The Bitcoin-trading website Mt.Gox was taken offline, putting at risk millions of dollars put there by investors who gambled on the digital currency. The exchange also deleted all of its tweets, and Mt.Gox CEO Mark Karpeles resigned from the Bitcoin Foundation's board of directors.
A U.S. district court in Utah has frozen the assets of several Internet business coaches accused of lying to customers about their potential earnings after signing up for the services, the Federal Trade Commission said. The companies are Essent Media LLC, Net Training LLC, YES International, Coaching Department, and Apply Knowledge, the FTC said in a statement.
U.S. technology giant Apple is suing a Chinese government agency and a domestic company over patent rights for its "Siri" personal assistant, the official Xinhua news agency said Monday. Apple launched the case against the State Intellectual Property Office, which is in charge of patent rights protection in China, and Shanghai's Zhizhen Network Technology, which developed software similar to Siri, the report said.
Cyber criminals have infected hundreds of thousands of computers with a virus called "Pony" to steal bitcoins and other digital currencies, in the most ambitious cyber attack on virtual money uncovered so far, according to security firm Trustwave. Trustwave said that it has found evidence that the operators of a cybercrime ring known as the Pony botnet have stolen some 85 virtual "wallets" that contained bitcoins and other types of digital currencies.
The hackers who raided the credit-card payment system of Neiman Marcus Group set off alerts on the company’s security systems about 60,000 times as they slunk through the network, according to an internal company investigation. The hackers moved unnoticed in the company’s computers for more than eight months, sometimes tripping hundreds of alerts daily because their card-stealing software was deleted automatically each day from the Dallas-based retailer’s payment registers and had to be constantly reloaded.
Netflix Inc. has agreed to pay Comcast Corp. to ensure Netflix movies and TV shows stream smoothly to Comcast customers, a landmark agreement that could set a precedent for Netflix's dealings with other broadband providers, people familiar with the situation said. In exchange for payment, Netflix will get direct access to Comcast's broadband network, the people said.
Last year's revelations over the U.S. tapping of phone and internet data gave telecoms firms pause for thought over whether they should sell their "big data" for gain, but the commercial potential could prove irresistible. Although figures are scarce, analysts think selling data on mobile users' locations, movements, and web browsing habits may grow into a multi billion-dollar market for the business.
The White House announced steps designed to reduce frivolous patent lawsuits by trying to make it easier to identify who owns patents and by updating review processes to ensure that fewer weak patents are granted. Major technology companies such as Google Inc. and Apple Inc. have for years sought protection against companies that typically do not invent anything, but instead buy or license patents from others and then extract licensing fees or file infringement lawsuits.
BlackBerry Ltd's patent claims related to an attachable keyboard accessory for Apple Inc's iPhones don't comply with legal requirements for patentability, Typo Products LLC said in a court filing. BlackBerry sued Typo last month, saying its physical keyboard that can be attached to some of Apple's iPhone models infringes patents.
The names and Social Security numbers of more than 309,000 students and staff from the University of Maryland, dating back to 1998, were stolen in a "sophisticated" security attack that penetrated recently bolstered defenses, the school’s president announced. President Wallace Loh apologized for what was one of the largest single data breaches suffered by a university in the last decade.
Aereo, which sends broadcast television signals to consumers via the Internet, will have to shut down its operations in Utah and Colorado thanks to a ruling by the U.S. District Court in Utah. The ruling, which covers the 10th Circuit, grants a request for preliminary injunction against Aereo that was sought by Fox Broadcasting Co. and other TV station owners.
Israel's main power company opened a cyber "war room" to defend its systems around the clock from hackers. Technicians at Israel Electric will monitor as many as 400 million cyber-attacks and hacking attempts a day.
From a campaign to "unfollow" President Abdullah Gul on Twitter to an opposition appeal to Turkey's highest court, Turks vented their anger at a new law tightening government control of the Internet. Gul approved the legislation, which will let the authorities block web pages within hours and collect data such as users' browsing histories, bolstering Prime Minister Tayyip Erdogan but raising renewed concerns about free speech.
A New Zealand appeals court has delivered a legal setback to Kim Dotcom, the Internet entrepreneur fighting the U.S.'s largest ever copyright case, overturning a decision by a lower court that search warrants used to gather information in the case against him were invalid. The country's Court of Appeal said the warrants used to seize some 135 electronic items from Mr. Dotcom, the German founder of online storage site Megaupload.com, and his associate Bram van der Kolk more than two years ago were lawful.
The chairman of the Federal Communications Commission will propose new rules to encourage equal access to the web, by pushing Internet providers to keep their pipelines free and open. The proposal on so-called net neutrality, to be introduced by Tom Wheeler, the chairman of the commission, will prohibit broadband companies from blocking any sites or services from consumers.
Barack Obama has once again reiterated his commitment to network neutrality, offering support to the FCC after a legal defeat last month. In response to a White House petition, Obama laid out a message that's more concrete than his previous statements, which affirmed his belief in the FCC's work but refrained from making specific suggestions.
Iran's infiltration of a Navy computer network was far more extensive than previously thought, according to officials, and the officer who led the response will likely face questions about it from senators weighing his nomination as the next head of the embattled National Security Agency. It took the Navy about four months to finally purge the hackers from its biggest unclassified computer network, according to current and former officials.
French aerospace engine maker Snecma, a unit of Safran, was attacked by hackers who exploited a vulnerability in Microsoft Corp's Internet Explorer, according to a computer security researcher. It was not clear how successful the hackers had been in their efforts to breach Snecma's network, according to the researcher, who has studied malicious software and infrastructure used by the hackers.
The National Security Agency and the UK's Government Communications Headquarters targeted WikiLeaks and Pirate Bay -- and ultimately users of those sites as well, according to leaked files. Examining a series of classified documents leaked by whistle-blower Edward Snowden, news site The Intercept reported that the NSA wanted to deem WikiLeaks a "malicious foreign actor."
New Jersey is awash in advertising for its new, online gambling universe, which has come alive since November’s soft launch. As of Jan. 31, a total of 197,782 accounts had been created -- a 27 percent jump since mid-January, according to the New Jersey Division of Gaming Enforcement.
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