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Reuters

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GoDaddy hosting site boots neo-Nazi website after offensive postings

GoDaddy hosting site boots neo-Nazi website after offensive postings

Written by on August 14, 2017 in News with 0 Comments

(Reuters) – The web hosting company GoDaddy said on Sunday it had given The Daily Stormer 24 hours to move its domain to another provider after the extremist web site posted an article denigrating the woman who was killed at a white nationalist rally in Virginia. “We informed The Daily Stormer that they have 24 […]

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HBO reportedly offered hackers $250,000 to delay ransom deadline

HBO reportedly offered hackers $250,000 to delay ransom deadline

Written by on August 14, 2017 in News with 0 Comments

(Reuters) – Time Warner Inc’s HBO network last month offered $250,000 to cyber criminals who hacked into its computer system, asking them to extend a deadline for paying a much larger ransom, according to an email reviewed by Reuters. “You have the advantage of having surprised us,” a member of HBO’s technology team said in […]

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Founders won’t sell Snap shares, but that doesn’t help price drop

Founders won’t sell Snap shares, but that doesn’t help price drop

Written by on August 11, 2017 in Features, News with 0 Comments

(Reuters) – Snap Inc Chief Executive Officer Evan Spiegel said on Thursday neither he nor co-founder Bobby Murphy would sell shares of the Snapchat parent this year, but that failed to soothe investors after quarterly results fell short of analyst expectations. Shares of the Los Angeles company slumped nearly 17 percent in extended trading. A […]

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Silicon Valley vital to national defence says #SecDef Mattis

Silicon Valley vital to national defence says #SecDef Mattis

Written by on August 11, 2017 in News with 0 Comments

MOUNTAIN VIEW, Calif. (Reuters) – U.S. Defense Secretary Jim Mattis said on Thursday an Obama-era experimental defense outpost in Silicon Valley would grow in importance under the Trump administration and that the nation’s technology entrepreneurs were vital to national defense. Mattis paid his first official visit to the Pentagon’s Defense Innovation Experimental Unit, or DIUx, […]

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News highlights – 10 August 2017

News highlights – 10 August 2017

Written by on August 11, 2017 in News with 0 Comments

News highlights for 10 August 2017 High expectations for IPOs are causing concern NEW YORK/SAN FRANCISCO (Reuters) – Snap Inc and Blue Apron Holdings Inc’s dismal quarterly reports on Thursday, which sent their shares slumping, join a growing list of technology startups failing to live up to sky-high expectations set ahead of their initial public […]

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PayPal expands lending capabilities through acquisition

PayPal expands lending capabilities through acquisition

Written by on August 11, 2017 in News with 0 Comments

NEW YORK (Reuters) – Payments firm PayPal Holdings Inc has agreed to acquire online lending company Swift Financial in a bid to expand its business that provides working capital to merchants. The acquisition will allow PayPal to offer loans to the larger businesses that process payments through its platform and better provide credit to firms […]

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With Bitcoin at an all time high, the shadow of a bubble looms

With Bitcoin at an all time high, the shadow of a bubble looms

Written by on August 10, 2017 in Features, News with 0 Comments

LONDON (Reuters) – Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value of hundreds of newer, smaller digital rivals in its wake. Now some investors fear […]

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Tesla wants to test self driving semi-trucks in Nevada

Tesla wants to test self driving semi-trucks in Nevada

Written by on August 10, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, according to an email discussion of potential road tests between the car company and the Nevada Department of Motor Vehicles (DMV), […]

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Facebook launches ‘Watch’ to address shifting TV market

Facebook launches ‘Watch’ to address shifting TV market

Written by on August 10, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Facebook Inc on Wednesday made its biggest move to date to compete in the television market by expanding its video offerings with programming ranging from professional women’s basketball to a safari show and a parenting program. The redesigned product, called “Watch,” will be available initially to a limited group in the […]

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Some good news for Toshiba as auditor looks to sign off results

Some good news for Toshiba as auditor looks to sign off results

Written by on August 9, 2017 in News with 0 Comments

TOKYO (Reuters) – Toshiba Corp’s shares jumped more than 9 percent early on Wednesday after sources told Reuters the Japanese conglomerate’s auditor was likely to sign off on its annual results. PricewaterhouseCoopers Aarata LLC will give a “qualified opinion” endorsing Toshiba’s finances in the financial statement for the year ended in March, people with direct […]

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