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KPN's America Movil board member sells part of KPN stake

The company logo of Dutch telecoms group KPN is seen on the headquarters in the HagueBRUSSELS (Reuters) - The Chief Financial Officer of Mexico's America Movil has reduced his personal stake in Dutch telecoms group KPN , of which he is a supervisory board member, by more than a quarter, regulatory filings showed on Saturday. Carlos Garcia Moreno Elizondo, one of two America Movil members on KPN's supervisory board, sold about 28.5 percent of his stake in KPN in three transactions and now owns just under 200,000 shares, according to Dutch regulator AFM. ...


11/01/2014 05:42 AM

J.P. Morgan found hackers through breach of corporate event website: media

JP Morgan Chase & Co sign outside headquarters in New York(Reuters) - J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter. According to the reports, the bank discovered that the intruders had used some of the same offshore servers to hack both the bank and the website of the JPMorgan Corporate Challenge. ...


10/31/2014 10:56 PM

Samsung says Microsoft deal invites 'charges of collusion': filing

People pose with mobile devices in front of projection of Samsung logo in this picture illustration taken in ZenicaBy Dan Levine (Reuters) - Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business, according to a court filing. The filing late on Thursday stems from Microsoft Corp's lawsuit accusing Samsung Electronics Co Ltd of breaching a business collaboration agreement. The lawsuit, filed earlier this year in a New York federal court, says South Korean smartphone company Samsung still owes $6.9 million in interest on more than $1 billion in patent royalties it delayed paying. ...


10/31/2014 01:03 PM

Foreign access to China's card clearing market next August: report
HONG KONG (Reuters) - Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong's South China Morning Post newspaper reported on Saturday. The paper quoted a source from China's largest credit card supplier, Goldpac Group, saying People's Bank of China (PBOC) officials had informed them of the date in September. "When the central bank gives a date, they always follow through with that," the source, an unidentified department head, was quoted as saying. ...
10/31/2014 10:52 PM

UBS cannot arbitrate vs Nasdaq over Facebook IPO: court

The falling price of Facebook's stock is seen on a screen reflected in the window of the Nasdaq building in New YorkBy Jonathan Stempel NEW YORK (Reuters) - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering. The 2nd U.S. Circuit Court of Appeals in New York on Friday said UBS' agreement with Nasdaq to help make a market for Facebook shares did not entitle the Swiss bank to arbitration, in its effort to recoup more than $350 million of losses. ...


10/31/2014 01:24 PM

Pirate Bay co-founder sentenced to 42 months in jail in Denmark

Gottfrid Svartholm Warg, the co-founder of Pirate bay, is pictured in StockholmCOPENHAGEN (Reuters) - A co-founder of the Swedish file-sharing website The Pirate Bay was sentenced on Friday to three and a half years in prison, in what the prosecutor called Denmark's biggest-ever hacking case. Gottfrid Warg, 30, also known under his hacker alias "Anakata", was found guilty of hacking into the mainframe of IT provider CSC in Denmark, accessing the Danish Civil Registration System and local police's criminal register in 2012. When sentencing, the Court of Frederiksberg in Copenhagen said the attack was systematic, intensive and took place over a long period of time. ...


10/31/2014 12:26 PM

As HP moves into 3D printing, there may still be room for the little guys

As HP moves into 3D printing, there may still be room for the little guysThe 3D-printing market should be big enough for HP and incumbent companies to thrive, some experts say. In fact, smaller rivals could benefit.>


11/01/2014 07:00 AM

Researchers find a way to listen in on vehicular vibrations

Researchers find a way to listen in on vehicular vibrations


11/01/2014 03:40 AM

AT&T and Verizon are upping bandwidth on select data plans

AT&T and Verizon are upping bandwidth on select data plans


10/31/2014 11:10 PM

Man who owns a smart TV says he’s ‘afraid’ of using it after reading its privacy policy

Man who owns a smart TV says he’s ‘afraid’ of using it after reading its privacy policyJust like with other electronic devices that used to be “dumb,” TVs have become increasingly smart lately, but that doesn’t mean that’s necessarily a good thing, especially when it comes to user privacy. At least that’s what Brennan Center’s Michael Price seems to think after he replaced his older TV that could offer access just to TV programs with a smart TV model that also delivers “streaming multimedia content, games, apps, social media and Internet browsing.” FROM EARLIER: Agree to share stuff with LG or it’ll make your Smart TV ‘stupid’ “The only problem is that I’m now afraid to use it. You would be too — if you read through the 46-page privacy policy,” Price wrote. “The amount of data


10/31/2014 09:45 PM

Engadget Expand is all about you. And us. But really, you.

Engadget Expand is all about you. And us. But really, you.


10/31/2014 09:35 PM

Space tourism rocket crash stirs mixed emotions

This image from video by KABC TV Los Angeles shows wreckage of what is believed to be SpaceShipTwo in Southern California's Mojave Desert on Friday, Oct. 31, 2014. A Virgin Galactic space tourism rocket exploded after taking off on a test flight, a witness said Friday. (AP Photo/KABC TV)The explosion of Virgin Galactic's passenger rocket ship is stirring up mixed emotions as scientists and others involved in the space industry wait for more details on what happened over the Mojave Desert on Friday.


10/31/2014 09:29 PM

Grumpy Cat's new movie shows she should have stayed a meme

Grumpy Cat's new movie shows she should have stayed a memeSometimes the internet takes things too far.


10/31/2014 09:29 PM

Lumera lets you post high-res snapshots on Instagram with one click

Lumera lets you post high-res snapshots on Instagram with one click


10/31/2014 08:43 PM

Estonian man faces cyber scam charges in US

The United States District Court Southern District of New York in lower Manhattan, pictured on January 28, 2010An Estonian man accused of being part of a ring that swindled advertisers out of millions of dollars by "hijacking" online traffic was hauled before a US judge. Vladimir Tsastsin, 34, was extradited to a federal court in New York to face charges including computer intrusion, wire fraud and money laundering, according to US prosecutors. "Now that Vladimir Tsastsin has been delivered to the Southern District of New York, he can answer for his alleged role in a scheme in which he and others manipulated Internet advertising techniques and reaped at least $14 million in ill-gotten gains in the process," Manhattan US attorney Preet Bharara said in a statement, released Friday. Malicious code in infected machines could also be used to replace digital ads at legitimate websites with marketing messages that earned money for the fraudsters, according to prosecutors.


10/31/2014 08:22 PM

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