A smartphone app for Lyft drivers is seen during a photo opportunity in San Francisco, California February 3, 2016. Reuters/Stephen Lam A U.S. judge questioned on Thursday whether a proposed class action settlement between Lyft and its California drivers is fair and raised concerns that the $12.25 m...
Crooks Steal, Sell Verizon Enterprise Customer Data
Verizon Enterprise Solutions, a B2B unit of the telecommunications giant that gets called in to help Fortune 500’s respond to some of the world’s largest data breaches, is reeling from its own data breach involving the theft and resale of customer data, KrebsOnSecurity has learned. ...
Crooks Steal, Sell Verizon Enterprise Customer Data
Verizon Enterprise Solutions, a B2B unit of the telecommunications giant that gets called in to help Fortune 500’s respond to some of the world’s largest data breaches, is reeling from its own data breach involving the theft and resale of customer data, KrebsOnSecurity has learned. ...
Apple shares are one reason hedge funds lag mutual funds in 2016
The new iPhone SE is seen on display during an event at the Apple headquarters in Cupertino, California March 21, 2016. Reuters/Stephen Lam Hedge funds may have taken too big a bite of Apple Inc (AAPL.O). Shares of the iPhone maker are one of the biggest bets among hedge funds, with 47 of them listi...
SAP extends contracts for executive team, including CEO, until 2021
A bag with SAP logo is pictured before the company's annual general meeting in Mannheim, Germany, May 20, 2015. Reuters/Kai Pfaffenbach German software giant SAP on Thursday extended the contracts of its top executive team until 2021, according to an internal memo seen by Reuters, in a move that dis...
Tech could help secure public spaces, if Europe wants more surveillance
A monitoring camera observes Frankfurt Airport, March 3, 2011. Reuters/Ralph Orlowski Facial recognition software, scanners that detect weapons and cameras that spot nervous people are some of the technologies that could be used more widely to secure public places, but some would require greater acc...
France fines Google over 'right to be forgotten'
A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard/Illustration The French data protection authority fined Alphabet's Google (GOOGL.O) 100,000 euros ($111,720) for not scrubbing web search results widely enou...
U.S., Germany eye ways to deepen cyber collaboration
A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski Senior U.S. and German officials agreed this week to deepen their collaboration on a range of cyber issues, including working to promote norms for responsible ...
U.S. attorney general says hopeful can unlock San Bernardino phone with outside help
A worker checks an iPhone in a repair store in New York, February 17, 2016. Reuters/Eduardo Munoz U.S. officials on Thursday said they are hopeful that they will be able to unlock the iPhone belonging to one of the San Bernardino shooters without help from Apple Inc by using a third party's techniqu...
Phishing Victims Muddle Tax Fraud Fight
Many U.S. citizens are bound to experience delays in getting their tax returns processed this year, thanks largely to more stringent controls enacted by Uncle Sam and the states to block fraudulent tax refund requests filed by identity thieves. A steady drip of corporate data breaches...
Phishing Victims Muddle Tax Fraud Fight
Many U.S. citizens are bound to experience delays in getting their tax returns processed this year, thanks largely to more stringent controls enacted by Uncle Sam and the states to block fraudulent tax refund requests filed by identity thieves. A steady drip of corporate data breaches...
U.S. blames Iran for hacking campaign on banks, New York dam
A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files The Obama administration on Thursday formally blamed Iranian hackers for a coordinated campaign of cyber attacks from 2011 to 2013 on dozens of U.S. banks and a New York dam....
TiVo in talks to be bought by Rovi: NYT
A Tivo Bolt is displayed during the 2016 CES trade show in Las Vegas, Nevada January 7, 2016. Reuters/Steve Marcus Set-top box maker TiVo is in advanced talks to sell itself to digital entertainment guide provider Rovi Corp, the New York Times reported on Thursday, citing people briefed on the talks...
Accenture beats expectations on strong consulting growth
Office of Accenture in downtown Helsinki April 27, 2011. Reuters/LEHTIKUVA/Jussi Nukari Accenture Plc reported quarterly revenue and profit above analysts' expectations, led by strong growth in its consulting business, especially in North America. The company also raised its 2016 net revenue growth ...
Chat app Line CEO says IPO still an option
The head of messaging app service operator Line Corp said on Thursday that it could still seek an initial public offering (IPO), although it put plans for a listing on hold in August. "A listing is still an option," Chief Executive Officer Takeshi Idezawa told reporters on Thursday. "Nothing has bee...
