Video streaming device maker Roku files for IPO

(Reuters) - Video streaming device maker Roku Inc filed for an initial public offering on Friday, as the company looks to cash in on the booming demand for such services. The Los Gatos, California-based company said it applied to list its Class A common stock on the Nasdaq under the ticker symbol &l...

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More than four million Time Warner Cable records exposed in leak

(Reuters) - More than four million records of users of Time Warner Cable’s MyTWC app were found unsecured on an Amazon server last month, digital security research center Kromtech Security Center said in a blog post on Friday. The files — more than 600 gigabytes in size containing sensit...

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Records of four million Time Warner Cable customers left unsecured: Gizmodo

(Reuters) - About four million Time Warner Cable records containing details of its customers were found unsecured on an Amazon server last month, tech website Gizmodo reported on Friday. The files, more than 600 gigabytes in size, were discovered on Aug. 24 without a password by researchers of Kromt...

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'La La Land''s Chazelle partners with Netflix for Paris TV musical

LOS ANGELES (Reuters) - Damien Chazelle, the Oscar-winning director of hit movie “La La Land,” has another musical in the works, this time a multilingual television series set in Paris. Streaming company Netflix (NFLX.O) said on Friday it was teaming up with Chazelle on “The Eddy,&...

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Thyssenkrupp steps up 3D printing operations

MUELHEIM AN DER RUHR, Germany (Reuters) - Thyssenkrupp (TKAG.DE) opened a 3D printing center in the industrial heartland of western Germany on Friday as part of its efforts to tap into an expanding market. Thyssenkrupp has invested upwards of a million euros in the center, which operates two 3D prin...

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Microsoft pushes AR/VR features with October Windows 10 update

BERLIN (Reuters) - Microsoft is set to update its flagship operating system to enable the latest generation of Windows 10 hardware devices and software to tap augmented and virtual reality, among a range of new features, executives said on Friday. The major software upgrade, its fourth update, will ...

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Just smile: In KFC China store, diners have new way to pay

SHANGHAI (Reuters) - Diners at a KFC store in the eastern Chinese city of Hangzhou will have a new way to pay for their meal. Just smile. Customers will be able to use a “Smile to Pay” facial recognition system at the tech-heavy, health-focused concept store, part of a drive by Yum China...

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Western Digital CEO apologized to Toshiba for friction over chip unit sale

TOKYO (Reuters) - Western Digital Corp’s (WDC.O) CEO apologized to his counterpart at Toshiba Corp (6502.T) for strained ties after the U.S. firm sued to keep their chip joint venture from being sold to rival bidders, according to an Aug. 11 letter. The embattled Japanese conglomerate has put ...

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Western Digital CEO apologizes to Toshiba for friction over chip unit sale

TOKYO (Reuters) - The head of Western Digital Corp (WDC.O) apologized to Toshiba Corp’s (6502.T) CEO for strained ties after it sued the Japanese company to keep their memory chip joint venture from being sold to rival bidders, according to a letter dated Aug. 11. “I understand that the ...

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Hewlett Packard Enterprise to complete software spin-off

SAN FRANCISCO (Reuters) - Hewlett Packard Enterprise Co (HPE.N) completed the spin-off of much of its software business early on Friday, closing the door on the disastrous 2011 acquisition of British firm Autonomy and narrowing the company’s focus to data center hardware and software. The ente...

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Britain faces huge costs to avoid power shortages with electric car plan

LONDON (Reuters) - Britain must plough billions of pounds into new power plants, grid networks and electric vehicle charging points if it is to avoid local power shortages when a planned ban on new diesel and petrol cars begins. Supporting millions more battery-powered vehicles over the next two dec...

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U.S. labor board files complaint against Tesla over worker rights

(Reuters) - The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc (TSLA.O), saying it found merit to workers' complaints about unfair labor practices. According to the National Labor Relations Board complaint, Tesla violated workers' right...

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U.S. labor board files complaint against Tesla over worker rights

(Reuters) - The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc (TSLA.O), saying it found merit to workers’ complaints about unfair labor practices. According to the National Labor Relations Board complaint, Tesla violated workers&...

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Samsung secures self-driving car permit in California

(Reuters) - Samsung Electronics Co Ltd (005930.KS) said on Thursday it has received a permit to test self-driving vehicles in California, marking the entry of the world’s largest smart phone maker four months after iPhone maker and arch rival Apple Inc (AAPL.O) received a permit. Its parent co...

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Hellman & Friedman leads race for $5 billion Nets deal: Financial Times

(Reuters) - U.S. private equity firm Hellman & Friedman is the frontrunner in the race to acquire Nets, Scandinavia's largest payments processor, the Financial Times reported, citing people close to the discussions. The deal is expected to value Nets at more than 31.3 billion Danish crowns ($5.0...

