Nokia settles patent dispute with Apple

HELSINKI (Reuters) - Finland's Nokia said on Tuesday it has settled its patent dispute with Apple and also signed a business collaboration deal with the U.S. company.

Google's AlphaGo takes on Chinese Go master in best of three matches

BEIJING (Reuters) - Google's artificial intelligence program AlphaGo took on the Chinese world number one of ancient board game Go on Tuesday, the second time it has gone head-to-head with a master Go player in a public showdown.

China's LeEco to slash U.S. jobs amid global pull-back: source

TAIPEI (Reuters) - China's embattled LeEco aims to cut its U.S. workforce to as few as 60 people from around 500 earlier this year, as the Netflix-to-Tesla-like group streamlines global operations to shake off a cash crunch, a person with knowledge of the plan said.

Hong Kong police arrest 21 Uber drivers

HONG KONG (Reuters) - Hong Kong police on Tuesday arrested 21 Uber drivers for illegal car-hiring as part of an ongoing clamp down against Uber Technologies Inc's [UBER.UL] operations in the Asian financial city.

TransferWise offers foreign currency business accounts, debit cards

NEW YORK (Reuters) - London-based startup TransferWise has launched a new service in the UK and Europe that will make it easier for small businesses to keep money and get paid in more than 15 currencies, as the company branches beyond its core money transfer business.

Indian digital payments firm Paytm launches niche payments bank

MUMBAI (Reuters) - Indian digital payments firm Paytm launched a niche payments bank on Tuesday, aiming to acquire 500 million customers in the next three years, the company said in a statement.

Symantec says 'highly likely' North Korean hacking group behind ransomware attacks

WASHINGTON (Reuters) - Cyber security firm Symantec said on Monday it was "highly likely" a hacking group affiliated with North Korea was responsible for the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted operations at hospitals, banks and schools ...

Continue reading

Take-Two pushes 'Red Dead' launch to next year, shares sink

(Reuters) - Rockstar Games, the videogame studio owned by Take-Two Interactive Software Inc, said on Monday the launch of its highly-awaited Western action-adventure videogame, "Red Dead Redemption 2", would be pushed to spring next year.

Should SaaS Companies Publish Customers Lists?

A few weeks back, HR and financial management firm Workday.com sent a security advisory to customers warning that crooks were sending targeted malware phishing attacks at customers. At the same time, Workday is publishing on its site a list of more than 800 companies that use its services,...

Continue reading

Should SaaS Companies Publish Customers Lists?

A few weeks back, HR and financial management firm Workday.com sent a security advisory to customers warning that crooks were sending targeted malware phishing attacks at customers. At the same time, Workday is publishing on its site a list of more than 800 companies that use its services,...

Continue reading

Private Eye Allegedly Used Leaky Goverment Tool in Bid to Find Tax Data on Trump

In March 2017, KrebsOnSecurity warned that thieves who perpetrate tax refund fraud with the U.S. Internal Revenue Service were leveraging a widely-used online student loan tool to find critical data on consumers that allows them to claim huge refunds with the IRS in someone else’s name. T...

Continue reading

Private Eye Allegedly Used Leaky Goverment Tool in Bid to Find Tax Data on Trump

In March 2017, KrebsOnSecurity warned that thieves who perpetrate tax refund fraud with the U.S. Internal Revenue Service were leveraging a widely-used online student loan tool to find critical data on consumers that allows them to claim huge refunds with the IRS in someone else’s name. T...

Continue reading

Glencore predicts OPEC insulated from electric vehicle impact

ZUG, Switzerland (Reuters) - OPEC nations that deliver some of the lowest cost production will be relatively insulated from an early peak in oil demand caused by any faster-than-expected roll-out of electric vehicles, Glencore's chairman said on Monday.

U.N.'s North Korea sanctions monitors hit by 'sustained' cyber attack

UNITED NATIONS (Reuters) - United Nations experts investigating violations of sanctions on North Korea have suffered a "sustained" cyber attack by unknown hackers with "very detailed insight" into their work, according to an email warning seen by Reuters on Monday.

