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Monday, July 15, 2013

Technology Report: Researchers hack Verizon device, turn it into mobile spy station

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07/15/2013
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
Researchers hack Verizon device, turn it into mobile spy station
NEW YORK (Reuters) - Two security experts said they have figured out how to spy on Verizon Wireless mobile phone customers by hacking into devices the U.S. carrier sells to boost wireless signals indoors.
Kabam says valuation climbs to $700 million with employee stock sale
SAN FRANCISCO (Reuters) - Privately held mobile games maker Kabam is on track for 65 percent higher revenue of $300 million this year, and its employees have put up $38.5 million of stock for sale in a deal that puts its valuation at $700 million, the company said on Monday.
Google's Greater China president steps down
BEIJING (Reuters) - Google Inc said on Monday that its vice-president and Greater China president, Liu Yun, has stepped down to pursue other opportunities.
Apple to probe death of Chinese woman who used iPhone when it was charging
SINGAPORE (Reuters) - Apple Inc is investigating an accident in which a Chinese woman was killed by an electric shock when answering a call on her iPhone 5 while it was charging, the U.S. technology company said on Monday.
Ex-Microsoft executive, ex-McDonald's CEO join HP board
SAN FRANCISCO/NEW YORK (Reuters) - Hewlett-Packard Co on Monday appointed three big-name directors, including former Microsoft Corp software chief Raymond Ozzie and former McDonald's Corp Chief Executive James Skinner, as the struggling PC maker searches for a chairman and addresses top-level stumbles of past years.
Insight: Apple controversy lays bare complex Irish tax web
DUBLIN (Reuters) - Occupying a single floor of a three-storey building in a suburban Dublin office park, Western Union's offices are notably modest for the international headquarters of the world's largest money transfer firm.
AT&T to pay hefty $1.2 billion for Leap in latest telco deal
NEW YORK (Reuters) - AT&T Inc will buy Leap Wireless International Inc for $1.19 billion, paying almost double the current value of the prepaid mobile service provider as major U.S. carriers scramble to acquire valuable wireless spectrum.
Software maker E2open plans more revenue, less BlackBerry
(Reuters) - Supply chain management software maker E2open Inc expects its revenue to hit $100 million for the first time next fiscal year, after replacing its dependence on BlackBerry Ltd and PC makers with a host of new customers.
Disney film units settle Silicon Valley anti-poaching lawsuit
SAN FRANCISCO (Reuters) - Walt Disney Co's Lucasfilm Ltd and Pixar units have settled a lawsuit accusing them and other technology companies of conspiring not to poach each others' employees, resolving their part in a case that involves some of Silicon Valley's biggest names.
Preview: Nokia's buyout chances in focus ahead of results
HELSINKI (Reuters) - Next week could be crunch time for Nokia Oyj and its Chief Executive Stephen Elop in their battle to prove the Finnish mobile phone company can survive on its own.
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