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  • Larry Ellison still the top draw at Oracle's mega-convention

    Oracle's Executive Chairman of the Board and Chief Technology Officer Larry Ellison gestures while giving a demonstration during his keynote address at Oracle OpenWorld in San FranciscoBy Noel Randewich and Bill Rigby SAN FRANCISCO (Reuters) - Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp's annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company's CEO. Ellison, who this month gave up his position as chief executive of the enterprise software behemoth he co-founded 37 years ago, stuck to his tradition of delivering the main presentation at Oracle OpenWorld. Oracle surprised Wall Street on Sept. ...




  • Reddit raises $50 million in funding

    Reddit mascots are displayed at the company's headquarters in San Francisco(Reuters) - Social news site Reddit Inc said it raised $50 million in funding in a deal that would see investors giving back 10 percent of their shares back to the site's user community. The funding was led by Sam Altman, president of Y Combinator, the incubator that originally helped launch Reddit, with participation from Alfred Lin of Sequoia Capital and Marc Andreessen of Andreessen Horowitz, Reddit said in a blog post. (http://bit. ...




  • Microsoft names next operating system 'Windows 10'

    Microsoft CEO Nadella addresses the media during an event in New DelhiBy Bill Rigby SAN FRANCISCO (Reuters) - Microsoft Corp announced its 'Windows 10' operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers. The next version of Microsoft's flagship product, which still runs the vast majority of personal computers and is used by 1.5 billion customers worldwide, is aimed at recapturing the lucrative business market, which generally ignored the new-look Windows 8. ...




  • Factbox - EBay CEO's comments since January on PayPal spinoff
    (Reuters) - EBay Inc agreed on Tuesday to spin off its payments unit, PayPal, in the second half of 2015, after rebuffing activist investor Carl Icahn's proposal in January. Following are comments by eBay Chief Executive John Donahoe on PayPal spinoff since then: Jan. 22 - During fourth-quarter earnings call "PayPal and eBay make sense together for many reasons. First, eBay accelerates PayPal's success. Second, eBay data makes PayPal smarter. And third, eBay funds PayPal's growth." Feb. ...

  • EBay follows Icahn's advice, plans PayPal spinoff in 2015

    An eBay sign is seen at an office building in San Jose, CaliforniaBy Deepa Seetharaman and Supantha Mukherjee (Reuters) - EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows. The surprise move is a huge about-face for eBay's leadership, including Chief Executive Officer John Donahoe, who resisted shareholder activist Carl Icahn's calls for a split earlier this year and led a months-long campaign to convince investors that eBay should remain intact. ...




  • U.S. charges four with stealing $100 million in software, data

    A Spanish Games blogger is silhouetted against the logo of Microsoft's Xbox during the Xbox Play Day 2014, before the Gamescom 2014 fair in CologneBy Aruna Viswanatha WASHINGTON (Reuters) - Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data - some of it used to train military pilots and some related to Microsoft Corp's Xbox gaming console - the U.S. Justice Department said Tuesday. Two of the four - a 28-year-old New Jersey man and a 22-year-old Canadian man - pleaded guilty to charges contained in an indictment unsealed earlier in the day, the agency said. ...




  • German privacy watchdog tells Google to restrict use of data

    A Google search page is seen through a magnifying glass in this photo illustration taken in BrusselsFRANKFURT (Reuters) - A German data protection watchdog told Google Inc on Tuesday to seek users' permission for creating data profiles from its various services, adding to pressure on the U.S. technology giant in Europe over its privacy policy. "Google is ordered to take the necessary technical and organizational measures to guarantee that their users can decide on their own if and to what extend their data is used for profiling," the data protection commissioner for the German city state of Hamburg said in a statement on Tuesday. ...




  • FCC look into treating Internet TV like cable

    Wheeler testifies before a House Energy and Commerce Communications and Technology Subcommittee hearing on oversight of the FCC on Capitol Hill in WashingtonBy Alina Selyukh WASHINGTON (Reuters) - The Federal Communications Commission is considering a change in how it regulates Internet TV, potentially putting it on the same footing as traditional cable and satellite television, an FCC official familiar with the idea said on Tuesday. If formalized and approved, the change would help Internet TV services, such as ones being developed by Dish Network Corp, Sony Corp and Verizon Communications Inc, compete with traditional pay-TV for digital rights to major network programming. ...




