Exclusive: Snap's secrecy frustrates banks' pursuit of IPO glory

(Reuters) - Some investment banks seeking to be added as underwriters to Snapchat owner Snap Inc's initial public offering registration document have been denied access to review it before it is made public this week, according to people familiar with the matter.

Samsung Electronics to launch web payments service for Android phones in South Korea

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Thursday it will launch a mobile web payments service for all smartphones powered by Google Inc's Android mobile operating system in South Korea in the first quarter.

Shutterfly posts drop in profit, says to reduce workforce

(Reuters) - Digital imaging company Shutterfly Inc reported a 30.6 percent fall in quarterly profit and said it would reduce its workforce by about 13 percent as part of its restructuring.

Machine beats humans for the first time in poker

NEW YORK (Reuters) - Artificial intelligence has made history by beating humans in poker for the first time, the last remaining game in which humans had managed to maintain the upper hand.

U.S. Jury issues $500 million verdict in Facebook virtual reality lawsuit

(Reuters) - A U.S. jury in Texas on Wednesday ordered Facebook Inc., its virtual reality unit Oculus, and other defendants to pay a combined $500 million to ZeniMax Media Inc., a video game publisher that says Oculus stole its technology.

Facebook's quarterly revenue surges 50.8 percent

(Reuters) - Facebook Inc's quarterly revenue surged 50.8 percent as the world's largest social network continues to benefit from its aggressive push into mobiles and video.

Waymo's self-driving cars improve performance in California tests

The Waymo logo is displayed during the company's unveil of a self-driving Chrysler Pacifica minivan during the North American International Auto Show in Detroit, Michigan, U.S., January 8, 2017. REUTERS/Brendan McDermid

Digital media firms search for revenue in high-school bleachers

NEW YORK (Reuters) - Digital media companies looking for other sources of revenue growth are targeting high school sports licensing and content deals, hoping to tap into a surge in online viewing and crack a market too fragmented for most traditional networks.

Mastercard, UniRush fined $13 million for prepaid card breakdowns: U.S. CFPB

WASHINGTON (Reuters) - The U.S. agency charged with protecting consumers' finances on Wednesday said it fined Mastercard Inc. and private company UniRush LLC $13 million for failures in October 2015 that prevented people from accessing paychecks and other deposits on their prepaid debit cards.

Fears of U.S. visa overhaul push Indian IT stocks lower

SAN FRANCISCO (Reuters) - Shares of Indian technology companies deepened losses on Wednesday as investors worried U.S. President Donald Trump and legislators would impose tougher rules on skilled-worker visas that those firms rely on.

Strong iPhone 7 sales 'a bridge' to Apple's next upgrade

A visitor takes pictures as customers gather at a store selling Apple products during the launch of the new iPhone 7 sales at the State Department Store, GUM, in central Moscow, Russia September 23, 2016. REUTERS/Sergei Karpukhin

Tesla drops 'Motors' from name as CEO Musk looks beyond cars

Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017. REUTERS/Shannon Stapleton

Activision Blizzard creates consumer products division

(Reuters) - Activision Blizzard Inc said on Wednesday it was creating a consumer products division to tap into the popularity of its videogame franchises, including "Call of Duty", "Overwatch" and "World of Warcraft".

New York attorney general sues Charter over internet speeds

NEW YORK (Reuters) - New York Attorney General Eric Schneiderman filed a lawsuit on Wednesday that accuses Charter Communications Inc's Spectrum cable unit of short-changing customers on internet speeds.

Daimler to build electric cars in existing Mercedes plants

FRANKFURT (Reuters) - German carmaker Daimler plans to build its new electric vehicles in existing Mercedes plants by integrating them with serial production of cars with combustion engines, the group said.

Siemens shareholders tell CEO to maintain momentum

MUNICH, Germany (Reuters) - Siemens shareholders urged Chief Executive Joe Kaeser to press ahead with transforming the engineering group which made its best annual operating profit to date last year and raised its earnings forecasts.

With new hybrid, Nissan offers cheaper route to electric cars

YOKOHAMA, Japan (Reuters) - Nissan Motor Co has taken a step back into gasoline hybrids with its Note e-Power model, which the Japanese automaker hopes will act as a gateway for drivers who will later shift to all-electric cars.

TalkTalk founder Dunstone takes reins from Harding

LONDON (Reuters) - TalkTalk founder and chairman Charles Dunstone will take over the running of the telecoms operator when chief executive Dido Harding steps down in May after seven years in charge, the company said on Wednesday.

Nintendo plans to release two or three mobile games every year

TOKYO (Reuters) - Nintendo Co Ltd said on Wednesday it plans to release two or three mobile games every year, a day after the Japanese videogames maker disappointed investors with a one-third cut to its full-year operating profit outlook.

Security Technology Cannot Stop All Attacks

Technology alone cannot protect you. Bad guys are constantly developing new ways to get past firewalls, anti-virus and filters. You are the best defense against any attacker.

EU mobile roaming charges to disappear after deal on wholesale caps

BRUSSELS (Reuters) - The European Union clinched a preliminary deal on Wednesday to cap wholesale charges telecom operators pay each other when their customers call, send texts or surf the web abroad, paving the way for the abolition of roaming fees in June, the European Commission's digital chief s...

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Facebook to develop app for television set-top boxes: WSJ

(Reuters) - Facebook Inc is creating an app for television set-top boxes, including Apple Inc's Apple TV, the Wall Street Journal reported, citing people familiar with the matter.

Apple iPhone sales beat estimates

(Reuters) - Apple Inc reported a bigger-than-expected rise in iPhone sales for the holiday quarter but forecast current-quarter revenue below estimates as customers hold back on phone upgrades in anticipation of the launch of the 10th-anniversary iPhone.

AMD posts narrower loss on demand for graphic chips

(Reuters) - Chipmaker Advanced Micro Devices Inc reported a smaller loss for the fourth quarter as its revenue was boosted by strong demand for its graphic chips used in gaming consoles and a stabilizing PC market.

Shopping for W2s, Tax Data on the Dark Web

The 2016 tax season is now in full swing in the United States, which means scammers are once again assembling vast dossiers of personal data and preparing to file fraudulent tax refund requests on behalf of millions of Americans. But for those lazy identity thieves who can’t be bothered t...

Continue reading

Shopping for W2s, Tax Data on the Dark Web

The 2016 tax season is now in full swing in the United States, which means scammers are once again assembling vast dossiers of personal data and preparing to file fraudulent tax refund requests on behalf of millions of Americans. But for those lazy identity thieves who can’t be bothered t...

Continue reading

Electronic Arts revenue rises 7.4 percent

(Reuters) - Video-game publisher Electronic Arts Inc reported a 7.4 percent rise in third-quarter revenue, helped by strong sales of first-person shooter games "Battlefield 1" and "Titanfall 2".

Messaging startup Slack launches new product to power big businesses

SAN FRANCISCO (Reuters) - Slack Technologies Inc, a Silicon Valley messaging and collaboration software company, is making a strong push to expand its business by selling technology to some of the largest corporations in the country.

New FCC chair vows to shrink industry regulations

WASHINGTON (Reuters) - The new Republican chairman of the U.S. Federal Communications Commission, Ajit Pai, vowed to pare back outdated commission regulations, but declined to say if he will move quickly to overturn the Obama administration's landmark net neutrality rules.

Uber strikes deal with Daimler to add self-driving Mercedes-Benz to fleet

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] has signed another deal with a major automaker as the popular ride service accelerates efforts to build out one of the world's first fleets of autonomous vehicles.