SAN FRANCISCO (Reuters) - Hackers broke into British company Piriform’s free software for optimizing computer performance last month potentially allowing them to control the devices of more than two million users, the company and independent researchers said on Monday. The malicious program wa...

LONDON (Reuters) - Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway. The lure of products promising to save on claims in a highly competitive market has le...

NEW DELHI (Reuters) - Alphabet Inc’s Google on Monday launched a localized payments app for India as it tries to gain a foothold in the country’s rapidly-growing digital payments space. India’s crowded digital payments market, expected to grow ten-fold to $500 billion by 2020, rece...

SAN FRANCISCO (Reuters) - Hackers broke into British company Piriform’s free software for optimizing computer performance last month and installed tools that could have allowed them to take control of tens of millions of devices, the company and independent researchers said on Monday. The mali...

HELSINKI (Reuters) - Nokia (NOKIA.HE) will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea’s LG Electronics (066570.KS) for using its smartphone patents. The Finnish company said it would also get a one-off payment, ...

(Reuters) - Software startup Slack Technologies Inc said it raised $250 million from SoftBank Group Corp (9984.T) and other investors in its latest funding round, boosting the company’s valuation to $5.1 billion. The latest fund-raising, led by SoftBank through its giant Vision Fund and joined...

NEW YORK (Reuters) - Snap Inc has been asked by the Saudi Arabia government to remove the Al Jazeera Discover Publisher Channel in that country because it violated local laws, the social media company said on Sunday. “We make an effort to comply with local laws in the countries where we operat...

LONDON (Reuters) - It is too soon to determine whether central banks should issue their own cryptocurrencies, the Bank for International Settlements said on Sunday, as the risks could not yet be fully assessed and the technology underpinning them is still unproven. Central banks already use electron...

FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla (TSLA.O) and Deutsche Post DHL (DPWGn.DE) in putting them on the road, the head of VW’s trucks business told a German newspaper. He said Volksw...

SAN FRANCISCO (Reuters) - Alphabet’s Waymo self-driving car unit said critical new evidence it recently obtained in a trade secret lawsuit against Uber means a U.S. judge should postpone a trial of the case set to begin next month. Waymo claimed in a lawsuit earlier this year that former engin...

LONDON (Reuters) - Online retailer Amazon aims to take the “see now, buy now” model of making clothes seen in catwalk shows quickly available to consumers to a new level, offering one-hour delivery on items shown in a fashion show on Saturday night to customers in London. Former Diesel c...

WASHINGTON (Reuters) - Equifax said on Friday that it made changes in its top management as part of its review of a massive data breach, with two technology and security executives leaving the company “effective immediately.” The credit-monitoring company announced the changes in a press...

BRUSSELS (Reuters) - A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on Monday, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers. Feted as a milestone in ...

SHANGHAI (Reuters) - U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week is detrimental to America’s growth and the global economy, China’s state news agency Xinhua said in a commentary on Saturday. Canyon Bridge Capita...

(Reuters) - Credit score company Equifax Inc’s chief information officer and chief security officer will retire effective immediately, CNBC said on Friday, citing Dow Jones. Equifax, which reported a massive data breach last week, did not immediately respond to requests for comment. Reporting ...

WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Friday she has begun an investigation into Equifax’s (EFX.N) massive data breach, and along with 11 other Democratic senators, introduced a bill to allow consumers to freeze their credit for free. Equifax came under increased pressur...

SAN FRANCISCO (Reuters) - General Motors Co’s self-driving unit, Cruise Automation, is working to open an internal ride-hailing service to people outside the company, aiming to join a small group of autonomous vehicle developers testing their technology with the public. Cruise’s plan for...

(Reuters) - Alphabet Inc’s Google said it had disabled a “majority” of the offensive keywords that BuzzFeed found could be used by advertisers to target people searching for racist and anti-Semitic topics. Google, the world's biggest advertising platform, not only allowed advertise...

NEW YORK (Reuters) - Credit Karma Inc is launching a new free service that will alert customers if their identity data has been compromised in hacks, the San Francisco-based fintech company said on Friday in the wake of massive breach at credit monitoring agency Equifax Inc(EFX.N). The new ID monito...

WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Friday she has begun an investigation into Equifax’s (EFX.N) massive data breach and, along with 11 other Democratic senators, introduced a bill to give consumers the ability to freeze their credit for free. Warren, who has built a r...

NEW YORK (Reuters) - As the U.S. Congress moves quickly to pass the first federal law governing self-driving cars, some state and city officials are pushing back over fears that the measure will limit their ability to regulate vehicle safety at the local level. The debate highlights the challenges o...

TORONTO (Reuters) - Facebook Inc (FB.O) has hired artificial intelligence academic Joelle Pineau to head its new research lab in Montreal, the Silicon Valley social media company said on Friday. Once the exclusive domain of academic researchers, artificial intelligence has grabbed the attention of t...

TORONTO (Reuters) - Facebook Inc (FB.O) plans to open an artificial-intelligence laboratory in Montreal, which will be run by prominent AI researcher Joelle Pineau, two people familiar with the plan said on Friday. The company will invest $7 million to support AI research at academic institutions in...

(Reuters) - Activist investor Praesidium Investment Management on Friday cut its stake in Progress Software Corp and urged the company’s chairman of the board, Jack Egan, to resign. Praesidium, which trimmed its stake to 8.8 percent from 9.05 percent, also urged the company to add five members...

SHANGHAI (Reuters) - Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, signaling a widening crackdown by authorities on the industry to contain financial risks. Exchanges were also told to stop allowing new user re...

FRANKFURT (Reuters) - BMW (BMWG.DE) is reviewing the necessity of car keys, Ian Robertson, the company’s board member responsible for sales told Reuters. The fact that customers now all carry a smartphone and the availability of a BMW App which allows customers to unlock their vehicle, has mad...

SHANGHAI (Reuters) - Chinese authorities have ordered Beijing-based crypto-currency exchanges to cease trading and to tell users by Friday about when trading will end, the Securities Times newspaper reported citing industry sources and a government notice. The newspaper said the Beijing city regulat...

HELSINKI (Reuters) - Finnish mobile games maker Rovio Entertainment Ltd set a price range on Friday for its planned listing that would value the maker of “Angry Birds” at up to $1.1 billion, well below potential values cited in media reports. The company, whose business is recovering aft...

HELSINKI (Reuters) - Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range for its planned IPO which would value the company at around 1 billion dollars. The preliminary price range of 10.25-11.50 euros per share would give Rovio a market value of be...

SHANGHAI (Reuters) - A senior executive at China’s state-backed internet finance body said on Friday “stateless” digital tokens such as bitcoin posed risks as they could be used for illegal actions, and rules are needed to support the development of “legal” digital curr...