Baidu Inc's CEO has called on employees to put values before profit in response to a scandal around the death of a student who underwent an experimental cancer treatment he found on the company's search website. Before his death, student Wei Zexi, 21, criticized the military-run hospital that provid...
Uber drivers, if employees, owed $730 million more: U.S. court papers
An Uber car is seen parked with the driver's lunch left on the dashboard in Venice, Los Angeles, California, United States July 15, 2015. Reuters/Lucy Nicholson Drivers who worked for ride-hailing service Uber [UBER.UL] in California and Massachusetts over the past seven years would have been entitl...
Groupon sues 'once-great' IBM over patent
People walk past an IBM logo during the Mobile World Congress in Barcelona, Spain February 25, 2016. Reuters/Albert Gea The online marketplace Groupon Inc has sued IBM Corp, accusing it of infringing a patent related to technology that helps businesses solicit customers based on the customers' locat...
Report claiming bias in Facebook 'trending' topics sparks social media outcry
A Facebook logo is pictured on an Apple's Ipad in Bordeaux, southwestern France, March 10, 2016. Reuters/Regis Duvignau/Illustration Facebook (FB.O) workers have often omitted conservative political stories from the website’s "trending" list, the technology news site Gizmodo said on Monday in ...
SWIFT rejects Bangladeshi claims over $81 million cyber heist
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo SWIFT on Monday rejected allegations by officials in Bangladesh that technicians with the global messaging system made the nation's central bank more vulnerable to hacking before...
Spotify says growth has quickened since Apple Music's launch
Music streaming service Spotify has seen a faster pace of growth since the launch in June last year of rival Apple Music (AAPL.O), a top executive said on Monday. Spotify, which was created in Stockholm 10 years ago, now boasts of having close to 100 million users in more than 59 markets, despite in...
FCC, FTC launch inquiry into mobile device security
A woman uses her mobile phone before a concert in Los Angeles, California March 17, 2016. Reuters/Mario Anzuoni The U.S. Federal Communications Commission and Federal Trade Commission on Monday jointly sent letters to mobile carriers including AT&T Inc, Sprint Corp, Verizon Communications Inc an...
U.S. shuts down international 'psychic' mail fraud
U.S. authorities on Monday said they have shut down a long-running international "psychic" mail fraud operation that bilked more than a million Americans, including many who were elderly or infirm, out of more than $180 million. A federal judge has approved a consent decree that bans Montreal's Info...
Uber, Lyft halt Austin service after losing vote over fingerprint checks
Campaign signs concerning a municipal vote over fingerprint requirements for ride-hailing companies such as Uber and Lyft are seen along a roadway in Austin, Texas, May 6, 2016. Reuters/Jon Herskovitz/File Photo On-demand ride companies Uber and Lyft suspended their services in Austin, Texas, on Mon...
Bahamian accused of hacking celebrities' emails pleads guilty in U.S.
A Bahamian man accused of hacking into celebrities' email accounts to steal unreleased movies and television scripts, personal information and sexually explicit videos that he then tried to sell pleaded guilty on Monday. Alonzo Knowles, who was arrested in December after allegedly trying to sell an ...
Anti-virus software pioneer John McAfee named as CEO of MGT Capital
Computer software pioneer John McAfee speaks with reporters outside his hotel in Miami Beach, Florida December 13, 2012. Reuters/Joe Skipper Anti-virus software pioneer John McAfee has been tapped as CEO of MGT Capital Investments Inc, and said it would buy certain assets of McAfee's anti-spy softwa...
China rules Baidu must rein in healthcare adverts after cancer controversy
A woman is silhouetted against the Baidu logo at a new product launch from Baidu, in Shanghai, China, November 26, 2015. Reuters/Aly Song/File Photo Baidu Inc must rein in paid-for advertisements within search results after a student died following experimental cancer treatment he found via China's ...
Rocket Internet investors need to think long-term -founder
A woman walks past a banner at the shareholder meeting of Rocket Internet, a German venture capital group in Berlin, Germany, June 23, 2015. Reuters/Fabrizio Bensch German ecommerce investor Rocket Internet's (RKET.DE) investors need to buy into its five to 10 year plans rather than focus on short t...
Facebook beverages won't be a thing in China after rare trademark win
Chinese people won't be able to quench their thirst with a refreshing "face book" beverage, after the U.S. social networking company won a rare trademark victory against a local firm in China. By contrast, Apple Inc (AAPL.O) last month lost its battle to prevent a domestic company from using the "iP...
UPS-backed Rwandan blood deliveries show drones' promise, hurdles
A United Parcel Service (UPS) truck on delivery is pictured in downtown Los Angeles, California October 29, 2014. Reuters/Mike Blake International delivery company UPS is backing a start-up using drones in Rwanda to transport life-saving blood supplies and vaccines, underlining the wide potential fo...
