Global regulators have proposed stricter rules on how banks calculate the amount of capital they need to cover risks to operations from cyber attacks, fraud or hefty fines. The proposals are the latest from the Basel Committee of regulators that would limit the ability of big banks to use their own models to cut the amount of capital they need.
Amazon has appealed the rejection of its proposed .amazon new gTLD. The company told ICANN that it has invoked the Independent Review Process, after 18 months of informal negotiations proved fruitless.
Amazon.com has quietly dropped support for disk encryption on its Fire tablets, saying the feature that secures devices by scrambling data was not popular with customers. Privacy advocates and some users criticized the move, which came to light even as Applewas waging an unprecedented legal battle over U.S. government demands that the iPhone maker help unlock an encrypted phone used by San Bernardino shooter Rizwan Farook.
Samsung Electronics Co. called customer privacy “extremely important” and said any requirement to build backdoors into its devices would undermine trust, as it weighs in on Apple Inc.’s escalating battle against the U.S. government. The world’s largest smartphone vendor echoed many of its arch-rival’s arguments but said it hadn’t decided if it will file a friend-of-the-court brief in support of the iPhone maker.
Facebook may prevent its users from using fake names, a German court said, overturning a previous order from the Hamburg data protection authority. The ruling is a coup for the social network firm which has long argued its real-name policy ensures people know who they are sharing and connecting with and protects them from the abuse of the wide-open Internet.
International Business Machines filed a lawsuit against daily deals website operator Groupon alleging infringement of its patents. The complaint, filed at the U.S. District Court for the District of Delaware, accuses Groupon of building its business model using IBM's patents without authorization despite prior warnings.
Apple’s refusal of the Federal Bureau of Investigation’s request to help unlock a shooter’s iPhone has been a hot topic not only in its home country but in its biggest foreign market: China. Some Chinese have questioned whether the move is a marketing stunt, but others have supported Apple for standing up to the government -- something unimaginable for Chinese companies. Some also have asked: What if the Chinese government asked Apple to do the same thing? Could Apple say no?
A Brazilian judge ordered the release of Facebook's vice president for Latin America, a day after he was arrested for refusing to hand over WhatsApp messages to the police investigating a drugs case. The judge, Ruy Pinheiro, considered the detention of Diego Dzodan in Sao Paulo "unlawful coercion," the court in Sergipe state said in a statement.
Germany’s Federal Cartel Office is investigating whether Facebook Inc. abuses its dominance as a social network to harvest personal information, the latest in a series of challenges to the social network’s privacy policies. The probe builds on growing momentum in Europe to tie together questions of competition law and online privacy.
A webpage that masqueraded as a New York Times article and claimed that Senator Elizabeth Warren of Massachusetts had endorsed Bernie Sanders for president circulated widely on social media. The fake news article, which mimicked The Times’s typefaces and design and included the bylines of two of the newspaper’s political reporters, appeared with the headline “Warren Endorses Sanders, Breaking With Colleagues.”
The fight on encryption between Apple and the FBI moved to Capitol Hill for a hearing before the House Judiciary Committee, with each side showing no sign of compromise. Bruce Sewell, Apple’s general counsel, said that the FBI’s demand for the company to break into an iPhone that belonged to one of the shooters in the San Bernardino, Calif., attacks that left 14 people dead “would set a dangerous precedent for government intrusion on the privacy and safety of its citizens.” The FBI director, James B. Comey, emphasized the importance of law enforcement’s ability to get access to data for criminal investigations.
A Snapchat employee inadvertently spilled sensitive company information after falling for an email trick. An unidentified worker for the maker of the popular photo and video sharing app received an email asking for payroll information, Snapchat revealed in a blog post.
The Federal Communications Commission is probing whether big cable firms use special contract provisions to discourage media companies -- from Walt Disney Co. to smaller firms -- from running programming on the Internet. It is part of a broader attempt by the FCC to address one of the big conundrums of the telecom age: Why has television been so slow to come to the Internet, despite technical breakthroughs that made it possible long ago?
Facebook’s vice president for Latin America has been arrested on his way to work in São Paulo, Brazil. Federal police picked up Diego Dzodan because Facebook disobeyed a court order to help investigators in a drug case that involves a WhatsApp user.
Tom Wheeler, chairman of the Federal Communications Commission, buckled to White House pressure in deciding to regulate broadband Internet service as a public utility in last year’s “net neutrality” rules, a new report from Republicans on a key Senate panel asserts. The report concludes the FCC’s actions were largely driven by a Nov. 10, 2014, public statement from President Barack Obama urging the agency to reclassify broadband as a common carrier and implement the strongest possible net neutrality rules -- the principle that Internet service providers treat all content equally.
A federal judge in New York ruled in favor of Apple, saying that an obscure colonial-era law did not authorize him to force the firm to lift data from an iPhone at the government’s request. The ruling is not binding in any other court, but it takes on an outsize importance as the U.S. government battles Apple in a separate case in California over whether the tech firm should help unlock a phone used by one of the shooters in the San Bernardino terrorist attack in December.
With a touch of a button on the wall outside Microsoft Corp.’s Cyber Defense Operations Center, opaque windows turn clear, offering visitors a glimpse of the high-tech bunker where the software giant’s security engineers work to thwart hackers. The new facility is at the heart of Microsoft’s campaign to rebuild its reputation for security at a time when the number of potential targets for cyberattacks -- from smartphones to corporate servers and Web services -- has exploded.
A German court has fined Facebook 100,000 euros ($109,000) for refusing to follow an order to adequately inform users about how it was using their intellectual property, a consumer group said. News of the ruling followed a visit by Facebook CEO Mark Zuckerberg in which he mounted a charm offensive in the face of increasing antipathy in Germany toward the world's biggest social media network prompted by fears for data protection.
China’s top Internet regulator closed the social media accounts of an influential, retired property developer who criticized President Xi Jinping’s campaign to tighten control over state-run media. Sites including Sina Corp.’s Weibo and Tencent Holdings Ltd.’s QQ were told to shut down accounts held by Ren Zhiqiang for spreading “illegal information,” a spokesman for the Cyberspace Administration of China said in a statement.
YouTube CEO Susan Wojcicki tweeted out a message of thanks to the YouTube community at large, vowing that the company is "listening" to recent feedback from creators, who've taken issue with the site's complaint system. A growing number of popular YouTubers have criticized the company's way of handling copyright violations and, in turn, the appeals process about those notices.
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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.