Facebook and Yelp Quit ALEC, Following Lead of Google and Amazon

Facebook and Yelp have announced their withdrawal from the conservative lobby group American Legislative Exchange Council (ALEC), according to the National Journal.

PayPal Partners with Bitcoin Processors

PayPal has formed partnerships with Bitcoin payment processors BitPay, Coinbase and GoCoin to support merchants in handling Bitcoin transactions, the company said in a blog post.

Google Faces Fine for Unfair Competition, EU Warns

Google could pay a record multi-billion-dollar fine for violating EU competition rules with respect to rival search engines, according to BBC.com.

Boeing to Open Cyber Security Center in Asia

Boeing plans to open a cyber-security center in Singapore to train and gear up cyber professionals in the region, according to V3.

Outdated Vulnerable Browsers Discouraged by Google

Google has started to discourage the use of outdated and vulnerable browsers by displaying older versions of its search engine, according to the BBC.

Google Patches 50 Security Flaws in Chrome Browser

Google has patched 50 severe security flaws in the Chrome browser, including a remote code execution, according to an announcement.

John Kerry and Hillary Clinton `Accidentally’ Intercepted by German Intelligence

John Kerry and Hillary Clinton have had their phone conversations "accidentally" intercepted by the German intelligence service, the Bundesnachrichtdienst (BND), according to The Register.

Synolocker Hits Chinese Medicine University; 10,000 Records Encrypted

The Chinese Medicine University has been infected with the Synolocker malware that's affecting Synology network access storage devices, according to Softpedia News.

Google Rewards HTTPS Web Sites with Higher Search Rankings

Google will reward all HTTPS web sites with higher search rankings in an effort to strengthen security, according to a blog post by the company

Researcher Claims to Bypass PayPal’s Two-Factor Authentication

Australian security researcher Joshua Rogers says he has found a way to infiltrate PayPal accounts in spite of the two-factor authentication security feature, according to PC World.

6 Out of 10 IoT Devices Suffer Security Vulnerabilities, HP Study Shows

Ten of the most popular IoT devices have been discovered to include “an alarmingly high average number of 50-60 vulnerabilities per device”, according to an HP research.

Black Hat 2014: Money-Mining Botnet on Free Trial/Freemium Cloud Apps

Security researchers, Rob Ragan and Oscar Salazar plan to reveal how they can create a money-mining botnet using free trial and freemium cloud applications, according to Wired.

eBay Faces Class Action Lawsuit Over Security Breach

eBay company is facing a class action lawsuit over a data breach in May this year, on the grounds that the company failed to ensure the protection of the identity of all its customers, according to PCWorld.

Vice.com and the Wall Street Journal Supposedly Hacked for One Bitcoin

The Wall Street Journal and entertainment site Vice.com sites were hacked and the Russians who did it posted screenshots of their user databases on Twitter, according to SC Magazine.

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