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    NXP, set to become Europe's largest chipmaker after buying U.S.-based Freescale, booked an 89 percent rise in second-quarter net income driven by strong sales of payment chips, but forecast weak third-quarter growth in its auto unit. The Dutch company, formerly known as Philips Semiconductors, also said revenue for the fiscal second quarter ended July 5 rose 11.6 percent to $1.51 billion.

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    The cybersecurity industry and the government have been struggling over proposed export rules that researchers say could end up making the Internet less safe. And now the government says it will try again and give the public another chance to weigh in.Earlier this year, the Department of Commerce's Bureau of Industry and Security released a proposal for how to implement restrictions on exporting so-called "intrusion software" in order to comply with an international arms control agreement known as the Wassenaar Arrangement. The list of items covered by the agreement was updated in December of 2013 to include some surveillance and intelligence-gathering tools and the proposed rules were meant to ensure the U.S. meets its obligations under the pact.But the proposal drew criticism from big tech companies and independent researchers alike, who argued that they were too broad and would end up stymieing defensive cybersecurity research. Security professionals warned that licensing requirements in the proposed regulations could limit the use of so-called "penetration testing" -- tools designed to help researchers discover problems in computers systems or even make it more difficult for researchers to disclose vulnerabilities they uncover to software makers so they can be fixed.[It’s not just OPM: Cybersecurity across the federal government is pretty awful]"We believe that these proposed rules, as currently written, would have a significant negative impact on the open security research community," Google (GOOG) said on its security blog earlier this month. "They would also hamper our ability to defend ourselves, our users, and make the web safer. It would be a disastrous outcome if an export regulation intended to make people more secure resulted in billions of users across the globe becoming persistently less secure."The Commerce Department received more than 250 comments on the proposed regulation, with many groups raising concerns about the rules.In a recent interview on a cybersecurity podcast produced by the D.C. lawfirm Steptoe & Johnson, Deputy Secretary of Commerce Bruce Andrews hinted that the agency would be going back to the drawing board. "I think you will see a very strong effort to be responsive to those comments and to try to figure out what the next iteration of this is -- and frankly to give people another opportunity to comment."At a meeting Wednesday, representatives from the Department of Commerce told industry stakeholders that there would be a new version of the proposed rules incorporating industry feedback, as well as more time for the public and industry to weigh in, said attendee Jen Ellis, the head of communications for cybersecurity firm Rapid7.An official at the agency's Bureau of Industry and Security, who declined to be named because he is not the official media spokesperson, confirmed that it was working on a updated version of the rules and there would be a second comment period, but said it was unclear exactly when the new version would be ready. The initial round of comments closed on July 20th."They are doing a lot industry outreach -- which is overdue, but welcome," said Stewart Baker, a partner at Steptoe & Johnson, who hosts the cybersecurity podcast and is a former general counsel to the National Security Agency.Collin Anderson, an independent security researcher who has expressed concerns over the rules, said that the proposed regulations reflect the the difficulty of separating offensive and defensive uses of cybersecurity tools."I don't think that BIS was out to destroy the cybersecurity profession, it's just that this is not an issue where they have traditionally engaged," he told the Post in an interview. "They believed that vulnerability disclosure was a lot more clean cut process than it turns out to be."And because the actual international policy debate over the rules occurred some two years ago and the U.S was already committed to the agreement, the agency was put in a particularly tough spot, Anderson said.Now the good news, Baker said, is that the next version of the rules will likely have much more input from cybsecurity practitioners on the affect of the regulation. The bad news, he said, was that some in the industry now lack confidence the government will get it right on the second pass "since they made such a hash out of it the first time."






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    NXP Semiconductors NV (NXPI), set to become Europe's largest chipmaker once it closes its acquisition of U.S.-based Freescale, reported an 11.6 percent rise in quarterly revenue, helped by strong demand for its automotive electronics. Revenues rose to $ 1.51 billion in the fiscal second quarter ended July 5 from $ 1.35 billion a year earlier.

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    Yahoo (YHOO) on Wednesday announced the launch of a new social networking app called Livetext, a social app as defined by what it doesn't do as by what it does.The app lets users chat one-on-one while streaming video and sending text messages and emoji. There's no voice chat, no group chat and no option to share links to other media. You can't archive or record conversations within the app. Those were all design decisions to keep the app narrowly focused on personal interaction and in-the-moment conversation, Yahoo (YHOO) executives said.The combination of video and text makes it hard to compare it directly to any other popular messaging service out there. Think of it as a an update on the silent movie. Or, if you prefer, a live gif.Including audio chat can sometimes discourage people from firing up an app, said Adam Cahan, the company's senior vice president of video, design and emerging products. In a New York presentation streamed online Wednesday, Cahan said that Livetext is designed to be used for when you may not want to talk to someone -- maybe you're at work, in line somewhere or in a crowded place -- but you want to show off your surroundings. Cahan said Yahoo (YHOO) looks at Livetext as a complement to other messaging programs, and as a product that can carve out its own niche."People use lots of different kinds of communications tools," Cahan said. "And they're using them in lots of different kinds of ways."Cluttering up an app with too many features can be a big design mistake, said Arjun Sethi, Yahoo (YHOO) senior direct of product management and growth. Sethi came to Yahoo (YHOO) after his company, MessageMe, was acquired in October. Sethi said that MessageMe got a bit too bloated, and that his team took lessons from that app's development while building Livetext at Yahoo.Yahoo's (YHOO) mobile focus to date has been more about providing news, video and other information to users in a clean way, finding success with its weather and News Digest apps. Yet apart from its acquisition of the blogging platform Tumblr, Yahoo (YHOO) hasn't shown a lot of interest in creating its own social service.Cahan, however, said that a good portion of Yahoo's (YHOO) customers think of it as a place to go for communication services, and that Livetext was serving that audience.The app has been live in Hong Kong, Taiwan and Ireland and will start rolling out to five other countries, including the United States, on Thursday. It will be free and available on Android and iOS smartphones.






