Australians protest planned shark culling

SYDNEY -- Thousands of people rallied across Australia Saturday against a controversial shark culling policy designed to prevent attacks, saying killing the marine animals was the not the answer.

The controversial policy to catch and kill sharks off popular west coast beaches was given the green light last month after six fatal attacks in the past two years.

It is aimed at reducing the risks to water users and allows baited drum lines with hooks designed to capture large sharks to be set one kilometer offshore at busy Western Australian beaches for a trial period until April 30.

Any shark longer than three meters (10 feet) snagged by the lines and deemed to be a threat -- including great white, bull and tiger sharks -- will be destroyed, with the first casualty reported last week.

The move has angered conservationists and rallies were held at sites around the country, including at least 2,000 people at Manly Beach in Sydney and 6,000 expected at Cottesloe Beach in Perth.

Opponents claim the trial flies in the face of international obligations to protect the great white shark.

Anthony Joyce, who was attacked by a shark off a Sydney beach last October, once shared the Western Australian government's views on culling the animals, but after doing extensive research he now disagrees.

"The amount of sharks they are going to kill is going to make no difference in the scheme of things," he told reporters at Manly.

After speaking with shark experts and marine biologists, he now believes greater government support for marine biology programs and shark education in schools is the way to go.

Another protestor in Manly, Katherine Cook, said she was outraged at the shark killings.

"I'm really angry and incensed that we can't co-exist with anything," she said.

"We are going into their (sharks) environment. Why can't we co-exist?"

At Cottesloe, a female activist chained herself to a fisheries boat to prevent it leaving to set and monitor baited hooks off the coast, the ABC reported.

While sharks are common in Australian waters, deadly attacks are rare, with only one of the average 15 incidents a year typically proving fatal.

But experts say attacks are increasing in line with population growth and the popularity of water sports.

source: interaksyon.com

Academy award winning actor Maximilian Schell dies aged 83

VIENNA I Austrian actor Maximilian Schell, who won an Academy Award for his role as a German defence attorney in the 1961 film “Judgment at Nuremberg”, has died aged 83.

The Vienna-born actor died overnight at a clinic in Innsbruck as the result of a “sudden and serious illness”, his agent, Patricia Baumbauer, told the Austria Press Agency on Saturday.

One of the best known foreign actors in U.S. films, Schell starred on stage and screen on both sides of the Atlantic after growing up in Switzerland, where his family settled to escape the Nazis after Germany’s 1938 annexation of Austria.

The brother of actress Maria Schell, he also won a Golden Globe and New York Film Critics Circle award for his role in “Judgment at Nuremberg”, which followed a television drama version of the play.

He was nominated for two more Oscars for his acting, in 1976 for best actor for “The Man in the Glass Booth” and in 1978 as best supporting actor for “Julia”.

Schell won the 1993 Golden Globe for best performance by an actor in a supporting role in a series, mini-series or made-for-TV movie for “Stalin”.

source: interaksyon.com

Wall Street Week Ahead: Stocks may face pain, though buyers remain

NEW YORK - Investors may crave a quiet market this coming week to digest the recent volatility in stocks and rehash Sunday's Super Bowl, but the prospect doesn't look likely.

The catalysts that drove the Dow and the S&P 500 to their worst monthly performances since May 2012 have not gone away. The retreat from emerging markets - and stocks in general - appears to have more room to run as the factors that helped propel the market to record highs in mid-January aren't providing enough support.

Calls for a market correction have become louder, with the S&P 500 down 3.6 percent from its all-time closing high and the Federal Reserve's announcement on Wednesday that it will keep trimming its monthly bond buying.

More than 80 S&P 500 components are set to report earnings next week, but the myriad issues surrounding emerging markets remain at the forefront for investors.

"Bad news in any area of the globe is bound to make sentiment less positive in others. This isn't an issue of contagion, but there will be influence," said John Chisholm, chief investment officer of the Boston-based Acadian Asset Management, which has an emerging market equity fund with $1.2 billion in assets. "There's plenty more instability ahead."

While countries such as Turkey and South Africa have taken steps to stabilize their currencies, the trend has remained negative for those assets.

