A New York State appeals court judge on Friday temporarily suspended an order that would have required daily fantasy sports companies FanDuel and DraftKings to stop operating in the state. The short-term stay, issued in an emergency appeal filed by the companies on Friday, allows the companies to do business in New York until at least Jan.
Read moreBy Dustin Volz WASHINGTON (Reuters) – More than a million victims of a massive hack of U.S. government computer files have still not been officially notified that their data was compromised and that they are eligible for free credit-monitoring protection, officials said on Friday.
Read more(Reuters) – Alphabet Inc said it would consider bringing its Fiber internet service to Los Angeles and Chicago, the two biggest cities the tech giant has worked with so far for the super-fast web service.
Read moreBy Angela Moon and Eleanor Whalley NEW YORK (Reuters) – The website for Trump Towers, Donald Trump's glitzy signature skyscraper in Manhattan, went offline for at least an hour on Friday after activist hacking group Anonymous denounced the real-estate mogul and Republican presidential front-runner for his anti-Muslim comments. The website for the 68-story Trump Towers (trumptowerny.com), often used for his presidential campaign, was down after a tweet from an account associated with the anonymous hacking collective that said: “Trump Towers NY site taken down as statement against racism and hatred.www.trumptowerny.com/(what you see is cloudflare offline backup)” Earlier this week, a handle claiming to be “Anonymous Operations” posted a video on YouTube with the message: “The more the United States appears to be targeting Muslims, not just radical Muslims, you can be sure that ISIS will be putting that on their social media campaign.” The post added, “Donald Trump think twice before you speak anything.
Read more
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.
Read more
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.
Read more
By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Mark Zuckerberg will put 99 percent of his Facebook Inc shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter. The plan, which was posted on the Facebook founder and chief executive officer's page, attracted more than 570,000 “likes,” including from singer Shakira, former California Governor Arnold Schwarzenegger and Melinda Gates, wife of Microsoft founder Bill Gates
Read more(Reuters) – Facebook Inc said it would launch a satellite in partnership with France's Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The satellite, part of Facebook's Internet.org platform to expand internet access mainly via mobile phones, is under construction and will be launched in 2016, the companies said on Monday.
Read moreCITIC Securities Co Ltd, China’s biggest brokerage, will partner with boutique investment bank China Renaissance to provide M&A, restructuring and initial public offering-related services for Internet companies. Well-connected local firms like China Renaissance are seeing a boom as entrepreneur-driven private businesses, particularly in the technology sector, overtake state-owned companies to drive investment banking revenues in China.
Read moreChina will accelerate development of its high-speed broadband networks to raise Internet speeds and cut prices, long bugbears in a country where many people still have no access to the web. Telecoms firms should make rapid moves to cut prices and increase urban broadband speeds by around 40 percent, according to a statement issued late on Wednesday by China's State Council, the country's cabinet. China's investment in broadband could benefit global network equipment makers such as Ericsson and Nokia Oyj's Alcatel-Lucent, as well as home-grown players like Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp.
Read more