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| Britain losing battle against internet crime, MPs say Monday, Jul 29, 2013 07:21 PM PDT  By William James LONDON (Reuters) - Britain is losing the battle against cyber crime and needs a new crack crime unit to fight the growing problem in cooperation with its global partners, particularly the European Union, a panel of MPs said in a report on Tuesday. The Home Affairs Committee, which scrutinises the government's domestic policy, said the "state-of-the-art espionage response team" would encourage companies, banks and institutions to report hacking attempts to uncover the full extent of online crime and halt its rise. ... Full Story | Top |
| Britain losing battle against internet crime, lawmakers say Monday, Jul 29, 2013 04:03 PM PDT By William James LONDON (Reuters) - Britain is losing the battle against cyber crime and needs a new crack crime unit to fight the growing problem in cooperation with its global partners, particularly the European Union, a panel of lawmakers said in a report on Tuesday. The Home Affairs Committee, which scrutinizes the government's domestic policy, said the "state-of-the-art espionage response team" would encourage companies, banks and institutions to report hacking attempts to uncover the full extent of online crime and halt its rise. ... Full Story | Top |
| Time Warner Cable raises Internet modem fees for customers Monday, Jul 29, 2013 03:04 PM PDT  (Reuters) - Time Warner Cable said on Monday it has started notifying customers that it is raising the monthly fees to rent modems from the cable company. Subscribers on Time Warner's Cable's most popular Internet plan began paying $3.95 a month last November to lease a modem. The fee will rise to $5.99 a month starting in the next billing cycle for customers. The higher rate could generate an additional $150 million in revenue this year, according to ISI analyst Vijay Jayant. Time Warner Cable has roughly 12 million customers. ... Full Story | Top |
| BMW eases path to EV ownership to gain 'meaningful' sales Monday, Jul 29, 2013 02:50 PM PDT  By Andreas Cremer and Deepa Seetharaman LONDON/NEW YORK (Reuters) - BMW aims to win a "meaningful" segment of the electric car market with its i-series battery-powered models by offering luxurious styling and packages designed to help owners overcome the traditional hurdles to electric car ownership. Among the incentives offered by the world's biggest luxury carmaker is what it calls "BMW add-on mobility", which gives owners access to a pool of traditional gas-powered BMW vehicles to use on longer journeys when an electric car might not be practical. ... Full Story | Top |
| Icahn opposes voting rule change proposed by Dell founder Monday, Jul 29, 2013 04:54 AM PDT  (Reuters) - Activist investor Carl Icahn urged Dell Inc's special committee to not change voting rules, as proposed by the company's founder Michael Dell, which would make it easier for a CEO-led group to take the personal computer maker private. The CEO and partner Silver Lake last week raised their $24.4 billion bid by less than 1 percent hours before it was to be put to a vote, and added on a controversial demand to change voting rules to make it easier for his group to take the company private. Icahn, who has amassed an 8. ... Full Story | Top |
| In new apps, hand gestures control the action Monday, Jul 29, 2013 02:01 AM PDT By Natasha Baker TORONTO (Reuters) - Like waving a wand, new apps are bringing a bit of magic to computers, enabling users to zoom, pan and control the action with hand gestures. A new app store called Airspace, launched by San Francisco-based company Leap Motion last week, has 75 apps that are all controlled with the wave of the hand. "Right now in front of your computer, there's dead space. You're only using your desktop, where your keyboard and mouse rest, and the surface of your monitor," said Michael Zagorsek, vice president of product marketing for Leap Motion. ... Full Story | Top |
| Siemens CEO to fight for his job: paper Monday, Jul 29, 2013 01:54 AM PDT  FRANKFURT (Reuters) - Siemens Chief Executive Peter Loescher plans a probably doomed fight for his job at Wednesday's supervisory board meeting, a German newspaper said, after the German industrial group said at the weekend it would sack him. Pressure had been mounting on Loescher after he repeatedly misjudged demand development in the group's main markets, and last week appeared to provide the final straw when Siemens scrapped its 2014 profit margin targets. ... Full Story | Top |
| IBM to receive 21 million euros state-aid for Romania investment: report Monday, Jul 29, 2013 12:24 AM PDT  BUCHAREST (Reuters) - IBM, the world's largest technology services company, will receive 21 million euros ($27.86 million) state-aid from the Romanian government for investment that will generate 900 jobs, daily Ziarul Financiar reported on Monday. "IBM Romania will receive 21 million euros to develop an information technology consultancy project in Bucharest and Brasov," the finance ministry said. Under Romanian law, state aid is given for large investments that create new jobs. The investment project is worth a total 51.2 million euros. (Reporting by Ioana Patran; Editing by Luiza Ilie) Full Story | Top |
| Apple-supplier Pegatron violates China workers' rights: China Labor Watch Monday, Jul 29, 2013 12:21 AM PDT  By Paul Carsten BEIJING (Reuters) - Pegatron Corp, a Taiwanese company that makes Apple Inc products, is violating workers' rights at its Chinese factories in Shanghai and Suzhou, New York-based rights group China Labor Watch said in a report on Monday. Pegatron, which assembles iPads and iPhones at its China factories, is forcing employees to work unpaid overtime in poor working and living conditions, among other violations of Chinese regulations, China Labor Watch said. ... Full Story | Top |
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