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Friday, March 28, 2014

Technology Report: SEC says shuts cloud computing scam targeting Asians, Hispanics

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03/28/2014
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SEC says shuts cloud computing scam targeting Asians, Hispanics
(Reuters) - The U.S. Securities and Exchange Commission on Friday said it has shut down a worldwide pyramid scheme that falsely promised fast gains to tens of thousands of Asian-American, Hispanic and foreign investors from cloud computing services.
BlackBerry loss less than feared, but revenue plunge worries
TORONTO (Reuters) - BlackBerry Ltd reported a smaller-than-expected loss on Friday as new chief executive John Chen slashed costs, but a 64 percent drop in revenue underscored the challenge he faces in turning around the struggling smartphone maker.
Amazon.com says not planning free TV service
SAN FRANCISCO (Reuters) - Amazon.com Inc has no plan to offer a free streaming TV service, a spokeswoman said on Friday following a report that the online retailer might turn up the heat against Netflix and Hulu.
French watchdog calls for more transparent SFR bid talks
PARIS (Reuters) - French market regulator AMF has asked Vivendi, cable firm Numericable, its parent Altice and rival bidder Bouygues for more transparency in their talks over a takeover of Vivendi's telecom unit SFR.
Mexico regulator probes internet market after monopoly complaint
MEXICO CITY (Reuters) - Mexico's new telecommunications regulator IFT said on Friday it had opened a probe into possible monopolistic practices in the country's internet services market following a complaint, the federal government's official gazette said.
Chairman candidate says Telecom Italia must act as true public company
MILAN (Reuters) - Giuseppe Recchi, the frontrunner to become chairman of Telecom Italia, said Italy's largest telecoms group by market value must act as a true public company and as chairman he would represent all shareholders equally.
Italy sells Jaguars, Maseratis on eBay to cut costs
ROME (Reuters) - Italy's government is selling off scores of official cars including Jaguars and Maseratis, on online auction site eBay, as it strives to show it is responding to public pressure to cut spending and the privileges of the powerful.
Journalists, media under attack from hackers: Google researchers
SINGAPORE (Reuters) - Twenty-one of the world's top-25 news organizations have been the target of likely state-sponsored hacking attacks, according to research by two Google security engineers.
GN Store Nord's iPhone hearing aid boosts U.S. customer base
COPENHAGEN (Reuters) - Danish hearing aids group GN Store Nord has seen a jump in its U.S. costumer base following the launch of a new product developed jointly with Apple for the iPhone, the company told analysts at an industry conference in Orlando.
Sony names new chief financial officer, Masaru Kato to step down
TOKYO (Reuters) - Sony Corp, which is struggling to bring its electronics division into the black, said on Friday it would appoint Kenichiro Yoshida as new chief financial officer on April 1, replacing Masaru Kato.
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