EXCLUSIVE-Top cybercrime ring disrupted as authorities raid Moscow offices-sources WASHINGTON, Feb 5- Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world's most notorious financial hacking operations, according to three sources with knowledge of the matter. Experts familiar with the situation said the case represents Russia's biggest...
| By: Joseph Menn
Never seen more value traps in market: Advisor Financial advisor Mitch Goldberg sees a big problem: too much cash, and too few good ideas for where to invest it in the stock market.
| By: Mitch Goldberg, president of ClientFirst Strategy
US to rework arms control rule on exporting hacker tools The White House said it supports making cyber intrusion tools available overseas for legitimate cybersecurity activities, according to a letter made public Tuesday. The Obama administration agrees that "keeping these technologies from illegitimate actors must not come at the expense of legitimate cybersecurity activities," according to a letter from...
Source: The Associated Press
| By: By TAMI ABDOLLAH, Associated Press
Dimon, Buffett meet with asset managers Jamie Dimon and Warren Buffett met with asset managers to discuss best practices in the governance of U.S. companies. The FT reports.
Source: Financial Times
| By: Stephen Foley and Ben McLannahan
Where VCs are putting their money in 2016 It's not all gloom and doom for start-ups and their investors in 2016, says VC Sergio Monsalve. Here are his predictions.
| By: Sergio Monsalve, a partner at Norwest Venture Partners
Israel's CyberArk focused on growing independently - CEO TEL AVIV, Jan 27- CyberArk Software is focused on building its business independently, the chief executive of Israel's second-largest cyber security company said, two weeks after it was reported to be in talks to be acquired. Prior to the report, shares in CyberArk had fallen 50 percent from a high of $76.35 hit in June 2015. We're focussed on our opportunity, "CEO Udi...
| By: Tova Cohen
EMC qtrly revenue falls marginally Jan 27- Data storage products maker EMC Corp reported a marginal 0.5 percent fall in quarterly revenue due to lower sales in its traditional data-storage business and a strong dollar. Net income attributable to EMC fell to $771 million, or 39 cents per share, in the fourth quarter ended Dec. 31, from $1.15 billion, or 56 cents per share, a year earlier.
UPDATE 2-Software maker VMware to cut 800 jobs, sees weak 2016 Jan 26- VMware Inc forecast 2016 revenue and profit below analysts' expectations, citing weak bookings for its virtualization software in China, Russia and Brazil, and the company said it would cut about 800 jobs. The company, whose parent EMC Corp is being acquired by Dell Inc, also appointed EMC Chief Financial Officer Zane Rowe its finance chief, replacing...
| By: Sai Sachin R