Lawmakers take steps to tackle pension reform
The General Assembly is in special session today to form a conference committee of lawmakers who will try to come up with a way to break a stalemate on government worker pension reform.
Warm Notes in Berlin for Obama and Merkel
President Obama and Chancellor Angela Merkel of Germany showed an easy familiarity with one another during a news conference at the Chancellery and later at the Brandenburg Gate.
Microsoft Launches Security Bounty Program, Will Pay Up To $100K For Exploits
Microsoft has long resisted this move, but starting June 26 — the date the Windows 8.1 preview will ship — it will finally launch its own security bounty program. The company will offer bounties up to $100,000 for “truly novel exploitation techniques” that expose security issues in Windows 8.1 Preview. It will also pay up to $11,000 for Internet Explorer 11 vulnerabilities and up to $50,000 for “defensive ideas that accompany a qualifying Mitigation Bypass submission.” Microsoft says it made this shift to bounty programs “in order to learn about these issues earlier and to increase the win-win between Microsoft’s customers and the security researcher community.” It’s worth noting that the IE 11 Preview program will only be open for 30 days after the launch of Windows 8.1 Preview. This makes sense, though. The IE 11 bounty, Microsoft says, is mostly meant to “fill a gap in the vulnerability marketplace to the benefit of researchers, Microsoft engineers and our customers.” ...
The Case For And Against Candy Crush-Maker King's Possible IPO
Zynga cast a long shadow when its stock tanked by about 75 percent in the first year after going public. But that apparently isn’t scaring off other contenders in the gaming industry from an IPO. Over the past two weeks, I had heard from several sources in the industry that King — the maker of mega-hit Candy Crush Saga — had changed its internal thinking around an IPO. The astounding success of Candy Crush blew through all of the company’s 2013 financial targets in a single month, the company’s CEO Riccardo Zacconi told me back in March at the Game Developers Conference back in San Francisco. Candy Crush has done so well on virtual currency transactions that they’ve even stopped doing advertising. Then The Wall Street Journal reported this week that the company had hired J.P. Morgan Chase & Co., Credit Suisse Group AG, and Bank of America Corp. to handle an IPO. It definitely isn’t the first time they’ve thought seriously about this. In early 2012, the company had restructured ...
G8 urges Syria peace talks as fighting flares in north
ENNISKILLEN, Northern Ireland/BEIRUT - Differences between Russia and the West mean an international peace conference on Syria is now unlikely before August, a source at a meeting of Group of Eight leaders said on Tuesday as surging government forces brought heavy fighting to Aleppo.