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Israeli expert says Syria cyberattack foiled
JERUSALEM (AP) — An Israeli security expert says Syrian hackers tried to break into the computers of the water system of the city of Haifa.
Israeli official says Syria cyberattack foiled
JERUSALEM (AP) — An Israeli security expert says Syrian hackers tried to break into the computers of the water system of the city of Haifa.
Senator urges 'extreme caution' on SoftBank -Sprint deal

People walk past a Sprint store in New YorkBy Doug Palmer and Liana B. Baker WASHINGTON (Reuters) - An influential senator expressed strong concerns on Friday about Japanese company SoftBank Corp's plan to buy 70 percent of Sprint Nextel , warning it could expose the United States to Chinese cyber attacks. "I have real concerns that this deal, if approved, could make American industry and government agencies far more susceptible to cyber attacks from China and the People's Liberation Army," Senator Charles Schumer of New York said in a statement. ...


Schumer urges look at security in Sprint deal
NEW YORK (AP) — Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.
ITV News Twitter account hacked by Syrian Electronic Army
LONDON (Reuters) - British broadcaster ITV on Friday became the latest media outlet to have one of its Twitter feeds hacked by anonymous supporters of Syria's President Bashar al-Assad, just days after Twitter beefed up security to prevent such attacks. Twitter Inc said on Wednesday that it had started rolling out an optional two-step authentication regime for its users to thwart hackers. The Associated Press, Britain's Financial Times and Daily Telegraph newspapers have all previously succumbed to attacks from the self-styled Syrian Electronic Army. ...
Jon Stewart Says the DOJ Should Go After Wall Street Instead of Potheads

Jon Stewart Says the DOJ Should Go After Wall Street Instead of PotheadsLast night on The Daily Show, Jon Stewart explained that the Department of Justice is going after people whose crimes seem minor—especially when you look at them in comparison to what Wall Street executives did to create the financial crisis. To which Stewart asked: "What, none of them bought pot?"


Venezuela prosecutor to open probe over leaked recording

Venezuela's President Maduro embraces National Assembly President Cabello in La OrchilaCARACAS (Reuters) - Venezuela's prosecutor's office said on Thursday it would open an investigation into in a recording the opposition says features a top government ally accusing the deputy head of the ruling Socialist Party of corruption and conspiring against the new president. Opposition deputies on Monday broadcast the recording of a conversation they said was between powerful state television commentator Mario Silva and a Cuban intelligence agent and later requested an investigation of it. ...


US family leaves Singapore frustrated with inquest
The parents of an American software engineer found dead in his Singapore apartment last year left the city-state Thursday before the end of a coroner's inquest, saying they had lost faith in the process. ...
China's surprisingly open hacking culture

Two young men participate in the annual Hack-In-The-Box Security Conference in Malaysia, Oct. 6, 2004.A hacker freelancing for a privately owned company can earn up to $100,000 a year overseas


SoftBank would add 'security director' to Sprint board

A woman walks past logos of Softbank Corp at its branch in Tokyo(Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel Corp's board if its takeover bid succeeds and give the U.S. government right of approval on the appointment in hopes of easing national security concerns raised by the proposed deal. Sprint said in a filing with the U.S. Securities and Exchange Commission on May 1 that the new director appointed by Tokyo-based SoftBank would oversee public safety concerns related to Sprint's wireless and wireline operations. ...


Huawei's Middle East revenue rose 18 percent in 2012: executive

A man looks at a Huawei mobile phone as he shops at an electronic market in ShanghaiBy Matt Smith DUBAI (Reuters) - China's Huawei Technologies Co's Middle East revenue rose 18 percent to $2.08 billion in 2012 and the roll-out of 4G mobile networks and IT outsourcing will be among its main regional growth drivers, the firm said. The world's second-largest telecom equipment maker also expects Middle East telecom operators to prioritize improving network efficiency, Shi Yaohong, president of Huawei Middle East, told Reuters in an email. "Operators' shift toward software-defined networks, IT outsourcing and adoption of 4G ... ...


