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Philippine ex-bank manager out on bail in case linked to cyber heist

August 18, 2016 by · Leave a Comment 

A Philippine court on Thursday released on bail a former branch manager of a Manila bank in a perjury case linked to the world's largest known cyber bank heist, police said. Unknown criminals tried to steal nearly $1 billion from the Bangladesh central bank account at the Federal Reserve Bank of New York in February and succeeded in transferring …

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Philippine ex-bank manager out on bail in case linked to cyber heist

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As technology shifts more layoffs loom at tech companies

August 18, 2016 by · Leave a Comment 

By Malathi Nayak and Deborah M. Todd NEW YORK (Reuters) – Cisco Systems Inc's announcement on Wednesday that it plans to lay off 5,500 employees is unlikely to be the last round of Silicon Valley pink slips as hardware companies struggle to keep up with rapid technology shifts, analysts and recruiters said. The…

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As technology shifts more layoffs loom at tech companies

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U.S. sues to block Halliburton-Baker Hughes deal, says anti-competitive

April 6, 2016 by · Leave a Comment 

By Diane Bartz and Terry Wade WASHINGTON/HOUSTON (Reuters) – The U.S. government filed a lawsuit on Wednesday to stop Halliburton Co from buying Baker Hughes Inc , arguing the combination of the No. 2 and No. 3 oil services…

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U.S. sues to block Halliburton-Baker Hughes deal, says anti-competitive