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Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said. The French-born Karpeles, 30, is suspected of falsifying data on the outstanding balance of the exchange, at one point the world's largest hub for trading the digital currency, they added. When it filed for bankruptcy in February 2014, Mt. Gox said 750,000 customer bitcoins and another 100,000 belonging to the exchange were stolen due to a software security flaw.

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By Aman Shah MUMBAI (Reuters) – Facebook Inc plans to scale up its service to offer free basic Internet on mobile phones, an executive said, after introducing the application in 17 developing countries over the past year. In a blog post released to mark the first year of the initiative, Facebook said it will open a portal allowing any mobile operator to offer the service under its Internet.org platform. Facebook currently partners with specific operators to launch the service in different countries.

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German carmaker Daimler is planning to test self-driving trucks as early as this year, executive board member Wolfgang Bernhard told a German newspaper. “We are positive that we will get approval for tests on German motorways within the next weeks,” Frankfurter Allgemeine Sonntagszeitung quoted him as saying. First tests of semi-autonomous trucks will take place in Daimler's home state Baden-Wuerttemberg while the start of production is 2-3 years away, Bernhard, who is in charge of Daimler's trucks business, told the paper.

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By Joyce Lee and Sohee Kim SEOUL (Reuters) – Samsung Group's founding family on Friday scored a narrow win in a landmark proxy battle, fending off an activist investor opposed to an $8 billion deal that cements its grip as a new generation prepares to take the reins of South Korea's biggest conglomerate. At an often-heated shareholder meeting, investors in builder Samsung C&T Corp approved an all-share takeover offer from sister firm Cheil Industries Inc, Samsung's de facto holding company – but only just. U.S. hedge fund Elliott Associates, with a 7.1 percent Samsung C&T stake, had led the charge against the deal, saying it undervalued the target.

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It’s not unique to the federal government,” said Tony Scott, who spent 35 years in the private sector running systems at companies such as Microsoft Corp, Walt Disney Co and General Motors Co. Scott was named as the federal CIO in February and knew from the start that stepping up cyber defenses would be a focus. The hacks have created a political firestorm and led on Friday to the resignation of the chief of the Office of Personnel Management as Americans questioned the security of government-housed data. Scott began reviewing the status of cyber security at government agencies early in his tenure.

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By Foo Yun Chee BRUSSELS (Reuters) – [GETTY.UL] has become the latest company to take its grievances with Google to EU antitrust regulators as it accused the world's most popular Internet search engine of favoring its own images service at the expense of rivals. The complaint comes as the European Commission waits for Google to respond to charges of abusing its market power in a dozen EU countries since 2007 by distorting search results to favor its shopping service. The renowned photojournalism archive said its troubles with Google started in early 2013.

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By Lawrence Hurley WASHINGTON (Reuters) – Google Inc will have to defend claims that its Street View mapping software violates patents held by Vederi LLC after the U.S. Supreme Court on Monday declined to take up the company's appeal. The high court's decision not to hear the case leaves intact a March 2014 ruling by the U.S. Court of Appeals for the Federal Circuit, which threw out a district judge's finding that Google had not infringed on four different patents. Vederi sued Google in 2010.

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Alibaba Group Holding Ltd will launch an online video streaming service in China in about two months, hoping to emulate the U.S.'s Netflix Inc and HBO, the firm's head of digital entertainment said on Sunday. The service will be called 'TBO', or Tmall Box Office, with content bought from China and other countries, as well as in-house productions, Alibaba's Patrick Liu told reporters in Shanghai.

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By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Twitter Inc Chief Executive Officer Dick Costolo abruptly announced he was stepping down on Thursday amid increasing scrutiny of the company's slow user growth and inability to attract advertisers at the same rate as its competitors. Costolo will be replaced by co-founder Jack Dorsey on an interim basis. According to a source familiar with the matter, it was Costolo's decision to leave, and Costolo said he brought it up with the board last year as it began talking about succession planning.

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(Reuters) – The attorneys general of New York and Connecticut are investigating Apple Inc's negotiations with music companies to look for signs of potential antitrust violations. The attorneys general want to know whether music labels colluded or were pressured into favoring Apple's paid music subscription service, which was released on Monday. Apple launched Apple Music on Monday, a $9.99-a-month streaming music service that will likely alter the dynamics of how consumers listen to music as the music industry grapples with declines in downloaded songs and tries to figure out new ways to get people to pay for music.