By Alastair Sharp TORONTO (Reuters) – The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by “mutual agreement” and its existing senior management team would take over until a new CEO is appointed. On Aug.
Read moreBy Liisa Tuhkanen LONDON (Reuters) – The often touted but regularly delayed stock-market listing of Rovio, creator of the hugely popular “Angry Birds” mobile game, could be even more distant after this week's warning of lower earnings and a planned cull of more than a third of its staff. While the mobile games market as a whole is thriving and looks set to grow to more than $35 billion in 2017, according to research firm Newzoo, Rovio's woes typify the difficulty established players have in changing with the times
Read moreBy Erik Kirschbaum BERLIN (Reuters) – Facebook will have to abide by German laws banning racist sentiment even if it might be allowed in the United States under freedom of speech, Justice Minister Heiko Maas said in an interview with Reuters. Maas, who has accused Facebook of doing too little to thwart racist and hate posts on its social media platform, said that Germany has zero tolerance for such expression and expects the U.S.-based company to be more vigilant.
Read moreThe petition for “discovery before suit” seeks to identify the person against whom a lawsuit can be filed. Herbalife said it wants Twitter to provide information such as IP addresses and account details of the user who vilified the company and its management as “thieves, pill pushing frauds and bullies”
Read moreDarktrace, a cyber-security firm backed by former Autonomy boss Mike Lynch, said it had raised $22.5 million from U.S.-based venture capital company Summit Partners in a funding round that valued the company at more than $100 million. The company was one of Lynch's first investments after he left Hewlett-Packard Co in 2012 in an acrimonious split over the $11 billion acquisition of Autonomy. HP is suing Lynch and a former colleague for more than $5 billion over their management of Autonomy
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