WASHINGTON/SAN FRANCISCO (Reuters) - Some of the ads bought by Russians on Facebook last year promoted events during the U.S. presidential campaign, Facebook Inc said on Tuesday, indicating that alleged meddling ahead of the 2016 election went beyond social media. Facebook said in a statement that i...
Apple unveils iPhone X in major product launch
CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Apple Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.” The phone features ...
JPMorgan's Dimon says bitcoin 'is a fraud'
NEW YORK (Reuters) - Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N), said on Tuesday. Speaking at an investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where p...
Slack launches new features for inter-company collaboration
SAN FRANCISCO (Reuters) - Slack Technologies Inc on Tuesday announced support of four new languages and a Shared Channels feature that allows employees of different companies to work together on the popular workplace communication software. Slack is rolling out the product updates as competition mus...
EU web tax plans go beyond French 'quick fix' turnover levy
BRUSSELS (Reuters) - The European Union's plans to raise more tax from major internet companies such as Google and Amazon are more ambitious than the levy on turnover proposed by France, the EU presidency said, warning of the possible drawbacks of "quick fix" solutions.
JPMorgan's Dimon says bitcoin trading 'is a fraud'
NEW YORK (Reuters) - Bitcoin trading "is a fraud" and will blow up, Jamie Dimon, chief executive officer of JPMorgan Chase & Co said on Tuesday.
Apple unveils cellular watch as new iPhone awaited
CUPERTINO, Calif. (Reuters) - Apple Inc rolled out a new version of the Apple Watch on Tuesday, marking the first introduction at the company's biggest product launch in years, which was expected to showcase a completely redesigned top-of-the-line iPhone.
'System safeguards' lacking in Tesla crash on autopilot: NTSB
WASHINGTON (Reuters) - The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomous “Autopilot...
Continental still interested in mapping firm HERE: CEO
FRANKFURT (Reuters) - German automotive supplier Continental is still interested in working with digital mapping firm HERE, Chief Executive Elmar Degenhart said on Tuesday.
Under scrutiny, Kaspersky Lab considers changes to U.S. subsidiary
WASHINGTON (Reuters) - Moscow-based cyber security firm Kaspersky Lab said on Tuesday it is considering making changes to its subsidiary dedicated to selling products to the U.S. government, amid allegations the company may be vulnerable to Russian government influence. The decision comes as the U.S...
AT&T to reinvest more ad sales into content, extends free HBO offer
(Reuters) - AT&T Inc (T.N), which is buying Time Warner Inc (TWX.N), said it plans to reinvest more advertising revenue into content as it goes head-to-head with online streaming services such as Netflix Inc (NFLX.O). AT&T also said it would now offer Time Warner’s premium cable channe...
U.S. senator on Equifax hack: 'Somebody needs to go to jail'
WASHINGTON (Reuters) - A U.S. senator called on Tuesday for a criminal probe of actions taken by executives of credit bureau Equifax(EFX.N) after a massive data breach this summer and said their actions were comparable to insider trading. Senator Heidi Heitkamp, a North Dakota Democrat who sits on t...
Operational limits played key role in Tesla crash on autopilot: NTSB
WASHINGTON (Reuters) - The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomous “Autopilot...
Exclusive: Toshiba favors Bain group for chip sale; Western Digital talks stall - sources
Tokyo (Reuters) - Toshiba Corp (6502.T) now favors a group led by Bain Capital LP and SK Hynix Inc (000660.KS) to buy its prized semiconductor business, as it failed to bridge key gaps with its business partner and rival bidder Western Digital Corp (WDC.O), two people briefed on the matter said on T...
Exclusive: Toshiba now favors Bain group for chip sale; Western Digital talks stall - sources
TOKYO (Reuters) - Toshiba Corp (6502.T) now favors a group led by Bain Capital LP and SK Hynix Inc (000660.KS) as buyer for its prized semiconductor business, as it has failed to bridge key gaps with its business partner and rival bidder Western Digital Corp (WDC.O), two people briefed on the matter...
