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  • Fed, Treasury Looking Into Bloomberg Data Security


    Authority Authority:
    Bloomberg LP’s disclosure that it had restricted newsroom access to certain customer data prompted an inquiry from the Federal Reserve, the Fed said, as well as the Treasury, according to a person familiar with the situation. “We are looking into this situation and have been in touch with Bloomberg to learn ...
    6 days ago
  • Group Arrested in Alleged ATM Cybercrime


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    Federal prosecutors filed charges this week against eight people, accusing them of taking part in a high-tech scheme to steal money from multiple ATMs simultaneously, using stolen prepaid debit-card numbers. The eight were part of a wider plot to steal tens of millions of dollars from locations across the globe, ...
    6 days ago
  • The Trials of Father MacRae - The Wall Street Journal


    Authority Authority:
    From Fr. Gordon J. MacRaes blog These Stone Walls , an article today in The Wall Street Journal : Click above to play the video  He was convicted when it was obligatory—as it remains today—to give credence to every accuser charging a priest with molestation. By DOROTHY RABINOWITZ ( The Wall ...
    1 week ago
  • In Great Gatsby, the video game, Daisy meets Mario Bros.


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    As a version of Fitzgeralds classic, it is a far cry from the Baz Luhrmann movie, in theaters Friday. But the DiCaprio film might give more life to this avant-garde, retro-style Nintendo game.
    1 week ago
  • Alibaba Buys Into Mapping Company


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    Alibaba Group Holding Ltd. is spending again to gain the upper hand as it competes to sell to China’s rapidly growing number of smartphone users. In its second deal in as many weeks, China’s largest e-commerce company will pay $294 million for a 28 percent stake in Internet mapping company AutoNavi Holdings Ltd., ...
    1 week ago
  • Russian foreign minister denies weapons sale to Syria


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    MOSCOW — Russia’s foreign minister denied Friday that Moscow intends to sign any new contracts to sell surface-to-air missiles to Syria, although he said old contracts are being honored. “Russia does not plan to sell,” Sergei Lavrov told a press conference in Warsaw, according to the Interfax news agency. ...
    1 week ago
  • "Gatsby" the Videogame: Daisy Meets Mario Bros.


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    “The Great Gatsby,” the novel, starts with the narrator, Nick Carraway, recalling a piece of advice his father gave him when he was young. The beginning sets the tone for the rest of F. Scott Fitzgerald’s lyrical treatment of the American dream. The Great Gatsby, the videogame, opens on Nick Carraway shooting ...
    1 week ago
  • Lifestyles of the Rich and the Richer: Seven Unreal Quotes About Over-The-Top Teen Lounges


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    Photo via RealtyAbsolute.com The Journal proves, yet again, just how hard it is to be rich. There are just so many more decisions to make, particularly when it comes to outfitting spaces for children. Half-pipe or a full arcade? DJ mixing station or a row of pinball machines? A "sleepover room" or an indoor ...
    1 week ago
  • Amazon smartphone rumored to have 3D capabilities. How have others fared?


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    The lure of 3D video has drawn many gadget makers. In the post-“Avatar” world, it seemed like a good idea to bring that sort of realism into living rooms and pockets around the world. But, it hasn’t quite managed to catch fire with general consumers. Read full article >>        
    1 week ago
  • Ad Firms Fault Web Outlets


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    Online video outlets are pulling out all the stops to draw more advertising dollars, investing heavily in star-laden new series and, last week, staging glitzy presentations for marketers. But advertisers still aren’t happy. To have a chance of boosting their share of TV ad dollars, advertisers say online outlets ...
    1 week ago
  • Cold Truth About Emotional Investing


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    Consider an excerpt: WSJ: What do you mean by emotional finance? PROF. TUCKETT: What we try to do in emotional finance is start with the fact that the future is unknowable. The key thing about uncertainty is that it inevitably generates feelings. Because it matters to you, because your money’s on the line, so to ...
    1 week ago
  • Panasonic Posts Another Full-Year Loss


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    Panasonic Corp. Friday posted net losses exceeding ¥750 billion ($7.4 billion) for the second straight year, dragged down by hefty restructuring charges aimed at fixing its ailing electronics business. The red ink for the year ended March 31 brings the company’s losses for the past two bruising business years to ...
    1 week ago
  • Icahn, Southeastern Propose Alternative to Dell Buyout


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    Two of Dell Inc.’s largest stockholders, investor Carl Icahn and Southeastern Asset Management Inc., proposed an alternative offer to a $24.4 billion deal to buy out the company’s public stockholders. In a letter to Dell’s board, Mr. Icahn and Southeastern said they propose giving Dell shareholders the option ...
    1 week ago
  • Kerry warns Russia against selling high-performance missiles to Syria


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    ROME — S ecretary of State John F. Kerry on Thursday cautioned Russia against selling advanced ­surface-to-air missiles to Syrian government forces, as U.S. officials warned that the delivery of the arms would threaten Israel and undercut efforts to reach a political agreement. Read full article >> ...
    1 week ago
  • Amazon Developing Smartphone With 3-D Screen


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    Amazon.com Inc.’s hardware ambitions are broadening. The Seattle e-commerce giant has recently been developing a wide-ranging lineup of gadgets — including two smartphones and an audio-only streaming device — to expand its reach beyond its Kindle Fire line of tablet computers, said people familiar with the ...
    1 week ago
  • Group in N.Y. Arrested in Alleged Cyber Crime Thefts


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    Prosecutors filed charges on Thursday against a group of eight people who allegedly helped steal $45 million in a matter of hours through thousands of coordinated transactions at automated teller machines around the globe. The members of the group charged on Thursday mostly lived in the Yonkers area of New York, ...
    1 week ago
  • Internet Service on Planes: FCC to Consider Using Satellite Airwaves


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    In-flight Internet speeds could rival those on the ground under a proposal expected to move forward on Thursday. U.S. airlines have been rolling out Internet service on flights for several years. But the service, which typically uses Earth-based antennas, is often too slow for today’s data-guzzling Web apps. Read ...
    1 week ago
  • Activision Warns on World of Warcraft


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    Despite a strong first quarter, Activision Blizzard Inc. said its cash cow World of Warcraft fantasy game is losing subscribers, and new videogame consoles may not lead to the sales growth some investors expect. Bobby Kotick, Activision’s chief executive, said that while the videogame maker started the fiscal year ...
    1 week ago
  • Trulia Agrees to Buy Real-Estate Software Maker Market Leader for $355 Million


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    Trulia Inc.has agreed to acquire real-estate-focused software maker Market Leader Inc. for about $355 million in cash and stock as the real-estate-listing service looks to beef up its offerings. Trulia Chief Executive Pete Flint characterized Market Leader as “an excellent strategic fit for Trulia,” pointing to ...
    1 week ago
  • Samsungs "Good" Problem: A Growing Cash Pile


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    Having grabbed a big chunk of the profitable smartphone business from Apple Inc. and others, Samsung Electronics Co. now faces a new, enviable Apple-like challenge: a mammoth pile of unspent, accumulated cash. After a first quarter marked by a 42 percent rise in net profit, Samsung said its cash and cash equivalents ...
    1 week ago

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