Web needs rethink to stop 'nasty' ideas spreading, says its creator

LONDON (Reuters) - The World Wide Web needs a complete rethink to prevent spying and the spread of "nasty, mean ideas" on social media websites, its inventor, Tim Berners-Lee, said on Monday.

India's Flipkart raises $1.4 billion from Tencent, eBay, Microsoft

MUMBAI (Reuters) - India's top e-commerce firm Flipkart has raised $1.4 billion from Tencent Holdings Ltd, Microsoft Corp and eBay Inc, the company said in a statement on Monday.

Ciber files for Chapter 11 bankruptcy

(Reuters) - Information technology company Ciber Inc said on Monday that it and some of its U.S. units filed for bankruptcy protection under Chapter 11 in the U.S. bankruptcy court in the District of Delaware.

Japan's Renesas keen on acquisitions, may issue shares to build warchest: CEO

TOKYO (Reuters) - Japanese automotive chip maker Renesas Electronics Corp is hungry for more acquisitions amid a wave of megamergers in the industry and may need to issue equity shares sometime in the future to build its warchest, its CEO said on Monday.

Turkey's Vestel in talks to buy Toshiba television unit: official

ISTANBUL (Reuters) - Turkey's Vestel is in talks to buy the television unit of Japan's Toshiba Corp, an official for the Turkish maker of electronics and home appliances said on Monday, declining to be identified.

Banks scramble to fix old systems as IT 'cowboys' ride into sunset

NEW YORK (Reuters) - Bill Hinshaw is not a typical 75-year-old. He divides his time between his family – he has 32 grandchildren and great-grandchildren – and helping U.S. companies avert crippling computer meltdowns.

Alleged Spam King Pyotr Levashov Arrested

Authorities in Spain have arrested a Russian computer programmer thought to be one of the world’s most notorious spam kingpins. Spanish police arrested Pyotr Levashov under an international warrant executed in the city of Barcelona, according to Reuters. Russian state-run television ...

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Alleged Spam King Pyotr Levashov Arrested

Authorities in Spain have arrested a Russian computer programmer thought to be one of the world’s most notorious spam kingpins. Spanish police arrested Pyotr Levashov under an international warrant executed in the city of Barcelona, according to Reuters. Russian state-run television ...

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Fidelity becomes first asset manager to join blockchain group IC3

NEW YORK (Reuters) - Fidelity Investments Inc has become the first financial institution to join the Initiative for CryptoCurrencies & Contracts, a group of academic institutions and technology companies looking to develop blockchain-based technology.

New York regulator wants other states to model cyber laws after its rules

DENVER (Reuters) - A group of U.S. state insurance regulators should use New York's sweeping cyber security rules as a model for how insurers must protect their networks from hackers and when they must disclose cyber events, New York's financial regulator said on Sunday.

Google offers at least $880 million to LG display for OLED investment: Electronic Times

SEOUL (Reuters) - Google Inc has offered to invest at least 1 trillion won ($880.29 million) to help South Korea's LG Display Co Ltd boost output of organic light-emitting diode (OLED) screens for smartphones, the Electronic Times reported on Monday citing unnamed sources.

British lender Wonga warns customers of personal data hack

LONDON (Reuters) - British lender Wonga has warned customers in Britain and Poland that their personal data may have been stolen in the latest major corporate security breach.

Snapdeal founders move to calm employees amid takeover speculation

FILE PHOTO: An employee cleans a Snapdeal logo at its headquarters in Gurugram on the outskirts of New Delhi, India April 3, 2017. REUTERS/Adnan Abidi

Computer hack sets off 156 emergency sirens across Dallas

A padlock is displayed at the Alert Logic booth during the 2016 Black Hat cyber-security conference in Las Vegas, Nevada, U.S. August 3, 2016. REUTERS/David Becker

Twitter case shows breadth of U.S. power to probe anti-Trump statements

NEW YORK/WASHINGTON (Reuters) - An attempt by U.S. authorities to identify an anonymous critic of President Donald Trump on Twitter has set off alarm bells among Democratic and Republican lawmakers and civil liberties advocates fearful of a crackdown on dissent.

