SAN FRANCISCO - While U.S. law enforcement agencies have long tried to stamp out networks of compromised computers used by cyber criminals, the National Security Agency has been hijacking the so-called botnets as a resource for spying.
Recent Technology News
HONG KONG - China's largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in ChinaVision Media Group Ltd for $804 million, giving it access to TV and movie content as competition in the world's biggest Internet market becomes increasingly cutthroat.
- Police searched and secured the headquarters of social media giant Facebook Inc on Tuesday evening after receiving a threat against the company, which San Francisco-area authorities said turned out to be "totally not credible".
HELSINKI - Finnish start-up Next Games has raised $6 million in funding in the latest of several venture capital investments in the Nordic country's booming mobile games industry, the company said on Wednesday.
- A U.S. federal judge on Tuesday temporarily froze the U.S. assets of Mt. Gox chief Mark Karpeles and allowed alleged victims of the shuttered bitcoin exchange to demand evidence of what they claim is a massive fraud.
SEATTLE - Microsoft Corp said on Tuesday it appointed Mason Morfit, president of activist investor ValueAct Capital, as a board member.
- Wall Street little changed as Ukraine, China concerns brushed off
- Herbalife says FTC opens inquiry long sought by Ackman
- GM recommends lighter key rings after recall
- After Mexico fraud, Citi finds other three sets of suspect loans
- U.S. Senate Judiciary Committee sets Comcast hearing
- U.S. fourth quarter GDP growth may be revised higher: economists
- Big fine imposed on ex-Goldman trader Tourre in SEC case
- Wall Street to shift more staff out of pricey cities: consultant
- U.S. consumer bureau probing firms that link borrowers, payday lenders