Kaspersky security shakes up U.S. leadership amid geopolitical concerns

Top Russian cybersecurity company Kaspersky Lab has recently lost the leader of its North American operations and the head of a Washington-area office as it struggles to win U.S. government contracts amid rising geopolitical mistrust. Company Chief Executive Eugene Kaspersky confirmed the changes in an interview with Reuters during a visit to China

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Sony to pay up to $8 million in ‘Interview’ hacking lawsuit

Sony Pictures Entertainment Inc has agreed to pay up to $8 million to resolve a lawsuit by employees who claimed their personal data was stolen in a 2014 hacking tied to the studio's release of a comedy set in North Korea, “The Interview.” The settlement with the Sony Corp unit and current and former employees was disclosed in papers filed on Monday in federal court in Los Angeles. Under the deal, Sony will pay up to $2.5 million, or $10,000 per person, to reimburse employees for identity theft losses and up to $2 million, or $1,000 per person, to reimburse them for protective measures they took after the cyber attack. Sony has also agreed to pay up to $3.49 million to cover legal fees and costs, according to court papers.

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Cheap robots may shift car making from China to U.S.: Magna CEO

The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters. Rising wages in China and the cost of importing heavy components like electric car batteries into Europe may lead established car makers to introduce more highly efficient automated manufacturing closer to home, Walker told Reuters in an interview at the Frankfurt auto show. “If you have a high labor, easy-to-ship part, it has already gone, for the most part, to a low-cost jurisdiction,” Walker said about the evolution of assembly work in the car manufacturing business

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Faux candidate Deez Nuts polls nine percent in Clinton-Trump match-up

A fake U.S. presidential candidate named Deez Nuts, reported to be the creation of an Iowa teenager, has stirred a social media frenzy by polling nearly 10 percent of registered North Carolina voters in a hypothetical match-up against Hillary Clinton and Donald Trump. A statement of candidacy on behalf of the fictional 2016 White House hopeful, listing him as an independent, was filed on July 26 with the U.S.

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Amazon hires Iberdrola to build wind farm for cloud data

Online store Amazon said it has contracted Spanish utility Iberdrola to build and manage a wind farm in North Carolina, United States, to power its current and future cloud data centers. Amazon affiliate Amazon Web Services (AWS) said on Monday the wind farm would be operational by December of next year, putting it on track to surpass a goal for 40 percent its electrical grids to be powered by renewable energy by end-2016

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Digital Ally shares rise in wake of South Carolina shooting

Shares of digital video and surveillance technology firm Digital Ally rose on Wednesday in heavier-than-average trading, after a white police officer was caught on video fatally shooting a 50-year-old black man in South Carolina. While the recording of the South Carolina shooting was captured by a bystander on an unspecified device, many view the body cameras made by Digital Video as a means of increasing law-enforcement accountability. The company also received heavy interest last year in the aftermath of the fatal shooting by a police officer of an unarmed black teenager in Ferguson, Missouri.

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Australian documentary unspools race riots dating back to 19th century

By Pauline Askin SYDNEY (Reuters) – A racist flare-up in a beachside Sydney suburb hit the global spotlight nine years ago, besmirching Australia's reputation as a sun-drenched oasis wooing migrants from around the world. A TV documentary attempts to show the alcohol-fueled riots of December 2005 were not an aberration and that racial tension in Australia had simmered long before the Cronulla Beach incident pitted white surfers against ethnic Lebanese youths. “The Great Australian Race Riot” documents nine major riots since the mid-19th century, beginning with sectarian violence between Irish Catholics and British Protestants living in Melbourne that led to bloodshed on city streets in 1846.

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Growth in hiring business drives LinkedIn revenue beat

LinkedIn's hiring business has been thriving, clocking revenue growth of nearly 50 percent in each of the last three quarters, helped by rapid expansion in international markets such as China. “In the fourth-quarter, more than 75 percent of new members came to LinkedIn from outside the United States,” Chief Executive Jeff Weiner said on a post-earnings call. The company added 3,000 new customers to its hiring business in the quarter, Chief Financial Officer Steve Sordello said.

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