Quantcast
Home » Archives » Tech News (Page 357)

‘Probably inevitable’ a country will exit euro: Soros

VIENNA (Reuters) – Billionaire investor George Soros thinks a country will eventually exit the euro zone and urged policymakers on Sunday to come up with a “plan B” that could rescue the European Union from looming economic collapse. Soros, famous for making $1 billion by betting against the British pound…

Bank errors continue to cause wrongful foreclosures

Four years into the foreclosure crisis, banks say they’ve made major improvements in how they handle struggling homeowners. They’ve promised, for example, not to foreclose on homeowners who are being considered for mortgage modifications. But that’s still happening. Consider the cases of Laurie Pinkerton and Lisa Peterson. The two women,…

LulzSec to disband after newest data dump

NEW YORK (Reuters) – The Lulz Security group of rogue hackers announced it was disbanding on Saturday with one last data dump, which included internal AOL Inc and AT&T documents. LulzSec, which gained wide recognition for breaching the websites of Sony Corp, the CIA and a British police unit among…

Social gaming a big winner in smartphone boom

SINGAPORE (AFP) – More virtual livestock looks set to be traded and petulant fowl hurled at targets as social gaming takes hold in the booming mobile phone market, industry experts say. Social gaming, made popular by titles such as “Farmville” and “Angry Birds”, was one of the closely followed topics…

US lightbulb rules spark new political fight

WASHINGTON (AFP) – With a January deadline looming on a US law mandating energy efficiency standards for lightbulbs, some political forces don’t want to turn out the lights. More than a dozen Republican lawmakers are backing efforts to repeal the 2007 law that requires bulbs to consume less energy. Meanwhile…

Hackers school next generation at DEFCON Kids

SAN FRANCISCO (AFP) – DEFCON hackers will share their skills with the next generation at a first-ever children’s version of the infamous gathering of software renegades, lock pickers and social engineers. DEFCON Kids will take place in Las Vegas on August 6-7 during the 19th annual DEFCON started by hackers…

LulzSec hacker group says Internet rampage over

SAN FRANCISCO (AFP) – Lulz Security hacker group said that it has ended an Internet rampage that included cyberattacks on videogame companies, police, and even a US spy agency website. “For the past 50 days we’ve been disrupting and exposing corporations, governments, often the general population itself, and quite possibly…

Google investors fear long battle against Feds

WASHINGTON/SAN FRANCISCO (Reuters) – Larry Page should put in a call to Bill Gates. Microsoft Corp’s famous founder may know better than anyone else what the Google Inc chief executive would face if he engages in a protracted legal battle against U.S. antitrust regulators. Google said on Friday that the…

Iran condemns IEA decision to release oil stocks

TEHRAN (Reuters)- Iran condemned on Saturday a decision by oil consumer nations to release strategic crude stocks as politically motivated interference in the market that would not have a sustained impact on prices. “The measure by the International Energy Agency in consuming their oil stockpile is meddling in the natural…

ECB’s Mersch says Greek default would bring “chaos”

BASEL, Switzerland (Reuters) – European Central Bank Governing Council member Yves Mersch said on Saturday a Greek sovereign debt default would lead to chaos, adding it was up to the parliament to deliver on its austerity promises. Banks and policymakers moved closer to a deal on Friday to help Athens…

Google+