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What is at stake for Uber in U.S. bribery probe?

SAN FRANCISCO A U.S. bribery investigation at ride-hailing company Uber Technologies Inc [UBER.UL] will likely go on for a year or more and could lead to snowballing legal and compliance costs if lawyers find systemic problems.

Recent Technology News

Distrustful U.S. allies force spy agency to back down in encryption row

SAN FRANCISCO An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.S. allies.

World, Germany, Japan, Israel 1:03am EDT

Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division

TAIPEI/SAN FRANCISCO Alphabet Inc's Google said it would pay $1.1 billion for the division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones - its second major foray into phone hardware after an earlier costly failure.

Deals, 3:25am EDT

Toshiba, keen to seal $18 billion chips sale, wrestles with last-minute delays

TOKYO Japan's Toshiba Corp is locked in last minute discussions over "key issues" with the would-be buyers of its $18 billion memory chip business led by U.S. private equity firm Bain, potentially delaying a formal agreement on the sale.

Deals, Japan 3:49am EDT

Swisscom sets up blockchain unit to develop apps in Switzerland

ZURICH Swisscom is establishing a new blockchain unit to develop applications, including for possible solutions to enable off-exchange trading, the Swiss government-owned phone company said on Thursday.

3:31am EDT

Equifax says server first compromised on March 10

Equifax Inc said on Wednesday that investigators had determined that an online dispute website at the heart of the theft of some 143 million consumer records was initially compromised by hackers on March 10, four months before the company noticed any suspicious activity.

Cybersecurity 12:18am EDT