LONDON/SAN FRANCISCO (Reuters) - The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast on Tuesday that his UK-based political consultancy's online campaign played a decisive role in U.S. President Donald Trump's 2016 election victory.
Spotify CEO eligible to sell up to $2 billion stake in public listing
(Reuters) - Daniel Ek, the CEO and co-founder of streaming music leader Spotify Technology SA , is eligible to sell up to 15.8 million shares of the company worth up to $2 billion in its direct listing, the company disclosed in a filing on Tuesday.
Cambridge Analytica CEO claims influence on U.S. election, Facebook faces questions
LONDON/SAN FRANCISCO (Reuters) - The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast on Tuesday that his UK-based political consultancy's online campaign played a decisive role in U.S. President Donald Trump's 2016 election victory.
G20 agrees to 'monitor' cryptocurrencies but no action yet
BUENOS AIRES (Reuters) - Financial policymakers from the world's top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage.
Amazon is now second most valuable U.S.-listed company, tops Alphabet
(Reuters) - Amazon.com became the second most valuable publicly listed U.S. company on Tuesday, surpassing Google parent Alphabet Inc for the first time.
Spotify CEO to sell up to $2 billion stake in public listing
(Reuters) - Daniel Ek, the Swedish CEO and co-founder of streaming music leader Spotify Technology SA , is set to sell 15.8 million shares of the company worth up to $2 billion in its direct listing, the company disclosed in a new filing on Tuesday.
Spotify to list shares worth up to $444.6 million
(Reuters) - Streaming music leader Spotify Technology SA on Tuesday filed for a direct listing of its shares worth up to $444.6 million.
On eve of trial on Time Warner deal, AT&T, U.S. government lay out cases
WASHINGTON (Reuters) - In a preview of arguments in the upcoming trial over AT&T's deal to buy Time Warner Inc , government lawyers said on Tuesday it will raise prices for consumers while AT&T's lawyer argued the company has no reason to withhold programming from competitors as feared.
Fatal U.S. self-driving auto accident raises novel legal questions
NEW YORK (Reuters) - The death of a pedestrian hit by a self-driving Uber vehicle in Arizona this week could offer a test of who can be held legally responsible for accidents when a human is no longer at the wheel, legal experts said.
G20 agrees to 'monitor' cryptocurrencies but no action yet
BUENOS AIRES (Reuters) - Financial policymakers from the world's top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage.
Social media stocks tumble as Wall Street fears regulation
SAN FRANCISCO (Reuters) - Shares of Facebook , Twitter and Snapchat-owner Snap fell further on Tuesday as Wall Street fretted over potential regulatory scrutiny that could hobble the business of the social networks.
Tesla denies Musk in talks with Israeli AI vision firm Cortica
TEL AVIV (Reuters) - U.S. electric car company Tesla Inc said on Tuesday that Chief Executive Elon Musk, who was visiting Israel, did not discuss a collaboration with artificial intelligence firm Cortica.
Toyota pauses self-driving car testing amid Uber accident probe
TEMPE, Ariz./DETROIT (Reuters) - Toyota Motor Corp said on Tuesday it will pause autonomous vehicle testing following an accident in which an Uber Technologies Inc self-driving vehicle struck and killed a woman in Tempe, Arizona.
U.S. FTC to question Facebook over consultancy's access to user data
SAN FRANCISCO/LONDON (Reuters) - Facebook Inc said Tuesday it faced questions from the lead U.S. consumer regulator about how its users' personal data was mined by a political consultancy hired by Donald Trump's campaign.
Cryptocurrencies need monitoring, not banning: Italy's Visco
BUENOS AIRES (Reuters) - Financial policymakers gathering in Buenos Aires on Tuesday agreed cryptocurrencies posed some risks but should not be banned altogether, the head of Italy's central bank said on Tuesday after the meeting.
15-Year-old Finds Flaw in Ledger Crypto Wallet
A 15-year-old security researcher has discovered a serious flaw in cryptocurrency hardware wallets made by Ledger, a French company whose popular products are designed to physically safeguard public and private keys used to receive or spend the user’s cryptocurrencies. Ledger’s Nano-S cr...
