Today's Reuters Technology News Headlines - Yahoo! News:
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Tajikistan blocks access to Facebook and news sites
Sat,3 Mar 2012 07:57 AM PST
Reuters - DUSHANBE (Reuters) - Tajikistan blocked local access to Facebook and two Russian-language sites that published an article critical of its long-serving president on Saturday, representatives of two Internet providers said. The shutdown was ordered by the state-run communications service, the local Internet providers told Reuters, requesting anonymity. Users who tried to access Facebook or the two websites, which published a story critical of President Imomali Rakhmon, were automatically re-directed to the home page of their provider. ... Full Story | Top |
Regulators seek input on cell phone interruptions
Fri,2 Mar 2012 05:53 PM PST
Reuters - WASHINGTON (Reuters) - The deliberate disruption of mobile phone service last year by transit police in San Francisco has prompted federal communications regulators to consider rules for similar situations in the future. The Bay Area Rapid Transit Police Department said it cut cellphone service to aid public safety but civil liberties groups criticized the actions as a violation of free speech and argued it put people at more risk. ... Full Story | Top |
NASA says was hacked 13 times last year
Fri,2 Mar 2012 04:55 PM PST
Reuters -  (Reuters) - NASA said hackers stole employee credentials and gained access to mission-critical projects last year in 13 major network breaches that could compromise U.S. national security. National Aeronautics and Space Administration Inspector General Paul Martin testified before Congress this week on the breaches, which appear to be among the more significant in a string of security problems for federal agencies. ...
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Trade panel to review Microsoft, Motorola decision
Fri,2 Mar 2012 04:42 PM PST
Reuters -  WASHINGTON (Reuters) - A U.S. trade panel, which hears patent infringement cases, said on Friday that it would undertake a wide-ranging review of its preliminary decision over whether Motorola Mobility violated Microsoft patents. The International Trade Commission said Friday it would review portions of its judge's decision from December that Motorola Mobility infringed a Microsoft patent in making Android cellphones. ...
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IRS software glitch delays some tax refunds
Fri,2 Mar 2012 04:41 PM PST
Reuters - WASHINGTON (Reuters) - The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed. In an issue that could draw congressional scrutiny, the IRS said it was addressing the software glitches and that delays in sending refunds to taxpayers would be minimal. The tax collection agency has made a big commitment to upgrading its software and has been expecting to shut down its old software system in October. ... Full Story | Top |
Trade panel to rethink Microsoft, Motorola decision
Fri,2 Mar 2012 03:39 PM PST
Reuters -  WASHINGTON (Reuters) - A U.S. trade panel which hears patent infringement cases said on Friday that it would undertake a wide-ranging review of its preliminary decision over whether Motorola Mobility violated Microsoft patents. The International Trade Commission said Friday it would review portions of its judge's decision from December that Motorola Mobility infringed a Microsoft patent in making Android cellphones. ...
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Yelp soars in market debut on Facebook optimism
Fri,2 Mar 2012 02:55 PM PST
Reuters -  (Reuters) - Consumer review website Yelp Inc made a sparkling market debut on Friday, buoyed by optimism ahead of Facebook's public listing and hopes for further successful public listings by Internet companies down the road. Yelp's stock closed 64 percent higher at $24.58, a day after Yelp priced its IPO at $15 a share - above its indicated range of $12 to $14. At Friday's closing price, the company is worth about $1.47 billion - about 17 times its 2011 revenue. ...
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Facebook adding banks for IPO: sources
Fri,2 Mar 2012 02:30 PM PST
Reuters -  SAN FRANCISCO (Reuters) - Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday. Deutsche Bank, Credit Suisse and Citigroup are among the banks that will likely be added, said the sources, who requested anonymity because they were not authorized to speak publicly on the matter. Last September, Facebook increased its credit line to $2.5 billion. One of the sources said that the credit line may be increased to about $5 billion in the future. In February 2011, Facebook set up a $1. ...
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Hackers winning security war: executives
Fri,2 Mar 2012 12:48 PM PST
Reuters - SAN FRANCISCO (Reuters) - Technology security professionals seeking wisdom from industry leaders in San Francisco this week saw more of the dark side than they had expected: a procession of CEO speakers whose companies have been hacked. "It's pretty discouraging," said Gregory Roll, who came for advice and to consider buying security software for his employer, a large bank which he declined to name because he was not authorized to speak on its behalf. "It's a constant battle, and we're losing. ... Full Story | Top |
Kodak sells online business to Shutterfly
Fri,2 Mar 2012 11:38 AM PST
Reuters -  (Reuters) - Eastman Kodak Co has agreed to sell its online photo services business to Shutterfly Inc for $23.8 million, kicking off the bankrupt photography pioneer's relaunch as a much slimmer company although a patent sale seen crucial to its turnaround may still be months away. The once-iconic company that invented the hand-held camera has said it will quit the camera business and is expected to fetch $1 billion to $2 billion from the sale of about 1,100 digital patents, which is due to get under way by June 30. ...
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NASA says it was hacked 13 times last year
Fri,2 Mar 2012 10:52 AM PST
Reuters - (Reuters) - NASA said hackers broke into its computer systems 13 times last year, stealing employee credentials and gaining access to mission-critical projects in breaches that could compromise U.S. national security. The National Aeronautics and Space Administration spends only $58 million of its $1.5 billion annual IT budget on cyber security, Paul Martin, the agency's inspector general, told a Congressional panel on NASA security earlier this week. ...
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Pentagon suffers Internet access outage
Fri,2 Mar 2012 10:40 AM PST
Reuters - WASHINGTON (Reuters) - An unspecified number of Defense Department personnel in the Washington D.C. area and in the Midwest were cut off from the public Internet for nearly three hours on Thursday because of technical problems, a department spokeswoman said Friday. The outage was not caused by any malicious activity, said the spokeswoman, Air Force Lieutenant Colonel April Cunningham. She said the networks are back up and operating at normal capacity. ... Full Story | Top |
Spain refers Google privacy complaints to EU's top court
Fri,2 Mar 2012 10:31 AM PST
Reuters -  BRUSSELS (Reuters) - Spain's highest court wants the top court in Europe to decide if requests by Spanish citizens to have data deleted from Google's search engine are lawful, in a case that could put more pressure on it to review its privacy policies. The court, the Audiencia Nacional, said it had asked the European Court of Justice (ECJ) to clarify whether Google should remove data from its search engine's index and news aggregator even when it is not responsible for producing the content in its search results. ...
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Exclusive: Facebook seeking bigger credit line
Fri,2 Mar 2012 05:16 AM PST
Reuters -  SAN FRANCISCO (Reuters) - Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans. The world's largest social media network, which boosted its borrowing capacity by two-thirds just six months ago, is taking advantage of its strong position to get more financing for its phenomenal growth, the sources said. The sources spoke on condition of anonymity because they are not authorized to speak publicly about such plans. ...
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Analysis: Facebook seeks breakthrough in mobile ad market
Fri,2 Mar 2012 05:09 AM PST
Reuters -  BARCELONA (Reuters) - For Facebook it must look like a no-brainer -- exploit its huge consumer loyalty and half a billion mobile phone users as a way of opening up the mobile market to blue chip advertisers. Trouble is, there are reasons for the limited success so far of mobile advertising and none of them have completely gone away. Even if Facebook succeeds, others eyeing this potentially massive market may still struggle to cash in. ...
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