A robot arm of German industrial robot maker Kuka is pictured at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay German robotics maker Kuka (KU2G.DE) is on the brink of agreeing to an investor agreement with Chinese bidder Midea (000333.SZ) t...
Line, the biggest tech IPO of the year, struggles to show its growth plan can work
In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial reporting controls, work on its business plan, bolster staffing - and left billions of dollars on the table as its valuation shriveled. Line's initial public offering in the next three we...
Alipay could take stake in Wirecard: report
A sales assistant sits behind and under Alipay logos at a train station in Shanghai, February 9, 2015. Reuters/Aly Song/File Photo Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking ...
SolarCity recuses two more board members from voting on Tesla offer
Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. Reuters/Rashid Umar Abbasi/File Photo Two additional SolarCity Corp board members with ties to Elon Musk are recusing themselves from making decisions regardin...
China tightens controls on paid-for internet search ads
A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. Reuters/Edgar Su China's internet regulator said on Saturday that search engines should tighten management of paid-for ads in search results, making c...
'Investing for good' gains appeal amid rocky tech startup market
As valuations flounder for Silicon Valley startups once worth billions of dollars, investor interest is on the rise in startups with both financial and social benefits, such as healthcare software for poor communities or low cost solar panels for homes. So-called "impact investing" rose to $15.2 bil...
Exclusive: Google, Facebook quietly move toward automatic blocking of extremist videos
Some of the web’s biggest destinations for watching videos have quietly started using automation to remove extremist content from their sites, according to two people familiar with the process. The move is a major step forward for internet companies that are eager to eradicate violent propagan...
Citigroup resolves 'technical issue' that left accounts frozen
A Citigroup office is seen at Canary Wharf in London, Britain May 19, 2015. Reuters/Suzanne Plunkett Citigroup Inc said on Friday it resolved a technical issue that had left customers unable to access their accounts remotely. Customers had taken to social media to complain about the major outage. "W...
Collaborative robots open new fronts in automation
A Baxter robot of Rethink Robotics picks up a business card as it performs during a display at the World Economic Forum (WEF), in China's port city Dalian, Liaoning province, China, September 9, 2015. Reuters/Jason Lee Robots that work as assistants alongside people are set to upend the world of ind...
TD Ameritrade, Fidelity problems rile social media users
Social media users flooded TD Ameritrade's (AMTD.O) and Fidelity Investments' Twitter feeds with irate messages on Friday, as customers struggled to access their accounts with the online brokers. The apparent problems came on the heels of a British referendum to leave the European Union, or Brexit. ...
U.S. charges Filipino man with hacking accounts of celebrities
A Filipino man has been criminally charged in New Jersey with running a large and sophisticated scheme to hack into the bank and credit card accounts of well-known or celebrity customers, U.S. prosecutors said. According to an indictment made public on Friday, Peter Locsin, 35, conspired with others...
How to Spot Ingenico Self-Checkout Skimmers
A KrebsOnSecurity story last month about credit card skimmers found in self-checkout lanes at some Walmart locations got picked up by quite a few publications. Since then I’ve heard from several readers who work at retailers that use hundreds of thousands of these Ingenico credit car...
How to Spot Ingenico Self-Checkout Skimmers
A KrebsOnSecurity story last month about credit card skimmers found in self-checkout lanes at some Walmart locations got picked up by quite a few publications. Since then I’ve heard from several readers who work at retailers that use hundreds of thousands of these Ingenico credit car...
German court hands Springer partial victory in ad-blocking case
The logo of the German publisher Axel Springer is seen outside its headquarters in Berlin in this August 7, 2013 file photo. Reuters/Thomas Peter A German court on Friday handed publisher Axel Springer a material win in its fight against so-called ad-blockers, which users can install on computers or...
EU, United States agree changes to strengthen data transfer pact
The European Union and the United States have agreed changes to a data transfer pact that is key to transatlantic business, including stricter rules for companies holding information on Europeans and clearer limits on U.S. surveillance. The revised EU-U.S. Privacy Shield was sent for review by Europ...
Lyft wins approval of driver settlement from U.S. judge
A U.S. judge granted preliminary approval to ride service Lyft's $27 million settlement of a class action lawsuit brought by California drivers who claimed they should be deemed employees instead of independent contractors. U.S. District Judge Vince Chhabria in San Francisco had previously rejected ...
