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I N T E R N E T N E W S
Out of the shadows, China hackers turn cyber gatekeepers
By Paul Carsten and Gerry Shih BEIJING (Reuters) - China, long accused by the United States of rampant cyber aggression, may be synonymous with hacking exploits these days, but that doesn't mean every Chinese hacker is out to pilfer and destroy. As Chinese companies grapple with a sharp increase in the number of cyber attacks, many hackers are finding it increasingly lucrative to go above board and join the country's nascent cyber security industry. Zhang Tianqi, a 23-year old Beijinger, cut his chops in high school trying to infiltrate foreign websites, skirting domestic law by probing for vulnerabilities on overseas gaming networks.
(Reuters) - Twitter Inc's Rishi Garg, vice president of corporate development and strategy, has resigned from the company to pursue other projects, technology blog Re/code reported, citing a tweet from Garg. Garg, who led the company's mergers and acquisition team, had joined Twitter in May, 2014, according to his LinkedIn profile. This is the second resignation at Twitter's mergers and acquisition team.
Facebook staff diversity little changed over past year
By Yasmeen Abutaleb SAN FRANCISCO (Reuters) - Facebook Inc released new diversity data Friday that showed the number of women and minorities has remained little changed over the past year. The number of women increased only 1 percentage point, from 31 percent to 32 percent. Diversity among the social network's tech workers was far less even, with 84 percent men and 16 percent women.
Charter lists consumer benefits to win merger approval
(Reuters) - Charter Communications Inc formally argued for regulatory approval for its Time Warner Cable Inc and Bright House Networks deals, saying consumers would benefit as Internet services would become cheaper and faster. Charter said in a filing with the Federal Communications Commission (FCC) on Thursday that it would not block or suppress Internet traffic or prioritize content for a fee and that its broadband services would cost less than the current offerings of Time Warner (TWC) and Bright House. In its first official argument in support of the deals, Charter also said the new company would not harm online video services providers as its success would depend on the broadband business rather than on video services.
China e-commerce firm JD.com to launch credit-scoring rival to Alibaba's
By Paul Carsten and Engen Tham BEIJING/SHANGHAI (Reuters) - China's No. 2 e-commerce firm JD.com Inc is launching a Chinese consumer credit data system as a joint venture with U.S. credit-scoring technology company ZestFinance, taking on a rival service linked to the larger Alibaba Group Holding Ltd . JD-ZestFinance Gaia, as the joint venture will be known, will use the U.S. firm's machine learning technology to analyze JD.com's online shoppers' data and churn out a credit risk score, according to a joint press release on Friday. The companies did not disclose details about the structure of the joint venture or the investments by the partners.
U.S. intelligence chief: China top suspect in government agency hacks
U.S. intelligence chief James Clapper said on Thursday that China was the top suspect in the massive hacking of a U.S. government agency that compromised the personnel records of millions of Americans. The comments from Clapper, the director of National Intelligence (DNI), were first reported in The Wall Street Journal and marked the first time the Obama administration has publicly accused Beijing of the hacking attacks on the Office of Personnel Management. "You have to kind of salute the Chinese for what they did," given the difficulty of the intrusion, the Journal quoted Clapper as saying at a Washington intelligence conference.
Yahoo's Alex Stamos says to join Facebook as chief security officer
(Reuters) - Yahoo Inc's Alex Stamos will join Facebook Inc as chief security officer from Monday, he said in a Facebook post on Wednesday. Stamos, who joined Yahoo as chief information security officer last year, also updated his profiles on Twitter and LinkedIn. Yahoo confirmed that Stamos has accepted a position at Facebook and said Ramses Martinez was serving as its interim chief information security officer.
U.S. intelligence chief: China top suspect in hack of U.S. agency - WSJ
The United States' intelligence chief said on Thursday that China was the top suspect in a hack of a U.S. agency that compromised the personnel records of millions of Americans, the Wall Street Journal reported on Thursday. Director of National Intelligence James Clapper made the comment at a Washington intelligence conference, the Journal reported. "You have to kind of salute the Chinese for what they did," given the difficulty of the intrusion, the paper quoted Clapper as saying.
By Marie-Louise Gumuchian LONDON (Reuters) - MTV, the channel that revolutionized the music industry by playing artists' videos on rotation, is reinventing itself again, opening up to its social-media-savvy audience by putting their videos on air. By using the hashtag #MTVBump, viewers can see their content from social media sites Instagram or Vine within two hours of its being posted, during the channel's break windows. The revamp, evolving from "I want my MTV" to "I am my MTV", is being rolled out as streaming and video platforms gain ground while the ratings for conventional television networks dwindle.
U.S. lawsuit claims companies illegally refused to hire ex-cons
In a state court in Manhattan, the National Association for the Advancement of Colored People (NAACP) on Thursday sued a class of companies it said were breaking city and state laws that bar businesses from refusing to consider former convicts for jobs. Since New York's prison population was more than half black, the suit said, such policies had served to keep many black people out of the workforce. Only four companies are named in Thursday's lawsuit: electronics maker Koninklijke Philips NV, pest control company Advance Tech, data management firm Recall Holdings Ltd, and IT consulting firm NTT Data [KEA.UL].