BDO declines to replace PwC at Brazil's Oi restructuring case

SAO PAULO (Reuters) - Accounting firm BDO declined to replace PriceWaterhouseCoopers in the in-court restructuring of Brazilian carrier Oi SA, BDO said in a statement on Friday.

Twitter CEO forgoes compensation; long-time board member to leave

(Reuters) - Twitter Inc's chief executive, Jack Dorsey, continued to forego direct compensation and Peter Fenton, a board member since 2009, will leave after the company's annual meet in May, a regulatory filing showed on Friday.

U.S. net neutrality advocates blast Pai effort to reverse rules

WASHINGTON (Reuters) - Advocates of landmark net neutrality rules on Friday blasted Federal Communications Commission chairman Ajit Pai's plans to roll back the Obama era legal framework.

Experian enlists behavioral biometrics startup to combat fraudsters

NEW YORK (Reuters) - Credit bureau Experian Plc has joined forces with technology firm BioCatch to use behavioral biometrics to help its clients spot fraudsters applying for credit cards and other lending products online, the companies said on Friday.

Uber says never used Waymo files on self-driving

SAN FRANCISCO (Reuters) - Uber Technologies Inc said on Friday its self-driving sensor technology was "fundamentally different" from Waymo's, blasting Waymo's assertion that its ride-services rival profited from confidential stolen files, in the latest salvo in a high-profile dispute between the two...

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Facebook virtual reality unit Oculus faces lawsuit over imaging patent

(Reuters) - Facebook Inc's virtual reality unit Oculus VR is facing a lawsuit alleging it incorporated without authorization a smaller competitor's patented technology into its Rift headset.

Twitter pulls lawsuit over anti-Trump account, says summons withdrawn

SAN FRANCISCO (Reuters) - Twitter Inc on Friday dropped a lawsuit it had filed a day earlier against the U.S. government, saying in court papers that the government had withdrawn a summons for information about an account critical of President Donald Trump.

Gamestop.com Investigating Possible Breach

Video game giant GameStop Corp.  [NSYE: GME] says it is investigating reports that hackers may have siphoned credit card and customer data from its website — gamestop.com. The company acknowledged the investigation after being contacted by KrebsOnSecurity. “GameStop recently re...

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Gamestop.com Investigating Possible Breach

Video game giant GameStop Corp.  [NSYE: GME] says it is investigating reports that hackers may have siphoned credit card and customer data from its website — gamestop.com. The company acknowledged the investigation after being contacted by KrebsOnSecurity. “GameStop recently re...

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Italy court blocks Uber services in Italy, citing unfair competition

ROME (Reuters) - A court blocked the use of smart phone apps for Uber cars in Italy on Friday, ruling that they constituted unfair competition.

Cloud software provider Okta surges 44 percent in debut

(Reuters) - Cloud software provider Okta Inc's shares jumped as much as 44 percent in its debut on Friday, giving the tech unicorn a market capitalization of about $2.22 billion.

Softbank-backed Ola ramps up electric vehicles push in India

NEW DELHI (Reuters) - Indian ride-hailing firm Ola, backed by Japan's Softbank Group, is preparing for a large-scale rollout of electric vehicles by next year even as it runs trials on the viability of the business model, Chief Executive Bhavish Aggarwal said.

Slovenian firm brings tombstones to life with digital content

MARIBOR, Slovenia (Reuters) - A firm in Slovenia are giving tombstones a 21st-century makeover, with 48-inch interactive screens that can show pictures, video and other digital content.

Two-thirds of EU travel websites mislead on prices: Commission

BRUSSELS (Reuters) - Two-thirds of travel booking websites provide misleading information on prices and so breached EU consumer protection rules, the European Commission said on Friday.

LG Elec says first quarter operating profit likely up 82 percent year on year

SEOUL (Reuters) - South Korea's LG Electronics Inc estimated on Friday its first-quarter operating profit rose 82 percent from a year earlier, beating market expectations on healthy sales of appliances and televisions.