PARIS (Reuters) - French payments company Worldline has agreed to buy Swedish peer Digital River World Payments as merger activity in the payments sector picks up following this month's takeover of Worldpay. Worldline did not disclose how much it had paid for Digital River World Payments (DRWP), but...

HONG KONG (Reuters) - Ride-sharing company Uber Technologies Inc said on Monday it will suspend operations in the former Portuguese territory of Macau from July 22 as it could "not secure a business environment" to "unlock the full benefits of ride-sharing". Uber, in its official website, said it wa...

DUBAI (Reuters) - Ride-hailing firm Careem, a Middle East rival to Uber Technologies Inc, has bought a minority stake in a three-month-old Egyptian start-up that connects commuters with private buses in Cairo. Dubai-based Careem invested $500,000 in Swvl and Chief Experience Officer and Co-Founder M...

(Reuters) - A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd's of London said in a report on Monday. The report, co-written with risk-modeling firm Cyence, examin...

Last month KrebsOnSecurity published research into a large distributed network of apparently compromised systems being used to relay huge blasts of junk email promoting “online dating” programs — affiliate-driven schemes traditionally overrun with automated accounts posing as women...

Last month KrebsOnSecurity published research into a large distributed network of apparently compromised systems being used to relay huge blasts of junk email promoting “online dating” programs — affiliate-driven schemes traditionally overrun with automated accounts posing as women...

LONDON/FRANKFURT (Reuters) - Buyout group Carlyle has agreed to buy airfield lighting group ADB Safegate at a valuation of about 900 million euros ($1 billion) including debt, sources familiar with the matter said. Belgium-based ADB Safegate supplies visual guidance solutions from landing to parking...

ROME (Reuters) - A spat between Rome and Telecom Italia's (TIM) chief executive over the rollout of ultrafast broadband has been resolved, Italian industry minister Carlo Calenda said in an interview published on Saturday. The row had threatened to poison relations between the former state monopoly ...

SYDNEY (Reuters) - General Motors Co (GM.N) said on Saturday it was testing its car-sharing operation, Maven, in Australia through a pilot program with ride-hailing company Uber Technologies Inc [UBER.UL]. The leasing agreement will allow Uber drivers to rent cars produced by GM's Australian manufac...

(Reuters) - The owner of the Ashley Madison adultery website said on Friday it has agreed to pay $11.2 million to settle U.S. litigation over a 2015 data breach that exposed personal details of millions of users. Ruby Life Inc, formerly known as Avid Dating Life Inc, denied wrongdoing in agreeing to...

(Reuters) - Sprint Corp's chairman, Masayoshi Son, has engaged in talks with Berkshire Hathaway Inc's Warren Buffett and media mogul John Malone to discuss a potential investment in the U.S. wireless company, the Wall Street Journal reported on Friday. Son met Buffett and Malone, the chairman of Lib...

WASHINGTON (Reuters) - U.S. Representative David Cicilline, the top Democrat on the House of Representatives Judiciary Committee's antitrust panel, has urged the subcommittee to hold a hearing on Amazon.com Inc's (AMZN.O) plan to buy Whole Foods Market Inc (WFM.O). The $13.7 billion deal announced i...

(Reuters) - Grab, Uber Technologies Inc's [UBER.UL] biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan's SoftBank Group (9984.T) and China's top ride-hailing firm Didi Chuxing, the Wall Street Journal reported on Friday. The deal, which could close in the ne...

NEW YORK (Reuters) - Sprint Corp said on Friday that it was launching new leasing options aimed at price-sensitive customers who want to upgrade their phones more often, the carrier’s latest effort to lure subscribers in an oversaturated market for wireless service.   The No. 4 U.S. wirel...

(Reuters) - AT&T Inc (T.N) is planning a redefined role for Chief Executive Randall Stephenson amid major organizational changes following its $85.4 billion acquisition of Time Warner Inc (TWX.N), Bloomberg reported. Stephenson will become executive chairman, overseeing a pair of chief executive...