Valet parking startup Luxe latest casualty of on-demand bust
SAN FRANCISCO (Reuters) - Only a couple of years ago, billions of venture capital dollars were flowing into so-called on-demand businesses that hoped to mimic Uber Technologies Inc and provide a service at the touch of a smartphone app. But the demise last week of valet parking company Luxe, which f...
R3, UK regulator and banks team up on blockchain-based mortgage reporting
NEW YORK (Reuters) - New York-based software company R3 CEV has partnered with Britain’s financial watchdog and two large banks to develop a blockchain-based application to improve the regulatory reporting of mortgage transactions. R3 said on Tuesday that it had developed a prototype of the sy...
Skype co-founder's fund Atomico backs Worlds Adrift games maker
FRANKFURT (Reuters) - British games maker Bossa Studios on Tuesday said it has raised $10 million in a funding round led by European venture capital firm Atomico, ahead of the launch of the company’s pirate-themed multiplayer online title, Worlds Adrift. Bossa founders Henrique Olifiers and Im...
Apple set to unveil anniversary iPhone in major product launch
CUPERTINO, Calif. (Reuters) - A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc (AAPL.O) on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV. ...
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Samsung says Galaxy Note 8 pre-orders highest among Note series
SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday said pre-orders for its Galaxy Note 8 premium smartphone have hit the highest-ever for the Note series, beating its predecessor Note 7 over five days by about 2.5 times. Samsung is banking on the device to protect its market dominance as it com...
Samsung Electronics Galaxy Note 8 pre-orders highest among Note series-exec
SEOUL (Reuters) - Pre-orders for Samsung Electronics Co Ltd’s (005930.KS) latest premium smartphone Galaxy Note 8 are currently the highest among the Note series, the tech giant’s mobile chief said on Tuesday. “Since the August 23 New York unpack, many buyers and partners said the ...
The Equifax Breach: What You Should Know
It remains unclear whether those responsible for stealing Social Security numbers and other data on as many as 143 million Americans from big-three credit bureau Equifax intend to sell this data to identity thieves. But if ever there was a reminder that you — the consumer — are ultimatel...
The Equifax Breach: What You Should Know
It remains unclear whether those responsible for stealing Social Security numbers and other data on as many as 143 million Americans from big-three credit bureau Equifax intend to sell this data to identity thieves. But if ever there was a reminder that you — the consumer — are ultimatel...
Carmakers face electric reality as combustion engine outlook dims
FRANKFURT (Reuters) - European car bosses gathering for the Frankfurt auto show are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine. As the latest such announcement...
U.S. to unveil streamlined autonomous vehicle guidelines Tuesday
WASHINGTON (Reuters) - U.S. Transportation Secretary Elaine Chao will unveil on Tuesday streamlined safety guidelines for automakers that want to deploy self-driving vehicles, a person briefed on the matter said Monday, as members of Congress push their own proposals to remove regulatory barriers to...
Key U.S. senators demand answers on Equifax hacking
WASHINGTON (Reuters) - Two key U.S. senators on Monday asked Equifax Inc (EFX.N) to answer detailed questions about a breach of information affecting up to 143 million Americans, including whether U.S. government agency records were compromised in the hack. Senator Orrin Hatch, who chairs the Financ...
Lawsuits against Equifax pile up after massive data breach
(Reuters) - More than 30 lawsuits have been filed in the United States against Equifax Inc (EFX.N) after the credit reporting company said thieves may have stolen personal information for 143 million Americans in one of the largest hackings ever. At least 25 lawsuits had been filed in federal courts...
Seven stocks to watch during the iPhone launch
SAN FRANCISCO (Reuters) - When Apple Inc unveils new iPhones on Tuesday at its Apple Park “spaceship” campus, there may be important clues for the watchers of seven semiconductor stocks. Apple exerts a sun-like gravitational pull on the global electronics supply chain, affecting the pric...
Exclusive: Key U.S. senators demand answers on Equifax hacking
WASHINGTON (Reuters) - Two key U.S. senators on Monday asked Equifax Inc (EFX.N) to answer detailed questions on the breach of information about up to 143 million Americans’ personal information, including whether U.S. government agency records were compromised in the hack. Senator Orrin Hatch...