Articles about Wall Street Journal

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Hacker claims breach of Wall Street Journal and Vice websites, punts 'user data' for sale

A hacker known for attacking news websites has claimed successful hacks against both the Wall Street Journal and Vice. An individual going under the handle "w0rm" posted screenshots in a bid to substantiate his claims of hacks against the WSJ (here) and Vice (here) before offering to sell stolen databases from both publications …
John Leyden, 22 Jul 2014
The Register breaking news

Wall Street Journal launches own WikiLeaks

A new chapter has started in the long and complex story of Julian Assange’s relationship with mainstream media, with the Wall Street Journal launching a competitor whistleblower site. SafeHouse is soliciting whistleblower documents covering “politics, government, banking, Wall Street, deals and finance, corporations, labor, law …
Double Facepalm; when one facepalm is not enough.

Wall Street traders charged with stealing company code via email

Three men have been charged with pilfering trade secrets from a Wall Street firm after two of them emailed themselves computer code belonging to their former employer from their company email accounts. Glen Cressman and Jason Vuu, both former employees of Wall Street firm Flow Traders, were each charged with unlawful …
Neil McAllister, 27 Aug 2013
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Chinese tat bazaar Alibaba snubs Honkers, eyes up Wall St float

Chinese web marketplace Alibaba reportedly looks set to field its initial public offering in the US after it failed to secure a stock exchange listing in Hong Kong. The online-shopping powerhouse, which is headed up by Jack Ma, could float on Wall Street early next year with a price tag valued at $70bn, the Wall Street Journal …
Team Register, 25 Sep 2013

Eric Schmidt joins board of weighty biz journal The Economist

Eric Schmidt has joined the board of The Economist Group for a three-year run after a shareholder vote, the group has announced. Technology is supposed to be destroying the traditional media, but tech gurus can't seem to keep their mitts off the sector. Google's Schmidt is just the latest to get involved with the old guard, …
The Register breaking news

First the NYT, now the Wall Street Journal: But are hacking attacks from China new?

Analysis The Wall Street Journal is the latest media titan after the New York Times to admit it was raided by Chinese hackers. The WSJ confessed on Thursday a day after the NYT similarly blamed intruders linked to China's military for a persistent four-month assault against its computer systems. The attack against the NYT used a …
John Leyden, 01 Feb 2013
Stock ticker board

Dow Jones rubbishes claims Russian hackers plundered its servers for insider-trading tips

Dow Jones has poured cold water on claims that its servers were penetrated by hackers harvesting information for insider dealing. On Friday Bloomberg reported that the FBI, US financial watchdog the SEC, and America's Secret Service were probing allegations that a Russian gang stole unpublished financial data and news articles …
Iain Thomson, 16 Oct 2015

International Trade Commission pens patent love letter to Cisco

The International Trade Commission has handed Cisco another gun to fire at antagonist Arista, finding that the latter violated three Cisco software patents. The patents in question cover router management (US 7,162,537), and private VLANs (US 6,741,592 and 7,200,145). Since Cisco reckons Arista's in violation of twelve …
The Register breaking news

iPad pitch to the Wall Street Journal laid bare

Steve Jobs took the iPad to the Wall Street Journal to explain why the paper should drop Adobe's Flash, to a cool reception. The details of Mr. Jobs' presentation to staff at the Journal were revealed by ValleyWag. They included his dismissal of Adobe's Flash technology along with the arguments about why the Journal should drop …
Bill Ray, 19 Feb 2010
Sleeper

Airbnb confirms it raised $1.5bn in spite of regulatory worries

Airbnb has confirmed it has raised a mega $1.5bn (£1bn) in funding, according to a filing the company placed with the US Securities and Exchange Commission. Back in July, The Wall Street Journal reported the funding round would value the company at $24bn (£15bn), meaning it will soon be worth more than actual hotel chain …
Kat Hall, 08 Dec 2015
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As easy as 'Citrix123' – hacker claims he popped Citrix's CMS

