Few Chinese hacker teams drive most data theft, experts say
U S cybersecurity analysts identify as few as 12 Chinese groups behind the bulk of China based cyberattacks on U S companies and government agencies. The operations steal billions in intellectual property and data, with distinct signatures allowing attribution to specific teams.
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San Francisco Sets Nation's Highest Minimum Wage at $10.24
SF becomes first U S city to top ten dollar minimum wage with lowest paid workers earning $10.24 an hour. David Frias who holds two jobs sees a psychological boost and more money to cover bills in the costly city. The 2003 proposition requires annual increases tied to inflation and living costs.
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David Frias
America
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Frias
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Justice AT&T Antitrust Trial Delayed Reuters
AT&T and the Justice Department agreed to postpone their antitrust trial over ATTs planned 39 billion acquisition of TMobile USA. A January 18 hearing will decide the deals fate as government opposition grows and analysts doubt the merger will go through.
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Ellen Segal Huvelle
Nets owner Prokhorov to challenge Putin in Russia election
Mikhail Prokhorov, billionaire owner of the New Jersey Nets, announces he will run against Vladimir Putin in March elections. Prokhorov cites a wake up of society amid nationwide protests over alleged vote fraud and United Russia’s losses.
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Protests Halt Operations at West Coast Ports
Hundreds of Occupy protesters blocked gates at Oakland Portland and Longview terminals causing partial shutdowns. Demonstrators from California to Vancouver carried signs and beat drums while a few arrests were reported and officials deemed conditions unsafe for workers.
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Cameron speaks in Commons on Britain’s direction
British Prime Minister David Cameron addresses the House of Commons in London on Monday. The speech outlines government priorities and responses to ongoing debates about policy and national direction.
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Euro pact faces U.K. hurdle amid debt crisis doubts
London reports rising doubts on Europe’s debt rescue plan as Britain balks at joining a budget watchdog pact. Moody’s and Fitch say the move fails to lower existing debt while markets push euro below 1.32. Italy sees nationwide protests as Cameron defends stance in Parliament.
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Iran recovers data from U S drone in high stakes stand off
Iran says its experts near completing data extraction from the U S RQ-170 Sentinel captured by Iran. State TV frames the event as a strategic victory for Tehran and a setback for Washington. Iran’s Revolutionary Guard warns it will not return the drone. Parliament member says extracted data will fuel a U S lawsuit over the “invasion” by the aircraft.
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