Posts Tagged Corporate news

Sony under attack from hackers and ex-employees

In this Dec. 2, 2014 file photo, cars enter Sony Pictures Entertainment headquarters in Culver City, Calif. Hackers calling themselves Guardians of Peace on Tuesday, Dec. 16, 2014 released another round of data leaks, including ominous threats against the premiere of Sony Pictures' film "The Interview," in which the group references the terrorist attacks of September 11, 2001. (AP Photo/Nick Ut, File)

NEW YORK (AP) — Threats of violence against movie theaters. Cancelled showings of “The Interview.” Leaks of thousands more private emails. Lawsuits by former employees that could cost tens of millions in damages.

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MMA fighters file antitrust lawsuit against UFC

SAN JOSE, Calif. (AP) — Mixed martial arts fighters filed an antitrust lawsuit against the Ultimate Fighting Championship on Tuesday, alleging the organization is a monopoly that chokes off competition, crushes athletes’ earnings and controls the right to market their names even after their deaths.

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Ex-employees sue Sony Pictures over hacked personal details

This Dec. 2, 2014 file photo shows Sony Pictures Entertainment headquarters in Culver City, Calif. Two former employees of Sony Pictures Entertainment on Tuesday, Dec. 16, 2014 filed suit against the company for not preventing hackers from stealing nearly 50,000 social security numbers, salary details and other personal information from current and former workers. (AP Photo/Nick Ut, File)

NEW YORK (AP) — Sony Pictures Entertainment now faces two lawsuits from four former employees who claim the company did not do enough to prevent hackers from stealing nearly 50,000 social security numbers, salary details and other personal information from current and former workers.

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Microsoft’s 3Q earnings grow 31 pct; stock falls

In this Jan. 5, 2011 file photo, Microsoft chief executive officer Steve Ballmer gives his Keynote speech for the Consumer Electronics Show, in Las Vegas. Microsoft reports quarterly earnings Thursday, April 28, 2011, after the market close.(AP Photo/Julie Jacobson, file)

Microsoft Corp.’s latest quarterly earnings rose 31 percent even as sales of its Windows operating system sagged.

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