Whirlpool profit forecast misses estimates, despite tariffs boost

(Reuters) - Whirlpool Corp’s (WHR.N) revenue growth unexpectedly slowed in the fourth quarter, and the home appliance maker’s full-year profit forecast fell short of market expectations, sending its shares down in trading after the bell on Wednesday. The company’s report comes two ...

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Chronicle: A Meteor Aimed At Planet Threat Intel?

Alphabet Inc., the parent company of Google, said today it is in the process of rolling out a new service designed to help companies more quickly make sense of and act on the mountains of threat data produced each day by cybersecurity tools. Countless organizations rely on a hodgepodge of security s...

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Chronicle: A Meteor Aimed At Planet Threat Intel?

Alphabet Inc., the parent company of Google, said today it is in the process of rolling out a new service designed to help companies more quickly make sense of and act on the mountains of threat data produced each day by cybersecurity tools. Countless organizations rely on a hodgepodge of security s...

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Whirlpool's full-year profit forecast misses estimate

(Reuters) - Whirlpool Corp (WHR.N) posted a steep slowdown in sales for the fourth quarter and its full-year profit forecast fell short of market expectations as the home appliances maker struggles with higher costs of raw material such as steel. To offset the higher material costs, Whirlpool had sa...

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EU court to decide if Austrian can bring Facebook class action suit

BRUSSELS (Reuters) - The highest court in the European Union will decide on Thursday whether an Austrian privacy activist can bring a class action lawsuit against Facebook for what he says are illegal violations of the privacy of users. Max Schrems, long a thorn in Facebook’s side, is claiming...

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Whirlpool posts quarterly loss due to tax reform charge

(Reuters) - Home appliances maker Whirlpool Corp on Wednesday posted a quarterly loss, compared with a year-ago profit, hit by a charge of about $420 million related to the U.S. tax reforms. Net loss available to Whirlpool was $268 million, or $3.69 per share, in the fourth quarter ended Dec. 31, co...

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Senate looks for way out of gridlock on self-driving car bill

WASHINGTON (Reuters) - The chairman of the U.S. Senate Commerce Committee is pursuing different strategies to win approval this year of landmark self-driving car legislation that could make it easier for automakers to get thousands of cars on the road without human controls. Self-driving cars could ...

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AT&T urges Congress to rewrite net neutrality rules

WASHINGTON (Reuters) - AT&T Inc urged U.S. Congress on Wednesday to write new laws to govern the internet, seeing that as preferable to future regulatory involvement after the Trump administration voted to rescind so-called net neutrality rules late last year. The repeal lifted restrictions that...

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Alphabet unveils Chronicle, a new cyber security business incubated at X

SAN FRANCISCO (Reuters) - Alphabet Inc on Tuesday unveiled Chronicle, a cyber security business founded in its X incubation unit in early 2016 that is focusing on developing digital “immune systems” for customers. “The reality for most companies today when it comes to cyber securit...

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English soccer club Arsenal signs up to promote cryptocurrency

LONDON (Reuters) - English soccer team Arsenal is entering the cryptocurrency world by signing a deal to promote new digital tokens being sold by an American gaming software company. California-based CashBet said on Wednesday that the Premier League club had agreed to become its “exclusive and...

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Siemens prepares for industrial software consolidation

BERLIN (Reuters) - Germany’s Siemens is preparing for an eventual consolidation of platforms competing to provide businesses with factory software, its digital factory division head said. While digitally enhanced manufacturing is still in its infancy, competition is already fierce, as evidence...

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Google to open tech center near Lisbon, creating 500 jobs - prime minister

LISBON (Reuters) - Alphabet Inc’s Google will open a new support center for Europe, Middle East and Africa in Portugal this year, Prime Minister Antonio Costa said on Wednesday. In televised remarks from Davos, Switzerland, Costa said the decision by the U.S. technology company would mean the ...

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China's JD.com complains of 'serious' U.S. protectionism

DAVOS, Switzerland (Reuters) - The head of China’s second-biggest e-commerce company, JD.com Inc, accused the United States on Wednesday of practicing “serious” protectionism against Chinese firms and said this would ultimately backfire on the world’s largest economy. “...

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Expert: IoT Botnets the Work of a ‘Vast Minority’

In December 2017, the U.S. Department of Justice announced indictments and guilty pleas by three men in the United States responsible for creating and using Mirai, a malware strain that enslaves poorly-secured “Internet of Things” or IoT devices like security cameras and digital video re...

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Expert: IoT Botnets the Work of a ‘Vast Minority’

In December 2017, the U.S. Department of Justice announced indictments and guilty pleas by three men in the United States responsible for creating and using Mirai, a malware strain that enslaves poorly-secured “Internet of Things” or IoT devices like security cameras and digital video re...

