Shoney’s Hit By Apparent Credit Card Breach

It’s Friday, which means it’s time for another episode of “Which Restaurant Chain Got Hacked?” Multiple sources in the financial industry say they’ve traced a pattern of fraud on customer cards indicating that the latest victim may be Shoney’s, a 70-year-old resta...

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Italy court lifts block of Uber services in Italy

ROME (Reuters) - A Rome court on Friday suspended a lower court ruling that had blocked the use of smart phone apps for Uber cars in Italy.

Toshiba creditors likely to approve chip unit collateral for $9.2 billion finance: sources

TOKYO (Reuters) - Japan's Toshiba Corp is likely to win creditors' approval for offering its prized memory chip business stake as collateral for new loans and loan commitments worth around 1 trillion yen ($9.2 billion), sources briefed about the matter said on Friday.

Foxconn asks for SoftBank cooperation in bid for Toshiba chip unit: Nikkei

TOKYO (Reuters) - Taiwan's Foxconn has asked for SoftBank Group's cooperation in its bid for Toshiba Corp's prized memory chip unit, the Nikkei business daily reported on Friday.

South Korea police search Samsung Group building after explosives report

SEOUL (Reuters) - South Korean police said on Friday they had sent a response team to a Samsung Group [SAGR.UL] office building in southern Seoul following a report of explosives being planted inside.

Apple considering multi-billion dollar investment in Toshiba chip unit: NHK

TOKYO (Reuters) - Apple Inc is considering investing at least several billion dollars in the chip business put up for sale by Toshiba Corp , public broadcaster NHK reported, citing an unidentified source.

Uber may face $1 million fine over California drunken-driving complaints

LOS ANGELES (Reuters) - Uber's popular ride-sharing network has repeatedly failed to promptly suspend and investigate its California drivers when passengers report them driving drunk, state regulators charged in an enforcement action, recommending $1.13 million in fines.

Toshiba denies report of suspension of chip unit sale process

TOKYO (Reuters) - Toshiba Corp on Friday denied a Bloomberg report that the company had temporarily suspended all meetings and decisions over the sale of its memory chip business to address concerns raised by an industry partner.

Microsoft says U.S. foreign intelligence surveillance requests more than doubled

WASHINGTON (Reuters) - Microsoft Corp said on Thursday it had received at least a thousand surveillance requests from the U.S. government that sought user content for foreign intelligence purposes during the first half of 2016.

Tesla jumps after Elon Musk teases commercial truck, pickup

SAN FRANCISCO (Reuters) - Shares of Tesla jumped nearly 3 percent on Thursday after Chief Executive Elon Musk said the electric car company expects to unveil its planned commercial truck in September.

T-Mobile, Comcast, Dish acquire spectrum in airwaves auction: FCC

NEW YORK (Reuters) - The U.S. Federal Communications Commission said on Thursday that T-Mobile US Inc, Comcast Corp, Dish Network Corp and U.S. Cellular Corp were among the largest buyers of spectrum in an $19.8 billion broadcast airwaves auction.

Exclusive: Company behind bitcoin 'creator' sold to private investors

SINGAPORE/SYDNEY (Reuters) - A company built around the research of Craig Wright, who has claimed to have invented the bitcoin cryptocurrency, has been sold to a private equity firm in a deal the company says is the biggest to date involving bitcoin's underlying blockchain technology.

Snap shares drop following strong growth by Instagram Stories

SAN FRANCISCO (Reuters) - Shares of Snapchat-owner Snap fell 1.2 percent on Thursday after rival Instagram, owned by Facebook, said more than 200 million people a day use its Stories feature, which competes against Snapchat.

Facebook cracks down on 30,000 fake accounts in France

LONDON (Reuters) - Facebook said on Thursday it is taking action against tens of thousands of fake accounts in France as the social network giant seeks to demonstrate it is doing more to halt the spread of spam as well as fake news, hoaxes and misinformation.

Self-driving start-up set to roll out first laser sensors

SAN FRANCISCO (Reuters) - Luminar, a Silicon Valley start-up, is getting ready to manufacture its laser-based sensor for self-driving cars, a key component that would improve vehicle safety, the company said on Thursday.