The CBOE Volatility Index, a measure of investor anxiety, rose 34.2 percent during January to end the month at 18.41, after wrapping up 2013 at 13.72. The VIX remains below the long-term average of 20, however, and has not traded above 19 since October.

For the month of January, the Dow fell 5.3 percent and the S&P 500 lost 3.6 percent - marking their worst monthly percentage declines since May 2012. The Nasdaq fell 1.7 percent in January, its worst month since October 2012.

It's tempting to believe that U.S. stocks are a salve for this pain. But the reality is that when emerging markets swoon, U.S. stocks decline as well, just not as much.

Goldman Sachs analysts wrote last week that when MSCI's emerging markets index falls at least 5 percent, the S&P 500 tends to fall by half of that. The MSCI index has dropped 11 percent since an October peak of 1,047.73.

"Our EM strategists believe some EM equity markets have further to fall, and that they require significant current account rebalancing before bottoming," Goldman Sachs analysts said in a note about their outlook on emerging markets.

The effect on U.S. companies is harder to discern. Goldman estimated that S&P 500 companies derive 5 percent of their profits from emerging markets, with some sectors more affected than others.

Among the companies with large emerging markets exposure set to report earnings next week are General Motors and Yum Brands Inc. Yum, in fact, gets more than half of its sales from the "BRIC" nations - Brazil, Russia, India and China. Yum's stock lost 11.2 percent in January, while GM shares dropped 11.7 percent.

Both stocks, along with the shares of other internationally exposed companies, have underperformed the S&P 500 since the Fed first said it would cut back on its stimulus on December 18.

Demand in China has been particularly sluggish, which affected Apple Inc's results, as the company's iPhone sales were worse than expected, and Wal-Mart Stores, which closed some locations in that country, as well as in Brazil.

Some are still looking to buy, though.

"We'd need to see more significant hits from overseas exposure before we start paring away our allocation to those names ... GM is doing well because of its EM exposure," Acadian's Chisholm said.

'Best house' in a poor neighborhood

With half of the S&P 500 companies having reported earnings so far, almost 70 percent have topped earnings expectations, above the long-term average of 63 percent, according to Thomson Reuters data. Two-thirds have exceeded estimates on revenue, above the historical average of 61 percent, though companies have generally been meeting or beating lowered expectations.

"While there are equity risks, there's very little risk from a bear market standpoint," said Jim Dunigan, chief investment officer of PNC Wealth Management in Philadelphia. "That markets have held on as well as they have shows that equity appetite still exists."

Whether there is conviction behind the buying is debatable. The three busiest days for the market in terms of the S&P's E-mini futures contract, the most heavily traded equity futures contract, were Wednesday, Monday, and last Friday, January 24 - all of which were selloffs.

Still, investors keep pouring money into stock market funds, with $10.24 billion added in the week ended January 29, according to Thomson Reuters' Lipper service. This marked the sixth straight week of net new cash.

The S&P 500 is about 0.5 percent above its 100-day moving average, a level that could provide support against further losses. According to the most recent Reuters poll of analysts, the benchmark index is expected to end the year at 1,925 - about 8 percent away from current levels.

Dunigan, who helps oversee $127 billion in assets, said that stocks remain "the best house in a bad neighborhood," especially with U.S. interest rates low.

"When you look at the alternatives, fixed income continues to look risky, and cash doesn't help you," he said. "Unlike other asset classes, equities will still get boosts from contributions like buybacks, merger activity and capital expenditures."

source: interaksyon.com

China reports H7N9 death, more cases

GUANGZHOU - China reported another human H7N9 death and three more new cases, including two boys, on Saturday.

An 82-year-old man died of the bird flu in the city of Foshan, south China's Guangdong Province on Friday after treatment failed, the provincial health department said in a statement.


The department also confirmed that two boys, a six-year-old from Shenzhen and a five-year-old from Zhaoqing, are infected with the disease. Both are in a stable condition.

The third new case is a 38-year-old man from the city of Yongzhou in central China's Hunan Province. He is also in a stable condition.

Those who had close contact with him have tested negative for H7N9, according to the provincial health department.

It is the second infection in Hunan this year.

With the new cases, H7N9 has so far killed 22 people in China this year, and the number of human infections has reached 105.

