South Carolina military college suspends cadets over KKK-like hoods

The Citadel military college in South Carolina said on Thursday it was suspending eight cadets after photographs were posted on social media showing them wearing pointed white pillowcases that resemble hoods worn by the Ku Klux Klan, a white supremacist group. Seven freshmen cadets wore the hoods and all-white clothing while singing Christmas carols as part of a “Ghosts of Christmas Past” skit, according to initial findings by the college in Charleston

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FBI has lead in probe of 1.2 billion stolen Web credentials: documents

By Nate Raymond NEW YORK (Reuters) – A hacker who once advertised having access to user account information for websites like Facebook and Twitter has been linked through a Russian email address to the theft of a record 1.2 billion Internet credentials, the FBI said in court documents. The papers, made public last week by a federal court in Milwaukee, Wisconsin, provide a window into the Federal Bureau of Investigation's probe of what would amount to the largest collection of stolen user names and passwords. The court papers were filed in support of a search warrant the FBI sought in December 2014 and that was executed a month later related to email records.

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EU quizzes e-retailers on sanctions against cross-border online sales

By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators have asked e-commerce retailers to spell out the kind of sanctions imposed on them for going against digital content companies’ orders to restrict cross-border online sales, as part of a broad probe to root out anti-competitive online practices. The European Commission, which launched the investigation last month, is looking to overhaul the 28-country bloc’s digital market to boost growth and innovation and catch up with the United States and Asia.

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Former U.S. government employee attempted to steal nuclear weapons secrets: Justice Department

The U.S. Justice Department has charged a former employee of the Department of Energy and the Nuclear Regulatory Commission for allegedly attempting an email attack on government employees to extract sensitive information on nuclear weapons.

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Two charged with conspiracy, fraud for Photobucket.com breach

Federal prosecutors charged two men on Friday with conspiracy and fraud after they allegedly breached the computer systems of Denver-based Photobucket and sold passwords and access to private information on the giant photo-sharing website. Brandon Bourret, 39, of Colorado Springs, Colorado, and Athanasios Andrianakis, 26, of Sunnyvale, California, were arrested at their homes, the U.S. Department of Justice said in a statement.

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AOL revenue beats estimates on strong ad sales

(Reuters) – AOL Inc reported quarterly revenue above analysts' expectations, boosted by demand for its real-time bidding platform that helps advertisers place video and display ads on other digital properties. Shares of the company, whose businesses include the Huffington Post news website and the TechCrunch blog, were up 4 percent in premarket trading on Friday. Advertising has become a major revenue stream for AOL as the company moves away from dial-up subscription service, helped by acquisition of automated advertising platforms such as Adap.tv

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U.S., European police break up network of 12,000 computers taken over by criminals

Law enforcement agencies in Europe and the United States have dismantled a network comprising at least 12,000 in computers that had been taken over by criminals, Europol said on Thursday. The software used to infect the computers was “very sophisticated” but the network was relatively small compared to others uncovered in the past, Europol said in a statement. Those behind the network or “botnet” infected computers with the software and may then have sold to others the right to install further malicious programs, said Paul Gillen, the head of operations at Europol’s Cybercrime Centre.

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Austrian student’s lawsuit vs Facebook bogged down in procedure

By Shadia Nasralla and Angelika Gruber VIENNA (Reuters) – Facebook presented a long list of procedural objections to an Austrian court on Thursday trying to halt a class action lawsuit for 25,000 users that accuses the social media giant of violating their privacy. The first day of hearings began with a four-hour session in which Facebook's lawyers tried to convince the judge not to admit the suit brought by law student Max Schrems, 27, who is claiming 500 euros ($538) in damages for each user

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