internetNews

Google challenges record EU antitrust fine in court

BRUSSELS (Reuters) - Alphabet unit Google appealed against a record 2.4-billion-euro ($2.9 billion) EU antitrust fine on Monday, its chances of success boosted by Intel's partial victory last week against an EU sanction.

Facebook fined 1.2 million euros by Spanish data watchdog

MADRID (Reuters) - Facebook has been fined 1.2 million euros ($1.4 million) for allegedly collecting personal information from users in Spain that could then be used for advertising, the national data protection watchdog said on Monday.

David v Goliath: Deezer seeks musical edge on Spotify

LONDON (Reuters) - From Brazilian gospel to Puerto Rican reggaeton and Dutch hip-hop, music streaming company Deezer is scouring the globe for gaps in the market where it can survive and thrive against Spotify and Apple.

China's bitcoin exchanges await clarification, markets subdued for now

SHANGHAI/BEIJING (Reuters) - China's largest bitcoin exchanges are awaiting clarification from the government following more media reports that Beijing is planning to ban trading of virtual currencies on domestic exchanges, but markets were largely subdued on Monday.

High-speed 4G mobile internet to come into effect in Egypt this month: minister

CAIRO (Reuters) - Egypt's telecoms operators will begin offering high-speed 4G mobile broadband services in September, the telecoms minister said on Monday.

Criticism of Equifax data breach response mounts, shares tumble

(Reuters) - Equifax Inc faced a storm of criticism on Friday over a hack that may have compromised personal data for some 143 million Americans, with consumers clamoring for answers and cyber security experts questioning the response to the massive breach.

Son of Russian lawmaker pleads guilty in cyber crime cases

WASHINGTON (Reuters) - The son of a Russian lawmaker accused of stealing credit card data and other personal information has pleaded guilty in two criminal cases stemming from a probe into a $50 million online identity theft scheme, the U.S. Justice Department said on Friday.

Virginia halts use of voting machines considered vulnerable to hacking

WASHINGTON (Reuters) - Virginia on Friday agreed to stop using paperless touchscreen voting machines that had been flagged by cyber security experts as potentially vulnerable to hackers and lacking sufficient vote auditing capabilities.

Bitcoin ETF idea still a little funky, experts say

NEW YORK (Reuters) - Demand for exchange-traded funds that would provide exposure to cryptocurrencies like bitcoin is strong, but regulators will likely wait until the underlying market matures more before approving such products, a panel of securities industry experts said on Friday.

Best Buy stops sale of Russia-based Kaspersky products

(Reuters) - Best Buy Co, the No.1 U.S. electronics retailer, is pulling Kaspersky Lab's cyber security products from its shelves and website, amid concerns that the Moscow-based firm may be vulnerable to Russian government influence.

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