With bird flu cases increasing on a daily basis, public concern over people-to-people transmission of the disease during Spring Festival is growing, but health experts said inter-human transmission was unlikely.

Live poultry trading has been halted in the southern metropolises of Shenzhen and Hangzhou, as well as Ningbo and Jinhua cities in east China's Zhejiang Province, which have reported the largest number of human H7N9 cases.

source: interaksyon.com

Wall Street sells off after Fed sticks with stimulus cuts

NEW YORK - U.S. stocks dropped more than 1 percent on Wednesday, hitting session lows after the Federal Reserve stuck with its plan to scale back stimulus even in the midst of emerging market turmoil.

With the day's decline, the S&P 500 is down 4 percent for the month - its worst monthly loss since May 2012. Some investors have been bracing for a correction, given the S&P 500's gain of 30 percent last year.

Trading was volatile after the Fed's move, which further reduces its monthly bond purchases by $10 billion a month. Declines were fairly broad-based, with nine of the 10 S&P 500 sector indexes ending lower. Shares of Boeing Co ranked among the biggest drags on both the Dow and the S&P 500.

Overall improvement in the U.S. economy suggested the central bank would continue to cut the purchases, but some investors had speculated in recent days that the Fed might rethink its plan because of the emerging market problems.

"I think investors had hoped that the Fed would somehow respond to the recent turbulence and show they had their back," said Jack Ablin, chief investment officer of BMO Private Bank in Chicago.

But the Fed really wants "to move to the sidelines here and get out of the QE business."

In its announcement, the Fed said it would buy $65 billion in bonds per month starting in February, down from $75 billion now. In what was Fed Chairman Ben Bernanke's last policy-setting meeting, the central bank also maintained its longer-term plan to keep U.S. interest rates low for some time to come.

The benchmark S&P 500 has lost ground in four of the past five sessions as fears over slowing growth in China and large capital outflows from developing markets prompted investors to seek safe-haven assets.

The Dow Jones industrial average fell 189.77 points or 1.19 percent, to end at 15,738.79. The S&P 500 ost 18.30 points or 1.02 percent, to finish at 1,774.20. The Nasdaq Composite dropped 46.53 points or 1.14 percent, to close at 4,051.43.

The CBOE Volatility Index or VIX, Wall Street's barometer of fear, jumped 9.81 percent to end at 17.35.

The Fed's quantitative easing program has supported not just the U.S. economy but overseas economies as well by increasing liquidity, so cutting the stimulus has been a big factor in the emerging markets' selloff.

Stocks were lower early in the session even after bold efforts by Turkey and South Africa to stabilize their currencies.

South Africa's central bank raised interest rates for the first time in six years. Its move followed a dramatic rate hike by Turkey's central bank late Tuesday, designed to defend its crumbling currency.

Boeing's stock fell 5.3 percent to close at $129.78, after the aerospace and defense company issued conservative forecasts for profit and cash flow. Investors focused on those projections, though the company reported a surge in quarterly profit.

Yahoo shares dropped 8.7 percent to end at $34.89, a day after the Internet company reported a drop in online ad prices that hurt its revenue for a fourth consecutive quarter.

Among other profit reports, Dow Chemical Co posted a quarterly profit that was well ahead of expectations. It also raised its dividend 15 percent and expanded its stock-buyback program. Dow Chemical's stock rose 3.9 percent to end at $44.73.

After the bell, shares of Facebook rose 9.2 percent to $58.45 after the world's largest social networking company reported quarterly revenue increased 63 percent.

Quarterly earnings expectations for the S&P 500 have improved as more companies have reported results. Growth is now estimated at 9 percent, compared with 7.6 percent at the start of the month, Thomson Reuters data showed.

As the stock market rallied last year, valuations rose for S&P 500 companies. The forward price-to-earnings ratio is at 14.9, compared with 13.1 at the start of 2013.

Volume was higher than average for the month. About 7.5 billion shares changed hands on U.S. exchanges, compared with the average of 6.8 billion so far this month, according to data from BATS Global Markets.

