The Backstory Behind Carder Kingpin Roman Seleznev’s Record 27 Year Prison Sentence

Roman Seleznev, a 32-year-old Russian cybercriminal and prolific credit card thief, was sentenced Friday to 27 years in federal prison. That is a record punishment for hacking violations in the United States and by all accounts one designed to send a message to criminal hackers everywhere. But ...

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will.i.am to mix tech know-how with banking at Britain's Atom

LONDON (Reuters) - Britain's Atom has hired pop star will.i.am as a strategic adviser to its board as the app-based bank seeks to grow.

Microsoft's Nadella banks on LinkedIn data to challenge Salesforce

SAN FRANCISCO (Reuters) - Microsoft Corp is rolling out upgrades to its sales software that integrates data from LinkedIn, an initiative that Microsoft CEO Satya Nadella told Reuters was central to the company's long-term strategy for building specialized business software.

Interpol-led operation finds nearly 9,000 infected servers in Southeast Asia

SINGAPORE (Reuters) - An anti-cybercrime operation by Interpol and investigators from seven southeast Asian nations revealed nearly 9,000 malware-laden servers and hundreds of compromised websites in the ASEAN region, Interpol said on Monday.

EU states push back against 25-year wireless spectrum licenses

(Reuters) - Germany and Italy are among 15 European Union member states pushing back against a proposal to set a 25-year minimum on wireless spectrum licenses, thwarting the telecoms industry's hopes for a more coordinated approach across the bloc.

Nikon files patent case against ASML, Carl Zeiss over lithography tech

People walk past a retailer of Nikon cameras and lenses in central Tokyo, Japan, April 22, 2016. REUTERS/Thomas Peter

Tesla’s big Model 3 bet rides on risky assembly line strategy

Tesla Motors' mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo

German cyber crime rose 80 percent in 2016: report

People wearing balaclavas are silhouetted as they pose with a laptops in front of a screen projected with the word 'cyber crime' and binary code, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic

Apple self-driving car testing plan gives clues to tech program

An Apple logo is seen in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson - RTX32LL4

U.S. Homeland Security probes possible abuse in Twitter summons case

SAN FRANCISCO (Reuters) - The U.S. Homeland Security Department's inspector general said on Friday he was investigating possible abuse of authority in a case that triggered a lawsuit against the department by Twitter Inc .

How Cybercrooks Put the Beatdown on My Beats

Last month Yours Truly got snookered by a too-good-to-be-true online scam in which some dirtball hijacked an Amazon merchant’s account and used it to pimp steeply discounted electronics that he never intended to sell. Amazon refunded my money, and the legitimate seller never did figure out how...

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How Cybercrooks Put the Beatdown on My Beats

Last month Yours Truly got snookered by a too-good-to-be-true online scam in which some dirtball hijacked an Amazon merchant’s account and used it to pimp steeply discounted electronics that he never intended to sell. Amazon refunded my money, and the legitimate seller never did figure out how...

Continue reading

KKR, INCJ plan joint bid for Toshiba's chip unit: Nikkei

(Reuters) - U.S. private equity firm KKR & Co LP and Japanese government-backed fund, Innovation Network Corp of Japan (INCJ), will submit a joint offer for Toshiba Corp's memory chip unit, the Nikkei business daily reported on Friday.

New global fund to raise $300 million for digital currency investments

NEW YORK (Reuters) - Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless transactions.

Indian techies, IT firms fret as Trump orders U.S. visa review

MUMBAI (Reuters) - For Grishma, an Indian software designer, President Donald Trump's review of the visa programme for bringing highly skilled workers into the United States comes at a bad time.

Singapore researchers turn water into 'virtual lemonade' but is it tart enough?

SINGAPORE (Reuters) - It looks like lemonade, tastes like lemonade, but it's simply water.

China Mobile, others approached for buying into Singapore telco M1: sources

People shop for handsets at an M1 mobile shop in Singapore March 21, 2017. REUTERS/Edgar Su

Tencent executive expects WeChat Pay in every shop in China within two years

HONG KONG (Reuters) - An executive at Tencent Holdings Ltd, China's biggest social media and online entertainment company, said on Friday he expects its mobile messaging app WeChat to provide electronic payment services in every Chinese shop within two years.

Netmarble Games raises $2.3 billion in South Korea's second-biggest IPO

SEOUL (Reuters) - Netmarble Games Corp, South Korea's largest mobile games maker, has raised $2.3 billion in the country's second-biggest share sale, just weeks after one of its domestic-only titles sold so well it was named the world's best-selling mobile game.

Sony lifts annual profit estimate on lower amortization costs

TOKYO (Reuters) - Japan's Sony Corp raised its operating profit estimate for the year ended March 31 thanks to lower amortization costs for its financial services segment.

TCL says U.S. protectionism No. 1 barrier to Chinese firms going global

HONG KONG (Reuters) - Chinese electronics giant TCL Group said on Friday U.S. protectionism is the biggest hurdle to Chinese firms going global, and it had been told that a pending acquisition by the company of a United States technology firm may not be approved.

Uber extends sexual harassment probe; expects report by end-May

(Reuters) - Uber Technologies Inc said it has extended its internal investigation into sexual harassment claims in its own organization, and a report is expected by the end of May.

Elon Musk on mission to link human brains with computers in four years: report

(Reuters) - Tesla Inc founder and Chief Executive Elon Musk said his latest company Neuralink Corp is working to link the human brain with a machine interface by creating micron-sized devices.

Japan's trade minister says INCJ could invest in Toshiba chip unit if it made sense

TOKYO (Reuters) - Japanese government-backed fund, the Innovation Network Corporation of Japan (INCJ), can invest in Toshiba Corp's chip unit if it makes sense, the country's industry and trade minister said on Thursday.

Intelsat to extend debt exchange on OneWeb deal for weeks: sources

SAN FRANCISCO/NEW YORK (Reuters) - Intelsat SA is planning to extend the deadline for investors to swap their bonds in the company for several weeks, seeking to keep its merger with U.S. satellite technology peer OneWeb Ltd alive, according to people familiar with the matter.

Canada's telecom regulator rules online data be treated equally

TORONTO (Reuters) - Canada's telecom and broadcast regulator ruled on Thursday that all data delivered online should be treated equally by internet service providers, a blow to large companies seeking to leverage either their own or other companies' content to win customers.

Canadian clean tech companies struggle despite Ottawa's green goals -report

TORONTO (Reuters) - Canadian clean technology companies are struggling to stay afloat and falling behind global peers even as Ottawa promises to boost the sector and move the country toward a low carbon future, a report released on Thursday showed.

Flying car costing more than $1 million goes on show in Monaco

MONACO (Reuters) - A Slovakia-based company unveiled the commercial design for a flying car priced at more than $1 million on Thursday, saying it was ready for pre-orders with first deliveries expected by 2020.

Germany's Lilium says successfully tests 'flying taxi' prototype

FRANKFURT (Reuters) - A Bavarian start-up is developing a five-seat "flying taxi" after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday.

Canada's Shopify launches new wireless card reader

(Reuters) - Canadian e-commerce software maker Shopify Inc said on Thursday it had launched a new wireless card reader in the United States.