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KPN's America Movil board member sells part of KPN stake
News ImageBRUSSELS (Reuters) - The Chief Financial Officer of Mexico's America Movil has reduced his personal stake in Dutch telecoms group KPN , of which he is a supervisory board member, by more than a quarter, regulatory filings showed on Saturday. Carlos Garcia Moreno Elizondo, one of two America Movil members on KPN's supervisory board, sold about 28.5 percent of his stake in KPN in three transactions and now owns just under 200,000 shares, according to Dutch regulator AFM. ...
Sat, 01 Nov 2014 05:42:58 -0400
J.P. Morgan found hackers through breach of corporate event website: media
JP Morgan Chase & Co sign outside headquarters in New York(Reuters) - J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter. According to the reports, the bank discovered that the intruders had used some of the same offshore servers to hack both the bank and the website of the JPMorgan Corporate Challenge. ...
Fri, 31 Oct 2014 22:56:21 -0400
Samsung says Microsoft deal invites 'charges of collusion': filing
News ImageBy Dan Levine (Reuters) - Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business, according to a court filing. The filing late on Thursday stems from Microsoft Corp's lawsuit accusing Samsung Electronics Co Ltd of breaching a business collaboration agreement. The lawsuit, filed earlier this year in a New York federal court, says South Korean smartphone company Samsung still owes $6.9 million in interest on more than $1 billion in patent royalties it delayed paying. ...
Fri, 31 Oct 2014 13:03:54 -0400
Foreign access to China's card clearing market next August: report
HONG KONG (Reuters) - Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong's South China Morning Post newspaper reported on Saturday. The paper quoted a source from China's largest credit card supplier, Goldpac Group, saying People's Bank of China (PBOC) officials had informed them of the date in September. "When the central bank gives a date, they always follow through with that," the source, an unidentified department head, was quoted as saying. ... Fri, 31 Oct 2014 22:52:53 -0400
UBS cannot arbitrate vs Nasdaq over Facebook IPO: court
News ImageBy Jonathan Stempel NEW YORK (Reuters) - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering. The 2nd U.S. Circuit Court of Appeals in New York on Friday said UBS' agreement with Nasdaq to help make a market for Facebook shares did not entitle the Swiss bank to arbitration, in its effort to recoup more than $350 million of losses. ...
Fri, 31 Oct 2014 13:24:13 -0400
Pirate Bay co-founder sentenced to 42 months in jail in Denmark
News ImageCOPENHAGEN (Reuters) - A co-founder of the Swedish file-sharing website The Pirate Bay was sentenced on Friday to three and a half years in prison, in what the prosecutor called Denmark's biggest-ever hacking case. Gottfrid Warg, 30, also known under his hacker alias "Anakata", was found guilty of hacking into the mainframe of IT provider CSC in Denmark, accessing the Danish Civil Registration System and local police's criminal register in 2012. When sentencing, the Court of Frederiksberg in Copenhagen said the attack was systematic, intensive and took place over a long period of time. ...
Fri, 31 Oct 2014 12:26:40 -0400
Man who owns a smart TV says hes afraid of using it after reading its privacy policy
News ImageJust like with other electronic devices that used to be dumb, TVs have become increasingly smartlately, but that doesnt mean thats necessarily a good thing, especially when it comes to user privacy. At least thats what Brennan Centers Michael Price seems to think after he replaced his older TV that could offer access just to TV programs with a smart TV model that also delivers streaming multimedia content, games, apps, social media and Internet browsing. FROM EARLIER: Agree to share stuff with LG or itll make your Smart TV stupid The only problem is that Im now afraid to use it. You would be too if you read through the 46-page privacy policy, Price wrote. The amount of data
Fri, 31 Oct 2014 21:45:29 -0400
Space tourism rocket crash stirs mixed emotions
News ImageThe explosion of Virgin Galactic's passenger rocket ship is stirring up mixed emotions as scientists and others involved in the space industry wait for more details on what happened over the Mojave Desert on Friday.
Fri, 31 Oct 2014 21:29:26 -0400
Grumpy Cat's new movie shows she should have stayed a meme
News ImageGrumpy Cat, ne Tardar Sauce, was born in 2012, and because she happens to have feline dwarfism, she has a distinctly pissed off face. Now there's a Lifetime Christmas movie! With Aubrey Plaza voicing her (which isn't altogether inappropriate, but still). You're alright.) Can any of us honestly imagine life being anything other than grump-inducing for Grumpy Cat at this point?
Fri, 31 Oct 2014 21:29:06 -0400
Estonian man faces cyber scam charges in US
News ImageAn Estonian man accused of being part of a ring that swindled advertisers out of millions of dollars by "hijacking" online traffic was hauled before a US judge. Vladimir Tsastsin, 34, was extradited to a federal court in New York to face charges including computer intrusion, wire fraud and money laundering, according to US prosecutors. "Now that Vladimir Tsastsin has been delivered to the Southern District of New York, he can answer for his alleged role in a scheme in which he and others manipulated Internet advertising techniques and reaped at least $14 million in ill-gotten gains in the process," Manhattan US attorney Preet Bharara said in a statement, released Friday. Malicious code in infected machines could also be used to replace digital ads at legitimate websites with marketing messages that earned money for the fraudsters, according to prosecutors.
Fri, 31 Oct 2014 20:22:44 -0400
Chat with ghosts using an emoji ouija board
News ImageYou text your live friends with emoji, so why not give ghosts the same chance to use their favorite symbols to communicate? Help fund the Emouija Board to give spirits a chance to chat.&>
Fri, 31 Oct 2014 20:21:25 -0400
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