Amazon.com won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of IRS arguments, and found that on several occasions the agency abused its discretion, or acted arbitrarily or capriciously.
The Twitter accounts of ABC News and “Good Morning America” fell victim to a hack attack early Thursday morning, with the compromised accounts posting tweets praising President Trump and claiming rapper Tyler the Creator had died. The tweets included claims like “trump is our lord and savior #thankgodforTHEDONALD” and “we are totally russian hackers but we love @POTUS @realDonaldTrump ;).”
Apple said it had patched years ago any of the alleged CIA hacks to its iPhone and Mac released by WikiLeaks earlier in the day and that it has "not negotiated with Wikileaks for any information." "We have preliminarily assessed the Wikileaks disclosures from this morning. Based on our initial analysis, the alleged iPhone vulnerability affected iPhone 3G only and was fixed in 2009 when iPhone 3GS was released," the company said in a statement.
Microsoft Corp. agreed to license a batch of patents to Toyota Motor Corp. as part of the software giant’s effort to leverage its vast intellectual-property portfolio to become a key provider of connected-car technology. Microsoft has been racing to convince car makers to build connected-car services on top of its Azure cloud-computing service.
The U.S. Senate voted narrowly to repeal regulations requiring internet service providers to do more to protect customers' privacy than websites like Alphabet Inc's Google or Facebook Inc. According to the rules approved by the Federal Communications Commission in October under then-President Barack Obama, internet providers would need to obtain consumer consent before using precise geolocation, financial information, health information, children's information and web browsing history for advertising and internal marketing.
A group of hackers is reportedly trying to put the squeeze on Apple over a large trove of credentials to iCloud and other Apple email accounts. The hackers, who call themselves the "Turkish Crime Family," say they have access to more than 300 million breached accounts, according to a report by Motherboard.
EU antitrust chief Margrethe Vestager said she was reviewing Facebook's response to charges the U.S. social network provided misleading information during its bid for messaging service WhatsApp which may result in a hefty fine for the company. The European Commission in December last year said Facebook's statements during the regulator's scrutiny of the $22 billion deal in 2014 were incorrect when it said that it was unable reliably to match the two companies' user accounts.
Nest's Dropcam and Dropcam Pro security cameras can be wirelessly attacked via Bluetooth to crash and stop recording footage. This is perfect for burglars and other crooks who want to knock out the cams moments before robbing a joint.
AT&T, Verizon, Johnson & Johnson and other major U.S. advertisers are pulling hundreds of millions of dollars in business from Google and its video service YouTube despite the Internet giant's pledge to keep offensive and extremist content away from ads. AT&T said that it is halting all ad spending on Google except for search ads.
Chinese firms have become significant investors in American start-ups working on cutting-edge technologies with potential military applications. The deals are ringing alarm bells in Washington.
Amazon.com is expanding a program to remove counterfeit goods from its website this spring as part of a broader push to assure brand owners that the online retailer is an ally rather than a threat. As early as next month, any brand can register its logo and intellectual property with Amazon so the e-commerce company can take down listings and potentially seller accounts when counterfeits are flagged, Peter Faricy, vice president of Amazon Marketplace, said in an interview.
Baidu Inc. has revealed that a gang of "hackers-for-hire" tried to steal its driverless car technology, prompting it to bulk up its cybersecurity team. The Beijing-based company's head of cybersecurity, Ma Jie, said it was unclear who was behind the gang.
Twitter said it had suspended more than 636,000 accounts since the middle of 2015 as the company steps up efforts to tackle "violent extremism" on its microblogging platform. The company shut down a total of 376,890 accounts in the last six months of 2016, Twitter said in its latest transparency report.
The Georgia Supreme Court has ruled that music streaming service iHeart Radio is exempt from a Georgia statute that makes it illegal to transfer pre-1972 sound recordings without the owner’s consent. The high court responded to a question posed by the U.S. District Court of Middle Georgia, saying the Georgia justices “find that the type of internet radio services being offered by iHeartMedia Inc. in this case do fall under the exemption” to state law.
Impressive advances in artificial intelligence technology tailored for legal work have led some lawyers to worry that their profession may be Silicon Valley’s next victim. But recent research and even the people working on the software meant to automate legal work say the adoption of A.I. in law firms will be a slow, task-by-task process.
Cisco Systems said that more than 300 models of switches it sells contain a critical vulnerability that allows the CIA to use a simple command to remotely execute malicious code that takes full control of the devices. There currently is no fix.
Airlines that fly from certain countries in the Middle East and Africa to the U.S. must soon require passengers to check in almost all electronic devices rather than carry them into the cabin, a U.S. official said. An aviation official told CNN that there is a security concern regarding passengers boarding nonstop flights to the U.S. from specific countries.
Google apologized for allowing ads to appear alongside offensive videos on YouTube as more high-profile firms such as Marks & Spencer and HSBC pulled advertising for British markets from Google sites. The British government has suspended its advertising on YouTube after some public sector ads appeared next to videos carrying homophobic and anti-semitic messages, prompting a flood of major companies to follow suit.
China’s central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to verify the identity of clients and adhere to banking regulations. The move to regulate bitcoin exchanges brings assurance that Chinese authorities will tolerate some level of trading, after months of uncertainty.
Local police in Minnesota are trying to solve a bank fraud scheme by demanding Google give up data on people who looked up key search terms that may be related to crime. The warrant, issued to police in the city of Edina, is raising eyebrows among privacy advocates.
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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.