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China-linked hackers appear to have gained access to sensitive background information submitted by U.S. intelligence and military personnel for security clearances that could potentially expose them to blackmail, the Associated Press reported on Friday. In a report citing several U.S. officials, the news agency said data on nearly all of the millions of U.S. security-clearance holders, including the Central Intelligence Agency, National Security Agency and military special operations personnel, were
WASHINGTON (Reuters) – The White House said on Friday that it could not confirm reports that as many as 14 million current and former U.S. government employees had their personal information exposed to hackers in a recent cyber attack on the federal government. White House spokesman Josh Earnest said the investigation continues into the breach at the Office of Personnel Management. Last week, the government said records of up to
By James Pearson SEOUL (Reuters) – Foreigners in North Korea no longer have access to the country’s 3G network, the country’s mobile phone provider said in a message sent to its subscribers in the country. North Koreans are unable to access outside uncensored Internet, except for on rare occasions, but foreign residents and visitors to the isolated country are able to buy 3G mobile SIM cards which are largely unrestricted.
Now James and Lachlan Murdoch, octogenarian media baron Rupert’s only sons, are teaming up at the helm of Twenty-First Century Fox Inc (FOXA.O), the crown jewel of the empire their father built. James Murdoch, 42, is set to be elevated to chief executive of the entertainment company that is home to “The Simpsons” and movie franchises like “Planet of the Apes.” Lachlan, 43, will become co-executive chairman with his father
The chief executive of Henkel & Co KGaA AG (HNKG_p.DE) poured cold water on speculation the consumer goods maker was preparing to buy hair care firm Wella from Procter & Gamble Co (PG.N), saying his company didn’t need big acquisitions to grow. “We don’t absolutely have to have big, multi-billion-euro acquisitions to reach our financial goals,” Henkel CEO Kasper Rorsted told German newspaper Welt am Sonntag in a version of
Shares of Lilly have jumped 7 percent this week, largely on Wall Street expectations that favorable long-term effectiveness data could emerge from the study of solanezumab, an injectable drug with potential to become the first approved treatment to delay progression of Alzheimer’s. A spokesman for the Alzheimer’s Association told Reuters on Thursday that the abstracts, summaries of clinical trial data to be presented at the meeting, could be posted within
ATHENS/BRUSSELS (Reuters) – Greek Prime Minister Alexis Tsipras said he was willing to accept unpalatable compromises to secure a deal with international creditors, provided he gets debt relief in return, something that Germany refuses to countenance. With Greece heading towards possible default and bankruptcy, he told his negotiating team before it took a counter-proposal to Brussels that without debt relief he would say “no” to any settlement with the EU
Twitter Inc’s announcement that Dick Costolo would exit as CEO on July 1 was long on plaudits but offered few clues on how the company will tackle its biggest problem: user growth. Twitter’ shares were down 0.6 percent in early afternoon trading on Friday, after rising much as 3.9 percent just after the opening, as investors assessed the company’s prospects. Analysts said Twitter has an uncertain future unless it can
Upbeat consumer sentiment and other data added to views the economy may be regaining momentum, which increased anxiety for investors ahead of next week’s Federal Open Market Committee meeting, the U.S. central bank’s last meeting before September. Also of concern, a day after the International Monetary Fund quit bailout talks with Greece, EU officials said they had held their first formal discussions on the worst-case scenario for the country. The
U.S. authorities are examining payments made by Nike Inc under a 1996 soccer sponsorship deal with Brazil for possible evidence of wrongdoing by the company or others, the Wall Street Journal reported on Friday, citing people familiar with the matter. Although Nike has not been named or charged with any wrongdoing yet, the company was swept into the corruption scandal that engulfed soccer’s governing body FIFA when a U.S. indictment
