Technology Report: Hacking group wants to play nice with automakers

	Click to View in Browser 08/8/2014 Hacking group wants to play nice with automakers LAS VEGAS (Reuters) - A group of well-known hackers and security professionals are trying to build better ties with the auto industry in an effort to enlist their help in improving vehicle security, one of the hottest areas of cyber research. Google settles U.S. shareholder lawsuit over online drug ads SAN FRANCISCO (Reuters) - Google Inc has agreed to create a $250 million internal program to disrupt rogue online pharmacies as part of a deal to end shareholder litigation over accusations the search company improperly allowed ads from non-U.S. drug sellers. Judge rejects $324.5 million settlement over Apple, Google hiring SAN FRANCISCO (Reuters) - A U.S. judge on Friday rejected a $324.5 million settlement of a class action lawsuit filed by tech workers who accused four Silicon Valley giants including Apple and Google of conspiring to avoid poaching each other's workers. After Verizon, U.S. FCC quizzing other carriers on data management WASHINGTON (Reuters) - The head of the U.S. communications regulator on Friday said he is asking all large U.S. wireless carriers to explain how they decide when to slow down download speeds for some customers, after questioning Verizon Wireless about such a plan. China refutes claim of government ban on Apple purchases BEIJING (Reuters) - Apple Inc products such as laptops and tablets are not banned from Chinese government procurement lists, according to the country's chief procurement center, refuting a report claiming Apple was blacklisted on national security concerns. Russia demands Internet users show ID to access public Wifi MOSCOW (Reuters) - Russia further tightened its control of the Internet on Friday, requiring people using public Wifi hotspots provide identification, a policy that prompted anger from bloggers and confusion among telecom operators on how it would work. China detains man for spreading panic on WeChat: state media BEIJING (Reuters) - Chinese authorities have detained someone for the first time for spreading panic on mobile messaging app WeChat, state media said on Friday, hours after China imposed new rules on instant messaging tools. LG Electronics seeks fresh smartphone start in China with G3 launch SEOUL (Reuters) - LG Electronics Inc will on Monday begin selling its latest flagship smartphone in China, a market where it has struggled to make a dent and that has become increasingly tough for makers of high-end handsets other than Apple Inc. Exclusive: Tango secondary financing values company at around $1.5 billion SAN FRANCISCO (Reuters) - Tango, the mobile messaging company, is arranging a financing transaction that would value its business at around $1.5 billion, roughly one-third more than the valuation it received just five months ago, according to three people familiar with the situation. Yahoo to join Google to create spy-free email systems: WSJ (Reuters) - Yahoo Inc said it will join Google Inc to create a secure email system by next year that could make it nearly impossible for hackers or government officials to read users' messages, The Wall Street Journal reported. Related Video Attachable technology transforms wheelchairs, helping users stay healthy Google pulls game simulating Gaza attacks Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend