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Cybercrime Botnet Chief Ordered To Prison In $100M Scheme

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A Russian cybercriminal was sentenced to eight years in prison for his role in a sophisticated Botnet conspiracy that caused estimated losses totaling more than $100 million, according to a Department of Justice (DOJ) statement on Tuesday (Nov.

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PNC Eyes Buying US Unit Of Spain's BBVA, Report Says

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arm of Spain-based BBVA for over $11 billion, which could be one of the largest bank acquisitions since the financial crisis over a decade ago, The Wall Street Journal (WSJ) reported, with the deal potentially announced as soon as Monday (Nov. BBVA bought Alabama's Compass Bancshares in 2007 and has around $100 billion in assets in the U.S.,

NOV 99
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Danske Bank Whistleblower: Major European Bank, U.S. Lenders Involved

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Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. According to a report in Reuters , Wilkinson, who was head of Danske Bank’s trading unit in the Baltics from 2007 to 2014, wouldn’t name the banks during the hearing. based lenders were involved.

NOV 65
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Alibaba Retail Exec: Chinese Consumers Spending More Amid Pandemic

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Shoppers in China are making up for lost time, throwing money at luxury goods and cosmetics amid the COVID-19 pandemic, according to a CNBC report on Tuesday (Nov. The annual invitation-only conference on Nov. Founded in 1998, the company went public in 2007 and listed on the Hong Kong Stock Exchange.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

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“The combined Bluefin/PAAY solution set is as close as we can get to a silver bullet in payment security for eCommerce transactions,” Ruston Miles , co-founder and chief strategy officer at Bluefin, said in a statement on Tuesday (Nov. Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites.

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eBay Agrees To Sell StubHub In $4.05B Deal

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In a deal announced Monday (Nov. eBay has owned StubHub as of 2007, at the time that it purchased the company for $310 million. 25) that values StubHub at approximately $4 billion, eBay Inc. has agreed to sell the ticketing business to Viagogo Entertainment Inc. billion to $4.5

NOV 64
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Judge Rules Apple Needs To Face Shareholder Lawsuit Over Cook’s China Claims

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District Judge Yvonne Gonzalez Rogers said in a decision on Thursday (Nov. The lowered forecast was the first one Apple reported since its 2007 launch in Cupertino, California, and shares fell 10 percent the next day, wiping out $74 billion in market value. 5) that the shareholders, led by a U.K.