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U.S. national security prosecutors shift focus from spies to cyber
Tue, 21 Oct 2014 07:07:25 -0400

The Department of Justice logo is seen on the podium during a news conference on the Gozi Virus in New YorkBy Aruna Viswanatha WASHINGTON (Reuters) - The U.S. Justice Department is restructuring its national security prosecution team to deal with cyber attacks and the threat of sensitive technology ending up in the wrong hands, as American business and government agencies face more intrusions. The revamp, led by Assistant Attorney General John Carlin, also marks a recognition that national security threats have broadened and become more technologically savvy since the 9/11 attacks against the United States. ...


Djibouti Internet start-up aims to boost broadband speeds across east Africa
Tue, 21 Oct 2014 06:33:54 -0400

By Matt Smith DUBAI (Reuters) - Internet access in east Africa is still relatively slow and costly but a Djibouti-based technology start-up company has ambitions to help change that. Djibouti Data Center (DDC), set up by a group of local and international investors 18 months ago, is the first data center and Internet exchange in east Africa connected to eight fiber optic cables that are part of the main Internet route from Europe to Asia. ...

Russia ruled out as culprit in Chase cyber security breach, U.S. officials say
Mon, 20 Oct 2014 20:29:28 -0400

WASHINGTON (Reuters) - The Russian government has been ruled out as sponsor of a cyber attack on JPMorgan Chase & Co disclosed in August, U.S. law enforcement officials said on Monday.Officials from the FBI and Secret Service told a news conference at the Financial Services Roundtable in Washington that authorities believe the attack was the work of cyber criminalsEarly news reports in August said that investigators feared the attack was conducted on behalf of the Russian government as retribution for economic sanctions imposed by the United States. ...

China-backed hackers may have infiltrated Apple's iCloud: blog
Mon, 20 Oct 2014 19:42:31 -0400

Apple CEO Tim Cook looks at a new IMac after presentation at Apple headquarters in CupertinoSAN FRANCISCO (Reuters) - Apple Inc's iCloud storage and backup service in China was attacked by hackers trying to steal user credentials and other information, a cyber security blog charged on Monday, saying it believes the country's government is behind the campaign. Unknown "Chinese authorities" interposed their own website between users and Apple's iCloud, intercepting instructions and messages while the user believes he or she is communicating directly with Apple's site, Greatfire.org wrote in its blog post. ...


Apple's iPhone sales beat Street but iPad volumes slide
Mon, 20 Oct 2014 17:48:21 -0400

The leaf on the Apple symbol is tinted green at the Apple flagship store on 5th Ave in New YorkBy Christina Farr and Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc forecast a strong holiday quarter after a better-than-expected 16 percent jump in iPhone sales, and the strongest growth in Mac computer shipments in years helped the company surpass Wall Street's targets. The company on Monday projected stronger-than-expected revenue of $63.5 billion to $66.5 billion in the December quarter, when new iPads and iPhones vie with rival devices from Microsoft Corp and Amazon.com Inc for consumers' holiday outlays. Shares of Apple rose 1.3 percent to about $101.10 in after-hours trade. ...


Oregon man said missing after answering Craigslist ad; police probing
Mon, 20 Oct 2014 17:40:37 -0400

(Reuters) - Oregon authorities are looking into the disappearance of a 19-year-old Portland man, police said on Monday, and an advocacy group said he went missing after he responded to a Craigslist job ad posted by a couple seeking a caregiver. Ian Biggs was dropped off at a downtown Portland train station by a friend on Oct. 11 as he headed to meet the couple in a large park, said Michelle Bart, a spokeswoman for the National Women's Coalition Against Violence and Exploitation, which represents the man's mother. ...

Microsoft says to provide cloud, tools for tackling Ebola
Mon, 20 Oct 2014 17:31:09 -0400

Microsoft CEO Nadella addresses the media during an event in New DelhiSAN FRANCISCO (Reuters) - Microsoft Corp will provide free cloud-computing and research applications to qualified medical researchers working on the Ebola virus, the software company's chief executive said on Monday. "One of the things tomorrow morning we're going to do is make available Azure computer power to the research community," Chief Executive Officer Satya Nadella said at a presentation in San Francisco. ...


