Today's Reuters Technology News Headlines - Yahoo! News:
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Siemens CFO blasts NSN German job cut plan: paper
Sat,10 Mar 2012 11:29 AM PST
Reuters -  FRANKFURT (Reuters) - Siemens finance chief Joe Kaeser has blasted the way joint venture Nokia Siemens Networks (NSN) was handling planned job cuts in Germany and called on it to hold talks with labor. "Siemens will not accept without a fuss that NSN simply disappears from Munich," Kaeser told the Sueddeutsche Zeitung newspaper in Siemens's home town. "It is really time for NSN management and labor representatives to sit down and constructively seek economically sustainable solutions for the Munich site," he said in the interview published on Saturday. ...
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Customers pre-ordering latest iPad will have to wait
Sat,10 Mar 2012 10:55 AM PST
Reuters -  (Reuters) - Consumers planning to pre-order Apple Inc's new iPad to avoid the release-day crowds at the company's retail stores will have to wait a little longer to get their hands on one of the devices. The latest version of the company's tablet, which was unveiled on Wednesday, is scheduled to hit shelves on March 16. But tablets pre-ordered online won't ship to buyers until March 19, according to the company's website. The Wall Street Journal reported in Saturday's edition that Apple's website had earlier promised the newest tablet would arrive at customers' homes on the launch date. ...
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Web giants' consumer privacy strategy faces hard sell
Fri,9 Mar 2012 10:03 PM PST
Reuters -  WASHINGTON (Reuters) - Emboldened by their victory in quashing online piracy legislation, U.S. Internet companies are gearing up for a battle over whether consumers should be able to restrict efforts to gather personal data. Google Inc, Facebook, Apple Inc and other tech companies have lobbied against congressional and federal agency proposals that would let Internet users press "do not track" buttons on their browsers to block targeted advertising. Consumers could also edit personal information that has been stored about them. ...
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Apple's new iPad making waves in video game market
Fri,9 Mar 2012 06:57 PM PST
Reuters -  (Reuters) - Apple Inc's faster and sharper-looking new iPad is drawing the notice of the traditional video game industry, as developers are envisioning games for it that have more in common with the visceral 3D shooter "Call of Duty" than "FarmVille." The company is also setting itself up to take on Microsoft and Sony on their home turf of game consoles. From Electronic Arts to "Crysis" developers Crytek, industry executives are figuring out ways to migrate graphics-intensive so-called hardcore games to the iPad. ...
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Hacker combined online attacks with petty crime
Fri,9 Mar 2012 01:16 PM PST
Reuters -  NEW YORK (Reuters) - A computer hacker-turned-FBI informant known as "Sabu" combined daring online attacks against governments and major companies with a life of petty crime and drugs, according to a copy of his plea agreement. The court document, made public late on Thursday, describes how authorities agreed not to charge the hacker, whose real name is Hector Monsegur, with a variety of crimes he allegedly committed as long as he obeyed the terms of his plea deal. ...
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Facebook co-founder buys New Republic magazine
Fri,9 Mar 2012 12:35 PM PST
Reuters -  (Reuters) - Chris Hughes, one of the co-founders of Facebook and a former online strategist for Barack Obama during the 2008 presidential campaign, has purchased a majority stake in The New Republic, the magazine said on Friday. Hughes, 28, will become publisher and editor-in-chief of the nearly 100-year old magazine which covers American politics. He is also expected to apply his expertise in digital technology in his new role. The New Republic currently publishes a daily Web magazine. The New Republic did not disclose the financial terms of the transaction or the exact size of the stake. ...
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Exclusive: Google leans on developers to use payment service
Fri,9 Mar 2012 12:31 PM PST
Reuters -  SAN FRANCISCO (Reuters) - Google Inc has been pressuring applications and mobile game developers to use its costlier in-house payment service, Google Wallet, as the Internet search giant tries to emulate the financial success of Apple Inc's iOS platform. Google warned several developers in recent months that if they continued to use other payment methods - such as PayPal, Zong and Boku - their apps would be removed from Android Market, now known as Google Play, according to developers, executives and investors in mobile gaming and payment sectors. ...
