ABOARD AIR FORCE ONE (Reuters) - U.S. President Donald Trump said on Thursday he would take a very serious look at policies that might affect online retailer Amazon.com Inc.
Facebook fined $33 million for failing to aid Brazil graft probe
BRASILIA (Reuters) - A Brazilian judge has ordered that Facebook Inc pay 111.7 million reais ($33.4 million) for failing to cooperate with a corruption investigation in the state of Amazonas, federal prosecutors said on Thursday.
U.S. congressional panels probe whether Russia got Facebook data: sources
WASHINGTON (Reuters) - Investigators on two congressional panels are looking into whether Russia acquired the data of millions of Facebook users and if companies with ties to then-2016 Republican election candidate Donald Trump's campaign played any role in providing it, three sources familiar with ...
Instacart valued at $4.35 billion after latest funding round
(Reuters) - Grocery delivery startup Instacart said on Thursday it had closed its series E financing round of $350 million, bringing the company's valuation to $4.35 billion.
IBM joins group building a blockchain-based global identity network
NEW YORK (Reuters) - International Business Machines Corp has joined a private, non-profit organization called Sovrin Foundation that is seeking to build a global decentralized identity system based on blockchain technology.
U.S. tax liabilities for crypto currencies in 2017 seen at $25 billion, to pressure bitcoin: Fundstrat
NEW YORK (Reuters) - Soaring crypto-currency prices last year are estimated to result in U.S. tax liabilities of $25 billion, adding further selling pressure to these assets in the short term, according to a research note by Fundstrat Global Advisers on Thursday.
Too early to say whether Facebook has done enough on data: UK watchdog
LONDON (Reuters) - Facebook is co-operating with Britain's Information Commissioner's Office (ICO) as it examines how 30 organizations have used personal data, but the ICO said on Thursday it was too early to say whether the social media giant had done enough.
SNB's Maechler says cryptocurrencies won't rival conventional currency
ZURICH (Reuters) - Cryptocurrencies are not true competitors to conventional currencies despite soaring interest in products like bitcoin, Swiss National Bank Governing Board member Andrea Maechler said on Thursday.
Secret Service Warns of Chip Card Scheme
The U.S. Secret Service is warning financial institutions about a new scam involving the temporary theft of chip-based debit cards issued to large corporations. In this scheme, the fraudsters intercept new debit cards in the mail and replace the chips on the cards with chips from old cards. When the...
Vivendi does not see CDP's entry in Telecom Italia as hostile: source
MILAN (Reuters) - Telecom Italia's (TIM) top shareholder Vivendi does not see a potential entry by Italian state lender CDP into the Italian phone company as a hostile move, a source close to the matter said on Thursday.
Facebook shares rise as Zuckerberg soothes investors
(Reuters) - Shares of Facebook Inc headed toward their biggest daily rise in a month at opening on Thursday, after Chief Executive Mark Zuckerberg said the social network had not seen any meaningful impact on usage or ad sales in the wake of the data privacy scandal.
Man City find their perfect match with Tinder deal
(Reuters) - Premier League leaders Manchester City have swiped right on a unique deal with dating app Tinder, both organizations said on Thursday.
Kremlin calls Facebook's removal of Russian media accounts censorship
MOSCOW (Reuters) - The Kremlin on Thursday said Facebook's removal of accounts controlled by various Russian media was a hostile move that smacked of censorship.
India's MakeMyTrip partners Flipkart for travel bookings
NEW DELHI (Reuters) - Indian online travel portal MakeMyTrip Ltd has formed a partnership with Flipkart to allow customers to book domestic flight tickets and other travel services directly through the e-commerce firm's portal.
Telefonica comes out on top in 1.4 billion pound UK spectrum auction
LONDON (Reuters) - Telefonica's O2 won the biggest chunk of new British mobile airwaves in an auction that raised 1.36 billion pounds ($1.9 billion) for the government, regulator Ofcom said.
