Reuters - Technology Report

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Wednesday, October 11, 2017

Exclusive: Despite sanctions, Russian organizations acquire Microsoft software

By Gleb Stolyarov, Anastasia Teterevleva and Anastasia Lyrchikova

Exclusive: Symantec CEO says source code reviews pose unacceptable risk

WASHINGTON (Reuters) - U.S.-based cyber firm Symantec is no longer allowing governments to review the source code of its software because of fears the agreements would compromise the security of its products, Symantec Chief Executive Greg Clark said in an interview with Reuters.

Israeli spies found Russians using Kaspersky software for hacks: media

WASHINGTON (Reuters) - Israeli intelligence officials spying on Russian government hackers found they were using Kaspersky Lab antivirus software that is also used by 400 million people globally, including U.S. government agencies, according to media reports on Tuesday.

Alibaba launches $15 billion overseas R&D drive

BEIJING (Reuters) - China's top e-commerce firm, Alibaba Group Holding Ltd [BABA.N], is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology.

Russian cybercrime suspect in Greek court for second extradition request

ATHENS (Reuters) - A Russian wanted by the United States for allegedly laundering billions of dollars in bitcoin appeared in a Greek court on Wednesday for a hearing to consider his extradition to Moscow on different charges.

Toshiba's accounting in focus as ISS, Tokyo bourse offer contrasting views

TOKYO (Reuters) - Proxy advisory firm ISS said on Wednesday it has recommended on that Toshiba Corp's shareholders do not approve its earnings statements for the past financial year - the same day that the Tokyo bourse said it was taking the conglomerate off a special watch list.

UK proposes internet firm levy with web safety plan

LONDON (Reuters) - Britain published proposals on Wednesday for a levy on social media firms and internet providers to help fund its online safety strategy, designed to tackle bullying, abuse and other risks for children and vulnerable users.

Hot chips to make Samsung's third-quarter profit sizzle

SEOUL (Reuters) - Samsung Electronics Co Ltd is expected to forecast a record third-quarter profit on Friday thanks to the strong market for memory chips, and as mobile earnings bounce back from last year's costly withdrawal of the Note 7.

India's Ola raises $1.1 billion in Tencent, SoftBank-led round, seeks another $1 billion

NEW DELHI (Reuters) - Indian ride-hailing firm Ola has raised $1.1 billion from investors led by China's Tencent Holdings and Japan's SoftBank Group and is in advanced talks with other investors for another $1 billion.

Apple nears TV deal with Spielberg for 'Amazing Stories'

LOS ANGELES (Reuters) - Apple Inc is finalizing a deal to make 10 new episodes of Steven Spielberg's 1980s science fiction anthology series "Amazing Stories," landing a premiere Hollywood talent for its plunge into original TV programming, a source with knowledge of the discussions said.