#Flame virus may be work of nation state behind #Stuxnet, Kaspersky says, though adds code itself bears no resemblance. #cybersecurity
Kaspersky Lab uncovers data-stealing virus #Flame across Middle East, says most complex piece of malware ever found #Stuxnet #cybersecurity
BOSTON, May 28 (Reuters) – Security experts have discovered
a new data-stealing virus dubbed Flame they say has lurked
inside thousands of computers across the Middle East for as long
as five years as part of a sophisticated cyber warfare campaign.
It is the most complex piece of malicious software
discovered to date, said Kaspersky Lab security senior
researcher Roel Schouwenberg, whose company discovered the
virus. The results of the Lab’s work were made available on
BOSTON (Reuters) – Facebook Chief Operating Officer Sheryl Sandberg spoke to Harvard University students in her first public appearance since the company’s disappointing initial public offering, but refrained from addressing the controversy around its messy, glitch-plagued debut.
Instead, Sandberg urged students graduating this week from Harvard’s business school to work for fast-growing companies, communicate honestly and address inequality in the workplace.
SAN FRANCISCO (Reuters) – Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market.
SAP is taking aim at Oracle, the world’s No. 2 maker of business management software, as they vie with Salesforce.com Inc in the multibillion dollar cloud-computing services market, one of the industry’s hottest area of growth.
May 22 (Reuters) – Europe’s top software company, SAP AG
said it would buy U.S. software maker Ariba Inc
for $45 a share, turning up the heat on SAP’s U.S.
rival Oracle in the Internet-based software market.
The deal puts Ariba’s enterprise value at about $4.3
billion. Enterprise value is market capitalization plus debt and
By Jim Finkle
(Reuters) – Computer Sciences Corp’s (CSC.N: Quote, Profile, Research, Stock Buzz) new CEO vowed to turn around his struggling firm as it posted an annual loss of $4.2 billion, saying he is working hard to lay the groundwork for a return to profitability.
“These results are very poor. They are unacceptable,” Chief Executive Mike Lawrie said on the technology services firm’s earnings conference call Thursday. “We are taking immediate actions.”