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    Yelp shaved off a quarter of its value Wednesday after cutting its revenue guidance and noting advertisers are shifting away from its digital display ads. Twitter tanked 14.5% to finish the session at $31.24.The micro-blogging site plunged after reporting its second-quarter results that beat analysts' estimates but revealed less than a 3% increase in monthly active users over the previous quarter.

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    Silicon Valley firms put $250 million into developer-focused site. Software is transforming industries from agriculture to automobiles. So it is fitting that the latest multibillion- dollar company in Silicon Valley is GitHub Inc., which says it hosts the largest community of software developers and projects on the Web.

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    France's Bpifrance public investment bank on Wednesday sold a 2 percent stake in French telecom operator Orange in a deal worth about 801 million euros. Bpifrance said it was selling about 53 million Orange shares via an accelerated private placement to institutional investors.

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    Call it audacious, but Amazon (AMZN)  is betting that consumers will be willing to pay $5 apiece for buttons that allow them to quickly order more stuff. On Wednesday, the Seattle-based company announced that Prime members will be able to purchase a Dash Button for $4.99, following a limited period where select Prime members were able to receive a button for free.

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    Microsoft (MSFT) rolled out Windows 10 Wednesday, making the new operating system available to the vast majority of the PC and Windows tablet universe. For those who were frustrated by Windows 8, this should be a welcome update. So how do you jump on board?First things first: You should figure out if you can upgrade and how much it's going to cost.Most Windows-based PCs out there should be able to upgrade, but not all of them will be able to do so for free. If you're still among the portion of the Microsoft-using world that uses Windows Vista or Windows XP, you'll have to buy the new system for $119. If you're working with a computer that's running one of those systems, chances are that it's also probably pretty old. Microsoft (MSFT) has some technical specification requirements on its Web site that you should check out if you fall into this category.[Microsoft (MSFT) makes amends for past mistakes with Windows 10]Windows users who are already running Windows 7 and Windows 8.1 should be eligible for a free upgrade for the next year -- so you can wait to install if you want, but don't wait forever. Those folks should be able to download the new system for free straight from their desktop, via the "Get Windows 10" app that will appear in the lower-right corner of their screen. Follow the instructions in that app and you should be good to go.If you don't have the "Get Windows" app or haven't gotten any notification about upgrading, don't worry. Microsoft (MSFT) is rolling out the upgrade in phases, since having everyone downloading a system at the same time could be overwhelming for its systems. But if you want to make sure you're going to get one down the line, check to make sure that your computer is set to get automatic updates.To do that, you should head to your settings menu and click on the section that refers to updates -- "Windows Update" in Windows 7 or "Update and recovery" in Windows 8.1 -- to turn on the option to receive important updates.For those who really want a hard copy of the update, or those who may be looking to install Windows 10 on a newly built PC, Microsoft (MSFT) is offering some of those in retail stores. Users who want a little extra help installing will also be able to visit retailers such as Best Buy (BBY), which are running promotions to help people install Windows 10.It's always a good idea to backup important files before you start installing any new system, so be sure to get those key documents, photos or other files onto an external drive or into the cloud before you hit the "Install" button. People are reporting that upgrading takes anywhere between 20 minutes to an hour, so go ahead and grab a snack while you wait.After Windows 10, Microsoft (MSFT) is going to change the way it updates its operating system, making smaller, more frequent updates rather than letting a couple of years go by between major releases. So, in theory, you won't have to ever do this sort of thing again; future updates should just come to your computer automatically.






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    A peso bond from Mexico's Telesites had the market's full attention on Wednesday, injecting some life into the region's moribund primary markets. The cell tower spinoff of telco America Movil is poised to raise its targeted Ps15bn after launching a Ps3.5bn 10-year at Mbonos plus 190bp, a Ps4.5bn floater at TIIE plus 50bp, and an inflation-linked 15-year at 155bp over the government Udibono curve.

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    Telecom Italia will offer TV series and movies from Netflix (NFLX) to its clients after a deal the Italian phone group said would help spur demand for faster Internet in the euro zone's No. 3 economy.

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     Media ratings company Nielsen  is enjoying its biggest two-day climb in over a year and a half, gaining over 7.6% after its second-quarter earnings beat Wall Street expectations.The jump is a something of a pick-me-up for Nielsen, which has been criticized by many of the world's largest media companies and advertisers for allegedly being slow or incapable of capturing audience growth on digita...

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     T-Mobile is scheduled to announce its earnings results for the second quarter of 2015 before the market open on Thursday. Analysts are expecting a year-over-year decrease in earnings per share, but a year-over-year increase in revenue for the 2015 second quarter. T-Mobile has been forecast to post earnings of 18 cents per share on revenue of $7.94 billion for the second quarter of 2015.

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    Software developer Citrix Systems (CTXS) late Tuesday reached a settlement with activist hedge fund Elliott Management's Paul Singer in a deal that includes bringing on a dissident board member, removing its longtime CEO, and potentially selling off a key unit. As part of the deal, Citrix's (CTXS) chief executive, Mark Templeton, announced he will retire after 14 years at the helm.