TORONTO (Reuters) - The chief executive of BlackBerry said on Monday that he is two-thirds of the way to achieving his goal of turning the Canadian company's fortunes around.
Exclusive: Viacom readies $1 billion bond offering - sources
NEW YORK (IFR) - Viacom Inc is preparing to go to market this week with a bond offering that is expected to total $1 billion, part of the struggling media company's plan to boost liquidity, three sources told Reuters.
SWIFT says bank hacks set to increase
GENEVA (Reuters) - SWIFT, whose messaging network is used by banks to send payment instructions worth trillions of dollars each day, said three clients were hacked over the summer and cyber attacks on banks are set to increase.
Senator Warner seeks SEC probe of Yahoo disclosure on hacking
WASHINGTON (Reuters) - Democratic Senator Mark Warner on Monday asked the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the public about a hacking attack affecting 500 million user accounts.
EU's 'sharing economy' stifled by petty rules on coat hangers to light bulbs
BRUSSELS (Reuters) - Europe's bid to champion the "sharing economy" is being undermined in the short-term rental sector by capitals imposing petty rules such as dictating the number of coat hangers home-owners must provide, a complaint filed to the European Commission says.
Renault, Nissan partner with Microsoft for connected car technology
(Reuters) - Renault SA's carmaking alliance with Nissan Motor Co is partnering with Microsoft Corp to develop cloud-based services for cars, a step toward the group's plans to build self-driving automobiles by 2020.
LVMH's digital drive takes time despite Apple hire
PARIS (Reuters) - When LVMH hired former Apple music executive Ian Rogers to craft a digital strategy, investors may have hoped for some quick results. If so, they are probably disappointed.
Chinese wanderlust drives rapid growth for payment platform Alipay
SHANGHAI (Reuters) - China's Alipay payment platform has inked deals with 10 overseas airports as it looks to expand on the back of Chinese consumers' growing appetite for travel, and has already signed up more than 80,000 merchants worldwide, a senior executive said on Monday.
Canvas Ventures raises $300 million fund to back startups
SAN FRANCISCO (Reuters) - Silicon Valley venture capital firm Canvas Ventures has raised a $300 million fund to make new investments into startups working on fintech, healthcare, artificial intelligence and other cutting-edge technology.
UAE to introduce new laws soon to regulate drones
ABU DHABI (Reuters) - The United Arab Emirates will finalize laws to more heavily regulate the sale of drones and their operations soon, aiming to minimize risks posed by unmanned aerial vehicles, an official at the aviation regulator said on Monday.
Didi Chuxing invests 'tens of millions' in Chinese bike-sharing platform
SHANGHAI (Reuters) - Chinese ride-hailing service Didi Chuxing on Monday said it has invested "tens of millions of dollars" in the country's largest bicycle-sharing platform ofo, as it looks to provide its users with more transportation options.
Exclusive: Thailand considering tougher tax collection rules for internet, tech firms
BANGKOK (Reuters) - Thailand is studying plans for tougher tax collection rules governing internet and technology firms, according to the head of the country's Revenue Department.
HERE, automakers team up to share data on traffic conditions
LONDON (Reuters) - German digital map maker HERE will introduce a new set of traffic services this week that allows drivers to see for themselves what live road conditions are like miles ahead using data from competing automakers, an industry first.
The Democratization of Censorship
John Gilmore, an American entrepreneur and civil libertarian, once famously quipped that “the Internet interprets censorship as damage and routes around it.” This notion undoubtedly rings true for those who see national governments as the principal threats to free speech. However, events...
The Democratization of Censorship
John Gilmore, an American entrepreneur and civil libertarian, once famously quipped that “the Internet interprets censorship as damage and routes around it.” This notion undoubtedly rings true for those who see national governments as the principal threats to free speech. However, events...
Tencent to donate 2 percent of profit as Chinese online charity grows
HONG KONG (Reuters) - Chinese billionaire Pony Ma Huateng, the founder of internet group Tencent, on Friday said his company would donate 2 percent of its annual profit to charity and flagged growth in the use of mobile internet in China's philanthropy sector.
Samsung Electronics delays South Korea re-start of Note 7 sales by three days
SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Sunday it was delaying the start of new Galaxy Note 7 smartphone sales in South Korea by three days to Oct. 1, a move it says is needed for speedy completion of the ongoing recall in the country.
Snapchat to offer camera-equipped sunglasses in first hardware push
NEW YORK (Reuters) - Snap Inc, the newly renamed parent company of messaging app Snapchat, plans to start selling camera-equipped sunglasses starting this fall, Chief Executive Evan Spiegel told the Wall Street Journal in an interview.
Trump Hotels settles with N.Y. Attorney General over data breaches
NEW YORK (Reuters) - Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric Schneiderman announced on Friday.
Facebook apologizes for overstating key ad metric
(Reuters) - Facebook Inc on Friday apologized for an error in the way it measured a key metric of video viewership that significantly amplified users' viewing times on its platform.
IBM, China UnionPay complete block chain pilot project on bank loyalty points
NEW YORK (Reuters) - IBM said on Friday it completed a pilot project with Chinese credit card company China UnionPay that will facilitate the sharing of loyalty bonus points among banks using block chain technology.
After Yahoo data breach, some angry users close accounts
(Reuters) - Many Yahoo users rushed on Friday to close accounts, some of which they had not used in years, after the internet company announced it suffered one of the world's largest cyber breaches.
SpaceX blast investigation suggests breach in oxygen tank's helium system
DALLAS (Reuters) - A SpaceX rocket that burst into flames on its launch pad early this month likely suffered a large breach in its upper-stage helium tank, the company said on Friday.
Twitter moving closer to sale: possible suitors salesforce, Google: CNBC
(Reuters) - Twitter Inc is moving closer to a sale, according to a CNBC report, sending the microblogger's shares up more than 17 percent in premarket trading.
Samsung phone emits smoke on Indian plane mid-air, no damage
NEW DELHI (Reuters) - A Samsung Electronics smartphone sent smoke from an overhead baggage compartment on an Indian commercial plane during a flight on Friday, India's aviation regulator said, but there was no damage and the aircraft landed safely.
China's Huawei to start India smartphone production in Oct
MUMBAI/BEJING (Reuters) - Chinese telecoms giant Huawei Technologies Co Ltd [HWT.UL] will start making smartphones in India next month, the company said on Friday, joining a wave of compatriots setting up plants in the world's third-biggest mobile market.
Tencent to donate 2 percent of profit as Chinese online charity grows
HONG KONG (Reuters) - Chinese billionaire Pony Ma Huateng, the founder of internet group Tencent, on Friday said his company would donate 2 percent of its annual profit to charity as mobile technology and new philanthropy laws in China make donations easier.
Tanzanian lecturer charged with insulting president on WhatsApp
DAR ES SALAAM (Reuters) - A Tanzanian lecturer has been charged with insulting President John Magufuli in a WhatsApp message, a senior police official said on Friday, bringing the number of people charged under a tough new cybercrimes law to 10.
Exclusive: Japan's antitrust watchdog considers action against Apple, carriers - sources
TOKYO (Reuters) - Japanese regulators are considering taking action against Apple Inc over possible antitrust violations that may have helped it dominate the nation's smartphone sales, government sources said, a move that could hit the company's profit margins in one of its most profitable markets.
Samsung Europe executive sees Note 7 across region by late November
FRANKFURT (Reuters) - Samsung Electronics aims to re-launch its flagship Note7 smartphone across Europe well before year-end, but it could well be 2017 before the company fully rebounds from a global product recall tied to defective batteries, a regional executive said on Thursday.