internet

A robust cyber security insurance policy can be tricky to procure, even for the most meticulous wealth management firms. Interest in cyber insurance has surged over the past year following a number of high-profile hackings, including one announced earlier this month involving the U.S. Office of Personnel Management. In response, many industries and the financial services industry in particular, have stepped up their vigilance against cyber crimes.

By Foo Yun Chee BRUSSELS (Reuters) – [GETTY.UL] has become the latest company to take its grievances with Google to EU antitrust regulators as it accused the world's most popular Internet search engine of favoring its own images service at the expense of rivals. The complaint comes as the European Commission waits for Google to respond to charges of abusing its market power in a dozen EU countries since 2007 by distorting search results to favor its shopping service. The renowned photojournalism archive said its troubles with Google started in early 2013.

By Andrea Shalal WASHINGTON (Reuters) – A massive breach of U.S. federal computer networks disclosed this week is the latest in a flood of attacks by suspected Chinese hackers aimed at grabbing personal data, industrial secrets and weapons plans from government and private computers. The Obama administration on Thursday disclosed the breach of computer systems at the Office of Personnel Management and said the records of up to 4 million current and former federal employees may have been compromised. U.S. officials have said on condition of anonymity they believe the hackers are based in China, but Washington has not publicly blamed Beijing at a time when tensions are high over Chinese territorial claims in the South China Sea.

By Foo Yun Chee BRUSSELS (Reuters) – U.S. tech firm Disconnect has filed a complaint to EU antitrust regulators against Google's ban on its privacy app, accusing the Silicon Valley giant of abusing its dominant market position. Disconnect, set up four years ago by former Google engineers, says its app protects users of the Android operating system from invisible tracking and malware distributed through advertisements. It said Google had abused its position by blocking the app from the Google Play store last year, and had gained an unfair advantage over competitors by integrating its own privacy and security services into its own products.

By Dan Levine and Lawrence Hurley SAN FRANCISCO/WASHINGTON (Reuters) – The Obama administration has been locked in internal wrangling over what position to take in high profile litigation between two American technology giants, Google and Oracle, according to multiple sources familiar with the discussions. It faces an end-of-May deadline to decide whether to take sides in a case before the U.S. Supreme Court that will have wide implications for the technology industry.     The case involves how much copyright protection should extend to the Java programing language. Oracle won a federal appeals court ruling last year that allows it to copyright parts of Java, while Google argues it should be free to use Java without paying a licensing fee. Google, which used Java to design its Android smartphone operating system, appealed to the U.S. Supreme Court.

China's Defense Ministry on Friday denied that it had anything to do with a cyber attack on Register.com, a unit of Web.com, following a report in the Financial Times that the FBI was looking into the Chinese military's involvement. “The relevant criticism that China's military participated in Internet hacking is to play the same old tune, and is totally baseless,” the ministry said in a fax to Reuters in response to a question about the story. It is not clear what the Chinese military would be looking for or what it would gain from Register.com's data. China and the United States regularly accuse each other of hacking attacks.

By Lindsay Dunsmuir WASHINGTON (Reuters) – Two Vietnamese citizens and a Canadian have been charged over roles in hacking email service providers in the United States in one of the largest reported data breaches in the nation's history, the Department of Justice said on Friday. Viet Quoc Nguyen, 28, is charged with hacking at least eight email service providers between February 2009 and June 2012 and obtaining more than one billion email addresses. According to the allegations, Nguyen and fellow Vietnamese citizen Giang Hoang Vu, 25, used the data to send so-called spam to tens of millions of people. Vu, who was extradited to the United States in March of last year, pleaded guilty on Thursday to conspiracy to commit computer fraud.

Google Inc submitted plans on Friday for a vastly expanded headquarters at the Silicon Valley city where the tech giant is based, presenting a bucolic vision of movable structures to be built under curving and translucent canopies. The submission of the plan to the City Council in Mountain View, California, which the company chose for its headquarters 15 years ago, marks the first step in what city officials describe as a long review process. The new headquarters would give the Internet company the room for an additional 10,000 employees, compared to the 20,000 Google staffers that currently work in the city, a Google spokeswoman said. Google's blueprint for new headquarters in the city's North Bayshore district has gathered widespread attention because the design is seen as architecturally innovative.

Google Inc submitted plans on Friday for a vastly expanded headquarters at the Silicon Valley city where the tech giant is based, presenting a bucolic vision of movable structures to be built under curving and translucent canopies. The submission of the plan to the City Council in Mountain View, California, which the company chose for its headquarters 15 years ago, marks the first step in what city officials describe as a long review process. The new headquarters would give the Internet company the room for an additional 10,000 employees, compared to the 20,000 Google staffers that currently work in the city, a Google spokeswoman said. Google's blueprint for new headquarters in the city's North Bayshore district has gathered widespread attention because the design is seen as architecturally innovative.

By Mary Milliken LOS ANGELES (Reuters) – When Amazon Inc announced on Monday its move into the movie business, the Internet retailer sent a ripple through Hollywood's pool of independent film. With plans to produce 12 films per year with budgets ranging from $5 million to $25 million, for theatrical release and streaming on Amazon Prime video 4-8 weeks later, a digital company is creating a new art-house studio and getting films into consumers' hands and living rooms faster. “It's a great business,” said Mark Gordon, the veteran Hollywood television and film producer behind movies like “Saving Private Ryan” and the new Steve Jobs biopic. “By financing a movie they feel good about and knowing where their second window is going to be, there is a huge opportunity for them and the rest of the creative community.” Amazon's announcement came as a surprise, but the Seattle-based company had already built up its credibility among Hollywood's creative types, most notably with its television series “Transparent,” which won two Golden Globes last week, its first major awards since starting Amazon Studios in 2010.