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Friday, March 7, 2014

Technology Report: Man who sued Facebook's Zuckerberg must face fraud charges: judge

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03/7/2014
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
Man who sued Facebook's Zuckerberg must face fraud charges: judge
NEW YORK (Reuters) - A New York businessman must face criminal fraud charges for trying to claim a billion-dollar stake in social media company Facebook Inc, a federal judge ruled on Friday.
In twist, Mexico says Slim's non-telecoms firms dominant in telecoms
MEXICO CITY (Reuters) - Mexico's telecoms regulator on Friday declared two of billionaire Carlos Slim's major financial and industrial companies "dominant" in telecommunications, but has yet to slap the tag on Slim's flagship telecoms company.
UK court ruling may prompt more scrutiny of Amazon tax plans
LONDON (Reuters) - Amazon's tax affairs could come under more scrutiny in Britain, tax experts said, after a judge questioned whether it really was organized in the tax efficient way it said it was.
Suspected Russian spyware Turla targets Europe, United States
LONDON/BOSTON (Reuters) - A sophisticated piece of spyware has been quietly infecting hundreds of government computers across Europe and the United States in one of the most complex cyber espionage programs uncovered to date.
Germany to invest proceeds from frequency sales in broadband
BERLIN (Reuters) - German Infrastructure Minister Alexander Dobrindt said on Friday Berlin will invest the proceeds of planned sales of frequency bands to mobile telephone services in broadband infrastructure expansion.
Elite security posse fostered founders of WhatsApp, Napster
SAN FRANCISCO (Reuters) - A few days after selling WhatsApp to Facebook for $19 billion, Jan Koum stepped into a suite at the St. Regis Hotel in San Francisco to celebrate with old friends, including CEOs, reformed hackers and a few people who fell into both those camps.
Baidu-led partnership applies for China banking license
BEIJING (Reuters) - Baidu Inc has formed a partnership to apply for a private banking license, as China's biggest search engine provider moves from acting as a store front for money market funds to a certified financial institution.
boohoo.com valued at 560 million pounds in London listing
LONDON (Reuters) - British online fashion retailer boohoo.com will list on London's AIM market next week with a market capitalization of 560 million pounds ($936 million) after tapping into current investor appetite for internet retail stocks.
A week after Mt. Gox collapse, Japan struggles to understand bitcoin
TOKYO (Reuters) - A week after the collapse of Mt. Gox, Japan is still struggling to craft a response to the bitcoin phenomenon, saying the crypto-currency is not legal tender, though it might be taxable and subject to money-laundering controls.
Man called Bitcoin's father denies ties, leads LA car chase
TEMPLE CITY, California (Reuters) - A Japanese American man thought to be the reclusive multi-millionaire father of Bitcoin emerged from a modest Southern California home and denied involvement with the digital currency before leading reporters on a freeway car chase to the local headquarters of the Associated Press.
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