Reuters Technology Report: Former Equifax chief will face questions from U.S. Congress over hack

Click to View in Browser Tuesday, October 3, 2017 Former Equifax chief will face questions from U.S. Congress over hack WASHINGTON (Reuters) - U.S. lawmakers are due to question the former head of Equifax Inc at a Tuesday hearing that could shed light on how hackers accessed the personal data of more than 140 million consumers. Toshiba buying back 10 percent stake in Westinghouse unit for $522 million TOKYO (Reuters) - Japan's Toshiba Corp said on Thursday it is buying back a 10 percent stake in Westinghouse Electric Co from minority shareholder Kazatomprom for 59 billion yen ($522 million), taking full ownership of the bankrupt U.S. unit. Ireland refers key EU-U.S. data transfer mechanism to Europe's top court DUBLIN (Reuters) - Ireland's High Court on Tuesday said it would ask the EU's top court to decide whether to ban the legal instrument used by Internet giants like Facebook to transfer users' data to the United States in a case with major ramifications for the industry. Uber board set for contentious meeting over ex-CEO's power SAN FRANCISCO (Reuters) - The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder's influence, strip early investors of supervoting power and secure a multibillion-dollar investment, sources said. Bank-backed R3 launches new version of its blockchain NEW YORK (Reuters) - R3 CEV, a New York-based company that runs a consortium of banks, has released a new version of its blockchain platform that it hopes will make it easier for financial firms to use the nascent technology. Uber boss to meet London transport chief in bid to keep license LONDON (Reuters) - Uber's new global boss Dara Khosrowshahi will meet London's transport regulator on Tuesday as the taxi hailing app fights to keep its license in one of its most important foreign markets. Monarch Alternative Capital sees 30 percent upside for Toshiba shares TEL AVIV (Reuters) - Monarch Alternative Capital recommended buying Japan's Toshiba Corp , saying the company's shares have at least a 30 percent upside. Facebook says 10 million U.S. users saw Russia-linked ads NEW YORK (Reuters) - Some 10 million people in the United States saw politically divisive ads on Facebook that the company said were purchased in Russia in the months before and after last year's U.S. presidential election, Facebook said on Monday. Equifax failed to patch security vulnerability in March: former CEO WASHINGTON (Reuters) - Equifax Inc was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO said in testimony to be delivered to Congress on Tuesday. Tesla deliveries rise in third quarter, but Model 3 faces 'bottlenecks' (Reuters) - Luxury electric vehicle maker Tesla Inc said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said "production bottlenecks" had left the company behind its planned ramp-up for the new Model 3 mass-market sedan. Related Video Nobel medicine winners 'surprised' and 'stunned' Japan's CEATEC offers vision of connected, robotic future 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