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News highlights – 23 January

News highlights – 23 January

Written by on January 24, 2017 in News with 0 Comments

News highlights for 23 January The SEC investigates Yahoo security breach (Reuters) – The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating with federal, state and foreign” agencies, including the […]

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Shamoon virus rears its ugly head, again!

Shamoon virus rears its ugly head, again!

Written by on January 24, 2017 in News with 0 Comments

KHOBAR, Saudi Arabia (Reuters) – Saudi Arabia on Monday warned organizations in the kingdom to be on the alert for the Shamoon virus, which cripples computers by wiping their disks, as the labor ministry said it had been attacked and a chemicals firm reported a network disruption. An alert from the telecoms authority seen by […]

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EU considers testing bank defenses against cyber attacks

EU considers testing bank defenses against cyber attacks

Written by on January 23, 2017 in News with 0 Comments

BRUSSELS (Reuters) – The European Union is considering testing banks’ defenses against cyber attacks, EU officials and sources said, as concerns grow about the industry’s vulnerability to hacking. Cyber attacks against banks have increased in numbers and sophistication in recent years, with criminals finding new ways to target banks beyond trying to illicitly obtain details […]

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News highlights – 22 January

News highlights – 22 January

Written by on January 23, 2017 in News with 0 Comments

News highlights for 22 January China sets up $14.5 billion investment fund for internet companies BEIJING (Reuters) – China has set up a 100 billion yuan ($14.55 billion) fund to support investment in the internet sector, said official news agency Xinhua on Sunday. The fund, backed by China’s cabinet, is designed to help turn China […]

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Qualcomm gets sued by Apple over its modem chips

Qualcomm gets sued by Apple over its modem chips

Written by on January 23, 2017 in News with 0 Comments

(Reuters) – Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for “modem” chips […]

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Post Brexit strategy is not conservatism as we know it

Post Brexit strategy is not conservatism as we know it

Written by on January 23, 2017 in News with 0 Comments

LONDON (Reuters) – Britain’s government on Monday unveiled a new interventionist approach to rebalance its heavily services-based economy for the post Brexit era, in a break with traditional Conservative laissez-faire economic policy. Prime Minister Theresa May’s “Modern Industrial Strategy”demands closer collaboration in key industries in exchange for government support, aiming to increase productivity, reinvigorate industrial […]

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Saudi Arabia warns companies of increased cyber threat

Saudi Arabia warns companies of increased cyber threat

Written by on January 23, 2017 in News with 0 Comments

KHOBAR, Saudi Arabia (Reuters) – Saudi Arabia warned organizations in the kingdom on Monday to be on the alert for cyber attacks including a version of the destructive Shamoon virus, as a chemicals firm reported a network disruption and the labor ministry said it had been attacked. An alert from the telecoms authority seen by […]

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Wheeler warns Republicans against dismantling net neutrality

Wheeler warns Republicans against dismantling net neutrality

Written by on January 23, 2017 in News with 0 Comments

WASHINGTON (Reuters) – Outgoing U.S. Federal Communications Commission Chairman Tom Wheeler warned Republicans against dismantling the Obama administration’s landmark “net neutrality” protections that bar internet service providers from slowing consumer access to web content. Wheeler, in an interview this week, repeatedly questioned why Republicans would institute new policies that he said would benefit major internet […]

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News highlights – 19 January

News highlights – 19 January

Written by on January 20, 2017 in News with 0 Comments

News highlights for 19 January Telia considering a bid for TDC STOCKHOLM (Reuters) – Swedish telecom operator Telia is mulling a bid for Denmark’s TDC, Swedish business daily Dagens Industri reported on Thursday, citing unnamed sources. Read more… Avaya files for Chapter 11 bankruptcy WILMINGTON, Del (Reuters) – Telecommunications company Avaya Inc filed for Chapter […]

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Traditional TV networks are now playing catch up with Netflix binge model

Traditional TV networks are now playing catch up with Netflix binge model

Written by on January 20, 2017 in News with 0 Comments

LOS ANGELES (Reuters) – Traditional TV networks are following Netflix Inc’s lead by releasing all new episodes of a series at the same time, a step to win over binge viewers who do not want to wait a week for the next instalment. The move poses a direct challenge to Netflix and a way for […]

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