Renault recalling 10,649 Zoe electric cars for brake hose checks
A employee handles the new R240 electric engine by French carmaker Renault for their Zoe model automobile at their factory in Cleon, Western France, July 20, 2015. Reuters/Philippe Wojazer Renault is recalling 10,649 Zoe electric cars to remove the potential risk of rupture to brake fluid hoses, a s...
Indonesia tells Grab, Uber to partner with transport businesses to operate
Taxis are seen parked near the National Monument as their drivers take part in a protest against what they say is unfair competition from ride-hailing services, in Jakarta, Indonesia March 14, 2016. Reuters/Darren Whiteside Ride-hailing apps Grab and Uber must partner with a transport business and r...
Starboard to launch proxy fight to remove Yahoo's entire board: WSJ
Activist hedge fund Starboard Value LP, which is leading an investor revolt against Yahoo Inc's (YHOO.O) management team, is seeking to remove the entire board of the struggling Internet company, the Wall Street Journal reported. The activist investor, which owns about 0.75 percent of Yahoo, plans t...
World's biggest startup? Samsung Electronics to reform corporate culture
Samsung Electronics Co Ltd (005930.KS), the world's biggest maker of smartphones and memory chips, announced on Thursday that it plans to adopt a corporate culture akin to a startup, seeking to become more nimble as growth slows. Samsung's executives will sign a pledge to move away from a top-down c...
Apple Pay coming to mobile websites later this year: Re/code
An Apple iphone 6 with Apple Pay is shown in this photo illustration in Encinitas , California June 3, 2015. Reuters/Mike Blake Apple Inc's mobile payments system, Apple Pay, is expanding into mobile websites later this year, technology website Re/code reported, citing sources. The service will be a...
Chinese national pleads guilty in U.S. to computer hacking conspiracy
A businessman from China pleaded guilty on Wednesday to conspiring to hack into the computer networks of major U.S. defense contractors including Boeing Co , the U.S. Department of Justice said in a statement. Su Bin, 50, faces a maximum five-year sentence for allegedly conspiring with two other peo...
Panasonic to abandon 10 trillion yen 2019 sales target: Nikkei
A pedestrian is reflected in a sign at Panasonic Center in Tokyo, Japan, February 3, 2016. Reuters/Yuya Shino Japanese electronics maker Panasonic Corp will scrap its 10 trillion yen ($88.93 billion) group sales target for fiscal year ending March 2019 due to a cooling global business environment, t...
U.S. to charge Iranians in cyber attacks including New York dam: sources
A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski The Obama administration is expected to blame Iranian hackers as soon as Thursday for a coordinated campaign of cyber attacks in 2012 and 2013 on a suburban Ne...
Amazon.com says its women workers paid as much as men
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar Amazon.com Inc, under pressure from an activist shareholder to disclose its policies on gender pay equality, said on Wednesday its female employees earned as much as their male ...
Wireless mice leave billions at risk of computer hack: cyber security firm
Marc Newlin and Balint Seeber are checking how far apart they can be while still being able to hack into each other's computers. It turns out its pretty far - 180 meters - the length of a city block in San Francisco. The pair work for Bastille, a startup cyber security company that has uncover...
Vietnam PM approves $300 million R&D investment by Samsung Electronics
Employees walk in the main office building of Samsung Electronics in Seoul, South Korea, January 6, 2016. Reuters/Kim Hong-Ji Vietnam's prime minister has approved a $300-million research and development project in Hanoi by Samsung Electronics Vietnam, a local unit of a South Korean giant that is th...
Israeli firm helping FBI to open encrypted iPhone: report
A NYPD officer carries a barrier outside the Apple Store in New York February 23, 2016. Reuters/Shannon Stapleton Israel's Cellebrite, a provider of mobile forensic software, is helping the U.S. Federal Bureau of Investigation's attempt to unlock an iPhone used by one of the San Bernardino, Californ...
Google's Android Pay to launch in UK in few months
A 3D printed Android logo is seen in front of a displayed cyber code in this illustration taken March 22, 2016. Reuters/Dado Ruvic/Illustration Alphabet Inc's Google unit said on Wednesday its one-touch payment app for Android devices, Android Pay, will be launching in the UK in the next few months....
Enel to invest around 2.5 billion euros in broadband plan
Italian utility Enel said on Wednesday it planned to invest around 2.5 billion euros ($2.8 billion) to help develop a national ultrafast broadband network. The state-controlled utility said in a statement it plans to gradually roll out a fiber-to-the-home network would be open to other investors. Th...
Alibaba-backed courier YTO Express to list via $2.7 billion reverse merger
Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China's e-commerce boom. China's mostly privately held express delivery firms are under pressu...