Wednesday 28 June 2017

Reuters Technology Report: June 28, 2017

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Wednesday, June 28, 2017
Cyber attack sweeps globe, researchers see 'WannaCry' link
MOSCOW/KIEV/WASHINGTON (Reuters) - A major global cyber attack disrupted computers at Russia's biggest oil company, Ukrainian banks and multinational firms with a virus similar to the ransomware that infected more than 300,000 computers last month .
India's largest container port hit by global cyber attack
MUMBAI (Reuters) - Operations at one of three terminals at India's largest container port JNPT, on the outskirts of India's commercial hub of Mumbai, have been disrupted by the global ransomware attack, the port said on Wednesday.
Toshiba misses self-imposed deadline for chip unit sale, sues Western Digital
CHIBA, Japan (Reuters) - Japan's Toshiba Corp has pushed back its timeline to clinch a sale of its prized flash memory chip unit, saying the $18 billion deal was being held up due to differences of opinion within the consortium chosen as preferred bidder.
Drive.ai raises $50 million in funding; Andrew Ng joins board
SAN FRANCISCO (Reuters) - Self-driving startup Drive.ai said on Tuesday it raised $50 million in a second round of funding as the Silicon Valley company prepared to deploy its technology in pilot vehicles later this year.
Cyber attacks have long-lasting business impact: Lloyd's of London
LONDON (Reuters) - Businesses in Europe underestimate the "slow-burn" effects of cyber attacks and need to prepare more fully for a loss of customers, a fall in share price and other potential consequences, Lloyd's of London said in a report on Wednesday.
Toshiba says suing Western Digital for $1 billion
TOKYO (Reuters) - Japan's Toshiba Corp said on Wednesday it is filing a lawsuit against joint venture partner Western Digital Corp.
JPMorgan Chase to centralize energy controls for 4,500 branches
NEW YORK (Reuters) - JPMorgan Chase & Co is shifting control of heating, air-conditioning and lighting in 4,500 of its branches to an operations center hosted in the internet cloud.
Google faces years of EU oversight on top of record antitrust fine
BRUSSELS/FRANKFURT (Reuters) - Beyond a headline-grabbing 2.4 billion euro ($2.7 billion) fine EU antitrust regulators have levelled against Google, the internet giant is likely to be shackled for years by Tuesday's precedent-setting decision defining the company as a monopoly.
Facebook hits 2 billion-user mark, doubling in size since 2012
SAN FRANCISCO (Reuters) - Facebook Inc said on Tuesday that 2 billion people are regularly using its flagship service, marching past another milestone in its growth from a college curiosity in the United States to the world's largest social media network.
U.S. antitrust lawsuit against Qualcomm to proceed, judge rules
(Reuters) - The Federal Trade Commission's antitrust lawsuit against Qualcomm Inc can proceed, a federal judge ruled late on Monday, meaning the iPhone chip supplier must now wage a fight with U.S. regulators even as it contests a separate $1 billion lawsuit filed by Apple Inc .
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