In the wake of megabreaches at some of the Internet’s most-recognized destinations, don’t be surprised if you receive password reset requests from numerous companies that didn’t experience a breach: Some big name companies — including Facebook and Netflix — are in the h...
Password Re-user? Get to Get Busy
In the wake of megabreaches at some of the Internet’s most-recognized destinations, don’t be surprised if you receive password reset requests from numerous companies that didn’t experience a breach: Some big name companies — including Facebook and Netflix — are in the h...
Medtronic expects revenue from surgical robot in fiscal 2019
Medtronic Plc, the world's largest standalone medical device maker, said on Monday it expects a robotic surgical system it is developing to make a meaningful contribution to company revenue beginning in fiscal 2019. Medtronic will launch the surgical robot before the 2019 fiscal year, with the first...
T-Mobile to give each customer one share, launches gift app
The logo of T-Mobile Austria is seen outside of one of its shops in Vienna, Austria, February 25, 2016. Reuters/Leonhard Foeger T-Mobile US Inc (TMUS.O) said on Monday it will give a full share of the wireless company's stock to every primary postpaid account holder to turn its customers into shareh...
United Technologies Aerospace 6 percent growth, eyes M&A
United Technologies Aerospace Systems (UTX.N) expects compound annual revenue growth to average 6 percent over the next five years, and is looking for acquisitions in four key areas, an executive said on Monday. The company is looking for acquisitions in avionics, interiors, structures and hydraulic...
Facebook founder Zuckerberg's social media accounts restored after alleged hack
Facebook Chief Executive Mark Zuckerberg's Twitter and Pinterest accounts have been resecured, a spokesman from the social media platform said on Monday, responding to questions about weekend media reports that the founder's sites had been hacked. Zuckerberg's Twitter and Pinterest accounts were com...
Supreme Court rejects Google appeal in class action dispute
A Google carpet is seen at the entrance of the new headquarters of Google France before its official inauguration in Paris, France December 6, 2011. Reuters/Jacques Brinon/Pool/File Photo The U.S. Supreme Court on Monday rejected Google Inc's bid to throw out a class action lawsuit involving claims ...
Deutsche Bank ends plans for U.S. digital bank: memo
People pose for pictures with the emblem of Deutsche Bank during the bank's annual general meeting in Frankfurt, Germany, May 19, 2016. Reuters/Kai Pfaffenbach Deutsche Bank (DBKGn.DE) is ending plans to set up a new digital banking service in the United States, according to an internal memo from Ch...
Oracle whistleblower suit raises questions over cloud accounting
The Oracle logo is seen on its campus in Redwood City, California June 15, 2015. Reuters/Robert Galbraith A whistleblower lawsuit filed against Oracle Corp (ORCL.N) over its accounting practices underscores the pressures established computer companies face to show that they are growing in the fast-m...
Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those sam...
Chinese target Kuka would assess any European bid: report
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 industrial robot maker Kuka (KU2G.DE) would assess a possible European takeover bid but it is wrong to assu...
Key player in Silk Road successor site gets eight years in U.S. prison
The alleged homepage to Silk Road 2.0, the successor website to Silk Road, is seen in a screenshot labelled Exhibit A from a U.S. Department of Justice (DOJ) criminal complaint filed against Blake Benthall November 6, 2014. Reuters/DOJ/Handout via Reuters A Washington state man was sentenced on Frid...
SoftBank adds to Alibaba sale, bringing total to $10 billion
SoftBank Group Corp (9984.T) said on Friday it was selling a further $1.1 billion of its shares in Alibaba Group Holding Ltd (BABA.N), bringing the total it has sold in the Chinese e-commerce company to $10 billion. Separately, SoftBank agreed to sell most of its remaining stake in mobile gaming com...
Banks: Credit Card Breach at CiCi’s Pizza
CiCi’s Pizza, an American fast food business based in Coppell, Texas with more than 500 stores in 35 states, appears to be the latest restaurant chain to struggle with a credit card breach. The data available so far suggests that hackers obtained access to card data at affected restaurant...
Banks: Credit Card Breach at CiCi’s Pizza
CiCi’s Pizza, an American fast food business based in Coppell, Texas with more than 500 stores in 35 states, appears to be the latest restaurant chain to struggle with a credit card breach. The data available so far suggests that hackers obtained access to card data at affected restaurant...
Wal-Mart says tech investments will boost online sales
A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. Reuters/Nacho Doce Wal-Mart Stores Inc executives touted the technology investments the world's No. 1 retailer is making to boost online sales, during the annual shareholder meeting on Friday. Chief...
