Yahoo hack may become test case for SEC data breach disclosure rules

WASHINGTON (Reuters) - Yahoo's disclosure that hackers stole user data from at least 500 million accounts in 2014 has highlighted shortcomings in U.S. rules on when cyber attacks must be revealed and their enforcement.

German lawyer makes hate-speech complaint against Facebook

FRANKFURT (Reuters) - German prosecutors are again considering whether to press charges against Mark Zuckerberg and other Facebook executives for failing to staunch a tide of racist and threatening posts on the social network during an influx of migrants into Europe.

BMW says it plans to offer electric X3 SUV and Mini models

(Reuters) - German luxury auto maker BMW AG said Friday it will offer all electric versions of its next generation BMW X3 compact sport utility vehicle and electric Mini models, expanding its entries in the emerging electric luxury vehicle market.

Qualcomm to fight EU antitrust charge at November 10 hearing: sources

BRUSSELS (Reuters) - U.S. chipmaker Qualcomm will attempt to fend off EU antitrust charges at a hearing on Nov. 10 that it used anti-competitive methods to squeeze out a rival, two people familiar with the matter said on Friday.

Data storage provider Nutanix soars in market debut

(Reuters) - Shares of Nutanix Inc , an unprofitable provider of enterprise data storage, soared more than 80 percent in their market debut on Friday, highlighting demand for tech offerings in what has been a generally quiet year for IPOs.

Cognizant says conducting corruption investigation, shares slump

(Reuters) - IT services provider Cognizant Technology Solutions Corp said on Friday it was conducting an internal investigation into possible violations of the U.S. Foreign Corrupt Practices Act and other laws.

Avast not done with deal-making after AVG buy, but no rush

PRAGUE (Reuters) - Avast Software, maker of the world's most popular computer antivirus program, will need a year to absorb its $1.3 billion buy of rival AVG but may seek further acquisitions before an expected flotation, its chief executive said in an interview.

Rosetta crash lands on comet, brings historic mission to an end

BERLIN (Reuters) - The European Space Agency said the Rosetta spacecraft has crash-landed on a comet after an historic 12 years spent chasing it across more than 6 billion kilometers of space.

Rangers try gaming technology to protect African wildlife

NAIROBI (Reuters) - The campaign to track down poachers and protect endangered species in Africa's embattled reserves is tapping into the technology used in the virtual world of online poker and other computer games.

Cyprus court orders extradition of Egyptian hijacker

ATHENS (Reuters) - A court in Cyprus on Friday ordered the extradition of an Egyptian who hijacked an aircraft with a fake explosive belt, diverting it to the island in March.

Samsung slammed by Chinese state TV over Note 7 recall 'discrimination'

A Samsung Electronics' Galaxy Note 7 new smartphone is displayed at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo

Takeaway.com valued at 993 million euros in IPO

AMSTERDAM (Reuters) - Takeaway.com, the online food ordering service, said on Friday its shares had been priced at 23 euros each in its initial public offering, giving it a market capitalization of 993 million euros ($1.1 billion).

Sharp says to invest 57.4 billion yen in OLED business

A man using his mobile phone walks past Sharp Corp's liquid crystal display monitors showing the company logo in Tokyo, Japan, March 30, 2016. REUTERS/Yuya Shino/File Photo

New California law allows test of autonomous shuttle with no driver

SAN FRANCISCO (Reuters) - A bill signed into law on Thursday by California Governor Jerry Brown allows a self-driving vehicle with no operator inside to test on a public road, a key step enabling a private business park outside San Francisco to test driverless shuttles.

Elliott Management takes 8.1 percent stake in Mentor Graphics

(Reuters) - Activist hedge fund Elliott Management said it picked up an 8.1 percent stake in electronics hardware supplier Mentor Graphics Corp , a few months after Carl Icahn exited the company.

Salesforce urges EU to probe Microsoft, Linkedin antitrust issues

A 3D printed logo of Microsoft is seen in front of a displayed LinkedIn logo in this illustration taken June 13, 2016. REUTERS/Dado Ruvic/Illustration

Nutanix IPO shows risks of 'unicorn' valuations

SAN FRANCISCO (Reuters) - In the run-up to its initial public offering, cloud computing company Nutanix scrambled to avoid a situation that has increasingly marred technology IPOs: a price that's below the most recent private funding round.

Google rebrands cloud business, adds more artificial intelligence

(Reuters) - Alphabet Inc's Google said on Thursday it renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company's latest gambit to better compete with Amazon.com and Microsoft Corp. in the lucrative cloud business.

Video game makers extend months-long rally with new titles on tap

SAN FRANCISCO (Reuters) - Shares of video game maker Activision Blizzard and rival Electronic Arts extended months-long Wall Street rallies in September as investors eyed new versions of high-profile franchises such as "FIFA" and "Call of Duty," analysts said.

'Farmville' creator Zynga names former EA executive CFO

(Reuters) - "Farmville" creator Zynga Inc on Thursday appointed Gerard Griffin as its chief financial officer, adding another Electronic Arts Inc executive to its top ranks.

Indian bitcoin company raises $1.5 million from U.S., Indian investors

NEW YORK (Reuters) - Unocoin, a Bangalore-based bitcoin startup, has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday.

Qualcomm in talks to buy NXP Semiconductors: WSJ

A Qualcomm company bus used to transport employees among its many buildings is shown in San Diego, California November 3, 2015. REUTERS/Mike Blake

German retailer Media Markt tests home delivery by robot

DUESSELDORF (Reuters) - German consumer electronics retailer Media Markt is testing using robots to make home delivery of goods faster and more cost effective, although for now they have to be accompanied by a human minder.

Udacity's self-driving car engineering degree lures over 11,000 hopefuls

SAN FRANCISCO (Reuters) - Silicon Valley online education platform Udacity has already received more than 11,000 applicants for its so-called nanodegree in self-driving car engineering, Udacity president and Google X founder Sebastian Thrun said.

Tesla crashes into bus in Germany; driver says used Autopilot

FRANKFURT (Reuters) - A Tesla car whose driver said he was using the "Autopilot" driving assistance system crashed into a bus on a motorway in northern Germany on Wednesday, police in the German town of Ratzeburg said on Thursday.

‘Money Mule’ Gangs Turn to Bitcoin ATMs

Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are then asked to withdraw the fund...

Continue reading

‘Money Mule’ Gangs Turn to Bitcoin ATMs

Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are then asked to withdraw the fund...

Continue reading

Microsoft sharpens AI focus with new research group

(Reuters) - Microsoft Corp said on Thursday it created a new artificial intelligence unit, as the company pushes deeper into the fast-growing field.

Banks tighten SWIFT system security after hacks

GENEVA (Reuters) - Banks are tightening the security of their SWIFT messaging networks – used by the industry to shift trillions of dollars each day – following revelations that hackers are increasingly able to get into this system to steal money.

Deutsche Bank opens digital factory, hires 400 specialists

FRANKFURT (Reuters) - Deutsche Bank opened a center for software developers and IT and financial specialists in Frankfurt on Thursday, joining other lenders in developing products for digital banking.