Former U.S. National Security Agency contractor Edward Snowden succeeded where President Barack Obama couldn’t -- getting Microsoft Corp., Google Inc. and Yahoo! Inc. to upgrade computer security against hackers.
Thanks to ever-improving technology for intercepting phone calls and text messages, it’s getting easier for U.S. companies’ competitors, both foreign and domestic, to engage in corporate espionage through remote wiretapping. Such activity, which has been widespread in India for years, could be thwarted if U.S. wireless carriers would upgrade their network infrastructure and encryption practices.
One day I hope some young turk's lawsuit complaining about an unpaid internship makes it all the way to the U.S. Supreme Court, because there it would put a spotlight on a great irony: The Supreme Court has unpaid interns, too.
Senator Rand Paul, a Republican from Kentucky, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he expects Federal Reserve Vice Chairman Janet Yellen to win U.S. Senate confirmation to succeed Ben S. Bernanke as the central bank’s chairman.
Senator Rand Paul is itching to challenge the constitutionality of the National Security Agency’s surveillance practices before the U.S. Supreme Court, and the American Civil Liberties Union has already filed such a suit. Justice Sonia Sotomayor might be glad to see them both there.
Sixteen financial institutions are being investigated by government officials as part of their scrutiny of bank actions in the years before the financial crisis, according to a court filing by Wall Street’s largest mortgage due-diligence firm.