A Russian hacker claims he broke into systems run by Citrix, and gained access to potentially a huge number of customers. The binary buster known as "W0rm" exploited weak credentials – the username press@citrix.com and the password Citrix123 – to get into the content management system that powers Citrix's websites. W0rm …
Team Register, 13 Jan 2016
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Qualcomm, TDK in US$3 billion joint venture to bake radio chipsets

Qualcomm is going to sling around US$1.2 billion into a joint venture with TDK to build radio chipsets. According to Bloomberg and Reuters, the new outfit will be called RF360. TDK's contribution to the roughly $3 billion business will be patents, manufacturing assets and design capabilities. The operation will be based in …
eBay

eBay about to put part of self on eBay

eBay is about to sell off its enterprise services unit, according to folks whispering in the ear of The Wall Street Journal. The journal names private-equity outfit Permira as the buyer and suggests the company's pen is poised over a cheque with US$900m written in the “amount” field. Ebay Enterprise, as the division is known …
Simon Sharwood, 16 Jul 2015

Iranian hackers targeted New York dam, had a quick nosy around

Iranian hackers penetrated the online control system of a New York dam in 2013, according to reports, and poked around inside the system. The Wall Street Journal reported that hackers gained access to the dam through a cellular modem, according to an unclassified Homeland Security summary of the case. Two sources said the …
Kat Hall, 21 Dec 2015
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Gods' own broadband: Loon option for DEITY

Alphabet has its eye on its next billion, reportedly holding meetings in India to get Project Loon off the ground. The country's IT minister, responsible for the gloriously-named DEITY (Department of Electronics and Information Technology), expressed his interest in the project late last week. The move would add India to the …
The Register breaking news

Wall Street Journal wants your micro-payments

The Wall Street Journal online, one of the few remaining news websites that's charging for access, plans to introduce a micro-payments scheme this autumn. Non-subscribers will be charged to view individual articles, according to a report Sunday — somewhat amusingly by the WSJ's overseas rival, The Financial Times and not the …
Austin Modine, 11 May 2009
Photo of a stack of $100 bills

Slack raises $160m from investors, gets mega $2.8bn valuation

Workplace chat app Slack has confirmed it has raised $160m (£106m), valuing the company at $2.8bn (£1.9bn), according to reports. The Slack service allows employees to create and manage internal message boards for individual projects and departments. Previously the company was valued at a mere $1.2bn (£800m). In an interview …
Kat Hall, 17 Apr 2015
Photo by Charles Chan

Alibaba presses 'play' on multi-billion video host buy

China's Alibaba is going to sling roughly US$3.67 billion at the country's “YouTube equivalent”, Youku Tudou, to buy a half-billion video clicks via the 80-plus per cent of the company it doesn't already own. The South China Morning Post says the Middle Kingdom's “largest online video services provider” will be taken private …
Fixed toy octopus

Googley TENTACLES reach towards YOUR email

Google is in talks to allow advertisers to target ads in search results using existing customers' email addresses, according to reports. The ad flinger has suggested that advertisers hand over customer information such as email addresses as part of moves to track users’ online and offline activities for marketing purposes, …
Kat Hall, 15 Apr 2015
willy wonka oompa loompa

Peak Google? Chocolate Factory cuts costs amid dwindling growth

Google is curbing staff recruitment and introducing a number of penny-pinching efficiency practices to try and gets its profit growth back on track, according to reports. A number of recruiters, venture capitalists and employees told the Wall Street Journal the Chocolate Factory is casting an increasingly critical eye over its …
Kat Hall, 14 Jul 2015
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Big Blue lets Chinese government eyeball source code – report

IBM has reportedly granted Beijing controlled looking rights to its proprietary source code to allow government officials to scrutinise the software for spook backdoors. The move comes some 12 years since Microsoft brought in its Government Security Program, to allow nations outside of the US to eyeball its code. According to …
Kelly Fiveash, 18 Oct 2015

