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    Case involves Google's Android operating system. Google Inc. faces longer odds in convincing the Supreme Court to intervene in a copyright battle with Oracle Corp. (ORCL) after the Obama administration urged the justices not to hear the case. Oracle sued Google (GOOG) in 2010 and has sought more than $1 billion in damages, alleging Google's Android smartphone operating system infringed its copyrights on the Java platform, which it acquired from Sun Microsystems the same year.

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    Semiconductor maker Semtech Corp. (SMTC) reported fiscal first-quarter results that missed expectations, and provided a second-quarter outlook that was below current analyst projections, citing disappointing sales to a large customer. For the quarter ended April 26, company reported a net loss of $142,000, or breakeven on a per-share basis, compared with a loss of $15.4 million, or 23 cents a share, in the same period a year ago. Excluding non-recurring items, such as restructuring...

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    In the latest attack on the IRS, criminals went after something a lot more personal than money. Exploiting a weakness in the IRS’ Web site, they obtained a motherlode of taxpayer information, including income levels, children’s names, bank accounts and details about the specific tax credits people file for.Through the “Get Transcript” tool on the IRS Web site, about 200,000 attempts were made to steal taxpayers’ previous tax returns between February and mid-May. About half of those attempts were successful, giving criminals enough details to file fraudulent tax returns that look much more like one the taxpayer would file. That means the victims are facing a threat that may not haunt them just for this upcoming tax year but potentially for the rest of their lives.The attack shows that identity thieves are becoming more sophisticated in their efforts to gather information about taxpayers — and that the measures put in place by the IRS have not been sufficient to stop them. The IRS said it paid out $5.8 billion in fraudulent tax refunds last year, although it also said about 3 million suspicious tax returns were stopped at the door this year.[Read: Hackers stole personal information from 104,000 taxpayers, IRS says]So in the face of such an immense threat to people’s personal financial information, what are consumers to do?Security experts say nothing beats constant vigilance.The IRS said it would notify taxpayers by mail if it appeared that criminals downloaded, or attempted to download, their tax transcripts. Anyone whose files were accessed would be offered a year of credit-monitoring services by the agency. But given the serious nature of this breach, that length of time will hardly be enough.People should continually check their credit reports to make sure no loans or accounts have been fraudulently opened in their names. Consumers are allowed three free credit reports a year through AnnualCreditReport.com, one from each of the three major credit reporting bureaus — Equifax (EFX), TransUnion and Experian.Some of the bureaus offer services that let people check more frequently, and new federal rules will soon enable people who find errors to access their reports more frequently at no cost.Consumers can ask the bureaus to set up credit alerts, which notify them when someone tries to take out a loan in their name. Others who are more concerned may want to freeze their credit altogether, which would block all applications for mortgages, car loans, credit cards and other debt in their name.Some of the biggest headaches may come at tax time, when criminals may try to file fake tax returns with the information they stole from the IRS. This year, a wave of identity thieves filed fraudulent tax returns early in the tax season using a flaw in TurboTax’s online software in an attempt to grab people’s state and federal refunds. So it behooves taxpayers to try to file their returns as early as possible.Some of the identity theft victims from the latest IRS hack are being offered a secure PIN from the agency that they will need to use to file their returns going forward. The PINs, normally offered to people whose tax refunds have been stolen, are given to taxpayers after their identities have been verified.People who spot fraudulent tax returns or credit accounts can also file a complaint with the Federal Trade Commission and can submit a report with their local police departments, although finding results from those agencies can often be slow.It might also help to scale back some of the information shared on social media accounts. In a conference call with reporters Tuesday, IRS commissioner John Koskinen said criminals may have used sophisticated computer programs to compile personal information from across the Web and use that data to attempt multiple times to sign on to the IRS transcript tool.The IRS did not say when the tool, which was temporarily shut down, would be made available again. The struggle, Koskinen said, will be to add more security measures that will make it more difficult for fraudsters to break in without making it impossible for legitimate taxpayers.But despite such assurances from the IRS, it’s likely that the victims of this crime will be facing a long financial nightmare. Ultimately, higher powers may have to step in — such as those in Congress — to pressure the IRS to offer more help to the victims and build better security into every part of its Web site.Related:What to do if your tax refund is stolenHow tax sites can better protect customersA second blow for identity theft victims: Long waits from the IRS




