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Feds charge nine hackers for $30M insider trading scheme
The Wall Street Journal reports that federal prosecutors are set to unseal charges Tuesday against nine hackers and stock traders involved in an insider trading operation that netted more than $30 million on illicit deals. The group to be charged allegedly had been conducting sophisticated cyber-attacks against newswire services in order to steal upcoming merger and acquisition information that had been uploaded to the newswire's servers -- but not yet published -- and position their investments accordingly. The group was discovered after a multi-agency investigation involving the DHS, FBI, SEC and the Secret Service.
Facebook Newswire aims to deliver breaking news to journalists
Twitter's made serious efforts to turn itself into more than just a social network: it wants to be the go-to tool for journalists searching for breaking news. Naturally, it makes sense for Facebook to follow suit as the two continue to play feature tag. Newswire is Zuckerberg & co.'s answer to Dataminr for News. It aggregates shared stories, photos and status updates that might be of interest to journalists and news organizations. This isn't just some haphazard collection of BuzzFeed lists and conspiracy blogs, though. The service is powered by Storyful, a company that specializes in filtering out the noise and delivering "valuable content" through a social newswire service.