Spotify mulls Swift change of policy – we can stream Taylor, but we'll charge

Spotify has reportedly been considering a major policy change to its music-streaming service, by allowing big name artists to release albums on the platform only to paying customers. It comes after Spotify's chief Daniel Ek very publicly dissed pop star Taylor Swift late last year, after she pulled her catalogue from the …
Kelly Fiveash, 09 Dec 2015

Google says it tried to preempt EU antitrust probe. That worked well

Google has said it took measures to preempt the lengthy antitrust probes currently being carried out by the European Commission. Oddly, that approach failed. Speaking at the EU's Internal Market sub-committee, Adam Cohen, head of competition and economy policy for EMEA at Google, said the search firm made a decision to preempt …
Kat Hall, 25 Nov 2015
Airplane! Source: Paramount Home Entertainment

Biz founded by Chris 'I hack airplanes' Roberts files for bankruptcy

One World Labs, the infosec biz founded by Chris Roberts – the security expert famous for allegedly making an airplane move sideways mid-flight without leaving his passenger seat – has filed for bankruptcy protection. The Wall Street Journal reports One World Labs filed for bankruptcy last week, with debts roughly mounting to …
John Leyden, 09 Oct 2015

Yahoo's! tax-free! Alibaba! switcheroo! gets! a! rough! ride! from! US! taxmen!

The amazing Yahoo! / Alibaba / SpinCo tax structure has suffered a blow: America's Internal Revenue Service has refused to say whether or not it approves or disapproves of Yahoo!'s tax-avoidance chicanery. And that usually spells trouble. Back at the start of the year, the Purple Palace announced it would shuffle its roughly …

Brussels paws Android map apps to see if they displace Euro rivals – report

The European Commission has reportedly widened the scope of its investigation into Google's alleged anti-competitive Android operating system tactics in the 28-member-state bloc. According to Bloomberg, officials at the antitrust wing of the European Commission have fired off missives to companies seeking their views on …
Kelly Fiveash, 11 Nov 2015
Satoru Iwata

Satoru Iwata, Nintendo chieftain and gamer titan, dies aged 55

Nintendo president Satoru Iwata has died aged 55. The fourth president of the company, Iwata-san arrived at Nintendo in 2000 after working for HAL Laboratory. He was appointed president in 2002. Bloomberg reports that under his leadership, the company tripled its revenue on the back of the Game Boy Advance SP and the Wii. In …

iMaker Hon Hai/Foxconn earnings stall as fanbois hold fire

Hon Hai/Foxconn's revenue slowed dramatically in the second quarter, as its iGadgets manufacturing reliance began to take its toll, with fanbois' showing thrift in anticipation of a new iPhone launch later this year. The Taiwanese manufacturer stated that Q2 net profits had risen 27 per cent from the preceding year, reports …
Railway line split. Pic: Ian Sane

Activist investor Jana Partners calls for Qualcomm break-up

Activist investors in chip giant Qualcomm are reportedly calling for a break-up of the semiconductor biz in order to boost its stock price. Jana Partners, which owns a $2bn (£1.4bn) stake in the biz, is calling on Qualcomm to spin off its chip unit from its patent-licensing operation, according to a letter to Jana investors seen …
Kat Hall, 13 Apr 2015
Double Dragon

Game over for epic 15-year-long console ban, China says

Videogame giants will soon be able to make and sell consoles in China, after Beijing confirmed plans to lift a ban first instituted in 2000. Rules were relaxed in the country in 2014 to allow for the production and sale of "gaming entertainment" in the newly created Shanghai Free Trade Zone. Now, according to the Wall Street …
Kelly Fiveash, 25 Jul 2015
Apple logo on glass fronted building. Licensed under cc0 / editorial use only

