Technology

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CORRECTED-UPDATE 2-U.S. undercover investigators among those exposed in data breach

(Removes inaccurate statement in penultimate paragraph saying USIS could not be reached. A representative for the company declined comment.)

7:46pm IST

UPDATE 3-Obama tech policy maven moves to Silicon Valley role

WASHINGTON, D.C./SAN FRANCISCO, Aug 22 - Todd Park, President Barack Obama's chief technology officer who played a role in fixing the flawed Healthcare.gov website, is moving to a new job recruiting top Silicon Valley talent to government, a source familiar with the situation said on Friday.

6:15am IST

Amazon developing own online advertising software -WSJ

Aug 22 - Amazon Inc is planning to develop its own software for placing advertisements online, The Wall Street Journal reported, citing people with knowledge of the matter.

5:28am IST

UPDATE 2-Tech chief during Healthcare.gov rollout leaves White House -source

WASHINGTON, D.C./SAN FRANCISCO, Aug 22 - The U.S. chief technology officer at the time of the troubled rollout of Healthcare.gov is stepping down and moving into a new role recruiting top Silicon Valley talent to government, a source familiar with the situation said on Friday.

4:44am IST

UPDATE 2-U.S. undercover investigators among those exposed in data breach

(Adds details from notification letter; new byline, dateline)

3:12am IST
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SEBI orders PACL to return $8.1 billion raised from investment scheme

MUMBAI - The Securities and Exchange Board of India (SEBI), India's capital markets regulator, has ordered property developer PACL Ltd to return at least $8.1 billion raised from retail investors after finding the company had failed to register its land investment scheme.