UK watchdog assesses evidence after Cambridge Analytica office search

Bloomberg The UK’s privacy watchdog searched the London offices of Cambridge Analytica in the wake of allegations that information on millions of Facebook Inc.’s users was scooped up without their consent, widening a probe that cut the internet giant’s share price by more than 10 percent this week. The Information Commissioner’s Office said the search that began on March 23 ...

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Congress prods Zuckerberg to testify for restoring trust

Bloomberg Embattled Facebook Inc. Chief Executive Officer Mark Zuckerberg has received another call from Congress to testify on the unfolding scandal over reports the company allowed Cambridge Analytica to harvest 50 million users’ data. Senate Commerce Chairman John Thune, the No. 3 Republican in the chamber, and ranking Democrat Bill Nelson issued a joint statement calling on Zuckerberg to testify ...

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Threat from cyber hackers is growing: US grid regulator

Bloomberg Hackers increasingly threaten sites in the US ranging from nuclear power plants to water processing systems, according to a member of the Federal Energy Regulatory Commission, adding his voice to warnings from several agencies and officials in recent weeks. “Cyberattacks have the potential to cause significant, widespread impacts on energy infrastructure,” Commissioner Neil Chatterjee said. “Sophisticated hacking tools are ...

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Dropbox tops private value, shares soar in market debut

Bloomberg Dropbox Inc. exceeded its private valuation in its market debut, as shares soared after pricing above their marketed range in the biggest technology initial public offering of the year. Shares closed at $28.48 apiece in New York on March 23, giving the file-sharing company a market valuation of $11.2 billion. They climbed as much as 50 percent above their ...

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UK spy attack: Trump plans expulsion of Russian envoys

Bloomberg President Donald Trump is preparing to expel dozens of Russian diplomats from the US in response to the nerve-agent poisoning of a former Russian spy in UK, two people familiar with the matter said on Saturday. Trump agreed with the recommendation of advisers and the expulsions are likely to be announced on Monday, the people said, though they cautioned ...

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Catalan parliament suspends vote for regional president

Bloomberg Catalonia’s parliament suspended a vote to name a new president because the separatist candidate is in jail, extending the political limbo in a region divided by a campaign to split from Spain. Speaker Roger Torrent said he wouldn’t hold the vote on Jordi Turull’s bid because he was jailed by a judge investigating his role in an attempt to ...

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As thousands of Syrian rebels quit Ghouta, Douma stands alone

BEIRUT / Reuters The Syrian army paused its bombardment of Douma, the last rebel bastion in eastern Ghouta, after midnight, a war monitor said on Saturday, as insurgents prepared to leave the rest of their former enclave. Thousands of fighters and their family members departed neighbouring Harasta by bus after a deal with the government to surrender the town. Insurgents ...

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Italy center-right patches over populist pact clash

Bloomberg Italy’s League leader Matteo Salvini and ex-premier Silvio Berlusconi pledged to remain united after a virulent clash over relations with the anti-establishment Five Star Movement, with the prospect of a pop- ulist Five Star-League government alarming investors. Center-right alliance leaders Salvini, Berlusconi and Giorgia Meloni of the far-right Brothers of Italy party said in a joint statement after meeting ...

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New Peru leader calls for end to ‘hate and confrontation’

Bloomberg Martin Vizcarra assumed Peru’s highest office pledging to end the political confrontation that forced his predecessor to quit while maintaining economic stability and fighting corruption. The 55-year-old engineer-turned-politician called for unity to recover governability and the trust of Peruvians, in a national address after being sworn in as president in Congress. He signalled he would appoint a new finance ...

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The real cyberthreat to US

“This alert (from the Department of Homeland Security and the Federal Bureau of Investigation) provides information on Russian government actions targeting US Government entities as well as organizations in the energy, nuclear, commercial facilities, water, aviation and critical manufacturing sectors” — Joint DHS and FBI memorandum, March 15, 2018 One curiosity of the cyber age is that the American public ...

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