The FTC’s Internet of Things (IoT) Challenge

One of the biggest cybersecurity stories of 2016 was the surge in online attacks caused by poorly-secured “Internet of Things” (IoT) devices such as Internet routers, security cameras, digital video recorders (DVRs) and smart appliances. Many readers here have commented with ideas about ...

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Tesla starts battery cell production at gigafactory

FILE PHOTO: A Panasonic Corp's lithium-ion battery, which is part of Tesla Motor Inc's Model S and Model X battery packs, is pictured with the Tesla Motors logo during a photo opportunity at the Panasonic Center in Tokyo, Japan, November 19, 2013. REUTERS/Yuya Shino/File Photo

BMW, Intel, Mobileye to test 40 driverless cars in second half of 2017

BERLIN (Reuters) - BMW's alliance with Intel and Mobileye aims to put a fleet of around 40 self-driving test vehicles on the road in the second half of this year, the companies said.

AT&T to conduct 5G network trials for DirecTv Now customers

(Reuters) - AT&T Inc said it plans to test its high-speed wireless 5G network, which reached speeds of 14 gigabits per second in lab trials, for customers of its online streaming television service, DirecTv Now, in Austin, Texas.

Chinese bike-share start-up Mobike raises $215 million in fresh funding

BEIJING (Reuters) - Chinese bike-sharing start-up Mobike has closed a $215 million series D funding round led by Tencent Holdings and Warburg Pincus LLC.

Amazon doubles deliveries in 2016 for third-party sellers

(Reuters) - Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall, the retail giant said on Wednesday.

Alibaba, in new tack, sues two vendors who it says sold fake watches

HONG KONG (Reuters) - China's Alibaba Group Holding Ltd has sued two vendors it says sold fake Swarovski watches on its Taobao e-commerce platform, its first legal action against counterfeiters amid persistent allegations that fake goods are widely available on its sites.

Maersk, Alibaba team up to offer online booking service for ship space

SHANGHAI (Reuters) - The world's largest container shipping line Maersk has teamed up with Alibaba to allow shippers of goods to reserve space on its vessels through the Chinese e-commerce giant, in a move that bypasses traditional middleman freight forwarders.

Samsung Electronics in talks with LG Display for LCD panel supply: Yonhap

SEOUL (Reuters) - Samsung Electronics Co Ltd is in talks with South Korea's LG Display Co Ltd about a potential liquid crystal display (LCD) panel supply deal for televisions, South Korea's Yonhap News Agency reported on Wednesday.

Faraday Future unveils electric vehicle in Las Vegas to kick off CES

LAS VEGAS (Reuters) - Electric vehicle start-up Faraday Future showed off its first production vehicle prototype in Las Vegas on Tuesday as the China-backed company strives to win credibility in the crowded sector and weather its funding challenges.

Samsung's chip, screen sales to drive Q4 profit to 3-year high -analysts

SEOUL (Reuters) - Samsung Electronics Co Ltd is likely to forecast its best quarterly profit in nearly three years on Friday, analysts said, with robust memory chip sales easing the pain of the costly failure of a flagship smartphone.

The Download on the DNC Hack

Over the past few days, several longtime readers have asked why I haven’t written about two stories that have consumed the news media of late: The alleged Russian hacking attacks against the U.S. Democratic National Committee (DNC) and, more recently, the discovery of malware on a la...

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The Download on the DNC Hack

Over the past few days, several longtime readers have asked why I haven’t written about two stories that have consumed the news media of late: The alleged Russian hacking attacks against the U.S. Democratic National Committee (DNC) and, more recently, the discovery of malware on a la...

Continue reading

Toshiba shares fall on media report of profit padding

TOKYO (Reuters) - Toshiba shares fell more than five percent on Wednesday after media reported that Japan's security watchdog suspects it of padding profits by 40 billion yen ($339.59 million) over three years.

Canadian fintechs shine as investments near record

TORONTO (Reuters) - Venture capital-backed investment in Canadian financial technology companies hit its highest level in almost two decades last year, even as the flow of funds into major fintech markets like the United States declined, according to sector data.

Israel's 'flying car' passenger drone moves closer to delivery

YAVNE, Israel (Reuters) - After 15 years of development, an Israeli tech firm is optimistic it will finally get its 1,500 kg (1.5 tonne) passenger carrying drone off the ground and into the market by 2020.

Intel seeking indirect stake in mapping firm HERE: German cartel office

FRANKFURT (Reuters) - Chip maker Intel has sought approval to buy a stake in HERE, a digital mapping firm controlled by Germany's carmakers Daimler , BMW and Volkswagen , a filing to the German cartel office showed.

Twitter's China boss Kathy Chen quits after 8 months

NEW YORK/BEIJING (Reuters) - Twitter Inc executive Kathy Chen, brought in to run Greater China just over eight months ago, has quit, according to a tweet sent by her over the weekend.

Dog fight: Start-ups take aim at errant drones

(Reuters) - A boom in consumer drone sales has spawned a counter-industry of start-ups aiming to stop drones flying where they shouldn't, by disabling them or knocking them out of the sky.

Argentina decrees telecoms rule changes to increase competition

BUENOS AIRES (Reuters) - Argentina has loosened regulations to allow more competition in its telecoms sector and widen internet penetration, according to a decree published on Monday that the government hopes will attract billions of dollars in investments.

Bitcoin jumps above $1,000 for first time in three years

LONDON (Reuters) - Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016.

Apple partner Wistron seeks to expand India smartphone parts plant: government official

MUMBAI (Reuters) - Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in the Indian city of Bengaluru, a high-ranking regional government official said on Monday.

Samsung Electronics to reveal Galaxy Note 7 probe results this month: JoongAng Ilbo

SEOUL (Reuters) - Samsung Electronics Co Ltd will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources.

Apple to cut iPhone production in first quarter of 2017: report

(Reuters) - Apple Inc will trim production of iPhones by about 10 percent in the January-March quarter of 2017, the Nikkei financial daily reported on Thursday, citing calculations based on data from suppliers.

Continental CEO says jobs will be lost in shift to electric cars

FRANKFURT (Reuters) - The shift to electric vehicles will cost jobs at German automotive supplier Continental, its chief executive told a newspaper, but he said many of those jobs would be offset by new positions related to electro-mobility.

Foxconn joint venture to invest $8.8 billion to build new LCD plant in China

BEIJING (Reuters) - A joint venture of Hon Hai Precision Industries , known as Foxconn, and Sharp said on Friday it plans to invest 61 billion yuan ($8.8 billion) to build a new factory in China to produce liquid-crystal displays (LCDs).

How ties to an 'equestrian princess' landed Samsung at center of a scandal

SEOUL (Reuters) - Samsung Electronics Co's sponsorship of the equestrian-athlete daughter of a long-time friend of President Park Geun-hye has helped to land South Korea's top company in the center of the country's influence-peddling scandal.

China's Midea receives U.S. green light for Kuka takeover

FRANKFURT (Reuters) - China's Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light.

Silicon Valley's obscure unicorns could boost 2017 IPO market

(Reuters) - Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions.

China's Huawei sees 32 percent jump in 2016 revenue

(Reuters) - China's Huawei Technologies Co Ltd [HWT.UL], one of the world's largest telecom equipment makers, said on Friday it expects to record a 32 percent jump in revenue for 2016, thanks to a strong performance across its business platforms.