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Didi Chuxing Japan service singapore Tech Top News 

Chinese bicycle-sharing startup Mobike expands into Japan

June 22, 2017 SHANGHAI (Reuters) – Chinese bicycle-sharing startup Mobike has set up a subsidiary in Fukuoka city in northern Japan and plans to begin service later this year, it said on Thursday. The move into one of Japan’s largest cities marks the latest overseas venture for the firm, which has already launched services in Singapore and the UK. The company has operations in around 100 Chinese cities and has raised over $900 million since October. “The company is committed to providing smart bike-share services in collaboration with local governments…

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economic growth internet Michael Kratsios Tech Top News White House 

White House aims to speed U.S. drone, wireless technologies

June 22, 2017 By David Shepardson WASHINGTON (Reuters) – The White House is bringing together drone makers, wireless companies and venture capitalists on Thursday to look at ways government can help speed new technologies to the marketplace. President Donald Trump will meet with the chief executives of General Electric Co, Honeywell International Inc and AT&T Inc AT&T Inc, major drone industry firms and venture capitalists in the latest effort by the White House to focus on innovative technologies as a way of spurring job growth. Michael Kratsios, the White House’s…

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Congress election presidential Russian Tech Top News 

Russians targeted 21 election systems, U.S. official says

June 21, 2017 By Dustin Volz and Julia Edwards Ainsley WASHINGTON (Reuters) – Russian hackers targeted 21 U.S. state election systems in the 2016 presidential race and a small number were breached but there was no evidence any votes were manipulated, a Homeland Security Department official told Congress on Wednesday. Jeanette Manfra, the department’s acting deputy undersecretary of cyber security, testified before the Senate Intelligence Committee. U.S. intelligence agencies have concluded the Kremlin orchestrated a wide-ranging influence operation that included email hacking and online propaganda to discredit Democratic presidential candidate…

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bank change energy Tech Top News Wall Street 

Low U.S. inflation? It’s your phone: BlackRock bond manager

June 21, 2017 NEW YORK (Reuters) – Americans’ love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall Street and the Federal Reserve, a top bond manager at BlackRock, the world’s biggest asset manager, said on Wednesday. Consumers are relying less and less on devices such as cameras, radios and televisions, and services such as taxis and stores, replacing them with programs in their iPhones and other high-end phones, according to Rick Rieder, BlackRock’s chief investment officer of global fixed income….

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internet launch Sara Haider service Tech Top News 

Twitter to let streaming video stars collect money from fans

June 21, 2017 By David Ingram SAN FRANCISCO (Reuters) – Twitter Inc plans on Wednesday to launch a system for people to earn money by streaming live on its Periscope service, a first for Twitter and a way for the company to try to compete with YouTube and others in the search for internet talent. People watching Periscope will be able to send performers and broadcasters they like a gratuity using a variety of heart shapes that are, in effect, a virtual currency they can purchase, the company said. Broadcasters…

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Japan month Nissan Motor Co Romania Tech Top News 

Honda halts Japan car plant after WannaCry virus hits computer network

June 21, 2017 TOKYO (Reuters) – Honda Motor Co said on Wednesday it halted production at a domestic vehicle plant for a day this week after finding the WannaCry ransomware that struck globally last month in its computer network. The automaker shut production on Monday at its Sayama plant, northwest of Tokyo, which produces models including the Accord sedan, Odyssey Minivan and Step Wagon compact multipurpose vehicle and has a daily output of around 1,000 vehicles. Honda discovered on Sunday that the virus had affected networks across Japan, North America,…

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CRV increase Spark Capital Startup Cybereason Tech Top News 

Startup Cybereason raises $100 million from SoftBank

June 21, 2017 (Reuters) – Cybereason said on Wednesday it received $100 million in investment from its biggest investor SoftBank Corp, as the cybersecurity-focused startup looks to develop new technologies and increase distribution channels. SoftBank, a subsidiary of SoftBank Group Corp, is also one of Cybereason’s biggest customer and distribution partner. Following the latest financing, Cybereason has raised a total of $189 million in capital from CRV, Spark Capital, Lockheed Martin and SoftBank since its inception in 2012. The Boston, Massachusetts-based firm’s products are used by companies to protect their…

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broadband FCC government President Donald Trump Tech Top News 

Trump to meet with top executives on wireless tech, drones

June 20, 2017 By David Shepardson WASHINGTON (Reuters) – U.S. President Donald Trump will discuss advanced wireless technologies and drones on Thursday with top executives at AT&T Inc, Verizon Communications Inc, T-Mobile US Inc and other firms, focusing on how government can create the right environment for breakthroughs. AT&T Chief Executive Randall Stephenson, Sprint CEO Marcelo Claure and CenturyLink Inc CEO Glen Post will be among the executives discussing advanced technologies such as unmanned aerial vehicles, or drones, 5G wireless technologies and universal broadband, officials said. White House press secretary…

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cyber investigating italy security Tech Top News 

Italy investigates foreign ministry hacking attempt

June 20, 2017 ROME (Reuters) – Italy’s foreign ministry said on Tuesday it was investigating a hacking attempt, after a group calling itself Anonymous published what it said was stolen ministry data. A site called carried a blog post titled “Foreign Affairs Ministry You Have Been Hacked” addressed to Foreign Minister Angelino Alfano and the head of the national magistrates association. “Regarding the attempted hack of the ministry’s website, a legal complaint has been lodged and investigations are now underway,” the ministry said in a statement. “We hope the…

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Business Japan Makiko Yamazaki Tech Top News Western Digital Corp 

Toshiba to pick government-led Japan-U.S.-Korea group to buy chips unit-source

June 20, 2017 By Taro Fuse and Kentaro Hamada TOKYO (Reuters) – Embattled Toshiba Corp will pick a Japanese government-led group of Japanese, U.S. and South Korean firms and funds to buy the conglomerate’s semiconductor business, two people briefed on the matter said on Tuesday. The consortium, whose bid clears Toshiba’s 2 trillion yen ($18 billion) minimum, has been seen as one of the strongest suitors for the unit – the world’s No. 2 producer of NAND chips – as it would automatically have the government’s stamp of approval, other…

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