By Nate Raymond and Jonathan Stempel NEW YORK (Reuters) – A divided federal appeals court on Tuesday upheld a judge's ruling that Apple Inc had conspired with five publishers to increase e-book prices, in a win for the U.S. Justice Department
Read moreWASHINGTON (Reuters) – President Barack Obama touted his new proposal to increase the number of workers eligible for overtime pay on Monday, saying on Twitter “a hard day's work deserves a fair day's pay.” The Department of Labor proposal would make nearly 5 million more workers eligible for overtime pay, a move that could face legal challenges. (Reporting By Julia Edwards; Editing by Bill Trott)
Read more(Reuters) – Amazon.com Inc launched its one-hour order delivery service, Prime Now, for some areas of London on Tuesday, about six months after introducing the service in the United States. Amazon Prime members can have orders worth 20 pounds ($31.43) or more delivered in one hour for a fee of 6.99 pounds, the company said on its UK website on Tuesday.
Read moreBy Saqib Iqbal Ahmed NEW YORK (Reuters) – Dick Costolo's decision to step down as Twitter Inc's chief executive last week failed to stem the weeks-long slide in the company's shares, but options traders appear to be betting on a near-term rebound. The stock has shed more than a third of its value since Twitter reported first-quarter results in April
Read moreBy Lauren Tara LaCapra NEW YORK (Reuters) – Dataminr Inc, a technology company that alerts traders, government officials and journalists to important tweets, has lost its chief financial officer. The abrupt departure of Tania Secor, who had been CFO since November 2013, comes a few months after the company raised a third round of funding from high-profile investors, valuing the company at $700 million.
Read moreSwiss authorities have searched a house in Geneva and seized computer material in connection with a possible cyber attack on nuclear negotiations between Iran and major powers in the city, Switzerland’s attorney-general said on Thursday. A computer virus was used to hack into locations including three luxury hotels that have hosted negotiations between Iran and six world powers, the Russian computer security company Kaspersky Lab said on Wednesday
Read moreBy Barbara Goldberg NEW YORK (Reuters) – United Airlines apologized on Wednesday to a Muslim chaplain who said she was denied an unopened can of soda on an affiliated U.S. domestic flight by an attendant who said it could be used as a weapon. United launched an investigation after Northwestern University associate chaplain Tahera Ahmad complained about the incident last week aboard a flight from Chicago to Washington that was operated by Shuttle America for United.
Read moreBy Nate Raymond NEW YORK (Reuters) – The accused mastermind behind the Silk Road underground website was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. Ross Ulbricht, 31, was sentenced by U.S. District Judge Katherine Forrest in Manhattan after a federal jury in February found him guilty of charges including distributing drugs through the Internet and conspiring to commit computer hacking and money laundering
Read moreNEW YORK (Reuters) – The accused mastermind behind the underground website Silk Road was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin.
Read moreBy Nate Raymond NEW YORK (Reuters) – The accused mastermind behind the underground website Silk Road will be sentenced on Friday for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin.
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