  • U.S. attorney general criticizes Apple, Google data encryption

    U.S. Attorney General Holder makes a statement after President Obama announced Holder's resignation at the White House in WashingtonBy Julia Edwards WASHINGTON (Reuters) - Joining a cry from law enforcement officials concerned about data encryption on Apple's newest operating system, U.S. Attorney General Eric Holder said on Tuesday that officers should not be blocked from the information they need to investigate a crime. Apple's new iPhone 6, released this month, and Google's coming update of the Android smartphone have data encryption so sophisticated that only the user may unlock it. Even law enforcement officers with search warrants would not have access. ...




  • Apps re-invent smartphone keyboards to reduce typing frustration
    By Natasha Baker TORONTO (Reuters) - New smartphone apps aim to solve the problem of keyboards causing aching fingers or auto-correct resulting in embarrassing blunders. The apps replace Qwerty keyboards with alternatives designed to provide better auto-correct and more seamless typing. Minuum, which launched for the iPhone and is available for Android devices, converts the keyboard into a single staggered line of characters and learns users’ typing habits to predict what they will type next. ...

  • News Corp to buy real estate website operator Move for $950 mln

    News Corp Chief Executive Murdoch attends the Wall Street Journal CEO council annual meeting in WashingtonBy Soham Chatterjee and Lehar Maan (Reuters) - Rupert Murdoch's News Corp will buy Move Inc , the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business as advertising revenue from its print business dwindles. The deal is the second large acquisition in the online real estate market this year as property website operators struggle to turn rising revenue into consistent profitability. Top U.S. real estate website operator Zillow Inc bought smaller rival Trulia Inc for $3.5 billion in July. ...




  • America Movil's Brazil unit wins first new 4G license

    People walk outside a mobile phone store of network company Claro in LimaBRASILIA (Reuters) - Claro, the Brazilian mobile operator run by Mexico's America Movil SAB de CV, won a new national broadcast license for fourth-generation (4G) cell spectrum in the 700 MHz range with a bid of 1.947 billion reais ($795 million) on Tuesday. Rivals Telefonica Brasil SA and TIM Participações SA, the country's two biggest carriers, remained in the dispute for two other national 4G licenses. Fourth-place mobile operator Grupo Oi SA said last week it would not participate in the auction. (Reporting by Leonardo Goy Editing by W Simon)




  • Google searches for right note in online music business

    A man stands in front of a Google logo in Hong KongBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is planning new and revamped streaming-music services in coming weeks, searching for a way to stand out in an increasingly crowded field of rivals from Apple Inc and Amazon.com Inc to Spotify. Nailing music is one way for Google to raise chances of continued success as people spend more time on mobile devices. Google's YouTube service has become a low-profile titan in streaming through the popularity of music videos. Currently, videos must be chosen one track at a time. ...




  • Supervalu says malware affects four stores in Minnesota
    (Reuters) - Supermarket chain Supervalu Inc reported on Monday a second attack against its payment systems barely two months after it said it was investigating a potential data breach. The company said it found malicious software on a part of its network that might have affected payment cards used at four of its Cub Foods franchise stores in Hastings, Shakopee, Roseville and White Bear Lake, Minnesota. ...

  • EU telecoms nominee stands up for net neutrality
    By Julia Fioretti BRUSSELS (Reuters) - Telecoms operators should not be allowed to strike lucrative deals with bandwidth-hungry content providers such as Netflix and Google to provide them with quicker Internet access, the incoming EU telecoms commissioner said on Monday. Net neutrality, the principle that all internet traffic should be treated equally, has emerged as the main sticking point in discussions on a legislative package to overhaul Europe's ailing telecoms sector, which Germany's Guenther Oettinger will inherit from his predecessor Neelie Kroes. ...

  • New documents show legal basis for NSA surveillance programs

    Mobile phone simulating call to German Chancellor Merkel next to a tablet showing the logo of NSA is seen in picture illustration taken in FrankfurtBy Nate Raymond and Aruna Viswanatha NEW YORK/WASHINGTON (Reuters) - Documents released by the U.S. government show it views an executive order issued in 1981 as the basis of most of the National Security Agency's surveillance activities, the American Civil Liberties Union said on Monday. The NSA relied on Executive Order 12333 more than it did on two other laws that have been the focus of public debate following the leaks exposing U.S. surveillance programs by former agency contractor Edward Snowden, according to the papers released by the ACLU. ...




  • Europe's police need data law changes to fight cybercrime: Europol

    An illustration picture shows projection of binary code on man holding aptop computer in WarsawBy Eric Auchard LONDON (Reuters) - Law enforcers in Europe need greater powers to retain data for longer in order to catch cybercriminals selling discrete services that police cannot trace under existing regulations, according to a Europol report published on Monday. Cybercrime is increasingly conducted by a highly specialized chain of software break-in experts, underground market-makers and buy-side fraudsters who convert stolen passwords and identities into financial gains. Criminals can keep data for months or even years before using it to defraud victims. ...




