Tag Archive for: Second

Microsoft’s second round of layoffs: 2,100 jobs cut, Silicon Valley lab closed

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Microsoft has made its next set of layoffs, continuing the downsizing announced in July. Some 2,100 jobs have been cut worldwide, with 747 of those in the company’s home state of Washington.

CEO Satya Nadella plans to shrink the company by about 18,000 people overall, with 12,500 of these coming from the 25,000 staff that came with the newly acquired Nokia handset business. In the first round of cuts in July, 13,000 jobs were lost. With today’s cuts, that leaves another 2,900 positions that Microsoft wants to eliminate.

One victim is Microsoft Research’s Silicon Valley lab, reports Mary Jo Foley at ZDNet. The lab, which focused on distributed computing and large-scale systems, will be closing on Friday. Microsoft has said that some researchers will be offered positions at other labs.

Read on Ars Technica | Comments


Ars Technica » Technology Lab

Second Chinese military unit linked to hacking – CNNMoney

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CNNMoney

Second Chinese military unit linked to hacking
CNNMoney
The report comes just weeks after the U.S. Department of Justice accused five members of the Chinese military of hacking into American companies, a dramatic escalation of U.S. government efforts to combat state-sponsored corporate espionage.
Second Chinese army unit linked to corporate cyber-espionageInfoWorld
Second Chinese cyber-espionage unit caught red-handedThe Australian

all 67 news articles »

Espionage China – read more

Craft store Michaels faces second credit card compromise in 3 years

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The largest craft supply store in North America, Michaels, has indicated it may be the latest retail company to have credit cards compromised in a large scale malware attack.
Naked Security – Sophos

Hackers give Microsoft a second black eye, vow to deliver digital dirt on spying

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Since there’s very little to say about the first Patch Tuesday of 2014, only four bulletins issued and no security updates marked as critical, then let’s look at a security story fueled by a big hate for Microsoft’s alleged surveillance.
Ms. Smith’s blog