Reuters - Technology Report

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Monday, July 17, 2017

Major tech firms urge U.S. to retain net neutrality rules

WASHINGTON (Reuters) - A group representing major technology firms including Alphabet Inc and Facebook Inc urged the U.S. Federal Communications Commission on Monday to abandon plans to reverse the landmark 2015 rules barring internet service providers from blocking or slowing consumer access to web content.

Uber suspends ride-sharing services in Macau

HONG KONG (Reuters) - Uber Technologies Inc will suspend its services in Macau from July 22 as it has not been able to unlock the full benefits of ride sharing in the gambling hub, in another blow to the firm that is fighting legal scrutiny in many Asian markets.

Global cyber attack could spur $53 billion in losses: Lloyd's of London

(Reuters) - A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd's of London said in a report on Monday.

UAE minister denies any hacking of Qatar

LONDON (Reuters) - The United Arab Emirates was not responsible for an alleged hack of Qatari websites which helped spark a month-long diplomatic rift with Doha, the UAE's minister of state for foreign affairs said on Monday.

Internet outage in violence-plagued Somalia is extra headache for businesses

MOGADISHU (Reuters) - A severed marine cable has left Somalia without internet for weeks, triggering losses for businesses, residents said, and adding a layer of chaos in a country where Islamist insurgents are carrying out a campaign of bombings and killings.

Vodafone Qatar says access to network hit by technical issues

DOHA (Reuters) - Vodafone Qatar, an affiliate of Vodafone Group, said on Monday that access to its network was being affected by technical issues.

MidEast ride-hailing firm Careem buys stake in Egyptian transport start-up

DUBAI (Reuters) - Ride-hailing firm Careem, a Middle East rival to Uber Technologies Inc, has bought a minority stake in a three-month-old Egyptian start-up that connects commuters with private buses in Cairo.

French payments group Worldline to buy Digital River World Payments

PARIS (Reuters) - French payments company Worldline has agreed to buy Swedish peer Digital River World Payments as merger activity in the payments sector picks up following this month's takeover of Worldpay.

Message service Telegram to shut some public channels after Indonesia ban

JAKARTA (Reuters) - Encrypted messaging service Telegram will shut down "terrorist-related" public channels, its founder said on Sunday, after Indonesia's government blocked access to the platform citing security concerns.

Carlyle to buy airfield lighting group ADB Safegate: sources

LONDON/FRANKFURT (Reuters) - Buyout group Carlyle has agreed to buy airfield lighting group ADB Safegate at a valuation of about 900 million euros ($1 billion) including debt, sources familiar with the matter said.