Dish on national security PR offensive against SoftBank

The sign in the lobby of the corporate headquarters of Dish Network is seen in the Denver suburb of EnglewoodBy Alina Selyukh and Liana B. Baker WASHINGTON/NEW YORK (Reuters) - Dish Network Corp is ramping up its Washington-centric campaign to thwart Japanese firm SoftBank Corp's bid for Sprint Nextel Corp, hoping to convince lawmakers and government reviewers that it poses national security risks. On Wednesday, Dish ads appeared in Washington publications the Washington Post, Politico, The Hill, Roll Call and the National Journal as well as online news sites, including Reuters.com. ...


Twitter beefs up security after hacking spree on media

An illustration picture shows the logo of the Website Twitter on an Ipad, in BordeauxBy Jim Finkle (Reuters) - Twitter Inc unveiled technology to boost security for its users, following a spate of attacks on accounts of prominent media outlets including the Associated Press, the Financial Times and The Onion. The micro blogging site, which transmits some 400 million messages a day, said on Wednesday that it had begun rolling out an optional "login verification" service to thwart hackers seeking to hijack accounts with stolen passwords. ...


How to Stop Worrying and Love Twitter's New Two-Factor Verification
Twitter has added two-step verification to increase its security after all the recent hacks into high profile media accounts, but you should go sign up for it right this minute — because everyone's vulnerable to password attacks these days. Or maybe not right this minute, since there are some reports that Twitter is a little overwhelmed and others have reported the two steps aren't showing up for everyone. But at some point in the very near future, you get on that. Here's why, even if the new cellphone hiccup seems cumbersome.
'Irrational' hackers are growing U.S. security fear

Former Homeland Security Secretary Michael Chertoff attends the Reuters Cyber Summit in Washington in this file photoBy Jim Finkle (Reuters) - Cybersecurity researcher HD Moore discovered he could use the Internet to access the controls of some 30 pipeline sensors around the country that were not password protected. A hacking expert who helps companies uncover network vulnerabilities, Moore said he found the sensors last month while analyzing information in huge, publicly available databases of Internet-connected devices. "We know that systems are exposed and vulnerable. ...


Xbox One Raises the Burden of Privacy Safeguards: 5 Questions for Microsoft
Some things you take for granted, like the fact that in Star Trek, there’s a computer that’s always listening, always observing, always standing by cataloging data. Who owns that data? Where’s it stored? Who determines how it’s used? Who knows. The shows chose to slide by those questions and focus on others. ...
Parents withdraw from inquiry into death of U.S. engineer Shane Todd

Rick and Mary Todd speak to Reuters during an interview at their temporary place of residence in SingaporeBy Kevin Lim and Pedja Stanisic SINGAPORE (Reuters) - The parents of an American engineer found dead in Singapore last year said on Wednesday they will not take part in the rest of a coroner's inquiry into his death, which they say was linked to a project involving the transfer of sensitive technology to China. In a statement, Rick and Mary Todd said they had lost confidence in the system investigating the death of their 31-year-old son, Shane, who was found hanging from a door in his Singapore apartment last June. ...


US parents quit Singapore inquest into son's death
The parents of an American software engineer who believe their son was murdered last year in Singapore withdrew from the inquest Wednesday, saying they have no confidence in the city-state's legal process. ...
The World's Most Powerful Women 2013

Marissa Mayer: il Ceo di Yahoo! contro la flessibilitàOur annual snapshot of the top 100 women in business, politics, celebrity, philanthropy, billionaires, media and technology.


Sony to assess spin-off plan; cuts targets for cameras, smartphones

Sony Corp's President and CEO Hirai speaks during the Sony Corporate Strategy Meeting at the company's headquarters in TokyoBy Tim Kelly TOKYO (Reuters) - Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business. CEO Kazuo Hirai told a press briefing on Wednesday that Sony would assess a proposal from its biggest shareholder, billionaire Daniel Loeb's Third Point LLC hedge fund, that the group should sell up to a fifth of its music and movies business, which includes artists such as Adele and hit franchises like "Spider-Man". ...