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Burger King tweaks U.S. regulator in new 'net neutrality' advertisement

WASHINGTON (Reuters) - Fast food company Burger King is taking on the Trump administration’s decision to reverse the landmark 2015 net neutrality rules and making fun of the top U.S. telecommunications regulator in doing so. The Republican-majority Federal Communications Commission voted in De...

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Apple to add battery features after slowdown row

(Reuters) - Apple Inc announced changes on Wednesday that make good on its promise to allow users to turn off a controversial feature that slows down iPhones when batteries are running low, although it signaled it might take months more to deliver. Apple confirmed in December that software in its iP...

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Israeli road hazard warning app Nexar raises $30 million

TEL AVIV (Reuters) - Israel-based Nexar, whose technology warns drivers of real-time road hazards, said on Wednesday it raised $30 million in a financing round led by Ibex Ventures. Alibaba, Nationwide Insurance, GE Ventures and previous investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures...

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ICO funded projects hit by 100 cyber attacks a month: report

MOSCOW (Reuters) - Projects which raise funds through “initial coin offerings” (ICOs) are attacked by cyber criminals 100 times a month on average, a report said, underscoring the risks of investing in cryptocurrency ventures online. The research, published by Moscow-based cyber security...

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Fintechs impatient as British banks seek extra time to open up

LONDON (Reuters) - Financial technology firms were supposed to start breaking into mainstream banking this month when new rules forced Britain’s nine big banks to loosen their grip on the industry. But many fintech companies are still waiting with frustration on the sidelines after the banks d...

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Baidu seeks new investors for finance unit in up to $2 billion deal: sources

HONG KONG (Reuters) - Chinese search engine Baidu Inc is seeking new investors for its wholly-owned finance unit, in a deal that could fetch up to $2 billion and deepen its push into financial services, people with knowledge of the matter said. The investors will either buy some of Baidu’s sha...

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Reporting an Incident

We know you care about protecting your computer and mobile devices and take steps to secure them. However, no matter how securely you use technology, you may eventually be hacked or “compromised.” In this newsletter, you will learn how to determine if your computer or mobile device has b...

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Texas Instruments' revenue growth slowdown rattles investors

(Reuters) - Texas Instruments Inc (TXN.O) on Tuesday posted the slowest revenue growth in four quarters, disappointing investors who were expecting demand for the company’s automotive chips to drive strong results. Shares of the Dallas-based company fell 6.6 percent in after-hours trading on T...

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Facebook buys Boston software company that authenticates IDs

NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on Tuesday, a step that may help the social media company learn more about the people who buy ads on its network. U.S. la...

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Texas Instruments fails to beat earnings estimates, shares fall

(Reuters) - Chipmaker Texas Instruments Inc’s (TXN.O) fourth-quarter earnings failed to exceed Wall Street expectations after several quarters of better-than-expected results, sending its shares down 5 percent on Tuesday. The Dallas-based company reported a 67 percent slump in profit to $344 m...

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Facebook buys Boston software company that authenticates IDs: source

NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) is buying Boston-based software company Confirm Inc, which specializes in authenticating government-issued identification cards, a person familiar with the acquisition said on Tuesday. Confirm, which says on its website that it has more than 750...

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Apple launches HomePod voice speaker, takes on Google, Amazon

(Reuters) - After missing the critical holiday shopping season, Apple Inc has jumped into the voice speaker wars with the HomePod smart speaker, a device that will use its Siri voice assistant and compete against offerings from Amazon.com Inc and Alphabet Inc’s Google. Apple said on Tuesday it...

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Online lender SoFi nabs Twitter executive Noto as CEO

(Reuters) - Wall Street banker turned Silicon Valley executive Anthony Noto has left Twitter Inc (TWTR.N) to become chief executive officer of online lender Social Finance Inc, the companies said on Tuesday. The move sowed fresh doubts that the microblogging site will be able to pull off an ambitiou...

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Tesla sets massive stock awards for Musk based on boosting market value

BANGALORE/SAN FRANCISCO (Reuters) - Silicon Valley billionaire Elon Musk could earn as much as $55.8 billion in Tesla Inc stock and own more than a quarter of the electric car company in the next decade if he hits all targets of a bold new pay plan. The unexpected compensation arrangement - announce...

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Self-driving car experts offer online degree in 'flying cars'

(Reuters) - Self-driving car pioneer Sebastian Thrun has shifted his gaze to the skies, as his Silicon Valley online school Udacity launches what it calls the first "nanodegree" in flying car engineering.