By Andrea Shalal WASHINGTON (Reuters) – The U.S. Navy is working hard to improve the cyber security of its computer networks and weapon and communications systems, while bracing for potential attacks on power grids and fuel supplies, Navy Secretary Ray Mabus said Wednesday. Mabus said cyber warfare was a clear threat given Russia’s use of cyber attacks before its physical invasions of Crimea and Georgia
Read more(Reuters) – Data storage equipment maker NetApp Inc reported fourth-quarter results below analysts’ estimates, hurt by lower sales to original equipment manufacturers, sending its shares down more than 10 percent in extended trading. The company, which cut about 500 jobs, also forecast first-quarter profit below market estimates. NetApp has been trying to boost growth by focusing on cloud-based products as businesses cut spending on high-end storage systems.
Read more(Reuters) – CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former members. In May, Premera Blue Cross said that 11 million customers’ information may have been exposed in a hack
Read moreStreaming music service Spotify will soon provide video content from musicians, news organizations and TV networks in a bid to sign up more subscribers, the company said on Wednesday. A new recommendation function, similar to what rival Pandora Media Inc offers, will let people pick channels based on lifestyle activities, like “songs to sing to in the shower,” or “100 plus hits form the 1980s,” the Stockholm-based company said
Read moreThe Internet is the most important front in China’s ideological battle against “Western anti-China forces”, the country’s military newspaper said on Wednesday, adding that online controls were essential to the government’s survival. Calls to reject Western thought and values have grown stronger under President Xi Jinping, who has urged more “ideological guidance” at universities and the study of Marxism.
Read moreAustralian telecommunications firm Telstra Corp Ltd said on Wednesday computer systems at its recently acquired undersea cable company Pacnet Ltd had been hacked, potentially exposing sensitive customer information to theft. Telstra said the corporate information technology network of Pacnet, email and other business management systems of the company, had been accessed by an unauthorized third party several weeks before its $550 million takeover of the firm was completed on April 16. Telstra said it didn't know who was behind the hack
Read moreBy Elaine Lies TOKYO (Reuters) – The governor of the Japanese island of Okinawa said on Wednesday he will travel to the United States next week to press his demand that a U.S.
Read moreChina will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth. The State Council said the government will invest more than 430 billion yuan ($69.3 billion) this year on network construction, with at least another 700 billion yuan ($112.8 billion) spent over the following two years
Read moreSan Francisco may become the second California city in a month to limit length of stays arranged by accommodation services like Airbnb, which matches people wishing to rent out all or part of their homes to temporary guests. A city committee late on Monday advanced a proposal that would limit hosts to renting accommodation to no more than 60 days a year, down from 90 currently. Airbnb has grown quickly and is valued at far more than $10 billion, with analysts assuming it can overcome any major regulatory backlash
Read moreBy Christine Kim SEOUL (Reuters) – The founder of Alibaba Group Holdings Ltd on Tuesday called “regrettable” a lawsuit by a group of luxury goods firms owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters. Executive Chairman Jack Ma was speaking after Gucci, Yves Saint Laurent and other brands owned by Kering sued Alibaba in the United States on Friday, accusing it of knowingly making it possible for counterfeiters to sell their products throughout the world. Ma also said Alibaba was interested in investing in U.S
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