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Vote to repeal U.S. broadband privacy rules sparks interest in VPNs

Wed, 29 Mar 2017 01:42:46 -0400

(Reuters) - The vote by the U.S. Congress to repeal rules that limit how internet service providers can use customer data has generated renewed interest in an old internet technology: virtual private networks, or VPNs.(image)

A scramble at Cisco exposes uncomfortable truths about U.S. cyber defense

Wed, 29 Mar 2017 07:04:19 -0400

SAN FRANCISCO (Reuters) - When WikiLeaks founder Julian Assange disclosed earlier this month that his anti-secrecy group had obtained CIA tools for hacking into technology products made by U.S. companies, security engineers at Cisco Systems swung into action.(image)

Samsung launches Galaxy S8 and dreams of recovery from Note 7

Wed, 29 Mar 2017 12:53:04 -0400

(Reuters) - Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s.(image)

Turkish court halts activities of over breach of competition law: association

Wed, 29 Mar 2017 10:00:28 -0400

ANKARA (Reuters) - A Turkish court halted the activities of online travel agent in a court case alleging the website had violated Turkish competition law, the Association of Turkish Travel Agencies (TURSAB) said on Wednesday.(image)

Top EU court to weigh in on luxury brands' attempts to ban online sales

Wed, 29 Mar 2017 12:22:30 -0400

BRUSSELS (Reuters) - Europe's top court will begin a landmark case on Thursday which could determine whether luxury goods companies can stop retailers from selling their products via marketplaces such as Amazon or eBay.(image)

Audi's unions demand electric model for main German plant

Wed, 29 Mar 2017 10:07:52 -0400

BERLIN (Reuters) - Labor leaders at Volkswagen's luxury Audi brand have asked top management to assign production of an all-electric model to the carmaker's main plant in Germany, concerned they might lose out as electric cars gain in importance.(image)

Bangladesh Bank heist was 'state-sponsored': U.S. official

Wed, 29 Mar 2017 09:31:08 -0400

MANILA (Reuters) - The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday.(image)

Digital asset exchange ShapeShift raises $10.4 million in funding

Wed, 29 Mar 2017 12:38:24 -0400

(Reuters) - Switzerland-based ShapeShift, a digital currency exchange, said on Wednesday it has raised $10.4 million in capital from both U.S. and international venture capital investors to fund future expansion.(image)

Congress sends White House repeal of broadband privacy rules

Wed, 29 Mar 2017 05:46:27 -0400

WASHINGTON (Reuters) - The U.S. House voted on Tuesday 215-205 to repeal regulations requiring internet service providers to do more to protect customers' privacy than websites like Alphabet Inc's Google or Facebook Inc.(image)

SK Hynix consortium bids over $9 billion for Toshiba chip unit: Maeil Business

Wed, 29 Mar 2017 03:18:06 -0400

SEOUL (Reuters) - A consortium led by South Korea's SK Hynix Inc has offered to pay more than $9 billion for a majority stake in Toshiba Corp's memory chip business, the Maeil Business Newspaper reported on Wednesday citing unnamed sources.(image)