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Buffett’s Berkshire outbid for Tech Data: CNBC

(Reuters) – Billionaire investor Warren Buffett was thwarted in trying to spend some of the $128.2 billion of cash at his Berkshire Hathaway Inc, after a private equity firm outbid him to buy technology equipment distributor Tech Data Corp for $5.14 billion, C... More »

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Australian watchdog wants a regulator for dominant Google, Facebook

SYDNEY (Reuters) – Australia’s competition watchdog on Monday recommended tougher scrutiny and a new regulatory body to check the dominance of tech giants Facebook Inc and Alphabet Inc’s Google in the country’s online advertising and news markets. The recommen... More »

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Australian regulator says probe of tech giants spurs five…

SYDNEY (Reuters) – Australia’s competition regulator says it has five investigations afoot as a result of its examination of the market power and public influence of tech giants such as Facebook Inc and Alphabet Inc’s Google. “We have five investigations under... More »

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Brevan Howard, Stone Milliner founders back data firm Qi

LONDON (Reuters) – Two of Europe’s leading macro hedge fund investors are backing a machine learning data analytics firm that aims to give traders an edge in picking winning bets across stocks and indexes. Alan Howard, founder of Brevan Howard, and Jens-Peter ... More »

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Foes of market data fee hikes encouraged by SEC scrutiny

NEW YORK (Reuters) – A recent move by U.S. securities regulators demanding stock exchanges do a better job justifying price changes for public market data feeds could lead to more transparency around data costs, the head of one of the world’s largest trading f... More »

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Big pharma, big data: why drugmakers want your health records

FILE PHOTO: A surgery nurse is seen beside the heart beat monitor in the operating theatre of the Unfallkrankenhaus Berlin (UKB) hospital in Berlin, Germany February 29, 2008. REUTERS/Fabrizio Bensch /File Photo LONDON (Reuters) – Drugmakers are racing to scoo... More »

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Lyft probes allegations of employees misusing customer data

FILE PHOTO: An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. REUTERS/Chris Helgren/File Photo (Reuters) – Lyft is investigating allegations that its employees misused customer information, the U.S. rid... More »

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Some Chinese Apple users warned by firm on dodging new data law

FILE PHOTO: A woman looks at the screen of her mobile phone in front of an Apple logo outside its store in Shanghai, China July 30, 2017. REUTERS/Aly Song/File Photo BEIJING (Reuters) – Some Chinese users of Apple Inc’s (AAPL.O) products who have created Apple... More »

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EU sees data transfer deal with Japan early next year

BRUSSELS (Reuters) – The European Union aims to conclude a deal allowing businesses to seamlessly transfer personal data between the bloc and Japan by early next year, building on the recent agreement on a free trade pact. Cross-border data flows are key to mo... More »

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EU seeks to expedite police requests for data from tech firms

FILE PHOTO: European Union Justice Commissioner Vera Jourova holds news conference at the EC headquarters in Brussels, Belgium January 10, 2017. REUTERS/Yves Herman The European Union wants to make it easier for law enforcement authorities to get electronic ev... More »

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Intel bets on selling Mobileye data, with maps a first test

FILE PHOTO: The logo of Intel, the world’s largest chipmaker, is seen at their offices in Jerusalem, April 20, 2016. REUTERS/Ronen Zvulun/File Photo To understand Intel’s $15.3 billion proposed acquisition of Israel’s Mobileye, imagine the data created and com... More »

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Verizon reintroduces unlimited data plan as competition rises

The Verizon logo is seen on one of their retail stores in San Diego, California, U.S. April 21, 2016. REUTERS/Mike Blake/File Photo Verizon Communications Inc will introduce an unlimited data plan on Monday, its first in more than five years, in its latest eff... More »

Six tips to avoid the Pokemon Go data apocalypse

NEW YORK It only took two days of the Pokemon Go craze to make Shama Diegnan start fearing for her wallet. The 11-year-old son of Diegnan, a digital marketer from South Orange, New Jersey, had on Monday downloaded the popular app, an augmented reality game in ... More »

GDP data to show economy racing, realities less rosy

NEW DELHI India will release data on Monday showing it remains one of the fastest growing economies in the world, but economists are struggling to reconcile that rosy picture with ground realities like weak exports, investment, and flat corporate order books. ... More »

Number of $5 billion-plus takeover deals hits record

LONDON A bumper North American railroad bid and three other big tie-ups announced this week have taken the number of takeover deals worth $5 billion or more to a record 128 this year, according to Thomson Reuters data. Pacific Railway’s bid for rival Norfolk S... More »