(Reuters) - Eugene Kaspersky, the CEO of the Russian cybersecurity software firm that bears his name, had a big American dream. He wanted his company to go beyond selling anti-virus software to consumers and small businesses and become a major vendor to the U.S. government - one of the world's bigge...

SYDNEY (Reuters) - Australia on Friday proposed new laws to compel companies such as U.S. social media giant Facebook (FB.O) and device manufacturer Apple (AAPL.O) to provide security agencies access to encrypted messages. The measures will be the first in an expected wave of global legislation as p...

(Reuters) - Engineers will soon conduct a crucial test of a futuristic technology championed by entrepreneur Elon Musk that seeks to revolutionize transportation by sending passengers and cargo packed into pods through an intercity system of vacuum tubes. Hyperloop One, the Los-Angeles-based company...

WASHINGTON (Reuters) - Seven consumer advocacy groups wrote to Attorney General Jeff Sessions on Thursday to ask him to consider blocking AT&T's plan to buy Time Warner on the grounds that it will lead to higher prices and slow innovation in showing video online. Common Cause, Consumer Federatio...

FRANKFURT (Reuters) - SoundCloud, the world's biggest music-streaming service, is still struggling to find a business model - it now has just enough cash to last until fourth quarter, after laying off 40 percent of its staff, a representative said on Thursday. The Berlin-based start-up is different ...

NEW YORK (Reuters) - Options traders were placing bets this week that shares of Snap Inc (SNAP.N) were primed for a rebound after slipping below their initial public offering price of $17. Shares of the Snapchat parent have slumped since a red-hot March IPO, falling below their initial sale price on...

WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Thursday approved allocating a larger consolidated block of spectrum for use by motor vehicle and aircraft radar systems to help avoid crashes. The FCC first approved 1 GHz of spectrum in 1995 for motor vehicles to use radar that a...

A greater number of ATM skimming incidents now involve so-called “insert skimmers,” wafer-thin fraud devices made to fit snugly and invisibly inside a cash machine’s card acceptance slot. New evidence suggests that at least some of these insert skimmers — which record card da...

A greater number of ATM skimming incidents now involve so-called “insert skimmers,” wafer-thin fraud devices made to fit snugly and invisibly inside a cash machine’s card acceptance slot. New evidence suggests that at least some of these insert skimmers — which record card da...

NEW YORK (Reuters) - Middle market private equity firm EagleTree Capital is in advanced discussions to acquire Corsair Components, a U.S. manufacturer of computer peripherals and hardware geared toward the professional gaming market, for more than $500 million, two sources familiar with the matter s...

KABUL (Reuters) - A team of Afghan girls are on their way to compete in an academic robotics competition in the United States after American officials agreed to allow them to enter the country despite initially denying them visas. "We were disappointed, and we were feeling bad, but now we are very h...

FRANKFURT (Reuters) - Global automotive manufacturers have appealed to the Chinese government to soften proposals for electric and hybrid car quotas, a letter seen by Reuters showed. The letter is a joint protest against China's new energy vehicles (NEVs) proposals, which include a goal for hybrid a...

(Reuters) - Traditionally buttoned-up Wall Street bank Goldman Sachs Group Inc (GS.N) has relaxed the dress code for its computer engineers in a bid to attract tech talent with a more casual environment. The fifth-largest U.S. bank by assets told employees in its technology division to "exercise jud...

PARIS (Reuters) - The French government said on Thursday it would appeal against a court ruling in Google's favour with regard to 1.1 billion euros ($1.25 billion) in tax. "We will appeal this judgment in defence of the interests of the state," budget minister Gerald Darmanin said in answer to a par...

FRANKFURT (Reuters) - The world's four biggest automotive industry associations have written to China's government to demand it change its plans for strict sales quotas for electrically powered vehicles, German weekly magazine WirtschaftsWoche reported, citing the letter. The associations, based in ...