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| Hackers target Twitter, could affect 250,000 user accounts Friday, Feb 01, 2013 05:49 PM PST  SAN FRANCISCO (Reuters) - Anonymous hackers attacked Twitter this week and may have gained access to passwords and other information for as many as 250,000 user accounts, the microblog revealed late on Friday. Twitter said in a blog post that the passwords were encrypted and that it had already reset them as a "precautionary measure," and that it was in the process of notifying affected users. ... Full Story | Top |
| BofA website troubles causes by internal systems issue: source Friday, Feb 01, 2013 02:38 PM PST  (Reuters) - Some Bank of America Corp customers weren't able to access their online banking accounts on Friday because of an internal systems issue, a person familiar with the matter said. The second-largest U.S. bank by assets is working to address the problem, said the person, who wasn't authorized to speak on the record. The disruption was not caused by hacker attacks, the person said. Since last fall, U.S. bank websites have faced a blitz of "denial of service" attacks in which hacker activists disrupt operations by flooding them with information. ... Full Story | Top |
| Web startup Path to pay $800,000 to settle privacy charges Friday, Feb 01, 2013 02:33 PM PST SAN FRANCISCO (Reuters) - Social networking start-up Path will pay $800,000 to settle charges with federal regulators that it improperly collected personal information on children. The company also agreed to submit to 20 years of independent privacy reviews to settle charges that it secretly collected information from its users mobile phone address books. The settlement, announced by the Federal Trade Commission on Friday, is the latest between the agency and Web companies for privacy violations. ... Full Story | Top |
| Coming soon to Facebook- more action, battle games Friday, Feb 01, 2013 01:31 PM PST  SAN FRANCISCO (Reuters) - When nWay began a trial of its dark, sci-fi combat game "ChronoBlade" on Facebook last year, the San Francisco-based startup felt sure it had a hit on its hands. "First of all, what comes is, 'Wow, I had no idea you could actually do a game of this quality on Facebook,'" said Dave Jones, Chief Creative Officer of nWay, who has worked on "Grand Theft Auto. ... Full Story | Top |
| Dell nears buyout that could top $24 billion Friday, Feb 01, 2013 12:20 PM PST  NEW YORK (Reuters) - Dell Inc is edging closer to an agreement to sell itself to a buyout consortium led by Michael Dell, its founder and chief executive, and private equity firm Silver Lake Partners in a deal that could top $24 billion, people familiar with the matter said on Friday. The buyout consortium is negotiating taking Dell private at $13 to $14 per share, two of the people said. This translates into an equity valuation for the Round Rock, Texas-based company of between $22.6 billion and $24.4 billion. Dell shares were up 2.5 percent at $13.57 in afternoon trading. ... Full Story | Top |
| Apple edges out Samsung for mobile phone sales lead in fourth quarter Friday, Feb 01, 2013 12:01 PM PST  SAN FRANCISCO (Reuters) - Apple Inc became the top mobile phone seller for the first time in the lucrative U.S. market during the fourth quarter of 2012, outshining arch rival Samsung Electronics Co Ltd, a report by Strategy Analytics showed. Apple's share of the U.S. mobile phone market, including feature phones and smartphones, jumped to 34 percent from 26 percent, while Samsung's share grew to 32.3 percent from 31.8 percent, the research firm said. Samsung had been the top mobile phone vendor in the US since 2008, the firm said. ... Full Story | Top |
| Google to pay 60 million euros into French media fund Friday, Feb 01, 2013 11:10 AM PST  PARIS (Reuters) - Google is to pay 60 million euros ($82 million) into a special fund to help French media develop their presence on the Internet under a top-level deal signed on Friday, but will not pay them for posting links to their content. French publishers had been pushing for Google to pay them licensing fees for listing headlines and snippets of articles in its search engine results. ... Full Story | Top |
