A steady stream of card breaches at retailers, restaurants and hotels has flooded underground markets with a historic glut of stolen debit and credit card data. Today there are at least hundreds of sites online selling stolen account data, yet only a handful of them actively court bulk buyers and or...
Carders Park Piles of Cash at Joker’s Stash
A steady stream of card breaches at retailers, restaurants and hotels has flooded underground markets with a historic glut of stolen debit and credit card data. Today there are at least hundreds of sites online selling stolen account data, yet only a handful of them actively court bulk buyers and or...
U.S. top court agrees to hear Samsung-Apple patent fight
3D-printed Samsung and Apple logos are seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world's two fiercest smartphone rivals, Apple and Samsung, a...
U.S. top court rejects EA Sports' appeal over Madden videogame
The U.S. Supreme Court on Monday rejected Electronic Arts Inc's bid to revive its free speech defense in a lawsuit filed by former NFL players who accused the videogame maker of using their likenesses in the popular Madden NFL series without permission or proper compensation. The high court left in ...
Google set to expand Wifi, broadband access in Cuba, Obama tells ABC
The new Google logo is seen at the Google headquarters in Mountain View, California November 13, 2015. Reuters/Stephen Lam/Files Alphabet Inc's Google is poised to expand Internet access in Cuba, U.S. President Barack Obama told ABC News in an interview during his historic visit to the island nation...
Indonesian taxi drivers to rally for ban on online taxi apps
Thousands of Indonesian taxi drivers will take to the streets of the capital on Tuesday for a protest rally to demand the government prohibits ride-hailing apps like Grab and Uber, as a price war intensifies. The proliferation of cheap taxis using ride-sharing apps Go-Jek, Grab and Uber has made the...
Priceline strikes deal with Cuba to let Americans book hotels
Tourists ride in a vintage car in Havana, March 19, 2016. Reuters/Alexandre Meneghini Priceline Group has agreed with Cuba to make Cuban hotel rooms available to U.S. customers via subsidiary Booking.com, becoming the first U.S. online travel agency to strike a deal with the island state, a Booking....
After a year, Carnegie Mellon and Uber research initiative is stalled
More than a year after Uber announced a research pact with Carnegie Mellon University - and then hired away four of the institution's faculty and 36 researchers and technicians - the ride-hailing company and university have not collaborated on a single project, according to CMU faculty and administr...
Alibaba annual transaction volumes cross 3 trillion yuan, but growth slows
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce company Alibaba Group Holding Ltd said on Monday its total transaction volume had surpassed 3 trillion yuan ($463 billion) in the fiscal year t...
Smaller iPhone expected Monday as Apple counters drop in phone sales
An Apple iPhone is pictured next to the logo of Apple in Bordeaux, southwestern France, February 26, 2016. Reuters/Regis Duvignau Apple Inc (AAPL.O) is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as it...
Apple 'privacy czars' grapple with internal conflicts over user data
As Apple Inc(AAPL.O) feuds with the U.S. government over iPhone privacy protections, the tech giant is also grappling with internal conflicts over privacy that could pose challenges to its long-term product strategy. Unlike Google(GOOGL.O), Amazon(AMZN.O) and Facebook(FB.O), Apple is loathe to use c...
Foxconn to reduce offer for Sharp by around $900 million: Jiji
A Sharp Corp showroom is seen in Tokyo in this January 10, 2009 file photo. Reuters/Stringer/Files Taiwan's Foxconn is likely to reduce its capital injection into embattled Japanese electronics firm Sharp Corp (6753.T) by around 100 billion yen ($898 million), from an initial plan of 489 billion yen...
China's Xiaomi says has no plans to raise funds
Three models of China's Xiaomi Mi phones are pictured during their launch in New Delhi July 15, 2014. Reuters/Anindito Mukherjee China's most valuable start-up Xiaomi Inc [XTC.UL] is financially self-sufficient and has no plans to raise funds, its global vice-president said on Monday. Xiaomi, the wo...
Exclusive: SWIFT to advise banks on security as Bangladesh hack details emerge
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman The SWIFT messaging system plans to ask banks to make sure they are following recommended security practices following an unprecedented cyber attack on Bangladesh's central bank that yi...
Blackstone makes quiet sale ahead of FCC airwaves auction
A quiet decision by private equity firm Blackstone Group LP (BX.N) to recently sell three TV stations may foreshadow uncertain returns for some selling TV airwaves and lower wireless demand in the U.S. government's upcoming spectrum auction, industry watchers say. The U.S. Federal Communications Com...
