• Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale

    Reuters News: TOKYO (Reuters) – Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit. FILE PHOTO : A logo of Toshiba Corp...
  • Apple hit with trademark lawsuit over iPhone X 'animoji' feature

    Reuters News: NEW YORK (Reuters) – A Japanese software company is suing Apple Inc (AAPL.O) in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company stole the name to use on a feature of its iPhone X. FILE PHOTO: Apple Senior Vice President...
  • XPO Logistics adding 6,000 holiday workers on e-commerce outlook

    Reuters News: SEATTLE (Reuters) – XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries. XPO’s...
  • Google offers bug bounty to clean up mobile apps

    Reuters News: SAN FRANCISCO (Reuters) – Google is offering security experts a bounty to identify Android app flaws as the Alphabet Inc unit seeks to wipe out bugs from its Google Play store. Each flaw will score at least $1,000 under the program announced on Thursday to back up...
  • Taiwan ministry expresses 'deep concern' about Qualcomm's antitrust fine

    Reuters News: TAIPEI (Reuters) – Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc (QCOM.O), in a rare public display of disagreement between authorities. Taiwan’s Fair Trade Commission (FTC) fined Qualcomm last week, saying the U.S. chipmaker had...
  • Researchers uncover flaw that makes Wi-Fi vulnerable to hacks

    Reuters News: (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...
  • IRS puts Equifax contract on hold during security review

    Reuters News: NEW YORK (Reuters) – The U.S. Internal Revenue Service has temporarily suspended a contract worth more than $7 million it recently awarded to Equifax Inc following a security issue with the beleaguered credit reporting agency’s website on Thursday. Equifax, which disclosed last month that cyber criminals breached...
  • Social media firms summoned to U.S. Congressional hearings on Russia

    Reuters News: WASHINGTON (Reuters) – Representatives of Facebook, Twitter and Google have been asked to appear on Nov. 1 at hearings on alleged Russian interference in U.S. politics called by the U.S. Senate and House Intelligence Committees, officials said. Facebook and Twitter have already agreed to send representatives to...
  • Amazon Studios chief Roy Price suspended following harassment allegation

    Reuters News: SAN FRANCISCO (Reuters) – Amazon Studios chief Roy Price was put on an immediate leave of absence Thursday, the company said, following allegations that he harassed a producer and ignored an actress’s claim of a sexual assault by producer Harvey Weinstein. The Hollywood Reporter on Thursday reported...