Mall owner lays blame at Apple's door for dragging down sales

One of the US’s major mall operators blamed Apple for dragging down the performance of its high end properties, potentially compounding the discomfort for the i company. Last month Apple reported results that were - for the tech juggernaut - slightly lacklustre, precipitating a share slide that made it the former most valuable …
Joe Fay, 04 Feb 2016

Google Glass NOT DEAD. We're just making it 'ready' says chief

Google's executive chairman Eric Schmidt has complained that the end of the Google Glass Explorer program was misunderstood as being the end of the entire Glass concept, “which isn't true”. Following the announcement that Google had shelved the Glass Explorer on January 19th, the assumption was that the techno-specs have seen …
Twitter for Mac New

Twitter boss ‘personally’ grateful as five Twitter execs walk

Jack Dorsey waved goodbye to five senior Twitter execs over the weekend, and didn’t disappoint avid company-watchers when he issued yet another memo worthy of Oscar Wilde. Engineering boss Alex Roetter, HR chief Skip Schipper, media head Katie Stanton and product head Kevin Weil have “all chosen to leave the company”, Dorsey …
Joe Fay, 25 Jan 2016
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Iranian hackers ease off on US after friendly nuke chats, says NSA

Cyber-attacks against the US by Iranian hackers have eased noticeably since the countries' landmark nuclear weapons accord, National Security Agency director Michael Rogers has said. Speaking at a House Intelligence Committee hearing on Thursday, the Wall Street Journal [paywall] reported him saying there had been “significant …
Kat Hall, 11 Sep 2015

Fiat Chrysler recall BLUNDERING could lump carmaker with $105m fine – report

Fiat Chrysler may cop a record-breaking fine from US authorities following a series of bungles. Earlier this week, the US National Highway Traffic Safety Administration was forced to recall 1.4 million Fiat Chrysler vehicles, following revelations that the computer systems built into the cars could be exploited by an attacker …
Kelly Fiveash, 26 Jul 2015

Dow Jones the latest big-name breach

A bunch of high-net-worth individuals and stock traders are opening letters with the unwelcome message “we were breached” under the Dow Jones letterhead. The Murdoch-owned company says it has notified 3,500 individuals that their personal data might have been accessed in a breach that dates back to August 2012. That's almost …
Robert DeNiro in Godfather II

Goodfella's attack smacks Slack chap for whack crack? It's a fact, Jack

Legendary actor Robert De Niro doesn't think much of tech's "brogrammer" culture, and he made as much known this week when he verbally eviscerated one smart-mouthed app developer. The confrontation (if you could call it that) took place at an awards show in New York hosted by the Wall Street Journal. According to the New York …
Shaun Nichols, 07 Nov 2015

Intel doubles its bounty for women and ethnic minorities

Chipzilla Intel is so desperate to increase the diversity of its workforce that it is paying double its finder's fee for women and minorities, according to reports. Intel is currently offering $4,000 (£2,560) to employees who suggest job candidates that help it achieve its diversity goals, according to the Wall Street Journal …
Kat Hall, 04 Aug 2015
Samsung Galaxy S6

What can't sell Galaxy S6s and keeps going down on you? Samsung and its profits

Samsung Electronics's profits fell eight per cent, year on year, in its second quarter of 2015 – as sales of its Galaxy S6 failed to gain traction. Profit for the three-month period, which ran from April to June, fell to 5.75tn won ($4.9bn, £3.2bn). Profit for the mobile division fell to 2.76tn won, from 4.42tn won a year …
Kat Hall, 30 Jul 2015
4 arrows signs in arrow on wooden wall

Apple goes to crapple in stock plunge kerfaffle: $113bn wiped off in days

Peak Apple Apple is in the midst of a stock drop that has caused the Cupertino giant to lose as much as $113bn in market cap. Since posting its last quarterly numbers, Apple (Nasdaq:AAPL) has seen its stock price drop from $125.22 per share to a low point of $112.10. Wary that Apple's meteoric growth from recent years is slowing down as …
Shaun Nichols, 05 Aug 2015

