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Shock and shrug: U.S. stocks brush off latest round of global threats

NEW YORK (Reuters) – Another global shock. Another collective yawn by U.S. stock investors. Source
Posted On 16 May 2017

Uber must return stolen Waymo files, can continue self-driving work: U.S. judge

SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] must promptly return stolen confidential files to Alphabet Inc’s Waymo self-driving car unit, a federal judge ruled, while stopping short of shutting down the ride-services company’s autonomous car...
Posted On 16 May 2017

Japan urges Toshiba, Western Digital to get along as chip spat flares

TOKYO (Reuters) – Japan’s government said on Tuesday it wanted Toshiba Corp and partner Western Digital Corp to cooperate, expressing concern about an escalating dispute between the two that threatens to upend the sale of Toshiba’s chip unit. Source
Posted On 16 May 2017

Former SolarCity CEO Lyndon Rive will leave Tesla

(Reuters) – SolarCity founder Lyndon Rive, who steered the dramatic growth of the biggest U.S. residential solar company before driving its sale to Tesla Inc , is leaving the electric vehicle maker in June, he said on Monday. Source
Posted On 16 May 2017

Banks reinforce cyber defenses after global attack

FRANKFURT/MOSCOW (Reuters) – Banks have tightened their security systems and increased their surveillance after the global cyber assault on individuals and organizations worldwide. Source
Posted On 16 May 2017

UK venture firm Notion wins overseas backers to avert Brexit fund gap

FRANKFURT (Reuters) – UK-based business software venture capital firm Notion Capital has increased funding for European business software start-ups by bringing in new investors from the United States and the Middle East, the firm said on Tuesday. Source
Posted On 16 May 2017

Thailand has no immediate plan to suspend Facebook, regulator says

BANGKOK (Reuters) – Thailand has no immediate plan to block access to Facebook , the telecoms regulator said on Tuesday, as it expects the social media giant to comply with court orders for the removal of content deemed to threaten national security. Source
Posted On 16 May 2017

Snap surges after Wall Street heavyweights reveal stakes

SAN FRANCISCO/NEW YORK (Reuters) – Snap Inc jumped more than 8 percent on Monday in its second strongest day since the social media company’s initial public offering, boosted by filings showing several institutional investors had owned its shares. Source
Posted On 16 May 2017

Cyber attack could spark lawsuits but not against Microsoft

(Reuters) – Businesses that failed to update Microsoft Windows-based computer systems that were hit by a massive cyber attack over the weekend could be sued over their lax cyber security, but Microsoft Corp itself enjoys strong protection from lawsuits, legal experts said. Source
Posted On 16 May 2017

Researchers say global cyber attack similar to North Korean hacks

SEOUL/WASHINGTON (Reuters) – Cybersecurity researchers have found evidence they say could link North Korea with the WannaCry cyber attack that has infected more than 300,000 computers worldwide as global authorities scrambled to prevent hackers from spreading new versions...
Posted On 16 May 2017