The U.S. House of Representatives voted overwhelmingly on Thursday to pass a bill that extends liability protection for companies that share information about cyber attacks, if they give the data to the U.S.
Read moreThe e-commerce company for the first time broke out financial details of its secretive cloud computing unit, Amazon Web Services, on Thursday, saying revenue jumped almost 50 percent to $1.57 billion, or about 7 percent of total revenue. The unit's operating income grew 8 percent to $265 million.
Read moreMicrosoft Corp on Thursday reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business. “The Street will cheer these results as it appears Microsoft is back on the right track after a head-scratching performance last quarter.” Sales of Windows to computer manufacturers to install on new PCs fell 19 percent in the quarter, reflecting a sharp dip from a year ago when Windows got a brief boost from consumers rushing to buy new machines after Microsoft stopped support for the 14-year-old XP operating system. Microsoft's overall revenue rose 6 percent to $21.7 billion, above Wall Street's average forecast of $21.1 billion, according to Thomson Reuters I/B/E/S.
Read moreBy Krista Hughes WASHINGTON (Reuters) – Business associations from the United States, Japan and Europe told Chinese officials on Monday they still have “strong concerns” about bank information technology rules and urged Beijing to formally suspend them. The joint letter, from 31 trade associations, increases pressure over rules pushing China's state-owned banks to buy technology from domestic vendors, which the U.S. trade office has said could breach China's international trade commitments
Read moreThe Obama administration sees planned new cybersecurity rules in China as a “major barrier” to trade and has raised concerns with Beijing at the highest level, a senior U.S. official said on Thursday. Deputy U.S.
Read moreBEIJING (Reuters) – China’s Internet regulator will target fraud on dating websites and other online match-making sites, state news agency Xinhua reported. “Fraud on dating websites has become a public nuisance to millions of users, especially young people, who use such services,” Xinhua cited a statement from the Cyberspace Administration of China as saying, in a report released late on Thursday.
Read moreBy Warren Strobel WASHINGTON (Reuters) – Calling the destructive cyberattack on Sony Pictures “a game changer,” a top White House official on Tuesday announced a new intelligence unit to coordinate analysis of cyberthreats, modeled on similar U.S. government efforts to fight terrorism. Lisa Monaco, President Barack Obama's homeland security and counterterrorism adviser, said the new agency will rapidly pool and disseminate data on cyberbreaches, which she said are ballooning in size and sophistication, to U.S
Read moreThe U.S. military’s ability to defend its own computer networks is “not where it should be,” Ashton Carter, President Barack Obama’s nominee to lead the Pentagon, said on Wednesday. Carter said the U.S.
Read moreBy Eric Kelsey LOS ANGELES (Reuters) – There is a strong chance of a neon-colored spectacle, perhaps some flying and definitely songs of female empowerment when pop singer Katy Perry takes the stage during halftime at the Super Bowl, the most-watched 12 minutes on U.S. television. The pink-loving Perry may seem a mismatch for the macho world of NFL football
Read moreSales of surveillance cameras are surging in South Korea after a daycare center worker was caught on camera earlier this month knocking a toddler to the floor, spurring calls for closer monitoring of schools and child care facilities. The education ministry said last week it planned to require that 90 percent of kindergartens install surveillance cameras by next year. Parliament has introduced a bill to require all daycare centers to install cameras, and is expected to pass it in March
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