U.S. letter reveals details of GM self-driving vehicle system

WASHINGTON (Reuters) - General Motors Co's semi-autonomous "Super Cruise" system will allow drivers to take their hands off the steering wheel for extended periods, but will stop the vehicle automatically if drivers are not attentive, according to a government letter made public on Monday.

AT&T unveils DirecTV Now streaming service ahead of Nov 30 launch

NEW YORK (Reuters) - AT&T Inc, the largest U.S. TV provider, took the wraps off its new DirecTV Now streaming service on Monday, making a foray into the new and crowded online video service market and hoping to win subscribers who shun pay-television subscriptions.

Self-driving cars coming to public roads of Ontario, Canada

(Reuters) - Self-driving cars, including those backed in part by the phonemaker BlackBerry Ltd, have been approved for testing on Canadian public roads in the country's first such program, the government for the province of Ontario said on Monday.

New mobile phone system 'mBirth' registers Tanzania's invisible children

NJOMBE, Tanzania (Thomson Reuters Foundation) - At Lunyanywi village in Tanzania's southern highlands, local residents gather to welcome a new member of their community.

San Francisco public transit system says ransomware attack contained

(Reuters) - San Francisco's Municipal Transportation Agency said it has contained a cyber attack that disrupted some internal computer systems including email, but did not affect transit services.

Elliott discloses stake in Cognizant, urges board shakeup

(Reuters) - Activist investor Elliott Management Corp disclosed a stake of "more than 4 percent" in Cognizant Technology Solutions and urged the IT services provider to consider shaking up its board as one of several steps to boost shareholder value.

Exclusive: Chinese government money backs buyout firm’s deal for U.S. chip maker

SAN FRANCISCO/NEW YORK/HONG KONG (Reuters) - Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp for $1.3 billion earlier this month, is funded partly by cash originating from China's central government and also has indirect links to ...

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Actelion's ambitious independent-minded CEO will drive up takeover price

ZURICH (Reuters) - Actelion Chief Executive Jean-Paul Clozel's desire to keep Europe's biggest biotech company independent after building it from scratch, means Johnson & Johnson will have to pay a steep premium if a takeover is to succeed.

Israel's Cellcom launches app for Apple TV service

TEL AVIV (Reuters) - Cellcom, Israel's biggest mobile phone operator, said on Monday it will offer Apple TV as it launched its new Cellcom TV app.

Deutsche Telekom says fixed network outage may be work of hackers

FRANKFURT (Reuters) - Around 900,000 Deutsche Telekom fixed-line customers in Germany have been hit by network outages that started on Sunday and are continuing, the company said on Monday, adding that it could not rule out that it was the target of hackers.

MTN discussed share sale of Nigerian unit with local regulator: SEC

LAGOS (Reuters) - South Africa's telecom group MTN has met with Nigeria's Securities and Exchange Commission (SEC) to discuss a possible initial public offering and how it wanted to structure the share sale, the head of Nigeria's SEC told Reuters.

Uber drivers in U.S. cities to join planned worker protests

LOS ANGELES (Reuters) - Drivers for ride service company Uber will join planned nationwide protests on Tuesday, when activists and low-wage workers renew their call for better pay and the right to join a union in the wake of Donald Trump's U.S. presidential election win, organizers said.

Photo app and phone maker Meitu to launch up to $735 million Hong Kong IPO: IFR

HONG KONG (Reuters) - Chinese photo app and mobile phone maker Meitu Inc is set to launch an up to $735 million initial public offering in Hong Kong, IFR reported on Monday, citing people close to the deal.

Fearing tighter U.S. visa regime, Indian IT firms rush to hire, acquire

BENGALURU (Reuters) - Anticipating a more protectionist U.S. technology visa program under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from college campuses there.

Samsung Elec to consider split: Seoul Economic Daily

SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd will consider splitting itself into two as proposed by activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source.

