Mesitis' co-founder and CEO Tanmai Sharma speaks to journalists during the Reuters Global Wealth Management Summit in Singapore, June 15, 2016. Reuters/Raj Narwani Financial technology firm Mesitis Pte Ltd plans to launch a robo-advisory business for high net worth individuals in the next two months...
SoftBank sees up to $2.4 billion profit on Alibaba share sale this business year
A worker at an electronics store steps opens a door printed with the logo of Softbank Corp, Japan's third-biggest wireless carrier, in Tokyo October 29, 2008. Reuters/Kim Kyung-Hoon/File Photo SoftBank Group Corp said on Wednesday it expects to book a profit of between 200 billion yen and 250 billio...
French killer's Facebook broadcast underscores live video challenges
A frame grab from an online video posted by Larossi Abballa, the suspected attacker. Reuters/Reuters Tv After Larossi Abballa killed a French police commander and the commander's partner on Tuesday, he took to Facebook Live to encourage viewers in a 12-minute video to follow his example: Kill prison...
Electric car startups fueled by Chinese money aim to catch Tesla
A few miles from Tesla Motors Inc's Palo Alto headquarters, a Silicon Valley startup plans to challenge the electric car maker with a rival family of vehicles designed and built in the United States with major backing from Chinese investors. Atieva plans to put a premium electric sedan on the road i...
Investors' new book prescribes data to thrive as a start-up
Author Tomasz Tunguz poses in this April 15, 2015 photo. Courtesy of Michael Winokur/Redpoint/Handout via Reuters Most entrepreneurs know data can transform an organization, but few fully understand how to tap into it to give them an edge, according to a new book called "Winning With Data." Written ...
Twitter makes $70 million investment in music service SoundCloud: Re/code
A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc has invested about $70 million in Berlin-based music service SoundCloud, technology website Re/code reported citing pe...
Bank of Tokyo-Mitsubishi says testing its own digital currency
People are reflected in the logo of Mitsubishi UFJ Financial Group's bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. Reuters/Thomas Peter Bank of Tokyo-Mitsubishi UFJ confirmed on Tuesday it is conducting experiments on a digital currency utilizing the technology behind the virtua...
Microsoft Patches Dozens of Security Holes
14Jun 16 Microsoft Patches Dozens of Security Holes Microsoft today released updates to address more than three dozen security holes in Windows and related software. Meanwhile, Adobe — which normally releases fixes for its ubiquitous Flash Player alongside Microsoft’s monthly Patch ...
Microsoft Patches Dozens of Security Holes
14Jun 16 Microsoft Patches Dozens of Security Holes Microsoft today released updates to address more than three dozen security holes in Windows and related software. Meanwhile, Adobe — which normally releases fixes for its ubiquitous Flash Player alongside Microsoft’s monthly Patch ...
Midea to publish takeover offer for German robot maker Kuka on Thursday: sources
Products of Midea are seen at a shop in Beijing, China, May 18, 2016. Reuters/Kim Kyung-Hoon - RTSEST2 China's Midea Group Co Ltd is preparing to publish its previously announced takeover bid for German factory robot maker Kuka on Thursday, two people familiar with the plans told Reuters on Tuesday....
U.S. appeals court rejects challenge to Obama net neutrality rules
An internet cable is seen at a server room in this picture illustration taken in Warsaw January 24, 2012. Reuters/Kacper Pempel A U.S. appeals court on Tuesday upheld the Federal Communications Commission's landmark net neutrality rules, a big boost to the Obama administration and a blow to internet...
Cisco invests 15 mln dollars in Israeli storage firm Elastifile
Cisco Systems (CSCO.O) has invested $15 million in Israeli storage software start-up Elastifile, bringing total investment this year to $50 million, Elastifile said on Tuesday. Elastifile, which helps enterprises scale out primary storage, has said the additional funds would enable it to aggressivel...
Seattle, cloudy with a chance of technology upgrades
The skyline of Seattle, Washington, U.S. is seen in a picture taken March 12, 2014. Reuters/Jason Redmond/File Photo For Seattle, home to cloud technology powerhouses Amazon Inc (AMZN.O) and Microsoft Corp (MSFT.O), the process of upgrading the city's data systems is moving more at glacial dial-up s...
Finland, home to Nokia and jobless engineers, struggles to fill tech jobs
Finland, whose once-renowned technology sector shed 15,000 jobs with the demise of Nokia's (NOKIA.HE) mobile phone business, is struggling to fill thousands of vacancies for software developers because it lacks people with the right skills. At the same time, technology firms say immigration policies...
