Facebook Inc and its photo sharing subsidiary, Instagram, will delete posts offering to buy or sell guns without background checks, Facebook announced. In an effort to curb what gun control advocates say is the increasing use of the social networks to circumvent checks and controls on firearms sales, Facebook and Instagram will also bar users under 18 from viewing gun offers posted by individuals or groups.
Gen. Keith B. Alexander, the director of the National Security Agency, said that the leaks by the former agency contractor Edward J. Snowden had slowed the effort to protect the country against cyberattacks on Wall Street and other civilian targets. General Alexander was speaking at a conference at Georgetown University in one of his last public speeches before he leaves the agency this spring.
Bitcoin bank Flexcoin said it was closing down after it lost bitcoins worth about $600,000 to a hacker attack. Flexcoin said in a message posted on its website that all 896 bitcoins stored online were stolen on Sunday.
The movie "12 Years a Slave" swept the Academy Awards on Sunday and apparently it's also now sweeping movie download sites. According to TorrentFreak, the number of people illegally sharing the movie tripled the day after it won the Oscar for best picture.
More than 400 people have signaled they would join a class action against Mt. Gox, the world's biggest marketplace for the digital currency bitcoin before its abrupt collapse, British-based law firm Selachii said. It would be the latest effort to try to recoup some of the $480 million in losses that Mt. Gox has blamed on a hacking attack that drove it into bankruptcy.
Ukraine's telecommunications system has come under attack, with equipment installed in Russian-controlled Crimea used to interfere with the mobile phones of members of parliament, the head of Ukraine's SBU security service said. "I confirm that an IP-telephonic attack is under way on mobile phones of members of Ukrainian parliament for the second day in row," Valentyn Nalivaichenko told a news briefing.
The Japanese government will set rules for trading bitcoins, defining the virtual tender not as a currency but as a commodity akin to gold. Gains from trading bitcoins on online exchanges, and purchases made with them will be subject to Japanese tax.
In what seems like a huge overreaction, a Belgian magistrate wants to protect consumers from misinformation by blocking access to Apple’s website across Belgium. The European Union requires that sellers like Apple provide a minimum two-year free warranty on all consumer electronics products (for Apple, this would include iPods, iPhones, Apple TVs, and iPads). Yet, Apple only informs its customers that it will cover a free one-year warranty — even though the company will still honor a second year per EU regulations — and urges consumers to purchase an extended AppleCare warranty they may not need.
If you received an ominous message from Twitter telling you to reset your password, don't be alarmed. Despite what the message says, your account probably wasn't hacked.
Cybercrime is the second most common type of fraud reported by financial firms, more than double the level across other industries, as criminals turn increasingly to technology as their main weapon against banks, a survey showed. Some 39 percent of financial services companies that suffered from economic crime last year said they had been hit by cybercrime, compared to 17 percent in other industries, according to the survey by consultancy PwC.
The Department of Justice is siding with broadcasters in their legal fight against Aereo, the start-up service that streams local television signals to consumers via the Internet. In a brief filed at the Supreme Court, the department said Aereo is "clearly infringing" on the copyrights of the broadcasters whose content it is streaming without permission, and said a lower court ruling declaring the service legal should be reversed.
Young tech companies that don't make data security a priority are rushing to improve their products after breaches and holes were discovered. “There’s so much focus on acquiring customers and delivering products and services that security is not top of mind,” said Tripp Jones, a partner at August Capital, a Silicon Valley venture capital firm.
Google Inc. and Samsung Electronics Co. joined Chinese mobile phone makers in expressing concern to China that Microsoft Corp.’s bid to take over Nokia Oyj’s phone business may result in higher patent licensing fees, two government officials familiar with the matter said. Google and Samsung asked China’s Ministry of Commerce to make sure that the 5.44 billion euro ($7.5 billion) bid doesn’t result in higher fees on wireless technology patents that will remain with Nokia, the two officials said, asking not to be identified because the request wasn’t made public.
Social networking website Meetup.com is fighting a sustained battle against cyber attackers who are demanding only $300 to call off a campaign that has kept the site offline for much of the past four days. A Meetup blog said that the company was a victim of a distributed denial of service (DDoS) campaign, a type of attack that knocks websites offline by overwhelming them with incoming traffic.
The former head of a private preparatory school in Miami, Florida is out an $80,000 discrimination settlement after his daughter boasted about it on Facebook. Patrick Snay, 69 -- the former head of Guillver Preparatory School -- filed an age discrimination complaint when his 2010-11 contract wasn't renewed.
The recent loss of nearly a half-billion dollars from a major bitcoin exchange is forcing U.S. regulators to confront burgeoning questions about their authority -- and responsibility -- to oversee the fledgling virtual currency. So far, U.S. financial regulators have avoided stepping into the fray, but they are trying to determine whether their oversight extends to bitcoin, according to government officials.
A Brooklyn man who registered domain names related to real estate mogul Donald Trump must pay $32,000 damages, a judge ruled. J. Taikwok Yung, a self-described "domainer" developed four websites -- trumpmumbai.com, trumpindia.com, trumpbeijing.com, and trumpbudhabi.com -- parodying the well-known businessman and providing commentary, often disparaging, on Trump and his television shows "The Apprentice" and "The Celebrity Apprentice."
Just how far Silicon Valley will go to remove hiring risks is at the heart of a class-action lawsuit that accuses industry executives of agreeing between 2005 and 2009 not to poach one another’s employees. Headed to trial in San Jose this spring, the case involves 64,000 programmers and seeks billions of dollars in damages.
Google Inc. lost its bid to keep an anti-Islamic film on its YouTube video sharing website while it appealed a federal appeals court order that the company said would have "devastating effects" if allowed to stand. Earlier in the week, a panel of the 9th U.S. Circuit Court of Appeals voted 2-1 to reject Google's assertion that the removal of the film "Innocence of Muslims," which sparked protests across the Muslim world, amounted to a prior restraint of speech that violated the U.S. Constitution.
Italy has dropped a planned Internet tax sometimes dubbed the "Google tax", in one of the first measures enacted by the new government of Matteo Renzi, an official said.
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The GigaLaw Firm helps companies of all sizes protect their brands online, using domain name dispute policies – such as the Uniform Domain Name Dispute Resolution Policy (UDRP) – and other legal tools available to copyright and trademark owners on the Internet.