Reuters - Technology Report

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Thursday, September 14, 2017

Equifax says web server vulnerability led to hack

(Reuters) - Credit reporting company Equifax Inc blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers.

Trump administration orders purge of Kaspersky products from U.S. government

WASHINGTON (Reuters) - The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products from their networks, saying it was concerned the Moscow-based cyber security firm was vulnerable to Kremlin influence and that using its anti-virus software could jeopardize national security.

Trump bars Chinese-backed firm from buying U.S. chipmaker Lattice

(Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications.

Google to launch mobile payment service in India: report

(Reuters) - Google plans to introduce a localized digital payment service in India as early as next week, technology website TechCrunch reported, citing a report from news site The Ken.

France sees more EU states joining push over tax on online giants

PARIS (Reuters) - French Finance Minister Bruno Le Maire said he expected more EU countries to join in the coming days a French-led push to tighten the taxation of online giants like Google and Amazon.

Toshiba says Western Digital overstating rights over chip business

TOKYO (Reuters) - Toshiba Corp said its business partner Western Digital Corp had been "persistently" overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale.

Australian media wins relaxed ownership laws, but online rivals' threat to stay

SYDNEY (Reuters) - Australia's big media players have won long-sought reforms that will allow them to boost market share by facilitating consolidation, although doubts remain on whether the changes can stem the declines at the moguls' ageing empires.

Germany's Siemens to set up robotics research center in China

FRANKFURT (Reuters) - German industrial group Siemens said on Thursday it was setting up a robotics research center in China, the world's biggest market for industrial robots.

Samsung enters autonomous driving race with new business, funding

FRANKFURT (Reuters) - South Korea's Samsung Electronics Co Ltd plans to become a major player in autonomous driving, building on its recent $8 billion acquisition of audio and auto parts supplier Harman and its pole position in mobile communications markets.

JP Morgan says no plans to take control of Ubisoft despite stake

PARIS (Reuters) - U.S. bank JP Morgan said it had no plans to take control of video games maker Ubisoft, making the statement after a disclosure that it indirectly held about 11 percent of Ubisoft's shares.