Microsoft agrees to Windows 10 adjustments with Swiss data watchdog

Switzerland's data protection czar will not take Microsoft to court after the U.S. company agreed to adopt recommendations for improving data processing transparency for its Windows 10 operating system, the government agency said. The Swiss Federal Data Protection and Information Commissioner (FDPIC) said on Wednesday it had concluded an investigation into the operating system begun in 2015, which it said revealed data protection gaps under Swiss law. “The FDPIC investigations revealed that data processing in connection with Windows 10 did not conform in every respect with the data protection legislation,” the authority said in a statement.

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Microsoft agrees to Windows 10 adjustments with Swiss data watchdog

Yahoo to be named Altaba, Mayer to leave board after Verizon deal

(Reuters) – Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc . Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media assets, to Verizon for $4.83 billion. Verizon executives have said that while they see a strong strategic fit with Yahoo, they are still investigating the data breaches.

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Yahoo to be named Altaba, Mayer to leave board after Verizon deal

U.S. Labor department sues Google for compensation data

(Reuters) – The U.S. Department of Labor said on Wednesday it filed a lawsuit against Alphabet Inc's Google unit seeking access to the company's compensation data and documents as part of a routine compliance evaluation. The Office of Federal Contract Compliance Programs (OFCCP) said it had sought the data about the company's equal opportunity program in September 2015. The company failed to submit despite many opportunities, the OFCCP said.

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U.S. Labor department sues Google for compensation data

Apple users targeted in first known Mac ransomware campaign

By Jim Finkle BOSTON (Reuters) – Apple Inc customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as ransomware, researchers with Palo Alto Networks Inc told Reuters on Sunday. Ransomware, one of the fastest-growing types of cyber threats, encrypts data on infected machines, then typically asks users to pay ransoms in hard-to-trace digital currencies to get an electronic key so they can retrieve their data. Security experts estimate that ransoms total hundreds of millions of dollars a year from such cyber criminals, who typically target users of Microsoft Corp's Windows operating system.

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Apple users targeted in first known Mac ransomware campaign

German competition watchdog wants ‘big data’ hoards considered in merger probes: paper

The vast troves of consumer data held by big Internet companies should be scrutinized in merger probes because they have a big impact on competition, the president of the German antitrust watchdog told a newspaper. Collections of “big data” – covering billions of internet searches, messages and other online interactions – hand Internet companies huge power they can exercise in marketing and commerce and which potentially makes it difficult for smaller businesses to compete in those areas. Facebook's $19 billion acquisition of Whatsapp in 2014 almost escaped scrutiny from cartel authorities as the messaging service hardly had any revenues at the time, Mundt said, adding that it was apparently still of great strategic importance to Facebook.

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German competition watchdog wants ‘big data’ hoards considered in merger probes: paper

Facebook to prohibit private firearm transactions on its service

By Dustin Volz WASHINGTON (Reuters) – Facebook Inc prohibited global users from coordinating person-to-person private sales of firearms on its online social network and its Instagram photo-sharing service on Friday, countering concerns that it was increasingly being used to circumvent background checks on gun purchases. U.S. President Barack Obama has urged social media companies to clamp down on gun sales organized on their platforms. It updates Facebook's regulated goods policy, introduced in March 2014, that banned people from selling marijuana, pharmaceuticals and illegal drugs.

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Facebook to prohibit private firearm transactions on its service

Amazon shares plunge as record profit still misses estimates

Amazon.com Inc posted its most profitable quarter ever on Thursday but the world's No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. “By comparative retail standards, Amazon's level of profitability is still painfully weak,” said Neil Saunders, head of retail analyst firm Conlumino, who is still positive on Amazon's prospects. “For every dollar the company takes, it makes just 0.75 of a cent in profit.” Amazon's net profit for the fourth quarter, which includes the holiday shopping season, rose to $482 million, or $1.00 per share, in the quarter ended Dec. 31, up from $214 million, or 45 cents per share, a year earlier.

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Amazon shares plunge as record profit still misses estimates

More than a million OPM hack victims still not notified

By Dustin Volz WASHINGTON (Reuters) – More than a million victims of a massive hack of U.S. government computer files have still not been officially notified that their data was compromised and that they are eligible for free credit-monitoring protection, officials said on Friday. The government this week finished sending notifications through the Postal Service to 21.5 million people affected by the breaches, said the Office of Personnel Management (OPM), the federal hiring agency that was hacked. The postal notifications should be received by the middle of next week, but about 7.0 percent of those hacked, or roughly 1.5 million people, could not receive notification letters because their addresses have changed or are not on file, OPM said.

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More than a million OPM hack victims still not notified

Huawei seeks to become world’s third largest data storage provider by 2018

By Yimou Lee HONG KONG (Reuters) – China's Huawei Technologies Co Ltd [HWT.UL] aims to become the world's third-largest data storage provider by 2018 as it targets European and local institutions to takes market share from leaders EMC Corp and International Business Machines Corp. “We don't want to just be No.1 in China…We want to be at least the top three in the world by 2018,” Huawei's storage product line president Fan Ruiqi told Reuters, referring to the global market for data-storage, which was worth $5.3 billion in the second quarter. To grow its market share, Huawei plans to target financial institutions, governments and telecom carriers for data storage, a business Fan said is expected to yield at least 60 percent year-on-year growth this year from 55.6 percent growth in 2014.

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Huawei seeks to become world’s third largest data storage provider by 2018