News highlights for 14 December

REUTERS/Kim Kyung-Hoon
Amazon launches Prime Video globally, leaves out China
(Reuters) – Amazon.com Inc launched its video-streaming service, Prime Video, in nearly every country except China on Wednesday, in its biggest challenge yet to Netflix Inc. Read more…
Shippers, online retailers seek way around rising delivery costs
ADDISON, Ill. (Reuters) – In an unassuming building in the Chicago suburb of Addison, United Parcel Service Inc engineers design custom boxes for retailers as part of a joint effort to tackle a vexing issue: the high cost of delivering e-commerce packages. Read more…
Yahoo says 1 bln accounts exposed in newly discovered security breach
Dec 14 (Reuters) – Yahoo Inc warned on Wednesday that it had uncovered yet another massive cyber attack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history. Read more…
Security flaw in McAfee enterprise software gives attackers root access
Vulnerabilities discovered in Intel McAfee’s VirusScan Enterprise for Linux which could lead to the remote takeover of a system were patched six months after disclosure. Read more…
Chinese billionaire’s EV startups map ambitious plans
DETROIT/SAN FRANCISCO (Reuters) – Three electric-car startups funded by Chinese billionaire Jia Yueting will display vehicles at the giant CES 2017 trade show in Las Vegas next month, and two former executives told Reuters that one of the companies plans to roll out a dozen models through 2026. Read more…
Ashley Madison owner to pay $1.66 million to settle FTC case
TORONTO (Reuters) – The owner of hacked infidelity website Ashley Madison will pay a sharply discounted $1.66 million penalty to settle an investigation by the U.S. Federal Trade Commission and several U.S. states into lax data security and deceptive practices, the company and authorities said on Wednesday. Read more…
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