Authorities closing in on hackers who stole JPMorgan data: NYT

(Reuters) – Federal authorities investigating the data breach at JPMorgan Chase & Co are confident that a criminal case will be filed against the hackers in the coming months, the New York Times reported, citing people briefed on the investigation.

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Facebook clarifies rules on banned content

Facebook Inc clarified its rules banning certain content from its social network, as the Internet company strives to curb controversial posts such as support for violent militant groups and nudity without damaging its status as a global hub for users to share information. The 1.39 billion-member social network updated its “community standards” late Sunday, providing specific examples of content prohibited under its general rules against direct threats, hate speech and criminal activity.

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Texan charged in first bitcoin securities fraud Ponzi case

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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