New apps bring kids' playtime back to real world
Mon, 20 Oct 2014 16:21:45 -0400

By Natasha Baker TORONTO (Reuters) - Parents eager to get their children away from television and video screens can turn to new apps that get youngsters to learn while playing in the real world. New iPad and iPhone apps for children by companies such as Osmo and Tiggly are designed to help children learn spatial, language, counting and physics concepts while playing with tangible objects. Tangram, Words and Newton from California-based Osmo let children manipulate objects in the real world and to interact with games on the screen. ...

Fidelity Contrafund loads up on Facebook and it pays off
Mon, 20 Oct 2014 13:51:23 -0400

The Facebook logo is pictured at the Facebook headquarters in Menlo ParkBOSTON (Reuters) - The $108 billion Fidelity Contrafund continues to have a big appetite for Facebook Inc's stock, adding to its position in the social media company during the third quarter and praising its mobile ad revenue growth and "visionary management." The fund, which is the largest mutual fund owner of Facebook, disclosed adding to its position in its third-quarter commentary letter to investors on Monday. ...


Wall Street urges U.S. regulators' joint cybersecurity approach
Mon, 20 Oct 2014 12:35:00 -0400

A magnifying glass is held in front of a computer screen in this picture illustration taken in BerlinBy Sarah N. Lynch and Douwe Miedema WASHINGTON (Reuters) - Wall Street's top trade group is calling for the creation of a new inter-agency working group of regulators and the White House that would be tasked with developing consistent cybersecurity rules for the financial industry. The recommendation by the Securities Industry and Financial Markets Association (SIFMA) was one of several unveiled on Monday as part of a new paper that lays out proposed "principles for effective cybersecurity regulatory guidance. ...


IBM to pay Globalfoundries $1.5 billion to take chip unit
Mon, 20 Oct 2014 09:15:32 -0400

A man passes by an illuminated IBM logo at the CeBIT computer fair in HanoverBy Abhirup Roy (Reuters) - IBM Corp said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing and big data analytics. IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday. IBM took a related pre-tax charge of $4.7 billion in its third quarter. It also reported a 4 percent drop in revenue on Monday, hurt by weak sales in its software and services businesses. IBM's shares fell 8 percent to $167 in premarket trading. ...


Industry chiefs including Zuckerberg named to board of influential Beijing business school
Mon, 20 Oct 2014 04:58:50 -0400

Mark Zuckerberg, founder and CEO of Facebook, reacts during an address to a gathering at the Internet.org Summit in New DelhiBEIJING (Reuters) - China's Tsinghua University School of Economics and Management has added three western business heavyweights to its advisory council including Mark Zuckerberg, the Facebook Inc founder who has long sought to enter the Chinese market where his social network is currently banned. Zuckerberg - who was named to the board along with Virginia Rometty, the IBM chief executive, and Anheuser-Busch InBev SA CEO Carlos Brito - will attend the business school's annual board meeting in Beijing on Friday, Facebook said. ...


Yahoo set to outline cost-cutting efforts: WSJ
Mon, 20 Oct 2014 04:02:49 -0400

Yahoo CEO Marissa Mayer delivers her keynote address at the annual Consumer Electronics Show (CES) in Las Vegas(Reuters) - Yahoo Inc is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan. Yahoo is considering acquiring one or more large technology startups with some of the $5.8 billion it made from the initial public offering of Alibaba Group Holding Ltd, the newspaper said. Representatives at Yahoo did not immediately respond to an email seeking comment outside regular U.S. business hours. ...


China's JD.com starts operations in $1 billion warehouse, land push
Sun, 19 Oct 2014 22:16:46 -0400

Liu, CEO and founder of China's e-commerce company JD.com, rides an electric tricycle as he leaves a delivery station in BeijingBEIJING (Reuters) - Chinese e-commerce giant JD.com Inc said it had launched its warehouse and logistics initiative, ahead of China's biggest online shopping event which produced sales of $1.6 billion for the firm last year. The initiative is part of a $1 billion push to expand storage and processing facilities in China, where JD.com presently operates 7 fulfillment centers and 97 warehouses in 39 cities. A Shanghai warehouse has started operations as part of the initiative, the firm said in a statement. The facility eventually will be able to sort 16,000 packages an hour. ...