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Samsung secures self-driving car permit in California

(Reuters) - Samsung Electronics Co Ltd said on Thursday it has received a permit to test self-driving vehicles in California, marking the entry of the world's largest smart phone maker four months after iPhone maker and arch rival Apple Inc received a permit. Its parent company in May secured permis...

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Yahoo must face litigation by data breach victims: U.S. judge

(Reuters) - A U.S. judge said Yahoo must face nationwide litigation brought on behalf of well over 1 billion users who said their personal information was compromised in three massive data breaches. Wednesday night’s decision from U.S. District Judge Lucy Koh in San Jose, California, was a set...

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Vivendi confirms outlook as Q2 shows Canal Plus improving

PARIS (Reuters) - French media group Vivendi (VIV.PA) reported better than expected core profit growth for the second quarter on Thursday and confirmed its outlook for the full year, saying its struggling Canal+ pay TV arm was showing signs of improvement. Earnings before interest, tax and amortizat...

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Facebook's Watch goes up against YouTube for ad dollars

(Reuters) - Facebook Inc launched its Watch video service to U.S. users on Thursday with plans to allow people to submit shows, as the No. 1 social media network vies with Alphabet Inc’s YouTube for advertising revenue. Advertisers are shifting more of their budgets from television to online a...

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Yahoo must face litigation by data breach victims: U.S. judge

(Reuters) - A U.S. judge said Yahoo must face nationwide litigation brought on behalf of well over 1 billion users who said their personal information was compromised in three massive data breaches. Wednesday night's decision from U.S. District Judge Lucy Koh in San Jose, California, was a setback f...

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Lyft expands ride-sharing service to 32 more states

(Reuters) - U.S.-based ride services company Lyft Inc said on Thursday it unveiled availability to an additional 32 states, as it looks to take market share from its main rival Uber. Lyft, the No. 2 ride-sharing service by volume after Uber Technologies Inc [UBER.UL], will now offer rides in 40 stat...

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Taiwan startup develops laser engraver for general users

TAIPEI (Reuters) - Muherz, a Taiwan-based start-up, is aiming to bring laser engraving to the masses with its Kickstarter-funded device Cubiio. Built in the shape of a cube, Cubiio can be used to engrave images saved on a memory card onto leather, paper, wood, and even food. Hung Shao-kang, a mechan...

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Time Inc shifts toward video as eyeballs move online

NEW YORK (Reuters) - Time Inc, publisher of magazines including People and Sports Illustrated, is turning to the internet to distribute its growing cache of video material and television shows, part of a plan to counter fast-declining print advertising revenue. The move shows that even the largest t...

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Facebook Watch steps up competition with YouTube for ad dollars

(Reuters) - Facebook Inc launched its Watch video service to all users on Thursday with plans to allow anyone to submit shows, as the No. 1 social media network takes on Alphabet Inc's rival YouTube to boost advertising revenue. The move comes as advertisers are increasingly shifting budgets from te...

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Toshiba misses target date for chip unit sale, increasing business risks

TOKYO (Reuters) - Toshiba Corp (6502.T) failed to seal a deal to sell its prized chip business by an internal deadline of Thursday, raising doubts about whether it can plug a balance sheet hole in time to avoid a delisting and keep the unit competitive. The embattled Japanese conglomerate said in a ...

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Magna pitches new self-driving vehicle system

DETROIT (Reuters) - Auto supplier Magna International Inc on Thursday said it is developing a system automakers can use to enable vehicles to drive themselves without requiring bulky rooftop sensors or other compromises to vehicle styling. Magna is one of several major automotive technology supplier...

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LG packs image, audio features into new flagship phone

BERLIN (Reuters) - LG Electronics on Thursday introduced a slimmer version of its top-of-the-line phone, with advanced new camera and voice-activation features aimed at active video users, which it hopes can help it claw back market share lost to rivals. The LG V30 offers a 6-inch screen that is sho...

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Chinese cyber spies broaden attacks in Vietnam, security firm says

(Reuters) - Cyber spies working for or on behalf of China's government have broadened attacks against official and corporate targets in Vietnam at a time of raised tension over the South China Sea, cyber security company FireEye said. FireEye told Reuters the attacks happened in recent weeks and it ...

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Coin offerings create financial risks: China industry body

SHANGHAI (Reuters) - Launches of new digital currencies, known as initial coin offerings (ICOs), have shaken up social and economic order, created hidden financial risks, and in some cases may amount to fraud, China's National Internet Finance Association said. ICO investors should be wary and repor...

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Twitter Bots Use Likes, RTs for Intimidation

I awoke this morning to find my account on Twitter (@briankrebs) had attracted almost 12,000 new followers overnight. Then I noticed I’d gained almost as many followers as the number of re-tweets (RTs) earned for a tweet I published on Tuesday. The tweet stated how every time I tweet...

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