Uber CEO's iron grip poses challenge in COO search

SAN FRANCISCO (Reuters) - Help Wanted: A chief operating officer to help change a Silicon Valley giant's now-notorious "bro" culture, but who can thrive in a power dynamic that hands the boss overwhelming control.

Elbit's Cyberbit hones military technology for commercial market

RAANANA, Israel (Reuters) - Israeli defense electronics company Elbit Systems forecasts double-digit growth for its Cyberbit business, which is transforming the technology it has long provided for military intelligence to the fast-growing commercial market. Cyberbit took shape after Elbit's $150 mil...

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Facebook failed to remove reported extremist posts - The Times

LONDON (Reuters) - Facebook failed to remove dozens of instances of extremist and child pornography even after the social network's moderators were directly informed of the potentially illegal content, an investigation by The Times showed on Thursday.

Belgian company takes 3D printing to chocolate

GEMBLOUX, Belgium (Reuters) - Layer by layer, 0.2 millimeters at a time, a specialized printing machine at Belgian chocolate shop Miam Factory applies melted chocolate to shape a three-dimensional object.

As Samsung's profit surges, some investors worry about peaking growth

SEOUL (Reuters) - Even as Samsung Electronics Co Ltd is poised to deliver a surge in earnings to an all-time high this year, some investors are already starting to fret the tech giant will soon become a victim of its own success.

Uber resumes ride-hailing service in Taiwan after talks with authorities

TAIPEI (Reuters) - Uber Technologies Inc said it will resume its ride-hailing service in Taiwan on Thursday after "constructive talks" with island authorities.

China's Baidu buys U.S. computer vision startup amid AI push

BEIJING (Reuters) - Chinese internet firm Baidu Inc has agreed to acquire U.S. computer vision firm xPerception for an undisclosed amount to support their renewed efforts in artificial intelligence as Chinese tech firms face regulatory headwinds in U.S.

Self-driving 'arms race' complicates supplier alliances

FRANKFURT/DETROIT (Reuters) - The race to develop and exploit autonomous vehicle technology is reshaping the hierarchy of the automotive industry, replacing traditional top-down manufacturing relationships with complex webs of alliances and acquisitions.

Samsung Electronics says Galaxy S8 preorders better than expected so far

SEOUL (Reuters) - Pre-orders for tech giant Samsung Electronics Co Ltd's flagship Galaxy S8 smartphones have been better than expected so far, the South Korean firm's mobile business chief Koh Dong-jin said on Thursday.

Apple hires secret team for treating diabetes: CNBC

(Reuters) - Apple Inc has hired a team of biomedical engineers as part of a secret initiative, initially envisioned by late Apple co-founder Steve Jobs, to develop sensors to treat diabetes, CNBC reported citing three people familiar with the matter.

Burger King debuts Whopper ad that triggers Google Home devices

NEW YORK (Reuters) - Fast-food chain Burger King said on Wednesday it will start televising a commercial for its signature Whopper sandwich that is designed to activate Google voice-controlled devices, raising questions about whether marketing tactics have become too invasive.

Automakers unveil new SUVs at New York auto show but also focus on EVs

NEW YORK (Reuters) - Automakers unveiled new sport utility vehicles at the New York auto show on Wednesday, boosted by low fuel prices and increasing demand, but said they were also moving ahead with new U.S. electric and plug-in hybrid vehicles for the U.S. market.

Grey market has become a necessary evil for luxury watchmakers

ZURICH (Reuters) - A diamond-studded Rolex at 40 percent off the $34,000 retail price or an Omega Speedmaster Moonphase for less than $10,000? While still out of reach for most people, the increasing prevalence of such deals highlights the perplexing predicament in which luxury watchmakers now find ...

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U.S. ITC to investigate Sony patent infringement claims against Arris

WASHINGTON (Reuters) - The U.S. International Trade Commission said on Wednesday it has launched a patent infringement investigation of television set-top boxes and other components that Arris International supplies to Comcast Corp and DirecTV for their Xfinity and Genie customers.

Critical Security Updates from Adobe, Microsoft

Adobe and Microsoft separately issued updates on Tuesday to fix a slew of security flaws in their products. Adobe patched dozens of holes in its Flash Player, Acrobat and Reader products. Microsoft pushed fixes to address dozens of vulnerabilities in Windows and related software. The biggest change ...

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