Microsoft plans to launch smartwatch within weeks: Forbes
Sun, 19 Oct 2014 18:36:41 -0400

A employee stands in the Microsoft booth during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in TaipeiNEW YORK (Reuters) - Microsoft Corp. is preparing to launch a smartwatch within the next few weeks that will passively track a user's heart rate and work across different mobile platforms, Forbes reported on Sunday. The wearable gadget's battery life will exceed two days of regular use, Forbes reported, citing unnamed sources close to the project. It will arrive in stores soon after being unveiled in an effort to capture the holiday season, Forbes reported. Microsoft declined to comment. Apple Inc unveiled a smartwatch on Sept. ...


U.S. Marines tap female executives for advice on growing women in ranks
Sun, 19 Oct 2014 17:18:30 -0400

Sheryl Sandberg, COO of Facebook, wearing someone else's ID badge, arrives for the third day of the Allen and Co. media conference in Sun ValleyBy Andrea Shalal WASHINGTON (Reuters) - Last spring, U.S. Marine Corps Commandant General James Amos did not even know who Sheryl Sandberg was. Six months later he is good friends with Sandberg, the chief operating officer of social media company Facebook Inc , a top advocate for empowering women to take on leadership roles. Amos, who retired Friday after 44 years of service, met Sandberg in March, and has since hosted her and other Facebook executives at several events aimed at brainstorming ways to boost the number of female Marines from the current 7.5 percent. ...


China says it's hard to resume cyber security talks with U.S.
Sun, 19 Oct 2014 09:26:01 -0400

China's State Councillor Yang and U.S. Secretary of State Kerry talk over tea during a day of meetings in BostonBEIJING (Reuters) - Resuming cyber security cooperation between China and the United States would be difficult because of "mistaken U.S. practices", China's top diplomat told U.S. Secretary of State John Kerry. Cyber security is an irritant to bilateral ties. On Wednesday the U.S. Federal Bureau of Investigation said hackers it believed were backed by the Chinese government had launched more attacks on U.S. companies, a charge China rejected as unfounded. ...


Outgoing Tennessee lawmaker ribs newly laid-off reporter
Fri, 17 Oct 2014 21:29:47 -0400

By Les Neuhaus KNOXVILLE Tenn. (Reuters) - An outgoing Tennessee lawmaker representing a Knoxville district admitted on Friday to sending a ridiculing message on social media to a newly laid-off political reporter. State Senator Stacey Campfield, a Republican, confirmed that he sent a public Facebook message on Thursday that said, “so, Do YOU have any comments now?” to Cari Wade Gervin, a former government reporter for Knoxville’s Metro Pulse. Gervin, along with the entire staff of the 23-year-old alternative weekly newspaper, was laid off this week by the Knoxville News Sentinel, owned by ...

Verizon Wireless outage hits parts of Brooklyn, Manhattan
Fri, 17 Oct 2014 18:01:06 -0400

WASHINGTON (Reuters) - Verizon Wireless customers in New York City experienced a wireless service outage on Friday that affected at least three boroughs, according to website downdetector.com and social media comments. Verizon, the largest cellular service provider in the United States, received over 700 reports of outages in Brooklyn, the Bronx and Manhattan, according to the website, which monitors disruptions. Verizon did not immediately respond to a request for comment. Customers were unable to make calls or send text messages, according to online comments. ...

U.S. Air Force lands robotic X-37B space plane in California
Fri, 17 Oct 2014 15:10:03 -0400

x37b_otvBy Steve Gorman LOS ANGELES (Reuters) - The U.S. military landed its X-37B robotic space plane at Vandenberg Air Force Base in central California on Friday, ending a classified 22-month mission that marked the third in Earth orbit for the experimental program, the Air Force said. The X-37B, a 29-foot-long (9-meter) winged craft that resembles a miniature NASA space shuttle, touched down at 9:24 a.m. local time at the coastal air base and launch facility near Lompoc, California, 160 miles (258 km) northwest of Los Angeles. ...


