2 U.S. automaker builds more electric vehicles, a senior union official told Reuters on Thursday. Ford told investors Tuesday it planned to slash $14 billion in costs over the next ...

WASHINGTON (Reuters) - Russian government-backed hackers in 2015 stole U.S. secrets on how to penetrate foreign computer networks and protect against cyberattacks after a National Security Agency contractor put highly classified information on his home computer, The Wall Street Journal reported on T...

TORONTO (Reuters) - Shopify Inc (SHOP.TO) (SHOP.N) defended its business model on Thursday, a day after short-seller Citron Research criticized the internet-commerce software provider’s marketing practices, wiping about $1.5 billion off its market value. “We vigorously defend our busines...

SAN FRANCISCO (Reuters) - When data center operator Switch Inc goes public on Friday it will be the latest tech firm using special shares to limit the rights of minority investors, making it ineligible for inclusion in the S&P 500 under new rules meant to deter such practices. The Las Vegas comp...

(Reuters) - Netflix Inc’s U.S. business (NFLX.O) announced the first rises in monthly fees in two years on Thursday, hiking costs for two of its three main subscription plans as it spends heavily on its own original content. The company's mid-range plan, which allows streaming on two devices a...

(Reuters) - Shares of United Parcel Service Inc and FedEx Corp fell on Thursday after a report that Amazon.com Inc was testing its own delivery service, potentially encroaching on the territory of the package delivery companies. Amazon will oversee pickup of packages from warehouses of third-party m...

(Reuters) - Netflix Inc (NFLX.O) has raised the monthly subscription fees for two out of its three main U.S. plans by $1 and $2 respectively, according to details published on the company’s subscription page on Thursday. The company's midrange plan, which allows streaming on two devices at the...

LUXEMBOURG (Reuters) - Luxembourg will ask online retailer Amazon to set aside the 250 million euros ($293 million) the European Commission has ordered the company to repay in taxes while the parties consider whether or not to appeal. On Wednesday, the Commission took Ireland to court over its failu...

LONDON (Reuters) - Taxify, an upstart European rival to Uber [UBER.UL], said on Thursday it had begun offering services in Paris despite regulatory uncertainty governing the status of private-hire cab companies that compete with licensed taxis. The Estonia-based company, which is backed by Chinese r...

FRANKFURT (Reuters) - Germany’s Dialog Semiconductor is to acquire California-based Silego Technology Inc for up to $306 million, helping to strengthen its position in the market for the so-called Internet of Things. Dialog’s business is largely focused on power management chips used in ...

LONDON (Reuters) - London Mayor Sadiq Khan welcomed the humility shown by Uber’s [UBER.UL] Chief Executive Dara Khosrowshahi who met with the city’s transport regulator this week in a bid to overturn a decision stripping the firm of its operating license. Transport for London (TfL) shock...

FRANKFURT (Reuters) - Germany’s Dialog Semiconductor is to acquire California-based Silego Technology Inc for up to $306 million, helping to strengthen its position in the market for the so-called Internet of Things. Silego is a leading maker of configurable mixed-signal integrated circuits, o...

NEW DELHI (Reuters) - The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion, said on Thursday. The department is a part of India’s commerce and indu...

TOKYO (Reuters) - U.S. private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years, to cash in its investment after leading an $18 billion acquisition of the business. Bain, whose consortium signed the purchase de...

TOKYO (Reuters) - U.S. private equity firm Bain Capital LP said on Thursday that it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within a few years. Bain, which led a consortium that signed an $18 billion deal for Toshiba’s prized chip unit last week, also said it ho...

(Reuters) - A bipartisan group of U.S. lawmakers unveiled legislation on Wednesday that would overhaul aspects of the National Security Agency’s warrantless internet surveillance program in an effort to install additional privacy protections. The bill, which will be formally introduced as soon...

(Reuters) - Verizon Communications Inc (VZ.N) on Wednesday said Marni Walden, executive vice president and president of global media, will leave the company in February 2018. Walden, the company’s top-ranking female executive, played a big role in Verizon’s acquisition of Yahoo and its m...

(Reuters) - U.S. fast-food chain operator Sonic Corp (SONC.O) said on Wednesday a malware attack at some of its drive-in outlets may have allowed hackers to access customers’ debit and credit card information, the latest in a string of data breaches. Sonic’s shares fell 2 percent to $24....

(Reuters) - A bipartisan group of U.S. lawmakers unveiled legislation on Wednesday that would overhaul aspects of the National Security Agency’s warrantless internet surveillance program in an effort to install additional privacy protections. The bill, which will be formally introduced as soon...

SAN FRANCISCO (Reuters) - Alphabet Inc’s Google (GOOGL.O) on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it competes with a surge of devices from Apple Inc (AAPL.O) and Amazon...

COPENHAGEN (Reuters) - Insurer Tryg (TRYG.CO) expects 90 percent of its corporate customers to buy cyber crime insurance within five years as the threat from hackers and viruses to crucial data and IT systems grows. Tryg, Denmark’s biggest insurer, has sold 5,000 cyber crime insurance policies...

BRUSSELS (Reuters) - Amazon (AMZN.O) on Wednesday was told to pay about 250 million euros ($294.38 million) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals. The fine was much lower than some sources close to the case had exp...

BRUSSELS (Reuters) - The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc (AAPL.O), a move labeled as “regrettable” by Dublin. The Commission ordered th...

BRUSSELS (Reuters) - The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc (AAPL.O). The Commission ordered the U.S. tech giant in August 2016 to pay the unpaid taxe...

BRUSSELS (Reuters) - The European Union ordered the world’s largest online retailer Amazon (AMZN.O) on Wednesday to pay back about 250 million euros ($294 million) in taxes to Luxembourg, saying it was given an unfair tax advantage from 2003. Joining other U.S. tech giants in the sights of EU ...

ATHENS (Reuters) - A Greek court cleared the way on Wednesday for the extradition to the United States of a Russian, also wanted by Moscow, suspected of laundering billions of dollars in digital currency bitcoin. Alexander Vinnik, the alleged mastermind of a $4 billion bitcoin laundering ring, is on...

NEW YORK (Reuters) - Commerzbank AG, Bank of Montreal, Erste Group Bank AG and CaixaBank SA have joined an initiative launched by UBS Group AG and IBM Corp aimed at building blockchain-based technology to support trade finance transactions. The platform called Batavia would help banks and their clie...

MUMBAI (Reuters) - India has approved smartphones maker Oppo’s request to open single-brand retail stores in the country, paving the way for the Chinese firm to sell directly to consumers and add to its existing wholesale business. The move would help Oppo expand its reach in the world’s...