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Updated: 39 min 42 sec ago

Facebook faces big challenge to prevent future U.S. election meddling

Sat, 02/17/2018 - 08:13
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.

Venezuela cryptocurrency to draw investment from Turkey, Qatar: official

Sat, 02/17/2018 - 01:49
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.

Uber plans to sell Southeast Asia business to Grab: CNBC

Sat, 02/17/2018 - 00:59
(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.

Facebook loses Belgian privacy case, faces fine of up to $125 million

Sat, 02/17/2018 - 00:50
BRUSSELS (Reuters) - A Belgian court threatened Facebook 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.

Malicious cyber activity cost U.S. up to $109 billion in 2016: White House report

Sat, 02/17/2018 - 00:28
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.

Takata has resolved most objections to its U.S. bankruptcy: lawyer

Sat, 02/17/2018 - 00:25
WILMINGTON, Del (Reuters) - A lawyer for Takata Corp's U.S. business, bankrupted by a recall of faulty air bags, indicated on Friday that the company is on the verge of receiving court approval for its reorganization and $1.6 billion sale of its non-air bag businesses.

Malicious cyber activity cost U.S. economy $57 billion - $109 billion in 2016: White House report

Sat, 02/17/2018 - 00:17
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.

Intel hit with 32 lawsuits over security flaws

Sat, 02/17/2018 - 00:12
(Reuters) - Intel Corp said on Friday shareholders and customers had filed 32 class action lawsuits against the company in connection with recently-disclosed security flaws in its microchips.

WhatsApp to go ahead with 'full feature' money transfer service in India

Fri, 02/16/2018 - 22:49
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.

Facebook loses Belgian privacy case, faces fine up to $125 million

Fri, 02/16/2018 - 21:58
BRUSSELS (Reuters) - A Belgian court threatened Facebook 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.

Intel says 32 lawsuits filed against company over security flaws

Fri, 02/16/2018 - 21:43
(Reuters) - Intel Corp said on Friday 32 class action lawsuits had been filed against the company in connection with the recently disclosed security flaws in its chips.

Uber introduces new safety features as it fights to retain London license

Fri, 02/16/2018 - 20:10
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.

Swiss watchdog to treat some coin offerings as securities

Fri, 02/16/2018 - 18:00
ZURICH (Reuters) - Switzerland's financial watchdog will regulate some digital currency fundraisers, known as initial coin offerings (ICOs), either under anti-money laundering laws or as securities, it said on Friday.

Hackers stole $6 million from Russian bank via SWIFT system: central bank

Fri, 02/16/2018 - 17:23
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.

Exclusive: Walmart in talks to buy more than 40 percent of India's Flipkart - sources

Fri, 02/16/2018 - 17:05
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.

Exclusive: Walmart in talks to buy more than 40 percent of India's Flipkart - sources

Fri, 02/16/2018 - 15:12
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.

Hackers stole $6 million in attack on SWIFT system, Russian central bank says

Fri, 02/16/2018 - 13:06
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.

E-commerce firm Mercado Libre to open distribution centers in Mexico

Fri, 02/16/2018 - 11:46
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.

U.S. probe finds bitcoin mining operation interfered with broadband network

Fri, 02/16/2018 - 06:19
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 broadband network.

White House blames Russia for 'reckless' NotPetya cyber attack

Fri, 02/16/2018 - 05:53
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 countries across the globe.

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