Palantir raises $450m in latest fund-raising round

CIA-backed Palantir has raised $450m (£289m) from investors, valuing the biz at $20bn (£13bn). Palantir's software is most famous for reportedly helping the US government track down Osama bin Laden, although this is something it has refused to confirm. It was also backed in its early stages by the the CIA's In-Q-Tel venture …
Kat Hall, 24 Jul 2015

Policy tsarina Rachel 'baby GIF' Whetstone dumps Google for Uber

Google’s comms and policy chief Rachel Whetstone is leaving the company, just weeks after a bizarre, GIF-laden blog post – and her former team has had its wings clipped. Whetstone has been at Google for a decade and was its US policy chief for seven years. In a sign that Google needs to look more grown up, Whetstone’s team will …
Andrew Orlowski, 14 May 2015
Tim Cook as Mr T

More Apple Car mutterings: Cupertino slurps more autobiz brains

Internet mumblings anent the long-speculated-upon Apple car have intensified following the news that the fruity firm has hired another chap from the auto industry. Doug Betts was the lead for global quality at the Italian-American multinational Fiat Chrysler until last year, but joined Apple in July according to his LinkedIn …
Glorious future of China

Russia and China seal cyber non-hack pact

Russia and China have promised to play nicely and not hack each other. The two countries also agreed to jointly counteract technology that may "destabilise the internal political and socio-economic atmosphere", "disturb public order" or "interfere with the internal affairs of the state", the Wall Street Journal reports. The …
John Leyden, 11 May 2015
Watson Power7 cluster. Pic: IBM

IBM splashing $2bn on Weather Company – reports

Big Blue is reported to be further beefing up its Watson division by splashing $2bn (£1.3bn) snapping up the digital arm of the Weather Company, a US-based organisation that runs the Weather Channel and a digital company providing mobile apps. Both the Wall Street Journal and the Financial Times reported that people familiar …
Kat Hall, 28 Oct 2015

KREMLIN: Google is ABUSING ITSELF, misusing its mighty market position

The Russian state is to take action against gigantic advertising company Google for abuse of its dominant position across internet services, according to reports. The Wall Street Journal cited sources in the Russian Federal Antimonopoly Service as saying that the agency's probe into a complaint from rival Yandex had found …
Shaun Nichols, 14 Sep 2015
Glorious future of China

Google Californian warehouse workers file to form union

Workers at a Google Express warehouse in San Francisco have filed to form a union, citing poor conditions, low wages, and lack of benefits. The Teamsters Local Union 853 announced that 140 workers at the facility have filed for a representation election. Google Express Services, operated by Swiss HR biz Adecco, provides …
Kat Hall, 28 Jul 2015
Sleeper

Airbnb beats actual posh hotel chain with stupidly large valuation

Airbnb is shortly expected to unveil a valuation of $24bn (£15bn), meaning it will soon be worth more than actual hotel chain Marriott, according to reports. This month, Airbnb expects to close a $1bn (£628m) funding round at a $24bn valuation, "people familiar with the matter" have whispered to the Wall Street Journal. In …
Kat Hall, 18 Jun 2015
Michael Hayden

'No evidence' Snowden was working for foreign power says ex-NSA boss

Former National Security Agency director Michael Hayden this week told a conference about how little fallout the NSA has suffered after the Snowden leaks, and detailed how his former agency would hack other governments. He said to his audience at the Wall Street Journal's chief financial officer conference: If somebody would …
Iain Thomson, 18 Jun 2015

How much did T-Mobile US make from that failed AT&T buyout? How about $7.7bn

A failed 2011 merger with AT&T is paying off in a big way for T-Mobile US. Analysts at New Street Research (via The Wall Street Journal) estimate that a $1bn spectrum package T-Mobile US received in the wake of the ill-fated acquisition has ballooned in value to $4.7bn. The frequencies were part of a $4bn breakup package AT&T …
Shaun Nichols, 31 Mar 2015