Sony trying to find alternatives to release ‘The Interview’

By Mary Milliken LOS ANGELES (Reuters) – Sony Pictures said on Friday it is looking for alternatives to release “The Interview” after it scrapped the Christmas Day theatrical opening of the screwball comedy at the center of a cyber attack on the studio blamed on North Korea. After a rare public shaming of a corporation by President Barack Obama, who said Sony Pictures made a mistake in pulling the film and bowing to intimidation, chief executive Michael Lynton told CNN he hoped that the public would see the film but no other platform had shown interest.

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Risk modelers look to clarify cyber risk costs

By Luciana Lopez NEW YORK (Reuters) – Even as the Sony Corp cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to get.

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IBM says cloud business enjoying ‘breakthrough year’

By Eric Auchard LONDON (Reuters) – IBM aims to expand the number of data centers it offers clients around the world by 25 percent to meet fast-rising demand for internet-based services, after what a company executive said has been a “breakthrough year” in 2014 for its cloud computing business. IBM has quadrupled the number of cloud data facilities it offers around the world to 49 in the past 18 months, responding in part to laws requiring the local retention of data following revelations over U.S. government Web surveillance as well as increased corporate compliance rules

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BlackBerry woos keyboard loyalists with launch of Classic

By John McCrank and Euan Rocha NEW YORK/TORONTO (Reuters) – BlackBerry Ltd launched its long-awaited Classic on Wednesday, a smartphone it hopes will help it win back market share and woo those still using older versions of its physical keyboard devices. The Canadian mobile technology company said the new device, which bears striking similarities to its once wildly popular Bold and Curve handsets, boasts a larger screen, longer battery life, an expanded app library with access to offerings from Amazon. ..

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Online lender OnDeck Capital’s shares soar in debut

By Neha Dimri (Reuters) – Shares of OnDeck Capital Inc rose as much as 40 percent in their market debut, underscoring investor appetite for startups using technology to disrupt traditional banking. The online lender’s shares touched a high of $28 amid heavy trading on Wednesday, valuing the company at about $1.85 billion

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