Canadian charged in 'Heartbleed' attack on tax agency

OTTAWA, April 16 - Canadian police have arrested a 19-year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from a government website, the Royal Canadian Mounted Police (RCMP) said on Wednesday.

12:13am IST

UPDATE 2-Mexican mobile phone operator sues IBM for $2.5 billion

NEW YORK, April 16 - Mexican mobile phone operator Iusacell SA de CV sued IBM Corp on Wednesday, accusing the U.S. technology giant of making fraudulent representations that caused it to lose $2.5 billion in profits.

12:08am IST

UPDATE 1-Wall Street regulator to consider mandating broker background checks

WASHINGTON, April 16 - Wall Street's self-funded regulator said on Wednesday it will consider proposing mandatory background checks for brokers after critics pointed to gaps in disclosures by some with checkered histories.

12:03am IST

IBM says Mexico's Iusacell sued to avoid complying with contract

April 16 - IBM Corp on Wednesday blasted a lawsuit filed by Mexican mobile phone operator Iusacell against the U.S. technology company as a "transparent attempt" to avoid complying with contractual obligations.

16 Apr 2014

UPDATE 1-AT&T may sit out auction if FCC spectrum plan is adopted

WASHINGTON, April 16 - AT&T Inc might sit out a major U.S. auction of airwaves if regulators adopt rules that reserve some of the spectrum for smaller rivals, the No. 2 wireless company said in a filing released on Wednesday.

16 Apr 2014
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TCS net profit rises 51.5 percent, sees stronger sales growth

MUMBAI - Tata Consultancy Services Ltd , India's largest IT services exporter, expects a further rise in revenue growth in the new financial year, it said on Wednesday, after reporting a better than expected 51.5 percent increase in the last three months.