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Monday, August 4, 2014

Technology Report: LinkedIn to pay nearly $6 million in U.S. Labor Department settlement

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08/4/2014
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LinkedIn to pay nearly $6 million in U.S. Labor Department settlement
WASHINGTON (Reuters) - LinkedIn Corp has agreed to pay nearly $6 million to more than 350 current and former employees after a U.S. Department of Labor investigation found the online career-networking company violated the country's wage law.
Symantec says its products not banned in China
(Reuters) - U.S. security software maker Symantec Corp said its products are not banned by the Chinese government after Chinese media reported that the government's procurement agency has excluded the company from a list of approved anti-virus vendors.
HP, Autonomy trade barbs as lawsuit against ex-CFO looms
(Reuters) - Hewlett-Packard Co said it would sue former Autonomy Chief Financial Officer Sushovan Hussain as he seeks to block HP's settlement of three shareholder lawsuits over its troubled purchase of the British software company.
China regulator says Microsoft should not obstruct anti-trust probe
BEIJING (Reuters) - Microsoft Corp should not obstruct an anti-trust investigation by Chinese regulators, the State Administration for Industry and Commerce (SAIC) said on Monday, the latest shot fired by China's government at the U.S. software giant.
Hacker says to show passenger jets at risk of cyber attack
BOSTON (Reuters) - Cyber security researcher Ruben Santamarta says he has figured out how to hack the satellite communications equipment on passenger jets through their WiFi and inflight entertainment systems - a claim that, if confirmed, could prompt a review of aircraft security.
Same-day travel apps cater to last-minute travelers
TORONTO (Reuters) - Procrastinating travelers who find it difficult to plan trips in advance could find some spontaneity and even bargains with last-minute travel apps to book flights and hotel rooms.
Two more talks pulled from Black Hat hacking conference
BOSTON (Reuters) - Security researchers have pulled two scheduled talks in this week's Black Hat internet-security conference in Las Vegas - one on breaking into home-alarm systems and the other on a sophisticated Russian espionage campaign known as "Snake."
Iliad may face tough battle cutting costs at T-Mobile
WASHINGTON (Reuters) - French telecoms firm Iliad will be hard-pressed to meet its goal of generating $2 billion in additional annual operating profit at T-Mobile US Inc by cutting costs and slashing prices if its takeover bid is accepted, analysts said.
Electronics giant Panasonic wants Singaporeans to eat its veg
SINGAPORE (Reuters) - Japan's Panasonic Corp, best known for its television sets and home theater systems, wants to feed Singaporeans its radishes and lettuce.
Who wants to be a billionaire? SoftBank academy vets Japan entrepreneurs
TOKYO (Reuters) - If Masayoshi Son, the billionaire founder and CEO of SoftBank Corp needs a fresh strategy to fend off a surprise French counterbid for a prized U.S. telecoms target, he could do worse than ask budding entrepreneurs at the SoftBank Academia.
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