San Diego Sues Experian Over ID Theft Service

The City of San Diego, Calif. is suing consumer credit bureau Experian, alleging that a data breach first reported by KrebsOnSecurity in 2013 affected more than a quarter-million people in San Diego but that Experian never alerted affected consumers as required under California law. The lawsuit, fil...

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Qualcomm re-elects 10 existing directors to board at annual meeting

(Reuters) - Qualcomm Inc shareholders on Friday re-elected 10 directors to the company's board at the mobile chipmaker's annual meeting.

Dropbox shares surge in biggest tech debut since Snap

(Reuters) - Dropbox Inc's shares soared around 40 percent in their market debut on Friday as investors rushed to buy into the biggest tech IPO in more than a year.

Spotify to list shares in direct offering

(Reuters) - Streaming music leader Spotify Technology SA on Tuesday filed for a direct listing of its shares.

Carrefour calls on Google for voice boost in battle with Amazon

PARIS (Reuters) - Carrefour said it has joined forces with Google to create an online voice assistant called "Lea" as part of the French retailer's digital expansion.

U.S. House panel formally asks Facebook CEO to testify on user data

WASHINGTON (Reuters) - The leaders of the U.S. House Energy and Commerce Committee on Friday wrote Facebook Inc chief executive Mark Zuckerberg detailing new concerns about the social media company's use of data and formally requesting that he testify at a future hearing.

China's Tencent loses $51 billion in market value in two days

HONG KONG (Reuters) - Tencent Holdings Ltd's shares fell more than 4 percent on Friday, wiping out around $23 billion of market value, after the Chinese internet firm's largest shareholder, Naspers Ltd , lowered its stake for the first time in 17 years.

Dropbox heads for trading debut after upsized IPO pricing

(Reuters) - Having topped expectations with the upsized price of its initial public offering, Dropbox Inc on Friday faces its next big challenge: a successful launch of trading when global stock markets are the defensive and tech shares are particularly soft.

Spotify says about two million users suppressing ads without paying

(Reuters) - Music streaming service Spotify Technology SA [SPOT.N] said on Friday about 2 million of its non-paying users were suppressing advertisements, highlighting a potential revenue risk for the soon-to-be public company.

Ireland chooses investment firms to manage Apple cash

DUBLIN (Reuters) - Ireland on Friday chose Amundi , BlackRock Investment Management , and Goldman Sachs Asset Management to manage up to 15 billion euros ($18.5 billion) in disputed taxes Brussels has ordered it to collect from Apple.

Israeli social trading firm eToro raises $100 million in private funding

TEL AVIV (Reuters) - Israeli social investment platform eToro said it raised $100 million in private financing, bringing total funds raised to $162 million.

As Toshiba's $18 billion chip unit sale faces tight deadline, IPO looms

TOKYO (Reuters) - Japan's Toshiba Corp faces a Friday deadline to win Chinese antitrust approval to sell its prized $18 billion memory-chip business by end-March, raising the possibility the deadline may be missed and that it will seek alternatives such as an IPO.

Alibaba eyes China 'listing' as early as mid-year: IFR

BEIJING/SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd is planning a mainland listing via depositary receipts that could come as early as the middle of this year, Thomson Reuters unit IFR reported, citing a person with knowledge of the matter.

Facebook dropped from Australian Ethical ETF after data breach

(Reuters) - Facebook Inc will be removed from the Australia-based BetaShares Global Sustainability Leaders Exchange Traded Fund (ETHI) due to recent "controversies", its Responsible Investment Committee (RIC) said on Friday.

Tencent loses $24 billion in market cap after Naspers' selldown

HONG KONG (Reuters) - China's Tencent Holdings Ltd saw its shares down 4.51 percent at the midday trading break on Friday after the internet firm's largest shareholder, Naspers Ltd , said it would lower its stake for the first time in 17 years.

