U.S. prosecutors probing Facebook's data deals: NYT

U.S. prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world's largest technology companies, the New York Times reported on Wednesday.

Rakuten TV to expand movie streaming to 42 European countries

Japanese e-commerce firm Rakuten plans to expand its video-on-demand streaming service to 42 European countries, partnering with leading smart TV makers to offer movies in high-definition at the push of a remote-control button.

SoftBank, others in talks to invest $1 billion in Uber's self-driving unit: WSJ

A consortium that includes SoftBank Group Corp is in late-stage talks to invest $1 billion or more into Uber Technologies Inc's self-driving vehicle unit, the Wall Street Journal reported on Wednesday, citing people familiar with the negotiations.

Ad Network Sizmek Probes Account Breach

Online advertising firm Sizmek Inc. [NASDAQ: SZMK] says it is investigating a security incident in which a hacker was reselling access to a user account with the ability to modify ads and analytics for a number of big-name advertisers. In a recent posting to a Russian-language cybercrime forum,...

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Digital sports network DAZN to start running ads

Digital sports network DAZN, which launched in September with the aim of disrupting traditional sports media broadcasting, will start running advertisements some time in 2019, the company said on Wednesday.

Verizon launches 5G in Chicago, Minneapolis at $10 extra cost

Verizon Communications Inc beat rivals AT&T and Sprint in the race to launch the first fifth generation mobile services in two cities in the United States at an additional cost of $10 for customers with existing unlimited plans.

U.S. House technology panel heads seeks delay in 5G spectrum auction

Leaders of the U.S. House of Representatives' Science, Space and Technology Committee on Wednesday asked the Federal Communications Commission to delay a planned radio frequency spectrum auction for 5G wireless communications.

German minister fears excluding Huawei could hurt economy

Excluding China's Huawei from participating in the construction of Germany's 5G next-generation mobile network could hurt Europe's largest economy, Interior Minister Horst Seehofer said on Wednesday.

Space station crew confident on eve of first launch since rocket failure

Two astronauts who survived a dramatic launch mishap in October said on Wednesday they were confident this time about reaching the International Space Station, though they said a small fault had been discovered on their rocket during final checks.

RTL to invest in streaming services, aims to treble audience

European broadcaster RTL will invest 350 million euros ($396 million) in its paid streaming services over the next three years, as it meets the challenge of global streaming giants like Netflix.

Top gamer 'Ninja' made $1 million to promote EA's 'Apex Legends' launch: source

What are a few hours playing videogames and a handful of tweets worth? $1 million if you are Tyler Blevins, known to millions as "Ninja," the world's most-followed computer gamer.

Israeli HR tech firm Hibob raises $20 million

Israeli human resources technology startup Hibob said on Wednesday it raised $20 million in an early funding round, bringing its total financing to date to $45 million.

Wipro Chairman Premji pledges 34 percent of company shares for philanthropy

Wipro Ltd Chairman Azim Premji has pledged about 34 percent of the company's shares controlled by him toward philanthropy, the Azim Premji Foundation said on Wednesday.

Chief executive who built up Avast to retire

Vince Steckler, the long-time chief executive of Avast who helped to develop the cyber security company, is to retire, overshadowing its first annual results since listing last May.

DTCC calls for level playing field for security tokens platforms

Regulators should apply existing infrastructure rules to platforms that process security tokens to ensure market stability, the financial industry-owned group which runs the plumbing for much of the world's trading said on Wednesday.

Verizon to start 5G mobile service in two U.S. cities from April

Verizon Communications Inc said on Wednesday its customers in Chicago and Minneapolis would be able to use its fifth generation wireless network from April 11 by paying $10 per month with any of its unlimited mobile plans.

U.S. warnings have prompted further talks on Huawei: German government spokeswoman

The letter of the United States's Ambassador to Germany warning Berlin against using Chinese manufacturer Huawei's equipment to build a next-generation telephone network has stimulated further discussion, a German government spokeswoman said on Wednesday.

Shanghai's hotly-anticipated tech board draws defectors from rivals

A growing number of companies trading on China's main over-the-counter (OTC) equity market are defecting to Shanghai's hotly-anticipated Nasdaq-style technology board, as they follow the money.

Crypto-assets pose risks to global banks, warns Basel Committee

The growth in crypto-assets such as Bitcoin pose a threat to banks and global financial stability, despite relatively low levels of exposure among key players, the Basel Committee has warned.

Smartphone shipments to China hit six-year low in February: market data

Smartphone shipments to China in February fell to their lowest in six years, market data indicated, as consumers continued to put off handset purchases amid a slowing economy.

Swedish government wants tighter telco network security

Sweden wants to tighten requirements for operators and suppliers of telecoms equipment amid concerns over network security, the minister for digital development said on Wednesday.

Spotify files EU antitrust complaint against Apple

Spotify has filed a complaint with EU antitrust regulators against Apple, saying the iPhone maker unfairly limits rivals to its own Apple Music streaming service.

Avast CEO to step down; annual results miss expectations

Cyber security firm Avast's long-time chief executive officer is stepping down, the company said on Wednesday as it reported marginally lower-than-expected adjusted revenue and earnings in its first annual results since listing in May.

Patch Tuesday, March 2019 Edition

Microsoft on Tuesday pushed out software updates to fix more than five dozen security vulnerabilities in its Windows operating systems, Internet Explorer, Edge, Office and Sharepoint. If you (ab)use Microsoft products, it’s time once again to start thinking about getting your patches on. Malwa...

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ZTE Corp controlling shareholder plans 3 percent stake sale after stock rebound

Chinese telecom equipment maker ZTE Corp's controlling shareholder plans to reduce its stake by as much as 3 percent after the stock more than doubled in value since surviving a U.S. sanction last year, showed regulatory filings late on Tuesday.

UK needs to meet Facebook, Google competition with new rules: report

Britain needs to overhaul its competition rules to tackle the dominance of tech giants like Facebook, Google and Amazon, and increase consumer choice, a government review said on Wednesday.

Uber hires more IPO underwriters as it prepares to go public: sources

Ride-hailing startup Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut, people familiar with the matter said on Tuesday.

Elon Musk's defense of his Tesla tweet will get SEC response

The top U.S. securities regulator received permission from a federal judge on Tuesday to respond to Tesla Inc Chief Executive Elon Musk's arguments that his Twitter post about the electric vehicle maker’s production volume did not violate his recent fraud settlement.

Electric vehicle demand likely to drop if tax credit ends: U.S. official

Electric vehicle demand is likely to drop if the United States eliminates a tax credit worth up to $7,500 as President Donald Trump has proposed, a senior U.S. Transportation Department official said on Tuesday.

U.S. SEC wants to respond to Elon Musk's defense of Tesla tweet

The top U.S. securities regulator on Tuesday sought permission from a judge to respond to Tesla Inc Chief Executive Elon Musk's arguments that his Twitter post about the electric vehicle maker’s production volume did not violate his fraud settlement with the government.