Reuters - Technology Report

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Monday, May 30, 2016

Indian minister: discussing Apple's request for FDI rules waiver

NEW DELHI (Reuters) - The Indian government on Monday said it was discussing Apple Inc's foreign direct investment application that seeks a waiver from a local sourcing rule.

Data analysis from Paris raid on Google will take months, possibly years: prosecutor

PARIS (Reuters) - Analysis of data seized by investigators in last week's raid of Google's Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday.

Bangladesh panel finds possible insider role in central bank cyber theft

DHAKA (Reuters) - Officials of Bangladesh Bank may have been involved in a brazen theft of $81 million from its account with the New York Federal Reserve Bank in February, the head of a government-appointed panel investigating the cyber heist told reporters on Monday.

Gawker privacy lawsuit evolves into battle of tech billionaires

SAN FRANCISCO (Reuters) - Billionaire media owner Pierre Omidyar is backing news and entertainment web site Gawker Media in its lawsuit against wrestler Hulk Hogan, adding a new twist to a case pitting technology money against press freedom.

Push for encryption law falters despite Apple case spotlight

WASHINGTON/ SAN FRANCISCO (Reuters) - After a rampage that left 14 people dead in San Bernardino, key U.S. lawmakers pledged to seek a law requiring technology companies to give law enforcement agencies a "back door" to encrypted communications and electronic devices, such as the iPhone used by one of the shooters.

Cyber firms say Bangladesh hackers have attacked other Asian banks

WASHINGTON/SINGAPORE (Reuters) - Hackers who stole $81 million from Bangladesh's central bank have been linked to an attack on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures, cybersecurity company Symantec Corp said in a blog post.

Facebook expands ads on third-party apps, websites to beyond users

(Reuters) - Facebook Inc said its customers' ads would now be visible on third-party apps and websites to everyone who has ever visited its website, and not just to users logged into its social networking service.

Chinese users criticize Microsoft's push for Windows 10 upgrade: Xinhua

SHANGHAI (Reuters) - Chinese users of Microsoft products are criticizing the software company's push to get them to mandatorily upgrade their Windows operating systems, the official Xinhua news agency reported on Friday.

Kuka's CEO says Chinese bidder could be a growth driver

AUGSBURG, Germany (Reuters) - The chief executive of German industrial robot maker Kuka said on Friday he welcomed an impending 4.5 billion- euro ($5 bln) takeover bid from Chinese home appliance maker Midea .

'Replica' bottle from 'flipping' video fetches over $15,000 on eBay

(Reuters) - A plastic water bottle touted as a replica of the one in a "bottle-flipping" video that went viral has fetched a closing bid of more than $15,000 on internet auction platform eBay.