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Amazon Japan raided on suspicion of antitrust practices: Nikkei

TOKYO Japan's Fair Trade Commission has raided the office of Amazon Japan on suspicion of pressuring retailers to offer products on more favorable conditions than on rival sites, the Nikkei business daily reported on Monday.

Recent Technology News

Tesla Motors discloses $1.1 billion in third-quarter cash needs

SAN FRANCISCO Tesla Motors Inc on Friday disclosed $1.1 billion in third quarter cash requirements in payments and planned expenditures, about a third of the cash on hand mid-year, in a new sign of pressure on the electric vehicle maker.

Aug 05 2016

Apple offers big cash rewards for help finding security bugs

LAS VEGAS Apple Inc said it plans to offer rewards of up to $200,000 (£152,433) to researchers who find critical security bugs in its products, joining dozens of firms that already offer payments for help uncovering flaws in their products.

Cybersecurity Aug 05 2016

Obama prepares to boost U.S. military's cyber role: sources

WASHINGTON The Obama administration is preparing to elevate the stature of the Pentagon’s Cyber Command, signaling more emphasis on developing cyber weapons to deter attacks, punish intruders into U.S. networks and tackle adversaries such as Islamic State, current and former officials told Reuters.

U.S., Cybersecurity Aug 07 2016

Bangladesh says Philippines President commits to return heist money funneled via Manila

MANILA Philippine President Rodrigo Duterte has given a commitment that $81 million stolen by cyber criminals from the account of Bangladesh Bank in New York and funneled through bank accounts in Manila would be returned, the Bangladesh ambassador to the Philippines said on Friday.

Aug 05 2016

Oil traders prepare fond farewells to Yahoo Messenger

(This Aug. 5 story corrects second paragraph to say Yahoo Messenger would begin shutting down on Aug. 5 and will stop working on Aug. 31, 2016.)

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