Berkshire Hathaway Inc's Business Wire website, which distributes press releases issued by companies, went down just before the U.S. stock market closed on Monday. The disruption hampered, among other planned statements, the distribution of Alcoa Inc's first-quarter earnings release, which marks the...
SEC charges Texas attorney general for role in stock scam
Texas Attorney General Ken Paxton in Washington March 2, 2016. Reuters/Kevin Lamarque U.S. regulators charged Texas Attorney General Ken Paxton on Monday for his alleged role in a stock scam that defrauded investors in a Texas-based technology company called Servergy Inc. The U.S. Securities and Exc...
Italy aims to boost wine sales on Alibaba network ten-fold
Italy and Alibaba hope to boost the share of Italian wine sold on the Chinese e-commerce network 10-fold as part of wider moves to increase Italian wine exports to China where it still lags France and other wine-making peers. In a joint conference with Italian Prime Minister Matteo Renzi, Alibaba fo...
Verizon's wireline employees plan to strike starting April 13, unions say
Verizon Communications Inc's wireline employees have decided to go on strike starting April 13, as no resolution is seen in ongoing contract talks, the unions representing its wireline unit workers said on Monday. Communications Workers of America (CWA) and International Brotherhood of Electrical Wo...
In-flight Wi-Fi market heats up as satellite services come online
A man uses his laptop while on a special JetBlue media flight out of John F. Kennedy International Airport in New York December 11, 2013. Reuters/Lucas Jackson In-flight Wi-Fi may sound like a great way to keep in touch with friends and family or catch up on work, but services are often so slow, you...
Brexit could boost UK financial technology firms - but only in short-term
The City of London financial district is seen from Primrose Hill, April 10, 2015. Reuters/Toby Melville Britain leaving the European Union could give fledgling financial technology companies an immediate shot in the arm but deprive them of expansion later on, industry officials said on Monday. The i...
Israel to tax foreign companies' online activities
A blimp reading ''Google must pay tax'' is seen floating over the Tel Aviv skyline April 3, 2016. Reuters/Baz Ratner Israel is to start collecting value added tax (VAT) and income taxes from foreign companies that do substantial business over the Internet in Israel. Under new guidelines issued by th...
Microsoft offers first major endorsement of new EU-U.S. data pact
Microsoft CEO Satya Nadella delivers the keynote address during the Microsoft Build 2016 Developer Conference in San Francisco, California March 30, 2016. Reuters/Beck Diefenbach Microsoft (MSFT.O) became on Monday the first major U.S. tech company to say it would transfer users' information to the ...
Jaguar Land Rover launches tech venture to test car-sharing
The logo of Jaguar is pictured at at the 37th Bangkok International Motor Show in Bangkok, Thailand, March 22, 2016. Picture taken March 22, 2016. Reuters/Chaiwat Subprasom Jaguar Land Rover (JLR) launched a technology business on Monday which aims to create apps for services such as car-sharing, th...
Dell unit SecureWorks valued at up to $1.42 billion in IPO
Dell logos are seen at its headquarters in Cyberjaya, outside Kuala Lumpur in this September 4, 2013 file photo. Reuters/Bazuki Muhammad/Files Dell Inc's [DI.UL] cyber security unit, SecureWorks Corp, said its initial public offering was expected to be priced at $15.50-$17.50 per share, valuing the ...
UK's CMA voices serious concerns over Hutchison-Telefonica deal
Women use their mobile phones outside an O2 shop in Loughborough, central England January 23, 2015. Reuters/Darren Staples UK's Competition and Markets Authority (CMA) has expressed serious concerns about the proposed merger between Hutchison 3G UK and Telefonica UK and sought the European Commissio...
LG Electronics tips January-March profit to be best quarter in nearly two years
People walk past a LG Electronics logo during the Mobile World Congress in Barcelona, Spain February 25, 2016. Reuters/Albert Gea South Korea's LG Electronics Inc said its first-quarter operating profit likely rose 66 percent, pointing to its best quarter in nearly two years with earnings apparently...
Tech start-ups snap at the heels of Asian private bankers
Scanning a bank statement into a computer may not sound particularly high-tech, but it's unsettling some of Asia's private bankers. By aggregating all the monthly statements mailed to high net worth individuals on the multiple accounts they hold at different institutions, Singapore start-up Mesitis ...
Daily Mail parent in talks with private equity for Yahoo bid: WSJ
A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, in this file picture taken December 12, 2012. Reuters/Denis Balibouse The parent company of the British newspaper, the Daily Mail, is in talks with several private equity firms about a possible bid for Yahoo I...
