Posts

Toshiba says unable to meet end-March deadline for chip unit sale

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TOKYO (Reuters) - Toshiba Corp said on Friday it would not be able to complete an $18 billion deal to sell its prized chip unit by an agreed deadline at the end of March, as it had not received anti-monopoly approval from China. from Reuters: Technology News https://ift.tt/2GAe00X

Singapore watchdog says Uber-Grab deal may have infringed competition

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SINGAPORE (Reuters) - Singapore's competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technologies Inc's [UBER.UL] deal to sell its operations in Southeast Asia to rival ride-hailing firm Grab. from Reuters: Technology News https://ift.tt/2pNZXdA

China cuts tax rates for chipmakers amid trade tensions

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BEIJING (Reuters) - China's finance ministry said on Friday it has introduced new tax breaks and exemptions for firms making semiconductors, seeking to limit dependence on foreign chips amid trade tensions with the United States over technology transfers. from Reuters: Technology News https://ift.tt/2IgbIRy

Singapore's competition watchdog says Uber-Grab deal infringes competition

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SINGAPORE (Reuters) - Singapore's competition watchdog said on Friday that it had reasonable grounds for suspecting competition had been infringed by the agreed deal by ride-hailing firm Uber Technologies Inc [UBER.UL] to sell its Southeast Asia operations to rival Grab. from Reuters: Technology News https://ift.tt/2J7L8v4

Amazon cuts ties with top Washington lobbying firms: Bloomberg

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(Reuters) - Online retailing behemoth Amazon.com Inc has cut ties with Washington lobbying firms Akin Gump Strauss Hauer & Feld LLP and Squire Patton Boggs, Bloomberg reported on Friday. from Reuters: Technology News https://ift.tt/2pPO0Vp

Apple Releases Multiple Security Updates

Original release date: March 29, 2018 Apple has released security updates to address vulnerabilities in multiple products. An attacker could exploit some of these vulnerabilities to take control of an affected system. NCCIC/US-CERT encourages users and administrators to review Apple security pages for the following products and apply the necessary updates: iOS 11.3 tvOS 11.3 watchOS 4.3 Xcode 9.3 This product is provided subject to this Notification and this Privacy & Use policy. from US-CERT: The United States Computer Emergency Readiness Team https://ift.tt/2GkLT6z

U.S. regulator approves SpaceX plan for broadband satellite services

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WASHINGTON (Reuters) - The top U.S. telecommunications regulator on Thursday gave formal approval to a plan by Elon Musk's SpaceX to build a global broadband network using satellites. from Reuters: Technology News https://ift.tt/2pQCgCp

Under Armour says 150 million MyFitnessPal accounts breached

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(Reuters) - Under Armour Inc said on Thursday that data from some 150 million MyFitnessPal diet and fitness app accounts was compromised in February, sending shares of the athletic apparel maker down 3 percent in after-hours trade. from Reuters: Technology News https://ift.tt/2pPocZG

Tesla shares recover as company pushes to hit Model 3 target

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SAN FRANCISCO (Reuters) - Tesla Inc shares rose on Thursday ahead of the expected release next week of the company's quarterly auto production data, while a senior executive urged workers at the automaker to hit a weekly production target of 2,500 Model 3 sedans by the end of March. from Reuters: Technology News https://ift.tt/2uxEWcI

U.S. FCC approves SpaceX plan for broadband satellite services

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WASHINGTON (Reuters) - The U.S. Federal Communications Commission said on Thursday it had approved an application by Elon Musk's privately held Space Exploration Holdings, also known as SpaceX, to provide satellite broadband services in the United States and globally. from Reuters: Technology News https://ift.tt/2GUVTQQ

Facebook's Election Safeguards Are Still a Work in Progress

The social media giant Thursday outlined several attempts to help protect the midterm elections, but still has a long way to go. from Security Latest https://ift.tt/2utvbwd

Apache Software Foundation Releases Security Update

Original release date: March 29, 2018 The Apache Software Foundation has released a security update to address a vulnerability in Struts 2. A remote attacker could exploit this vulnerability to cause a denial-of-service condition. NCCIC/US-CERT encourages users and administrators to review the Apache Security Bulletin and make the necessary update. This product is provided subject to this Notification and this Privacy & Use policy. from US-CERT: The United States Computer Emergency Readiness Team https://ift.tt/2J4EFBp

IC3 Issues Alert on Tech Support Fraud

Original release date: March 29, 2018 The Internet Crime Complaint Center (IC3) has released an alert on tech support fraud. Tech support fraud involves criminals claiming to provide technical support to fix problems that don't exist. Their methods include placing calls, sending pop-ups, engaging misleading lock screens, and sending emails to entice users to accept fraudulent tech support services. Users should not give control of their computers or mobile devices to any stranger offering to fix problems. NCCIC/US-CERT encourages users and administrators to refer to the IC3 Alert and the NCCIC Tip on Avoiding Social Engineering and Phishing Attacks for more information. If you believe you are a victim of a tech support scam, file a complaint with the IC3 at www.ic3.gov . This product is provided subject to this Notification and this Privacy & Use policy. from US-CERT: The United States Computer Emergency Readiness Team https://ift.tt/2E2YXra

Explainer: Spotify listing could be roller coaster for retail investors

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NEW YORK/SAN FRANCISCO (Reuters) - Spotify Technology SA's unusual stock market debut on Tuesday levels the playing field for individual investors who are normally at a disadvantage in traditional listings, but could also make them more vulnerable to swings in the music streaming service's share price. from Reuters: Technology News https://reut.rs/2usUNcI

Under Armour discloses breach of 150 million MyFitnessPal user accounts

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(Reuters) - Under Armour Inc said on Thursday that some personal details of about 150 million user accounts were accessed in a breach of its food and nutrition app and website MyFitnessPal. from Reuters: Technology News https://reut.rs/2GkKQ2i

Wall Street taps the brakes on Tesla selloff

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SAN FRANCISCO (Reuters) - Tesla Inc's stock rebounded on Thursday but still suffered its worst week since July after one of the most optimistic analysts covering the electric car maker chopped his price target ahead of quarterly production data expected next week. from Reuters: Technology News https://reut.rs/2pM4nCI

New York offers free cyber security tools to public to deter hackers

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(Reuters) - New York City will offer free cyber security tools to the public as part of a new effort to improve online safety, officials said on Thursday, a week after Atlanta was hit with a ransomware attack that knocked some municipal systems offline. from Reuters: Technology News https://reut.rs/2GoGtmZ