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Quest Software to go private in $2 billion deal
Fri,9 Mar 2012 11:50 AM PST
Reuters - (Reuters) - Quest Software Inc said it will be acquired by private equity firm Insight Venture Partners in a nearly $2 billion deal. The $23 per share offer represents a premium of about 19 percent to Quest's Thursday close. Shares of the company were trading at $23.69 on Friday morning, indicating that investors are expecting a higher bid. The deal includes a "go-shop" period of 60 days to solicit other proposals, Quest said in a statement. Aliso Viejo, California-based Quest will pay Insight -- a private equity and venture capital firm focused on software and internet -- a break-up fee of ... Full Story | Top |
Search engine users disapprove of data collection: survey
Fri,9 Mar 2012 10:43 AM PST
Reuters -  WASHINGTON (Reuters) - Search engines users disapprove of personal data being collected for search results or for targeted advertising, according to a Pew survey released on Friday that underscored the public's growing concern with web privacy. The survey results come after Internet search company Google said in January it was simplifying its privacy policy and would pool data on users across its services, including YouTube and Gmail. Users cannot opt out of the new policy. It has generated scrutiny from European and Brazilian regulators. ...
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Accused Irish LulzSec hacker worked in security
Fri,9 Mar 2012 08:15 AM PST
Reuters - SAN FRANCISCO/NEW YORK (Reuters) - One of the people accused by U.S. authorities of being at the core of Lulz Security, perhaps the most feared hacking group on the planet, led a nonprofit group in Galway, Ireland, dedicated to making websites more secure. Darren Martyn, who was named in an indictment unsealed in Manhattan federal court on Tuesday, was a local chapter leader of the Open Web Application Security Project, which develops open-source applications to improve security, according to an official at the international group. ... Full Story | Top |
Hacker "Sabu" worked full nights online for FBI
Fri,9 Mar 2012 05:54 AM PST
Reuters -  NEW YORK (Reuters) - One late-night visit by the FBI was all it took for the notorious hacker known as "Sabu" to switch sides and become a valued snitch. Hector Xavier Monsegur cooperated immediately in June, helping investigators close a net around five other leaders of the international hacking group Anonymous, according to court documents made public on Thursday. Monsegur sometimes stayed up all night, talking with co-conspirators to help the government build its case, Assistant U.S. ...
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Why online security is taxing our brains
Fri,9 Mar 2012 04:59 AM PST
Reuters -  NEW YORK (Reuters) - Nathan Acosta is feeling a little overwhelmed. The 24-year-old from Raleigh, North Carolina, who works for a financial services firm, is trying his best to keep up with all the passwords and security questions he has to juggle, just to log onto his personal accounts. But sometimes it feels like a losing battle. It's a battle millions of consumers can identify with. For a while it was just your mother's maiden name, then your first pet, the street you grew up on or the make and model of your first car. ...
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Tech behemoths gobble up big part of Nasdaq 100
Fri,9 Mar 2012 01:12 AM PST
Reuters - NEW YORK (Reuters) - A year ago, Apple had its weight in the Nasdaq 100 cut in half after having grown to where it tipped the scales at more than one-fifth of the index. The cut didn't last. Apple, along with a few stocks that have surged in recent months, could soon represent nearly half the index, making this index of 100 well-known companies a hostage to the performance of a few technology titans. ... Full Story | Top |
Hitachi to book $2.4 billion profit on hard drive unit sale
Thu,8 Mar 2012 08:54 PM PST
Reuters - TOKYO (Reuters) - Japan's Hitachi Ltd, which is overhauling its sprawling business to improve profitability, said it would book a 191 billion yen ($2.4 billion) special profit on the sale of its U.S. hard disk drive business to Western Digital Corp. The industrial electronics conglomerate, grouping some 900 firms making everything from household appliances to power plants, has been shedding money-losing businesses and shifting its focus to areas such as infrastructure that are expected to generate stable profits. ... Full Story | Top |
Accused Irish LulzSec hacker worked in security
Thu,8 Mar 2012 08:43 PM PST
Reuters - SAN FRANCISCO/NEW YORK (Reuters) - One of the people accused by U.S. authorities of being at the core of Lulz Security, perhaps the most feared hacking group on the planet, led a nonprofit group in Galway, Ireland, dedicated to making websites more secure. Darren Martyn, who was named in an indictment unsealed in Manhattan federal court on Tuesday, was a local chapter leader of the Open Web Application Security Project, which develops open-source applications to improve security, according to an official at the international group. ... Full Story | Top |
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