Google's revenue falls short despite curbing price declines
Thu, 16 Oct 2014 18:16:04 -0400

A Google logo is seen at the garage where the company was founded on Google's 15th anniversary in Menlo Park, CaliforniaBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. The total number of ads, or paid clicks, expanded by 17 percent in the third quarter. That was down from the 25 percent growth rate that Google delivered in the second quarter. But online advertising rates, which have been mired in a multi-year decline, moderated slightly in the third quarter, declining 2 percent year-on-year. ...


Getty fails to get injunction on Microsoft image widget
Thu, 16 Oct 2014 17:57:00 -0400

A shadow of a man using his mobile phone is cast near Microsoft logo at the 2014 Computex exhibition in TaipeiBy Andrew Chung NEW YORK (Reuters) - Getty Images Inc has failed to convince a federal judge to halt Microsoft Corp's Bing Image Widget, which it said enabled massive copyright infringement, because the software company had already taken it down voluntarily. The multimedia photo and video agency sued Microsoft on Sept. 4 over the widget, which it said permitted the display of images without giving their owners a licensing fee or attribution. Getty owns or represents the owners of more than 80 million digital images. Getty asked U.S. ...


Twitter lets users stream music, audio via SoundCloud tie-up
Thu, 16 Oct 2014 17:31:15 -0400

A portrait of the Twitter logo in VenturaSAN FRANCISCO (Reuters) - Twitter Inc will allow users to play podcasts, music and other audio clips direct from their timelines, or message feeds, via a new feature designed in partnership with Berlin-based audio-streaming service SoundCloud. The online messaging service introduced on Thursday what it called "Audio Card," through which users can listen to a variety of content whilst browsing their timelines. For starters, Twitter has promised audio from SoundCloud's partners, which include such diverse sources as NASA, the Washington Post, CNN, David Guetta, Coldplay and Warner Music. ...


In bitter Florida governor's race, debate hits the fan
Thu, 16 Oct 2014 15:48:18 -0400

Democratic challenger, former Republican Gov. Charlie Crist (L) and Florida Republican Gov. Rick Scott, shake hands after participating in their second debate in DavieBy Letitia Stein TAMPA Fla. (Reuters) - The Republican and Democratic candidates in Florida's dead-heat race for the governorship squabbled on Thursday over what caused the bizarre delay of a live televised debate that has been dubbed "Fangate." Famously purple in presidential races, the country's largest swing state has been a bleak mid-term battleground for Democrats in the two decades since the party last won a governor's race. At the debate on Wednesday night, Republican Governor Rick Scott was missing as Democrat Charlie Crist took the stage alone. ...


'Malvertising' targets U.S. military firms in new twist on old web threat
Thu, 16 Oct 2014 13:08:37 -0400

An illustration picture shows a projection of text on the face of a woman in BerlinBy Eric Auchard AMSTERDAM (Reuters) - A surge in malware disguised as online advertisements aimed at unsuspecting web users has hit major U.S. military contractors in the past few weeks, marking a dangerous twist on a decade-old scourge for advertisers, security researchers said on Thursday. Researchers from Fairfax, Virginia-based security software company Invincea said they had documented new uses of so-called "malvertising" to carry out highly-targeted cyber espionage campaigns against three firms in the military-industrial arena. ...


EU Commission sues Sweden over online betting, poker laws
Thu, 16 Oct 2014 11:32:11 -0400

European flags are seen outside the European Commission headquarters in BrusselsBy Julia Fioretti BRUSSELS (Reuters) - The European Commission started legal action against Sweden on Thursday for failing to change its rules on online betting and poker games which it said breach EU law on the free movement of services. The European Union's executive referred Sweden to Europe's highest court in two separate cases related to its restriction of gambling license to domestic and state-owned operators only. ...


China blocks BBC website as Hong Kong tensions rise
Thu, 16 Oct 2014 04:18:33 -0400

SHANGHAI (Reuters) - Chinese Communist Party censors have blocked the website of Britain's national broadcaster, the BBC said in a statement, as tensions rise in Hong Kong between pro-democracy protesters and police.     The broadcaster said that the move seemed to be "deliberate censorship". It did not say what may have prompted the move by Beijing, which also blocks the websites of the New York Times, newswire Bloomberg and the BBC's Chinese-language website. ...

