Germany arrests two Dutch suspected of cyber crime bank heist
FRANKFURT - German prosecutors said on Friday they had arrested two Dutch people suspected of involvement in a global cyber theft of $45 million from two Middle Eastern banks.
Found 1 week ago on channel Reuters
Germany Fines Google Over Street View - But Says €145k Is Too Small
judgecorp writes "Germany's privacy regulator has fined Google €145,000 over its Street View cars' harvesting of private data — but the official has complained that the size of the fine is too small, because of limits to the fines regulators can impose. German data protection commissioner Johannes Caspar said the fine was too low, for 'one of the largest known data breachers ever,' saying, 'as long as privacy violations can be punished only at discount prices, enforcement of data protection law in the digital world with its high abuse potential is hardly possible.' In 2010 it emerged that Google's Street View cars captured personal data from Wi-Fi networks as well as taking pictures — since then regulators have imposed a series of fines — the largest being $7 million reportedly paid to settle a U.S. government probe."
Amazon Nears Debut of Original TV Shows
First time accepted submitter bakerharis writes with an article about Amazon's attempt to break into creating conventional television style episodic shows, but with a different model from the manistream media companies. "Amazon's foray into TV production is unique in the way it saves money. Every spring, traditional TV networks like ABC, NBC, CBS and Fox order dozens of pilots and show them to focus groups. Executives pick just a handful to make into series. Then, they commission 13 episodes of each promising show, with each one potentially costing a few million dollars. Many episodes won't ever air if the first few don't attract big audiences." Amazon, instead, has created 14 pilot shows, and is letting a cross section of customers in the U.S., UK, and Germany react to them to see which shows might be worth making more of.
Chinese Gaming Publisher Yodo1 Raises $5M In Round Led By Singapore's SingTel Innov8
Yodo1, a Beijing-based company that works intensively with Western game developers to bring their titles to the Chinese market, raised $5 million from SingTel Innov8, the corporate venture arm of a mobile carrier. An earlier investor, Chinese online game maker Chang You, also participated in the round. Yodo1 has a co-production model where they actually get access to the code base of a Western developers’ game. They modify the graphics, virtual goods and music for local Chinese tastes. An example CEO Henry Fong points to is Ski Safari, a game from Brisbane, Australia’s Defiant Development. In the platformer title, a character races up and down ski slopes (kind of like last year’s indie hit Tiny Wings out of Germany). For the Chinese version, they made the architecture of the houses in the background more Chinese, added a zither to the music and put in terra cotta warrior outfits. “We’re a full blown co-production team,” Fong said in an interview a few weeks ago at San Francisco’s ...
Carpooling Marketplace BlaBlaCar Reaches 3 Million Members, Rides Into Germany
Well, it looks like the carpooling race in Europe continues. BlaBlaCar, the European carpooling marketplace and competitor to Carpooling.com, has announced that it's reached the milestone of 3 million members, almost double from this time last year. It's also expanding to Germany, giving testimony to being a truly pan-European player.