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Report says California targeted by cyber-gangs PDF  | Print |  E-mail
Written by DON THOMPSON, Associated Press   
Thursday, 20 March 2014 06:00

SACRAMENTO, Calif. (AP) — International criminal enterprises follow the money, and a report being released Thursday says they are increasingly focusing on California because of its wealth and innovation.

Aside from long-time trafficking in drugs, guns and people, the report by California Attorney General Kamala Harris says criminals are turning to cybercrime to target businesses and financial institutions.

It calls California the top target in the U.S. for organizations that often operate from safe havens in Eastern Europe, Africa and China.

"California is a global leader on a number of fronts and, unfortunately, transnational criminal activity is one of them," the report states.

Harris said it is the first comprehensive report to outline the effects international criminal organizations are having on Californians and businesses in the state. She is set to formally release the 181-page report during a late-morning news conference with other law enforcement officials in Los Angeles, but an early copy was provided to The Associated Press.

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'Last of Us' wins big at Game Developers Awards PDF  | Print |  E-mail
Written by DERRIK J. LANG, AP Entertainment Writer   
Thursday, 20 March 2014 05:12

SAN FRANCISCO (AP) — "The Last of Us" won the top honor at the Game Developers Choice Awards.

The gripping post-apocalyptic survival saga created by developer Naughty Dog for the PlayStation 3 picked up the game of the year trophy Wednesday at the 14th annual ceremony. "The Last of Us" also won the awards for best design and narrative.

"I can't stress what a collaboration it is to put something like this together," said creative director Neil Druckmann, who was joined on stage at the Moscone Center by dozens of "Last of Us" developers. "This is just a sampling of Naughty Dogs, but there's another 200 people slaving away back at the office — and outsourced people and actors and composers and just so many people that brought this to life."

Irrational Games' slick sky-high shooter "BioShock Infinite" nabbed the awards for best audio and visual art, while Lucas Pope's quirky 8-bit immigration agent simulator "Papers, Please" captured both the innovation award and best downloadable game trophy.

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Toyota payment could be glimpse into GM's future PDF  | Print |  E-mail
Written by TOM KRISHER, AP Auto Writer   
Thursday, 20 March 2014 05:59

DETROIT (AP) — General Motors, beware.

Wednesday's announcement that Toyota will pay $1.2 billion to avoid criminal prosecution for hiding information in a recall case could be a glimpse into your future. It's also a warning to anyone selling cars in the U.S.: Although the federal government's road-safety watchdog doesn't have big fangs, the Justice Department does.

The National Highway Traffic Safety Administration's maximum fine for hiding information is $35 million, a pittance to automakers. But the Justice Department can reach deeper into your wallet and hurt your reputation with damning public statements.

Shortly after the announcement, Attorney General Eric Holder issued an apparent warning to GM and other automakers, saying the Toyota deal was "not necessarily the only time we will use this approach."

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Feds: Inside info exchanged on napkins, then eaten PDF  | Print |  E-mail
Written by Associated Press   
Wednesday, 19 March 2014 15:12

NEWARK, N.J. (AP) — Federal prosecutors in New Jersey have accused the managing clerk of a New York City law firm and a stock broker of netting nearly $6 million through an insider trading scheme.

FBI agents on Wednesday arrested 40-year-old Steven Metro of Katonah, N.Y., and 42-year-old Vladimir Eydelman of Colts Neck, N.J. Both are charged with conspiracy to commit securities fraud, securities fraud and tender offer fraud.

Federal authorities allege Metro stole insider information from the law offices of Simpson Thacher & Bartlett and passed it on to a friend, who became a cooperating witness. Authorities say the friend would then divulge the information to Eydelman, who worked at Oppenheimer and Morgan Stanley.

Prosecutors say the scheme began in 2009.

An initial court appearance is set for Wednesday afternoon.


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