Some U.S. utilities say they're under constant cyber attack

Representative Waxman speak during a news conference as part of the year end budget talks on Capitol Hill in WashingtonBy Alina Selyukh and Jim Finkle WASHINGTON/BOSTON (Reuters) - Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid. California Representative Henry Waxman released the report, co-authored with Massachusetts Representative Ed Markey, at the House Energy and Commerce Committee's cybersecurity hearing on Tuesday. ...


With high-tech guns, users could disable remotely
A high-tech startup is wading into the gun control debate with a wireless controller that would allow gun owners to know when their weapon is being moved — and disable it remotely. The technology, but ...
Some U.S. power companies say they face constant cyber attacks

The word 'password' is pictured on a computer screen in this picture illustration taken in BerlinBOSTON (Reuters) - Several U.S. power utilities say they face constant cyber attacks on critical systems, according to a report by two Democratic lawmakers amid warnings from the Obama administration that foreign hackers are seeking to attack the electric grid. Congressmen Edward Markey of Massachusetts and Henry Waxman of California disclosed their findings on Tuesday as the House Energy and Commerce Committee held a hearing on cybersecurity. In preparing the report the two asked some 160 utilities to describe their experiences fighting cyber attacks over the past five years. ...


Leaked recording stirs political furor in Venezuela
By Brian Ellsworth CARACAS (Reuters) - A recording released by Venezuela's opposition purportedly revealing graft and conspiracy in the ruling Socialist Party has stirred a new political storm in the OPEC nation's already traumatic transition after the death of Hugo Chavez. Opposition leaders on Monday played an hourlong, expletive-laced diatribe in which a man identified as powerful state TV commentator Mario Silva lambastes party heavyweight Diosdado Cabello. They said Silva was talking to a Cuban intelligence officer. ...
Kate Hudson Teams Up With Zach Braff
Today in show business: Zach Braff has put Kate Hudson in the movie you bought him, the Angry Birds movie really is happening, and Claire Danes has a teen daughter.
Small company stock are a bright spot

FILE - In this Tuesday, May 7, 2013, photo, specialist Charles Boeddinghaus works at his post on the floor of the New York Stock Exchange. Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. (AP Photo/Richard Drew)NEW YORK (AP) — Small-company stocks were a bright spot in a subdued start to the week for Wall Street.


Small company stocks take the limelight

FILE - In this Tuesday, May 7, 2013, photo, specialist Charles Boeddinghaus works at his post on the floor of the New York Stock Exchange. Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. (AP Photo/Richard Drew)NEW YORK (AP) — Small-company stocks were a bright spot in a slow and choppy start to the week for Wall Street.


Jon Stewart's humor a hit with millions of envious Chinese

Comedian Jon Stewart speaks during the "12-12-12" benefit concert for victims of Superstorm Sandy at Madison Square Garden in New YorkBy Jane Lee SHANGHAI (Reuters) - Humor may not always translate well, but Jon Stewart is picking up millions of fans in China, where his gloves-off political satire is refreshing for many in a country where such criticism is a rarity - especially when directed at their own leaders. A recent segment on North Korea scored over 4 million views on microblogger Sina Weibo, and even stodgy state broadcaster CCTV has used Stewart's "The Daily Show" in a report, though they wouldn't let a Chinese version of him near their cameras. ...


CA-BUSINESS Summary
TSX rises as gold miners lone sore spot TORONTO (Reuters) - Canada's main stock index rose on Friday as robust economic data helped drive gains in energy stocks and financial shares, offsetting weakness in gold producers. The materials sector, a major component of the S&P/TSX composite which includes gold miners, was the lone sector to finish in the red of ten main sectors, as the price of gold fell for a seventh straight session. ...
Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations

EU Trade Commissioner Karel de Gucht stands for a portrait while visiting Reuters in New YorkBy Daniel Bases NEW YORK (Reuters) - Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines. European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behavior by these Chinese companies in order to protect a "strategic" sector of Europe's economy. ...


