China has refuted allegations that a Shanghai-based unit of its Army has stolen hundreds of terrabytes of information from U. S. firms.
Computer security firm Mandiant recently accused the Chinese military Unit 61398 of stealing state and industrial sensitive information from 140 U. S. companies.
As expected, the Chinese authorities refuted the allegation, citing lack of any hard legal evidence.
U. S. Cellular has announced its plans to expand its LTE coverage from current 61 per cent to 87 per cent of its customer base in the country by the end of 2013.
The company said that its LTE network will cover more than 3,800 additional cities and towns across the U. S. The company's super fast LTE services will be made available in select cities in California, Nebraska and Kansas, as well as the services will be expanded to include many more cities like Iowa, Illinois, Maryland, Missouri, Maine, Texas Virginia and West Virginia.
Goodyear Tire & Rubber Co., the largest tire maker of North America, suffered considerable year-on-year declines in sales and net income in the final three months of 2012, as continuing economic woes reduced orders from car makers and pushed consumers to postpone replacement of their vehicles' tires.
The tire giant said that its net sales slipped to slightly over $5.0 billion in the Q4 of 2012, from $5.7 billion in the corresponding period of the previous year.
Boeing Co carried out a short test flight of 787 Dreamliner to collect more data about the problematic batteries of the beleaguered plane.
It was the second Dreamliner test flight since the US Federal Aviation Administration (FAA) ordered grounding of Dreamliner's commercial flights on January 16. The earlier test flight was carried out on Saturday.
Dreamliner pilots described both flights "uneventful," while the plane manufacturer declined to share details about the tests because of the ongoing investigation.
Karen Mills, the head of the Small Business Administration (S. B. A.), announced her resignation on Monday, becoming the latest member of President Obama's Cabinet to step down.
Harvard-educated Ms. Mills, who took the reins of the S. B. A. in 2009, announced her resignation in a note to her staff. However, she also indicated that she would stay on the administration appoints her successor.
Ms. Mills, who was a venture capitalist before her joining of the federal agency, did not utter anything about her future plans.
Higher crude oil prices and refinery shutdowns pushed average U. S. gasoline prices up by 25 cents per gallon over the past two weeks, recently released Lundberg Survey of fuel prices revealed.
The survey of nearly 2,500 filling stations revealed that average U. S. gasoline price jumped 24.75 cents from the survey's previous average price figure recorded on January 25.
People will spend more than $1.9 billion on flowers on this Valentine’s Day, a cording to a survey carried out by the National Retail Federation.
Various surveys also revealed that roses become costlier on this special day. However, following recommendations by save-your-money website Cheapism. com can help you pay less and get better flowers.
Cheapism. com suggests that avoiding big name online floral sites and visiting or calling a local florist for flowers can save you a lot of your hard earned money.
The U. S. Nuclear Regulatory Commission (NRC) confirmed on Friday that it was probing whether Southern California Edison had knowledge of safety issues with new equipment before they installed them in the San Onofre nuclear plant in 2009-10.
The San Onofre Nuclear Generating Station suffered unusual degradation of steam generator tubes that led to small leaks of radioactive steam around a year ago and forced the plant to shutdown.
The U. S. Postal Service has announced its plans to abolish Saturday first-class mail delivery to home as well as business addresses, as part of measures to cut costs.
The financially-troubled mail carrier expects the measure to save around $2 billion per annum.
Des Plaines, a long-time resident of Lynn Albrecht, 71, said she could remember the days when mail delivery used to take place twice on Saturdays. However, she added that she could understand that the Postal service's decision to end Saturday deliveries.
The `Best of' guide recently rolled out by location-based check-in social network Foursquare has revealed "the most awesome places" - where people checked into last year - at different cities across the US.
The guide is based on over 3 billion member check-ins, as well as user tips, likes, and dislikes, running into tens of millions. The guide, in particular, shows the top US locations - in 30 cities, including New York, Atlanta, and Honolulu - which the users checked into in 2012.
US persecutors have charged three Eastern Europeans with various counts for creating and distributing a virus called Gozi that infected over a million computers around the globe.
All the three men, viz. Nikita Kuzmin, Mihai Paunescu and Deniss Calovskis, are in their 20s.
The Gozi virus was used to infect computer, and steal people's personal bank information and then steal millions of dollars between 2005 and 2011.
According to the US government investigators, Kuzmin and his co-defenders pocketed at least $50 million (around £32 million) in illegal profits using the Gozi virus.
The US government made the maximum number of requests to Google seeking users' account information in the in the second half of 2012, Google latest Transparency Report revealed.
The report, published on Wednesday, revealed that the US government remained far ahead of all other governments who requested user information from the world's biggest search engine.
According to released figures, American government agencies made more than 8,400 requests for around 15,000 accounts. The number of data requests jumped 6 per cent from the previous six months.
Consumer electronics giant Samsung on Tuesday announced the launch of a new high-end smartphone dubbed the Samsung Galaxy Grand, which has been designed to particularly target the youth and young company executives in the age group of 18-35 years.
The company said the Galaxy Grand would be simultaneously launched in several key markets across the world, including India.
The Android 4.1.2 Jelly Bean OS-based smartphone has borrowed several features from the South Korean firm's flagship devices like the Samsung Galaxy S3 and the Note 2.
Now-shuttered file-sharing site Megaupload founder Kim Dotcom on Sunday night announced the launch of a new file-sharing website, called the Mega.
Defying the US prosecutors who accuse him of facilitating online piracy, Dotcom unveiled the "Mega" file-sharing site at a lavish gala at his New Zealand mansion.
Dotcom claimed that the new file-sharing site would provide users with greater privacy and enjoy great popularity. As per his claims, around half a million users registered for the new site within its first 14 hours.
Antivirus software vendor Kaspersky has said that the long-running espionage campaign Red October started unplugging in the hours following its discovery.
The Red October espionage campaign, which reportedly infected several hundred computers installed at government agencies, embassies, energy organizations and nuclear research units, came to light on Monday, after Kaspersky Lab researchers mentioned it in a report.
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