Swedbank website down in hacker attack

Swedbank's Swedish website has stopped working after a hacker attack and cannot be reached by its customers, a spokesman said on Friday. The attack means that customers cannot conduct online transactions or contact the bank through the Internet although mobile applications and payments continue to function, Swedbank spokesman Claes Warren said. The website was also hit by a hacker attack in October.

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German private-sector watchdog accuses Zalando of false advertising

A German private-sector competition watchdog has filed for an injunction against online fashion retailer Zalando, it said on Thursday, accusing the group of false advertising. The Centre for Protection against Unfair Competition said in a statement that Zalando had in its online shop misrepresented how many pieces of certain items of clothing were still available, creating the impression that customers needed to act fast to buy them.

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Telus profit, revenue rise; eyes cost cuts as wireless slows

By Alastair Sharp TORONTO (Reuters) – Telus Corp , one of Canada's three big telecoms providers, reported a 4.2 percent rise in quarterly revenue on Thursday as wireless growth slowed and it eyed cost savings.

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China’s JD.com says watchdog accepts request for probe into rival Alibaba’s practices

A Chinese regulator has formally accepted a request by JD.com, the country's second-biggest online retailer, to investigate its rival Alibaba Group Holding Ltd for possible unfair practices during promotions, JD.com's official microblog said on Thursday. Alibaba, China's biggest e-commerce firm, has previously denied accusations outlined in a JD.com letter to the State Administration for Industry and Commerce (SAIC) in the run-up to Nov. 11 'Singles' Day' promotions, the biggest online shopping day of the year in China

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China’s JD.com says watchdog accepts request for probe into rival Alibaba’s practices

A Chinese regulator has formally accepted a request by JD.com, the country's second-biggest online retailer, to investigate its rival Alibaba Group Holding Ltd for possible unfair practices during promotions, JD.com's official microblog said on Thursday. Alibaba, China's biggest e-commerce firm, has previously denied accusations outlined in a JD.com letter to the State Administration for Industry and Commerce (SAIC) in the run-up to Nov

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Iranian military hackers focus on U.S. administration officials: WSJ

Iran's Revolutionary Guards stepped up hacking of email and social media accounts of Obama administration officials in recent weeks in cyber attacks believed linked to the arrest of an Iranian-American businessman in Tehran, the Wall Street Journal reported on Wednesday. The newspaper, citing unnamed U.S.

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Facebook revenue, profit beat forecasts; shares hit all-time high

By Yasmeen Abutaleb and Lehar Maan SAN FRANCISCO (Reuters) – Facebook Inc posted surprisingly strong profit and revenue growth as the world's largest social network grew even larger, with a spike in mobile users and advertising that lifted its stock to an all-time high. The company on Wednesday reported audience numbers that suggest it is poised to take on mainstream media as an advertising force, helping investors to overlook Facebook's huge spending on hiring and building data centers

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