New York state launches inquiry of online lenders
New York state's financial regulator sent a letter to 28 companies this week requesting information about their online lending activities, according to a person familiar with the matter and a copy of the letter seen by Reuters. The New York Department of Financial Services sent the letter to San Fra...
Tony Fadell, CEO of Alphabet Inc's Nest, to step down
Honoree and founder of Nest, Tony Fadell, arrives at the Time 100 gala celebrating the magazine's naming of the 100 most influential people in the world for the past year in New York April 29, 2014. Reuters/Lucas Jackson Alphabet Inc unit Nest, which makes smart thermostats, said Chief Executive Ton...
Exclusive: Congress probes Fed's cyber breaches, seeks records dating back to '09
A U.S. congressional committee has launched an investigation into the Federal Reserve's cyber security practices after a Reuters report revealed more than 50 cyber breaches at the U.S. central bank between 2011 and 2015. The House Committee on Science, Space and Technology on Friday sent a letter to...
Epson CEO sees robots with a light touch opening new markets
President of Seiko Epson corporation Minoru Usui poses before a Reuters interview during the opening day of the IFA consumer electronics fair in Berlin, August 31, 2012. Reuters/Tobias Schwarz Technology developed by Epson (6724.T) that enables robots to perform precise tasks, such as putting a key ...
Jobs aggregator Glassdoor raises $40 million in new financing round
U.S. Democratic presidential candidate Hillary Clinton speaks during a Glassdoor Pay Equality Roundtable in New York, April 12, 2016. Reuters/Brendan McDermid Job aggregation website Glassdoor Inc said it has raised $40 million in a new financing round, led by funds advised by T. Rowe Price Associat...
Germany not organizing consortium for alternative Kuka offer: ministry
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 Economy Minister Sigmar Gabriel is not trying to organize an alternative offer for Kuka after Chinese home ...
Amid SEC probe, Jack Ma says hard for U.S. to understand Alibaba: media
Founder and Executive Chairman of Alibaba Group Jack Ma meets Facebook founder and CEO Mark Zuckerberg (not pictured), at the China Development Forum in Beijing, China, March 19, 2016. Reuters/Shu Zhang/File Photo Alibaba Group Holding Ltd, whose accounting practices are under investigation by U.S. ...
Uber hopes to overtake China market leader Didi in 2017: strategy head
A taxi is reflected in a window at the office of taxi-hailing service Uber Inc in Hong Kong, China August 12, 2015. Reuters/Tyrone Siu Ride-hailing app Uber expects to continue on a "rapid growth" path in China, hoping to surpass market leader Didi Chuxing in 2017, Uber China's head of strategy said...
Wal-Mart to test grocery delivery with Uber, Lyft
Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. Reuters/John Gress/Files Wal-Mart Stores Inc will partner with ride hailing services Uber and Lyft to trial online grocery deliveries, as it looks to speed up shipment times and better compete with rivals like Ama...
Dropbox Smeared in Week of Megabreaches
Last week, LifeLock and several other identity theft protection firms erroneously alerted their customers to a breach at cloud storage giant Dropbox.com — an incident that reportedly exposed some 73 million usernames and passwords. The only problem with that notification was that Dropbox ...
Dropbox Smeared in Week of Megabreaches
Last week, LifeLock and several other identity theft protection firms erroneously alerted their customers to a breach at cloud storage giant Dropbox.com — an incident that reportedly exposed some 73 million usernames and passwords. The only problem with that notification was that Dropbox ...
Facebook board seeks curb in Zuckerberg control in event of founder's departure
Facebook Inc's board has proposed removing Mark Zuckerberg's majority voting control in the event of the social media giant's chief executive and founder deciding to exit management at some point in future. In a proxy filing on Thursday with the U.S. Securities and Exchange Commission, Facebook's bo...
Sumner Redstone has capacity to make trust decisions, says his doctor
FILE PHOTO: Sumner Redstone, executive chairman of CBS Corp. and Viacom, arrives at the premiere of 'The Guilt Trip' in Los Angeles December 11, 2012. Reuters/Fred Prouser/File Photo Sumner Redstone's spokesman said the 93-year-old is mentally capable of removing Viacom Inc Chief Executive Philippe ...
Samsung SDS says considering spinning off some of its businesses
An employee walks past a logo of Samsung C&T Corp at the company's headquarters in Seoul, South Korea, July 16, 2015. Reuters/Kim Hong-Ji South Korea's Samsung SDS Co Ltd said on Friday it was considering spinning off its logistics process outsourcing and IT systems services businesses but no de...