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U.S. indicts Chinese, Taiwan firms for targeting Micron trade secrets

2 weeks ago DieselGasoil Comments Off on U.S. indicts Chinese, Taiwan firms for targeting Micron trade secrets
WASHINGTON (Reuters) – The U.S. Justice Department unveiled an indictment against two companies based in China and Taiwan and three individuals on Thursday, saying they conspired to steal trade secrets from U.S. semiconductor company Micron Technology Inc (MU.O) relating to its research and development of memory storage device products. U.S. Attorney General Jeff Sessions announces Read More

Factbox: Ten years of bitcoin

2 weeks ago DieselGasoil Comments Off on Factbox: Ten years of bitcoin
LONDON/NEW YORK (Reuters) – Bitcoin, the world’s first and most famous cryptocurrency, celebrates its tenth birthday on Wednesday. Bitcoin.com buttons are seen displayed on the floor of the Consensus 2018 blockchain technology conference in New York City, New York, U.S., May 16, 2018. REUTERS/Mike Segar Its emergence has spawned a multitude of other digital currencies, Read More

Facebook expects rising costs to combat scandals to moderate after 2019

2 weeks ago DieselGasoil Comments Off on Facebook expects rising costs to combat scandals to moderate after 2019
(Reuters) – Facebook Inc (FB.O) on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals ease up, sending shares up despite a second-straight quarter with record-low user growth. Chief Executive Mark Zuckerberg repeated the company’s warning that growing user interest in private messaging, video and safer content would Read More

Cathay Pacific shares slide to nine-year low as data leak rattles investors

3 weeks ago DieselGasoil Comments Off on Cathay Pacific shares slide to nine-year low as data leak rattles investors
HONG KONG (Reuters) – Shares of Cathay Pacific Airways Ltd (0293.HK) slid nearly 7 percent to a nine-year low on Thursday after it said data of about 9.4 million passengers of Cathay and its unit, Hong Kong Dragon Airlines Ltd, had been accessed without authorization. A Cathay Pacific Airways Airbus A350-900 airplane approaches to land Read More

Cathay Pacific shares hit nine-year low after data leak affects 9.4 million passengers

3 weeks ago DieselGasoil Comments Off on Cathay Pacific shares hit nine-year low after data leak affects 9.4 million passengers
HONG KONG (Reuters) – Shares of Cathay Pacific Airways Ltd (0293.HK) dropped more than 6 percent on Thursday to a nine-year low after it said data of about 9.4 million passengers of Cathay and its unit, Hong Kong Dragon Airlines Ltd, had been accessed without authorization. A Cathay Pacific Airways Airbus A350-900 airplane approaches to Read More

Saudi investment conference site taken down by hackers

3 weeks ago DieselGasoil Comments Off on Saudi investment conference site taken down by hackers
The fallout from the murder of Saudi columnist Jamal Khashoggi continued Monday when a high-profile investment conference known as “Davos in the Desert” saw its website defaced by hackers. The conference’s homepage was taken over and replaced with a message calling for Saudi officials to be held “responsible for its barbaric and inhuman action, such as Read More

MBS with a sword over Khashoggi’s head appears on hacked Saudi investment conference website

4 weeks ago DieselGasoil Comments Off on MBS with a sword over Khashoggi’s head appears on hacked Saudi investment conference website
Hackers have defaced the website of a major Saudi Arabian investment conference, days after Saudi officials admitted journalist Jamal Khashoggi was killed inside their Istanbul consulate, allegedly in a “fist fight.” The Future Investment Initiative forms part of the Saudi royal family’s Vision 2030 plan, which aims to encourage foreign investment and break the kingdom’s Read More