Tencent loses $24 billion in market cap after Naspers' selldown

HONG KONG (Reuters) - China's Tencent Holdings Ltd saw its shares down 4.51 percent at the midday trading break on Friday after the internet firm's largest shareholder, Naspers Ltd , said it would lower its stake for the first time in 17 years.

China gives Baidu go-ahead for self-driving tests after U.S. crash

SHANGHAI (Reuters) - China's capital city has given the green light to tech giant Baidu Inc to test self-driving cars on city streets, an important step as the country looks to bolster its position in the global race for autonomous vehicles.

NBA leaps on esports bandwagon with new league

LONDON (Reuters) - The inexorable advance of esports will break new ground next month when the NBA becomes the first American professional sports organization to operate an esports league.

Trade fears loom as Samsung Electronics shareholders approve stock split

SEOUL (Reuters) - Samsung Electronics Co Ltd shareholders approved a stock split on Friday making it easier for retail shareholders to hold shares in the tech giant, at an annual meeting also dogged by concerns about global trade tensions.

Tencent shares set to open down 7.8 percent after Naspers' selldown

HONG KONG (Reuters) - Shares of Tencent Holdings Ltd were set to open down 7.83 percent on Friday after Naspers Ltd's plan to cut its stake in the Chinese internet giant in a deal that could net the South African media and e-commerce group up to $11 billion.

Japan regulator warns cryptocurrency exchange Binance over unregistered operations

TOKYO (Reuters) - Japan's financial watchdog on Friday issued a warning to Hong Kong-based cryptocurrency exchange Binance for operating without registration, the latest move by regulators to tighten standards in the country's digital money industry.

China's Baidu gets green light for self-driving vehicle tests in Beijing

SHANGHAI (Reuters) - China's capital city has given the green light to tech giant Baidu Inc to test self-driving cars on city streets, an important step as the country looks to bolster its position in the global race for autonomous vehicles.

Japan to press charges against four firms over maglev train contracts

TOKYO (Reuters) - The Japan Fair Trade Commission said on Friday that it would press criminal charges against four construction firms for suspected collusion over contracts for an $80 billion high-speed magnetic levitation (maglev) train line.

Samsung Electronics CEO expects higher demand for value-added memory chips in 2018

SEOUL (Reuters) - Samsung Electronics Co Ltd expects demand to increase for value-added memory chips handling large data this year, its CEO said on Friday.

Samsung Elec expects uncertainty from protectionism in 2018: chairman

SEOUL (Reuters) - Samsung Electronics Co Ltd expects uncertainty from trade protectionism and geopolitical risk to persist throughout the year, its chairman of the board said on Friday.

Facebook apology does little to satisfy lawmakers, Wall Street

WASHINGTON/LONDON (Reuters) - Facebook Inc came under further pressure from lawmakers, investors, advertisers and users on Thursday, the day after Chief Executive Mark Zuckerberg admitted the social media network made mistakes in letting 50 million users' data get into the hands of political consult...

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JPMorgan mulls spin-off of blockchain project Quorum: sources

NEW YORK (Reuters) - JPMorgan Chase & Co is considering a spin-off of its marquee blockchain project Quorum believing independence from the bank could increase the platform's appeal, sources familiar with the matter said on Thursday.

Stock market principles needed in crypto world: SEC official

NEW YORK (Reuters) - The cryptocurrency trading marketplace could be improved by applying some of the principles from the stock market such as best execution and surveillance, a senior U.S. Securities and Exchange Commission official said on Thursday.

EU plans tougher consumer laws for Facebook, Gmail

BRUSSELS (Reuters) - The European Union is planning to apply tougher consumer laws to social media networks and email providers like Facebook and Google's Gmail as scrutiny of data protection grows in the wake of an outcry over Facebook's handling of data.

Norway plans to buy electric planes, mimicking green car success

OSLO (Reuters) - Norway said on Thursday it wants to buy electric passenger planes in the coming years to help slow climate change, building on its success with big tax breaks that have made it the world leader in electric car sales.