U.S. employee data breach tied to Chinese intelligence

By Joseph Menn SAN FRANCISCO (Reuters) – The Chinese hacking group suspected of stealing sensitive information about millions of current and former U.S. government employees has a different mission and organizational structure than the military hackers who have been accused of other U.S. data breaches, according to people familiar with the matter

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Still an underdog, but China government deals help Alibaba’s cloud ambitions

By Paul Carsten and John Ruwitch SHANGHAI/BEIJING (Reuters) – E-commerce giant Alibaba Group Holding Ltd is an underdog in the global cloud computing industry, but it has one thing going for it: it's Chinese. Alibaba this week scored a minor deal with China's northeastern port city of Dalian to build a cloud computing center and provide online government services such as bill payment

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U.S. cyber hack unsettles, frustrates U.S. defense industry

By Andrea Shalal PARIS (Reuters) – U.S. weapons industry executives say they are disappointed and frustrated about a massive U.S. cyber breach that exposed sensitive information about millions of Americans, including many thousands who work on high-security arms projects.

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Chinese government deals help nurse Alibaba’s bottom dog cloud business

By Paul Carsten and John Ruwitch SHANGHAI/BEIJING (Reuters) – E-commerce giant Alibaba Group Holding Ltd is an underdog in the global cloud computing industry, but it has one thing going for it: it's Chinese. Alibaba this week scored a minor deal with China's northeastern port city of Dalian to build a cloud computing center and provide online government services such as bill payment

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Traders bet on Twitter near-term gains as takeover chatter persists

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Dick Costolo's decision to step down as Twitter Inc's chief executive last week failed to stem the weeks-long slide in the company's shares, but options traders appear to be betting on a near-term rebound. The stock has shed more than a third of its value since Twitter reported first-quarter results in April

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Twitter to let users follow live events, not just people

Twitter Inc will start curating tweets on live events, the microblogging service said, as it plans major changes to make its real-time news feed more user friendly. Dubbed Project Lightning, the changes will let users follow events instead of just people, and instantly upload photos and videos that can be shared across websites, social news and entertainment website Buzzfeed reported on Thursday. A team of editors will curate the most visually appealing and relevant tweets about say, a red-carpet event or shooting, and present them in one place, so that users need not be flooded with every single tweet as it is posted, Buzzfeed said

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Canada government websites taken down in cyber attack

Several Canadian government websites and servers were taken down in a cyber attack on Wednesday, the government said, with the hacking group Anonymous taking responsibility in what it said was retaliation for a new anti-terrorism law passed by Canada's lawmakers. The general website for government services, canada.ca, as well as the site of Canada's spy agency, the Canadian Security Intelligence Service (CSIS), were among those affected.

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India IT behemoths revamp culture to attract young talent, battle start-ups

By Nivedita Bhattacharjee MUMBAI (Reuters) – India’s oldest and most distinguished IT firms are doing what would have been almost sacrilegious a few years ago – holding coding marathons to develop innovative fixes and deploying “commando” units to resolve clients’ IT woes within hours. Infosys , Wipro and other Indian IT giants, which rose to prominence during the outsourcing boom in the 1990s and 2000s, have struggled to keep pace with mushrooming start-ups. Client demands are similarly changing in India’s $147 billion IT outsourcing industry.

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