Daily News: Reuters Technology News Headlines - Exclusive - Hacker took over BBC server, tried to 'sell' access on Christmas Day

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Sunday, Dec 29, 2013 04:44 PM PST
Today's Reuters Technology News Headlines - Yahoo! News: Exclusive - Hacker took over BBC server, tried to 'sell' access on Christmas Day Japan mid-tier camera makers face shakeout as smartphones shatter mirrorless hopes Spain arrests eight over global bank cyber heists Analysis: After Web stocks boom, investors wary but rout unlikely

Exclusive - Hacker took over BBC server, tried to 'sell' access on Christmas Day  Sunday, Dec 29, 2013 04:44 PM PST By Jim Finkle BOSTON (Reuters) - A hacker secretly took over a computer server at the BBC, Britain's public broadcaster, and then launched a Christmas Day campaign to convince other cyber criminals to pay him for access to the system. "HASH" sought to convince high-profile hackers that he had infiltrated the site by showing them files that could only be accessed by somebody who really controlled it, Holden said. Full Story	Top
Japan mid-tier camera makers face shakeout as smartphones shatter mirrorless hopes  Sunday, Dec 29, 2013 01:20 PM PST By Sophie Knight and Reiji Murai TOKYO (Reuters) - Panasonic Corp and Japan's other mid-tier camera makers have a battle on their hands to win over a smartphone "selfie" generation to mirrorless cameras that held such promise when they were launched around five years ago. Panasonic, like peers Fujifilm Holdings and Olympus Corp, has been losing money on its cameras since mobile phones that take high-quality photos ate into the compact camera business. Full Story	Top
Spain arrests eight over global bank cyber heists  Sunday, Dec 29, 2013 09:44 AM PST Spanish police on Sunday said they had arrested eight people suspected of helping to steal more than $60 million from banks worldwide by hacking into credit card processing firms and withdrawing money from cash machines. The arrests are one of the biggest breakthroughs yet outside the United States in connection with a series of global bank heists, coordinated across numerous countries by cells which withdrew millions of dollars in a matter of hours. Spanish police said in a statement they had detained six Romanian citizens and two Moroccans on the outskirts of Madrid, and seized 25,000 euros ($34,400) in cash as well as around 1,000 blank credit cards, IT material and jewels after several building searches. The Spanish police statement said they had acted with the help of an unnamed U.S. security agency. Full Story	Top
Analysis: After Web stocks boom, investors wary but rout unlikely  Sunday, Dec 29, 2013 06:02 AM PST By Alexei Oreskovic and Rodrigo Campos SAN FRANCISCO/NEW YORK (Reuters) - For investors in internet stocks, it was a banner year: shares of many companies doubled as revenue climbed and on forecasts for rip-roaring growth in earnings. While there is the potential for a decline in some Web company stock prices that are out of line with their earnings outlook, they say there is little chance of a bloody retreat. Most importantly, this year's stars, such as Facebook and Netflix, actually make money. Web-based advertising has grown into a mature, viable business, and computing speeds support video and sophisticated gaming. Full Story	Top

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