EU member states agree higher fines for firms for privacy violations

By Julia Fioretti BRUSSELS (Reuters) – Businesses operating in the European Union could be fined up to 4 percent of their annual global turnover for breaching data protection rules under a proposal agreed on Wednesday. The EU is negotiating a data protection law to replace a patchwork of national laws dating back to 1995, aiming to set clearer limits on how companies can use EU citizens’ private data and beef up regulators’ enforcement powers. Under the current system, not all national regulators have the power to levy fines, and when they do the amounts are often paltry compared with the revenues of some of the companies affected, particularly big U.S.

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Hacking of U.S. government was criminal, not state-sponsored: China

China's official Xinhua news agency said on Wednesday that an investigation into a massive U.S. computer breach last year that affected more than 22 million federal workers found the hacking attack was criminal, not state-sponsored. In an article about a meeting between top U.S.

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Twitter’s results show its turnaround Moment still far off

Twitter Inc may be counting on Moments to drive growth, but the moment for celebrating a turnaround still looks far off. Anyone hoping that Chief Executive Jack Dorsey's plans to boost growth would have had a big impact on third-quarter results would have been disappointed.

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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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Symphony’s Wall Street messaging system aims to widen reach

By Lauren Tara LaCapra NEW YORK (Reuters) – Symphony Communication Services LLC, a Wall Street-backed messaging and information startup, is about to start offering its product more widely. The company, which has more than 30,000 users in a “beta” version of its product, will roll out a new interface and iPhone application for them on Monday, Chief Executive David Gurle told Reuters in a recent interview.

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EBay to cut jobs, sell enterprise unit ahead of PayPal split

By Deepa Seetharaman SAN FRANCISCO (Reuters) – EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year. The jobs will be cut across the marketplace, payments and enterprise divisions, eBay said on Wednesday in its fourth-quarter earnings report.

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California girl, 15, arrested over social media threats to school

By Marty Graham (Reuters) – A 15-year-old California girl has been arrested on accusations of using Instagram to anonymously threaten her San Diego-area high school, which was closed for two days this week as a result, police said on Wednesday. Carlsbad High School, about 20 miles north of San Diego, closed mid-morning on Monday and sent students home after learning of the anonymous threat, Carlsbad School District spokesman Rick Grove said.

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FBI says Sony hackers ‘got sloppy,’ posted from North Korea addresses

By Emily Flitter and Mark Hosenball NEW YORK/WASHINGTON (Reuters) – FBI Director James Comey said on Wednesday that hackers behind the cyberattack on Sony Pictures Entertainment provided key clues to their identity by sometimes posting material from IP addresses used exclusively by the North Korean government. The hackers, who called themselves “Guardians of Peace,” sometimes “got sloppy” and failed to use proxy servers that would hide their identity, Comey said at the International Conference on Cyber Security in New York.

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