Technology News (Reuters)

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Updated: 9 hours 51 min ago

U.S. Justice Department, AT&T settlement talks failed: court filing

Sat, 12/16/2017 - 11:41
WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday.
Categories: Technology

Uber should have given court an ex-employee's letter about 'fraud and theft' in Waymo case

Sat, 12/16/2017 - 03:34
SAN FRANCISCO (Reuters) - Ride hailing company Uber was obligated to turn over to a U.S. federal judge a letter from a former employee that told of the company's "fraud and theft" and mentioned evidence of stolen trade secrets nailed "like a scalp" to the wall, a court official said Friday.
Categories: Technology

North Korean hackers behind attacks on cryptocurrency exchanges, South Korean newspaper reports

Sat, 12/16/2017 - 03:32
SEOUL (Reuters) - South Korea's spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday.
Categories: Technology

TD Ameritrade to start bitcoin futures trading on Monday

Sat, 12/16/2017 - 00:26
(Reuters) - Retail brokerage TD Ameritrade Holding Corp said on Friday it will allow clients to trade bitcoin futures on the newly minted CBOE Futures Exchange from Dec. 18.
Categories: Technology

Embraer sees 2024 commercial launch for Uber flying cabs

Sat, 12/16/2017 - 00:15
SAO PAULO (Reuters) - A network of electric aircraft Uber Technologies Inc is developing with Embraer SA is likely to launch commercially in 2024, the Brazilian planemaker's chief executive said on Friday, adding a year to the latest forecast from the ride-hailing company.
Categories: Technology

Facebook defends itself against critics of social media

Fri, 12/15/2017 - 23:34
SAN FRANCISCO (Reuters) - Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world's biggest social media network and its competitors for transforming how people behave and express emotion.
Categories: Technology

Bitcoin hits new record high as warnings grow louder

Fri, 12/15/2017 - 22:41
LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.
Categories: Technology

False paradise? EU is no haven of Net neutrality, say critics

Fri, 12/15/2017 - 22:23
LISBON/MILAN (Reuters) - America's decision to scrap rules designed to ensure a free and open internet leaves the European Union as the biggest market where Net neutrality still prevails -- but critics say the EU is not a level playing field.
Categories: Technology

Blockchain consortium Hyperledger loses members, funding: documents

Fri, 12/15/2017 - 21:00
NEW YORK (Reuters) - More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters.
Categories: Technology

EU agrees clampdown on bitcoin platforms to tackle money laundering

Fri, 12/15/2017 - 19:53
BRUSSELS (Reuters) - European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.
Categories: Technology

Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials

Fri, 12/15/2017 - 19:01
WASHINGTON (Reuters) - The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the matter told Reuters.
Categories: Technology

Brazil's Embraer eyes 2024 commercial launch for Uber partnership: CEO

Fri, 12/15/2017 - 18:24
SAO PAULO (Reuters) - A partnership that Brazilian planemaker Embraer SA has struck with U.S. ride-hailing application Uber Technologies Inc will launch its first test flight in 2020, and aims to start commercial service in 2024, an executive said on Friday.
Categories: Technology

EU agrees stricter bitcoin rules against money laundering, terrorist financing

Fri, 12/15/2017 - 17:47
BRUSSELS (Reuters) - The European Union agreed stricter rules to prevent money laundering and terrorist financing on bitcoin platforms on Friday.
Categories: Technology

After U.S. decision, France says will continue to defend net neutrality

Fri, 12/15/2017 - 17:45
PARIS (Reuters) - France will continue to defend "net neutrality" irrespective of what other countries may do, Foreign Minister Jean-Yves Le Drian said on Friday, after a United States commission voted to ditch rules on the issue.
Categories: Technology

U.S. internet rule change leaves major streaming companies unscathed for now

Fri, 12/15/2017 - 17:35
SAN FRANCISCO (Reuters) - Behind your video stream of a hit like "Stranger Things" is a complicated array of technology and business relationships that will not change very much, at least in the short term, as a result of this week's repeal of U.S. regulations on internet traffic, industry insiders say.
Categories: Technology

EU court rejects U.S. intervention in Apple's Irish $15 billion tax case

Fri, 12/15/2017 - 17:32
BRUSSELS (Reuters) - Europe's second-highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case.
Categories: Technology

Amazon to pay 100 million euros to settle Italy tax dispute

Fri, 12/15/2017 - 17:10
MILAN (Reuters) - Italy's tax authority said on Friday it had reached an agreement with e-commerce giant Amazon to settle outstanding tax claims covering the period 2011-2015.
Categories: Technology

Battery suppliers struggle to keep up with demand for Porsche's Panamera

Fri, 12/15/2017 - 17:09
LEIPZIG, Germany (Reuters) - Battery suppliers are struggling to cope with buoyant demand for Porsche's Panamera hybrid sedan, the sports car maker told Reuters, in a sign parent Volkswagen's shift to cleaner vehicles may be paying off, but also of the challenges involved.
Categories: Technology

UK watchdog to take closer look at initial coin offerings

Fri, 12/15/2017 - 16:43
LONDON (Reuters) - Britain's markets watchdog will step up its scrutiny of the initial coin offering (ICO) market to see if new rules are needed to protect investors after issuing an alert in September.
Categories: Technology

Suspected North Korean cyber group seeks to woo bitcoin job seekers

Fri, 12/15/2017 - 16:41
FRANKFURT (Reuters) - The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group's activities.
Categories: Technology

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