1 May, 2015 by The TZ Newswire Staff Comments Off on ‘Flash Boys’ programmer convicted in Goldman code theft case
‘Flash Boys’ programmer convicted in Goldman code theft case
Former Goldman Sachs Group Inc. programmer Sergey Aleynikov was found guilty in the high-frequency trading code theft case that illustrated the difficulty of using existing law to protect technology central to financial markets. Aleynikov, whose travails helped inspire Michael Lewis’s “Flash Boys,” acknowledged that he breached Goldman Sachs policy by downloading the code to his home computers. While Aleynikov’s attorney, Kevin Marino, argued that taking the code wasn’t illegal even if it violated bank policy, jurors decided it was a crime.
1 May, 2015 by The TZ Newswire Staff Comments Off on Lumber Liquidators critic says Lowe’s had toxic flooring too
Lumber Liquidators critic says Lowe’s had toxic flooring too
The short seller who sparked allegations that Lumber Liquidators Holdings Inc. sold Chinese-made flooring with toxic levels of formaldehyde is now accusing Lowe’s Cos. of similar misdeeds. “New evidence has come to my attention that Lumber Liquidators may not have been the lone violator when it comes to laminate floor sourcing,” Xuhua Zhou said in a report posted on the Seeking Alpha website on Friday. Zhou — who is shorting Lowe’s stock, meaning he’s betting it will decline — first raised doubts about Lumber Liquidators in 2013.
1 May, 2015 by The TZ Newswire Staff Comments Off on Hackers sneak malware into job applications
Hackers sneak malware into job applications
As if job hunters didn’t have enough to worry about.
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1 May, 2015 by The TZ Newswire Staff Comments Off on Buffett welcomes shareholders to changing Berkshire
Buffett welcomes shareholders to changing Berkshire
Big changes at Berkshire as shareholders gather for Buffett’s big weekend.
1 May, 2015 by The TZ Newswire Staff Comments Off on Apple confirms #Tattoogate problem
Apple confirms #Tattoogate problem
It looks like there is some truth to #Tattoogate, NBC News reports.
1 May, 2015 by The TZ Newswire Staff Comments Off on Weekend Sip: How to enjoy the Kentucky Derby? With a $1,000 mint julep, of course
Weekend Sip: How to enjoy the Kentucky Derby? With a $1,000 mint julep, of course
Forget the ponies, what do I put in my mint julep?
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1 May, 2015 by The TZ Newswire Staff Comments Off on Why Teradyne, Inc. Stock Popped Today
Why Teradyne, Inc. Stock Popped Today
Is Teradyne’s jump meaningful? Or just another movement?