(Reuters) - Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings. “We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleadi...
Exclusive: Coincheck hackers trying to move stolen cryptocurrency - executive
LONDON (Reuters) - Hackers who stole around $530 million worth of cryptocurrency from the Coincheck exchange last week -- one of the biggest such heists ever -- are trying to move the stolen “XEM” coins, the foundation behind the digital currency said on Tuesday. NEM Foundation, creators...
U.S. agencies investigate Apple over slowing iPhones: Bloomberg
(Reuters) - The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc violated securities laws concerning its disclosures that it slowed older iPhones with flagging batteries, Bloomberg reported on Tuesday. The government has requested information ...
Exclusive: Coincheck hackers start moving stolen cryptocurrency - executive
LONDON (Reuters) - Hackers behind last week’s $530 million cryptocurrency heist -- one of the biggest ever -- have started to move and are trying to sell some of the stolen “XEM” coins, the vice president of the foundation behind the digital currency said on Tuesday. Jeff McDonald ...
Drugs Tripped Up Suspects In First Known ATM “Jackpotting” Attacks in the US
On Jan. 27, 2018, KrebsOnSecurity published what this author thought a scoop about the first known incidence of U.S. ATMs being hit with “jackpotting” attacks, a crime in which thieves deploy malware that forces cash machines to spit out money like a loose Las Vegas slot machine. As it h...
Drugs Tripped Up Suspects In First Known ATM “Jackpotting” Attacks in the US
On Jan. 27, 2018, KrebsOnSecurity published what this author thought a scoop about the first known incidence of U.S. ATMs being hit with “jackpotting” attacks, a crime in which thieves deploy malware that forces cash machines to spit out money like a loose Las Vegas slot machine. As it h...
Exclusive: Coincheck hackers attempting to sell stolen cryptocurrency - executive
LONDON (Reuters) - Hackers behind last week’s $530 million cryptocurrency heist - one of the biggest ever - have started trying to sell some of the stolen “XEM” coins, the vice president of the foundation behind the digital currency said on Tuesday. Jeff McDonald of the NEM Foundat...
Britain reviewing risks to its satellite-reliant infrastructure
LONDON (Reuters) - Britain is reviewing its reliance on satellite-based technology for critical infrastructure including the Global Positioning System (GPS) as the threat of jamming attacks and disruptions grows, a government report said on Tuesday. Emergency services, transport, communications and ...
Pencil-maker Faber-Castell sharpens up for digital age
NUREMBERG, Germany (Reuters) - If the digital revolution is going to consign anything to the dustbin of history, you might think the humble pencil would be a leading contender. However, with such pastimes as doodling and coloring being touted as stressbusters to escape the daily grind and the relent...
Amid angst over iPhone X, Wall Street braces for weak forecast from Apple
SAN FRANCISCO (Reuters) - When Apple Inc (AAPL.O) announces its first-quarter earnings on Thursday, investors will seek signs of whether the company’s $999 iPhone X launched last autumn was a Steve Jobs-style hit or, as more analysts suspect, a letdown. In recent weeks, Wall Street analysts ha...
SAP forces the pace on cloud, buys $2.4 billion U.S. software firm
WALLDORF, Germany (Reuters) - Europe’s top technology company SAP (SAPG.DE) announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins. The German company is midwa...
BP invests $5 million in FreeWire in electric vehicle move
(Reuters) - BP Plc said it had invested $5 million in U.S. mobile electric vehicle charging company FreeWire, helping it provide rapid charging at its retail sites in Britain and Europe, as demand for cleaner vehicles is expected to soar. BP joins rival Royal Dutch Shell, which last year agreed to b...
Canon sees 2018 profit jumping to decade high on cost cuts, medical unit
TOKYO (Reuters) - Japan’s Canon Inc said it expects operating profit to surge in 2018 to its highest level in a decade, helped by cost cuts in its copier and printer business as well as growth in new fields such as medical equipment and surveillance cameras. It forecast operating profit to ris...
Uber sells vehicle lease portfolio of unit to startup firm Fair
(Reuters) - Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease portfolio of its auto-leasing business Xchange Leasing to startup digital car marketplace Fair. The companies did not disclose financial terms. “We bought every car in the portfolio that is subject...
SAP talks up cloud business, buys $2.4 billion U.S. sales software firm
WALLDORF, Germany (Reuters) - SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott had promised a “dynamite” final quarter in its cloud business, as Europe’s top technology company announced a $2.4 billion U.S. acquisition. Fourth-qu...