Exclusive: Lyft drivers, if employees, owed millions more - court documents
Maya Jackson, a Lyft driver from Sacramento, holds a Lyft Glowstache during a photo opportunity in San Francisco, California February 3, 2016. Reuters/Stephen Lam Drivers who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated $126 m...
Cyber expert disappears after comments on Bangladesh central bank heist
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman A cyber crime expert has disappeared after talking to police and the media about an attempted $951 million cyber heist from Bangladesh's central bank, his wife said on Sunday. Kamrun Na...
Facebook's Zuckerberg meets propaganda czar in China charm drive
Facebook's co-founder and CEO Mark Zuckerberg met China's propaganda tsar Liu Yunshan in Beijing on Saturday as part of a charm offensive in one of the few markets where the social network cannot be accessed. The rare meeting, reported by China's state news agency Xinhua, suggests warming relations ...
Bangladesh seeks FBI's help in investigating central bank heist
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation to track down the cyber crooks who stole $81 million from its central bank's U.S. account, the in...
Lufthansa reports near miss with drone over Los Angeles
The logo of Lufthansa airline is pictured on a dividing stripe in Frankfurt airport, Germany, March 17, 2016. Reuters/Kai Pfaffenbach The pilot of a Lufthansa passenger jumbo jet reported a drone aircraft nearly collided with the airliner on Friday on its landing approach to Los Angeles Internationa...
Microsoft apologizes for GDC party with skimpily-clad dancers
A Microsoft logo is seen at a pop-up site for the new Windows 10 operating system at Roosevelt Field in Garden City, New York July 29, 2015. Reuters/Shannon Stapleton Microsoft Corp apologized for hiring dancers dressed as skimpily-clad schoolgirls for its Game Developer Conference (GDC) afterparty ...
GameStop attracts large investors as shorts back off
The GameStop store sign is seen at its shop in Westminster, Colorado January 14, 2014. Reuters/Rick Wilking GameStop, one of the most shorted U.S. stocks, has started to attract institutional buyers and dissuade some traders betting against it as it fights off a consumer shift toward downloading vid...
U.S. prosecutors, Apple to bring witnesses to hearing on locked iPhone
3D printed Apple logo are seen in front of a displayed cyber code in this illustration taken February 26, 2016. Reuters/Dado Ruvic/Illustration The U.S. government and Apple Inc (AAPL.O) will be able to cross-examine witnesses in a court hearing next week over whether the company must help federal i...
Symphony financial messaging eyes 150,000 users this year
Financial messaging venture Symphony expects to have up to 150,000 users this year, topping its previous estimate as banks and asset managers sign up to a system aimed at addressing concerns over security and the cost of monitoring staff online. Chief Executive David Gurle told Reuters the messaging...
Stripe expands payments service to Cuba to support startups
People stand outside a currency exchange shop to change money in Havana, March 17, 2016. Reuters/Enrique De La Osa Silicon Valley payments company Stripe is bringing its services to Cuba to help entrepreneurs there start new businesses, an action that brings U.S. tech services to Cubans as relations...
Twitter to keep 140-character limit, says CEO Jack Dorsey
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 Twitter Inc's 140-character tweets are here to stay, Chief Executive Jack Dorsey said on Friday,...
Facebook, Twitter compete for live TV rights - NY Post
A Facebook logo is pictured on an Apple's Ipad in Bordeaux, southwestern France, March 10, 2016. Reuters/Regis Duvignau/Illustration Facebook Inc and Twitter Inc are vying to buy rights to stream conventional TV programming, the New York Post reported on Thursday. Both companies have approached prog...
EU may investigate online content providers over cross-border trade
European Competition Commissioner Margrethe Vestager addresses a news conference in Brussels, Belgium, January 11, 2016, after the European Commission demanded on Monday that Belgium recover some 700 million euros ($762.9 million) from 35 large companies in back taxes in its... Reuters/Francois Leno...
Daimler receives huge order from Uber: Manager Magazin
Workers assemble Mercedes-Benz S-class models at their plant in Sindelfingen near Stuttgart January 28, 2015. Reuters/Michael Dalder Ride-hailing service Uber [UBER.UL] has placed a large order for cars with Germany's Daimler (DAIGn.DE), Manager Magazin reported on Friday. Citing sources at both com...
Cisco to invest $100 mln in India's digital push
The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young Cisco Systems Inc will invest over $100 million in India to support the country's ambitious plan to connect thousands of its villages to the internet...