SAP CEO McDermott overtakes Daimler's Zetsche in 2016 pay

FRANKFURT (Reuters) - SAP Chief Executive Bill McDermott's total pay last year jumped to 15.6 million euros ($16.5 million), overtaking that of Daimler CEO Dieter Zetsche, Germany's best-paid company executive in 2015.

EU needs common approach on testing banks' cyber-risks: Dombrovskis

BRUSSELS (Reuters) - European Union countries should test bank defenses against cyber-attacks using a common set of requirements, a senior EU official said on Tuesday, as the bloc plans measures to boost the retail market for financial products.

Xiaomi unveils in-house chipset to streamline production, cut prices

BEIJING (Reuters) - Chinese smartphone firm Xiaomi Inc [XTC.UL] announced its first in-house designed chipset on Tuesday, as it works to streamline production, lower prices, and gain greater control over handset design to counter the impact of slowing sales.

Cyber attackers target Singapore Defence Ministry, but no secrets found

SINGAPORE (Reuters) - Cyber attackers have stolen basic personal data from about 850 Singapore national servicemen and employees in a possible attempt to access official secrets, the Defence Ministry said on Tuesday.

Huawei staff fear cuts as smartphone profits disappoint

HONG KONG/BARCELONA (Reuters) - Staff at China's Huawei Technologies Co Ltd [HWT.UL] are bracing for possible jobs cuts after internal memos highlighted intense pressure to improve earnings and an executive said the flagship smartphone business had missed internal profit targets.

Samsung Group chief to be charged with bribery, embezzlement amid scandal

SEOUL (Reuters) - South Korea's special prosecutor's office said on Tuesday it will charge Samsung Group chief Jay Y. Lee and four other executives with bribery and embezzlement amid a political scandal that has rocked the country.

Samsung SDI says Samsung Elec's head of memory business chosen as new CEO

SEOUL (Reuters) - South Korea's Samsung SDI Co Ltd said on Tuesday that Jun Young-hyun, the head of memory business at Samsung Electronics Co Ltd, has been chosen as its new CEO.

Nordic-Baltic 5G telecoms cooperation to be unveiled Tuesday: Norway

OSLO (Reuters) - Nordic and Baltic countries will present a joint initiative on Tuesday regarding so-called 5G, or fifth-generation mobile networks, Norway's Ministry of Transportation and Communication said.

China says it has received its largest foreign drone order: Xinhua

SHANGHAI (Reuters) - An undisclosed buyer has placed the largest overseas order for China's home-developed military drones, the Xinhua news agency has reported, in a boost for the Chinese arms industry's efforts to increase export volumes.

Snap expects some IPO investors to make year-long commitments

(Reuters) - Snap Inc, owner of popular messaging app Snapchat, disclosed on Monday that it expected investors buying up to a quarter of the shares in its $3.2 billion initial public offering this week to agree not to sell them for a year.

Facebook's virtual reality ambitions could be threatened by court order

(Reuters) - Facebook Inc's big ambitions in the nascent virtual reality industry could be threatened by a court order that would prevent it from using critical software code another company claims to own, according to legal and industry experts.

JPMorgan, Microsoft, Intel and others form new blockchain alliance

NEW YORK (Reuters) - JPMorgan Chase & Co , Microsoft Corp , Intel Corp and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward distributed ledger ...

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Netflix CEO shows friendly face to telcos at top mobile fair

BARCELONA, Spain (Reuters) - Streaming video pioneer Netflix held out a vision of cooperation to potentially skeptical telecom partners on Monday, saying it could deliver a quality experience to mobile phones without hogging bandwidth needed for other services.

Uber executive quits for not disclosing prior sexual harassment allegation: Recode

(Reuters) - Uber Technologies Inc's [UBER.UL] senior vice president of engineering, Amit Singhal, has left the company for failing to disclose a sexual harassment allegation, stemming from his tenure at Alphabet Inc's Google, Recode reported, citing sources.

ServiceNow appoints former eBay executive as CEO

SAN FRANCISCO (Reuters) - ServiceNow Inc said it had hired former eBay Inc executive John Donahoe to be chief executive, replacing longtime CEO Frank Slootman starting in April, a surprise move that sent shares of the enterprise software lower on Monday.