Decliners outnumbered advancers on the New York Stock Exchange and the Nasdaq by slightly more than 3 to 1.

source: interaksyon.com

Amid Durant vs LeBron hype, Thunder cruise to easy victory over Heat

MIAMI — The individual matchup between the NBA’s top two candidates for MVP did not disappoint.

But the battle between the reigning two-time NBA champion Miami Heat and the top team in the Western Conference, the Oklahoma City Thunder, turned out to be a bit of a dud, especially in the final 42 minutes.

The Thunder overcame an 18-point first-quarter deficit to drill the Heat 112-95 on Wednesday night at AmericanAirlines Arena.

Over those final 42 minutes, the Thunder outscored the Heat 108-73.

“There’s no running away from it,” Heat coach Erik Spoelstra said. “Other than the first (six) minutes of the game, they outclassed us.

“Our guys were up and ready for this game. (The Thunder) were up and ready, and they played better than us.”

In the matchup of superstars, Heat forward LeBron James, a four-time league MVP, had 34 points on 12-of-20 shooting. But he did not play his usual stellar floor game — just three rebounds, three assists and three turnovers. He was 9 of 9 on the foul line but just 1 of 5 on 3-pointers.

Oklahoma City forward Kevin Durant, a three-time NBA scoring champ, had 33 points, seven rebounds and five assists with four turnovers. He was 5 of 5 from the foul line and 4 of 9 on 3-pointers.

“We were down 22-4, and we could have easily folded up, especially on the road,” Durant said. “It could be my last game any time I step on the floor, so I have to give it my all.”

Durant enjoyed his 12th consecutive game with 30 or more points. His streak is the third longest in the NBA in the past 30 years, trailing only runs by Kobe Bryant (16) and Tracy McGrady (14).

“(James and Durant) are going to go down as two of the greatest players ever to play the game,” Thunder coach Scott Brooks said. “Defensively, they are solid. Offensively, they are amazing.

“They were challenging each other. It would’ve been fun to clear the court and watch them play one on one. But the thing I love is that they are both team guys.”

Forward Serge Ibaka scored 22 points to help Oklahoma City (37-10) extend its winning streak to nine games. The Thunder also got major contributions from reserve guards Jeremy Lamb (18 points) and Derek Fisher (15 points). Fisher made all five of his 3-point attempts.

“Our effort was great — it was a good team win,” Brooks said. “I thought Fisher did a great job inspiring us when we got down. He made a couple of big threes, and everyone chipped in.”

Miami (32-13) lost at home for just the fourth time in 23 games this season. Forward Chris Bosh added 18 points for the Heat, guard Dwyane Wade scored 15.

Oklahoma City won the game largely due to 3-point shooting. The Thunder made 16 of 27 from beyond the arc (59.3 percent), while the Heat made just 3 of 19 (15.8 percent).

After the Heat got off to their hot start, the Thunder got back in the game with a 12-0 run.

By the end of the first, the Heat led 30-21. Bosh had 11 of Miami’s first 22 points, and the Heat outshot the Thunder 55 percent to 36 percent in the period.

The Thunder won the second quarter 34-20 and led 55-50 at halftime. The Thunder outshot the Heat 52 percent to 42 percent in the quarter. Bosh cooled off in the second quarter — only one point — and Lamb heated up with 13 points.

“(The Heat) doubled off the pick and roll,” Lamb said. “We swung the ball to find the open shots.”

At the half, Durant (16 points) and James (15) virtually negated each other.

The Thunder outscored the Heat 36-25 in the third quarter and headed into the fourth leading 91-75. Fisher closed the quarter by banking in a 3-pointer at the buzzer. It was the second 3-pointer Fisher made off the glass in the game.

The Durant vs. James duel heated up in the third quarter as each scored 12 points. Durant made 4 of 7 shots, including two 3-pointers, and James made 5 of 7.

“He made some great shots,” Spoelstra said of Durant. “Those are the shots that everyone will remember. From our standpoint, we will remember some of the close-outs we didn’t make to give Lamb and Fisher some open threes.”

