over-the-past

0

By Eric Auchard FRANKFURT (Reuters) – Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, according to European researchers. Computer security experts at the University of Birmingham have published a paper outlining how they were able to clone VW remote keyless entry controls by eavesdropping nearby when drivers press their key fobs to open or lock up their cars. Vehicles vulnerable to this attack include most Audi, VW, Seat and Skoda models sold since 1995 and many of the approximately 100 million VW Group vehicles on the road since then, the researchers said.

0

Europe's antitrust chief dismissed on Friday accusations of anti-U.S. bias over her decision to go after Google for abusing its Internet search dominance and Apple over an Irish tax deal, saying such talk was a fallacy. European Competition Commissioner Margrethe Vestager's robust defense of her actions came after she was criticized in the U.S. media for a spate of cases opened over the past year against U.S. giants such as Google, Apple, Amazon and Starbucks. “Some claim that our cases involving Internet giants such as Apple or Google are evidence of bias.

0

By Aman Shah MUMBAI (Reuters) – Facebook Inc plans to scale up its service to offer free basic Internet on mobile phones, an executive said, after introducing the application in 17 developing countries over the past year. In a blog post released to mark the first year of the initiative, Facebook said it will open a portal allowing any mobile operator to offer the service under its Internet.org platform. Facebook currently partners with specific operators to launch the service in different countries.

0

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.

0

(Reuters) – International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. It was the 12th straight quarter that the Armonk, New York-based company reported a drop in quarterly revenue, including the effects of currency. IBM's revenue has been shrinking for three years now as the company sheds low-profit businesses such as cash registers, low-end servers and semiconductors and focuses on emerging areas such as security software and cloud services, but the new businesses have so far failed to make up for revenue lost to divestitures. Some top shareholders have sought help from activist investors to shake up the company, Reuters reported earlier this month IBM did say that it has generated $7.7 billion in total cloud revenue over the past 12 months, up sharply from the year before.