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It is hard to figure out which is growing at a faster pace -- movement to the cloud or cybercrime. Cybercrime is following the data to the cloud, according to reports, to find and steal cloud data of hotel records, credit card information, and maybe even corporate secrets and the client files of law...
The consumer privacy backlash stirred up by Facebook's recent deal to purchase WhatsApp for $19 billion is now in full swing. The Electronic Privacy Information Center and the Center for Digital Democracy jointly filed a complaint about the deal with the FTC. Following the announcement of the agreem...
Workers at a factory in China are on strike after rejecting compensation plans offered as a result of IBM's $2.3 billion deal to sell its low-end server business to Lenovo. More than 1,000 workers brought production to a halt Monday at IBM's International Systems Technology Company server-making fa...
Getty Images, the stock photo giant that many professional photographers loathe but amateurs love, on Thursday announced it will allow consumers to embed and share its images free for non-commercial purposes on blogs, social networks and other websites. The move indicates the company, whose batter...
What is going on with Sprint Softbank? What will the company look like when it finally emerges from its cocoon? Who else will it merge with? Where will it be based? There has been quite a bit of transformational work going on. Sprint and Softbank won U.S. government approval after months of vigorous...
Zite has traded hands again, three years after CNN bought it for $20 million. Flipboard now is acquiring the service, CNN reported, initially pegging the new sale price at $60 million. It later backed away from that figure, calling it "inaccurate." The transaction is a multi-stage deal in which CNN ...
U.S. government agencies are moving briskly into the mobile era, spurred by the fast pace of technological change. The scope of the federal mobile market is broad-based, and to some degree depends upon what is meant by such terms as "wireless," "mobility" and "digital." The parameters of that market...
Kickstarter announced it hit a new milestone Monday: It has surpassed $1 billion in pledges to crowdfund projects worldwide. In total, 5.7 million people have chipped in to fund Kickstarter campaigns, with about 1.6 million people backing more than one project. The pledges have come from 224 countri...
Apple CFO Peter Oppenheimer will retire in September, when he'll be replaced by Corporate Controller Luca Maestri, the company's VP of finance. Maestri will begin taking the reins in June. The move was expected. When Maestri joined Apple last year, the rumor mill began buzzing about his being groome...
Zynga COO Clive Downie on Monday announced the early rollout three mobile-first games: FarmVille 2: Country Escape, New Zynga Poker and New Words With Friends. The soft launch is taking place in certain markets before the games' formal debut in June. The release as a key part of a larger strategy to...
CEO Satya Nadella has begun his much-anticipated shakeup of Microsoft's leadership ranks, just weeks after taking the helm. Tony Bates, EVP of business development and evangelism, and Tami Reller, EVP of marketing, are on the way out. Eric Rudder, EVP of advanced strategy, will take over Bates' duti...
Several members of Hollywood's elite walked out of the Dolby Theatre in Los Angeles clutching golden statues on Sunday, but it might have been Samsung that landed the largest victory at the event. Partway through the show, host Ellen DeGeneres stopped to capture the moment by using a Samsung phone t...
At nearly 30 hours per week, video consumption in the average U.S. broadband household has increased approximately 29 percent since 2010. Although the TV set remains the most popular platform, its usage rates have remained relatively constant, at about 83 percent. However, the time spent consuming v...
Mt. Gox, the largest Bitcoin exchange, filed for Chapter 11 bankruptcy proceedings in Tokyo, Just days after going offline following the publication on Scribd of an internal memo that alleged hackers had stolen nearly 745,000 Bitcoins from its servers over the years. Blaming a weakness in the compan...
A British intelligence agency indiscriminately collected photos from the webcams of Yahoo users and stored them on its servers over a period of several years as part of a surveillance program called "Optic Nerve." The operation was run by the UK's NSA counterpart, GCHQ, according to a top secret doc...
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