2011年5月19日星期四

Technology Report: China piracy cost U.S. firms $48 billion in 2009: report

Reuters
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05/18/2011
News Good afternoon Bit
Mere days after Sony began restoring access to its PlayStation Network, the company said it had discovered a security flaw on one of the websites set up to help the millions of users affected by April's massive data breach reset their passwords.

The "security hole", as Sony spokesman Dan Race termed it, could allow the hackers who perpetrated the April breach to access the accounts using the data they had stolen. Sony shut the webpage down in response. No hacking had taken place prior to taking down the page, Race noted.

Hacking occupied the minds of executives at the Reuters Global Technology Summit as well. Mobile hacking in particular was a hot topic of discussion, with executives at software giants and startups alike expressing their desire to cash in on ways to help smartphone users protect themselves as hackers increasingly target mobile devices.

"The mobile security market will one day be bigger than that of computers," said Neil Rimer, co-founder of Geneva-based fund Index Ventures.

In other summit news, a senior Intel executive told Reuters that the popularity of the iPad and other Apple devices often helps shape how the chipmaker thinks about future devices and the chips that will power them. An executive at Rovio, creator of the popular mobile game Angry Birds, told Reuters it is aiming for a stock market listing in New York within two or three years.

Microsoft co-founder Bill Gates seems pleased with his company's acquisition of Skype. Combining Microsoft and Skype will vastly improve the state of video conferencing, Gates told the BBC in an interview.
LATEST NEWS
China piracy cost U.S. firms $48 billion in 2009: report
May 18, 2011 04:04 PM ET
BIG SKY, Montana (Reuters) - Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released on Wednesday. | Full Article
LinkedIn IPO prices at $45 per share, but risks real
May 18, 2011 05:26 PM ET
NEW YORK (Reuters) - LinkedIn sold $352.8 million worth of shares to the public on Wednesday and the intense demand for the stock could be a sign of just how important "social networking" is becoming. | Full Article
Intel eyes Apple as it plans future chips
May 18, 2011 01:58 PM ET
NEW YORK (Reuters) - Trend-setting products launched by Apple Inc are a key factor in Intel Corp's plans for new processors, a senior executive of the world's top chipmaker said. | Full Article
Mobile hacking sets off security gold rush
May 18, 2011 10:33 AM ET
PARIS (Reuters) - Hackers are increasingly aiming attacks at smartphones, touching off a race among software giants, startups and telecom operators seeking to cash in on ways to help consumers protect themselves. | Full Article
Wall Street snaps losing streak, but headwinds remain
May 18, 2011 04:38 PM ET
NEW YORK (Reuters) - Wall Street snapped its three-day losing streak on Wednesday thanks to a rebound in commodity prices and Dell's strong earnings, but investors say stocks still face headwinds. | Full Article
BUSINESS NEWS
Most at Fed want rate hikes before asset sales
May 18, 2011 04:11 PM ET
WASHINGTON (Reuters) - Most Federal Reserve officials prefer to raise rock-bottom interest rates before selling assets when the time comes to tighten policy, restoring their main tool for managing the economy, according to minutes of their April meeting. | Full Article
Macy's regains S&P investment grade after two years
May 18, 2011 05:32 PM ET
NEW YORK (Reuters) - Macy's Inc regained its investment grade debt rating on Wednesday from Standard & Poor's, which cited the retailer's "robust performance, with results ahead of peers." | Full Article
"Gossip Queen" and cash stash at New York traders' trial
May 18, 2011 04:50 PM ET
NEW YORK (Reuters) - A defense lawyer channeling Donald Trump, an informant dubbed "Gossip Queen" and a secret stash of cash. | Full Article
Daimler must face Argentina abuse lawsuit in U.S.
May 18, 2011 04:53 PM ET
NEW YORK (Reuters) - Daimler AG was ordered on Wednesday to face a U.S. lawsuit alleging it participated in the kidnapping, torture and death of Mercedes-Benz workers in Argentina's "Dirty War" three decades ago. | Full Article
Hotel maid to testify, IMF chief pressured to quit
May 18, 2011 05:25 PM ET
NEW YORK/PARIS (Reuters) - A hotel maid who says IMF chief Dominique Strauss-Kahn tried to rape her was due to testify to a New York grand jury on Wednesday, as the French presidential hopeful faced growing pressure to resign. | Full Article
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