Toyota, tech firms explore blockchain for driverless cars

NEW YORK (Reuters) - Toyota Research Institute, a wholly owned unit of Toyota Motor North America, said on Monday it has teamed up with MIT Media lab and five other companies to explore blockchain technology for the development of driverless cars.

Ukrainian hacker gets prison in U.S. insider trading case

(Reuters) - A Ukrainian computer hacker was sentenced on Monday to 2-1/2 years in prison over his role in a global scheme to conduct insider trading based on stolen, yet-to-be-published corporate news releases, U.S. prosecutors said.

Indian automakers say proposed tax could make hybrids unviable

NEW DELHI (Reuters) - Indian automakers will this week urge the government to lower a proposed sales tax on hybrid vehicles, as they fear the planned rate could make development of the technology unviable, industry sources and executives told Reuters on Monday.

Italy offers multinationals voluntary "webtax" to avoid wrangles

ROME (Reuters) - Italy sought to boost revenue from multinational internet companies on Monday by offering them the chance to agree on their future tax bills rather than risk disputes.

Germany must invest to keep up in electric cars: Merkel

KAMENZ, Germany (Reuters) - Germany and its auto industry must invest heavily to ensure it is not left behind by the shift to electric cars, Chancellor Angela Merkel said on Monday as she laid a foundation stone for a new battery factory for Daimler unit Accumotive.

U.S. top court tightens patent suit rules in blow to 'patent trolls'

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent "trolls" to launch sometimes dodgy patent cases in friendly courts, a major irritant for high-tech giants like Apple and Alphabet ...

Continue reading

EU to conclude Google antitrust cases in next few months

OXFORD, England (Reuters) - EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead to a hefty fine.

Chinese regulator approves VW-JAC Motor electric car venture

BEIJING (Reuters) - Germany's Volkswagen AG and Anhui Jianghuai Automobile Group (JAC Motor) have received approval from Chinese regulators to form a joint venture to make electric vehicles, the two automakers said on Monday.

Rovio Entertainment sets date for Angry Birds movie sequel

HELSINKI (Reuters) - Finnish mobile games and animation studio Rovio Entertainment has decided to proceed with its plans to produce a sequel to its Angry Birds movie, it said on Monday, aiming for release in September 2019.

Exclusive: Hackers hit Russian bank customers, planned international cyber raids

MOSCOW (Reuters) - Russian cyber criminals used malware planted on Android mobile devices to steal from domestic bank customers and were planning to target European lenders before their arrest, investigators and sources with knowledge of the case told Reuters.

Bitcoin options exchange raises $11.4 million in funding

NEW YORK (Reuters) - Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday it closed $11.4 million in funding led by Miami International Holdings Inc and China's Huiyin Blockchain Venture Investments.

Samsung Electronics says will continue looking for M&A opportunities

(Reuters) - Tech giant Samsung Electronics Co Ltd will continue looking for acquisition opportunities, a company executive said on Monday, as the firm seeks to build software and services to further differentiate its products.

Facebook leaked documents show types of content it allows: Guardian

(Reuters) - Leaked Facebook Inc documents show how the social media company moderates issues such as hate speech, terrorism, pornography and self-harm on its platform, the Guardian reported, citing internal guidelines seen by the newspaper.

Texas lawmakers clear way for Uber, Lyft return to major cities

AUSTIN, Texas (Reuters) - Texas governor Greg Abbott will sign in the next few days a bill that would shield ride-hailing firms Uber and Lyft from bruising battles over fingerprint background checks that led them to leave some of the state's most important markets.

Jia Yueting steps down as CEO of troubled Leshi, remains chairman

BEIJING (Reuters) - Jia Yueting will step down as chief executive of Leshi Internet Information & Technology Corp Beijing but will retain his position as chairman, with the company's finance chief also to be replaced, according to a stock exchange filing on Sunday.

Exclusive: North Korea's Unit 180, the cyber warfare cell that worries the West

SEOUL (Reuters) - North Korea's main spy agency has a special cell called Unit 180 that is likely to have launched some of its most daring and successful cyber attacks, according to defectors, officials and internet security experts.