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Bitcoin entrepreneur indicted for allegedly laundering money to ‘Silk Road’ online market

By Joseph Ax NEW YORK (Reuters) – Prominent bitcoin entrepreneur Charlie Shrem has been indicted by a federal grand jury in New York on charges of funneling cash to the illicit online marketplace Silk Road. Shrem, known as one of the digital currency’s most visible promoters, is accused of conspiring…

FBI abruptly leaves Senate hearing after being asked about ‘Insider Threat’ program

FBI Abruptly Walks Out On Senate Briefing After Being Asked How ‘Insider Threat’ Program Avoids Whistleblowers (via Techdirt) While we’ve been disappointed that Senator Chuck Grassley appears to have a bit of a double standard with his staunch support for whistleblowers when it comes to Ed Snowden, it is true…

‘Heartbleed’ online bug hits 1.5 million users of British parenting site

British parenting website Mumsnet is the latest organisation to have been hacked due to the “Heartbleed” bug, founder Justine Roberts revealed on Monday. “Last week we became aware of the Heartbleed bug and immediately applied a fix to close the OpenSSL security hole,” she said in a statement. “However, it…

US Airways replies to Twitter complaint with graphic sexual photo involving a toy plane

US Airways became the target of online mockery after it responded to a complaint with a graphic sexual image on its Twitter feed, Jalopnik reported on Monday. The photo showed a naked woman with a toy airplane inserted into her vagina. The picture, which Deadspin reported was actually taken from…

Google to buy drone-maker Titan Aerospace in hopes of expanding Internet access

(Reuters) – Google Inc said it will buy drone-maker Titan Aerospace in an attempt to provide Internet access to more parts of the world, the Wall Street Journal reported on Monday. Google did not disclose a purchase price for Titan, whose solar-powered drones are intended to fly for years, the…

Twitter executives meet with Turkish officials to discuss social media ban

Twitter executives met Turkish government officials for talks Monday amid accusations of tax evasion by Prime Minister Recep Tayyip Erdogan and a row over content on the social media site. They are the first direct talks since Ankara banned access to the site last month over leaks on the social…

Reddit co-founder tells Joe Rogan: Cable companies about to ‘f*ck up’ the Internet

The Internet faces an existential threat from the cable companies that provide service to millions of Americans, said the founder of Reddit.com. Web entrepreneur Alexis Ohanian appeared last week on the Joe Rogan Experience to talk about the future of online rights and access. He said only about six to…

Sharp increase in number of U.S. Internet users who had data stolen: survey

Some 18 percent of US Internet users have had important personal data such as bank account information stolen and the problem appears to be getting worse, a survey showed Monday. The Pew Research Center study carried out in January showed a sharp increase from mid-2013, when 11 percent reported being…

Canada taxpayer data stolen in ‘Heartbleed’ breach

OTTAWA (Reuters) – Canada’s tax-collection agency reported on Monday that the private information of some 900 people had been stolen from its computer systems as a result of vulnerabilities caused by the ‘Heartbleed’ bug. The breach allowed someone to extract social insurance numbers, which are used for employment and gaining…

Travelers expect in-flight wi-fi, but airlines wary of investing in ‘betamax’ technology

Wi-Fi in the sky is taking off, promising much better connections for travelers and a bonanza for the companies that sell the systems. With satellite-based Wi-Fi, Internet speeds on jetliners are getting lightning fast. And airlines are finding that travelers expect connections in the air to rival those on the…

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