Swatch plans to add to its new smartwatch range, the Swiss watchmaker's chief executive told a newspaper in an interview published on Saturday. The Biel, Switzerland-based company is competing with Apple and other watchmakers in the budding smartwatch market. “Our product is called Touch Zero One and that gives enough room for Zero Five, Zero Nine,” Nick Hayek was quoted as saying by Switzerland's Tages-Anzeiger newspaper.
By Alastair Sharp and Josephine Mason TORONTO (Reuters) – Emails sent by the founder of infidelity website AshleyMadison.com appear to have been exposed in a second, larger release of data stolen from its parent company, cyber security experts confirmed on Thursday. The data dump by hackers who have attacked the site appears to include email messages linked to Noel Biderman, founder and chief executive officer of its Toronto-based parent company Avid Life Media. In a message accompanying the release, the hackers said: “Hey Noel, you can admit it's real now.” That appeared to be a riposte to the company's initial response to Tuesday's dump that the data may not be authentic.
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By Alastair Sharp and Josephine Mason TORONTO (Reuters) – Hackers dumped online personal details of more than a million users of infidelity website AshleyMadison.com, tech websites reported on Tuesday, the latest high-profile cyber attack that threatens to wreak strife in relationships across the globe. Have an affair,” hackers claimed to publish a huge cache of email addresses and credit card data stolen in July. Avid Life Media, which owns Ashley Madison and Established Men, widely described as a “sugar daddy site,” did not verify the data was real, but said it was aware of the claim.
The United Nations said it expects member states to respect its right to privacy and is assessing how to respond to a report that telecommunications company AT&T Inc helped the U.S. National Security Agency spy on the world body's communications. The company gave technical assistance to the NSA in carrying out a secret court order allowing wiretapping of all Internet communications at the headquarters of the United Nations, an AT&T customer, the New York Times reported on Saturday. The New York Times cited newly disclosed NSA documents that date from 2003 to 2013 and were provided by fugitive former NSA contractor Edward Snowden.
Totvs SA, the largest Latin American producer of enterprise software, agreed on Friday to buy Brazilian rival Bematech SA for about 556 million reais ($156 million) in cash and stock, creating a company whose software will cater to more than half the restaurants, retailers and hotels in the country. Under terms of the transaction outlined in a public statement, Bematech shareholders will receive 9.35 reais in cash minus intermediary dividends, plus 0.0434 Totvs stock for each of their shares. Based on those terms, Totvs would be paying a premium of about 54 percent over Bematech’s closing price on Thursday and the equivalent of 7.2 times Bematech’s estimated operational earnings this year, according to Thomson Reuters calculations.
By Joseph Menn SAN FRANCISCO (Reuters) – Beginning more than a decade ago, one of the largest security companies in the world, Moscow-based Kaspersky Lab, tried to damage rivals in the marketplace by tricking their antivirus software programs into classifying benign files as malicious, according to two former employees. Some of the attacks were ordered by Kaspersky Lab's co-founder, Eugene Kaspersky, in part to retaliate against smaller rivals that he felt were aping his software instead of developing their own technology, they said. “Eugene considered this stealing,” said one of the former employees.
By Gerry Shih BEIJING (Reuters) – China's Lenovo Group Ltd will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will help it become a global smartphone leader. Lenovo, which uses the U.S. dollar in operations rather than the recently devalued Chinese yuan, said it plans to cut about 3,200 non-manufacturing jobs with a one-time cost of $600 million. Beijing-based Lenovo said the restructuring would yield savings of about $1.35 billion on an annual basis.
Google Inc's overhaul of its operating structure is an acknowledgement of the lack of transparency surrounding its disparate businesses and projects, analysts said, but it remains to be seen how much more the company will actually disclose. Analysts and investors have long sought more granular detail on Google's capital spending and cash flow, as well as the financial performance of YouTube and Android. Google said on Monday it would split into two reporting companies under a new holding company called Alphabet.
Written by: Denton Vacuum, LLC Summary: Learn how transparent conducting films are made. Have you ever wondered how your LCD screen computer monitor works? One of the major components to […]