Identity thieves who specialize in tax refund fraud have been busy of late hacking online accounts at multiple tax preparation firms, using them to file phony refund requests. Once the Internal Revenue Service processes the return and deposits money into bank accounts of the hacked firms’ clie...

Identity thieves who specialize in tax refund fraud have been busy of late hacking online accounts at multiple tax preparation firms, using them to file phony refund requests. Once the Internal Revenue Service processes the return and deposits money into bank accounts of the hacked firms’ clie...

WASHINGTON (Reuters) - Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. Bipartisan momentum is growing in the Se...

WASHINGTON (Reuters) - Ten months before the United States votes in its first major election since the 2016 presidential contest, U.S. state election officials huddled in Washington this weekend to swap strategies on dealing with an uninvited guest: Russia. A pair of conferences usually devoted to s...

SINGAPORE (Reuters) - Singapore’s competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state’s top taxi operator, ComfortDelGro, and Uber [UBER.UL], after an initial review. The agency said it had requested further information fr...

SHANGHAI (Reuters) - China’s tech giants Alibaba Group Holding Ltd (BABA.N) and Tencent Holdings Ltd (0700.HK), worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets. Since the start of last year, the...

MUMBAI (Reuters) - India’s Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of Maharashtra, the company’s chairman Mukesh Ambani said. More than 20 global firm...

BERLIN (Reuters) - U.S. investigators probing Mercedes maker Daimler (DAIGn.DE) have found that its cars were equipped with software which may have help them to pass diesel emissions tests, a German newspaper reported on Sunday, citing confidential documents. There has been growing scrutiny of diese...

MUMBAI (Reuters) - India’s City Union Bank (CTBK.NS) said on Sunday that “cyber criminals” had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform. The comments come after the small private...

DUBAI (Reuters) - Careem, a Middle East competitor to Uber Technologies [UBER.UL], said on Sunday it had acquired RoundMenu and would start trialing food delivery services through the restaurant listing and reservation online platform this month. The Dubai-based ride hailing firm acquired the websit...

WASHINGTON (Reuters) - Facebook Inc (FB.O) will start using postcards sent by U.S. mail later this year to verify the identities and location of people who want to purchase U.S. election-related advertising on its site, a senior company executive said on Saturday. The postcard verification is Facebo...

(Reuters) - U.S. semiconductor company Qualcomm Inc should try to negotiate a sale to Broadcom Ltd following the latter’s sweetened $121 billion offer, proxy advisory firm Institutional Shareholder Services Inc (ISS) said. Qualcomm has been seeking to walk a fine line between resisting Broadco...

SAN FRANCISCO/WASHINGTON (Reuters) - The Russian influence operation designed to tamper with the 2016 U.S. presidential election used a combination of old-school espionage tactics and 21st-century technologies that will not be easy to stop, even now that the methods have been exposed, experts said. ...

CARACAS (Reuters) - Venezuela’s new “petro” cryptocurrency will attract investment from Turkey, Qatar, the United States and Europe, the country’s cryptocurrency regulator, Carlos Vargas, told reporters on Friday. The first sale of petros is scheduled for Tuesday. Reporting b...

(Reuters) - Uber Technologies [UBER.UL] is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake in the company, CNBC reported, citing two sources familiar with the matter. No deal has been reached yet and the timing of any deal is uncer...

BRUSSELS (Reuters) - A Belgian court threatened Facebook (FB.O) on Friday with a fine of up to 100 million euros ($125 million) if it continued to break privacy laws by tracking people on third-party websites. In a case brought by Belgium’s privacy watchdog, the court also ruled that Facebook ...

WASHINGTON (Reuters) - Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House Council of Economic Advisers estimated in a report on Friday. The report quoted the U.S. intelligence community as saying the main foreign culprits responsible for much...

WASHINGTON (Reuters) - A White House report estimated on Friday that malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016. The estimate was contained in a report by the White House Council of Economic Advisers on the economic costs of cyber threats. The report ...

MUMBAI (Reuters) - WhatsApp will launch a “full feature” inter-bank money transfer service in India, its biggest market, after a test involving a million users, National Payments Corp of India said. Friday’s statement marks the de facto official launch of WhatsApp’s new servi...

BRUSSELS (Reuters) - A Belgian court threatened Facebook (FB.O) with a fine of up to 100 million euros ($125 million) if it continued to break privacy laws by tracking people on third party websites. In a case brought by Belgium’s privacy watchdog, the court also ruled on Friday that Facebook ...

LONDON (Reuters) - Taxi service Uber, battling to retain its license to operate in the British capital, said on Friday it would introduce new safety features, including 24-hour telephone support for riders and drivers. The app said it would review all previous serious complaints and, from next month...

MAGNITOGORSK, Russia (Reuters) - Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday. The disclosure, buried at the bottom of a central bank report on digi...

MUMBAI (Reuters) - Walmart Inc (WMT.N) is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc (AMZN.O) in Asia’s third-largest economy, two sources familiar with the matter said on Friday. In what would be one of its big...

MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s third-largest economy, two sources familiar with the matter said on Friday. In what would be one of its biggest overseas dea...

MAGNITOGORSK, Russia (Reuters) - Unknown hackers stole 339.5 million rubles ($6 million) in an attack on the SWIFT international payments messaging system in Russia last year, the Russian central bank said on Friday. The disclosure, buried at the bottom of a central bank report on digital thefts at ...

MEXICO CITY (Reuters) - Mercado Libre, Latin America’s home-grown e-commerce firm, said on Thursday that it would open two large distribution centers in Mexico as part of an effort to improve its logistics in the country. Buenos Aires-based Mercado Libre said it would invest $100 million to op...

WASHINGTON (Reuters) - The Federal Communications Commission said on Thursday an investigation had found that a Brooklyn bitcoin mining operation interfered with T-Mobile US Inc’s (TMUS.O) broadband network. The company had complained about interference to its 700 MHz LTE network in Brooklyn f...

WASHINGTON/LONDON (Reuters) - The White House on Thursday blamed Russia for the devastating ‘NotPetya’ cyber attack last year, joining the British government in condemning Moscow for unleashing a virus that crippled parts of Ukraine’s infrastructure and damaged computers in countri...

WASHINGTON/LONDON (Reuters) - The White House on Thursday blamed Russia for the devastating ‘NotPetya’ cyber attack last year, joining the British government in condemning Moscow for unleashing a virus that crippled parts of Ukraine’s infrastructure and damaged computers in countri...

WASHINGTON (Reuters) - The United States on Thursday publicly blamed Russia for carrying out the so-called NotPetya cyber attack last year that crippled government and business computers in Ukraine before spreading around the world. The statement by the White House came hours after the British gover...