ATM Insert Skimmers: A Closer Look

KrebsOnSecurity has featured multiple stories about the threat from ATM fraud devices known as “insert skimmers,” wafer-thin data theft tools made to be completely hidden inside of a cash’s machine’s card acceptance slot. For a closer look at how stealthy inser...

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ATM Insert Skimmers: A Closer Look

KrebsOnSecurity has featured multiple stories about the threat from ATM fraud devices known as “insert skimmers,” wafer-thin data theft tools made to be completely hidden inside of a cash’s machine’s card acceptance slot. For a closer look at how stealthy inser...

Continue reading

BMW to offer new version of i3 electric car in 2017: Welt am Sonntag

FRANKFURT (Reuters) - German luxury carmaker BMW plans to launch a new version of its i3 electric car next year with a longer range and revamped design, German weekly Welt am Sonntag reported, citing company sources.

Banks seek to invest $59 million in blockchain startup R3: source

NEW YORK/LONDON (Reuters) - Banks involved in the blockchain consortium R3 CEV have expressed interest in investing $59 million in the company’s first funding round, less than half its overall target, a person close to the deal said on Friday.

Uber in landmark court battle on Tuesday to escape strict rules

BRUSSELS (Reuters) - Uber [UBER.UL] will seek to convince Europe's top court next week that it is a digital service, not a transport company, in a case that could determine whether app-based startups should be exempt from strict laws meant for regular companies.

Actelion shares surge on reported J&J takeover approach

ZURICH/FRANKFURT (Reuters) - Shares in Actelion Ltd jumped as much as 19 percent to record highs on Friday on reports that U.S. healthcare company Johnson & Johnson was interested in a takeover of the fast-growing Swiss biotechnology firm.

Cutting tool maker Sandvik looks to software, 3D printing to stay ahead

STOCKHOLM (Reuters) - Sandvik Machining Solutions (SMS), the world's top metal cutting tools maker, is looking to build on its expertise in 3D printing and acquire industrial software firms to stay ahead of rivals and adapt to emerging challenges like the rise of the electric car.

Xiaomi says shrinking smartphone sales won't hit the company

BEIJING (Reuters) - Sharp drops in smartphone sales for China's Xiaomi Inc [XTC.UL] will not have a major impact on the company as profit growth will be driven by sales from smart home devices as well as revenue from its software eco-system, a senior executive said.

Japan plans supercomputer to leap into technology future

TOKYO (Reuters) - Japan plans to build the world's fastest-known supercomputer in a bid to arm the country's manufacturers with a platform for research that could help them develop and improve driverless cars, robotics and medical diagnostics.

Britons look online for Black Friday bargains

LONDON (Reuters) - British retailers' websites, and to a lesser extent their stores, were awash with discounted goods on Friday as shoppers chased "Black Friday" deals in a spending spree that is expected to top last year's record level.

Thanksgiving sales surge online as shoppers stay home for holiday

(Reuters) - Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping.

GoDaddy in exclusive talks to buy Host Europe: sources

LONDON (Reuters) - U.S. website domain name provider GoDaddy is in exclusive talks to buy peer Host Europe Group (HEG) as it seeks to expand in higher-margin businesses beyond the initial set-up of websites, people close to the matter said.

UK wartime codebreaking center becomes cyber education college

BLETCHLEY, England (Reuters) - It was once the home of Britain's codebreakers during World War Two. Now more than 70 years later, Bletchley Park is preparing to host the UK's first national college of cyber education, with a first intake of students starting in September 2018.

Toyota says aims to develop advanced electric-car battery in a few years

TOKYO (Reuters) - Toyota Motor Corp said it aims to develop a new, more advanced electric-car battery "in a few years" that will allow the Japanese automaker to come up with an electrified vehicle with driving range and battery life enhanced by up to 15 percent.

Personal data for more than 130,000 sailors hacked: U.S. Navy

WASHINGTON (Reuters) - Hackers gained access to sensitive information, including Social Security numbers, for 134,386 current and former U.S. sailors, the U.S. Navy said on Wednesday.