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Exclusive: U.S. weighs sanctioning Russia as well as China in cyber attacks

WASHINGTON - The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday.

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Ashley Madison owner says website still adding users after data hack

TORONTO - Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients.

Cybersecurity 7:09pm EDT

Internet entrepreneurs back Chinese Tesla rival NextEV

FRANKFURT/DETROIT - A group of deep-pocketed China-based internet entrepreneurs and financial investors, including Tencent  and Hillhouse Capital, is backing an effort to create NextEV, a new rival to U.S. electric car maker Tesla Motors Inc .

China 3:02pm EDT

Altice hires senior telecom specialist from Alcatel-Lucent

PARIS - Telecoms group Altice has named long-serving sector executive Michel Combes as its chief operating officer and chairman of its Numericable-SFR mobile phone business, saying the appointment would help accelerate the group's expansion.

2:59pm EDT

Venture capital cash surfers may see waves recede in market turmoil

SAN FRANCISCO - The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public.

11:58am EDT

Investment firm Pleasant Lake offers to buy MagnaChip

- Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea-based company at about $346 million.

Deals 11:51am EDT