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By Swati Pandey and Harichandan Arakali MUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation. Global banks that ship work to be processed in India, either in-house or to big IT services vendors, were already under pressure to step up oversight of back-office functions after a series of scandals last year. Last week, U.S. ...

The tech giant is slapped with a lawsuit, which alleges it knowingly sold iPhone 4 smartphones with power buttons that broke shortly after the 1-year warranty expired.

By David Ingram and Tabassum Zakaria WASHINGTON (Reuters) - U.S. Attorney General Eric Holder said on Tuesday he did not make the controversial decision to secretly seize telephone records of the Associated Press but defended his department's actions in the investigation of what he called a "very, very serious leak." The decision to seek phone records of one of the world's largest news-gathering organizations was made by Deputy Attorney General Jim Cole, Holder said. ...

By Jessica Dye NEW YORK (Reuters) - A seventh defendant pleaded not guilty on Tuesday to charges he participated in a global ATM heist that stole $45 million from two Middle East banks. Elvis Rodriguez, 24, was accused of being a member of a "casher" crew that withdrew hundreds of thousands of dollars in New York as part of the heist. Six other members of the New York crew pleaded not guilty last week. An eighth person, Alberto Lajud-Pena, 23, described by prosecutors as the leader of the crew, was murdered in the Dominican Republic on April 27, police there said. U.S. ...

Swedish photographer Paul Hansen is fighting back against claims—from hackers calling his work a composite, bloggers calling it a "fake," and still others questioning the meaning of news photography in a digital age—that his winning image for the "World Press Photo of the Year" contest is nothing but a computer-aided forgery. Even the World Press judges are doing some forensic second-guessing.

The auction for a coffee meeting with Apple's CEO Tim Cook sells for $610,000, tying it for highest at a charity auction site.

Go galactic with the newest addition to Bing Translator, an automated Klingon translation service that has you covered whether you're translating tribbles (yIHmey) or "Star Trek" (Hov trek).

The electronics giant has been granted dozens of U.S. patents, including one related to acoustic sensors in the housing of a device that will allow it interpret scratches differently from taps and other actions.

That's just in the U.S., but it's a far cry from the 205,000 Xbox 360 units Michael Pachter believes Microsoft sold.

By Ethan Bilby BRUSSELS (Reuters) - The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE Corp over illegal subsidies, people close to the matter said. EU trade chief Karel De Gucht is set to win support from the bloc's executive on Wednesday to send the warning letter and show China's new president, Xi Jinping, that Brussels is serious about countering what it says is state support. ...

Software tweak prompts verbose inquirers to choose their words wisely.

When BlackBerry really began its tailspin in the summer of 2011, the reason was clear. Handsets in the new Bold lineup were too expensive for emerging markets and the cheap Curve phones were suddenly slammed by cheap Android competition. BlackBerry has known for years that its real problem is pricing. It was the Latin American demand shift for low-end Android phones that broke the company’s back two years ago. This is why it’s so puzzling that BlackBerry had chosen to kick off its comeback with two very expensive devices, the Z10 and the Q10. This in turn means that the vendor’s first budget device, the Q5, is absolutely crucial for BlackBerry’s future. BlackBerry has refused to address the changing smartphone pricing

The company says that it has evaluated Samsung's handset and has found it to be in violation of its patents.

Original comedy telly and sex-talking celebs coming to the Purple Palace

Yahoo! is taking a leaf out of Netflix and Amazon's books and beefing up its media offerings with six original TV shows, including one about a bite-sized private detective. It has also partnered up with pro-wrestling outfit WWE in a bid to lure in internet TV watchers.…

Hackers have painted a bullseye on hacks' heads, chat site warns

Twitter has warned news agencies that hackers could strike again unless journalists take basic precautions - like using a decent password.…

'World's most hi-res' 6.8" technobook unzipped

Pics Kobo gathered the great and the good from publishing and distribution in London yesterday to launch its new high-res e-ink reader, the Aura HD.…

Troubled company dispatches SDN lifeboat named Nuage Networks

Alcatel-Lucent subsidiary Nuage Networks has leaped into the crowded money-pit of software-defined networking (SDN) with a technology suite designed for carriers and large enterprises.…

