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Uber should have given court an ex-employee’s letter about ‘fraud and theft’ in Waymo case

SAN FRANCISCO (Reuters) – Ride hailing company Uber was obligated to turn over to a U.S. federal judge a letter from a former employee that told of the company’s “fraud and theft” and mentioned evidence of stolen trade secrets nailed “like a...
Posted On 16 Dec 2017

North Korean hackers behind attacks on cryptocurrency exchanges, South Korean newspaper reports

SEOUL (Reuters) – South Korea’s spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday. Source
Posted On 16 Dec 2017

U.S. Justice Department, AT&T settlement talks failed: court filing

WASHINGTON (Reuters) – The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company’s bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday. Source
Posted On 16 Dec 2017

EU court rejects U.S. intervention in Apple’s Irish $15 billion tax case

BRUSSELS (Reuters) – Europe’s second-highest court has rejected a request from the U.S. government to intervene in Apple’s challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in...
Posted On 16 Dec 2017

Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials

WASHINGTON (Reuters) – The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the...
Posted On 16 Dec 2017

EU agrees clampdown on bitcoin platforms to tackle money laundering

BRUSSELS (Reuters) – European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement. Source
Posted On 16 Dec 2017

Bitcoin hits new record high as warnings grow louder

LONDON (Reuters) – Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument. Source
Posted On 16 Dec 2017

U.S. Justice Department, AT&T settlement talks failed: court filing

WASHINGTON (Reuters) – The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company’s bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday. Source
Posted On 16 Dec 2017

Facebook defends itself against critics of social media

SAN FRANCISCO (Reuters) – Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world’s biggest social media network and its competitors for transforming how people behave and express emotion. Source
Posted On 16 Dec 2017

False paradise? EU is no haven of Net neutrality, say critics

LISBON/MILAN (Reuters) – America’s decision to scrap rules designed to ensure a free and open internet leaves the European Union as the biggest market where Net neutrality still prevails — but critics say the EU is not a level playing field. Source
Posted On 16 Dec 2017