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Uber paid hackers $100,000, concealed data stolen from 57 million accounts

(Reuters) – Uber Technologies Inc paid hackers $ 100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the incident resulted in the firing of two employees who led Uber’s response to the hack, said Dara Khosrowshahi, ...

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Stocks rally on boost from strong global growth, earnings

SYDNEY (Reuters) – Asian shares scaled a fresh decade peak on Wednesday thanks to surging markets in Europe and America, as strong global growth and rising corporate profits lured hordes of investors into equities. An investor is reflected in a window displaying a board showing stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, July 17, 2017. REUTERS/Steven ...

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Stocks rally on boost from strong global growth, earnings

© Reuters. An investor is reflected in a window displaying a board showing stock prices at the Australian Securities Exchange in Sydney By Swati Pandey SYDNEY (Reuters) – Asian shares scaled a fresh decade peak on Wednesday thanks to surging markets in Europe and America, as strong global growth and rising corporate profits lured … Stock Market News

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Uber CEO says company failed to disclose massive breach in 2016

(Reuters) – Uber Technologies Inc [UBER.UL] failed to disclose a massive breach last year that exposed the data of some 57 million users of the ride-sharing service, the company’s new chief executive officer said on Tuesday. FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei, Taiwan ...

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Venezuela bondholders look to form alliances under restructuring limbo

© Reuters. Pedestrians walk next to a gas station of Venezuelan state-owned oil company PDVSA in Caracas By Brian Ellsworth, Tracy Rucinski and Sujata Rao (Reuters) – Holders of Venezuelan bonds are meeting with each other and considering forming committees, advisers and fund managers told Reuters, as questions mount about the feasibility of President Nicolas Maduro’s proposal to res… Stock ...

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Fed close to goals, sees dual risks as it hikes rates: Yellen

NEW YORK (Reuters) – The Federal Reserve is “reasonably close” to its goals and should keep gradually raising U.S. interest rates to avoid the dual pitfalls of letting inflation drift below target for too long, and of driving unemployment down too far, Fed Chair Janet Yellen said on Tuesday. FILE PHOTO: Federal Reserve Chairman Janet Yellen speaks during a news ...

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Report: Apple buys start-up to help build AR headset

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Trump says AT&T plan to buy Time Warner 'not a good deal'

(Reuters) – U.S. President Donald Trump on Tuesday stood by his criticism of pay TV and wireless company AT&T’s deal to buy movie and TV show maker Time Warner Inc, which the Justice Department has sued to stop. “I‘m not going to get involved in litigation, but personally I’ve always felt that that was a deal that’s not a good ...

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