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Exclusive: Top cybercrime ring disrupted as authorities raid Moscow offices - sources

WASHINGTON Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world’s most notorious financial hacking operations, according to three sources with knowledge of the matter.

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Twitter suspends over 125,000 accounts for 'promoting terrorist acts'

WASHINGTON Twitter Inc has shut down more than 125,000 terrorism-related accounts since the middle of 2015, most of them linked to the Islamic State group, the company said in a blog post on Friday.

Twitter 5:50pm EST

Showdown in Europe over privacy has U.S. firms ducking for cover

FRANKFURT The free flow of data across the Atlantic, the lifeblood of modern business dealings, faces an uncertain future, despite a belated, high-level deal between European and U.S. officials this week.

Crowded GoPro short sellers may soon face squeeze

SAN FRANCISCO GoPro's fall from grace has created a rush by traders to short the camera maker's stock, but they may soon face a squeeze as institutional shareholders sell their shares after six months of declines.

04 Feb 2016

IRS resumes processing tax returns Thursday after system outage

WASHINGTON The U.S. Internal Revenue Service said on Thursday it had resumed processing individual and business tax returns at about 5 p.m. EST on Thursday after a system outage.

U.S. 04 Feb 2016

IBM tries to bolster cloud growth with developer tools

SAN FRANCISCO IBM's efforts to bolster its cloud offerings could get a boost from new developer tools it is unveiling on Thursday.

04 Feb 2016