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Ashley Madison, parent company sued in U.S. over data breach

(Reuters) – Infidelity website Ashley Madison and its parent company have been sued in federal court in California by a man who claims that the companies failed to adequately protect clients’ personal and financial information from theft, saying he suffered emotional distress. The lawsuit, filed in U.S. District Court in Los Angeles by a man identified as John Doe, seeks class-action status. The lawsuit accuses Ashley Madison and parent company

In Toshiba scandal, the 'tough as nails' target setter

By Nathan Layne and Ritsuko Ando TOKYO (Reuters) – Tom Scott, a former U.S. executive at Toshiba Corp , remembers his former boss Atsutoshi Nishida as an aggressive leader who could motivate staff but also rattle them with tough sales targets and an occasional dressing down.        “He gave me goals that scared the hell out of me,” Scott told Reuters after Nishida resigned as an adviser to Toshiba, along

Apple's Cook reassures investors on China, stock boomerangs

Apple Inc’s Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker’s business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory. Chinese consumers are critical to fueling demand for iPhones, and a slump in the country’s stock market and Beijing’s recent devaluation of the yuan have shaken