Technology

Hackers hit major ATM network after U.S., Russian bank breaches: report

FRANKFURT (Reuters) – A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday. FILE PHOTO: A magnifying glass is held in front of a …

Technology

U.S. videogame makers may trounce sales estimates again

(Reuters) – Tepid holiday sales forecasts from two of the three major U.S. videogame producers have not dampened investors’ confidence in one of the past decade’s major stock market success stories for a simple reason: they almost always beat them. Visitors look at a presentation at the ActiVision Blizzard exhibition …

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It's time to 'embrace an android' says Labour's deputy leader

Worried that a robot will one day take your job? Don’t fear says a senior politician who is urging people to “embrace an android”. If machines can take over routine tasks, deputy Labour leader Tom Watson believes, it will liberate people to focus on areas generating more wealth. If properly …

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Facebook: Jokes 'no excuse' for harassment

Facebook has published its internal workplace harassment policy in part to help other companies, chief operating officer Sheryl Sandberg has said. The policy’s definitions of harassment include unwelcome sexual advances, threats, insensitive jokes and innuendo. It states that it is no defence to pass off an offensive comment as a …

Technology

Elliott says chipmaker NXP worth more than Qualcomm's offer

(Reuters) – Activist investor Elliott Management Corp said on Monday that NXP Semiconductors NV (NXPI.O) is worth $135 per share on a intrinsic standalone basis, more than the $110 Qualcomm Inc (QCOM.O) has offered to buy the company. Elliott Management, which has a stake of about 6 percent in NXP, …

Technology

Chinese electric car maker to put 'Weltmeister' on road next year

BEIJING (Reuters) – WM Motor Technology Co, one of a new breed of Chinese electric car companies, will use its company name “Weltmeister” as its brand and plans to start taking orders for its first product, a sport-utility vehicle, from April. The Shanghai-based startup plans to start producing its first …

Technology

Hotly anticipated bitcoin futures ease off after 22 percent surge

NEW YORK/SYDNEY/LONDON (Reuters) – Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use. Virtual currency Bitcoin …

Technology

EU must look at regulating bitcoin, ECB's Nowotny says

VIENNA (Reuters) – The European Union needs to consider regulating bitcoin, European Central Bank ratesetter Ewald Nowotny said on Monday, citing the risk of money laundering. FILE PHOTO: European Central Bank (ECB) Governing Council member and OeNB governor Ewald Nowotny addresses a news conference in Vienna, Austria, June 9, 2017. …

Technology

Apple aims to block climate, rights proposals with quick use of SEC guidance

BOSTON (Reuters) – Apple Inc (AAPL.O) is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights. FILEP PHOTO: The logo of Apple (AAPL) is seen in Los Angeles, California, United States, April 22, 2016. REUTERS/Lucy Nicholson/File Phot In …

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HP laptops found to have hidden keylogger

Hidden software that can record every letter typed on a computer keyboard has been discovered pre-installed on hundreds of HP laptop models. Security researcher Michael Myng found the keylogging code in software drivers preinstalled on HP laptops to make the keyboard work. HP said more than 460 models of laptop …