Technology & Telecommunications
NEW YORK (September 30) -- New York's attorney general today sought to force five telecommunications executives to give up millions of dollars in profits they earned selling shares in companies going public during the Internet boom.
British companies with global operations face a growing threat of being sued in the US over their dealings with foreign governments accused of human rights violations, a leading lawyer has warned.
In response to a barrage of criticism that regulators have not kept up with the complexities of swelling pay packages, the Securities and Exchange Commission now requires corporate America to disclose details of executive compensation more fully. As this year's proxies pour in, they are packed with fresh information aimed at making pay more transparent. Of course, it also is a lot more confusing.
AT&T Inc. will pay $25 million to end a lawsuit by California officials alleging the company failed to test properly and repair its underground storage tanks, the state attorney general said on Tuesday.
A formal complaint has been filed against Uber, the car ride company, by the Electronic Privacy Information Center (EPIC), a non-profit advocacy group. The NGO says Uber plans to use their smart phone app to access user's locations at all times, and to send advertisements to user's contact lists.
Glimmerglass, a northern California company that sells optical fiber technology, offers government agencies a software product called "CyberSweep" to intercept signals on undersea cables. The company says their technology can analyze Gmail and Yahoo! Mail as well as social media like Facebook and Twitter to discover "actionable intelligence."
FRANKFURT -- U.S. computer giant Hewlett-Packard said on Wednesday it plans to cut 5,900 jobs in Europe from a total of 15,000 already announced worldwide, as part of its merger with Compaq Computer Corp.
Privacy no longer can mean anonymity, says Donald Kerr, the principal deputy director of national intelligence. Instead, it should mean that government and businesses properly safeguards people's private communications and financial information.