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China Internet agency says Google move 'unacceptable'
Wed, 01 Apr 2015 23:55:53 -0400

People pose with laptops in front of projection of Google logo in this picture illustration taken in ZenicaA Chinese Internet agency said on Thursday that Google Inc's decision to no longer recognize certificates of trust issued by the authority is "unacceptable and unintelligible". Google said on its official security blog on Wednesday that it would no longer recognize the China Internet Network Information Centre (CNNIC) certificate authorities, following an investigation into a potential security lapse. CNNIC, which calls itself a "constructor, operator and administrator of infrastructure in Chinese information society", responded in a statement on its website that Google should consider user rights and interests. "For the users that CNNIC has already issued the certificates to, we guarantee that your lawful rights and interests will not be affected," the agency said.

U.S. targets overseas cyber attackers with sanctions program
Wed, 01 Apr 2015 19:18:28 -0400

Obama delivers remarks at the dedication ceremony for the Edward M. Kennedy Institute for the United States Senate, in BostonBy Jeff Mason and Andrea Shalal WASHINGTON (Reuters) - President Barack Obama launched a sanctions program on Wednesday to target individuals and groups outside the United States that use cyber attacks to threaten U.S. foreign policy, national security or economic stability. In an executive order, Obama declared such activities a "national emergency" and allowed the U.S. Treasury Department to freeze assets and bar other financial transactions of entities engaged in destructive cyber attacks. The executive order gave the administration the same sanctions tools it deploys to address other threats, including crises in the Middle East and Russia's aggression in Ukraine.

GoDaddy shares soar in debut as investors buy into revamp
Wed, 01 Apr 2015 16:02:55 -0400

Go Daddy CEO Blake Irving and NASCAR driver Danica Patrick enjoy web hosting company GoDaddy's initial public offering at the New York Stock ExchangeGoDaddy Inc's shares rose as much as 34 percent in their debut on Wednesday following a $460 million initial public offering, as investors spotted a bargain in a company making a shift from Internet domains to small-business services. Founded 18 years ago by Bob Parsons, GoDaddy is hardly a technology start-up, yet investors snapped up its shares in the first day of trading, betting the company can grow further by providing tools to small businesses. "Even though GoDaddy is almost 20 years old, it's a growth company and it's cash flow-positive, which is what investors are interested in," said Jackie Kelley, global and Americas IPO leader for Ernst & Young.

EU lays groundwork to file antitrust charges against Google: WSJ
Wed, 01 Apr 2015 20:18:27 -0400

A Google search page is reflected in sunglasses in this photo illustration taken in Brussels(Reuters) - Europe's competition regulator is preparing the groundwork to file charges against Google Inc in the antitrust investigation over the next few weeks, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. The European Commission is asking companies that filed complaints against Google for permission to publish some of the information they submitted confidentially, the Journal said, citing several people familiar with the requests. Google was not immediately available to comment. The U.S. search giant has been engaged in a five-year-old antitrust investigation with the European Union that has stalled multiple times and caused a political uproar.

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