Norway say Hydro cyber attack began Monday evening and escalated during the night

The cyber attack on aluminum producer Norsk Hydro began on Monday evening and escalated during the night, the Norwegian state agency in charge of cyber security said on Tuesday.

Aluminum producer Hydro hit by cyber attack on Tuesday

Norsk Hydro , one of the world's largest producers of aluminum, was sustaining a cyber attack on Tuesday that affected its operations, sending its shares lower.

Exclusive: Israel's chip sales to China jump as Intel expands

Israel's exports of computer chips to China soared last year as Chinese companies bought more semiconductors made at Intel's Kiryat Gat plant.

Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge

Chief Executive Elon Musk has never sought pre-approval for a single tweet about Tesla Inc since striking a court-approved deal about how to communicate important information about the electric vehicle maker, the top U.S. securities regulator told a judge on Monday.

South Korea radar and thermal camera system warns 'smartphone zombies' of traffic

A city in South Korea, which has the world's highest smartphone penetration rate, has installed flickering lights and laser beams at a road crossing to warn "smartphone zombies" to look up and drivers to slow down, in the hope of preventing accidents.

Elon Musk tweet about Tesla violates settlement agreement, U.S. regulator tells court

A tweet about Tesla Inc production targets by Elon Musk was "a blatant violation" of a court order to get his written communications pre-approved, U.S. securities regulators told a judge on Monday, doubling down on the government's demand to find the Tesla CEO in contempt of a previous fraud settlem...

Continue reading

Brexit hits ability of UK fintech to lure top talent: report

Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound ($9 billion)growth sector just as EU states step up competition.

Netflix says it will not join Apple TV service

Netflix Inc will not make its programming available through a coming TV service expected to be unveiled by Apple Inc, Netflix Chief Executive Reed Hastings said on Monday.

Nvidia partners with Softbank to deploy cloud gaming servers in Japan

Chip designer Nvidia Corp said on Monday it has partnered with Softbank Group Corp and LG Uplus Corp to deploy cloud gaming servers in Japan and Korea later this year.

Huawei leads Asian domination of U.N. patent applications in 2018

Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday.

U.S. warns Brazil about Huawei and 5G in talks: senior U.S. official

U.S. officials have warned their Brazilian counterparts of their security concerns about Chinese telecom equipment maker Huawei Technologies Co during talks in Washington, a senior American official said on Monday.

Brotherly love at Reliance? India's Mukesh Ambani provides 'support' to brother Anil as debt paid off

The Ambani brothers, whose public feud over control of the Reliance empire after their father's death in 2002 led to a split in the conglomerate, may have taken a major step to a more harmonious relationship on Monday.

Facebook plans more fact-checking ahead of European Parliament election

Facebook plans to ramp up efforts to fight misinformation ahead of the European Parliament election in May and will partner with German news agency DPA to boost its fact-checking, a senior executive said on Monday.

Google seeking to promote rivals to stave off EU antitrust action

Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago.

Project Aurora: U.S. government, Intel aim for nation's fastest computer

A U.S. government-led group is working with chipmaker Intel Corp and Cray Inc to develop and build the nation's fastest computer by 2021 for conducting nuclear weapons and other research, officials said on Monday.

GM considers options for its Lyft stake following IPO

As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion.

Ride-hailing firm Lyft launches IPO road show in Uber's shadow

Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April.

India's RCom pays Ericsson, says asset deal with Jio falls through

India's Reliance Communications Ltd (RCom) said on Monday it had paid Sweden's Ericsson for a contract in line with a court order but a deal to sell assets to Reliance Jio Infocomm had fallen through.

Explainer: Germany, at last, launches 5G spectrum auction

Germany begins an auction of spectrum for next-generation 5G mobile networks on Tuesday, the outcome of which will play a decisive role in determining whether Europe's largest economy remains competitive in the digital age.

U.S. firm FIS buys Worldpay for $35 billion in payments deal bonanza

By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia

Tech giants will have to be regulated in future: EU's Timmermans

The European Union and authorities around the world will have to regulate big technology and social media companies at some stage to protect citizens, the deputy head of the European Commission said on Monday.

Apple unveils new iPad, updates Mini ahead of video streaming launch

Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25 event where it is expected to launch a television and video service.

India's RCom pays 4.6 billion rupees owed to Sweden's Ericsson

Ericsson has received 4.62 billion rupees ($67.42 million) from Indian telecoms firm Reliance Communications Ltd (RCom), the Swedish company said on Monday, potentially saving billionaire Anil Ambani and two RCom directors from a jail term.

Apple launches 10.5-inch iPad, updates Mini ahead of March 25 event

Apple Inc in a surprise move on Monday launched a new 10.5-inch iPad Air and updated its 7.9-inch iPad Mini ahead of its March 25 event.

With high-tech glasses, Japanese ALS patient makes the beat go on

The music booms and lights flash as Masatane Muto, a wheelchair-bound disc jockey, uses is eyes to put on a show at a recent Tokyo music festival.

India's RCom pays 4.6 billion rupees to Sweden's Ericsson

Swedish telecom equipment maker Ericsson has received 4.62 billion rupees ($67.42 million) from Indian telecoms firm Reliance Communications Ltd (RCom), a spokeswoman for Ericsson said on Monday.

Xerox says exploring potential deal for financing business

Xerox Corp said on Monday it was exploring the possibility of a "strategic transaction" for its customer financing business, which accounts for more than 65 percent of its overall debt.

Ride-hail firm Lyft launches IPO road show in Uber's shadow

Lyft Inc on Monday kicked off the investor road show for its initial public offering (IPO), seeking to woo money managers before its bigger ride-hailing rival Uber Technologies Inc makes its stock market splash in April.

U.S. fintech to buy Worldpay as electronic payments business booms

U.S. fintech Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for about $35 billion, the biggest deal to date in the fast-growing electronic payments industry.

Shares in European payments companies rise on Worldpay takeover

Shares in European payments technology companies such as Worldline, Ingenico and Wirecard all rose on Monday, buoyed by Fidelity National Information Services's $35 billion takeover of Worldpay.