Germany demands more privacy safeguards from Facebook: report

BERLIN (Reuters) - Germany's justice minister has asked Facebook Chief Executive in a letter to be transparent with users by giving them more control, saying allegations of the improper use of data for millions of people is unacceptable, a German media group reported on Thursday.

Nigeria's Internet fraudsters zero in on corporate email accounts

ABUJA (Reuters) - West Africa's infamous internet scammers have evolved, dropping their impersonations of online love interests, princes and U.S. soldiers in favor of hijacking corporate emails, costing businesses hundreds of millions of dollars a year.

Anheuser-Busch orders up to 800 hydrogen-fueled big rigs

SEATTLE (Reuters) - Budweiser beer maker Anheuser-Busch said on Thursday it reserved up to 800 hydrogen-fueled semi-trucks from Nikola Motor Company as part of plans to convert its dedicated long-haul fleet to renewable powered trucks by 2025.

Born in a dishwasher drawer, an Italian spin on currency mining

FLORENCE, Italy (Reuters) - Two Italian entrepreneurs are raising up to 20 million euros ($25 million) as they try to carve out a new niche in crypto-currency mining - a dream that began in a dishwasher drawer.

In U.S. Gulf, robots, drones take on dangerous offshore oil work

HOUSTON (Reuters) - At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor.

China's Xiaomi picks Hong Kong for $10 billion IPO, lifts lid on financials

BEIJING/HONG KONG (Reuters) - Chinese smartphone and connected device maker Xiaomi [IPO-XMGP.HK] is bringing its blockbuster initial public offering to Hong Kong, where it could raise about $10 billion in the largest listing globally in almost four years.

After a year of Macron, start-up hum grows at Paris's Station F

PARIS (Reuters) - If there's one industry Emmanuel Macron has sought to tie his political fortunes to since storming to victory in France's presidential election last May, it's technology.

Australia's Commonwealth Bank says records of nearly 20 mln accounts lost

SYDNEY (Reuters) - Commonwealth Bank of Australia (CBA), the country's top lender, confirmed on Thursday it lost records of almost 20 million accounts and decided to not inform its clients, a breach the nation's prime minister called "an extraordinary blunder".

China's Xiaomi files for mega Hong Kong tech IPO, lifts lid on financials

BEIJING/HONG KONG (Reuters) - Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday that could raise $10 billion and become the largest listing by a Chinese technology firm in almost four years.

GM bets on 3D printers for cheaper and lighter car parts

DETROIT (Reuters) - General Motors Co said on Thursday it was working with design software company Autodesk Inc to manufacture new, lightweight 3D-printed parts that could help the automaker meet its goals to add alternative-fuel vehicles to its product lineup.

The price of Musk cutting off analysts? For Tesla, it's $2 billion

SAN FRANCISCO (Reuters) - Ducking analysts' questions has a price: $2 billion.

China's Xiaomi files for mega Hong Kong IPO, lifts lid on financials

BEIJING (Reuters) - Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday, in what is expected to be the largest listing by a Chinese tech company in almost four years.

Amazon to open new fulfillment center in Australia

(Reuters) - Amazon.com Inc said on Thursday it would open a new Australian fulfillment center in the southwest of Sydney, the country's biggest city, in the second half of 2018.

The price of cutting off analysts? For Tesla, it's $2 billion

SAN FRANCISCO (Reuters) - Ducking analysts' questions has a price: $2 billion.

Spotify hits wrong note with new customer forecast

LONDON/BENGALURU (Reuters) - Spotify Technology SA missed the beat on Wednesday. The streaming music leader fell short of investor hopes that it could turn free music listeners into paying subscribers at a faster clip, and its shares dropped as much as 9 percent.

Facebook employee fired over bragging about access to user information

(Reuters) - Facebook Inc on Thursday said that it fired an employee accused of bragging on matchmaking app Tinder about his access to private user information.

