Articles about Reuters

HPE – yours for $40bn?

Hewlett Packard Enterprise (HPE) continues to be at the center of multiple acquisition talks. A fresh round of rumors has the Hewlett Packard spin-off looking to either sell off its software business or accept an outright bid to be purchased in-full. A Reuters report claims that buyout firms are in talks with Meg Whitman and …
Shaun Nichols, 29 Jul 2016
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Samsung: You won't settle? Fine, we'll do this the Huawei

Samsung has filed a countersuit against Huawei in China over allegations of patent infringement. The South Korean electronics behemoth filed allegations of infringement on six patents it holds in China. According to filings seen by Reuters reporters in Beijing, the Samsung claim would seek to collect 161 million yuan (around …
Shaun Nichols, 22 Jul 2016
MH 370 Search Zone

We're not looking for MH370 in the wrong place say investigators

Dutch geosciences company Fugro has denied that the search for missing Malaysian Airlines flight MH370 has been conducted in the wrong place. Reuters yesterday quoted Fugro figures as saying that the chosen search area assumes the plane met a sudden end, but that if the crew were awake the plane could have glided well beyond …
Simon Sharwood, 22 Jul 2016
Data breach

World-Check terror suspect DB hits the web at just US$6750

The World-Check database that lists "heightened risk individuals and organizations" is reportedly up for sale on the dark web. The database is a commercial product offered by Thomson Reuters, which bills it as a useful tool for those fighting money laundering, "organized crime, sanctions, Countering the Financing of Terrorism …
Darren Pauli, 19 Jul 2016
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Reuters flogs IP for $3.55bn

Thomson Reuters is selling off the intellectual property and science arm of its business for $3.55bn in cash. The business, which provides information and related services to companies, universities and governments, has 3,200 employees and will be sold to private equity firms Onex Corporation and Baring Private Equity Asia. …
Kieren McCarthy, 12 Jul 2016
Bearded man sitting at desk reading from his tablet by hi laptop

4K state hacker Google alerts

Google is notifying customers about 4,000 state-sponsored cyber attacks per month. The APT notification ran rate was disclosed by Google senior vice president and Alphabet board member Diane Greene during a Fortune magazine tech conference in Aspen, Colorado, Reuters reports. Google began notifying users about suspected …
John Leyden, 12 Jul 2016
Chelsea Manning

Chelsea Manning 'suicide bid'

Imprisoned WikiLeaker Chelsea Manning has been hospitalized after what was reportedly a suicide attempt. Manning, 28, is serving a 35-year prison sentence for leaking over 700,000 Iraq and Afghanistan battlefield reports and State Department diplomatic cables, and video of a US airstrike killing a Reuters journalist and his …
Iain Thomson, 06 Jul 2016
Blackmail

FTC wants a date with Ashley Madison's fembots

The US Federal Trade Commission has decided to add Ashley Madison's “fembots” to the company's long list of woes. The existence of the fembots – fake profiles used to keep men on the “Life is short, have an affair” forking out funds in case they got lucky – was revealed after the infamous hack of the site. The investigation …

FCC starts running from cable box rip-off kill-off

Twenty billion dollars is a lot of incentive, as the US Federal Communications Commission (FCC) has found out. Following a proposal in January, later approved by three of the five FCC Commissioners, cable companies would be obliged to let third parties produce set-top boxes by making subscriber and channel information …
Kieren McCarthy, 30 Jun 2016
Google building Madrid (on the left) in  Madrid Torre Picasso on  Pablo Ruiz Picasso square.  Photo by Juan Fuertes via Shutterstock - editorial use only.

Google Spain raided by Agencia Tributaria in latest European crackdown

Google's Madrid offices are its latest to be raided as the search giant faces a series of tax probes across the European Union. The raid was approved by a court in Madrid, Reuters reported, following a request by the Spanish tax authorities. Reuters cited a spokeswoman giving the company's rote statement on such matters, …

Global 'terror database' World-Check leaked

The "terrorist database" World-Check used by global banks and intelligence agencies has, we're told, leaked online. The mid-2014 version of the database contains some 2.2 million records and is used by 49 of the world's 50 largest banks, along with 300 government and intelligence agencies. Access to its contents is granted via …
Darren Pauli, 29 Jun 2016

Dr Craig Wright lodges 51 blockchain patents with Blighty IP office

Wannabe Bitcoin creator Dr Craig yeah Wright has filed more than 50 patent applications relating to the crypto currency with the UK Intellectual Property Office. Dr Wright submitted the paperwork in the UK through EITC Holdings registered in Antigua. EITC Holdings filed 25 patents with the Office last week. These bear titles …
Darren Pauli, 22 Jun 2016

