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U.S. judge approves DOJ settlement with eBay over tech hiring
Tue, 02 Sep 2014 14:28:23 -0400

An eBay sign is seen at an office building in San Jose, CaliforniaUnder the deal, announced earlier this year, eBay said it would not make deals with other technology companies about poaching each others' employees. District Judge Edward Davila approved eBay's agreement with the U.S. Six companies including Apple and Google settled with federal authorities in 2010 over non-solicitation deals, without paying money. An eBay representative could not immediately be reached for comment.


Celebrity photo breach heightens online security warnings
Tue, 02 Sep 2014 13:48:47 -0400

Jennifer Lawrence smiles on the red carpet at the 71st annual Golden Globe Awards in Beverly HillsCelebrity representatives and security experts used the online posting of intimate photos of Oscar-winning actress Jennifer Lawrence and other female entertainers to sound new warnings on Tuesday about the dangers of storing data on the Internet. Martin Garbus, a New York trial lawyer who over the years has represented actors Al Pacino, Sean Connery, Robert Redford and others, said worried clients had approached him after the apparent mass hacking over the weekend. "Everything on your iPhone, whether it be phone calls, message texts, pictures, is all available." Garbus said clients started to contact him after intimate photos of Lawrence, a star of "The Hunger Games" movie franchise and a best actress Academy Award winner for "Silver Linings Playbook," and other high-profile women came to public attention on Sunday. Personal photos of Sports Illustrated swimsuit model Kate Upton and American actress Mary Elizabeth Winstead were also posted on the image-sharing forum 4Chan.


Renesas says may cut more jobs, but restructuring past halfway
Tue, 02 Sep 2014 10:19:56 -0400

A Renesas Electronics Corp's chip is pictured at the company's office in TokyoBy Sophie Knight and Reiji Murai TOKYO (Reuters) - Japanese chipmaker Renesas Electronics may cut more jobs as it finishes a massive restructuring that is focusing its business on the automotive and industrial sectors and has pulled it back into the black after years of losses. Remaining steps will focus on selling factories and exiting businesses announced in a 2012 restructuring framework, updated a year ago, with about 40 percent of the plan still to be implemented, Renesas Chairman and CEO Hisao Sakuta told a media round table on Tuesday. "If there's a mismatch between what the company is trying to do and what an individual wants to do, people will probably be quitting." Renesas, hit hard when a March 2011 earthquake shut a key chip plant for months and sent customers looking for other suppliers, has already cut more than 10,000 jobs and racked up 350 billion yen ($3.3 billion) in cumulative net losses over the last four financial years. Last week, Renesas unveiled a chip using new technologies that it aims to eventually apply to autonomous driving, which merges together feeds from cameras fitted to the car to create a 3D image and can detect pedestrians within several meters of a vehicle.


EU seeks rivals' feedback on Facebook, WhatsApp deal
Mon, 01 Sep 2014 13:47:12 -0400

Illustration photo shows "likes" on WhatsApp's Facebook page displayed on a laptop screen in ParisBy Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are asking Facebook's rivals and telecoms operators whether the world No. 1 online social network's proposed $19 billion bid for mobile messaging startup WhatsApp will lead to price hikes and curb innovation. The move came after Facebook sought EU approval for the deal, the largest in its 10-year history, which will give it a strong foothold in the fast-growing mobile messaging market and pit it against telecoms companies. The European Commission said on Monday it will decide by Oct. 3 whether to clear the deal unconditionally, demand concessions or extend the preliminary review into a wider probe. In a questionnaire sent to third parties and seen by Reuters, the EU regulator asked if the deal would have a negative, neutral or positive impact on users and customers in mobile messaging and social networks.


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