By Nate Raymond NEW YORK (Reuters) – A Latvian man pleaded guilty on Friday to engaging in a scheme to transmit a computer virus that infected more than a million computers worldwide and caused tens of millions of dollars in losses. Deniss Calovskis, 30, pleaded guilty in federal court in Manhattan to conspiring to commit computer intrusion, admitting that he had been hired to write some of the computer code
By Mari Saito SAN FRANCISCO (Reuters) – Amazon.com Inc is adding staff for a new division dedicated to restaurants in Seattle and New York, with indications the unit is trying to rapidly expand a meal delivery service, according to posts on LinkedIn and the company’s jobs site. Amazon, which declined to comment on Friday, is best known as a place to buy millions of products including books and electronics. The
(Reuters) – Google Inc expects to return to mainland China as early as this fall following a five-year absence, tech website The Information reported on Friday. The company hopes to get Chinese government approval for a China version of its Play store mobile app, The Information reported, citing people familiar with the plan. Google has assured Chinese authorities that it will follow local laws and block Play store apps that
Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push third-quarter revenue and earnings estimates lower this month. Estimates have already fallen for 9 out of 10 of the benchmark index’s sectors so far this year, according to Thomson Reuters data. This could happen fairly quickly,” said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
There is a shared belief among the members of the Group of 20 leading economies in the need to “double down” against competitive currency devaluation and avoid it in both policy and language, a senior U.S. Treasury official said on Saturday. Speaking to reporters on the sidelines of the G20 meeting of central bankers and finance ministers in the Turkish capital Ankara, the official said the final communique from the
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