No AT&T-Time Warner merger review expected: U.S. regulator's chairman

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission does not expect to review AT&T Inc's planned $85.4 billion acquisition of Time Warner Inc , a spokesman for the agency said on Monday.

New mobile networks set to enable remote driving, Telefonica says

BARCELONA (Reuters) - The brave new world of remote-controlled cars is now technically possible using wireless technologies which are set to be commonplace early in the next decade, two major telecoms companies said at a test drive staged on Monday during an industry conference in Barcelona.

Tesla deepens recent losses after Goldman recommends selling

SAN FRANCISCO (Reuters) - Shares of Tesla dropped on Monday after a downgrade by Goldman Sachs, bringing the electric carmaker's decline to 11 percent since its quarterly report last week stoked worries about how much cash it is using to launch its Model 3 sedan.

Self-driving Nissan car takes to Europe's streets for first time

LONDON (Reuters) - Guided by cameras and radars, and negotiating traffic and roundabouts, a self-driving Nissan car took to the streets of London on Monday for the Japanese company's first European tests of an autonomous vehicle.

Brexit could count against U.K. as base for electric Mini: source

FRANKFURT (Reuters) - Uncertainty about post-Brexit tariffs makes it harder for BMW to choose Britain as a production hub for an electric Mini, a person familiar with the matter said on Monday.

AT&T cuts price of unlimited mobile data plan

(Reuters) - AT&T Inc said on Monday that it would lower the price of its unlimited mobile data plan, as the price war among the four biggest U.S. wireless carriers gains steam.

Apple and SAP to release tool to build business apps

(Reuters) - Apple Inc and German software maker SAP SE will release a tool aimed at helping developers build iPhone apps for big businesses, the two companies said on Monday.

DTCC completes blockchain repo test

NEW YORK (Reuters) - Post-trade provider Depository Trust & Clearing Corporation, or DTCC, has successfully completed testing of blockchain-based technology for the clearing and settlement of repurchase, or repo, agreement transactions, and will decide by June whether to deploy the new system.

Softbank expects ARM to deliver 1 trillion IoT chips in next 20 years

BARCELONA (Reuters) - Softbank's semiconductor subsidiary ARM will deliver about a trillion chips designed for the so-called internet of things (IoT) over the next 20 years, the chairman and CEO of the Japanese company said on Monday.

Warren Buffett, on CNBC, says bought about 120 million Apple shares in 2017

NEW YORK (Reuters) - Warren Buffett, chairman and chief executive of Berkshire Hathaway Inc , told CNBC on Monday that his conglomerate had purchased about 120 million shares of Apple Inc. in 2017 and that U.S. stocks were not in a "bubble territory."

Merkel discussed China's electro-cars plan with prime minister Li

BERLIN (Reuters) - German Chancellor Angela Merkel discussed China's plan to set quotas for the number of electric cars it wants on its roads in the future in a phone call with Prime Minister Li Keqiang, a government spokesman said on Monday

Finnish mobile game start-up Next Games plans listing

HELSINKI (Reuters) - Finnish mobile game startup Next Games is planning to list its shares on the Helsinki bourse, it said on Monday.

More on Bluetooth Ingenico Overlay Skimmers

This blog has featured several stories about “overlay” card and PIN skimmers made to be placed atop Ingenico-brand card readers at store self-checkout lanes. I’m revisiting the topic again because a security technician at a U.S.-based retailer recently shared a few photos of severa...

Continue reading

More on Bluetooth Ingenico Overlay Skimmers

This blog has featured several stories about “overlay” card and PIN skimmers made to be placed atop Ingenico-brand card readers at store self-checkout lanes. I’m revisiting the topic again because a security technician at a U.S.-based retailer recently shared a few photos of severa...

Continue reading

SoftBank nears deal to invest $3 billion in U.S. startup WeWork: CNBC

TOKYO (Reuters) - Japan's SoftBank Group Corp is close to finalizing an investment in U.S. office-sharing startup WeWork, in a deal expected to be worth over $3 billion, CNBC reported on Monday.