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  • In the end, the deal survived only after Taser dropped Amazon.com Inc as the data storage provider for the year-long project. The fact that Amazon did not have a data center in Britain was a deal breaker for British officials, according to Taser. The case is an example of the challenges that Amazon faces as it works to expand its cloud computing business, known as...

  • Companies' data security in question after Sony hack Friday, 19 Dec 2014 | 12:05 AM ET

    The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in the cancellation of a Sony film and ultimately could cost the movie studio hundreds of millions of dollars. "The Sony breach is a real wake-up call even after the year of mega-breaches we've seen," says Lee Weiner, Boston security firm Rapid7's senior vice...

  • *White House not in position to confirm North Korea responsible. WASHINGTON/ LOS ANGELES, Dec 18- Washington made the woes of cyberattack victim Sony Pictures its own on Thursday as the White House acknowledged that the devastating strike against the big Hollywood studio was a matter of national security that would be met by a forceful government response.

  • Sony's capitulation could mean that more businesses will be targeted for cyberwarfare and extortion, they said. The crisis at Sony Corp's movie studio is prompting executives to think more broadly and to use data encryption software for internal data. Sony on Wednesday dropped the comedy that features the assassination of North Korea's leader after...

  • *Xerox to sell information technology outsourcing business to Atos for $1.05 billion. *Xerox says deal with Atos also includes additional consideration of $50 million; deal expected to close in the first half of 2015. *Xerox says now expects full-year 2014 gaap earnings per share from continuing operations of $0.87- $0.89.

  • Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, raised its profit forecast for the full year after reporting quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions. Shares of Red Hat, which counts IBM Corp, Dell Inc and Alcatel-Lucent SA among its customers, were up 10.6...

  • SAN FRANCISCO/ DETROIT, Dec 18- Google Inc is laying the groundwork for a version of Android that would be built directly into cars, sources said, allowing drivers to enjoy all the benefits of the Internet without even plugging in their smartphones. "It provides a much stronger foothold for Google to really be part of the vehicle rather than being an add-on," said...

  • Sony hacking fallout puts all companies on alert Thursday, 18 Dec 2014 | 4:52 PM ET

    The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in the cancellation of a Sony film and ultimately could cost the movie studio hundreds of millions of dollars. "The Sony breach is a real wake-up call even after the year of mega-breaches we've seen," says Lee Weiner, Boston security firm Rapid7's senior vice...

  • Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions. Revenue from subscriptions, Red Hat's biggest revenue source, rose 15.1 percent to $394.7 million in the third quarter ended Nov. 30. Red Hat shares closed at...

  • Red Hat tops Street 3Q forecasts, shares jump Thursday, 18 Dec 2014 | 4:15 PM ET

    RALEIGH, N.C.— Shares of Red Hat Inc. jumped in aftermarket trading Thursday after the open-source software company reported third-quarter results that topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for adjusted earnings of 40 cents per share. Red Hat's shares rose $5.72, or 9.3 percent, to $67.22...

  • Dow soars 400 points, led by rally in tech sector Thursday, 18 Dec 2014 | 4:14 PM ET

    NEW YORK— The Dow Jones industrial average had its biggest day in three years, soaring more than 400 points as the stock market extended a rally into a second day. The Dow closed up 421 points, or 2.4 percent, to 17,778 Thursday, its largest gain since December 2011. Oracle led a rally in technology shares after the business software maker reported earnings that were...

  • Timeline of the Sony Pictures Entertainment hack Thursday, 18 Dec 2014 | 3:23 PM ET

    It's been four weeks since hackers calling themselves Guardians of Peace began their cyberterrorism campaign against Sony Pictures Entertainment. Nov. 24: Workers at Sony Pictures Entertainment in Culver City, California log on to their computers to find a screen message saying they had been hacked by a group calling itself Guardians of Peace.

  • Files of more than 40,000 federal workers breached Thursday, 18 Dec 2014 | 2:51 PM ET

    Concerned that some data might have been exposed, the Office of Personnel Management has begun notifying workers that their files were in jeopardy. The USIS breach, similar to previous hacking episodes traced to China, tainted the files of at least 25,000 Department of Homeland Security workers and prompted the personnel office's decision to halt all of USIS'...

  • SAN JOSE, Calif., Dec 18- A judge on Thursday said she would require consumers suing Google over its Android smartphone operating system to submit more factual details in order for an antitrust lawsuit to proceed, at a time when the Internet search company faces increased regulatory pressure. The lawsuit filed earlier this year says Google Inc requires Android...

  • WASHINGTON, Dec 18- The United States said on Thursday a cyber attack on Sony Pictures blamed on North Korea was a serious national security matter and the Obama administration was considering a proportional response. Hackers who said they were incensed by a film on the fictional assassination of North Korea's leader attacked Sony Corp last month, leaking...

  • The Dow Jones industrial average surged more than 300 points on Thursday, building on gains from a day earlier after the Federal Reserve indicated that it was in no rush to raise interest rates as the economy strengthened. Oracle led a rally in technology shares after the business software maker reported earnings that were better than expected.

  • WASHINGTON, Dec 18- The United States was considering possible options on Thursday in response to a major cyber attack on Sony Pictures blamed on North Korea, amid calls for tougher sanctions on Pyongyang to cut it off from the global banking system. Hackers who said they were incensed by a film on the fictional assassination of North Korea's leader attacked...

  • US stocks move higher, building on Fed gains Thursday, 18 Dec 2014 | 11:57 AM ET

    NEW YORK— The U.S. stock market is moving sharply higher, building on gains from the day before after the Federal Reserve indicated it was in no rush to raise interest rates. Oracle led a rally in technology shares in midday trading Thursday after the business software maker reported earnings that were better than expected. The Dow Jones industrial average rose...

  • LAWSKY SAYS BITCOIN RULES NOT TO EXTEND TO SOFTWARE DEVELOPERS, USERS, MERCHANTS.

  • Botched cyberattack on Syria group blamed on IS Thursday, 18 Dec 2014 | 8:10 AM ET

    Internet watchdog Citizen Lab says an attempt to hack into systems operated by dissidents within the self-styled caliphate could be the work of hackers affiliated with the Islamic State group. Citizen Lab analyst John Scott-Railton said there is circumstantial evidence of the group's involvement, and cautioned that if the group has moved into...