Toshiba nominates new CEO in bid to put accounting scandal behind it

Japan's Toshiba Corp (6502.T) said it had nominated Satoshi Tsunakawa, a former head of its medical equipment division, to be its next chief executive officer - a move that it hopes will draw a line under a damaging accounting scandal. Sixty-year-old Tsunakawa, who was not embroiled in the scandal, ...

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Cognizant revenue rises 10 percent

IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported a 10 percent rise in revenue, helped by higher demand for its digital services. The company's net income rose to $441.2 million, or 72 cents per share, in the first quarter ended March 31, from $382.9 million or 62 cents per ...

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Exclusive: Apple's Tim Cook to visit China for government meetings - source

Apple CEO Tim Cook speaks about the Apple TV during an event at Apple headquarters in Cupertino, California March 21, 2016. Reuters/Stephan Lam Apple Inc (AAPL.O) Chief Executive Tim Cook plans to visit Beijing later this month to meet high-level government officials, at a time when it is facing som...

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U.S. trade panel to probe devices of eight smartphone vendors

An illustration picture shows a network cable next to a pack of smartphones in Berlin, June 7, 2013. Reuters/Pawel Kopczynski The U.S. International Trade Commission (USITC) is launching an investigation into the mobile devices of eight smartphone vendors over an alleged patent violation, the trade ...

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Facebook loses first round in suit over storing biometric data

A picture illustration shows a Facebook logo reflected in a person's eye, in Zenica, March 13, 2015. Reuters/Dado Ruvic Facebook Inc (FB.O) lost the first round in a court fight against some of its users who sued the social networking company, alleging it "unlawfully" collected and stored users' bio...

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Exclusive: Coinbase, Ripple close to landing New York bitcoin licenses - source

Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. Reuters/Benoit Tessier New York state's financial regulator is close to approving licenses for bitcoin companies Coinbase Inc and Ripple Labs Inc, which would allow them...

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Expert helped Los Angeles police hack Apple iPhone: court records

The Apple logo is pictured at its flagship retail store in San Francisco, California January 27, 2014. Reuters/Robert Galbraith A cellphone expert overrode the lock function on an Apple iPhone to help Los Angeles police in a homicide investigation around the time U.S. authorities were battling the c...

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Dorsey's Square posts bigger-than-expected loss as costs surge

Jack Dorsey, CEO of Square and CEO of Twitter, speaks during an interview with CNBC following the IPO for Square Inc., on the floor of the New York Stock Exchange November 19, 2015. Reuters/Lucas Jackson Square Inc (SQ.N), the mobile payments company run by Twitter Inc (TWTR.N) Chief Executive Jack ...

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GoPro revenue beats estimates; to delay drone launch

A Re-fuel rechargeable battery for GoPro Hero cameras is displayed during the 2015 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 4, 2015. Reuters/Steve Marcus GoPro Inc reported a lower-than-expected fall in quarterly revenue as demand for its popular wearable action cam...

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Google, Honeywell agree to resolve Nest Labs patent dispute

The neon Google sign in the foyer of Google's new Canadian engineering headquarters in Kitchener-Waterloo, Ontario January 14, 2016. Reuters/Peter Power/Files Alphabet Inc's Google and climate control systems maker Honeywell International Inc have reached an agreement to resolve patents disputes rel...

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SAP teams up with Apple to bring SAP's HANA to iOS

An Apple store is seen in Los Angeles, California, United States, April 22, 2016. Apple Inc (AAPL) will report its second quarter results April 26. Picture taken April 22, 2016. Reuters/Lucy Nicholson Apple Inc is taking another step into the corporate computing world by partnering with SAP to devel...

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Crooks Go Deep With ‘Deep Insert’ Skimmers

ATM maker NCR Corp. says it is seeing a rapid rise in reports of what it calls “deep insert skimmers,” wafer-thin fraud devices made to be hidden inside of the card acceptance slot on a cash machine. KrebsOnSecurity’s All About Skimmers series has featured several stories about ins...

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Crooks Go Deep With ‘Deep Insert’ Skimmers

ATM maker NCR Corp. says it is seeing a rapid rise in reports of what it calls “deep insert skimmers,” wafer-thin fraud devices made to be hidden inside of the card acceptance slot on a cash machine. KrebsOnSecurity’s All About Skimmers series has featured several stories about ins...

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NY regulator approves Winklevoss bid to trade digital currency ether

Entrepeneurs Tyler and Cameron Winklevoss arrive at the Metropolitan Museum of Art Costume Institute Gala (Met Gala) to celebrate the opening of ''Manus x Machina: Fashion in an Age of Technology'' in the Manhattan borough of New York, May 2, 2016. Reuters/Lucas Jackson The New York State Department...

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Little risk for Google in retrial vs Oracle over Android

Letters spell the word ''Alphabet'' as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. Reuters/Pascal Rossignol Even if a jury orders Alphabet Inc's (GOOGL.O) Google to pay the full $8.8 billion sought by Oracle Corp (O...

