Reuters editorial innovation director, London
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Jun 15, 2015

Kaspersky says Iran talks spyware masqueraded under Foxconn name

FRANKFURT/SAN FRANCISCO (Reuters) – Further research into the sophisticated computer virus used to hack into hotels where the Iran nuclear talks took place has found it took advantage of digital credentials stolen from the world’s top contract electronics maker Foxconn.

Russian security company Kaspersky Lab said on Monday that researchers learned the Duqu 2.0 virus had redirected computer traffic by using a legitimate digital certificate from Taiwan’s Hon Hai, also known as Foxconn.

Jun 15, 2015

Investor German Startups plans float as tech market heats up

FRANKFURT, June 15 (Reuters) – German Startups Group, a
Berlin-based investment company, plans a stock market flotation
to help fund investments in Internet firms over the next two
years, seeking to capitalise on rising investor interest in
German tech firms.

The company, one of Europe’s most active venture capital
investors last year, has taken holdings in 40 companies since it
was founded three years ago.

Jun 15, 2015

Investor German Startups plans float as German tech market heats up

FRANKFURT, June 15 (Reuters) – German Startups Group, a
Berlin-based investment company, plans a stock market flotation
to help fund investments in internet firms over the next two
years, seeking to capitalise on rising investor interest in
German tech firms.

The company, one of Europe’s most active venture capital
investors last year, has taken holdings in 40 companies since it
was founded three years ago.

Jun 10, 2015

Cyberattack targeted Iran nuclear talks venues: Kaspersky Lab

GENEVA/BERLIN (Reuters) – A computer virus was used to hack into venues linked to international talks on Iran’s nuclear program, Russian computer security company Kaspersky Lab said on Wednesday.

The Wall Street Journal said the virus was widely believed to be used by Israeli spies and Kaspersky had linked it to “three luxury European hotels” used in the negotiations involving Iran and six world powers.

Jun 9, 2015

German tech start-up scene buoyed by acquisitions and IPO promise

BERLIN, June 9 (Reuters) – A new generation of German tech
entrepreneurs is finding success by dreaming up global concepts,
breaking with an inward-looking approach of predecessors that
often built parochial German versions of Silicon Valley hits.

The more ambitious mindset of start-ups here is attracting a
rising tide of well-financed U.S. investors, measured by the
number of early-stage financing deals, sizeable acquisitions and
promised stock market flotations.

Jun 9, 2015

High-tech extortion attacks nearly doubled in first qtr, report says

BERLIN, June 9 (Reuters) – High-tech extortion schemes
nearly doubled in the first three months of 2015, while attacks
on Adobe Flash software used in streaming media and casual game
sites quadrupled, a global report said on Tuesday.

Intel Corp’s McAfee Labs Threats Report for May
found that ransomware surged 165 percent in the first quarter,
rebounding from a slight dip earlier in 2014 when police
agencies worldwide staged a coordinated crackdown to knock out a
major ransomware network.

Jun 8, 2015

Apple to offer Apple Pay in UK in July, backed by banks, retailers

BERLIN, June 8 (Reuters) – Apple Inc plans to
introduce its mobile payments service to the UK next month,
supported by major banks and high-street retailers and the
operator of the London Underground, the technology company said
on Monday.

Apple Pay will be available in 250,000 locations across the
UK when it launches in July, making it more widely available
than when it was first introduced in the United States in
October, the company said.

Jun 8, 2015

Delivery Hero raises another $110 mln ahead of possible IPO

FRANKFURT, June 8 (Reuters) – Germany’s Delivery Hero, which
is considering an initial public offering in the next year, said
on Monday it has raised new funding from U.S. investors and
existing backer Rocket Internet, that values the
company at 2.8 billion euros ($3.1 billion).

The online takeaway food delivery service said it has taken
101 million euros ($110 million) in a third financing round from
U.S. investors Insight Venture Partners and General Atlantic,
Germany’s Rocket and a number of U.S. public fund managers.

Jun 6, 2015

Logitech sets aside $3.25 mln to cover possible SEC penalty

FRANKFURT, June 6 (Reuters) – Swiss-American gadget maker
Logitech has set aside $3.25 million to cover a
potential civil penalty stemming from a previously disclosed
investigation by U.S. securities regulators, the company said in
a filing on Saturday.

In a report on its fiscal 2015 year ended in March, the
Lausanne-based company said it could not predict the final
amount of the penalty or when a settlement might be reached with
the U.S. Securities and Exchange Commission.

Jun 3, 2015

Frederic Court forms European, fashion-focused venture firm

LONDON, June 3 (Reuters) – Frederic Court, one of Europe’s
standout early-stage investors in recent years, has formed a
venture capital firm to invest in digital fashion brands and
enabling technologies.

The partnership has raised its first fund of $120 million,
as demand from institutional investors outstripped the firm’s
initial plans to raise $80 million, Court told Reuters.

    • About Eric

      "Eric Auchard is editiorial innovation director at Reuters News. He builds tools to help journalists at the world's largest news organization report, edit and present the news. In 2009, Eric was a technology investment columnist for Reuters. Previously, he was the chief technology correspondent from 2000 to 2008. His main focus was covering consumer Internet trends, global technology competition and emerging technologies. He has worked for Reuters covering technology news since 1993. He began covering politics for Reuters in in California in 1992, then moved to Washington. He moved to New York and switched to technology writing for Reuters late in 1993. ..."
      Joined Reuters:
      1993
      Languages:
      English
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