Toyota chief shifts gear, to boost electric vehicle division

TOKYO (Reuters) - Toyota Motor Corp on Wednesday appointed its president to lead their newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace.

Rocket Internet narrows losses but growth stalls

BERLIN (Reuters) - German e-commerce investor Rocket Internet reined in losses at its main start-ups in the third quarter but revenue growth slowed at meal box delivery firm HelloFresh and online furniture site Home24.

Data leak on Europol terror group investigations: Dutch TV

AMSTERDAM (Reuters) - Information on numerous international investigations into terrorism groups compiled by Europol was accidentally left online, unguarded by any password, a Dutch television programme reported on Wednesday.

Curbs on extremist online content threaten free speech: report

WASHINGTON (Reuters) - Governments seeking to curtail the spread of extremist content online risk jeopardizing free speech and privacy rights, an international group comprising some of the largest U.S. technology firms said in a report on Wednesday.

Deutsche Telekom attack part of global campaign on routers

FRANKFURT (Reuters) - A cyber attack that infected nearly 1 million routers used to access Deutsche Telekom internet service was part of a campaign targeting web-connected devices around the globe, the German government and security researchers said on Tuesday.

Facebook users can now play Pac-Man on Messenger app

(Reuters) - For users hooked on to Facebook's Messenger app, it's game on.

Sky seeks to shake up UK mobile market with flexible data plans

LONDON (Reuters) - Sky said it would enter the UK mobile market with a SIM-only deal that allows data allowances to roll over each month, and offers free calls to the 11 million British households that take its TV services.

Cyber Monday sales biggest online shopping day in U.S. history

(Reuters) - Shoppers spent $3.45 billion on Cyber Monday on Samsung 4K TVs, PlayStation 4s and Barbie dolls among other products, marking the largest online sales day in U.S. history.

Automakers fund European electric car charging sites to boost demand

BERLIN/DETROIT (Reuters) - Four of the world's top carmakers have agreed to invest in thousands of fast-charging sites across Europe to boost mainstream acceptance of electric cars, the companies said on Tuesday.

Uber defends business model, wants to avert strict EU rules

LUXEMBOURG (Reuters) - Uber [UBER.UL] defended its business model in Europe's highest court on Tuesday, saying its service had made it easier for people to get around and cut pollution as it fights a case which could leave app-based startups facing tougher regulation.

MTS says probing its China executives

(Reuters) - MTS Systems Corp, a maker of industrial sensors, said on Tuesday it was investigating apparent violations of its code of conduct involving some top executives in its China operations.

Drones are mapping Indian cities - where they're allowed

MUMBAI (Thomson Reuters Foundation) - Officials in one of India's fastest growing cities are using unmanned aerial vehicles (UAVs) to update land records in a pilot project that could be rolled out across the country if rules governing the use of drones were simpler, authorities said.

UK regulator goes to Europe to force reform at BT Openreach

LONDON (Reuters) - Britain's telecoms regulator will go to the European Commission to try to force BT to legally separate Openreach, the division that supplies broadband to millions of homes and businesses, in a major reform aimed at spurring investment in the country's aging network.

Merkel says no details on origin of cyber attack on Deutsche Telekom

BERLIN (Reuters) - German Chancellor Angela Merkel said on Tuesday she had no information on where a cyber attack on Deutsche Telekom, which hit its network on Sunday and Monday, came from.

Ant Financial CEO apologizes following backlash over explicit social network groups

BEIJING (Reuters) - The CEO of Ant Financial Services Group, the payment affiliate of Alibaba Holdings Ltd, apologized on Tuesday following backlash from Chinese netizens over a social feature in the company's payment app that critics say enabled a sexually explicit dating service.

Chinese firms hit by huge increase in cyber attacks: survey

HONG KONG (Reuters) - Cyber attacks on Chinese companies have soared in the past two years, according to a survey, with new technologies that connect household items to the internet and allow them to receive and send data seen as particularly vulnerable.

Indra to issue shares in $324 million takeover offer for Tecnocom

MADRID (Reuters) - Spanish technology and defense company Indra made a takeover offer for information technology company Tecnocom for 4.25 euros per share, valuing it at about 305 million euros ($324 million), excluding treasury stock.

Nissan to offer maintenance-alert service in foray into connected cars

YOKOHAMA (Reuters) - Nissan Motor Co will make its first major foray into internet-connected cars by offering an option in some new vehicles that will use big data technology to notify drivers when vehicle maintenance is required.

Spy chief adds to warnings of Russian cyber attacks on Germany

BERLIN (Reuters) - Germany's spy chief warned that Russian hackers may target next year's German election with campaigns of misinformation that could undermine the democratic process, echoing concerns voiced by the country's domestic intelligence director.

Top automakers fund charging sites to boost electric-car demand

BERLIN (Reuters) - Top carmakers in Germany have agreed to jointly invest in thousands of ultra-fast charging sites across Europe to boost mainstream acceptance of electric cars, the companies said.

Delphi, Mobileye to use Intel chip for self-driving car system

A logo and stock information for auto supplier Mobileye NV is displayed on a screen where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 23, 2016. REUTERS/Brendan McDermid

San Francisco Rail System Hacker Hacked

The San Francisco Municipal Transportation Agency (SFMTA) was hit with a ransomware attack on Friday, causing fare station terminals to carry the message, “You Hacked. ALL Data Encrypted.” Turns out, the miscreant behind this extortion attempt got hacked himself this past weekend, r...

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San Francisco Rail System Hacker Hacked

The San Francisco Municipal Transportation Agency (SFMTA) was hit with a ransomware attack on Friday, causing fare station terminals to carry the message, “You Hacked. ALL Data Encrypted.” Turns out, the miscreant behind this extortion attempt got hacked himself this past weekend, r...

Continue reading

Zenefits hit with $7 million fine by California insurance regulator

SAN FRANCISCO (Reuters) - Software company Zenefits has been fined $7 million by California's insurance regulator, marking the biggest penalty yet for the startup that has faced multiple investigations for flouting insurance laws.

Bitcoin guru leaves Canada's TSX to focus on blockchain venture

(Reuters) - The first chief digital officer of TMX Group Ltd's Toronto Stock Exchange (TSX) has left the organization to devote more time to his venture based on blockchain, the technology behind the bitcoin cryptocurrency, the executive said on Monday.

America Movil agrees to buy mobile spectrum from Grupo MVS

The America Movil logo is seen on the wall of the reception area in the company's corporate offices in Mexico City August 12, 2015. REUTERS/Henry Romero

Stripe's valuation nearly doubles to $9.2 billion with latest funding

SAN FRANCISCO (Reuters) - Digital payments company Stripe Inc has raised a fresh round of funding that nearly doubles its valuation to $9.2 billion, the company said on Monday.

Samsung Elec says reviewing shift to holding company structure

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Tuesday it will consider whether to transition to a holding company structure, a move long expected as the next succession step for the founding Lee family's heirs.

Australian regulator opposes collective bank bargaining on Apple Pay

SYDNEY (Reuters) - Three of Australia's four biggest banks will be barred from collectively bargaining with Apple Inc in relation to its mobile digital payments system, under a draft decision released by the antitrust regulator on Tuesday.

Digital payment firms cash in on India's money mess, but can it last?

MUMBAI/NEW DELHI (Reuters) - Digital payment providers in India have mobilized hundreds of extra workers to enrol small merchants and offered their services for free, betting that severe cash shortages will prove to be the opportunity of a lifetime.