Reuters - Technology Report

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Tuesday, June 7, 2016

U.S. regulators, FBI warn banks on cyber threat after Bangladesh heist

BOSTON/NEW YORK (Reuters) - U.S. regulators on Tuesday told banks to review the cyber security they have in place to protect against fraudulent money transfers and other threats to a global payments network, months after hackers stole $81 million from the Bangladesh central bank's account at the Federal Reserve Bank of New York.

Sovereign wealth funds throw funding lifeline to tech ventures

FRANKFURT/SINGAPORE (Reuters) - A succession of funding deals by deep-pocketed sovereign wealth funds have thrown a life preserver to some of the world’s biggest private tech firms whose high valuations have come under scrutiny in the past year.

Wall Street hopes artificial intelligence software helps it hire loyal bankers

(Reuters) - Clinching a job on Wall Street soon may have as much to do with beating an algorithm as nailing the interview.

NFL's Twitter account hacked, commissioner is fine: NFL

NEW YORK (Reuters) - The National Football League's Twitter account was hacked on Tuesday and a false tweet was sent that Commissioner Roger Goodell had died, an NFL spokesman said on his Twitter account.

U.S. ITC launches probe of certain portable electronic devices

WASHINGTON (Reuters) - The U.S. International Trade Commission said on Tuesday it had launched a patent infringement investigation into the import and sale of certain portable electronic devices utilizing haptic technology.

Nissan's Infiniti looks to offer highway self-driving on new models

CHONGQING, China (Reuters) - Infiniti, the luxury division of Japanese carmaker Nissan, is considering rolling out highway self-driving capabilities for most new models, its president said on Tuesday, potentially overtaking German rivals in a race to offer autonomous driving.

Verizon to submit $3 billion bid for Yahoo's internet business: WSJ

(Reuters) - Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc's core internet business, the Wall Street Journal reported, citing people familiar with the matter.

U.S. Supreme Court lets Google advertising class action suit proceed

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday let stand a lower court's decision to allow a class action lawsuit against Google Inc to proceed regarding claims that the company deceived California advertisers about the placement of Internet ads through its Adwords service.

Facebook founder Zuckerberg's social media accounts restored after alleged hack

(Reuters) - Facebook Chief Executive Mark Zuckerberg's Twitter and Pinterest accounts have been resecured, a spokesman from the social media platform said on Monday, responding to questions about weekend media reports that the founder's sites had been hacked.

Samsung SDI making progress in talks with Tesla to supply batteries: source

SEOUL (Reuters) - Samsung SDI is making progress in talks with Tesla Motors to supply batteries for the U.S. automaker's Model 3 electric car as well as its energy storage products, a source with direct knowledge of the matter told Reuters.