Technology News

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

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. Special master, John Cooper, assigned to a lawsuit against Uber Technologies Inc [UBER.UL] by Alphabet Inc’s (GOOGL....

16 Dec 2:34 AM 0 Read More...

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

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. The cyber attacks attributed to North Korean hackers also included the leaking of personal information from 36,000 accounts from the world’s busiest cryptocurrency excha...

16 Dec 2:32 AM 0 Read More...

Bitcoin hits new record high as warnings grow louder

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. The cryptocurrency’s staggering recent price rises -- more than 1,700 percent since the start of the year -- have driven worries that the market is a bubble that could burst in spect...

15 Dec 12:33 PM 0 Read More...

Uber investor departs venture firm amid harassment claims

SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc, said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct. Pishevar, who has denied the accusations, said in a statement provided by his lawyer that he was voluntarily leaving Sherpa Capital, which he co-founded, because of ong...

14 Dec 10:35 PM 0 Read More...

Amazon to start selling Apple TV, Google Chromecast

(Reuters) - Amazon.com 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. The online giant had removed the video-streaming devices from its website in 2015. The company had then explained the move by saying it wanted to avoid confusing customers who might expect its Prime Video service to be available on device...

14 Dec 8:26 PM 0 Read More...

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

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. The approval of FCC Chairman Ajit Pai’s proposal marked a victory for internet service providers like AT&T Inc, Comcast Corp and Verizon Communications Inc and...

14 Dec 8:21 PM 0 Read More...

German court rules against foreign intelligence mass communication surveillance

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. Surveillance is a sensitive issue in Germany after the abuses by the Gestapo during the Nazi era and the Stasi in Communist East Germany during the Cold War. Whistleblower Edward Snowden’s revelations ...

14 Dec 6:43 PM 0 Read More...

Federal Communications Commission repeals net neutrality rules

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. The approval of FCC Chairman Ajit Pai’s proposal marks a victory for internet service providers like AT&T Inc, Comcast Corp and Verizon Communications Inc and ...

14 Dec 6:19 PM 0 Read More...

Hackers halt plant operations in watershed cyber attack

(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. FireEye Inc (FEYE.O) disclosed the incident on Thursday, saying it targeted Triconex industrial safety technology from Schneider Electric SE (SCHN.PA). Schneider c...

14 Dec 6:15 PM 0 Read More...

Delaware court reverses controversial Dell buyout ruling

WILMINGTON, Del (Reuters) - Delaware’s Supreme Court ruled on Thursday that a lower court erred in its controversial finding last year that the 2013 buyout of computer maker Dell Inc was vastly underpriced. The judge on the Court of Chancery abused his discretion by not giving weight to the deal price of $24.9 billion, or $13.75 per share, as evidence of the fair value of the company, the Delaware Supreme Court sai...

14 Dec 5:08 PM 0 Read More...