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Thursday, May 9, 2013

Technology Report: U.S. charges eight in $45 million cyber crime scheme

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05/9/2013
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U.S. charges eight in $45 million cyber crime scheme
NEW YORK (Reuters) - Individuals employed around the world by a sophisticated cyber crime ring stole $45 million from thousands of bank automated teller machines within a matter of hours, using hacked debit-card data, U.S. prosecutors said on Thursday.
YouTube starts paid subscription service
(Reuters) - Google's YouTube video service is dipping its toe into pay television by starting on Thursday a subscription service with 30 content creators, including children's programmers Sesame Street and Muppet creator The Jim Henson Co, and the Ultimate Fighting Championship.
UK lawmakers set date for Google, Ernst & Young tax grilling
LONDON (Reuters) - A panel of UK lawmakers will next week grill representatives from Google Inc and its auditor Ernst & Young, following a Reuters report which highlighted inconsistencies in Google's statements about its UK activities.
Ergen says Dish must prevail in bidding war for Sprint
(Reuters) - Acquiring Sprint Nextel is so important to Dish Network Corp founder and Chairman Charlie Ergen that he said on Thursday he may have to put the satellite TV company up for sale unless it prevails in its bidding war for Sprint with Japan's SoftBank Corp.
Barnes & Noble shares soar on Microsoft report
(Reuters) - Shares in Barnes & Noble Inc soared 22 percent on Thursday after a report that Microsoft Corp is considering an offer to acquire the tablet and e-book business of B&N's Nook Media unit.
Huawei's CEO breaks silence, says company not connected to U.S. cyber threats
(Reuters) - Ren Zhengfei, founder and CEO of Huawei Technologies Co Ltd, defended the Chinese firm's stand on U.S. cyber-security concerns when he spoke to the media for the first time on Thursday, lifting a veil of secrecy surrounding the elusive executive.
Network gear maker Cyan recoups losses in debut
(Reuters) - Optical network equipment supplier Cyan Inc recovered early losses on its heavily traded market debut as investors look to its ability to reduce dependence on a single customer.
Facebook in talks to buy Israel's Waze for up to $1 billion: report
TEL AVIV (Reuters) - Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.
AT&T launches new brand Aio for prepaid phone service
NEW YORK (Reuters) - AT&T Inc has set up a subsidiary to offer prepaid wireless services under the Aio Wireless brand, as the No. 2 U.S. mobile service provider looks to compete better with smaller rivals such as T-Mobile US Inc and Sprint Nextel Corp, the company said on Thursday.
AT&T cuts "Facebook phone" price to 99 cents, weeks after launch
NEW YORK (Reuters) - AT&T Inc has cut the price of the HTC First phone, which is preloaded with Facebook Inc applications, to 99 cents from $99.99 less than a month after the phone's launch.
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