WELLINGTON (Reuters) - The founder of the outlawed Megaupload file-sharing site denounced on Thursday "the largest data massacre in the history of the internet", after a European firm wiped out private photos, videos and documents stored on servers used by the site. Dutch firm LeaseWeb said it had in February erased 630 servers rented by Megaupload, about a year after U.S. authorities closed the site and charged its operators with facilitating online piracy, racketeering and money laundering. ...
By Andrea Shalal-Esa PARIS (Reuters) - Increased cyber espionage by China and recent leaks by a contractor working at the National Security Agency have put a sharp focus on cyber security for aerospace and defense companies showing off their wares at this year's Paris Airshow. "We, like others, are constantly being bombarded by people who are trying to get into our systems," said Mark DeYoung, chief executive of U.S. rocket engine and ammunition maker Alliant Techsystems (ATK). ...
By Stephanie Simon (Reuters) - The International Monetary Fund will make its training sessions on financial policy and debt sustainability available online this year to government officials worldwide, allowing it to reach a bigger audience at lower cost, it said on Wednesday. IMF financial workshops are meant to help governments address economic dilemmas and are currently held in eight training centers worldwide, meaning officials must travel and remain onsite for weeks, said Sharmini Coorey, director of the IMF's Institute for Capacity Development. ...
(Reuters) - Netflix Inc will launch its TV and movie streaming service in The Netherlands later this year, expanding its reach further into Europe, the company said on Tuesday. Netflix boasts 29.2 million streaming subscribers in the United States and 7.1 million in international markets, delivering movies and television shows to Canada, Great Britain, Ireland, Scandinavia and parts of Latin America and the Caribbean. The company generates profits in the United States and Canada, but has lost money as it expanded into foreign markets. Netflix projects a profit of up to $149 million from its U. ...
By Jim Finkle BOSTON (Reuters) - Microsoft Corp said that an assault it led earlier this month on one of the world's biggest cyber crime rings has freed at least 2 million PCs infected with a virus believed to have been used to steal more than $500 million from bank accounts worldwide. "We definitely have liberated at least 2 million PCs globally. That is a conservative estimate," Richard Domingues Boscovich, assistant general counsel with Microsoft's Digital Crimes Unit, said in an interview on Tuesday. ...
By Alistair Barr SAN FRANCISCO (Reuters) - The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO proceeds in just over three years before shutting its doors in 2001. Twelve years later, though, Webvan is rising from the dead - in the form of an online grocery business called AmazonFresh. Four key Amazon. ...
By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world's No. 1 social network. Facebook executives are hoping to net even more small advertisers since 16 million local businesses, ranging from jewelry sellers to clothing stores, set up free pages on the network. ...
By Atul Prakash LONDON (Reuters) - Record prices at art auctions in recent weeks and oversubscribed holidays by private jet are among signals that a stock market slump is approaching, if followers of behavioral finance are to be believed. They insist social mood governs human action, including investment on stock markets, and their theories are gaining ground as tools for financial analysis. ...
(Reuters) - Yahoo Inc said U.S. law enforcement agencies made between 12,000 and 13,000 requests for data in the last six months, the latest in a series of disclosures by technology companies since intelligence leaks showed the extent of government data gathering efforts. The company said the requests were made between December 1, 2012 and May 31 this year. "The most common of these requests concerned fraud, homicides, kidnappings, and other criminal investigations," Yahoo said in a statement posted on its Tumblr page. (http://yahoo.tumblr.com/) Others were made under the U.S. ...
By Richard Valdmanis BOSTON (Reuters) - Nearly 250 people have applied to receive money from a $51 million charity fund set up for victims of the Boston Marathon bombing, the fund's deputy administrator said on Monday. Twin explosions at the finish line of the world-renowned race on April 15 killed three people and injured 264 others, many of whom lost legs in the blasts. "We now have 247 applications, and I expect a few more to come in over the next couple of days," said Camille Biros. Applications had to be post-marked June 15 or earlier to be considered. ...
(Reuters) - Apple received over the last six months between 4,000 and 5,000 requests for customer data from U.S. law enforcement authorities relating to criminal investigations and national security matters, the company said on Monday. Microsoft and Facebook Inc published similar data last week after reaching a deal about disclosures with U.S. national security authorities. "We have asked the U.S. government for permission to report how many requests we receive related to national security and how we handle them. We have been authorized to share some of that data," Apple said. ...
By Joseph Menn and Gerry Shih SAN FRANCISCO (Reuters) - Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout from disclosures about a secret government data-collection program. Facebook on Friday became the first to release aggregate numbers of requests, saying in a blog post that it received between 9,000 and 10,000 U.S. requests for user data in the second half of 2012, covering 18,000 to 19,000 of its users' accounts. ...
SAN FRANCISCO (Reuters) - Facebook Inc received between 9,000 and 10,000 requests for user data from various U.S. government entities in 2012's second half, involving 18,000 to 19,000 of its users' accounts, the world's largest social network said in a Friday blogpost. The company said it released the information after reaching a deal about disclosures with U.S. national security authorities. (Reporting by San Francisco newsroom; Editing by Doina Chiacu)
By Barbara Liston SANFORD, Florida (Reuters) - A judge's decision to sequester jurors for the murder trial of a Florida neighborhood watchman who fatally shot an unarmed black teenager in 2012 will slow an already painstaking selection process to find impartial minds amid saturation media coverage. Jury selection in the racially charged case of teenager Trayvon Martin is headed into a second week as prosecutors and defense lawyers on Friday worked to cope with the judge's sequester order and another decision to expand the pool of potential jurors. ...
WASHINGTON (Reuters) - A CBS News investigative reporter's computer was remotely accessed by an unauthorized party several times late last year, the news organization said on Friday, citing an analysis by an outside cyber security firm. The review found that Washington-based reporter Sharyl Attkisson's computer "was accessed by an unauthorized, external, unknown party on multiple occasions late in 2012," CBS News spokeswoman Sonya McNair said in a statement. ...
By Renee Maltezou ATHENS (Reuters) - Plastered on a studio inside the headquarters of shuttered Greek state broadcaster ERT, a sign proclaims: "The revolution will not be televised." For roughly 600 ERT journalists who found themselves out of a job when the government abruptly switched off the signal on Tuesday, the move was nothing short of a coup. Some defied management orders to leave the building and are broadcasting a bootleg news channel over the Internet in a sit-in atmosphere with conscious parallels to the protests in Istanbul's Taksim Square in neighboring Turkey. ...
By Gerry Shih SAN FRANCISCO (Reuters) - Tens of thousands of Gmail accounts belonging to Iranian users have been targeted in an extensive hacking campaign in the weeks leading up to the country's closely watched presidential elections on Friday, Google Inc said on Wednesday. The U.S. Internet company, which described the attacks as broad "email-based phishing" attempts seeking to trick unsuspecting Gmail users into giving up their user names and passwords, said they originated in Iran and appeared to be "politically motivated in connection with the Iranian presidential election on Friday. ...
By Tom Bergin LONDON (Reuters) - British lawmakers described Google's tax affairs as "contrived" in a report released on Thursday and called on the UK tax authority to vigorously investigate whether the company was acting within the law. The parliamentary investigation was prompted by a Reuters report, which showed the company employed staff in sales roles in London, even though it had told lawmakers in November its British staff were not selling to UK clients - an activity that could boost its tax bill substantially. ...