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Special Report: Cyber thieves exploit banks' faith in SWIFT transfer network

LONDON/CHICAGO Shortly after 7 p.m. on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong.

Recent Technology News

Swedish authorities hold crisis talks after suspected telecoms sabotage

STOCKHOLM Sweden's civil emergency agency held a crisis meeting on Friday to discuss a number of cases of suspected sabotage involving telecommunications masts and a computer outage that grounded air traffic across much of the country.

5:57am EDT

Panasonic can speed up Tesla plant investment if needed

TOKYO Japan's Panasonic Corp is ready to bring forward its investment in a Tesla battery plant it is helping establish if this is required to meet demand for the electric car maker's upcoming Model 3 sedan.

10:09am EDT

Macedonian extradited to face U.S. charges on selling card data

NEW YORK A Macedonian citizen was extradited to the United States on Friday to face charges related to his operation of a website called Codeshop that authorities say was responsible for selling the data of thousands of credit cards from around the world.

U.S. 6:23pm EDT

Netflix, Amazon face EU quota on European works

(This May 19 story removes incorrect reference to Netflix being subject to French 60 percent quota in paragraph 13)

3:36am EDT

China approves plan to clean up online finance industry: sources

BEIJING China's government has approved a plan to clean up the country's online financial sector, according to people with direct knowledge of the matter, including rules to limit the activities of P2P lending firms, the source of recent fraud scandals.

9:18am EDT