| Google moves closer to resolving EU investigation Friday, Feb 01, 2013 10:46 AM PST  BRUSSELS (Reuters) - Google Inc has offered to change some of its business practices to appease European competition authorities and avoid billions of dollars in fines. The European Commission said on Friday it had received detailed proposals from the world's most popular search engine, which has been under investigation for two years following complaints from more than a dozen companies, including Microsoft, that Google has used its market power to block rivals. ... Full Story | Top |
| Regulator likely to free more UK airwaves for 4G Friday, Feb 01, 2013 10:08 AM PST LONDON (Reuters) - Mobile phone operators Vodafone and Three have asked British regulator Ofcom for permission to re-use their existing airwaves for 4G services, following in the footsteps of larger rival EE. Britain got superfast mobile broadband late last year, long after countries such as the United States and Japan, when Ofcom allowed EE to run 4G services over its allocated spectrum. Ofcom said on Friday it had started a consultation over liberalizing more of the spectrum that was previously licensed for 2G and 3G mobile services in response to the requests. ... Full Story | Top |
| Microsoft sued over search-related patents Friday, Feb 01, 2013 08:45 AM PST  NEW YORK (Reuters) - A lawsuit filed on Thursday alleges Microsoft Corp has been infringing patents that allow Internet search engines to most effectively place advertisements. I/P Engine Inc said in the suit filed in Manhattan federal court that Microsoft uses search technology based on inventions by two employees of I/P Engine's parent company, Vringo Inc. Microsoft uses the technology in systems that generate advertisements and associated links for users of the world's largest software company's search engine, Bing, the lawsuit said. ... Full Story | Top |
| HP to close site in Germany, cutting 850 jobs Friday, Feb 01, 2013 08:36 AM PST  (Reuters) - Computer maker Hewlett-Packard Co said on Friday it is planning to close a site in Germany by the end of October as part of its multi-year restructuring plan. HP said it was closing its site in Ruesselsheim, Germany, southwest of Frankfurt, and that around 850 jobs would be cut. The remaining 250 employees may be able to transfer to HP partners or clients. The restructuring of its enterprise services business will not affect HP's other major sites in Germany, the company said, adding that it would continue to employ about 10,000 people in Europe's largest economy. ... Full Story | Top |
| Court rejects Oracle's bid for a quicker end to HP suit Friday, Feb 01, 2013 07:44 AM PST  SAN FRANCISCO (Reuters) - A California appeals court on Thursday rejected an attempt by Oracle Corp to quickly end a bitter lawsuit brought by Hewlett-Packard Corp over Oracle's decision in 2011 to end support for HP's Itanium based servers. HP accused Oracle of violating a contract when it decided it would no longer make new versions of its database software, which was compatible with HP's high-end servers based on Intel Corp's Itanium chips. Oracle maintained it had no such contract with HP. The servers tend to be used by large corporations with rigorous computing needs. ... Full Story | Top |
| Samsung Electronics chairman wins $4 billion court feud over family fortune Thursday, Jan 31, 2013 11:17 PM PST  SEOUL (Reuters) - Samsung Electronics Co Ltd Chairman Lee Kun-hee fended off a lawsuit by estranged family members demanding he hand over billions of dollars of shares in Samsung companies as a South Korean court ruled in his favor on Friday. Lee, 71, and Samsung Everland, a de facto holding company for the country's largest conglomerate, were defending against three lawsuits by Lee's relatives seeking nearly $4 billion in assets in Samsung Life Insurance Co Ltd, which sits at the heart of the web of Samsung group shareholdings, and Samsung Electronics, the group's crown jewel. ... Full Story | Top |
| Sony ignites talk of PS4 unveil with Playstation meeting Thursday, Jan 31, 2013 09:02 PM PST  TOKYO (Reuters) - Sony Corp will this month host its first major Playstation meeting in two years, sparking a flare-up in online speculation the Japanese consumer electronics giant is preparing to unveil the successor to its 70 million-selling PS3 games console. Sony declined to say whether it would release a new product at the meeting in New York on February 20. "We will be talking about the Playstation business," spokesman Masaki Tsukakoshi said on Friday. A Google search for "Sony Feb 20 Playstation" returned more than 7 million hits. ... Full Story | Top |
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