Canon sees 2018 profit surging to decade high, diversification pays off
TOKYO (Reuters) - Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018 to its highest level in a decade, as it reaps the rewards of its efforts to diversify away from copiers and cameras. Canon forecast operating profit to rise to 420 billion yen ($3.9 bill...
Canon sees 2018 profit jumping 27 percent as diversification pays off
TOKYO (Reuters) - Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018, marking its second consecutive year of profit gains as its efforts to diversify away from copiers and cameras pay off. Canon forecast operating profit to rise to 420 billion yen ($3.9 b...
Fiat Chrysler, Waymo expand deal for self-driving public ride-hailing service
DETROIT (Reuters) - Fiat Chrysler Automobiles NV (FCA) will provide Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc’s self-driving unit begins rolling out its first public ride-hailing service later this year, the companies said on Tuesday. Depending on its scope and scale, th...
SAP America to buy Callidus for $2.4 billion
(Reuters) - German business software group SAP SE on Monday said its unit SAP America Inc will buy cloud-based company Callidus Software Inc for a total enterprise value of $2.4 billion. The deal represents a per share purchase price of $36, which is a premium of about 10 percent to Callidus’s...
Secure Your Home Wi-Fi Router
Several years ago, creating a cybersecure home was simple; most homes consisted of nothing more than a wireless network and several computers. Today, technology has become far more complex and is integrated into every part of our lives, from mobile devices and gaming consoles to your home thermostat...
Qualcomm to make first payment for violating competition law in Taiwan
TAIPEI (Reuters) - Qualcomm Inc will pay T$390 million ($13.35 million), its first installment of a fine for anti-trust violations in Taiwan, the Taiwan Fair Trade Commission said on Tuesday, as the U.S. chipmaker grapples with issues around its business model. The first payment is part of 60 instal...
India's Ola eyes Australia market in tussle with global rival Uber
MUMBAI (Reuters) - Indian ride-hailing company Ola announced plans on Tuesday to enter Australia, marking its first foray outside its home market and intensifying its tussle with U.S. rival Uber Technologies Inc. Ola will begin inviting private vehicle owners and driver partners to work with it in t...
Microsoft issues update to disable Intel's buggy Spectre patch
(Reuters) - Microsoft Corp issued an emergency security update on Monday to plug Intel Corp’s buggy Spectre firmware patch after the chipmaker’s fix caused computers to reboot more often than normal. Microsoft said it was rolling out an out-of-band update that specifically disables Intel...
Japan's Renesas dismisses report on talks to buy Maxim
TOKYO (Reuters) - Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc. Earlier, CNBC reported that discussions were ongoing for a deal that could be valued at up to $20 bill...
Trump team idea to nationalize 5G network to counter China is rejected
WASHINGTON (Reuters) - The top U.S. communications regulator, wireless companies and some lawmakers oppose an idea by members of President Donald Trump’s national security team for the government to build a 5G wireless network to counter China spying on phone calls. The Trump administration ha...
'Jackpotting' hackers steal over $1 million from ATMs across U.S.: Secret Service
WASHINGTON (Reuters) - A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills like slot machines dispensing a jackpot, a senior U.S. Secret Service officia...
Japan's Renesas in talks to buy U.S. chipmaker Maxim: CNBC
(Reuters) - Japanese chip company Renesas Electronics Corp (6723.T) is in talks to acquire U.S. chipmaker Maxim Integrated Products Inc (MXIM.O) in a deal that could be valued up to $20 billion, CNBC reported on Monday. A deal is not imminent and one may not happen, CNBC said. cn...
Pentagon reviewing security after fitness apps show locations
WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis has ordered a review of security protocols, officials say, after fitness tracking devices broadcast patterns of movement at military facilities around the world, including in war zones. Nathan Russer, a student at the Australian National Unive...
Facebook to promote local news in latest update
(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said on Monday the social media website would focus on promoting local news in its latest update. “Starting today, we’re going to show more stories from news sources in your local town or city,” Zuckerberg said in a Facebook ...
Tezos funder pledges to 'step back' once crypto-venture's woes are solved
ZURICH (Reuters) - The president of a foundation that controls funding for a cryptocurrency project called Tezos has pledged to “step back” from his role once the project is back on track, after months of dysfunction and public battles with Tezos’ founders. Tezos raised $232 millio...