Cisco invests 15 mln dollars in Israeli storage firm Elastifile
JERUSALEM (Reuters) - Cisco Systems has invested $15 million in Israeli storage software start-up Elastifile, bringing total investment this year to $50 million, Elastifile said on Tuesday.Elastifile,...
View ArticleHackers sought to steal over $3 billion through wire-transfer fraud: FBI
By Jim FinkleNEW YORK (Reuters) - Hackers have sought to steal more than $3 billion from businesses in a pernicious, fast-growing type of scam in which criminals impersonate company executives in...
View ArticleWant to save migrants in the Mediterranean? There's an app for that
By Magdalena MisLONDON (Thomson Reuters Foundation) - A smartphone application that allows users to scan the Mediterranean for boats in distress is being tested by a migrant rescue service, which hopes...
View ArticleMidea to publish takeover offer for German robot maker Kuka on Thursday: sources
FRANKFURT (Reuters) - China's Midea Group Co Ltd is preparing to publish its previously announced takeover bid for German factory robot maker Kuka on Thursday, two people familiar with the plans told...
View ArticleChina's Midea wants only 49 percent of Kuka: sources
BERLIN (Reuters) - China's Midea Group Co Ltd wants a stake of no more than 49 percent in German industrial robot maker Kuka and will resell any shares it acquires beyond that threshold, German...
View ArticleEx-IBM employee from China charged with economic espionage
WASHINGTON (Reuters) - The U.S. Justice Department said on Tuesday that additional charges have been filed against a former IBM Corp software engineer in China, who was arrested in December by U.S....
View ArticleBank of Tokyo-Mitsubishi says testing its own digital currency
NEW YORK (Reuters) - Bank of Tokyo-Mitsubishi UFJ confirmed on Tuesday it is conducting experiments on a digital currency utilizing the technology behind the virtual currency bitcoin.The statement came...
View ArticleTwitter invests $70 million in SoundCloud: Re/code
(Reuters) - Twitter Inc has invested about $70 million in Berlin-based music service SoundCloud, technology website Re/code reported citing people familiar with the deal.Twitter confirmed the...
View ArticleTribune Media launches auction of digital, data business: sources
By Liana B. Baker(Reuters) - Tribune Media Co, one of the largest U.S. TV station operators, has launched an auction to divest its digital and data business in a sale it hopes will fetch at least $800...
View ArticleInvestors' new book prescribes data to thrive as a start-up
By Sarah McBrideSAN FRANCISCO (Reuters) - Most entrepreneurs know data can transform an organization, but few fully understand how to tap into it to give them an edge, according to a new book called...
View ArticleMore than half online users get news from Facebook, YouTube and Twitter: study
By Magdalena MisLONDON (Thomson Reuters Foundation) - Social media has emerged as a leading source of news among online users who increasingly access it on their smartphones, a thinktank said on...
View ArticleElectric car startups fueled by Chinese money aim to catch Tesla
By Paul LienertMENLO PARK, Calif. (Reuters) - A few miles from Tesla Motors Inc's Palo Alto headquarters, a Silicon Valley startup plans to challenge the electric car maker with a rival family of...
View ArticleFrench killer's Facebook broadcast underscores live video challenges
By Yasmeen AbutalebSAN FRANCISCO (Reuters) - After Larossi Abballa killed a French police commander and the commander's partner on Tuesday, he took to Facebook Live to encourage viewers in a 12-minute...
View ArticleSamsung Electronics denies report of planned 25 trillion won NAND investment
SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Wednesday a local media report of the firm's plans to invest 25 trillion won ($21.22 billion) by next year to boost 3D NAND memory chip...
View ArticleSoftBank sees up to $2.4 billion profit on Alibaba share sale
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday it expects to book profit of 200 billion yen to 250 billion yen ($1.9 billion to $2.4 billion) this financial year from the sale of shares in...
View ArticleSingapore start-up to launch robo adviser to tap tech-savvy rich
By Marius Zaharia and Saeed AzharSINGAPORE (Reuters) - Financial technology firm Mesitis Pte Ltd plans to launch a robo-advisory business for high net worth individuals in the next two months, its CEO...
View ArticleIndia dials back chip ambitions as investors spurn plant funding
By Himank SharmaMUMBAI (Reuters) - India's ambitious plan to be a major player in semiconductors, taking on the Chinese and churning out locally-made chips for a new generation of smartphone users, has...
View ArticleEU proposes cutting wholesale roaming rates
By Julia FiorettiBRUSSELS (Reuters) - The European Union proposed on Wednesday cutting the wholesale roaming rates that telecoms operators pay each other when customers surf the Internet abroad to pave...
View ArticleCybercrime market sells servers for as little as 6 dollars to launch attacks
By Eric AuchardFRANKFURT (Reuters) - A major underground marketplace acting like an eBay for criminals is selling access to more than 70,000 compromised servers allowing buyers to carry out widespread...
View ArticleIsraeli augmented reality firm Lumus raises 15 million dollars
TEL AVIV (Reuters) - Lumus, a developer of technology for augmented reality, said on Wednesday it has received $15 million of funding led by Chinese investment group Shanda along with Zhejiang...
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