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WASHINGTON (Reuters) – The top U.S. markets regulator has revealed that hackers accessed its corporate disclosure database and may have illegally profited by trading on the information stolen. Q: When did it happen? A: Some time in 2016. The Securities and Exchange Commission determined in August 2017 that the hack may have led to insider […]
WASHINGTON (Reuters) – The U.S. Department of Homeland Security detected five “critical” cyber security weaknesses on the Securities and Exchange Commission’s computers as of January 23, 2017, according to a confidential weekly report reviewed by Reuters. The report’s findings raise fresh questions about a 2016 cyber breach into the U.S. market regulator’s corporate filing system […]
SYDNEY/TOKYO (Reuters) – Apple Inc’s launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of people usually gather at Apple’s Sydney city store with queues winding down the town’s main street, George Street, […]
SAN FRANCISCO (Reuters) – An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.S. allies. In interviews and emails seen by Reuters, academic and industry experts from countries including Germany, Japan […]
SAN FRANCISCO (Reuters) – Facebook Inc will add “more human review and oversight” to its ad-buying system, Chief Operating Officer Sheryl Sandberg said on Wednesday, responding to rising criticism that automated processes have allowed people to buy discriminatory ads. Sandberg said in a post on her Facebook page the company would have more manual review […]
(Reuters) – Apple Inc on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability to make phone calls and access data without an iPhone nearby. Several prominent reviewers said Wednesday they could not recommend the device because of a wifi glitch that causes cellular connectivity problems. […]
MUMBAI (Reuters) – First he tried messaging friends, but WhatsApp was down. Then, the credit card readers at his clothing store weren’t working. Ride-sharing apps were offline too. Harsh Madhok, who runs a clothing business in Jaipur, a city of three million people, had read about internet shutdowns elsewhere in India. Now he was in […]
NEW YORK (Reuters) – A U.S. judge said Veon Ltd shareholders may pursue much of a lawsuit accusing the multinational phone company once known as VimpelCom of inflating its share price by concealing a bribery scheme in Uzbekistan and overstating its financial controls. U.S. District Judge Andrew Carter in Manhattan ruled on Tuesday that shareholders […]
SAN FRANCISCO (Reuters) – Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable. Jefferies analyst Philippe Houchois launched coverage of Tesla with an “underperform” rating, helping send shares of the company headed by entrepreneur billionaire Elon Musk down […]
LONDON (Reuters) – Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway. The lure of products promising to save on claims in a highly competitive market has led to a leap in […]
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