Sony to pay up to $8 million in ‘Interview’ hacking lawsuit

Sony Pictures Entertainment Inc has agreed to pay up to $8 million to resolve a lawsuit by employees who claimed their personal data was stolen in a 2014 hacking tied to the studio's release of a comedy set in North Korea, “The Interview.” The settlement with the Sony Corp unit and current and former employees was disclosed in papers filed on Monday in federal court in Los Angeles. Under the deal, Sony will pay up to $2.5 million, or $10,000 per person, to reimburse employees for identity theft losses and up to $2 million, or $1,000 per person, to reimburse them for protective measures they took after the cyber attack. Sony has also agreed to pay up to $3.49 million to cover legal fees and costs, according to court papers.

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Google offering free Apps for Work to some customers

By Deborah Todd SAN FRANCISCO (Reuters) – Google Inc announced on Monday that it will offer its Apps for Work suite free to businesses currently locked into agreements with other office software vendors. Normally, businesses pay $5 per user per month for a basic version of Apps for Work or $10 per user per month for one with more advanced features, such as increased storage and an email archive. Google will give businesses access to the suite, which includes Gmail, Calendar, Google Drive, Google Docs and other programs, at no cost through the remainder of their current agreements

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Canada’s strategic voters lean Liberal as vote nears

By Julie Gordon VANCOUVER (Reuters) – Organizers of two key strategic voting campaigns in Canada are throwing most of their support to the center-left Liberals, who lead the ruling Conservatives in polls and may also benefit from a bandwagon effect in the final days of the tight campaign. Both Leadnow, a non-profit group funded through individual donations, and website strategicvoting.ca have seen support grow as sentiment against Prime Minister Stephen Harper and his 10-year-old government builds and Liberal leader Justin Trudeau opens up a lead in opinion polls.

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Tinder, Match.com owner seeks date with investors

The company is owned by media mogul Barry Diller’s IAC/InterActiveCorp , which said in June it would float less than 20 percent of Match in an IPO. Revenue rose 10.3 percent to $888.1 million in 2014, according to the company’s IPO filing, while it jumped 19 percent to $254.7 million in the second quarter ended June. “It looks like it will be well received by the IPO market ..

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Steve Ballmer takes 4 percent stake in Twitter, owns more than CEO

Former Microsoft Corp Chief Executive Steve Ballmer has taken a 4 percent stake in Twitter Inc , according to his spokesman, making him the third-biggest individual shareholder in the social media company. Ballmer's stake is worth more than $800 million based on Twitter's $21 billion market value

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EU privacy regulators give EU, U.S. three months to find new data pact

By Julia Fioretti LONDON (Reuters) – Companies could face action from European privacy regulators if the European Commission and United States do not come up with a new system enabling them to shuffle data across the Atlantic in three months, the regulators said on Friday. The highest EU court last week struck down a system known as Safe Harbour used by over 4,000 firms to transfer personal data to the United States, leaving companies without alternatives scrambling to put new legal measures in place to ensure everyday business could continue

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Google book-scanning project legal, says U.S. appeals court

By Joseph Ax NEW YORK (Reuters) – A U.S. appeals court ruled on Friday that Google's massive effort to scan millions of books for an online library does not violate copyright law, rejecting claims from a group of authors that the project illegally deprives them of revenue

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Kardashians pause social media postings as Odom fights for life

(Reuters) – The Kardashian family on Friday paused social media postings across their commercial sites while ex basketball star Lamar Odom – Khloe Kardashian's estranged husband – fights for his life in a Las Vegas hospital. Khloe, sister Kim and half-sister Kylie Jenner said they had stopped publishing content to their various popular mobile apps and their official websites. “As a family, we've decided to hold off on publishing content across our apps while we continue to support and pray for Lamar,” read a statement on a black background posted on all of their sites

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