Publishers aim to take Chinese literature to the world
Thu, 16 Oct 2014 02:06:53 -0400

A woman sorts books at a booth during preparations for the upcoming book fair in FrankfurtBy Kirsti Knolle FRANKFURT (Reuters) - China, the world's second-biggest book market after the United States, has long been a consumer of works from other countries, now it is making a push to export its own literature abroad, helped by the e-book revolution. Industry players at the Frankfurt Book Fair said they had observed a change in Chinese exhibitors' focus from acquiring foreign rights to selling the products of China's developing publishing sector. With sales volumes of nearly $18 billion, China is the largest buyer of rights and licenses for books published overseas. ...


FBI warns U.S. businesses of cyber attacks, blames Beijing
Wed, 15 Oct 2014 20:46:00 -0400

Vehicles drive on flyovers during the evening rush hour in central ShanghaiBOSTON (Reuters) - The U.S. Federal Bureau of Investigation said on Wednesday that hackers it believes to be backed by the Chinese government have recently launched attacks on U.S. companies. The "flash" warning to businesses described tools and techniques used by the hackers and asked companies to contact federal authorities if they believe they are the victims of such attacks. The document said the agency recently obtained information regarding "a group of Chinese government affiliated cyber actors who routinely steal high-value information from U.S. ...


Netflix's U.S. growth slows, shares plunge
Wed, 15 Oct 2014 18:26:04 -0400

The Netflix logo is shown in this illustration photograph in Encinitas, CaliforniaBy Lisa Richwine (Reuters) - Netflix Inc signed up fewer video streaming subscribers than forecast for the quarter that ended in September as its U.S. growth slowed markedly, sending its shares plunging as much as 27 percent. The company, which operates in nearly 50 countries, blamed a $1 price hike, to $8.99 a month, for discouraging new sign-ups. It lured 3.02 million new streaming customers globally, versus the 3.69 million it projected in July. Netflix attracted about 980,000 new customers in the United States, its largest market, down from 1.29 million in the same period a year earlier. ...


eBay trims 2014 revenue outlook amid economic fears
Wed, 15 Oct 2014 17:29:27 -0400

An eBay sign is seen at an office building in San Jose, CaliforniaBy Deepa Seetharaman SAN FRANCISCO (Reuters) - EBay Inc trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal. EBay's report comes as weak economic data from the United States and China fan fears of a global slowdown, forcing investors to re-examine the world economy only just emerging from one of the worst recessions in history. ...


'Friends' will 'be there for you' in Netflix streaming deal
Wed, 15 Oct 2014 14:42:19 -0400

FRIENDS CAST APPEARS WITH WINNER JENNIFER ANISTON AT EMMY AWARDS.LOS ANGELES (Reuters) - "Friends" may have wrapped up ten years ago, but Ross, Chandler, Monica, Rachel, Phoebe and Joey will appear on Netflix beginning in January, Warner Bros. TV and the online Internet-streaming service said on Wednesday. All 236 episodes of the popular NBC 10-season series, one of the most-watched U.S. shows of all time, will be available for streaming on the subscription service beginning Jan. 1, 2015. The show launched the careers of actors Jennifer Aniston, Courteney Cox, Matt LeBlanc, Matthew Perry, David Schwimmer and Lisa Kudrow, and made them household names. ...


GM sides with U.S. wireless carriers in net neutrality fight
Wed, 15 Oct 2014 13:18:47 -0400

By Alina Selyukh WASHINGTON (Reuters) - Top U.S. automaker General Motors Co has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars. ...

Analysis: Department stores fight back from online challenge
Wed, 15 Oct 2014 09:49:15 -0400

The first shoppers arrive at Macy's Herald Square on Thanksgiving Day in New YorkBy Emma Thomasson PARIS (Reuters) - Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global fashion chains and online shopping. Retail consultancy Verdict predicts the global sector should return to growth in 2014 and expand by 22 percent to about $450 billion by 2019. The recovery will be driven by expansion in emerging markets, with China set to account for 30 percent of total spend five years from now. ...


