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Key player in Silk Road successor site gets eight years in U.S. prison

(Reuters) -. A Washington state man was sentenced Friday to eight years in prison for his role in helping to manage the successor website Silk Road...

 

Key player in Silk Road successor site gets eight years in U.S. prison

(Reuters) -. A Washington state man was sentenced Friday to eight years in prison for his role in helping to manage the successor website Silk Road, an online swart mark which sold illegal drugs and other goods

Brian Farrell, who prosecutors say was a staff for Silk Road 2.0, was sentenced by US District Judge Richard Jones in Seattle to plead guilty in March to charges of conspiracy to distributed heroin, cocaine and methamphetamine.

Farrell, 27, was arrested in January 2015 as a pilot under way in the case of Ross Ulbricht, the creator of the original Silk Road, which authorities say Ulbricht has under the alias “Dread Pirate Roberts.”

Ulbricht, 32, was sentenced in May 2015 to life in prison after convicted a federal jury in Manhattan on charges of, inter alia, the distribution of drugs.

Silk Road 2.0 was launched late in 2013, weeks after authorities the original Silk Road website cruel and arrested Ulbricht.

Like the original site, Silk Road 2.0 users are allowed to buy and sell drugs anonymous, computer hacking tools and other illegal items, using the digital currency Bitcoin, the authorities said.

in November 2014 announced the federal authorities in Manhattan that she closed Silk Road 2.0 and arrested his alleged operator Blake Bent Hall, who prosecutors say active website called “Defcon”.

prosecutors said Farrell was a key aide Bent Hall, and was part of a small staff of online administrators and forum moderators, using the nickname “doctorclu.”

In court documents, prosecutors said that during a search of his residence in Bellevue, Washington, in January 2015, Farrell said he worked as Defcon right hand man.

A lawyer for Farrell did not immediately respond to a request for comment.

<. p> The case is US v Farrell, US District Court, Western District of Washington, No. 15-MJ-00016

(Reporting by Nate Raymond in New York. Editing by Cynthia Osterman)

Yahoo in talks to buy stake in video site Dailymotion: report

 

Yahoo in talks to buy stake in video site Dailymotion: report

Yahoo Inc. is in talks to acquire a majority stake in Dailymotion, one of the most popular online video websites in the world, in what would be largest transaction Yahoo CEO since Marissa Mayer took the reins in July, The Wall Street Journal Tuesday.

Yahoo could buy up to 75 percent of Dailymotion, which is owned by the French company France Telecom-Orange telecommunications, the newspaper said, citing unnamed sources.

Dailymotion

could be worth about $ 300 million, according to the report, which noted that the agreement is not imminent and may fall apart.

“We are unable to confirm or deny or comment on speculation about possible talks between Yahoo and Orange at this time,” Dailymotion director Roland Hamilton said in an e-mailed statement.

Yahoo and France Telecom-Orange has declined to comment.

France Telecom-Orange Dailymotion acquired for $ 170 million by an agreement in two phases, with the completion of the transaction, the most recent in January. Editorial Dailymotion and management operate independently from France Telecom-Orange.

Dailymotion is the number 12 ranked online video web property in the world, according to comScore research industry. Dailymotion he says has 116 million unique visitors per month and more than 2 billion video views. Google Inc., which owns YouTube, is World No. 1 video on the web, while the ownership of several websites Yahoo was 10th on the list.

transaction would Dailymotion biggest transaction since Yahoo Mayer, a former executive of Google, took over last year. Yahoo has acquired several small businesses and mobile web startups since Mayer became chief executive last year.

Cyber attack stops access to JPMorgan Chase site

 

Cyber attack stops access to JPMorgan Chase site
The site

consumer banking at JPMorgan Chase & Co. is not available for some users Tuesday that the company has tried to deal with a denial of service cyber delayed access for some customers.

The latest trouble if Chase.com intelligence officials said for the first time Tuesday that cyber attacks and cyber espionage terrorism surpassed as the top security threat to the United States States.

JPMorgan and other large U.S. banks, including Bank of America Corp. and Citigroup, have recently warned their investors that their sites are attacked and that the attacks would continue.

JPMorgan spokesman Michael Fusco said the company continued to work on Tuesday to restore normal service. He declined to say how long the site was down Chase.com during the day.

Attempts by Reuters journalists access to the site worked mobile applications, but efforts to a personal computer via lifted a message that the site was down.

Evaluation of cyber-attacks came in an annual “global threat” briefing and was reinforced by the testimony of James Clapper, director of national intelligence, the U.S. Senate Intelligence Committee.

Cyber ​​attacks on

companies, especially U.S. banks are getting worse, the army of General Keith Alexander, head of the U.S. Army Cyber ​​Command, told a separate hearing of the Senate Armed Services Committee.

From September, a militant group called the pirate Izz ad-Din al-Qassam Fighters Cyber ​​said he big banks cyber attacks denial of service. Attacks can disrupt service to flood sites with high traffic.

December, customers of Wells Fargo & Co. had trouble using the website of the bank at least four days.