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Tuesday, February 25, 2014

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Technology Report: Bitcoin exchange Mt. Gox goes dark in blow to virtual currency

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02/25/2014
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
Bitcoin exchange Mt. Gox goes dark in blow to virtual currency
TOKYO/ST LOUIS (Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point" but gave no details.
Apple issues fix for glaring security flaw on Mac computers
SAN FRANCISCO (Reuters) - Apple Inc has issued fixes for a security flaw in its Macintosh computers that allows hackers to intercept data such as email, patching a major and embarrassing glitch that came to light several days ago.
House oversight panel seeks documents on Target breach
WASHINGTON (Reuters) - A House of Representatives committee with broad investigative jurisdiction has turned up the heat on Target Corp, demanding that the No. 3 U.S. retailer turn over internal documents and messages describing how and when it learned of a recent massive consumer data breach.
Zynga wins dismissal of fraud lawsuit linked to IPO
(Reuters) - Zynga Inc has won the dismissal of a lawsuit in which shareholders accused the online gaming company of fraudulently misleading them about its financial and business prospects before and after its December 2011 initial public offering.
Slim closes in on pact to secure Telekom Austria
VIENNA (Reuters) - Carlos Slim's America Movil and the Austrian government are moving towards a deal to pool their stakes in Telekom Austria, which would lead to a takeover offer and mark a further step in the Mexican tycoon's expansion in Europe.
Cloud storage firm Box taps ex-Symantec CEO for mobile security
SAN FRANCISCO (Reuters) - Fast-growing cloud storage firm Box, which could go public as soon as 2014, has asked former Symantec CEO Enrique Salem to help it adapt its security infrastructure to a sharp rise in smartphone and tablet use in the workplace.
Exclusive: Google sets roadblocks to stop distracted driver legislation
SAN FRANCISCO (Reuters) - Google is lobbying officials in at least three U.S. states to stop proposed restrictions on driving with headsets such as Google Glass, marking some of the first clashes over the nascent wearable technology.
Recent hacks spur new company cyber spending: survey
LONDON (Reuters) - Almost 60 percent of top firms in the United States, Canada, Britain and Australia have boosted their spending on cyber defenses following the theft of data of millions of customers from U.S. retailer Target and other big companies, a report said on Tuesday.
France's Orange talks to Microsoft over Dailymotion tie-up
PARIS (Reuters) - Orange said on Tuesday it was in talks with Microsoft over a possible tie-up with its video-sharing website Dailymotion, nearly a year after discussions with Yahoo collapsed following state opposition.
BlackBerry to offer revamped mobile device management tool
TORONTO (Reuters) - BlackBerry Ltd plans to launch a new tool for business and government customers to manage mobile devices on their networks, part of a drive by the one-time smartphone pioneer to focus on its profitable enterprise or services business.
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