Syrian Electronic Army Adds Financial Times to Its Social Media Hacks
The Financial Times became the latest news agency to fall prey to the Syrian Electronic Army, the hacking group which has claimed the social media scalps of the AP, The Onion, the BBC, and NPR, perhaps signaling that news outlets should be more like The Onion and come clean about how they're getting hacked.
Syria government supporters hack Financial Times
By Jim Finkle and Jennifer Saba (Reuters) - The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to tighten security as cyber-attacks on the news media intensify. The Syrian Electronic Army, an online group that supports Syrian President Bashar al-Assad, was behind the incident which followed a phishing attack on the company's email accounts, FT reported on its website. The attack is the latest in which hackers commandeered the Twitter account of a prominent news organization to push their ...
Syrian hackers compromise FT blog, Twitter feeds
LONDON (AP) — A clutch of Twitter accounts and a blog maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army, a pro-government group which has regularly targeted media organizations it sees as sympathetic to the country's rebels.
Saudi Arabia says hackers sabotage government websites
RIYADH (Reuters) - Several government websites in Saudi Arabia were sabotaged in a series of heavy cyber attacks from abroad in recent days, disabling them briefly until the attacks were repelled, the government said. An investigation traced the "coordinated and simultaneous attacks" to hundreds of Internet protocol addresses in a number of countries, an unnamed source at the Saudi Interior Ministry told state news agency SPA. ...
Today in business: 5 things you need to know

Bill Gates: The world's richest man…again.Bill Gates reclaims "world's richest" title, hackers target Financial Times, and more


Syrian hackers compromise FT blogs, Twitter feeds
LONDON (AP) — A clutch of blogs and Twitter accounts maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army, a pro-government group which often attacks media organizations it sees as sympathetic to the country's rebels.
Penitent Romanian hacker aims to protect world's ATMs

Boanta looks on during an interview with Reuters in his cell at the Vaslui penitentiaryBy Radu Marinas VASLUI, Romania (Reuters) - Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented which, he says, could make the world's ATMs impregnable even to tech-savvy criminals like himself. Boanta, 33, is six months into a five-year sentence for supplying gadgets an organized crime gang used to conceal ATM skimmers, which can copy data from an unsuspecting ATM user's card so a clone can be created. He said he had started to make the devices for the sheer excitement of it and denies ever planning to use them himself, saying he only sold them to others. ...


LulzSec hackers sentenced for attacking Sony, News Corp and the CIA
A U.K. judge has sentenced four members of hacking collective LulzSec, an offshoot of hacking group Anonymous, for their role in taking down various corporate and government websites between February and September 2011, ZDNet reported. Judge Deborah Taylor sentenced 26-year old Ryan Ackroyd, 20-year old Jake Davis, 18-year old Mustafa al-Bassam and 21-year old Ryan Cleary in a London courtroom on Thursday. Ackroyd received a prison sentence of up to 32 months, of which he will be required to serve at least half, while Davis was sentenced to two years in a young offenders institution, which he must remain at for at least a year. Bassam, who was a minor at the time of the hackings, received a suspended sentence
Prepaid iPhone sales exploded in Q1
A new report suggests that prepaid smartphones are becoming more popular among consumers. According to research from NPD Group, 32% of all smartphones sold in the first quarter were prepaid devices, up from 21% during the same period in 2012. Samsung was found to be the most popular vendor of prepaid smartphones, accounting for 32% of sales in the first quarter. Handsets from LG made up 22%, Huawei 11%, and Apple and HTC tied at 8%. Prepaid iPhone sales were found to have increased fourfold in Q1 though, while sales of LG smartphones doubled year-over-year. “Prepaid has proven to be a real winner for national retailers,” said Baker. “The easy purchase cycle and grab-and-go nature of the product play into the strength
LulzSec hackers who "wreaked havoc" at Sony jailed in UK

Ryan Ackroyd puts out a cigarette outside Southwark Crown Court in LondonBy Li-mei Hoang LONDON (Reuters) - A group of British hackers who "ran riot" causing millions of dollars of damage to computer networks run by Sony, the CIA and other agencies were sentenced to jail terms on Thursday. Police said four men, members of the hacking collective known as "LulzSec", put thousands of internet users' personal data at risk through their high-profile cyber attacks in 2011. ...


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