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Senators ask Yahoo CEO for details of hack investigation
File photo of Yahoo CEO Marissa Mayer delivering her keynote address at the annual Consumer Electronics Show (CES) in Las VegasBy Dustin Volz WASHINGTON (Reuters) - Six Democratic U.S. senators on Tuesday asked embattled Yahoo CEO Marissa Mayer for more information about the internet company's investigation into a hack that compromised data related to 500 million user accounts. The lawmakers said they were "disturbed" the two-year-old intrusion was announced only last week. "That means millions of Americans’ data may have been compromised for two years," the senators wrote in a joint letter addressed to Mayer. "This is unacceptable." (Reporting by Dustin Volz; Editing by Chizu Nomiyama)
Tue, 27 Sep 2016 10:58:15 -0400
Facebook to appeal German order on WhatsApp data
A 3D printed Whatsapp logo is seen in front of a displayed Facebook logo in this illustration takenFacebook said it would appeal against an order by a German privacy regulator on Tuesday to stop collecting and storing data of German users of its messaging app WhatsApp and to delete all data that has already been forwarded to it. The Hamburg Commissioner for Data Protection and Freedom of Information said Facebook was infringing data protection law and had not obtained effective approval from WhatsApp's 35 million users in Germany. "After the acquisition of WhatsApp by Facebook two years ago, both parties have publicly assured that data will not be shared between them," commissioner Johannes Caspar said in a statement.
Tue, 27 Sep 2016 10:45:40 -0400
Samsung recovers around 60 percent of recalled Note 7s in South Korea, U.S., Europe
A Samsung Electronics' Galaxy Note 7 new smartphone is displayed at its store in SeoulSamsung Electronics Co said on Tuesday it has got back around 60 percent of recalled Galaxy Note 7 smartphones sold in South Korea, the United States and Europe, suggesting it is making progress in its attempts to recover from the crisis. In a statement, Samsung said it was focused on replacing all affected devices "as quickly and efficiently" as possible and reiterated its request that customers affected by the current recall should power off their device and turn them in. Samsung hopes to take the faulty products off the market as soon as possible in order to limit further damage to its reputation and resume sales of the flagship device ahead of the key holiday shopping season in major markets such as the United States.
Tue, 27 Sep 2016 10:40:23 -0400
Uber launches global assault on food delivery market
An UberEATS food delivery courier rides her scooter in LondonBy Eric Auchard AMSTERDAM (Reuters) - Uber is making an aggressive drive into meal delivery, backed by a wave of staff recruitment, with the U.S. tech heavyweight gearing up to enter at least 22 new countries and take on local rivals. In a measure of rising ambition beyond its taxi business, Uber [UBER.UL] will begin delivering meals in Amsterdam on Thursday just as Dutch market leader , begins trading on the city's stock market.
Tue, 27 Sep 2016 10:38:07 -0400
Ride-hailing company Careem says profitability in sight
By Tom Arnold DUBAI (Reuters) - Ride-hailing service Careem is targeting profitability next year or in 2018 and is in talks with potential investors about its latest fundraising plans, co-founder Mudassir Sheikha told Reuters on Tuesday. The company, which has a larger market share than rival Uber [UBER.UL] in most of the 32 cities in the Middle East, North Africa and Pakistan region in which it operates, aims to expand in new markets including Oman and a number of North African countries, managing director Mudassir Sheikha said. Launched in Dubai in 2012 by Sheikha and fellow McKinsey & Co alumni Magnus Olsson, Careem has a fleet of 90,000-plus drivers and more than four million users registered through its mobile app but has yet to make a profit. Tue, 27 Sep 2016 11:23:13 -0400
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