British Airways suffers flight delays after global IT outage

Saturday, 27/May/2017 - at 6:43 PM

LONDON (Reuters) – British Airways flights in Britain were being delayed and passengers were suffering long waits at airports on Saturday because of a global system outage, the airline said. British Airways suffers flight delays after global IT outage Source: Reuters – Technology

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Yahoo hacking suspect appeals denial of bail in Canada

Saturday, 27/May/2017 - at 4:23 AM

TORONTO (Reuters) – A Canadian suspected of involvement in a massive 2014 breach of Yahoo email accounts linked to Russia is appealing a decision to hold him in custody pending an extradition hearing, the man’s lawyer said on Friday. Yahoo hacking suspect appeals denial of bail in Canada Source: Reuters – Technology

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Acquisitions accelerate as tech giants seek to build AI smarts

Saturday, 27/May/2017 - at 3:26 AM

SAN FRANCISCO (Reuters) – A total of 34 artificial intelligence startups were acquired in the first quarter of this year, more than twice the amount of activity in the year-ago quarter, according to the research firm CB Insights. Acquisitions accelerate as tech giants seek to build AI smarts Source: Reuters – Technology

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Chipotle probe finds hackers stole payment card info in data breach

Saturday, 27/May/2017 - at 2:28 AM

(Reuters) – Chipotle Mexican Grill Inc said on Friday hackers used malware to access customers’ card data, including its number, expiration date and internal verification codes, from payment systems at some of its restaurants between March 24 and April 18. Chipotle probe finds hackers stole payment card info in data breach Source:…

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Vodafone's M-pesa money service to expand further into Africa: CEO

Saturday, 27/May/2017 - at 1:41 AM

NAIROBI (Reuters) – Vodafone’s popular mobile financial services M-Pesa will expand into more African countries, giving millions of people access to banking services without the need for a bank account, the chief executive of Safaricom said. Vodafone’s M-pesa money service to expand further into Africa: CEO Source: Reuters – Technology

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Italian court overturns Uber ban

Saturday, 27/May/2017 - at 12:24 AM

ROME (Reuters) – A Rome court annulled a short-lived ban on ride-hailing app Uber on Friday in the latest twist to a battle between the San Francisco-based multinational and Italy’s traditional taxi cabs. Italian court overturns Uber ban Source: Reuters – Technology

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Major U.S. tech firms press Congress for internet surveillance reforms

Friday, 26/May/2017 - at 11:56 PM

WASHINGTON (Reuters) – Facebook, Amazon and more than two dozen other U.S. technology companies pressed Congress on Friday to make changes to a broad internet surveillance law, saying they were necessary to improve privacy protections and increase government transparency. Major U.S. tech firms press Congress for internet surveillance reforms Source: Reuters –…

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China's Dahua Tech plans up to $1 billion Hong Kong share sale: sources

Friday, 26/May/2017 - at 6:56 PM

HONG KONG (Reuters) – China’s Zhejiang Dahua Technology Co Ltd , a maker of security products, is planning to raise as much as $1 billion through a share offering in Hong Kong, three people with direct knowledge of the move told Reuters. China’s Dahua Tech plans up to billion Hong Kong share sale:…

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China LeEco's sports unit says valued at $3.5 billion after new funding round

Friday, 26/May/2017 - at 6:29 PM

BEIJING/SHANGHAI (Reuters) – Chinese tech conglomerate LeEco’s sports unit said it completed a new round of funding that valued it at 24 billion yuan ($3.50 billion) and that its investors will form a new committee to supervise its finances. China LeEco’s sports unit says valued at .5 billion after new funding round …

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Japan, South Korea drive global bitcoin prices as retail investor pile in

Friday, 26/May/2017 - at 5:53 PM

HONG KONG (Reuters) – Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, with the digital currency more than doubling its value since the start of the year, analysts and market practitioners said on Friday. Japan, South Korea drive global bitcoin prices as retail investor…

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