NOTES: After Sunday’s game against the San Antonio Spurs in which he came off the bench for the first time in eight years, Heat G Dwyane Wade returned to the starting lineup Wednesday. Wade was used as a reserve Sunday because he missed four games due to knee soreness and wanted to work his way back into fitness. … Since the Thunder clinched the best record in the West by the Feb. 2 cut-off date, Scott Brooks will coach the conference’s team at the All-Star Game. He also coached the West in 2012. … Thunder F Kevin Durant was averaging 28.2 points when G Russell Westbrook was healthy. In the first 17 games since Westbrook got hurt, Durant averaged 36.5 points. His shot total went up from 18 to 22 per game. … Next up for the Heat is a Saturday night game at the New York Knicks, where the teams will be part of the pre-Super Bowl hoopla. … The Thunder will also be in New York this weekend, playing the Brooklyn Nets on Friday.

source: interaksyon.com

Pope Francis lands cover of 'Rolling Stone'

Pope Francis is taking his place alongside the icons of American popular culture by appearing on the cover of Rolling Stone magazine, which hits newsstands Friday.

It's the first time the staunchly liberal rock-music bible has featured a Roman Catholic pontiff on its cover, which is typically graced by pop stars and movie idols.

"Pope Francis: the times they are a-changin'," reads the cover headline that borrows the title of Bob Dylan's classic early 1960s anthem.

The Argentine-born pope, who took office in March last year, has previously been Time magazine's Person of the Year. He also made the cover of The Advocate, the respected US gay rights magazine.

In an accompanying 8,000-word profile, seen on its website Wednesday, Rolling Stone hailed the pontiff's relaxed style and his less aggressive stance on such hot-button issues as homosexuality compared to his two predecessors.

In a statement, Rolling Stone's editors said they had been struck by his seeming effort to play down "culture war issues" and his willingness to talk "about real world economic issues in starkly moral terms."

"His tone is a breath of fresh air, but his message is a wake-up call," they said.

Roman Catholics make up the biggest Christian denomination in the United States, but polls indicate lay Catholics don't all share the national church leadership's hardline stance on abortion, contraception and gay marriage.

source: interaksyon.com

Smile, you’re now on Google Street View camera

MANILA, Philippines — The online search giant Google will now deploy its vehicles to the country to capture street-level imagery as well as panoramic views of different streets and destinations in the Philippines.

The initiative, which is being undertaken with support from the Department of Tourism (DO)T, will kickoff in Manila where the colorful Street View cars, which has a crystal ball-like special camera perched on top, will roam to collect panoramic imagery. The collected images may then be viewed at Google’s Street View, which allows users to explore cities through 360-degree images at street level.

As a start, Google has published Street View panoramas of four key sites in Intramuros, namely San Agustin Church, Baluarte de San Diego, Plaza San Luis Complex, and Fort Santiago. The initial panoramas were collected using Google’s Street View Trekker, which is a wearable backpack with a camera mounted atop the gear. Google said that they are planning to use the Street View Trekker in conjunction with the Street View Trolley, a pushcart camera system, to capture more of the country’s off-road locations.

DOT is hoping that the technology will help showcase the country’s beauty to the world.

“Our partnership with Google to bring Street View to the Philippines will allow us to create a digital experience of our landscapes, which we hope will entice more people around the world to learn about our diverse offerings,” DOT Secretary Ramon Jimenez said in a press release.

“For us here at home, Street View can also help make the maps of our country even ‘more fun’ and interesting, as well as enable Filipinos to explore their country more, which in turn can help boost domestic travel and tourism,” Jimenez added.

Ryan Morales, Google Philippines marketing manager, said that they are “delighted to work with the DOT.”

“The Philippines is a diverse archipelago with heritage and beauty to be found within and in between every island. By providing people and businesses alike with more useful map information, Street View can also help celebrate Filipino culture and even create lasting economic impact,” Morales said.

Addressing concerns that the Street View invades privacy, Google said that they use technology to blur human faces and license plates of vehicles. The company said that they are also open to requests from users to further blur any image that features them.

source: interaksyon.com

Lea Salonga heads all-star line-up of acclaimed symphonic concert

Lea Salonga believes there should be no let-up in the fundraising efforts for the survivors of typhoon Yolanda.

“There are lots of people there who were affected by the disaster so I think fundraising will be an ongoing thing for a very long time. Even when we have the permission to smile, it will keep going,” she told InterAksyon and other entertainment media during the press conference for her well-received “Playlist” concerts in December.