Soccer-Ferdinand charged by FA over Twitter comment
Wed, 15 Oct 2014 03:45:43 -0400

Former Manchester United player Rio Ferdinand looks on as he meets the media during a promotional event where he and Manchester City's Sergio Aguero compete for the most popular "selfie" in SingaporeLONDON (Reuters) - Former England centre back Rio Ferdinand has been charged by the Football Association for misconduct following a comment he made on Twitter. "It is alleged the comment posted on his twitter account was abusive and/or indecent and/or insulting and/or improper," the governing body said in a statement. "It is further alleged that this breach is aggravated pursuant to FA Rule E3(2) as it included a reference to gender." The Queens Park Rangers defender, 35, has until Oct. 21 to respond to the charge. ...


New Poodle web threat not seen as menacing as Heartbleed, Shellshock
Tue, 14 Oct 2014 22:45:49 -0400

A Google search page is seen through a magnifying glass in this photo illustration taken in BrusselsBy Jim Finkle BOSTON (Reuters) - Three Google Inc researchers have uncovered a security bug in widely used web encryption technology that they say could allow hackers to take over accounts for email, banking and other services in what they have dubbed a "Poodle" attack. The discovery of "Poodle," which stands for Padding Oracle On Downloaded Legacy Encryption, prompted makers of web browsers and server software to advise users on Tuesday to disable use of the source of the security bug: an 18-year old encryption standard known as SSL 3.0. ...


U.S. health workers rally for Dallas nurse with Ebola, students pray
Tue, 14 Oct 2014 21:55:31 -0400

By Lisa Maria Garza DALLAS (Reuters) - Thousands of U.S. health workers have joined social media campaigns in the past few days to support a Texas nurse who became the first person infected with Ebola in the United States, which she contracted caring for a dying African patient at a Dallas hospital. The nurse, Nina Pham, 26, was diagnosed over the weekend and is in an isolation unit at Texas Health Presbyterian Hospital, where she worked. Her illness has raised questions about whether a lapse in infectious disease protocols was behind her becoming infected. ...

Mozilla to disable encryption feature in next Firefox browser due to 'Poodle' bug
Tue, 14 Oct 2014 21:00:45 -0400

A man is seen next to a Firefox logo at a Mozilla stand during the Mobile World Congress in Barcelona(Reuters) - Mozilla said it will disable Secure Sockets Layer (SSL) encryption in the latest version of its Firefox web browser that will be released on Nov. 25 after a security bug called "Poodle" was discovered in a web encryption technology. "By exploiting this vulnerability, an attacker can gain access to things like passwords and cookies, enabling him to access a user’s private account data on a website," Mozilla said in its blog. (http://mzl.la/1DaxOwY) SSL 3.0 will be disabled by default in Firefox 34, Mozilla said. ...


Researchers find new web encryption bug, warn of 'Poodle' attack
Tue, 14 Oct 2014 19:42:43 -0400

A Google search page is seen through a magnifying glass in this photo illustration taken in BrusselsBOSTON (Reuters) - Three Google Inc researchers have uncovered a security bug in widely used web encryption technology that they say could allow hackers to steal data in what they have dubbed a "Poodle" attack. "Poodle" stands for Padding Oracle On Downloaded Legacy Encryption. The problem is an 18-year old encryption standard, known as SSL 3.0, which is still widely used in web browsers and websites. It was disclosed in a research paper published late on Tuesday on the website of the OpenSSL Project, a group that develops the most widely used type of SSL encryption software. ...


Snapchat breach exposes flawed premise, security challenge
Tue, 14 Oct 2014 19:41:48 -0400

A security camera is seen over the door of Snapchat's headquarters in VeniceBy Sarah McBride and Alexei Oreskovic SAN FRANCISCO (Reuters) - The prospect of tens of thousands of potentially racy Snapchat photos hitting the Internet has driven home a simple fact: the mobile app's core feature - delivering photos and videos that vanish seconds after viewing - is flawed. The negative publicity surrounding that speculation has spurred criticism about its lax security. But whether this will affect the valuation of the 3-year-old Silicon Valley start-up as it seeks another round of funding remains to be seen. ...



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