Nissan to develop ethanol-based fuel cell technology by 2020
A Nissan Motor logo is seen at the company's global headquarters in Yokohama, south of Tokyo April 7, 2010. Reuters/Issei Kato Nissan Motor Co (7201.T) said on Tuesday it was developing fuel cell vehicle (FCV) technology using ethanol as a hydrogen source in what would be an industry first, and plan...
U.S. sees progress in latest cyber talks with China
The United States is pleased to see progress has been made with China on information sharing about cyber threats, a senior U.S. official said on Tuesday during the latest round of cyber security talks between the two countries. Cyber security has long been an irritant in relations between China and ...
Apple enhances Siri but still trails in artificial intelligence race
Apple unveiled a series of improvements to its Siri digital assistant on Thursday, but the tech giant still trails rivals such as Google and Amazon in the red-hot field of artificial intelligence, experts say. Apple's biggest move was to open up the talking iPhone assistant to third-party developers...
Yahoo Mail could get boost if bought by mobile firm
A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, December 12, 2012. Reuters/Denis Balibouse/File photo Yahoo Inc's venerable email system could have a better shot at challenging category crusher Gmail if a telecommunications company wins a Yahoo asset auctio...
Uber offers helicopters to escape Sao Paulo gridlock
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Illustration/File Photo For commuters who imagine soaring above Sao Paulo's notorious traffic jams, ride-h...
ATM Insert Skimmers In Action
13Jun 16 ATM Insert Skimmers In Action KrebsOnSecurity has featured several recent posts on “insert skimmers,” ATM skimming devices made to fit snugly and invisibly inside a cash machine’s card acceptance slot. I’m revisiting the subject again because I’ve recently...
ATM Insert Skimmers In Action
13Jun 16 ATM Insert Skimmers In Action KrebsOnSecurity has featured several recent posts on “insert skimmers,” ATM skimming devices made to fit snugly and invisibly inside a cash machine’s card acceptance slot. I’m revisiting the subject again because I’ve recently...
Microsoft unveils new Xbox console at E3
Microsoft Corp (MSFT.O) launched a new version of its Xbox One console at the video game conference E3 in Los Angeles on Monday, bringing newer features such as support for 4K videos and high dynamic range imagery. The new console Xbox One S, which will be smaller than the Xbox One, will be availabl...
Netflix investors back proxy access for second year
The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. Reuters/Mike Blake Netflix Inc shareholders approved a proposal for the second year in a row calling on the streaming-video provider to grant investors so-called "proxy access" rights to run director...
FAA proposes fining Amazon $350,000 for hazardous package
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar/File Photo The U.S. Federal Aviation Administration said on Monday it is proposing a $350,000 civil fine against Amazon.com Inc (AMZN.O) for allegedly violating hazardous materi...
Hungarian parliament passes law that could block Uber sites
Hungary passed legislation on Monday which could curb the activities of Uber after months of protests by taxi drivers, following in the footsteps of other countries that have banned some of its ride-hailing services. Under the new law, the Hungarian national communications authority can block Intern...
Microsoft to buy LinkedIn for $26.2 billion
Microsoft Corp (MSFT.O) agreed to buy LinkedIn Corp (LNKD.N) for $26.2 billion in its biggest-ever deal, combining the software giant's fast-growing cloud services business with the world's largest online network for professionals. The offer of $196 per share represents a premium of 49.5 percent to ...
Salesforce.com Inc hires prominent hacking expert Trey Ford
A Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco, California November 18, 2013. Reuters/Robert Galbraith Cloud computing giant Salesforce.com Inc said prominent computer hacking expert Trey Ford will join the company's Heroku unit as its head of trust, startin...
Nokia signs $1.5 billion framework deal with China Mobile
The Extraordinary General Meeting (EGM) of Nokia Corporation will be held at Helsinki Ice Hall, Finland December 2, 2015. Reuters/Vesa Moilanen/Lehtikuva Nokia has signed a 1.36 billion euro ($1.5 bln) one-year framework deal with China Mobile, the Finnish company said on Monday, easing fears that i...
Apple expected to showcase new powers for Siri at developer event
A 3D printed Apple logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016. Reuters/Dado Ruvic/Illustration/File Photo Apple Inc is expected to show off new abilities for its Siri digital assistant on Monday by debuting tools to let developers work with the company...
Fears in China's 'Silicon Valley' that property boom will hurt tech boom
People cross a street at Nanshan district focusing on technology sectors in Shenzhen, China September 14, 2015. Reuters/Bobby Yip A housing boom in China's wannabe "Silicon Valley" of Shenzhen risks undermining the city's tech boom as young professionals consider moving out to avoid the highest resi...