Today's Top Gadgets & Tech Story

Communication collapse: Inside Facebook's tussle with Brazil's central bank

SAO PAULO/BRASILIA (Reuters) - Allowing millions of Brazilian users of Facebook's WhatsApp to send money as easily as texts seemed a golden opportunity for the world's largest social media company. Read More


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Twitter shares stumble after high-profile, unprecedented hack

(Reuters) - Shares of Twitter Inc dropped more than 4% in pre-market trading on Thursday, a day after hackers gained access to the social media company's internal systems to hijack accounts of several politicians, billionaires, celebrities and companies. More »


YouTube not liable for user copyright breaches, EU court adviser says

BRUSSELS (Reuters) - Google's YouTube and other online platforms are not liable when users illegally upload copyrighted works onto their platforms, but rightholders can ask for injunctions against the companies, a European Union Court of Justice adviser said on Thursday. More »


Uber acquires public transportation software company in latest transit expansion

(Reuters) - Uber Technologies Inc on Thursday announced the acquisition of transit software provider Routematch, marking the ride-hailing company's latest move toward expanding its business with public transportation agencies. More »


UK ban on Huawei opens door for competitors, although consumer may pick up tab

(Reuters) - Britain's decision to ban China's Huawei Technologies from next-generation 5G telecom networks is the latest blow to the global leader in telecom equipment and could help lay the groundwork for broader changes in the industry. More »


Instagram rolls out shopping feature in U.S.

(Reuters) - Instagram said on Thursday it was launching a new feature that will allow users to browse and buy products from brands and creators without leaving the app. More »


India's Reliance seen emerging as bigger threat for U.S. firms like Amazon, Walmart

NEW DELHI/BENGALURU (Reuters) - A $20 billion fund raising spree may take India's Reliance closer to its dream of becoming a digital giant, further threatening the ambitious plans U.S. companies like Amazon, Walmart and Zoom have for India. More »


Top EU court ditches transatlantic data transfer deal

LUXEMBOURG (Reuters) - Europe's highest court ruled on Thursday that a transatlantic data transfer deal is invalid because of concerns about U.S. surveillance in a decision that could disrupt thousands of companies that rely on the agreement. More »


Twitter silences some top accounts after internal systems hacked

SAN FRANCISCO (Reuters) - Twitter said hackers accessed its internal systems to hijack some of the platform's top voices including U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian, former U.S. President Barack Obama and billionaire Elon Musk and used them to solicit digital currency. More »


Germany’s long, lonely campaign: Battling Wirecard’s short sellers

FRANKFURT (Reuters) - German authorities pressed on for four years investigating investors who bet against Wirecard AG's shares, even after a UK regulator concluded that their evidence against the short sellers was "not sufficient," according to documents and people familiar with the matter. More »


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