Career News 24/7: Technology Report: FTC approves final settlement with Facebook over privacy issues

Friday, August 10, 2012

Technology Report: FTC approves final settlement with Facebook over privacy issues

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08/10/2012

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

FTC approves final settlement with Facebook over privacy issues

WASHINGTON (Reuters) - The Federal Trade Commission on Friday gave the final approval to a settlement of federal charges reached last year over Facebook Inc deceiving consumers and forcing them to share more personal information than they had intended.

Exclusive: Loeb backs Yahoo's Alibaba cash move - source

SAN FRANCISCO (Reuters) - Yahoo Inc board member and activist hedge fund manager Dan Loeb was supportive of the decision allowing Chief Executive Marissa Mayer to re-evaluate plans for the cash it gets for selling a portion of its Alibaba Group stake, according to a source familiar with the board's thinking.

Courtroom tension boils in Apple-Samsung showdown

SAN JOSE, California (Reuters) - It was the end of a long week in court in the Apple-Samsung legal war, and Samsung attorney John Quinn was trying to block his adversary, Apple attorney Bill Lee, from showing the jury a document.

Hon Hai, Sharp say tie-up talks ongoing, statement at later date

TAIPEI (Reuters) - Taiwan's Hon Hai Precision Industry said a planned joint statement about a renegotiated tie-up plan with struggling Japanese TV maker Sharp Corp would likely be delayed until late this month to accommodate Japan's holiday season.

VanceInfo, HiSoft to merge to create China outsourcing leader

(Reuters) - VanceInfo Technologies Inc and smaller rival HiSoft Technology International Ltd agreed to merge to create what they said would be the largest China-based offshore IT services provider by revenue.

Google pays $22.5 million to settle Apple Safari charges

WASHINGTON (Reuters) - Google Inc will pay $22.5 million to settle charges it bypassed the privacy settings of customers using Apple Inc's Safari browser, the U.S. Federal Trade Commission said on Thursday.

U.S. lobbyist severs ties with Chinese telecom ZTE

(Reuters) - A former U.S. lawmaker who lobbied for China's second largest telecommunications-equipment maker, ZTE Corp, severed ties with the company last month after reports that the FBI is investigating ZTE for allegedly selling banned computer equipment to Iran, according to a lobbying disclosure report.

IBM made "informal approach" for RIM'S enterprise business: report

(Reuters) - International Business Machines Corp has considered buying Research In Motion's enterprise division, Bloomberg reported On Friday, citing two unnamed sources.

U.S. judge backs RIM in patent dispute with Mformation

TORONTO (Reuters) - A U.S. judge has overturned a $147.2 million jury award against Research in Motion Ltd, ruling that the BlackBerry maker has not infringed a Mformation Technologies Inc patent covering a remote management system for wireless devices.

Virus found in Mideast can spy on bank transactions

BOSTON (Reuters) - A new cyber surveillance virus has been found in the Middle East that can spy on banking transactions and steal login information for social networking sites, email and instant messaging, according to a leading computer security firm, Kaspersky Lab.