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Exclusive: Amazon Studios to cut back on indie films in programing shift: sources

Reuters Technology - 1 hour 33 min ago
SAN FRANCISCO/NEW YORK (Reuters) - Amazon.com Inc, which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters.
Categories: Tech

Google, Temasek coming in as new investors in Indonesia's Go-Jek: sources

Reuters Technology - 2 hours 29 min ago
SINGAPORE (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.
Categories: Tech

Old hands in South Korea Bitcoin market unfazed by threats of ban

Reuters Technology - 3 hours 13 min ago
SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.
Categories: Tech

South Korea considers shutting down domestic cryptocurrency exchanges

Reuters Technology - 3 hours 17 min ago
SEOUL (Reuters) - South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime.
Categories: Tech

South Korea considering shutting down all virtual currency exchanges

Reuters Technology - 4 hours 47 min ago
SEOUL (Reuters) - South Korea's financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.
Categories: Tech

Toshiba sees $3.7 bln balance sheet improvement from Westinghouse deal

Reuters Technology - 5 hours 16 min ago
TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.
Categories: Tech

Intel: Problem in patches for Spectre, Meltdown extends to newer chips

Reuters Technology - 5 hours 45 min ago
(Reuters) - Data center computers with Intel Corp's newer chips might reboot more often than normal because of problems with the patches issued to fix the so-called Spectre and Meltdown security flaws, the company said on Wednesday.
Categories: Tech

South Korea's financial regulator says considering shutting down all virtual currency exchanges

Reuters Technology - 6 hours 1 min ago
SEOUL (Reuters) - South Korea's financial regulator chief says the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.
Categories: Tech

Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

Reuters Technology - 6 hours 55 min ago
TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.
Categories: Tech

Big portion of future GM electric vehicles for China market: executive

Reuters Technology - 7 hours 6 min ago
DETROIT (Reuters) - General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.
Categories: Tech

Verizon says new U.S. tax law to increase fourth-quarter earnings

Reuters Technology - 8 hours 22 min ago
NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.
Categories: Tech

Attackers Use Microsoft Office Vulnerabilities to Spread Zyklon Malware

Threatpost - 8 hours 24 min ago
Hackers are exploiting three Microsoft Office vulnerabilities to spread the Zyklon HTTP malware .
Categories: Cyber Security news

Social media firms warned of new type of online extremism at Senate hearing

Guardian Internet - 8 hours 52 min ago

Facebook, YouTube and Twitter, as well as lawmakers, urged to prepare for foreign actors using US citizens to carry out violence

Social media companies and lawmakers have been urged to prepare for a looming type of extremism born from foreign actors mobilising US citizens to carry out violent acts in their homeland.

Speaking during a Senate committee hearing on extremist propaganda and social media, Clint Watts, a fellow at the Foreign Policy Research Institute, warned of foreign nations using the kinds of persuasive techniques previously used to recruit Islamist terrorists to manipulate political discourse and mobilise unwitting Americans to attack specific targets.

Related: I was Mark Zuckerberg's mentor. Today I would tell him: your users are in peril

Related: Russia-backed Facebook posts 'reached 126m Americans' during US election

Continue reading...
Categories: Tech

U.S. enterprise telecoms firm Avaya trades again after bankruptcy

Reuters Technology - 8 hours 54 min ago
(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.
Categories: Tech

Verizon says new U.S. tax law to increase 4th-qtr earnings

Reuters Technology - 9 hours 10 min ago
NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.
Categories: Tech

Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

Reuters Technology - 9 hours 50 min ago
(Reuters) - Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.
Categories: Tech

Apple issues $2,500 bonuses to employees after new tax law: Bloomberg

Reuters Technology - Wed, 01/17/2018 - 23:26
(Reuters) - Apple Inc told its employees on Wednesday that the iPhone maker is issuing a bonus of $2,500 worth of restricted stock units following the new U.S. tax reform, Bloomberg reported, citing people familiar with the matter.
Categories: Tech

Oracle Ships 237 Fixes in Latest Critical Patch Update

Threatpost - Wed, 01/17/2018 - 22:42
Enterprise applications from Oracle and others could be becoming juicier targets for attackers.
Categories: Cyber Security news

Under threat: Cyber security startups fall on harder times

Reuters Technology - Wed, 01/17/2018 - 22:23
SAN FRANCISCO (Reuters) - A wave of cyber attacks by criminals, spies and hacker activists should make these heady days for U.S. cyber security startups.
Categories: Tech

Regulatory fears hammer bitcoin below $10,000, half its peak

Reuters Technology - Wed, 01/17/2018 - 22:11
LONDON/TOKYO (Reuters) - Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.
Categories: Tech