| Newegg, Overstock win patent fight with Alcatel-Lucent |
 WASHINGTON (Reuters) - The online shopping sites Newegg and Overstock Inc won a patent battle on Wednesday with telecom equipment maker Alcatel-Lucent SA, which had accused the companies of infringing its patented technology. The U.S. Court of Appeals for the Federal Circuit, which hears all patent appeals, upheld a lower court decision which found that Newegg and Overstock did not infringe on a software patent that allows computers to adapt the shopping web sites to their own screen size rather than having a server do the work. ...
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| Battered networks blow up traditional TV schedule to take on cable, streaming rivals |
By Tim Molloy NEW YORK (TheWrap.com) - One of the biggest television shows next season won't air until the season is nearly over - and that should tell you something about broadcasters' wavering loyalty to the traditional September-May broadcast season. Fox plans to debut its 12-episode "24" revival in May, and use it to launch another much-hyped, limited-run series, M. Night Shyamalan's "Wayward Pines." The network is following the lead of NBC, which used an unconventional April launch date for "The Voice" in 2011 to build it into a hit. ... |
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| Why YouTube cover sensation Sam Tsui turned down record labels for his debut album |
By Lucas Shaw NEW YORK (TheWrap.com) - Michael Jackson landed Sam Tsui on Oprah, but now Tsui must rely on someone else's music - his own. A 24-year-old Pennsylvania native, Tsui blossomed into one of the most popular cover artists on YouTube while at Yale, covering everyone from Jackson to Britney Spears to Adele. His channel amassed more than 500,000 subscribers with the help of childhood friend and producer Kurt Schneider, who helped deliver Tsui's covers and mash-ups to millions of fans. ... |
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| LulzSec hackers "at cutting edge" of cyber crime, court told |
 By Estelle Shirbon LONDON (Reuters) - Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was "anarchic self-amusement", a court heard on Wednesday. The men, who have pleaded guilty to a variety of offences, were members of the hacking collective LulzSec that caused millions of dollars of damage to corporate and government computer networks during an online crime spree they boasted about on Twitter. ...
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| After ATM heist, India's IT sector again in unwelcome spotlight |
 By Swati Pandey and Harichandan Arakali MUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation. Global banks that ship work to be processed in India, either in-house or to big IT services vendors, were already under pressure to step up oversight of back-office functions after a series of scandals last year. Last week, U.S. ...
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| GM says new data centers will improve vehicles, margins |
 By Deepa Seetharaman WARREN, Michigan (Reuters) - General Motors Co said it is investing $546 million in two new Michigan data centers in hopes it will free up millions of dollars to boost vehicle quality more quickly. The largest U.S. automaker unveiled a $288 million data center in the Detroit suburb of Warren on Monday, which went online in January. Construction of a $258 million companion center at the GM vehicle proving grounds in Milford, Michigan, will begin this summer. ...
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| London's Unruly snaps up viral video firm Shareifyoulike |
LONDON (Reuters) - Unruly, one of London's hottest tech companies, has made its first acquisition, buying Germany's Shareifyoulike to gain the leading position in viral video marketing in the country. Unruly and Shareifyoulike work with advertisers and their agencies to create viral campaigns, whereby ads are viewed, shared and talked about on social networks, creating millions of pounds worth of marketing for brand owners. "Germany is a key market for us, it's the largest advertising economy in Europe," Unruly co-founder Sarah Wood told Reuters in an interview. ... |
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| Disney's ABC to start first streaming of live broadcast shows |
 By Ronald Grover LOS ANGELES (Reuters) - Disney's ABC network will become the first broadcast network to stream its shows live online through an ongoing service, starting with viewers of its TV stations in New York and Philadelphia on May 14 and expanding to its other stations by the end of the summer. To promote its WATCH ABC service, through the end of June Disney is allowing all viewers of its WABC station in New York and WPVI station in Philadelphia to watch live ABC programs online or on mobile devices by downloading the WATCH ABC app, Disney said in a statement. ...
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| India IT watchdog investigating breach in ATM heist |
 By Swati Pandey and Supantha Mukherjee MUMBAI/BANGALORE (Reuters) - The Indian government's cyber watchdog is investigating how security at two companies that are part of the country's vast IT services industry was breached in a global ATM heist that saw $45 million stolen from two banks in the Middle East. EnStage Inc, which operates from Bangalore, and ElectraCard Services, based in the Indian city of Pune, processed card payments for the two banks that were hit in the theft, several people familiar with the situation said. ...
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| For banks in cyber heist, how to get their money back? |
 By Joseph Ax NEW YORK (Reuters) - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. Oman-based Bank of Muscat lost $40 million and United Arab Emirates-based National Bank of Ras Al Khaimah PSC (RAKBANK) lost $5 million in the global heist, U.S. prosecutors said on Thursday. Computer hackers broke into third-party companies that processed transactions for prepaid debit cards issued by the banks, the prosecutors said. ...
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| Analysis: Google+ struggles to attract brands, some neglect to update |
 By Alexei Oreskovic SAN FRANCISCO (Reuters) - To mark the Cinco de Mayo holiday this year, Domino's Pizza festooned its Facebook page with a string of posts, including an image of a Mexican-themed guacamole pizza that garnered over 2,000 "likes". But visitors to Domino's companion Google+ page on that day found less festive fare: The most recent post was from October 2012. Two years after introducing its social network, Google Inc is struggling to win over the brands and businesses that have been its most loyal customers in the Internet search market. ...
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| India government IT watchdog investigating breach in ATM heist |
MUMBAI (Reuters) - The Indian government's cyber watchdog is looking into how the computer systems of two companies were breached in a sophisticated global ATM heist that saw $45 million stolen from two banks in the Middle East. EnStage Inc, which operates from Bangalore, and ElectraCard Services, which is based in the Indian city of Pune, processed card payments for the two banks that were hit in the theft, according to several people familiar with the situation. ... |
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