Canadian MPs in lockdown tweet of terror fears, toilet line ups
By Randall Palmer and David Ljunggren OTTAWA (Reuters) - Canadian lawmakers locked down inside parliament for up to 10 hours turned to Twitter to send messages to their friends and families letting them know they were safe albeit exhausted. Politicians across the political spectrum, often at odds over serious issues, were united in their concern and dismay after a gunman launched an attack on the building. ...

Yelp.com owner 4th-qtr revenue forecast misses expectations
(Reuters) - Yelp Inc, operator of consumer review website Yelp.com, forecast current-quarter revenue below analysts' average estimate, sending its shares down as much as 14 percent after the bell. The company forecast revenue of $107 million to $108 million for the fourth-quarter. Analysts on average were expecting $111.0 million, according to Thomson Reuters I/B/E/S. However, Yelp reported a better-than-expected 67.5 percent rise in third-quarter revenue as its business customers spent more on advertising. ...

Google launches new email service dubbed 'Inbox'

A Google logo is seen at the garage where the company was founded on Google's 15th anniversary in Menlo Park, California(Reuters) - Google Inc launched an email service called "Inbox" on Wednesday that will better organize emails and display information such as appointments, flight bookings and package deliveries in a more user-friendly way. Google said it was sending out invitations to selected Gmail users to try out the new service. Users can also email the company at inbox@google.com to get an invitation. For now the new service is being provided alongside Gmail, which was launched in 2004. It will be available on the Web as well as on Android smartphones and iPhones. ...



Angie's List adds fewer members; shares plunge
By Sai Sachin R (Reuters) - Angie's List Inc, which operates a website that allows users to review local businesses, reported a bigger-than- expected quarterly loss as it added fewer paid members. The company's shares fell as much as 20 percent, adding to their steady decline through the year. Up to Tuesday's close, they had nearly halved in value this year. The company has been losing market share and subscribers because it charges customers membership fees to access reviews and ratings on its site that Yelp Inc, TripAdvisor Inc and others provide for free. ...

Pope Francis plays long game to reform Catholic Church

A gust of wind blows Pope Francis' mantle as he leaves at the end of his weekly audience in Saint Peter's Square at the VaticanVATICAN CITY (Reuters) - After winning praise around the world for his fresh and open style, the honeymoon period seems to be over for Pope Francis. A tumultuous two-week Vatican synod exposed polarization in the Catholic Church over his push to reform its traditional approach to sexual morality by becoming more welcoming to gays and easing restrictions on divorced and remarried Catholics. A Jesuit unafraid of frank debate, Francis has set off a clash of opinions not seen since the reformist Second Vatican Council of 1962-1965. ...



EMC to buy much of Cisco's stake in joint venture VCE
(Reuters) - Data storage products maker EMC Corp said it will buy much of Cisco System Inc's stake in their joint venture VCE for an undisclosed sum. VCE, set up in 2009 as a one-stop shop for data centers, bundles Cisco's networking equipment and servers with EMC's storage gear and software from EMC's virtualization software unit VMware Inc. Reports of EMC and Cisco encroaching on each other's turfs had sparked speculation that the partnership was fraying. Cisco, which had a 35 percent stake in the joint venture, will retain a 10 percent stake in VCE. ...

Hungary plans new tax on Internet traffic, public calls for rally
By Marton Dunai BUDAPEST (Reuters) - Hungary plans to impose a new tax on Internet data transfers, a draft 2015 tax bill submitted to parliament late on Tuesday showed, in a move that could hit Internet and telecoms providers and their customers hard. The draft tax code contains a provision for Internet providers to pay a tax of 150 forints (60 US cents) per gigabyte of data traffic, though it would also let companies offset corporate income tax against the new levy. ...

Hungary ruling party proposes cap on planned Internet tax: statement
BUDAPEST (Reuters) - Hungary's ruling Fidesz party on Wednesday proposed setting a cap on a planned Internet tax that led to an outcry from the Internet and telecommunications sectors, which could face bills for hundreds of billions of forints under the original plan. "We think it is practical to introduce an upper limit in the same fashion and of the same magnitude that applied to voice-based telephony in the previous tax code," Fidesz parliament group leader Antal Rogan said in an emailed statement. Previously, private individuals' tax payments were maximized at a monthly 700 forints ($2. ...

New York financial regulator pushes banks to plug gaps in cybersecurity
(Reuters) - Following the massive cyber attack on the biggest U.S. bank JPMorgan Chase & Co disclosed in August, and other financial institutions, government authorities in United States are pushing financial institutions and brokerage houses to close glaring gaps in cybersecurity. In a letter sent to many banks on Tuesday, the New York State Department of Financial Services superintendent, Benjamin Lawsky, expressed concern about the "level of insight financial institutions have into the sufficiency of cybersecurity controls of their third-party service providers. ...

Exclusive: Ex-spy chief's private firm ends deal with U.S. official

Former National Security Agency Director Keith Alexander participates in a panel discussionBy Warren Strobel and Mark Hosenball WASHINGTON (Reuters) - Former National Security Agency director Keith Alexander has ended a deal with a senior U.S. intelligence official allowing the official to work part-time for his firm, an arrangement current and former officials said risked a conflict of interest. Reuters reported on Friday that the U.S. National Security Agency had launched an internal review of the arrangement between NSA Chief Technical Officer Patrick Dowd and IronNet Cybersecurity Inc, which is led by Alexander, his former boss. ...



Yahoo in talks to buy ad service BrightRoll: TechCrunch

A Yahoo logo is pictured in front of a building in Rolle(Reuters) - Online search and advertising company Yahoo Inc is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported. Term sheets have been signed and the price, if the deal is completed, looks likely to be in the region of $700 million–$725 million, the blog reported, without citing sources. BrightRoll, which helps advertisers to publish ads on websites, mobiles and connected TVs, raised over $40 million from investors and had over $100 million in revenue in 2013, according to the report. (http://tcrn. ...



U.S. national security prosecutors shift focus from spies to cyber

JP Morgan headquartersBy Aruna Viswanatha WASHINGTON (Reuters) - The U.S. Justice Department is restructuring its national security prosecution team to deal with cyber attacks and the threat of sensitive technology ending up in the wrong hands, as American business and government agencies face more intrusions. The revamp, led by Assistant Attorney General John Carlin, also marks a recognition that national security threats have broadened and become more technologically savvy since the 9/11 attacks against the United States. ...



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