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U.S. regulators ditch net neutrality rules as legal battles loom

Fri, 15 Dec 2017 07:04:22 -0500

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.(image)

Moves in South Korea to make cryptocurrency trading more transparent

Thu, 14 Dec 2017 21:08:44 -0500

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.(image)

Net neutrality repeal gives Democrats fresh way to reach millennials

Fri, 15 Dec 2017 07:11:28 -0500

WASHINGTON (Reuters) - The U.S. Federal Communications Commission vote on Thursday to roll back net neutrality rules could galvanize young voters, a move Democrats hope will send millennials to the polls in greater numbers and bolster their chances in next year's elections.(image)

U.S. panel urges regulators to monitor financial innovation risks

Thu, 14 Dec 2017 17:32:45 -0500

WASHINGTON (Reuters) - A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.(image)

Facebook to use its News Feed to push more videos to users

Thu, 14 Dec 2017 15:38:37 -0500

SAN FRANCISCO (Reuters) - Facebook Inc said on Thursday it would begin to promote videos more prominently inside its News Feed, leveraging the social network's centerpiece product to build interest in episodic shows and compete more directly with YouTube.(image)

German court rules against foreign intelligence mass communication surveillance

Thu, 14 Dec 2017 13:43:44 -0500

BERLIN (Reuters) - Germany's foreign intelligence agency (BND) must not store the metadata - such as phone numbers - of international phone calls for the purpose of intelligence analysis, a court rules on Thursday.(image)

Amazon to start selling Apple TV, Google Chromecast

Thu, 14 Dec 2017 17:54:11 -0500

(Reuters) - Inc will start selling Google Chromecast and Apple TV, which compete against its Fire TV, on its online store, an Amazon spokeswoman told Reuters on Thursday.(image)

Hackers halt plant operations in watershed cyber attack

Thu, 14 Dec 2017 13:15:31 -0500

(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.(image)

Spotify price tag rises ahead of filing for NYSE listing: sources

Thu, 14 Dec 2017 11:11:17 -0500

STOCKHOLM (Reuters) - The value of music streaming service Spotify, which is planning a stock market listing, has grown around 20 percent to at least $19 billion in the past few months, outperforming U.S. and European tech indexes, sources familiar with the matter said.(image)

Nigerian man pleads guilty to taking part in global email scams

Thu, 14 Dec 2017 18:37:34 -0500

NEW YORK (Reuters) - A Nigerian man was sentenced to three years and five months in prison by a U.S. judge on Thursday after he pleaded guilty to taking part in email scams to defraud thousands of victims around the world of millions of dollars, U.S. prosecutors said.(image)