U.S. safety agency says 'did not assess' Tesla Autopilot effectiveness

WASHINGTON (Reuters) - A U.S. traffic safety regulator on Wednesday contradicted Tesla Inc's claim that the agency had found that its Autopilot technology significantly reduced crashes, saying that regulators "did not assess" the system's effectiveness in a 2017 report.

Spotify falls just short on revenue, sending shares tumbling

LONDON/BENGALURU (Reuters) - Spotify Technology SA shares dropped 9 percent after the streaming music leader's subscriber outlook and quarterly revenue fell just short of analyst estimates in its first report as a public company.

Ex-NSA chief's startup raises $78 million, helps defend U.S. power grid

WASHINGTON (Reuters) - IronNet Cybersecurity Inc, a startup led by former U.S. National Security Agency chief Keith Alexander, has raised $78 million in additional funding, the company told Reuters on Wednesday, a day ahead of a planned announcement.

Tesla says Model 3 production on track, will curb spending in 2018

SAN FRANCISCO (Reuters) - Tesla Inc stood by its production targets for its Model 3 on Wednesday, assuring investors that its key new vehicle was on track, and sought to downplay increased wariness over its finances, saying it expected to achieve net profit in both its third and fourth quarters.

Poorest U.S. consumers seen hit hard by T-Mobile, Sprint merger

(Reuters) - The poorest U.S. consumers would lose most from the proposed tie-up of wireless carriers T-Mobile US Inc and Sprint Corp, according to consumer advocates who warned the combined company would hike fees for pre-paid and other low-cost mobile phone plans.

Spotify revenue just shy of Wall Street estimate, shares drop

LONDON/BENGALURU (Reuters) - Music streaming leader Spotify Technology on Wednesday posted quarterly revenue just below Wall Street's average estimate in its first report as a publicly traded company, sending its shares down 9 percent in after-hours trading.

Fitbit's current-quarter revenue forecast misses estimates

(Reuters) - Wearable device maker Fitbit Inc's forecast for current-quarter revenue missed Wall Street estimates, hurt by a drop in sales of fitness trackers.

Amazon makes bid to spoil Walmart-Flipkart deal: report

BENGALURU/MUMBAI (Reuters) - Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart, CNBC-TV18 reported on Wednesday, potentially complicating Walmart Inc's bid for majority ownership of the Indian online retailer.

Spotify operating loss narrows in first quarterly report

LONDON (Reuters) - Spotify Technology on Wednesday posted quarterly revenue in line with its recent outlook and sharply lower operating losses in the music streaming leader's first financial report as a publicly traded company.

U.S. considering restrictions on China's telecoms companies: sources

WASHINGTON (Reuters) - The Trump administration is considering issuing an executive order that would restrict some Chinese companies' ability to sell telecommunications equipment in the United States, two industry officials said, an action likely aimed at Huawei Technologies Co Ltd [HWT.UL] and ZTE ...

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When Your Employees Post Passwords Online

Storing passwords in plaintext online is never a good idea, but it’s remarkable how many companies have employees who are doing just that using online collaboration tools like Trello.com. Last week, KrebsOnSecurity notified a host of companies that employees were using Trello to share password...

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Apple services segment faces margin, competitive challenges

(Reuters) - Apple Inc is betting on services such as app downloads and music subscriptions to help drive growth as the cell phone market matures, but the company faces tough competitors and potentially low profit margins in some of its target areas.

U.S. considering restrictions on China's telecoms companies: WSJ

WASHINGTON (Reuters) - The Trump administration is considering executive action to restrict some Chinese companies' ability to sell telecommunications equipment in the United States, the Wall Street Journal reported on Wednesday.

U.S. considering restrictions on Chinese telecoms companies: WSJ

WASHINGTON (Reuters) - The Trump administration is considering executive action to restrict some Chinese companies’ ability to sell telecommunications equipment in the United States, the Wall Street Journal reported on Wednesday.