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SEC settles charges in RM3.2bil Indian accounting fraud
b>WASHINGTON:/bFederal securities regulators settled charges against Satyam Computer Services and sanctioned its accountants, adding to the damage from a massive accounting fraud that prompted a takeover of the company by the Indian Government and criminal charges against its former executives.
Drama over weak certs
b>KUALA LUMPUR:/bCyberSecurity Malaysia wants the Government to consider stronger audit policies for security certificates. This comes in the wake of the revoking of trust by three major Internet browsers against local intermediate certificate authority (CA) DigiCert Sdn Bhd.
Yahoo! names PayPal’s Thompson as CEO
b>SAN FRANCISCO/b>: Yahoo! named PayPal president Scott Thompson as its chief executive on Jan 4, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay and turn around the struggling company.
EU takes on Internet giants over people’s personal data
b>BRUSSELS:/bThe European Commission has launched a bid to make companies including Internet giants such as Google or Facebook give people more control of their personal data or face big fines
Facebook’s Zuckerberg to keep iron grip after IPO
b>SAN FRANCISCO/b>: Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as US$10bil (RM30bil), but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say.
Yahoo! chairman exits, review drags on
b>SAN FRANCISCO/b>: Yahoo! Inc chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo! Japan.
New Microsoft CEO faces big choices post-Ballmer
The next CEO has a big decision to make: Continue with Ballmer's One Microsoft plan or jettison that idea.
Clock ticking for a 2013 Alibaba IPO
The door is closing fast for Alibaba Group Holding Ltd to complete an initial public offering in 2013.
Microsoft close to naming CEO, Ford's Mulally stays put
Ford Motor Co's chief, Alan Mulally, said he would not be going to the software giant.
Twitter ban raises specter of broader social media clampdown
Turkey's abrupt ban on Twitter Inc stirred concerns on Friday that the country may pull the plug on other social media and Internet services as it grapples with internal turmoil.
