U.S. creates new agency to lead cyberthreat tracking

Past efforts were stymied by liability issues and privacy concerns

Reuters

WASHINGTON (Reuters) - Calling the destructive cyberattack on Sony Pictures "a game changer," a top White House official on Tuesday announced a new intelligence unit to coordinate analysis of cyberthreats, modeled on similar U.S. government efforts to fight terrorism.

Lisa Monaco, President Barack Obama's homeland security and counterterrorism adviser, said the new agency will rapidly pool and disseminate data on cyberbreaches, which she said are ballooning in size and sophistication, to U.S. agencies.

Samsung talks to BlackBerry about $7.5 billion buyout - source

With a takeover of Blackberry, Samsung could make greater inroads into the corporate market

Reuters

NEW YORK (Reuters) - Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.

South Korea's Samsung proposed an initial price range of $13.35 to $15.49 per share, representing a premium of 38 percent to 60 percent over BlackBerry's current trading price, the source said on Wednesday.

Internet-connected device sector deals accelerating, report finds

Early consolidation led by Google, includes Cisco, Samsung, Vodafone and Verizon

Reuters

FRANKFURT (Reuters) - Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday.

Corporate finance adviser Hampleton Partners' report said that $9.4 billion has been spent in the past three years to acquire so-called "Internet of Things" suppliers, with $5 billion, or more than half of the total, in the first nine months of 2014.

IBM signs 10-year multi-billion cloud deal with ABN Amro

Will provide managed services for mainframes, servers, storage

Reuters

AMSTERDAM (Reuters) - IBM has signed a 10-year, multi-billion dollar deal to provide computer infrastructure services to Dutch bank ABN Amro running on its cloud systems, the U.S. information technology firm said on Monday.

The deal comes as the U.S. company is trying to gain momentum in the market for Internet-delivered services, known as cloud computing. IBM will provide fully managed services for mainframe computers, servers, storage and end-user computing as well as a help desk and other technical support. IBM did not disclose financial details of the deal.

EU watchdogs to apply 'right to be forgotten' rule on Web worldwide

The ruling has pitted privacy advocates against free speech campaigners

Reuters

BRUSSELS (Reuters) - European privacy regulators want Internet search engines such as Google and Microsoft's Bing to scrub results globally, not just in Europe, when people invoke their "right to be forgotten" as ruled by an EU court.

The European Union's privacy watchdogs agreed on a set of guidelines on Wednesday to help them implement a ruling from Europe's supreme court that gives people the right to ask search engines to remove personal information that is "inadequate, irrelevant or no longer relevant".

U.S. FCC chief presses experts on mobile 'net neutrality' rules

Weighs in on debate whether the FCC should uphold exemptions for mobile carriers

Reuters

WASHINGTON (Reuters) - U.S. Federal Communications Commission chairman Tom Wheeler urged consumer advocates and wireless industry representatives last week to address how wireless carriers might be allowed to "reasonably manage" their Internet networks.

The issue is at the heart of a debate over whether the FCC should undo exemptions applied to mobile carriers as it rewrites Internet traffic regulations, after an appeals court rejected its 2010 rules in January.

Cars that drive themselves starting to chat with each other

There are risks, including reliability, cybersecurity and legal liability

Reuters

DETROIT (Reuters) - An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.

For U.S. tech firms, China entices in spite of tight state control

Even pro-internet freedom firms may have to put moral outrage to the side

Reuters

TIANJIN CHINA (Reuters) - The sheer size of the Chinese market is so alluring to Western companies that even pro-internet freedom firms like CloudFlare may have to put moral outrage to the side in their pursuit of new business.

San Francisco-based CloudFlare has a policy of providing cyber-defense services for all, based on a belief that the internet should be free, decentralized and open.

Telefonica trials to take AT&T home security technology overseas

AT&T in talks with numerous other potential global partners

Reuters

(Reuters) - AT&T Inc <T.N> on Monday said Spain's Telefonica SA <TEF.MC> will license its home security technology for limited trials in Europe as the U.S. carrier hopes it has found a new way to profit from its nascent connected-home business.

Telefonica will offer European customers a version of Digital Life, AT&T's home monitoring and automation system, for three to six months before evaluating results of the trial, said Steven Bartholomew, a Telefonica spokesman.

Verizon to pay $7.4 million over failure to notify consumers on privacy rights

Operator to send opt-out notices on every bill and pay the largest fine in FCC's history of personal data settlements

Reuters

WASHINGTON (Reuters) - Verizon Communications Inc will pay $7.4 million to settle a U.S. investigation that found the company failed to notify properly some customers of their privacy rights before using their information for marketing, U.S. regulators said on Wednesday.

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