U.S. Navy secretary says paying attention to cyber threats

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

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NetApp results miss estimates; shares fall

(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.

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Starboard reiterates Yahoo should combine with AOL

(Reuters) – Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions. Starboard, in September, urged Yahoo to consider merging with AOL on the grounds that a deal could create up to $1 billion in “synergies” by reducing overlaps in online display advertising and other overhead costs

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