Ex-FTC Official Offers Insights Into Amazon Antitrust Issues

How much Amazon.com Inc. charges its customers is more important to U.S. antitrust authorities than how it strong-arms book publishers and movie studios. Typically it’s seen as a good thing for a retailer to pressure suppliers to trim prices as that can lead to better deals for shoppers, David Balto, a former policy director at the Federal Trade Commission, said in an interview.

FCC Studying Misuse of Surveillance Technology

The Federal Communications Commission has established a task force to study reported misuse of surveillance technology that can intercept cellular signals to locate people, monitor their calls and send malicious software to their phones. The powerful technology -- called an IMSI catcher, though also referred to by the trade name “Stingray” — is produced by several major surveillance companies and widely used by police and intelligence services around the world.

California Lawmakers Approve Smartphone 'Kill Switch'

A California bill that would require cellphone makers to install a “kill switch” to render stolen devices inoperable has passed the state legislature, and now moves to the governor’s office for consideration. Several device manufacturers and wireless carriers withdrew their opposition once the bill was amended to exclude tablets and exempt smartphone models introduced before Jan. 1, 2015, that could not “reasonably be re-engineered” to incorporate the anti-theft technology.

Xiaomi Updates OS After Address Book Privacy Flap

Xiaomi Inc. said it had upgraded its operating system to ensure users knew it was collecting data from their address books after a report by a computer security firm said the Chinese budget smartphone maker was taking personal data without permission. The privately held company said it had fixed a loophole in its cloud messaging system that had triggered the unauthorized data transfer and that the operating system upgrade had been rolled out.

London Companies Tackling Cyber Security Issues

London’s financial district is aiming to become a global hub for innovative technology in cyber security and intelligence, and it couldn’t have come any sooner. Financial News reports that Canary Wharf Group is launching a series of initiatives to foster innovation in cyber security technology, which will be run out of its fintech accelerator space Level39 and will include accelerator programs for start-ups in the sector.

Google Settles Lawsuit Over Illegal Internet Pharmacies

Google has agreed to create a $250 million internal program to disrupt rogue online pharmacies as part of a deal to end shareholder litigation over accusations the search company improperly allowed ads from non-U.S. drug sellers. Google said it would make content about prescription drug abuse more visible and work with legitimate pharmacies to counter marketing by rogue sellers, documents filed in an Oakland, Calif. federal court showed.

Judge Rejects High-Tech Firms' Poaching Settlement

Four Silicon Valley companies including Apple and Google failed to persuade a U.S. judge to sign off on a $324.5 million settlement to resolve a lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each other's employees. In a ruling, U.S. District Judge Lucy Koh in San Jose, California, said the class action settlement was too low, given the strength of the case against the companies.

Patent Office Rules Against Apple's 'Autocomplete'

The U.S. Patent and Trademark Office has rejected several claims of one of the patents Apple wielded against Samsung in the most recent patent-infringement trial, saying in a preliminary ruling that certain aspects aren't valid. The patent, No. 8,074,172, covers "autocomplete" features that automatically generate word suggestions based on what the user is typing.

China Puts Restrictions on Instant-Messaging Apps

China’s government issued rules that restrict the dissemination of politically related news on instant-messaging applications to only authorized media outlets, the official Xinhua News Agency said. Rules tightening management of message applications in the world’s biggest Internet market, such as Tencent Holdings Ltd.’s WeChat, are meant to safeguard national security, according to the report.

Hackers Reportedly Hit Spy Agencies, Military Targets

Security researchers at Kaspersky Lab said they have uncovered a cyber espionage operation that successfully penetrated two spy agencies and hundreds of government and military targets in Europe and the Middle East since the beginning of this year. The hackers, according to Kaspersky, were likely backed by a nation state and used techniques and tools similar to ones employed in two other high-profile cyber espionage operations that Western intelligence sources have linked to the Russian government.

Wikimedia Releases List of Links Removed by Google

At a news conference in London, Wikimedia, the nonprofit behind Wikipedia and similar sites like Wiktionary, released a list of its links that Google has removed from its search engine in accordance with Europe’s “right to be forgotten” law. “We will put the notices up as they come in, in order to be sure that people can find out what information is not being made available to them,” said Katherine Maher, a spokeswoman for Wikimedia.

UK Government to Consider Digital Currency Regulation

The UK government will look into how virtual and digital currencies could or should be regulated, the UK Chancellor of the Exchequer said at the launch of a fintech industry body in London. Speaking at the launch event of Innovate Finance in Level39, Canary Wharf’s Group accelerator for fintech startups, George Osborne said the government will look at the potential virtual and digital currencies have for encouraging innovation in the UK’s financial sector, as well as the potential risks.

China Bans Apple Products from Gov't Procurement List

China’s government excluded Apple Inc. iPads and MacBook laptops from the list of products that can be bought with public money because of security concerns, according to government officials familiar with the matter. Ten Apple products -- including the iPad, iPad Mini, MacBook Air and MacBook Pro -- were omitted from a final government procurement list distributed in July, according to officials who read it and asked not to be identified because the information isn’t public.

Russian Crime Ring Steals 1.2 Billion Passwords

Security researchers say a Russian crime ring has pulled off the largest known theft of confidential Internet information including 1.2 billion username and password combinations and more than 500 million email addresses. The cyber gang injected malicious code to steal databases from at least 420,000 websites, says Alex Holden, founder and chief information security officer for Hold Security in Milwaukee, Wisc.