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Texan charged in first bitcoin securities fraud Ponzi case

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By Jonathan Stempel NEW YORK (Reuters) – A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin-related Ponzi scheme. Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than $4.5 million, that he raised from September 2011 to September 2012 by promising investors “absurdly high” interest rates, U.S.

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Germany, Brazil push the U.N. to be tougher on digital spying

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By Michelle Nichols UNITED NATIONS (Reuters) – Germany and Brazil are pushing the United Nations to be tougher on spying by beefing up an earlier U.N. resolution raising concerns that mass surveillance, interception of digital communications and personal data collection could harm human rights. In a follow up to a U.N.

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Strong advertising sales boost AOL revenue

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By Jennifer Saba and Anya George Tharakan (Reuters) – AOL Inc reported stronger-than-expected revenue growth as advertisers used the digital media company's automated platforms to buy and sell digital ads. Total third-quarter revenue rose 12 percent to $626.8 million, ahead of the average analyst estimate of $623.5 million, according to Thomson Reuters I/B/E/S

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Facebook launches Ebola charity donation button

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(Reuters) – Facebook Inc said users would now have option to donate directly to various Ebola relief charities through a button at the top of their News Feeds. Facebook users can donate to three charities – International Medical Corps, the International Federation of Red Cross and Red Crescent Societies, and Save the Children – starting today, the company said on its website on Thursday. The social media company is also donating 100 terminals to provide internet and voice-calling access for aid workers to Ebola-hit areas such as Guinea, Liberia and Sierra Leone.

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China to clean up ‘harmful’ web videos; sites pledge to manage online comments

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BEIJING (Reuters) – China’s major web portals have signed a commitment to “self-manage” comments on their websites, state-run Xinhua news agency reported on Thursday.

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Marketing costs weigh on Orbitz quarterly profit

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(Reuters) – Orbitz Worldwide Inc reported a lower-than-expected quarterly profit, due partly to higher marketing costs related to a new loyalty program for users of its travel booking websites. Orbitz’s shares were down nearly 2 percent in premarket trading after the company also forecast full-year revenue below analysts’ expectations. The operator of the Orbitz and CheapTickets websites said it expected full-year revenue to rise by 9 percent to 10 percent.

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Microsoft partners with Dropbox for online file-sharing

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(Reuters) – Microsoft Corp said it teamed up with online file-sharing company Dropbox Inc to allow Office software users to manage and share files through Dropbox's website and mobile app. Microsoft said the functionality would be included in the next updates to the Office mobile apps, to be rolled out in the next few weeks, and online accessibility would be available in the first half of 2015

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FireEye revenue forecast largely below Street, shares slide

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By Soham Chatterjee (Reuters) – Cybersecurity company FireEye Inc forecast quarterly revenue largely below average analyst expectation as customers increasingly shifted to subscription-based products, away from on-premise equipment that brought in revenue upfront. FireEye shares were down 22 percent in after-market trading. The company said it expects revenue of $135 million-$147 million for the fourth quarter ending December.

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EU official criticizes Google meetings on right to be forgotten ruling

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By Julia Fioretti BRUSSELS (Reuters) – A senior EU official criticized a series of public meetings held in Europe by Google on a landmark court ruling on the “right to be forgotten”, saying the meetings were part of lobbying efforts against EU data protection rules. Paul Nemitz, a director in the European Commission’s justice department, made his comments at Google’s Brussels meeting, the last in the series of meetings aimed at helping the world’s most popular Internet search engine implement the judgment

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