  • Uber to use regular taxi drivers in Germany

    An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi signFRANKFURT (Reuters) - Online transportation company Uber said on Monday it would offer services using regular, licensed taxi drivers in Germany, where taxi associations have been trying to stop it operating. Uber said it would start its UberTaxi service -- which uses regular taxi drivers to pick up rides in their down time -- in Berlin and Hamburg before rolling it out in other cities. ...




  • Belgacom strikes deal to offer Netflix in Belgium

    An illustration photo shows the logo of Netflix the American provider of on-demand Internet streaming media in ParisBRUSSELS (Reuters) - Belgian telecom operator Belgacom will begin distributing the content of Netflix this year after striking a deal with the U.S. video streaming service which launched in Belgium earlier this month. Belgacom, which rebranded its products as "Proximus" on Monday, said in a statement that the Netflix application would be on its new generation of decoders by the end of 2014. When it launched in Belgium on Sept. ...




  • SimilarWeb unifies mapping of mobile and computer Web
    By Eric Auchard LONDON (Reuters) - The mobile Internet economy remains mostly uncharted territory for app publishers, their competitors, the advertisers who support them, and investors deciding where to place their bets. Now Israeli start-up SimilarWeb Ltd. is expanding its service for measuring computer usage into the mobile Internet realm and the apps where users spend the overwhelming bulk of their time on smartphones. Apps are the dedicated applications users have come to rely on rather than surfing the web for information. ...

  • BMW launches automated driving project in China with Baidu

    A BMW logo is pictured at the Jacob Javits Convention Center during the New York International Auto Show in New YorkFRANKFURT (Reuters) - German luxury carmaker BMW is teaming up with Chinese internet giant Baidu to start highly automated driving trials in Beijing and Shanghai. BMW research vehicles capable of highly automated driving have already undergone thousands of kilometers of trials on German autobahns. The project will now be expanded to include other large cities in China, BMW said on Monday. "BMW is embarking on a further research project which will pave the way for highly automated driving in China as well," the Munich-based automaker said in a statement. ...




  • Phoning 'home': what your mobile may be giving away

    File photo of three models of China's Xiaomi Mi phones pictured during their launch in New DelhiBy Jeremy Wagstaff SINGAPORE (Reuters) - When popular Chinese handset maker Xiaomi Inc admitted that its devices were sending users' personal information back to a server in China, it prompted howls of protest and an investigation by Taiwan's government. The affair has also drawn attention to just how little we know about what happens between our smartphone and the outside world. In short: it might be in your pocket, but you don't call the shots. ...




  • Romania seeks probe into ex-ministers in school software deal

    A shadow of a man using his mobile phone is cast near Microsoft logo at the 2014 Computex exhibition in TaipeiBUCHAREST (Reuters) - Romania's anti-corruption prosecutor's office, or DNA, is seeking to launch a criminal inquiry against nine ex-government ministers suspected of money laundering, abuse of office and bribery related to Microsoft educational licenses from 2004 to 2009. Some officials backed the closing of a 2004 leasing contract for licenses and its extension to educational Microsoft products for schools in terms that were onerous for the state, the DNA said in a statement. ...




  • Austria's foreign minister brings Facebook age to U.N. stage

    Austrian Foreign Minister Sebastian Kurz addresses the 69th session of the United Nations General Assembly in New YorkBy Rodrigo Campos UNITED NATIONS (Reuters) - Austria's youthful foreign minister began his address to the U.N. General Assembly on Saturday by acknowledging his place in the world and offering something rarely seen during the annual meeting of world leaders. "I look a bit younger than most of the other speakers before," said Sebastian Kurz. "Indeed, I believe I am the only person under the age of 30 who has the privilege of speaking here this week. ...




  • China urges global crackdown on extremists' use of Internet

    Chinese Foreign Minister Yi addresses the 69th United Nations General Assembly at the U.N. headquarters in New YorkUNITED NATIONS (Reuters) - China called on Saturday for a worldwide crackdown on the use of the Internet by religious extremists and terrorists to stamp out their ability to communicate their ideas and raise funds. China's Foreign Minister Wang Yi made the remarks during the annual gathering of the 193-nation U.N. General Assembly in New York. "As new developments emerge in the global fight against terrorism, the international community should take new measures to address them," Wang said. ...




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