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    In the latest attack on the IRS, criminals went after something a lot more personal than money. Exploiting a weakness in the IRS’ Web site, they obtained a motherlode of taxpayer information, including income levels, children’s names, bank accounts and details about the specific tax credits people file for.Through the “Get Transcript” tool on the IRS Web site, about 200,000 attempts were made to steal taxpayers’ previous tax returns between February and mid-May. About half of those attempts were successful, giving criminals enough details to file fraudulent tax returns that look much more like one the taxpayer would file. That means the victims are facing a threat that may not haunt them just for this upcoming tax year, but potentially for the rest of their lives.The attack shows that identity thieves are becoming more sophisticated in their efforts to gather information about taxpayers — and that the measures put in place by the IRS have not been sufficient to stop them. The IRS said it paid out $5.8 billion in fraudulent tax refunds last year, although it also said about 3 million suspicious tax returns were stopped at the door this year.[Read: How hackers stole personal information from 104,000 taxpayers, IRS says]So in the face of such an immense threat to people’s personal financial information, what are consumers to do?Security experts say nothing beats constant vigilance.The IRS said it would notify taxpayers by mail if it appeared that criminals downloaded, or attempted to download, their tax transcripts. Anyone whose files were accessed would be offered a year of credit monitoring services by the agency. But given the serious nature of this breach, that length of time will hardly be enough.People should continually check their credit reports to make sure no loans or accounts have been fraudulently opened in their names. Consumers are allowed three free credit reports a year through AnnualCreditReport.com, one from each of the three major credit reporting bureaus — Equifax (EFX), TransUnion and Experian.Some of the bureaus offer services that let people check more frequently, and new federal rules will soon enable people who find errors to access their reports more frequently at no cost.Consumers can ask the bureaus to set up credit alerts, which notify them when someone tries to take out a loan in their name. Others who are more concerned may want to freeze their credit altogether, which would block all applications for mortgages, car loans, credit cards and other debt in their name.Some of the biggest headaches may come at tax time, when criminals may try to file fake tax returns with the information they stole from the IRS. This year, a wave of identity thieves filed fraudulent tax returns early in the tax season using a flaw in TurboTax’s online software, in an attempt to grab people’s state and federal refunds. So it behooves taxpayers to try to file their returns as early as possible.Some of the identity theft victims from the latest IRS hack are being offered a secure PIN from the agency that they will need to use to file their returns going forward. The PINs, normally offered to people whose tax refunds have been stolen, are given to taxpayers after their identities have been verified.People who spot fraudulent tax returns or credit accounts can also file a complaint with the Federal Trade Commission and can submit a report with their local police departments, although finding results from those agencies can often be slow.It might also help to scale back some of the information shared on social media accounts. In a conference call with reporters on Tuesday, IRS commissioner John Koskinen said criminals may have used sophisticated computer programs to compile personal information from across the Web and use that data to attempt multiple times to sign on to the IRS transcript tool.The IRS did not say when the tool, which was temporarily shut down, would be made available again. The struggle, Koskinen said, will be to add more security measures that will make it more difficult for fraudsters to break in without making it impossible for legitimate taxpayers.But despite such assurances from the IRS, it’s likely that the victims of this crime will be facing a long financial nightmare. Ultimately, higher powers may have to step in — such as those in Congress — to pressure the IRS to offer more help to the victims and build better security into every part of its Web site.Related:What to do if your tax refund is stolenHow tax sites can better protect customers




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     For anyone following the tech industry, Mary Meeker's annual 'Internet Trends' report is required reading. Here are some of the most telling numbers and findings from the report: 1. The Internet is getting crowded, especially on mobile. Mobile Internet usage is up 11% year-over-year, with consumers spending three hours a day on the Internet on mobile devices.

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    Tesla Motors (TSLA)  Model S is a true luxury car, in every sense of the phrase. Starting at around $70,000 and running upward of $130,000 fully loaded, the Model S has everything you could possibly want in a car and more. Even getting into the car is a luxury experience, as the door handles are flush against the door until you come near it with a key.

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    Mary Meeker, an analyst at venture-capital firm Kleiner Perkins, has put out her long-awaited presentation on the state of the Internet for 2015, and it's another sweeping document filled with big thoughts and provocative analysis.  . 2015 Internet Trends Report from Kleiner Perkins Caufield & Byers

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    A leaked internal link has revealed more details about Walmart's plan to compete with Amazon Prime and create its own unlimited shipping program. Reports of the program first surfaced earlier this month courtesy of The Information's Amir Efrati, who learned of the project codenamed "Tahoe."

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    I finally got a chance to test drive and review the $133,320 red Tesla Model S P85D after the company unveiled it in September 2014. Every car has a theme song and this one almost punches you in the face it's so obvious -- the Superman theme song. The 17-inch dashboard is incredibly easy to use, almost to a fault.

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    Have you ever dreamed of having lunch with Warren Buffett? Starting this Sunday, eBay (EBAY) will open up the 16th annual Warren Buffett Power Lunch Auction, which sends one lucky winner to lunch with Berkshire Hathaway CEO Buffett, where they will be able to glean insights from one of the most successful investors.

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    Italian mobile phone operator Wind is about to sign a non-disclosure agreement with Metroweb shareholders which could be a prelude to buying a stake in the fibre optic network provider or simply end up as a commercial deal, two sources close to the matter told Reuters on Wednesday.

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    Germany started an auction of radio frequencies for mobile phone network operators, hoping to raise billions of euros to help improve a national broadband network that has fallen behind those of poorer countries such as Hungary, Portugal and Spain.

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    The following are mergers under. APPROVALS AND WITHDRAWALS. -- Private equity firm KKR to acquire negative control rights in online fantasy sports services FanDuel Ltd, which is jointly owned by Comcast (CMCSA), Pentech Fund II Ltd Partnership, Piton Capital Venture Fund, Scottish Enterprise and Shamrock Capital Growth Fund. -- Bermuda-based reinsurer ParterRe Ltd and Axis Capital Holdings Ltd to merge.

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    The following bids, mergers, acquisitions. ** Airbus Group may block an attempt by Japanese carrier ANA Holdings to become a key shareholder in Skymark Airlines, people familiar with the matter said, becoming the second major creditor in the failed discount airline to threaten ANA's participation in a revival bid.