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NSA chief on Russia-U.S. cyber unit: Now is 'not the best time'

Sat, 22 Jul 2017 17:54:38 -0400

ASPEN, Colo. (Reuters) - National Security Agency Director Mike Rogers on Saturday rebuffed the prospect for a U.S.-Russia cyber unit, a proposal which has been greeted with incredulity by several senior U.S. lawmakers and which President Donald Trump himself appeared to back down from after initially indicating interest.(image)

Half of German companies hit by sabotage, spying in last two years, BSI says

Fri, 21 Jul 2017 10:14:13 -0400

BERLIN (Reuters) - More than half the companies in Germany have been hit by spying, sabotage or data theft in the last two years, the German IT industry association Bitkom said on Friday, and estimated the attacks caused around 55 billion euros' worth of damage a year.(image)

Lyft accelerates efforts to develop self-driving cars

Fri, 21 Jul 2017 19:32:05 -0400

SAN FRANCISCO (Reuters) - Lyft Inc has formed a self-driving car division, company executives said, a bold investment for the second-largest U.S. ride-services firm as it jockeys for position in the highly competitive autonomous vehicle race.(image)

FTC probing allegations of Amazon's deceptive discounting

Fri, 21 Jul 2017 17:54:16 -0400

WASHINGTON (Reuters) - As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe.(image)

Exclusive: Baidu, to join others investing $12 billion in state-owned China Unicom - sources

Fri, 21 Jul 2017 10:53:41 -0400

HONG KONG (Reuters) - Baidu Inc and will join other big Chinese technology firms to jointly invest about $12 billion in the Shanghai-listed unit of China Unicom, the weakest of three big state-owned telecoms firms, two people with direct knowledge of the matter said.(image)

Bitcoin averts split as miners back new software upgrade

Fri, 21 Jul 2017 18:51:24 -0400

NEW YORK (Reuters) - Digital currency bitcoin on Friday averted a split into two currencies after its network supported an upgrade to its software that would enhance its ability to process an increasing number of transactions.(image)

Japan's bazaar app Mercari applies for IPO: Nikkei

Sat, 22 Jul 2017 01:21:19 -0400

TOKYO (Reuters) - Japanese peer-to-peer marketplace app operator Mercari has applied to list its shares with the Tokyo Stock Exchange, which could be the biggest initial public offering (IPO) this year, the Nikkei business daily said on Saturday.(image)

Moscow in talks with U.S. to create cyber working group: RIA report

Thu, 20 Jul 2017 16:20:55 -0400

MOSCOW/LONDON/WASHINGTON (Reuters) - Moscow and Washington are in talks to create a joint cyber security working group, Russia's RIA news agency reported on Thursday, citing Andrey Krutskikh, a special presidential envoy on cyber security.(image)

Amid VPN crackdown, China eyes upgrades to Great Firewall

Thu, 20 Jul 2017 09:38:05 -0400

BEIJING (Reuters) - A Chinese telecoms carrier said it had begun closing virtual private networks (VPNs) and other tools that can bypass the so-called Great Firewall, which state authorities use to filter and block traffic between Chinese and overseas servers.(image)

U.S. Justice Department shuts down dark web bazaar AlphaBay

Thu, 20 Jul 2017 22:21:02 -0400

WASHINGTON (Reuters) - The U.S. Justice Department said on Thursday it had shut down the dark web marketplace AlphaBay, working with international partners to knock offline the site accused of allowing a global trade in drugs, firearms, computer hacking tools and other illicit goods.(image)