Reuters Technology Report: August 26, 2016

Click to View in Browser Friday, August 26, 2016 Economists see ride-hailing industry as ripe for competition SAN FRANCISCO (Reuters) - Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game. Belgians are hunting books, instead of Pokemon BRUSSELS (Reuters) - Inspired by the success of Pokemon Go, a Belgian primary school headmaster has developed an online game for people to search for books instead of cartoon monsters, attracting tens of thousands of players in weeks. Apple fixes security flaw after UAE dissident's iPhone targeted SAN FRANCISCO (Reuters) - Apple Inc issued a patch on Thursday to fix a dangerous security flaw in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident's phone had been targeted with a previously unknown method of hacking. Russian lawmaker's son convicted in U.S. for hacking scheme (Reuters) - The son of a Russian lawmaker was convicted on Thursday on U.S. charges that he engaged in a scheme to hack into U.S. businesses in order to steal and sell credit card numbers, costing financial institutions more than $169 million. UK regulator to monitor WhatsApp's data sharing with Facebook (Reuters) - Britain's data privacy regulator said on Friday it would monitor how popular messaging service WhatsApp shares data with parent Facebook Inc under a new privacy policy. St. Jude says report by short sellers 'false and misleading' (Reuters) - Medical device manufacturer St. Jude Medical Inc said on Friday that a report by short-selling firm Muddy Waters and a cyber-security researcher alleging its heart devices were riddled with bugs was "false and misleading." Net1 to invest up to $40 million in India's MobiKwik over 2 years MUMBAI (Reuters) - Payment services provider Net1 UEPS Technologies Inc will invest up to $40 million in Indian mobile wallet services provider MobiKwik over the next 24 months, the companies said in a joint statement on Friday. Australia warns shipbuilder DCNS after massive security leak SYDNEY (Reuters) - Australian defense officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines, in the wake of a massive data leak, a government spokesman said on Friday. Chinese man arrested in Hong Kong over FACC cyber attack in Austria VIENNA (Reuters) - A Chinese citizen has been arrested in Hong Kong in connection with a cyber attack that cost Austrian aerospace parts maker FACC 42 million euros ($47.39 million), Austrian police said on Friday. France's Faurecia recasts interiors for self-driving cars HOLLAND, Mich. (Reuters) - With self-driving cars expected on the road within three to five years, French supplier Faurecia SA is focusing on the cabin of future autonomous cars. Related Video World's first cattle rearing robot developed in Australia Hundreds of Pokemon Go fans hit the streets of Taipei Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook