newszine

France considers bill amendment to target Huawei: Les Echos

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FILE PHOTO: The Huawei logo is seen at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/File Photo/File Photo PARIS (Reuters) – France is considering introducing a bill amendment to empower its security and defence watchdogs to make retroactive checks to telecoms operators’ equipment once installed, targeting China’s Huawei, Les Echos newspaper Read More

Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.

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HOUSTON, Jan. 18, 2019 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that it completed the sale of its equity interest in VTTI B.V. (“VTTI”) to Vitol Investment Partnership II Ltd and IFM Investors for cash proceeds of $975 million.  The proceeds from the sale will be used to pay down debt. Read More

Facebook tackles Russians making fake news stories

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Facebook has removed 500 pages and accounts allegedly involved in peddling fake news in Central Europe, Ukraine and other Eastern European nations. The action ends efforts by two separate groups to “manipulate people”, said Facebook in a blog. The accounts had more than 900,000 followers and between them spent more than $160,000 (£124,000) on adverts. Read More

Facebook removes pages linked to Russian news agency

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Facebook has removed 364 pages and accounts linked to employees of Russian news agency Sputnik from its platform. The social network’s head of cyber security policy, Nathaniel Gleicher, said in a blog post it had uncovered two separate operations which originated in Russia, with one active in multiple countries in eastern Europe and the other Read More

Germany considers barring Huawei from 5G networks

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BERLIN (Reuters) – The German government is debating whether to follow the United States and allies like Australia in restricting China’s Huawei Technologies from accessing its next-generation mobile networks on national-security grounds. FILE PHOTO: Visitors walk past Huawei’s booth during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard Some Western countries have Read More

Over 770 million email addresses shared online in largest data breach in history

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A security researcher has blown the lid off the largest data breach in history as over 770 million emails and 21 million unique passwords have been exposed, eclipsing the Equifax and Yahoo hacks by a significant margin. The breach is being dubbed ‘Collection #1’ and contains a raw data set of email addresses and passwords Read More

U.S. charges hackers, traders with stealing SEC filings

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(Reuters) – U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database. FILE PHOTO: Jay Clayton, Chairman of the Securities and Exchange Commission, listens during an interview with CNBC at the Sandler O’Neill + Read More

China sentences Canadian man to death amid Huawei row

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A Canadian man has been sentenced to death in China in a case set to escalate tensions between the two countries after the arrest of a Huawei executive in Vancouver. Robert Lloyd Schellenberg was convicted of being an accessory to drug smuggling after his plea of innocence was rejected at a sudden retrial in the Read More

China says countries should end 'fabrications' about Huawei

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BEIJING (Reuters) – China on Monday urged countries to end “fabrications” about Huawei, after an official in Poland said his country could limit the use of the company’s products by public entities following the arrest of a Huawei employee there on spying allegations. FILE PHOTO: Attendees pass by a Huawei booth during the 2019 CES Read More

Fintech firms want to shake up banking, and that worries the Fed

1 week ago DieselGasoil Comments Off on Fintech firms want to shake up banking, and that worries the Fed
WASHINGTON (Reuters) – The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc (ONDK.N) or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold. FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks Read More