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Ashley Madison parent CEO quits after huge infidelity data hack

TORONTO - The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. | Video

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To regulate or not to regulate? EU to launch study on Uber

, Brussels - - The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S. start-up against conventional taxis across Europe, three people familiar with the matter said on Friday.

Ashley Madison courted several buyers, landed none before attack

TORONTO - The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as part of their assault on the company in recent weeks.

Deals 7:50am EDT

Facebook must obey German law even if free speech curtailed: minister

BERLIN - Facebook will have to abide by German laws banning racist sentiment even if it might be allowed in the United States under freedom of speech, Justice Minister Heiko Maas said in an interview with Reuters.

Facebook 28 Aug 2015

Investors still in the dark as cyber threat grows

LONDON/BOSTON - Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem.

Money, Cybersecurity, Davos 28 Aug 2015

Pentagon teams up with Apple, Boeing to develop wearable tech

MOUNTAIN VIEW, Calif. - U.S. Defense Secretary Ash Carter awarded $75 million on Friday to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or molded onto the skin of a plane.

Science 28 Aug 2015