Uber to suspend service in Greece after new legislation
ATHENS (Reuters) - Ride-hailing service Uber said on Thursday it would suspend its licensed service in Greece after the approval of local legislation which imposes stricter regulation on the sector.
Telefonica comes out on top in British mobile airwaves auction
LONDON (Reuters) - Telefonica's O2 won the biggest chunk of new British mobile airwaves in an auction that raised 1.36 billion pounds($1.9 billion) for the government, regulator Ofcom said.
Italian state lender to buy stake in Telecom Italia: sources
MILAN (Reuters) - Italian state lender CDP is set to buy a stake of up to 5 percent in Telecom Italia, three sources close to the matter said on Thursday, in a move intended to protect the country's interest in the company.
Italian state lender to buy shares in Telecom Italia on market or in block orders: source
MILAN (Reuters) - Italian state lender CDP intends to buy shares in Telecom Italia (TIM) on the market or in block orders, a source told Reuters on Thursday.
Italian state lender CDP set to buy stake of up to 5 percent in Telecom Italia: sources
MILAN (Reuters) - Italian state lender CDP will buy a stake of up to 5 percent in Telecom Italia, two sources close to the matter said on Thursday.
Australia begins privacy investigation into Facebook
SYDNEY (Reuters) - Australia's Privacy Commissioner said on Thursday she had opened a formal investigation into social media giant Facebook Inc after the company confirmed data from 300,000 Australian users may have been used without authorization.
Sears Holding, Delta Air hit by customer data breach at tech firm
(Reuters) - Department store chain Sears Holding Corp and Delta Air Lines Inc said on Wednesday some of their customer payment information may have been exposed in a cyber security breach at software service provider [ 24]7.ai.
Delta Air says breach at tech firm may have exposed some customer data
(Reuters) - Delta Air Lines Inc said on Wednesday some of its customer payment information may have been exposed in a cyber security breach at software service provider [24]7.ai.
South Korean cryptocurrency employees detained over alleged embezzlement: paper
SEOUL (Reuters) - Employees of Coinnest, South Korea's fifth largest cryptocurrency exchange, were detained on Thursday in connection with the alleged embezzlement of assets, Maeil Business Newspaper reported on Thursday, citing prosecutors.
Tech companies aim for easy access over brawny security at offices
SAN FRANCISCO (Reuters) - Silicon Valley may tighten security after a shooting at the YouTube headquarters stunned the San Francisco Bay Area this week, but do not expect armed guards to take up protective posts around tech companies' campuses.
Facebook's Zuckerberg to testify before Congress on April 10-11
WASHINGTON (Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg will testify next week before congressional committees over a political consulting firm's misuse of customer data to interfere in the U.S. presidential election, U.S. lawmakers said on Wednesday. Zuckerberg will appear befor...
Researchers to boycott South Korean university over AI weapons work
BERLIN (Reuters) - Over 50 top Artificial Intelligence researchers on Wednesday announced a boycott of KAIST, South Korea's top university, after it opened what they called an AI weapons lab with one of South Korea's largest companies.
Foxconn and Sirin Labs to make first blockchain smartphone
(Reuters) - Swiss-Israeli technology firm Sirin Labs said that FIH Mobile Ltd, a subsidiary of world's largest contract electronics manufacturer Foxconn, will manufacture its Finney blockchain smartphone, which is designed to securely store and use digital currencies such as bitcoin in fee-less tran...
Broadcom completes move to U.S. from Singapore
(Reuters) - Broadcom Inc said on Wednesday it had completed its move back to the United States from Singapore, weeks after President Donald Trump blocked its $117 billion offer to buy Qualcomm Inc on national security grounds.
Spotify shares attract all ages, not just Millennials
NEW YORK (Reuters) - The buzzy debut of Spotify Technology SA on the New York Stock Exchange on Tuesday drew retail investors across generations, not just the Millennials who make up the largest proportion of the music streaming service's customer base, retail brokerages said on Wednesday.