Skeptical SDN punters unlikely to start paying en masse till 2014

Software-defined networking startup Midokura has raised $17.3m to help it hunt a rarely seen creature: a punter who actually pays for SDN.…

Shiny stackable OpenFlow and hybrid wired/wireless switches

Wireless networks are becoming as important as wired ones for companies, and if you want to manage both and provide both wireless and wired functionality, it makes sense to mash up a hybrid switch that has physical and ethereal ports and is all managed by the same software stack. If you can slap a "software-defined networking" label on it and say "cloud" and "BYOD" a few dozen times, then the marketeers are happy. And that is precisely what HP's Networking division is doing.…

But Arista bloodhounds are hot on its heels - analyst

Fibre Channel networking probester Virtual Instruments is going to expand into Ethernet-based file network probing and analysis, according to the 451 analysis group. The analysts also reckon an IPO is coming but said that Ethernet switching speed freak Arista is set on entering Ethernet network analysis too, giving VI real competition in the Ethernet space.…

And hints at integrated networking on future CPUs

As Joe Yaworski, fabric product marketing manager at Intel, put it to El Reg, the next frontier of system innovation will be in fabrics. As we see it, that frontier may also be the front line of the InfiniBand war between Mellanox and Intel – with one upcoming battle being the former's 56Gb/sec interconnects versus Intel's new QDR-80.…

Larry takes on Cisco, Huawei, Alcatel-Lucent, and others

If Oracle sees a good idea and a pile of money sitting underneath it, and that idea is adjacent to something Oracle is already doing, then cofounder and CEO Larry Ellison gets out a bigger pile of money and pounces. And that is precisely what Oracle has done with its first big deal of 2013 as it snaps up unified communications software maker Acme Packets for $2.1bn.…

Other tweaks, SDN promises, and a VPN tunnel for control freaking public clouds

Cisco has vowed to push 40GE Ethernet switches into the mainstream while also improving its 10GE/40GE Nexus boxes.…

High-tech job growth isn't confined to the coasts: From Waco, Texas, to Bloomington, Indiana, pockets of ingenuity are everywhere.

It's no secret the Sprint, the nation's third-largest mobile service provider, opposes AT&T's proposed $39 billion takeover of T-Mobile. Earlier this month Sprint's CEO testified before Congress that the deal could do "irreparable harm" to consumers. Now, Sprint has formally registered its objections with the Federal Communications Commission, which is scrutinizing the deal along with the Justice Department.

Apple has revealed the name of its upcoming online media service: iCloud. But don't let the cute branding fool you. The company has tried this service before, and the iCloud re-branding signals a do-over on one of Apple's greatest failures.

Google will announce a new mobile payments system on Thursday, according to Bloomberg, adding greater urgency to the all-out arms-race taking place in the point-of-sale digital money space. The announcement will include news of a partnership with Sprint to roll out a mobile-payments system based on Near Field Communication, or NFC, technology.

A Verizon executive says it’s all but inevitable that the company will eventually offer data plans that family members can share among multiple devices.

Electronic point-of-sale mobile payments at retail locations aren't quite ready for prime time -- but they're getting closer. The latest heavy hitter to enter the fray is Visa, the ubiquitous financial services company, who has announced plans for a digital wallet based on Near Field Communication, or NFC, technology.

Google's beta testers of its new Chromebooks for schools and businesses sang the praises of the web-centric devices Wednesday. It's not a song Microsoft will like.

The AT&T and T-Mobile show rolled into Washington, D.C., Wednesday for a Senate hearing on Capital Hill and, suffice it to say, there were diverging views of how the proposed $39 billion buyout would affect the national wireless market, as well as consumers and startups.

NEW YORK -- Mayor Michael R. Bloomberg unveiled the nation's first comprehensive, geographically targeted emergency notification system for mobile phones on Tuesday, declaring the launch to be a "quantum leap forward in using technology to help keep people safe."

Trust us. We're not going to screw up Skype. That was the message Microsoft delivered Tuesday, hours after formally announcing that it was buying the internet telephony pioneer for a staggering $8.5 billion.