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Fanuc President Says Theres Such a Thing as Too Much Profit By Bloomberg News (Bloomberg) -- Fanuc Corp., the Japanese robot maker whose profit margins once exceeded 40 percent, may be in for leaner times, according to its new president, Kenji Yamaguchi. ...Read More »
Apple Said to Plan IPhone for Japan With Tap-to-Pay for Subways By Bloomberg News (Bloomberg) -- Apple Inc. is planning a new iPhone feature for Japan that will enable users to pay for mass-transit rides with their smartphones instead of physical payment cards. A future iPhone will include technology called FeliCa, a mobile tap-to-pay standard in Japan developed by Sony Corp., according to people familiar with the matter. ...Read More »
Russia More Prey Than Predator to Cyber Firm Wary of China By Bloomberg News (Bloomberg) -- While the West sees Russia as a cyber predator, hackers in the East increasingly view it as prey, according to online security company Kaspersky Lab, which says theres been a sharp spike in attacks from China. ...Read More »
Billionaire's 8-Year-Old Son Picks Digital Music Empire Over Palm-Oil Riches By Bloomberg News To contact the author of this story: Yoolim Lee in Singapore at yoolim@bloomberg.net. ...Read More »
Russian Lawmakers Son Convicted in U.S. of Hacking Scheme By Bloomberg News (Bloomberg) -- The son of a Russian lawmaker was convicted of orchestrating a global hacking bonanza in what a U.S. prosecutor called one of the most prolific credit card trafficking schemes in history. ...Read More »
In An Unorthodox Move, Hacking Firm Teams Up With Short Sellers By Bloomberg News (Bloomberg) -- When a team of hackers discovered that St. Jude Medical Inc.s pacemakers and defibrillators had security vulnerabilities that could put lives at risk, they didnt warn St. Jude. Instead, the hackers, who work for cybersecurity startup MedSec, e-mailed Carson Block, who runs the Muddy Waters Capital LLC investment firm, in May. They had a money-making proposal. ...Read More »
Facebook Takes First Step Toward Making Money From WhatsApp Deal By Bloomberg News (Bloomberg) -- Facebook Inc. is laying the groundwork for its free messaging service WhatsApp to begin making money, easing its privacy rules so data can be used for Facebook advertising and allowing businesses to message its more than one billion users. Its the first step toward monetizing the platform since the social networks Chief Executive Officer Mark Zuckerberg paid $22 billion for the app in 2014. ...Read More »
German Prosecutors Study Stolen Bosch Data for Emissions Probe By Bloomberg News (Bloomberg) -- German prosecutors are reviewing data that a former Robert Bosch GmbH employee stole from the car-parts maker a few years ago for any information that would help a probe of the companys possible role in Volkswagen AGs diesel-emissions cheating scandal. ...Read More »
Telecom Argentina Can Get Head Start on TV, Official Says By Bloomberg News (Bloomberg) -- Telecom Argentina SA would be allowed to offer video content ahead of its phone competitors if its acquired in a merger by cable provider Cablevision SA, a government official said. ...Read More »
Financial Networking Company Prepares for ?Post-Quantum World By Bloomberg News (Bloomberg) -- When it comes to cybersecurity, no one can accuse IPC Systems Inc., the New Jersey-based company that builds communications networks for trading firms and financial markets, of preparing to fight the last war. ...Read More »

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