Canada's telcos raise cheap money in internet bet, Fed hikes loom

TORONTO (Reuters) - Canadian telecom companies are rushing to secure cheap money to fund acquisitions and big infrastructure projects as their reliance on customer appetite for internet services grows.

Secretive investor Rizvi halves Twitter stake, buys Square stock

(Reuters) - Rizvi Traverse Management LLC, managed by secretive investor Suhail Rizvi, has halved its stake in Twitter Inc and increased its holding in mobile payments company Square Inc, regulatory filings showed on Friday.

Amazon's new UK distribution center to create 500 jobs in 2017

LONDON (Reuters) - Online retailer Amazon plans to create 500 new jobs when it opens another distribution center in northern England next year, it said on Friday.

PokerStars' owner Amaya says Baazov stepped down, profit beats

(Reuters) - Amaya Inc , owner of gambling websites PokerStars and Full Tilt, said Chief Executive David Baazov, who was charged with insider trading by Quebec's securities regulator, stepped down on Thursday.

More airline outages seen as carriers grapple with aging technology

Departure boards show some Delta flights as cancelled flights after Delta Air Lines' computer systems crashed on Monday, grounding flights around the globe, at Hartsfield Jackson Atlanta International Airport in Atlanta, Georgia, U.S. August 8, 2016. REUTERS/Tami Chappell - RTSLUJF

In rule shake-up, Indonesia's Telkom to share network with smaller rivals

JAKARTA (Reuters) - Indonesia's leading state-controlled telecoms operator may be forced to share a key part of its network with smaller rivals, government officials told Reuters, under a landmark proposal to liberalize a $14 billion telecoms sector and speed up the roll-out of broadband coverage ov...

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Pakistan passes controversial cyber-crime law

ISLAMABAD (Reuters) - Pakistan has adopted a much-criticized cyber security law that grants sweeping powers to regulators to block private information they deem illegal.

Europe's biggest software maker SAP ditches annual reviews

FRANKFURT (Reuters) - Germany's SAP , maker of software used to grade the performance of millions of employees worldwide, is ditching its own annual performance reviews as too expensive, time-consuming and often demotivating.

Samsung Elec gets order for Nvidia's next-gen GPUs: Chosun Biz

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd won a contract manufacturing order to make new graphics processing unit (GPU) products for U.S.-based Nvidia Corp, South Korea's Chosun Biz newspaper reported on Friday, citing unnamed sources.

South Korea says investigating whether Google broke antitrust laws

SEOUL (Reuters) - South Korea's antitrust regulator said on Friday it is looking into whether Google has violated the country's anticompetition laws, marking the body's first acknowledgement of a formal scrutiny against the global internet search company.

Back up Your Files

Eventually, we all have an accident or get hacked. And when we do, backups are often the only way to recover. Backups are cheap and easy; make sure you are backing up all of your personal information (such as family photos) on a regular basis.

Taking on Tesla: China's WM Motor sees mass market electric cars

SHANGHAI (Reuters) - It remains more promise than product, but the electric vehicle (EV) sector is drawing more talent from mainstream automakers which are reluctant to go full tilt at the new technology.

Didi's Cheng Wei: Chinese patriot who tamed Uber

BEIJING (Reuters) - Cheng Wei, 34, was once assistant to the head of a foot massage firm. Last week, his company Didi Chuxing bagged Uber's China business in a deal valuing his ride-hailing start-up at $35 billion - a second success in as many years in a grueling battle with a rival.

Gaming, data center strength propels Nvidia to another solid quarter

(Reuters) - Chipmaker Nvidia Corp reported its fastest quarterly sales growth in nearly five years, powered by strong demand for the company's processors used in gaming computers and in data centers.

Barcelona steps up crackdown on Airbnb, threatens further fines

MADRID (Reuters) - Authorities in Barcelona have stepped up a crackdown on homes illegally rented out to tourists via homesharing websites such as Airbnb, ordering hundreds to be removed from listings and hitting firms with a fine, while threatening more in the future.

Twitter denies #SaveTwitter rumors of shutting down in 2017

NEW YORK (Reuters) - Twitter Inc denied on Thursday rumors that the social media messaging service will be shutting down in 2017, denouncing the claim as groundless.

Broker-dealer TradeZero launches first 'dark pool' exchange for bitcoin

NEW YORK (Reuters) - TradeZero, a Bahamas-based online broker-dealer, said on Thursday it had launched the world's first "dark pool" exchange for bitcoin to enable institutional investors to execute large trades.

Foxconn clears China's anti-monopoly review for $3.8 billion deal with Sharp

TOKYO (Reuters) - Taiwan's Foxconn said on Thursday China's anti-monopoly authorities approved its acquisition of Japan's Sharp Corp, paving the way for the world's largest contract electronics manufacturer to seal a $3.8 billion deal.

Road Warriors: Beware of ‘Video Jacking’

A little-known feature of many modern smartphones is their ability to duplicate video on the device’s screen so that it also shows up on a much larger display — like a TV. However, new research shows that this feature may quietly expose users to a simple and cheap new form of digital eav...

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Road Warriors: Beware of ‘Video Jacking’

A little-known feature of many modern smartphones is their ability to duplicate video on the device’s screen so that it also shows up on a much larger display — like a TV. However, new research shows that this feature may quietly expose users to a simple and cheap new form of digital eav...

Continue reading

France says fight against messaging encryption needs worldwide initiative

PARIS (Reuters) - Messaging encryption, widely used by Islamist extremists to plan attacks, needs to be fought at international level, French Interior Minister Bernard Cazeneuve said on Thursday, and he wants Germany to help him promote a global initiative.

Keyless systems of older VW Group cars can be hacked: researchers

FRANKFURT (Reuters) - Tens of millions of vehicles sold by Volkswagen AG over the past 20 years are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, according to European researchers.

Business groups petition China's premier on cyber rules

BEIJING (Reuters) - In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules which they said would hamper trade.

Tackling vices one by one, Philippines president targets online gaming

MANILA/HONG KONG (Reuters) - After unleashing a crackdown on drugs, Philippine President Rodrigo Duterte is turning his guns on a booming online gaming industry, abruptly scrapping one firm's 13-year monopoly this week and denouncing its billionaire chief as a corrupt oligarch.

Arianna Huffington to leave Huffington Post

(Reuters) - Huffington Post co-founder Arianna Huffington said on Thursday she would leave the company to focus on running her new venture, health and wellness startup Thrive Global.

Alibaba's revenue jump 59 percent, GMV increases by a quarter

(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd reported a better-than-expected 59 percent jump in quarterly revenue on Thursday, defying a slowdown in the Chinese economy.

Taiwan police take aim at Pokemon gamers driven to distraction

TAIPEI (Reuters) - The launch of the Pokemon GO game in Taiwan has sparked a sharp rise in traffic violations by commuters using their smartphones to play while driving.

IBM's Watson won Jeopardy, but can it win business from banks?

NEW YORK (Reuters) - International Business Machines Corp is in an unusual fix in telling big U.S. banks they can use its Watson software of Jeopardy-winning fame as a cost-saving solution: bankers say they like it, but cannot afford it.

Google Ventures CEO Bill Maris quits: Recode

(Reuters) - Bill Maris, the chief executive and founder of Alphabet Inc's venture capital arm GV, is leaving the company, Recode reported, citing sources.

Samsung Electronics says to acquire U.S. appliances maker Dacor

SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd said on Thursday it will acquire U.S.-based luxury appliances maker Dacor Inc, seeking to boost high-end product sales.