Reuters Technology Report: August 1, 2017

Click to View in Browser Tuesday, August 1, 2017 Ukraine finally battens down its leaky cyber hatches after attacks KIEV (Reuters) - When the chief of Microsoft Ukraine switched jobs to work for President Petro Poroshenko, he found that everyone in the office used the same login password. It wasn't the only symptom of lax IT security in a country suffering crippling cyber attacks. Seed funding slows in Silicon Valley SAN FRANCISCO, August 1 (Reuters) - The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies. Vantiv granted extension to make firm bid for Worldpay LONDON (Reuters) - British payments firms Worldpay said on Tuesday that its U.S. suitor Vantiv has been granted a week-long extension to Aug. 8 to make a firm takeover bid or walk away for six months. S&P 500 to exclude Snap after voting rights debate NEW YORK (Reuters) - The S&P 500 will start excluding companies that issue multiple classes of shares, managers of the index said on Monday, a move that effectively bars Snap Inc after its decision to offer stock with no voting rights. Charter surges as Japan's SoftBank considers bid (Reuters) - Charter Communications Inc's shares surged to a record high on Monday after a source said Japan's SoftBank Group Corp was considering an acquisition offer, even as Charter shot down the possibility of it being the acquirer in any merger with SoftBank's U.S. wireless carrier, Sprint Corp. Sony sets record with three-fold jump in first quarter operating profit TOKYO (Reuters) - Japan's Sony Corp on Tuesday reported its highest-ever first-quarter operating profit, taking the electronics giant one step toward its highest annual profit in two decades on the back of robust sales of image sensors. Didi Chuxing announces tie-up with Uber's European rival Taxify HONG KONG (Reuters) - Chinese ride-sharing firm Didi Chuxing said on Tuesday it would invest and collaborate with European ride-sharing firm, Taxify, in a strategic partnership. Baidu competitor says to focus on AI as it plans U.S. IPO HONG KONG (Reuters) - China's second-largest mobile search engine Sogou, controlled by Sohu.com [SOHU.O] and 45 percent owned by Tencent Holdings [0700.HK], said it will focus on artificial intelligence (AI) as it aims to build a next-generation search engine. Bitcoin technology faces split, may create clone virtual currency NEW YORK (Reuters) - Bitcoin's underlying software code could be split on Tuesday to create a clone called "Bitcoin Cash," potentially providing a windfall for holders of the digital currency. HBO says data hacked, media says 'Game of Thrones' targeted NEW YORK (Reuters) - U.S. cable channel HBO said on Monday that hackers had stolen upcoming programming, and Entertainment Weekly reported that the theft included a script for an unaired episode of the hit fantasy show "Game of Thrones." Related Video Scientists image 3D DNA structure in living human cell 3D brain surgery simulator gets Hollywood treatment 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