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BRUSSELS (Reuters) – European Union leaders said on Thursday they looked forward to seeing proposals on taxing online giants by early 2018 but in a nod to concerns from countries like Ireland said EU efforts had to be in line with work under way at a global level. European countries are split over whether online […]

LONDON (Reuters) – Technology firms have improved cooperation with the authorities in tackling online militant material but still must act quicker to remove propaganda fuelling a rise in homegrown extremism, acting U.S. Homeland Security Secretary Elaine Duke said on Wednesday. The United States and Britain will push social media firms at a meeting of G7 […]

BRUSSELS (Reuters) – Some smartwatches for children sold in Europe pose security risks, including potentially allowing hackers to take control of and track a watch, the EU’s main consumer lobby said on Wednesday, following a new report by one of its members. The affected smartwatches, which use the Global Position System (GPS) to allow parents […]

WASHINGTON (Reuters) – The U.S. Federal Reserve is stepping-up its focus on payment security as the industry reaches a “critical juncture” driven by new technologies, Federal Reserve board governor Jerome Powell said on Wednesday. Speaking at a conference in New York, Powell said the U.S. central bank would early next year launch a study analyzing […]

LOS ANGELES/NEW YORK (Reuters) – Most U.S. shoppers are fiercely loyal to local food stores, calling them better than online options, according to a new Reuters/Ipsos poll that raises questions about how much Amazon.com’s $13.7 billion purchase of Whole Foods will shake up the supermarket business. Shares in Kroger Co, the largest U.S. supermarket operator, […]

BRUSSELS (Reuters) – A year-old pact underpinning billions of dollars of transatlantic data transfers will get the green light from the European Union on Wednesday after the first review to ensure Washington protects Europeans’ data stored on U.S. servers. The EU-U.S. Privacy Shield was agreed last year after everyday cross-border data transfers were plunged into […]

News highlights for 17 October 2017 Facebook buys teen app tbh (Reuters) – Facebook Inc has acquired tbh, an app popular among teens, as the world’s largest social network looks to attract more users. The app, an acronym for “To be Honest”, allows users to anonymously answer multiple choice questions about friends, who then receive the […]

(Reuters) – Alphabet’s Google Inc said on Tuesday it would roll out an “advanced protection program” to provide stronger email security for some users such as government officials, political activists and journalists who are at a higher risk of being targeted by sophisticated hackers. Google users will have the ability to opt in to security […]

(Reuters) – Cyber security watchdogs and researchers are issuing warnings over risks associated with a widely used system for securing Wi-Fi communications after the discovery of a flaw that could allow hackers to read information thought to be encrypted, or infect websites with malware. An alert from the U.S. Department of Homeland Security Computer Emergency […]

TORONTO (Reuters) – Adobe Systems Inc warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks. The warning came after cyber security firm Kaspersky Lab Inc said a group it was tracking, BlackOasis, used […]
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