Japan government, Toyota, Nissan to step up efforts on intelligent maps: Nikkei
Toyota Motor Corp's self-driving technology ''Mobility Teammate Concept'' prototype car changes lane on the Metropolitan Expressway during the Toyota Advanced Technologies media preview in Tokyo, Japan, October 8, 2015. Reuters/Yuya Shino Japan's government and auto giants Toyota Motor Corp Nissan M...
SAP quarterly results fall short as U.S. market slows
Logo of German company SAP is pictured at the CeBit computer fair in Hanover, March, 6, 2012. Reuters/Fabian Bimmer Europe's largest software company, SAP (SAPG.DE), warned late on Friday that first-quarter results would be weaker than expected due to slower sales of software licenses to corporate c...
U.S. to continue appeal of iPhone data case in New York
The U.S. Justice Department on Friday said it would keep fighting to force Apple Inc to open an iPhone in a New York drug case, continuing its controversial effort to require Apple and other tech companies to help law enforcement authorities circumvent encryption. Just two weeks ago, the government ...
Crown Castle buys Tower Development Corp for $461 million
Telecom tower operator Crown Castle International Corp (CCI.N) said it bought Berkshire Partners-owned Tower Development Corp for $461 million in cash. The deal would immediately add to Crown Castle's adjusted funds from operations per share and contribute about $25 to $27 million to site rental gro...
Leak of Senate encryption bill prompts swift backlash
Security researchers and civil liberties advocates on Friday condemned draft legislation leaked from the U.S. Senate that would let judges order technology companies to assist law enforcement agencies in breaking into encrypted data. The long-awaited bill is emerging just as the U.S. Justice Departm...
Yahoo extends deadline for bids by a week: Re/code
Yahoo Inc (YHOO.O) has extended the deadline to bid for its businesses by a week to April 18, technology news website Re/code reported, citing people familiar with the matter. Yahoo, whose shares were up 1.7 percent in early trading, had set an April 11 deadline for preliminary bids, which could yie...
Adobe Patches Flash Player Zero-Day Threat
Adobe Systems this week rushed out an emergency patch to plug a security hole in its widely-installed Flash Player software, warning that the vulnerability is already being exploited in active attacks. Adobe said a “critical” bug exists in all versions of Flash including F...
Adobe Patches Flash Player Zero-Day Threat
Adobe Systems this week rushed out an emergency patch to plug a security hole in its widely-installed Flash Player software, warning that the vulnerability is already being exploited in active attacks. Adobe said a “critical” bug exists in all versions of Flash including F...
FBI: $2.3 Billion Lost to CEO Email Scams
The U.S. Federal Bureau of Investigation (FBI) this week warned about a “dramatic” increase in so-called “CEO fraud,” e-mail scams in which the attacker spoofs a message from the boss and tricks someone at the organization into wiring funds to the fraudsters. The FBI estimate...
FBI: $2.3 Billion Lost to CEO Email Scams
The U.S. Federal Bureau of Investigation (FBI) this week warned about a “dramatic” increase in so-called “CEO fraud,” e-mail scams in which the attacker spoofs a message from the boss and tricks someone at the organization into wiring funds to the fraudsters. The FBI estimate...
After Tax Fraud Spike, Payroll Firm Greenshades Ditches SSN/DOB Logins
Online payroll management firm Greenshades.com is an object lesson in how not to do authentication. Until very recently, the company allowed corporate payroll administrators to access employee payroll data online using nothing more than an employee’s date of birth and Social Sec...
After Tax Fraud Spike, Payroll Firm Greenshades Ditches SSN/DOB Logins
Online payroll management firm Greenshades.com is an object lesson in how not to do authentication. Until very recently, the company allowed corporate payroll administrators to access employee payroll data online using nothing more than an employee’s date of birth and Social Sec...
Bangladesh Bank hackers 'possibly Chinese,' says Philippines senator
MANILA (Reuters) - Chinese hackers were possibly behind one of the world's biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines said on Tuesday, while a Manila bank manager involved in the case said she was a pawn of senior bankers and unnamed...
Music streaming service Pandora returns to its roots
SAN FRANCISCO (Reuters) - Pandora Media Inc hopes to go back to the future with the return of co-founder Tim Westergren as CEO and a renewed focus on its industry-leading data trove, built from the listening habits of more than 81 million people.
Small Australian software firm helps join the dots on Panama Papers
Software produced by a little-known Australian developer has helped journalists piece together news leads from the mountains of data found in the contents of the Panama Papers, one of the biggest document leaks in history. Sydney-based Nuix Pty Ltd donated its document analysis program to the Intern...
China's ZTE names new management in wake of U.S. export restrictions
The ZTE company logo is seen as a guest delivers a speech during the company's 15th anniversary celebration in Beijing in this April 18, 2013 file photo. Reuters/Barry Huang/Files China's ZTE Corp, in a routine management reshuffle, has replaced three senior executives alleged to be the main signato...