Nexon founder to sell controlling stake in gaming company's holding firm: report

The founder of South Korean gaming company Nexon is set to sell a controlling stake in Nexon's holding firm NXC Corp, the Korea Economic Daily newspaper reported on Thursday.

Apple cuts forecast, citing weak China sales amid trade tensions

Apple Inc on Wednesday cut its sales forecast for its latest quarter, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.

Tesla cuts U.S. prices on all vehicles, shares drop

Tesla Inc on Wednesday cut U.S. prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan, sending shares of the electric vehicle maker down nearly 7 percent on worries of future profitability. Analysts questioned whether t...

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Apple cuts revenue forecast on weak China sales

Apple Inc on Wednesday cut its current quarter revenue forecast, citing fewer iPhone upgrades and weak sales in China.

Google wins U.S. approval for new radar-based motion sensor

Alphabet Inc's Google unit won approval from U.S. regulators to deploy a radar-based motion sensing device known as Project Soli.

Cloud Hosting Provider DataResolution.net Battling Christmas Eve Ransomware Attack

Cloud hosting provider Dataresolution.net is struggling to bring its systems back online after suffering a ransomware infestation on Christmas Eve, KrebsOnSecurity has learned. The company says its systems were hit by the Ryuk ransomware, the same malware strain that crippled printing and delivery o...

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GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source

General Motors Co hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out of a $7,500 federal tax credit over the next 15 months, a person briefed on the matter said Wednesday.

GM hit 200,000 U.S. electric vehicles sold in 2018: source

General Motors Co reached 200,000 cumulative U.S. electric vehicles sold late last year, triggering a phase-out of a $7,500 federal tax credit over the next 15 months, a person briefed on the matter said on Wednesday.

Netflix poaches Activision's Neumann for CFO role

Netflix Inc said on Wednesday it had appointed media finance veteran Spencer Neumann from Activision Blizzard as its chief financial officer.

Tesla shares drop on price cut, disappointing Model 3 deliveries

Shares in Tesla Inc dropped as much as 9 percent on Wednesday after the electric car maker cut U.S. prices for all its vehicles to offset lower green tax credits and fell short on deliveries of its mass-market Model 3 sedans in the fourth quarter.

San Bernardino shooting lawsuits vs Facebook, Google, Twitter dismissed

A federal judge has dismissed lawsuits seeking to hold Facebook , Google and Twitter liable to victims of the December 2015 mass shooting in San Bernardino, California for letting Islamic State flourish on their social media platforms.

Tesla shares fall on price cut, soft Model 3 deliveries

Tesla Inc shares fell 9 percent on Wednesday after the electric car maker delivered fewer-than-expected Model 3 sedans in the fourth quarter and cut prices for all its vehicles in the United States to offset a reduction in a green tax credit.

Tesla shares dive after Model 3 delivery falls short of estimates, cuts prices

Tesla Inc shares sank 8 percent on Wednesday after the electric car maker delivered fewer-than-expected Model 3 sedans in the fourth quarter and cut prices for all its vehicles in the United States in response to the loss of a green tax credit.

Norway's electric cars zip to new record: almost a third of all sales

Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025.

Netflix pulls comedy show episode in Saudi Arabia

Netflix withdrew an episode of the comedy show "Patriot Act with Hasan Minhaj" from its Internet streaming service in Saudi Arabia after officials of the kingdom complained, the company said on Wednesday.

Tesla shares dive after price cut, production numbers

Tesla Inc shares sank 7 percent on Wednesday after the electric car maker cut prices of its vehicles by $2,000 in the United States in response to the loss of a green tax credit and reported fourth quarter production numbers.

Roku to launch subscription video channels business

Roku Inc said on Wednesday it will begin offering premium video channels to customers for a subscription fee as it expands its free streaming video service.

Almost a third of Norway's car sales in 2018 electric in new record

Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025, the independent Norwegian Road Federation said on Wednesday.

Microsoft gets green light from Qatar for global data center: QNA

Qatar's cabinet approved the establishment of a Microsoft global data center in the small Gulf country, state news agency QNA reported on Wednesday.

Playtech to pay 28 million euros after Israeli tax audit

Gambling software company Playtech will pay 28 million euros ($32.16 million) under a settlement with Israeli tax authorities following an audit of its accounts for the years from 2008 to 2017, the company said on Wednesday.

Netflix pulls comedy show episode in Saudi Arabia: media

Netfilx pulled an episode of the comedy show "Patriot Act with Hasan Minhaj" from its Internet streaming service in Saudi Arabia after kingdom officials complained, multiple media outlets reported Tuesday.

Google wins U.S. approval for radar-based hand motion sensor

Alphabet Inc's Google unit won approval from U.S. regulators to deploy a radar-based motion sensing device known as Project Soli.

Bill Gates' nuclear venture hits snag amid U.S. restrictions on China deals: WSJ

TerraPower LLC, a nuclear energy venture chaired by Microsoft Corp co-founder Bill Gates, is seeking a new partner for early-stage trials of its technology after new U.S. rules forced it to abandon an agreement with China, company officials told the Wall Street Journal.

Happy 9th Birthday, KrebsOnSecurity!

Hard to believe we’ve gone another revolution around the Sun: Today marks the 9th anniversary of KrebsOnSecurity.com! This past year featured some 150 blog posts, but as usual the biggest contribution to this site came from the amazing community of readers here who have generously contributed ...

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Serial Swatter and Stalker Mir Islam Arrested for Allegedly Dumping Body in River

A 22-year-old man convicted of cyberstalking and carrying out numerous bomb threats and swatting attacks — including a 2013 swatting incident at my home — was arrested Sunday morning in the Philippines after allegedly helping his best friend dump the body of a housemate into a local rive...

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Feds Charge Three in Mass Seizure of Attack-for-hire Services

Authorities in the United States this week brought criminal hacking charges against three men as part of an unprecedented, international takedown targeting 15 different “booter” or “stresser” sites — attack-for-hire services that helped paying customers launch tens of t...

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Microsoft Issues Emergency Fix for IE Zero Day

Microsoft today released an emergency software patch to plug a critical security hole in its Internet Explorer (IE) Web browser that attackers are already using to break into Windows computers. The software giant said it learned about the weakness (CVE-2018-8653) after receiving a report from G...

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A Chief Security Concern for Executive Teams

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. But you’d be forgiven if you couldn’t tell this by studying the executive leadership page of each company’s Web site. That’s because very fe...

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Spammed Bomb Threat Hoax Demands Bitcoin

A new email extortion scam is making the rounds, threatening that someone has planted bombs within the recipient’s building that will be detonated unless a hefty bitcoin ransom is paid by the end of the business day. Sources at multiple U.S. based financial institutions reported receiving the ...

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Scanning for Flaws, Scoring for Security

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? Fair or not, a number of nascent efforts are u...

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