By Arshad Mohammed, Matt Spetalnick and Mark Hosenball WASHINGTON (Reuters) – The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday. The officials, who spoke on condition of anonymity, said no final decision had been made on imposing sanctions, which could strain relations with Russia further and, if they came soon, cast a
By Foo Yun Chee BRUSSELS (Reuters) – U.S. law firm and class action specialist Hausfeld launched a platform on Tuesday to help pursue claims against Google, posing a potential headache for the world’s No. 1 Internet search engine amid its regulatory troubles in Europe. Hausfeld has coordinated various high-profile class action cases, including for companies affected by an air cargo pricing cartel, investors impacted by currency-rigging by banks and firms
(Reuters) – Apple Inc is looking to move into the original programming business to compete with video streaming companies such as Netflix Inc , Variety reported on Monday. Apple, which aims to begin offering the service next year, has held preliminary talks with executives from Hollywood in recent weeks to gauge their interest in producing entertainment content, Variety reported, citing sources. Such a move could mean increased competition for Netflix
An explosion in the number of new Internet addresses has created a wealth of opportunities for criminals exploiting shady domains such as .zip, .kim or .party, according to an industry study published on Tuesday. An analysis of tens of millions of websites by enterprise security company Blue Coat found the most dangerous top-level domains (TLDs) were .zip, .review and .country, while the safest new ones were .london, .tel and .church.
Payments firm Klarna launched its U.S business on Tuesday and said Overstock.com, one of the biggest U.S. online retailers, would be its first major retail partner. Sweden-based Klarna, founded in 2005 and backed by investors such as Sequoia Capital and Atomico, is now planning for rapid expansion in the United States, where it will take on rivals such as PayPal and Stripe. “I would be disappointed if we didn’t have
Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients. “Recent media reports predicting the imminent demise of Ashley Madison are greatly exaggerated,” the company said in a statement. “Despite having our business and customers attacked, we are growing.” On Aug. 18, hackers who claimed to
By Ritsuko Ando TOKYO (Reuters) – Toshiba Corp again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan’s worst corporate scandal in four years. Toshiba, which was scheduled to post its earnings for the business year ended in March, said the newly discovered problems included incorrect impairment charges on fixed assets at several subsidiaries and improperly timed booking
By Sarah McBride and Heather Somerville SAN FRANCISCO (Reuters) – The waves of cash surfed relentlessly by some of Silicon Valley’s largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public. Investors have created 132 privately held companies valued at $1 billion or more each, according to tracker firm CB Insights, including ride-hailing service
As a marriage counselor years ago, Neil Clark Warren saw first-hand how incompatibility led to unhappy matches. “(The career market) is such a big market that we do expect it to grow faster than our core product,” the octogenarian clinical psychologist and eHarmony CEO said in an interview. The market is dominated by Barry Diller’s IAC/InterActiveCorp, owner of Match.com as well as other sites for the lovelorn.
(Reuters) – Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea-based company at about $346 million. MagnaChip’s shares were up 5 percent at $8.12 in mid-morning trade. The $10-per-share offer of Pleasant Lake, which owns 9.9 percent of MagnaChip, is at a premium of 29 percent to MagnaChip’s Friday closing price.(http://1.usa.gov/1fRbi5p) MagnaChip’s chips are used in smartphones, tablets
