Tag Archives: legal issues

Yahoo’s Planned Spinoff of Alibaba Stake Hits IRS Snag: Report

The Internal Revenue Service (IRS) has declined to issue a ruling on the tax implications of Yahoo spinning off its portion of Alibaba, according to a filing with Securities and Exchange Commission (SEC). Spotted first by Quartz, the filing details a process which may not stop an eventual spinoff, but at least delays it. Continue reading

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Arrests Made in Dridex, Citadel Malware Investigations

Long-term investigations into bank hacks and sophisticated cyber crimes may be yielding results, as criminals behind the “Dridex” bank hack Trojan and Citadel malware may now be in police custody. Continue reading

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AWS, GoDaddy Named in Ashley Madison Lawsuit

A lawsuit has been filed against Amazon Web Services (AWS) and GoDaddy by three anonymous plaintiffs for hosting websites that reproduced the user data stolen from Ashley Madison. The suit seeks $3 million in damages, and also names 20 other defendants, three of whom operated sites which sold the leaked user data. Continue reading

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Appeals Court Allows NSA to Collect Bulk Phone Metadata

The National Security Agency (NSA) may continue to collect phone records, according to a decision by an appeals court on Friday, at least until the end of November when a new law goes into effect. Continue reading

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Former FireEye Intern Pleads Guilty in Dendroid Malware Case

A Carnegie Mellon University student and former FireEye intern pleaded guilty on Tuesday to designing the “Dendroid” malware and attempting to sell it on the recently-busted Darkode. Continue reading

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