By John McCrank 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 its systems between mid-May and […]
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MANILA (Reuters) – A group of civil society organizations has demanded that Apple Inc <AAPL.O> remove from its app store games it said violated the tech firm’s guidelines and promoted violence and killings commonplace in the Philippines’ war on drugs. The group named several apps featuring characters based on Philippines President Rodrigo Duterte and his […]
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By Sophie Sassard LONDON (Reuters) – Russia’s largest telecoms operator MTS is betting on financial services as one way to stop its customers from hanging up in a highly-competitive market. Although most of its investment will be in communications, 10 percent has been earmarked for “fintech” and other digital services, MTS’ chief finance officer Alexei […]
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By Anna Irrera NEW YORK (Reuters) – Fidelity Investments is testing virtual reality technology to train customer service representatives in its call centers across the United States. The company’s innovation unit Fidelity Labs said in a blog post on Friday that it had developed and tested a virtual reality prototype to train employees on how […]
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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 the Senate committee hearing, a Congressional official said. […]
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By Taís Haupt SAO PAULO (Reuters) – Ride-hailing startups that cater solely to women are catching on in Brazil, reflecting safety concerns in one of the biggest markets for Uber Technologies Inc and other incumbents, which have invested heavily in security features. One of the new mobile apps, FemiTaxi, has expanded into six Brazilian cities […]
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(Reuters) – Facebook Inc on Friday launched a service through which its U.S. users can order food for take-away or delivery directly through its app or website. Facebook said it has partnered with restaurants including Chipotle Mexican Grill Inc, Jack in the Box Inc, Five Guys and Papa John’s International Inc. The company said in […]
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LONDON (Reuters) – Amazon <AMZN.O> said on Friday it would open a new distribution center in Bolton, northwest England, in 2018, stepping up its expansion drive in its third-largest market outside North America. Amazon has 16 distribution centers in Britain and the new center will be supported by advanced robotics technology to help lift and […]
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ROME (Reuters) – Italy’s Cabinet is likely to discuss on Monday the use of its so-called “golden power” that allows it to intervene to protect strategic companies, a government source said on Friday, amid concern over ownership of Telecom Italia. The discussion is likely to center on Telecom’s Sparkle unit that controls its submarine cable […]
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By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. The surprise resignation of Samsung’s chip […]
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By Eric Auchard LONDON (Reuters) – A top U.S. government legal official has given strong backing to Britain’s campaign to force Silicon Valley to compromise on encrypted communications, rebuking tech firms for failing to balance crime-fighting demands with privacy needs. U.S. Deputy Attorney General Rod Rosenstein met with senior British government officials including interior minister […]
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By Joyce Lee SEOUL (Reuters) – Jay Y. Lee, the billionaire heir to South Korea’s Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer. Detained over charges that he bribed former president Park Geun-hye, […]
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