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Sumner Redstone's ex-girlfriend must sway judge on incompetence claim

Sumner Redstone, executive chairman of CBS Corp. and Viacom, arrives at the premiere of ''The Guilt Trip'' starring Barbra Streisand and Seth Rogen in Los Angeles December 11, 2012. Reuters/Fred Prouser Sumner Redstone's much-discussed mental status will be dissected in public during a trial set to ...

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Striking union workers protest at Verizon shareholder meeting

The entrance to a Verizon wireless store is seen in New York, in this May 12, 2015, file photo. Reuters/Shannon Stapleton/Files Dozens of Verizon Communications Inc (VZ.N) landline workers, on strike since mid-April after contract talks hit an impasse, marched on the company's annual shareholder mee...

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Craig Wright says will not give further evidence he's bitcoin creator

Australian tech entrepreneur Craig Wright, who earlier this week said he would provide "extraordinary proof" that he was the creator of digital currency bitcoin, will not provide any further evidence, according to a post on his blog on Thursday. Wright did not say his earlier claims were false, howe...

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Fiat Chrysler says self-driving car deal with Google not exclusive

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 A newly-struck deal between Alphabet Inc's Google and Fiat Chrysler Automobiles (FCA) for a fleet of 100 self-driving cars...

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Alibaba's revenue rises 39 percent as more shoppers buy online

Alibaba Group Holding Ltd, China's biggest e-commerce company, said fourth-quarter revenue rose 39 percent, helped by growth in gross merchandise volume. Revenue rose to 24.2 billion yuan ($3.7 billion) in the quarter ended March 31 from 17.4 billion yuan a year earlier. Gross merchandise volume (GM...

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Ford invests $182.2 million in software company Pivotal

A Ford logo is pictured at a store of the automaker, in Mexico City, Mexico, April 5, 2016. Reuters/Edgard Garrido/File Photo Ford Motor Co (F.N) is investing $182.2 million in San Francisco-based Pivotal Software, underscoring the pressure carmakers face to boost their technology platforms given th...

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China regulator to launch campaign to clean up e-commerce, online ads

Chinese authorities will launch a campaign to clean up e-commerce - targeting trademark violations, counterfeit and poor quality products and the faking of transactions to boost a merchant's online rankings, the official People's Daily said. It did not name any specific companies but the move has th...

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Canada's Telus to divest stake in unit

A woman uses a mobile device while walking past a Telus store in Ottawa February 19, 2014. Reuters/Chris Wattie Telus Corp (T.TO) (TU.N), one of Canada's three big telecom providers, said it would sell a 35 percent stake in outsourcing service provider Telus International in a deal that values the u...

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U.S. tech firms urge presidential candidates to embrace trade, high-tech visas

A combination photo shows Republican U.S. presidential candidate Donald Trump (L) in Palm Beach, Florida and Democratic U.S. presidential candidate Hillary Clinton (R) in Miami, Florida at their respective Super Tuesday primaries campaign events on March 1, 2016. Reuters/Scott Audette (L), Javier Ga...

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Brazil lawmakers propose bill to shield WhatsApp

A 3D printed Whatsapp logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016. Reuters/Dado Ruvic/Illustration A Brazilian congressional commission on Wednesday recommended a bill that forbids authorities from blocking popular messaging applications, just two days ...

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YouTube planning online TV service: Bloomberg

YouTube unveils their new paid subscription service at the YouTube Space LA in Playa Del Rey, Los Angeles, California, United States October 21, 2015. Alphabet Inc's YouTube will launch a $10-a-month subscription option in the United States on October 28 that will allow... Reuters/Lucy Nicholson - R...

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Facebook pays $10,000 to 10-year-old Instagram hacker

A photo illustration shows the applications Facebook and Instagram on the screen of an iPhone in Zagreb April 9, 2012. Reuters/Antonio Bronic Social media giant Facebook (FB.O) has paid a $10,000 reward to a 10-year-old Finnish boy for finding a glitch in its picture sharing app Instagram. Jani, who...

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Amazon's business marketplace hits $1 billion in sales

Two freshly delivered Amazon boxes are seen on a counter in Golden, Colorado August 27, 2014. Reuters/Rick Wilking Amazon.com Inc's business marketplace, which connects businesses with suppliers, has generated $1 billion in sales in its first year, making it a significant player in a fragmented indu...

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Exclusive: Big data breaches found at major email services - expert

A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia's criminal underworld, a security exper...

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Apple loses China trademark case for 'iPhone' on leather goods

An Apple logo is seen inside the Apple Store in Palo Alto, California November 13, 2015. Reuters/Stephen Lam Apple Inc has lost a battle for the use of the "iPhone" trademark on leather goods in China after a Beijing court ruled against the world's biggest technology company in favor of a local firm...

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