Florida man brags about burglary on Facebook, lands him in jail
A Florida burglar who posted a Facebook video bragging about a $500,000 jewelry haul has landed himself and one of his accomplices in jail, police said on Thursday. Officers from Pinecrest, Florida said they arrested Raderius Glenn Collins, 18, after he uploaded the video to Facebook on May 27. His ...
New app asks users to fight sex trafficking by snapping photos
NEW YORK (Thomson Reuters Foundation) - Smartphone users in the United States can try to help catch sex traffickers with a newly introduced app designed to identify hotel rooms where victims are held.
Democrat gun control sit-in sparks social media sensation
(Reuters) - A blackout of television cameras in the U.S. House Representatives during the Democrats' gun control sit-in may have spurred public interest in the protest as it forced the demonstrators to use social media to broadcast their message.
Bond group grows amid Brazil's Oi bankruptcy plan, sources say
SAO PAULO (Reuters) - A group representing holders of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA is growing, two sources familiar with the matter said, underscoring the challenges facing Brazil's largest fixed-line phone carrier as it enters bankruptcy protection proceedings.
Arista infringes Cisco networking patents, trade agency rules
The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young/File Photo Network equipment maker Cisco Systems Inc won a key victory in a sprawling legal battle with rival Arista Networks Inc on Thursday as the ...
Jeff Jacobson to take over as Xerox Corp CEO after split
The logo of Xerox company is seen on a building in Minsk, Belarus, March 21, 2016. Reuters/Vasily Fedosenko Xerox Corp (XRX.N) said Jeff Jacobson, the president of its technology unit, would take over as chief executive after the company splits its business process outsourcing unit into a separate, ...
Behind those Amazon Prime boxes, a bull market in warehouses
Workers prepare outgoing shipments at an Amazon Fulfillment Center, ahead of the Christmas rush, in Tracy, California, November 30, 2014. Reuters/Noah Berger With Amazon and other e-commerce sites continuing to take market share from malls and other physical retailers, U.S. mutual fund managers are ...
HP, Apple top list of tech companies fighting forced labor risk
Apple Inc. CEO Tim Cook leads a moment of silence for the victims of the attack in Orlando as he opens the company's World Wide Developers Conference in San Francisco, California June 13, 2016. Reuters/Stephen Lam NEW YORK (Thomson Reuters Foundation) - HP Inc and Apple Inc topped a list issued on T...
Saudi prince aims for Silicon Valley appeal to gleam at home
The powerful young prince behind modernizing reforms in Saudi Arabia presents himself as the champion of his nation's plugged-in youth, and his visit to Silicon Valley this week sought to bolster that image. The 31-year-old Deputy Crown Prince Mohammed bin Salman has unabashedly pitched his "Vision ...
Tech 'unicorn' Twilio leaps in debut
Shares of software maker Twilio Inc surged as much as 70 percent in their debut on Thursday, raising hopes that investor appetite for U.S. tech IPOs is finally returning. Twilio's strong debut, which valued the company at as much as $2.10 billion, coincided with a rally in global stock markets on in...
Kuka investor tenders stake to Chinese bidder: sources
A Kuka technician programs a robot arm of German industrial robot maker Kuka at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay German mechanical engineering group Voith [VOITH.UL] is selling its 25.1 percent stake in robotics maker Kuka to C...
BlackBerry reports first-quarter revenue slump
A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada in this June 23, 2015 file photo. Reuters/Mark Blinch/Files BlackBerry Ltd broke even in the first quarter, topping expectations, and forecast a smaller-than-expected a...
Accenture net revenue rises 8.6 percent
Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona, February 26, 2013. Reuters/Albert Gea/File Photo Consulting and outsourcing company Accenture Plc reported an 8.6 percent rise in quarterly net revenue, driven by higher demand from customers in North America. The...
U.S. Supreme Court weighs review of canceled patent on prenatal test
The courtroom of the U.S. Supreme Court is seen in Washington, U.S. April 4, 2016. Reuters/Jonathan Ernst Companies, trade groups and universities who fear that many important discoveries may no longer qualify for patents are among a broad coalition urging the U.S. Supreme Court to review the cancel...