Reuters Technology Report: January 23, 2017

Click to View in Browser Monday, January 23, 2017 As attacks grow, EU mulls banking stress tests for cyber risks BRUSSELS (Reuters) - The European Union is considering testing banks' defenses against cyber attacks, EU officials and sources said, as concerns grow about the industry's vulnerability to hacking. Samsung says batteries caused Note 7 fires, may delay new phone launch SEOUL (Reuters) - Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Xiaomi executive Barra, who drove smartphone maker's global push, steps down BEIJING (Reuters) - Hugo Barra, the most prominent global executive at China's Xiaomi Inc [XTC.UL], has left the smartphone maker citing health concerns and a new job, dealing a fresh setback to a firm that is struggling to recover ground ceded to rivals. JP Morgan sees U.S. telecom sector consolidation, T-Mobile deal (Reuters) - U.S. telecom sector could be on the brink of a major consolidation under President Donald Trump's likely more merger-friendly administration, said JP Morgan Securities, which now sees a 90 percent chance of T-Mobile US being involved in a strategic transaction in the next five years. Lloyds a victim of cyber attack that hit banking services LONDON (Reuters) - Lloyds Banking Group is working with law enforcement agencies to trace who may be behind a cyber attack that caused intermittent outages for customers of its personal banking websites almost two weeks ago, according to a source familiar with the incident. China approves first list of green car models for subsidies this year BEIJING (Reuters) - China released on Monday this year's first list of "recommended" green energy vehicles, paving the way for 185 car models to receive government subsidies. South Korea prosecutors to investigate other conglomerates after Samsung probe SEOUL (Reuters) - South Korea's special prosecutor's office said on Monday it plans to investigate other conglomerates after completing its probe of Samsung Group, whose leader has been named a suspect in a graft scandal involving President Park Geun-hye. China cracks down on unauthorized internet connections HONG KONG (Reuters) - China is reinforcing its censorship of the internet with a campaign to crack down on unauthorized connections, including virtual private network (VPN) services, that allow users to bypass restrictions known as the Great Firewall. Fingerprint Cards board member detained for alleged market abuse STOCKHOLM (Reuters) - Sweden's Fingerprint Cards said on Monday its board member Lars Soderfjell had been taken into custody for alleged market abuse in conjunction with a profit warning by the biometric technology firm in December. SEC probing Yahoo over previously disclosed cyber breach: filing (Reuters) - The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Related Video Samsung blames batteries for exploding smartphones Animal tech firm combines fashion with health 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 2017 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