Clouds rain revenue on Adobe's business

Adobe's reported continued growth in its cloud subscriptions, but not enough to satisfy investors. Its Q2 2016 revenue rose 20.4 per cent year-on-year to US$1.4 billion on the back of Creative Cloud subscriptions: the digital media business piled on 26 per cent year-on-year to hit $943 million, with Creative Cloud chipping in …
Indian mobile use

India relaxes rules that kept Apple out of retail

Indian tech consumers might soon be able to savour the rich, human experience of making a Genius Bar booking to try and sort out a problem with an iThing, after that country relaxed the rules that have kept companies like Apple from opening their branded stores in that country. The roadblock has been a law that demanded …
Raining money

Dell close to selling software division for $2bn – reports

Dell is close to agreeing the sale of its software division for more than $2bn as it digs behind the settee cushions to fund its mega-acquisition of EMC. A consortium including Francisco Partners and Elliot Management are “in advanced talks” to acquire the division, Reuters reported today, citing “three people familiar with …

Man-in-the-middle biz Blue Coat bought by Symantec: Infosec bods are worried

Analysis Symantec’s deal to to buy Blue Coat, the controversial web filtering firm, for $4.65bn will bolster its enterprise security business. But some security experts are concerned about the potential for conflict of interest created by housing Symantec’s digital certificate business and Blue Coat’s man-in-the-middle SSL inspection …
John Leyden, 14 Jun 2016
South Korean flag. Pic: Republic of Korea

North Korea hacks 140k computers in planned mass attacks on Seoul

North Korea has hacked a whopping 140,000 computers located in 160 South Korean firms stealing 40,000 defence-related documents, Seoul says. The attacks which targeted defence contractor firms among others began in 2014 and were noticed in February. Police in the South say Pyongyang hoped to "cause confusion on a national …
Team Register, 14 Jun 2016
News room with blur motion effect

Amazon music stream splash

Amazon is jumping into the paid-for music streaming arena to do battle with the likes of Apple and Spotify. Negotiations with the major record labels for a $9.99 a month subscription service are currently taking place, said Reuters. Amazon currently operates a free streaming service to folk who already use its Prime shipping …
Paul Kunert, 13 Jun 2016
Man in a suit drinking tea out doors reading from his tablet

Chinese Ant buy reported

A fifth of financial data provider Shangai Suntime Information Technology has been purchased by Alibaba affiliate Ant Financial for $35m. The purchase was reported by Reuters, which cited "a source with direct knowledge of the deal". Suntime provides financial data forecasting profits. Ant Financial Services Group is valued …
US Supreme Court

Bin Apple's $500m patent judgment, US DoJ tells Supreme Court

The US Department of Justice (DoJ) has recommended that the half-billion-dollar judgment awarded to Apple for iPhone patent infringement be thrown out. In an amicus brief to the US Supreme Court, the DoJ does not formally take sides but does recommend that a federal appeal court ruling that decided Samsung had illegally copied …
Kieren McCarthy, 09 Jun 2016

France POPs €800k fine on 'illegal taxi service' Uber's windshield

Uber has been slapped with a €800k fine by a French court today for its illegal POP taxi service. POP was suspended by Uber last year after the French government banned it after receiving pressure from licensed taxi drivers. Initially a French court bounced the decision upwards, but there the bouncing stopped, with Uber told …
Headshot of Trojan horse

Russia launches raids over Sberbank heist

Russia's FSB says it's tagged the gang that used the “Lurk” trojan to raid 1.7 billion roubles – about US$25 million – from financial institutions. Lurk was identified in 2012. At the time, Kaspersky Labs said it was a “fileless” Trojan that ran in RAM. Instead, it “uses its payload to inject an encrypted dll from the web …

Swiss effectively disappear Alps: World's largest tunnel opens

Tunnel nerds, rejoice. The Swiss are today celebrating the opening of the world's largest underground passage to mark its completion 17 years after construction began. The €12bn (£8.5bn) Gotthard base tunnel is 57km (35 miles) long and will overtake Japan's 53.85km Seikan railway tunnel to become the world's largest and …
Kat Hall, 01 Jun 2016
Two Musudan missiles in Pyongyang in October 2010

Norks' parade rocket fails to fly, again

Japan and South Korea have had another live training exercise turn to disappointment, with another North Korean missile launch failing. Both countries had put their militaries on alert after they detected preparations for a launch, according to Reuters. That included Japan deploying Patriot anti-missile batteries and telling …

Telegram in Iran crackdown

Foreign messaging apps are the latest to feel the breath of the Iranian government on their neck: they've been told that user messages have to be held in onshore servers. The country's Supreme Council of Cyberspace announced the rule through state media over the weekend, according to Reuters. The statement said “foreign …
Bitcoin

Spanish Bitcoin farm raided

Spanish police have raided six Bitcoin mining centers across the country, arresting 30 people on money laundering charges. The arrests in Madrid, Barcelona, Valencia, and Cordoba followed an investigation by the country's tax agency. Reuters reports the operators were laundering cash obtained from pay TV piracy. Some €31,320 …
Darren Pauli, 26 May 2016

SWIFT CEO promises security improvements

The head of the SWIFT financial network has put forward a five-part plan to improve security after its systems were the focus of several cyberattacks. Gottfried Leibbrandt gave a keynote on Tuesday at a financial services conference in Brussels and promised the organization would work harder to ensure that incidents like last …
Kieren McCarthy, 24 May 2016
Google UK office logos

French authorities raid Google's Paris HQ over tax allegations

Google's office in central Paris was raided this morning by police, directed by French financial officials, over alleged underpayment of taxes. More than 100 investigators and five magistrates were involved in the raid, which happened shortly after 5am on Tuesday morning, Reuters reported. This has been confirmed to The …

SEC warns cybersecurity is biggest threat to financial system

The chair of the US Securities and Exchange Commission (SEC), Mary Jo White, has warned that the biggest risk the financial system faces is cybersecurity. Speaking at the Financial Regulation Summit in Washington DC, White warned the industry that their policies and procedures were not up to scratch and without them they faced …
Kieren McCarthy, 18 May 2016
Toilet roll printed with fake US $100 bills

Want to get $1bn from Apple? Step 1: Move to China. Step 2: Copy Uber

Apple says it has invested $1bn in a Chinese ride-sharing company called Didi Chuxing. The Cupertino Mac-maker said that it would be pouring the cash into the China-based Uber competitor as part of an effort to expand its financial reach in the mainland. In breaking word of the investment to Reuters, Apple CEO Tim Cook that …
Shaun Nichols, 13 May 2016
Bank vault

Transfer techies at SWIFT tell Bangladesh Bank: Don't shift blame for $81m cyberheist

SWIFT has firmly rejected Bangladeshi claims that mistakes on its part are to blame after $81m was looted from Bangladesh’s central bank. Bangladeshi officials claimed earlier this week that technicians from SWIFT had introduced vulnerabilities into the bank's network when connecting a Real-Time Gross Settlement (RTGS) system …
John Leyden, 10 May 2016
Bank vault

SWIFT 'blamed' in bank heist

Technicians with SWIFT are getting the blame for a hack in Bangladesh that cost the nation's central bank $81m. A report from Reuters claims officials have pinned the blame for the attack on SWIFT technicians who introduced vulnerabilities into the bank's network when connecting a Real-Time Gross Settlement (RTGS) system to …
Shaun Nichols, 10 May 2016
Type arms of an old typewriter

Mega mail breach fears

Webmail passwords of millions of users are allegedly for sale. Hundreds of millions of usernames and passwords - purportedly for Mail.ru, GMail, Yahoo Mail and Microsoft email accounts - are on sale through Russian cybercrime bazaars, according to security expert Alex Holden. Most of the stolen data refers to mail.ru accounts …
John Leyden, 04 May 2016
A Handful of Giant Weta by Mike Locke

US government tells Apple it has security problems that Apple fixed last year

Two years after the White House decided disclosure was better than bug-hoarding, the FBI has handed over its first notification to Apple. News of the bug report was given to Reuters, which says notifications describing the iPhone and Mac problems landed in Cupertino on April 14. The White House policy was articulated at the …
TwitterIPO

Honestly though, Twitter can't do anything right

Microblogging platform Twitter has disappointed investors, missing Q1 2016 revenue and user growth forecasts. Its share price has fallen 13.5 per cent in after-hours trading today to $15.35. The San Francisco company's GAAP net loss of US$79.7m was considerably better than the first quarter 2015 loss of $162.4m (and also …

Tweak Privacy Shield rules to make people happy? Nah – US govt

The US government has poured cold water on the idea of making changes to the new Privacy Shield agreement that will cover transfers of people's private data between the US and Europe, potentially putting the entire agreement at risk. Under secretary of commerce for international trade, Stefan Selig, told Reuters that the US …
Kieren McCarthy, 20 Apr 2016

European Union set to release anti-competition hounds on Google

The European Union looks to be formulating plans to charge Google with anti-competitive conduct over the Android operating system. The move coincides with a flank attack on Google, with Rupert Murdoch's News Corp filing a complaint about the legality of the Alphabet subsidiary's search and news services. The grounds for the …

You won't believe this, but… nothing useful found on Farook iPhone

The iPhone at the center of the huge public fight between the FBI and Apple has "nothing of real significance" on it – just as we suspected. CBS News reports it has been told by a "law enforcement source" that the phone of San Bernardino shooter Syed Farook does not contain any information of practical assistance in the …
Kieren McCarthy, 14 Apr 2016
Abstract newspaper letters

Hack hack jailed 2 years

A journalist has been sentenced to 24 months in prison in the US for knowingly handing his work login details to hackers. Matthew Keys was sentenced Wednesday for violating the Computer Fraud and Abuse Act (CFAA) by giving his username and password to his news organization's content management system out in an IRC channel of …
Shaun Nichols, 13 Apr 2016
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Panama Paper trail sniffed

Indonesia is sifting through the Panama Papers to see if there are any US-based tech companies it can sting for back taxes. Reuters is reporting that finance minister Bambang Brodjonegoro has nominated Yahoo!, Twitter, Google and Facebook as being of interest to the country. The companies pay corporate income tax in Indonesia …
Speedometer by Nathan E Photography, Flickr under CC2.0

ZTE profit plunge attributed to US sanctions

American curbs on its exports have bitten Chinese vendor ZTE, which has issued a profit downgrade as a result. The trade bans were imposed in March in response to American accusations that ZTE was breaking sanctions on sales to Iran. Reuters reports that ZTE's 2015 profit rose 22 per cent to US$493 million (3.2 billion yuan …
The US White House. Pic: Roman Boed

White House flushes away court-ordered decryption like it was a stinky dead goldfish

Multiple sources have reported that the White House isn't keen on forthcoming legislation that would force companies to decrypt their products if a court orders it. For the last couple of weeks, US Senators Richard Burr (R-NC) and Dianne Feinstein (D-CA) have been sounding out members of Congress over their bill to give courts …
Iain Thomson, 06 Apr 2016
China

Sanctions-slapped Chinese telecoms vendor ZTE swaps execs

Chinese telecoms vendor ZTE is overhauling its management board just one month after the biz was slapped with sanctions by the US government over accusations it had violated trade rules in Iran. The company today confirmed it will meet this week to install a new team, following revelations in the Wall Street Journal over the …
Kat Hall, 04 Apr 2016
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Egypt unfriended Facebook for Free Basics snoop snub

Facebook reportedly had its Free Basics internet service banned in Egypt because it would not meet government demands that it open the service for surveillance. A Reuters report cited two unnamed sources in claiming that the decision by authorities to suspend Free Basics in the country on December 30 of last year was due to …
Shaun Nichols, 01 Apr 2016

China wants a 'Go' at Google's DeepMind

A group from China says it wants to build an AI to challenge the Google DeepMind AlphaGo system. According to a Reuters and Shanghai Securities News report, the Chinese Association for Artificial Intelligence and the Chinese Go Association plan to challenge AlphaGo to a computer-versus-computer Go match. The report did not …
Shaun Nichols, 31 Mar 2016
Michael Dell, photo: Dell

$3bn for an IT services outfit? Bloody Dell!

NTT Data says it will be acquiring the IT services branch of Dell in a reported $3bn deal. The Japanese IT services giant said it would be taking on Dell Services as part of a push to expand its reach globally as a provider. In particular, NTT Data says that the deal will boost its presence in North America and extend its …
Shaun Nichols, 28 Mar 2016

Steve Ballmer: Get the Facts. I 'love' SQL Server on Linux

Nearly two decades after calling Linux a “cancer” Steve Ballmer has changed his stance, though he's been careful not to back down or apologise over his pronouncements of the past. Microsoft’s former CEO claimed he “loved” this week’s news that Redmond would deliver a Linux-compatible version of its ever-popular SQL Server …
Gavin Clarke, 11 Mar 2016
Bank vault

A typo stopped hackers siphoning nearly $1bn out of Bangladesh

Cybercrooks looted more than $80m from Bangladesh’s central bank in one of the largest known bank robberies in history. Fraudsters used stolen credentials to make illegitimate cash transfers from the Bangladesh government’s reserve account at the Federal Reserve Bank of New York. The damage could have been even worse. If …
John Leyden, 11 Mar 2016
EU logo on rubber glove

European commish considers probing Android, again

The European Union has taken early steps towards opening an antitrust investigation into the Android operating system. According to Bloomberg, Google's opponents have been asked to prepare redacted versions of their complaints with business secrets removed, so the documents can be shown to Google. The spirits tell Bloomberg …
airplane

Final Euro Parliament vote on passenger name records delayed

A final vote by the European Parliament on a proposed directive allowing the transfer of passenger name records (PNR) from airlines to EU countries has been delayed by "left wing groups", Reuters has reported. Socialist, Liberal and Green MEPs have blocked talks on the proposed PNR Directive scheduled for next week, with there …
OUT-LAW.COM, 08 Mar 2016