Egypt court orders suspension of Uber, Careem services in victory for taxis: sources
CAIRO (Reuters) - Egypt suspended the licenses of ride-hailing companies Uber and Careem on Tuesday, in a court ruling after taxi drivers sought to shut down the two firms' operations in the country, judicial sources said.
Google launches news initiative to combat fake news
(Reuters) - Alphabet Inc's Google is launching the Google News Initiative, to weed out fake news online and during breaking news situations, it said in a blog post on Tuesday.
Expedia's Orbitz says 880,000 payment cards hit in breach
(Reuters) - Orbitz, a subsidiary of online travel agency Expedia Inc , said on Tuesday that hackers may have accessed personal information from about 880,000 payment cards.
FTC to investigate Facebook over use of personal data: report
WASHINGTON/LONDON (Reuters) - The U.S. Federal Trade Commission is investigating Facebook Inc over its use of personal data, Bloomberg News reported on Tuesday, after a whistleblower said a political consultancy hired by Donald Trump improperly accessed information on 50 million Facebook users to sw...
Exclusive: Salesforce in advanced talks to buy MuleSoft - sources
(Reuters) - Salesforce.com Inc is in advanced discussions to acquire U.S. software maker MuleSoft Inc , people familiar with the matter told Reuters on Tuesday, as it looks to expand its offerings beyond customer relationship management software.
Egypt court suspends Uber, Careem licenses: judicial sources
CAIRO (Reuters) - An Egyptian court ordered the suspension of licenses for ride-hailing companies Uber and Careem on Tuesday, ruling on a lawsuit filed by taxi drivers seeking to shut down the two firms' operations in the country, judicial sources said.
Expedia's Orbitz says 880,000 payment cards hit by security breach
(Reuters) - Orbitz, a subsidiary of online travel agency Expedia Inc , said on Tuesday about 880,000 payment cards had been hit by a security breach and that hackers may have accessed personal information of its customers.
Investors crowded into tech sector, BAML March survey finds
LONDON (Reuters) - Global investors were crowded into so-called FAANG and BAT tech shares in March and continue to cling to equity holdings despite fears of trade wars and growth slowdown, Bank of America Merrill Lynch's latest monthly survey showed on Tuesday.
BlackBerry shares rise after software security pact with Microsoft
(Reuters) - BlackBerry Ltd's shares rose 4 percent in early trading on Tuesday after the company said it would provide security for one-time rival Microsoft Corp's flagship Office apps.
Egypt court orders suspension of Uber, Careem licences: judicial sources
CAIRO (Reuters) - An Egyptian court on Tuesday ordered the suspension of licences for ride-hailing companies Uber and Careem pending a lawsuit calling for them to halt services in Egypt, judicial sources said.
Former Israeli spy chief and team of elite hackers form cybersecurity firm
TEL AVIV (Reuters) - Retired Mossad chief Tamir Pardo said he has assembled a team of more than 30 hackers from Israel's security and intelligence services into a startup called XM Cyber that seeks to keep companies' networks safe by imitating how real hackers work.
BlackBerry's shares rise after software security pact with Microsoft
(Reuters) - BlackBerry Ltd's U.S.-listed shares rose nearly 6 percent in pre-market trading on Tuesday after the company said it would partner with Microsoft Corp to provide security for flagship Office apps used by businesses.
UK investigates Facebook over data breach, to raid Cambridge Analytica
LONDON (Reuters) - Britain is investigating whether Facebook did enough to protect data after a whistleblower said a London-based political consultancy hired by Donald Trump improperly accessed information on 50 million Facebook users to sway public opinion.
Japanese researchers seek to unmask Draghi's poker face to predict policy changes
TOKYO (Reuters) - If European Central Bank chief Mario Draghi appears slightly more downbeat at his regular news conference than before, it could foreshadow a possible move by to the bank to trim its monetary policy stimulus.