LONDON (Reuters) - British Prime Minister Theresa May pledged to create new powers allowing her to punish social media and communications companies that fail to look after users' data, and to demand cash from firms to pay for policing the internet.
NY regulator sues U.S. OCC over national charters for online lenders
NEW YORK (Reuters) - New York's banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency over its plan to offer special-purpose charters that would let online lenders and other "fintech" companies do business nationwide, calling the plan "reckless folly."
FedEx reports malware interference in global cyberattack: statement
WASHINGTON (Reuters) - FedEx said on Friday it was experiencing issues with some of its Microsoft Corp Windows systems in relation to a global cyber attack that had disrupted hospitals in England and infected computers in dozens of other countries around the world.
Retailer Brooks Brothers discloses payment card data breach
(Reuters) - U.S. clothing company Brooks Brothers said on Friday payment card information of certain customers were compromised at some of its retail locations in the United States and Puerto Rico over 11 months until March.
Microsoft adds detection, protection against global cyberattack: statement
WASHINGTON (Reuters) - Microsoft said on Friday its engineers had added detection and protection against a ransomware attack that had disrupted hospitals in England and infected computers in dozens of other countries around the world.
English hospitals divert ambulances after 'ransomware' cyber attack
LONDON (Reuters) - Hospitals and doctors' surgeries across England were forced to turn away patients and cancel appointments on Friday after a nationwide 'ransomware' cyber attack crippled some computer systems in the state-run health service.
U.K. Hospitals Hit in Widespread Ransomware Attack
At least 16 hospitals in the United Kingdom are being forced to divert emergency patients today after computer systems there were infected with ransomware, a type of malicious software that encrypts a victim’s documents, images, music and other files unless the victim pays for a key to unlock ...
U.K. Hospitals Hit in Widespread Ransomware Attack
At least 16 hospitals in the United Kingdom are being forced to divert emergency patients today after computer systems there were infected with ransomware, a type of malicious software that encrypts a victim’s documents, images, music and other files unless the victim pays for a key to unlock ...
Broadcom wins conditional EU okay for $5.5 billion Brocade buy
BRUSSELS (Reuters) - Chipmaker Broadcom secured EU antitrust approval on Friday for its $5.5 billion bid for Brocade after pledging to cooperate with competitors and to protect their confidential data.
Portugal Telecom says hit by cyber attack, no impact on services
LISBON (Reuters) - Portugal Telecom was hit on Friday by a cyber attack but no services were impacted, a spokeswoman for the company said.
Spanish companies hit by ransomware cyber attack
MADRID (Reuters) - Spanish companies including Telefonica were hit by a so-called ransomware hack into their computer systems on Friday, with Spain's cyber security body warning of a "massive attack" affecting several firms.
Fiat Chrysler recalling 1.25 million trucks for software error
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said Friday it is recalling more than 1.25 million trucks worldwide to address a software error linked to reports of one crash death and two injuries.
Germany adopts self-driving vehicles law
BERLIN (Reuters) - Germany cleared the way for its giant automotive industry to develop and test self-driving cars, when the upper house of its parliament approved on Friday a law setting out the conditions under which they could take to German roads.
Sprint, SoftBank start early deal talks over T-Mobile: BBG
FRANKFURT (Reuters) - Sprint and its controlling shareholder SoftBank have started preliminary conversations to merge with T-Mobile US, Bloomberg reported on Friday, citing people familiar with the matter.
Thailand gives Facebook until Tuesday to remove 'illegal' content
BANGKOK (Reuters) - Facebook Thailand could face legal action next week after Thai authorities warned Facebook Inc to take down content deemed threatening to national security or violating strict lese majeste laws, the telecoms regulator said on Friday.
Foreign business groups push for delay in controversial China cyber law
BEIJING (Reuters) - Overseas business groups are pushing Chinese regulators to delay the June 1 implementation of a controversial cyber law that mandates strict data surveillance and storage for firms working in China, saying the rules would severely hurt business.
China's sharing app boom floods sidewalks with bicycles
BEIJING (Reuters) - China's renewed love affair with the bicycle is proving a boon for mobile bike-sharing apps but is causing headaches by congesting city sidewalks.
Japan's SoftBank invests $500 million in UK tech start-up Improbable
LONDON (Reuters) - British technology start-up Improbable, which specializes in virtual simulation, has raised $502 million from Japan's SoftBank Group Corp, it said on Friday.
Samsung Electronics creates new contract chip manufacturing division
SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing in a move to strengthen its competitiveness.
Southeast Asia ride-hailing service Grab says open to more acquisitions
PHNOM PENH (Reuters) - Singapore-headquartered Grab is open to further acquisitions after buying an Indonesian online payments startup, one of the co-founders of the Southeast Asia-focused ride hailing service said.
SoftBank says to invest $5 billion in China ride hailing firm Didi Chuxing
TOKYO (Reuters) - SoftBank Group Corp said it had agreed to invest $5 billion, or 550 billion yen, in China's ride-hailing firm Didi Chuxing, the Japanese company said in its earnings statement.
Ban on minors trips up debut by South Korea's Netmarble Games
SEOUL (Reuters) - Netmarble Games Corp stumbled in its market debut on Friday as a regulatory ban on minors playing its mega-hit game spooked some investors who had clamored to buy into the success of the South Korea's largest smartphone games maker.
U.S. judge rejects Uber bid to move Waymo case to arbitration
SAN FRANCISCO (Reuters) - A U.S. judge on Thursday rejected Uber's [UBER.UL] bid to send its high-profile trade secret dispute with Alphabet's self-driving Waymo unit to a private legal forum, a setback for the ride services company.
Uber adds trucking brokerage firm amid long-haul push
SAN FRANCISCO (Reuters) - Uber Technologies Inc hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the long-haul trucking industry.
Bank of France warns of phishing attempts using its name
PARIS (Reuters) - France's central bank on Tuesday said there had been an increase in phishing attempts using its name and logo and email addresses purporting to be Bank of France ones.
U.S. intelligence chiefs say reviewing use of Kaspersky software
WASHINGTON/TORONTO (Reuters) - U.S. intelligence officials told a Congressional committee on Thursday they are reviewing government use of software from Russia's Kaspersky Lab as senators raised concerns that Moscow might use the product to attack American computer networks.
Trump signs cyber security executive order: senior official
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday signed an executive order aimed at strengthening the federal government's cyber security and protecting the nation's critical infrastructure from cyber attacks, a senior administration official told reporters on a call.
Commerce's Ross: China's plans threaten U.S. semiconductor dominance
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross sees the U.S. semiconductor industry as still dominant globally but said he is worried that it will be threatened by China’s planned investment binge to build up its own chipmaking industry.
Twitter, NFL sign multi-year deal for live show
(Reuters) - Twitter Inc said on Thursday it signed a multi-year deal with the U.S. National Football League to live-stream pre-game coverage as well as a 30-minute show on the microblogging website.
Sovereign investors hunt for 'unicorns' in Silicon Valley
LONDON (Reuters) - Sovereign investors are sinking more money into tech start-ups and opening offices in Silicon Valley in the hope of bagging a "unicorn" - the rare private firm that grows in value to over $1 billion.