Technology News

LulzSec hacker receives year in prison for Sony breach

By Dan Whitcomb LOS ANGELES | Thu Apr 18, 2013 5:57pm EDT LOS ANGELES (Reuters) - A hacker who pleaded guilty last year to taking part in an extensive computer breach of Sony Pictures Entertainment was sentenced on Thursday in Los Angeles to a year in prison, followed by home detention, federal prosecutors said. Cody Kretsinger, a LulzSec hacker who used the online ...

18 Apr 9:57 PM 0 Read More...

Senate edges closer to vote on Internet sales tax

By Kim Dixon WASHINGTON | Thu Apr 18, 2013 5:32pm EDT WASHINGTON (Reuters) - Legislation giving states the power to compel retailers outside their borders to collect online sales taxes, a touchy subject for Internet merchants, is likely to move forward in the Senate next week. Senate Majority Leader Harry Reid on Thursday filed a motion in support of the measure. Cu...

18 Apr 9:32 PM 0 Read More...

U.S. House passes cybersecurity bill as privacy concerns linger

By Alina Selyukh WASHINGTON | Thu Apr 18, 2013 5:33pm EDT WASHINGTON (Reuters) - The House of Representatives passed legislation on Thursday designed to help companies and the government share information on cyber threats, though concerns linger about the amount of protection the bill offers for private information. This is the second go-around for the Cyber Intelli...

18 Apr 9:29 PM 0 Read More...

AMD results beat expectations in declining PC market

By Noel Randewich Thu Apr 18, 2013 4:37pm EDT (Reuters) - Advanced Micro Devices Inc forecast current-quarter revenue above Wall Street's expectations as it rushes to find new markets to offset its declining core PC chip business. The chipmaker on Thursday reported revenue of $1.09 billion, down from $1.59 billion in the year-ago quarter. It said June-quarter revenue would r...

18 Apr 8:37 PM 0 Read More...

Microsoft CFO exits; profit, shares rise

By Bill Rigby SEATTLE | Thu Apr 18, 2013 4:29pm EDT SEATTLE (Reuters) - Microsoft Corp said on Thursday Chief Financial Officer Peter Klein would leave at the end of June after 3-1/2 years in the post, as the world's biggest software company struggles with sharply declining personal computer sales and a lukewarm reception for its new Windows 8 operating system. Klei...

18 Apr 8:29 PM 0 Read More...

House passes cybersecurity bill as privacy concerns linger

By Alina Selyukh WASHINGTON | Thu Apr 18, 2013 4:26pm EDT WASHINGTON (Reuters) - The House of Representatives passed legislation on Thursday designed to help companies and the government share information on cyber threats, though concerns linger about the amount of protection the bill offers for private information. This is the second go-around for the Cyber Intelli...

18 Apr 8:26 PM 0 Read More...

Cypress forecasts lower margins as chip prices fall

By Sayantani Ghosh and Neha Alawadhi Thu Apr 18, 2013 3:20pm EDT (Reuters) - Cypress Semiconductor Corp forecast weak second-quarter margins as rising competition hurts prices of touchscreen microcontrollers used in cellphones, sending its shares down 10 percent. The company, whose touch controllers are used in devices made by South Korea's Samsung Electronics Co, said it ex...

18 Apr 7:20 PM 0 Read More...

Toshiba, SunEdison in deal to build solar plants in Japan : Nikkei

Thu Apr 18, 2013 3:19pm EDT (Reuters) - Toshiba Corp and SunEdison, a unit of U.S.-based MEMC Electronic Materials Inc, have agreed to build solar power plants in Japan, the Nikkei said. SunEdison will sell the power generated at these plants, the paper said.Toshiba expects 270 billion yen ($2.75 billion) in orders for construction of power-plant-related facilities by fiscal year en...

18 Apr 7:19 PM 0 Read More...

EU resistant to China telecoms trade case : Sweden

By Philip Blenkinsop DUBLIN | Thu Apr 18, 2013 3:10pm EDT DUBLIN (Reuters) - A growing number of EU countries do not want the European Commission to launch an investigation into Chinese telecoms equipment makers Huawei and ZTE, Sweden said on Thursday. The European Commission, the EU's executive body, has been collecting evidence to prepare a possible case against t...

18 Apr 7:10 PM 0 Read More...

U.S. judge gives LulzSec hacker year in prison for Sony breach

By Dan Whitcomb LOS ANGELES | Thu Apr 18, 2013 3:06pm EDT LOS ANGELES (Reuters) - A hacker who pleaded guilty last year to taking part in an extensive computer breach of Sony Pictures Entertainment was sentenced on Thursday in Los Angeles to a year in prison, followed by home detention, federal prosecutors said. Cody Kretsinger, a LulzSec hacker who used the online ...

18 Apr 7:06 PM 0 Read More...