Police in Israel are recommending that the state attorney’s office indict and prosecute two 18-year-olds suspected of operating vDOS, until recently the most popular attack service for knocking Web sites offline. On Sept. 8, 2016, KrebsOnSecurity published a story about the hacking o...
Activist hedge funds press Tangoe to sell itself: sources
NEW YORK (Reuters) - Two activist hedge funds are pressing directors of Tangoe Inc. to sell the company, according to people familiar with the matter, citing a weakness in the IT company's business and falling stock price.
Snap shares rise as underwriters start coverage with 'buy'
(Reuters) - Snap Inc , owner of messaging app Snapchat, received top ratings from a number of its IPO underwriters on Monday, sending its shares up more than 3 percent in premarket trading.
Emaar Malls' $800 million bid for Souq.com to challenge Amazon
DUBAI (Reuters) - Dubai's Emaar Malls, operator of glitzy Middle East shopping centers, has made an $800 million offer for regional online retailer Souq.com [IPO-SOUQ.DU], setting up a potential bidding war with Amazon.com.
Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday: source
TOKYO (Reuters) - Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, seeking a quick ringfencing of losses before the Japanese parent's financial year ends.
BT fined record 42 million pounds for business-line installation errors
LONDON (Reuters) - Britain's BT has been fined a record 42 million pounds ($53 million) by the regulator for failing to install high-speed lines for businesses fast enough, in an error that is likely to cost the company around 300 million pounds in compensation.
Shares of Chinese selfie app maker Meitu plunge as much as 15 percent
HONG KONG (Reuters) - Shares of Chinese selfie app maker Meitu Inc plunged as much as 15 percent on Monday after it posted a loss in 2016, in its first earnings report since it listed.
End-to-end encryption on messaging services is unacceptable: UK minister
LONDON (Reuters) - British interior minister Amber Rudd said on Sunday end-to-end encryption of messages offered by services like Whatsapp are "completely unacceptable" and there should be no "secret place for terrorists to communicate".
Uber suspends self-driving car program after Arizona crash
(Reuters) - Uber Technologies Inc [UBER.UL] suspended its pilot program for driverless cars on Saturday after a vehicle equipped with the nascent technology crashed on an Arizona roadway, the ride-hailing company and local police said.
Chinese court rules in favor of Apple in local design patent disputes
A man uses his phone to take pictures outside an Apple store in Beijing, China July 28, 2016. REUTERS/Thomas Peter
Tesla to take orders for solar roof tiles starting April
A Tesla logo is seen at its planned store in Hanam, South Korea, December 22, 2016. REUTERS/Kim Hong-Ji
Uber tells U.S. court customers must arbitrate disputes
FILE PHOTO: The Uber app logo is seen on a mobile telephone in this October 28, 2016 photo illustration. REUTERS/Toby Melville/Illustration/File Photo
Phishing 101 at the School of Hard Knocks
A recent, massive spike in sophisticated and successful phishing attacks is prompting many universities to speed up timetables for deploying mandatory two-factor authentication (2FA) — requiring a one-time code in addition to a password — for access to student and faculty services online...
Phishing 101 at the School of Hard Knocks
A recent, massive spike in sophisticated and successful phishing attacks is prompting many universities to speed up timetables for deploying mandatory two-factor authentication (2FA) — requiring a one-time code in addition to a password — for access to student and faculty services online...
Trump says Charter to invest $25 billion in U.S., hire 20,000 workers
Charter Communications CEO Thomas Rutledge (R) and Texas Governor Greg Abbotts (L) speak to reporters after their meeting with U.S. President Donald Trump at the White House in Washington, U.S., March 24, 2017. REUTERS/Kevin Lamarque
Food startup Eatsa sued for not making kiosks accessible to blind
FILE PHOTO: Customers order meals on tablets and pick up food from cubbies at Eatsa, a restaurant in the financial district of San Francisco, California, U.S., September 28, 2016. REUTERS/Peter Henderson
Toshiba decides on Westinghouse bankruptcy, sees $9 billion in charges: sources
FILE PHOTO: The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato/File Photo
Food startup Eatsa sued for not making kiosks accessible to blind
Customers order meals on tablets and pick up food from cubbies at Eatsa, a restaurant in the financial district of San Francisco, California, U.S., September 28, 2016. REUTERS/Peter Henderson
YouTube's bid to grab TV dollars imperiled by advertiser revolt
(Reuters) - The decision by a handful of high-profile consumer brands to pull advertising from Google’s YouTube over offensive content could threaten the site’s long-term strategy of stealing ad dollars from television, analysts and ad industry professionals said Thursday.
Uber stalls India leasing scheme as driver incomes drop: sources
NEW DELHI (Reuters) - Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters.
Twitter explores premium version after 11 years as a free service
SAN FRANCISCO (Reuters) - Twitter Inc is considering whether to build a premium version of its network aimed at professionals, the company said on Thursday, raising the possibility that it could collect subscription fees from some users for the first time.
Amazon.com wins $1.5 billion tax dispute over IRS
(Reuters) - Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago.
Uber Canada urges government to retain tax advantage
(Reuters) - Uber Canada on Thursday urged the Canadian government to retain a tax advantage available to ride-services companies, a day after the country's Liberal administration proposed removing the measure.
Micron's quarterly revenue soars 58.4 percent
(Reuters) - Micron Technology Inc reported a 58.4 percent jump in quarterly revenue, boosted by higher demand for the company's memory chips used in computing devices and storage devices found in smartphones amid tight supplies.
U.S. Senate votes to overturn Obama broadband privacy rules
WASHINGTON (Reuters) - The U.S. Senate on Thursday voted narrowly to repeal regulations requiring internet service providers to do more to protect customers' privacy than websites like Alphabet Inc's Google or Facebook Inc .
U.S. fines Experian $3 million for deceiving customers about its credit scores
WASHINGTON (Reuters) - The Consumer Financial Protection Bureau said on Thursday it fined Experian and its subsidiaries $3 million for falsely telling customers its credit scores were used by lenders in making decisions.
In blow to London, EU considers passporting for fintech services
BRUSSELS (Reuters) - The European Commission could introduce EU passporting and lower regulatory requirements for financial technology firms, moves that could undercut London's leading position in "fintech" as Britain gets ready to leave the European Union.
Brazil's Oi sees vote on updated debt plan by end of June: CEO
SAO PAULO (Reuters) - Brazilian telephone operator Oi SA expects a new in-court reorganization plan to go to a creditor vote by the end of June, Chief Executive Officer Marco Schroeder said on Thursday.
SSL sues rival Orbital ATK over theft of trade secrets: lawsuit
CAPE CANAVERAL, Fla. (Reuters) - Space Systems/Loral is suing rival Orbital ATK over an alleged theft of proprietary data and business plans for an in-space satellite servicing technology, according to a complaint filed on Thursday.
Tata Consultancy says plans to step up local hiring in U.S.
BOAO, China (Reuters) - India's top software services exporter Tata Consultancy Services will step up local hiring in the United States and has no plans to cut investments there as it continues to expect robust growth from its biggest overseas market.