CHINA

A cyber attack that originated from the Chinese city of Jinan that selectively targeted key government officials in the U.S. and its allies has focused uneasy limelight on China, even as the western governments are tinkering with their military rule books to call cyber attacks 'acts of war'.

Google said that Gmail email accounts in United States and Asia have been penetrated by hackers who stole the passwords through a phishing scam. Many of the accounts broken belonged to senior US government officials Chinese political activists, military personnel, and journalists.

Chinese hackers broke into the personal Gmail accounts of senior officials and military personnel of the U.S. government and it allies and stole sensitive data, setting the stage for an era of heightened cyber tension between the world's top military powers. The latest hack attack, which might bring Google and the Chinese administration into a fresh fist fight, was precisely planned and executed, raising doubts if the Chinese state had authorized it.

Li Na of China became the first Chinese to make it into the semifinals of the French Open. With tactical play and tenacious drive, the sixth seeded Na beat fourth seed Victoria Azarenka 7-5 6-2.

Google announced it has discovered a phishing scam based in China, looking to uncover email passwords of important government officials.

In the company's official 'Googleblog', tech giant Google informed that a campaign to hack users' password in order to monitor the content of users' email was averted thanks to 'the strength of our cloud-based security and abuse detection systems.

According to Google, there has been a campaign to hack Gmail users' passwords in order to monitor their email accounts.

Apple for a change has turned its back on its secretive ways and has openly confessed, prior to its annual Worldwide Developers Conference (WWDC), that it will be launching its highly anticipated cloud offering- iCloud.

Forex: Month End Review May 2011, USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD

Chinese computer maker Lenovo Group Ltd's has agreed to buy German electronics retailer Medion AG for around $900 million, boosting its market share in Europe.

As China struggles to convince the world of its toys’ safety, here’s a look inside the factories to see where toys are born.

Ever wondered how to remain anonymous or circumvent internet censorship while dealing with sensitive issues online? Electronic Frontier Foundation, patron of online civil liberties, has launched the Tor Challenge, a project aimed at protecting the anonymity of internet users.

Pierre Pringuet takes the top spot in the UK-based magazine's esteemed list

The United States is warning that a cyber attack -- presumably if it is devastating enough -- could result in real-world military retaliation.

Australia’s economy shrank by 1.2 percent in the first quarter of this year -- the sharpest quarterly drop in twenty years -- due largely to the devastating floods that swept across parts of the country late last year.

Ever wondered how to remain anonymous or circumvent internet censorship while dealing with sensitive issues online? Electronic Frontier Foundation, patrons of online civil liberties, today launched the Tor Challenge, a project aimed at protecting the anonymity of internet users. Tor is a volunteer system that consists of servers spread across the globe, and a downloadable software that enables access to the network.

Barneys New York will ship internationally on e-commerce site Barneys.com.

China has banned its military force from using social networking and other match-making websites to prevent leak of classified information.

The top pre-market NASDAQ Stock Market gainers are: Telvent GIT, Orexigen Therapeutics, Daktronics, Golar LNG, and AmTrust Financial Services. The top pre-market NASDAQ Stock Market losers are: Jos. A Bank Clothiers, American Superconductor, RF Micro Devices, Rediff.com India, and ARM Holdings.

Acer Inc, the world No 2 PC maker, will launch an ultrabook super-light computer model in the fourth quarter, its president said on Wednesday, and sees devices such as tablets and smartphones making up a third of revenue by 2015.

Investors offloaded shares in Nokia again on Wednesday, as analysts slashed price targets for the mobile phone maker after its profit warning and questioned whether it could ever recapture lost market share.