Reuters - Technology Report

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Wednesday, January 10, 2018

Microsoft says security patches slowing down PCs, servers

(Reuters) - Microsoft Corp said on Tuesday that software patches released to guard against microchip security threats slowed down some personal computers and servers, with systems running on older Intel Corp processors seeing a noticeable decrease in performance.

Road to bitcoin ETF paved with red tape

NEW YORK (Reuters) - The going is getting tough for U.S. companies hoping to win the race to bring a bitcoin exchange-traded fund to market.

Democrats vow to force vote on net neutrality

WASHINGTON (Reuters) - U.S. Senate Democrats said on Tuesday they will force a vote later this year on the U.S. Federal Communications Commission's reversal of landmark Obama administration net neutrality rules and will try to make it a key issue in the 2018 congressional elections.

Britain fines Carphone Warehouse 400,000 pounds over data breach

LONDON (Reuters) - Britain's information regulator said on Wednesday it had fined Carphone Warehouse 400,000 pounds ($539,400) after a 2015 cyber attack exposed the personal data of more than 3 million customers.

Uber reaches $3 million settlement with New York drivers over fees

(Reuters) - Uber Technologies Inc [UBER.UL] agreed to pay up to $3 million to settle a proposed class-action lawsuit brought on behalf of 2,421 drivers in New York who accused the ride-sharing company of docking excessive fees from their fares.

Jimmy Iovine says not leaving Apple: Variety

(Reuters) - Music mogul Jimmy Iovine is committed to staying at Apple Inc's music streaming service, according to a report by Variety on Tuesday.

Lenovo to make $400 million one-off charge on U.S. tax reforms

HONG KONG (Reuters) - Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

Eastman Kodak unveils cryptocurrency, stock doubles

SAN FRANCISCO (Reuters) - Shares of Eastman Kodak Co more than doubled on Tuesday after the one-time leader in photography became the latest company to jump on the cryptocurrency bandwagon.

Canada's competition watchdog settles with HarperCollins

TORONTO (Reuters) - Publisher HarperCollins has agreed to donate C$150,000 ($120,000) in books as part of a settlement with a Canadian law enforcement agency over accusations it colluded with rival publishers and Apple Inc to set prices, the agency said on Tuesday.

Drahi hits Altice reset button to court wary investors

PARIS/NEW YORK (Reuters) - Altice founder Patrick Drahi is reshaping his telecoms and cable group for the second time in as many months by splitting its U.S. and European operations, hoping to end a drastic downward share-price spiral.