Exclusive: Technicians from SWIFT left Bangladesh Bank exposed to hackers - police
Bangladesh's central bank became more vulnerable to hackers when technicians from SWIFT, the global financial network, connected a new bank transaction system to SWIFT messaging three months before a $81 million cyber heist, Bangladeshi police and a bank official alleged. The technicians introduced ...
As single mom, Facebook's Sandberg 'leans in' for Mother's Day
Sheryl Sandberg, chief operating officer at Facebook, is seen amongst the crowd during the Facebook F8 conference in San Francisco, California April 12, 2016. Reuters/Stephen Lam Facebook Inc's No. 2 executive, Sheryl Sandberg, paid a Mother's Day tribute to single moms, acknowledging she never full...
Startup looks to connect breached data with those facing likely fraud
A photo illustration shows a USB device being plugged into a laptop computer in Berlin July 31, 2014. Reuters/Thomas Peter As the continuing parade of mass data breaches increases the opportunities for miscreants to use grabbed credentials for all manner of fraud, it is also driving defenders to see...
Uber, Lyft spend big, lose big in Texas vote on driver fingerprinting
Campaign signs concerning a municipal vote over fingerprint requirements for ride-hailing companies such as Uber and Lyft are seen along a roadway in Austin, Texas, May 6, 2016. Reuters/Jon Herskovitz On-demand ride companies Uber and Lyft suffered an embarrassing defeat in a Saturday election in Au...
Uber to launch UberX service in Berlin: Welt am Sonntag
An Uber car is seen parked with the driver's lunch left on the dashboard in Venice, Los Angeles, California, United States July 15, 2015. Reuters/Lucy Nicholson - RTX1KG30 Ride-hailing service Uber [UBER.UL] aims to launch its UberX service, which uses licensed professional drivers, in the German ca...
Software security suffers as upstarts lose access to virus data
A number of young technology security companies are losing access to the largest collection of industry analysis of computer viruses, a setback industry experts say will increase exposure to hackers. The policy change at the information-sharing pioneer VirusTotal takes aim mainly at a new generation...
Alberta flies drones to find cause of epic Canadian wildfire
Mat Matthews, operations and safety manager with Elevated Robotic Services, and Ron Windmueller, owner of Droneology, pose with drones as smoke rises from wildfires near Fort McMurray, Alberta, Canada, May 6, 2016. Reuters/Chris Wattie Fire-ravaged Alberta will use drones to investigate the cause of...
Reliance on China health sector raises searching questions for Baidu
Baidu's company logo is seen at its headquarters in Beijing December 17, 2014. Reuters/Kim Kyung-Hoon The death of a student following experimental cancer treatment he found through China's biggest search engine, Baidu Inc, has exposed the faultlines in the company's business model, which relies hea...
Crooks Grab W-2s from Credit Bureau Equifax
Identity thieves stole tax and salary data from big-three credit bureau Equifax Inc., according to a letter that grocery giant Kroger sent to all current and some former employees on Thursday. The nation’s largest grocery chain by revenue appears to be one of several Equifax customer...
Crooks Grab W-2s from Credit Bureau Equifax
Identity thieves stole tax and salary data from big-three credit bureau Equifax Inc., according to a letter that grocery giant Kroger sent to all current and some former employees on Thursday. The nation’s largest grocery chain by revenue appears to be one of several Equifax customer...
Before massive Bangladesh heist, New York Fed feared such cyber attacks
In the years before hackers stole $81 million from a Bangladesh central bank account at the Federal Reserve Bank of New York, senior Fed security officials examined the risk of such an attack - but judged the prospect unlikely, bank sources told Reuters. The Fed managers worried that lax security pr...
WhatsApp judge wins little love in Brazil; but respect in his hometown
An illustration photo shows Whatsapp App logos on a mobile phone in Sao Paulo, Brazil, December 16, 2015. Reuters/Nacho Doce/File Photo Judge Marcel Montalvão joined some of Brazil's top politicians as one of the country's most-hated public figures when he ordered a 72-hour shutdown of WhatsA...
Uber, Lyft spend big to erase fingerprinting in Texas vote
Campaign signs concerning a municipal vote over fingerprint requirements for ride-hailing companies such as Uber and Lyft are seen along a roadway in Austin, Texas, May 6, 2016. Reuters/Jon Herskovitz On-demand ride companies have spent millions of dollars ahead of a Saturday vote to overturn a meas...
Fiat Chrysler CEO: Data ownership unclear in working with Google
Fiat Chrysler CEO Sergio Marchionne poses for photographers next to the new Cinquecento Fiat car during a photocall in Turin July 5, 2007. Reuters/Alessandro Garofalo/File Photo Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said Friday FCA and Alphabet Inc's Google have yet to determin...
President of Philippine bank at center of $81 million heist quits
Lorenzo Tan, president and chief executive officer of the Rizal Commercial Banking Corp (RCBC), gestures while answering questions during the money laundering hearing at Senate in Manila March 29, 2016. Reuters/Romeo Ranoco The Philippines' Rizal Commercial Banking Corp said it has accepted the resi...