After starting the year with a repeat of “Playlist”, Lea is now headlining the Manila staging of the acclaimed symphonic concert “Do You Hear the People Sing?”, which features the music of Alain Boublil and Claude Michel Schonberg, creators of “Miss Saigon” and “Les Miserables”.

The benefit concert will take place at the Newport Performing Arts Theater of Resorts World Manila on January 29 and 30. Lea will lead an all-star line-up of singers and seasoned theater performers, including guest soloists Rachelle-Ann Go, Jon Joven, Carla Guevara Laforteza, Menchu Lauchengco-Yulo, Jed Madela, Cocoy Laurel, Michael Williams and Leo Valdez.

Except for Jed Madela, all of the above performers have appeared at one time or another in several stagings of either “Les Miz” or “Miss Saigon” or both. Rachelle Ann Go is London-bound for the coming West End revival of “Miss Saigon” where she will star as Gigi.

The show, which was a hit with both critics and audiences when it debuted in Indianapolis, was also successfully staged in Ottawa, Canada and Shanghai, China. Each of the show had Lea as a featured performer along with four other soloists.

“This will be the first time we will stage this in Manila. For this particular show, we have additional soloists and additional material. It will feature more Kim stuff, more Eponine stuff. I get to sing a little more than some people,” Lea said during the recent press conference for the concert.

Lea said she’s particularly proud of the fact that composers Boublil and Schonberg initiated the staging of “Do You Hear the Voices Sing?” in Manila not just as a fundraising in support of the Yolanda rebuilding program through Habitat for Humanity Philippines.

“It’s also their way of saying thank you to the Philippines for everything this country has given to them as far as their shows are concerned. They found so many performers from this country to perform in their shows not only in London but also in other countries. There’s always a Filipino in every ‘Miss Saigon’ and more Kims of Filipino descent than any other Asian group,” she exclaimed with her usual wide-eyed enthusiasm.

Lea revealed that after Boublil and Schonberg initiated the project, it was just a matter of making phone calls to get everyone on board. “We contacted people one by one. And everybody wanted to be a part of it. ‘Okay, what do I need to do, what do you want me to do. Kahit anong anything, we just want to be part of it’,” she recalled most of the performers as saying.



Aside from the guest soloists, other veteran performers like Pinky Amador and Jake Macapagal did not at all mind being part of the ‘Miss Saigon’ Ensemble, along with Analin Bantug, Edward Bungalon, Tricia Canilao-Buser, Robbie Guevara, Natalie Everett, Lora Nicolas, Jun Ofrasio, Ivy Padilla, Aileen Payumo, Amparo Sietreales, Christine Sambeli Marquez, Arnold M Trinidad, Jojo Urquico, Gina Respall, Meliza Reyes and Christian Rey Marbella.

Accompanied by the ABS-CBN Philharmonic Orchestra under the baton of maestro Gerard Salonga (who will also serves as musical director/conductor of the Asia-Pacific tour of the show, the star performers will be joined by an 80-member adult choir consisting of members from the Ateneo Chamber Singers, Mass Appeal, Aleron and the former members of the San Miguel Master Chorale. Twenty children from the International School Manila Middle School Honor Choir will also perform. Choirmaster for this event is Jonathon Velasco.

“This is going to be a huge show in terms of the number of people participating. It’s going to be fun,” Lea beamed.

With Bouberg Productions, Enda Markey and the performers waiving their talent fees, the event hopes to raise funds with the goal of building 200 homes in areas ravaged by Typhoon Yolanda through Habitat for Humanity Philippines.

Directed by Andrew Pole, “Do You Hear the People Sing?” is the latest effort of RWM in a series of fundraisers to help in the relief and rebuilding phase following the destruction brought about by the typhoon—the first being the “1tayo” relief operation in partnership with other players in the industry and the second being the “Kami Naman Ang Taya” benefit concert held at the NPAT last December 3.

Tickets are available at Ticketworld and Resorts World Box Office.

source: interaksyon.com

Banking apps on Android phones most at risk of virus: Kaspersky

JERUSALEM — Banking applications on Android phones are most vulnerable to cyber crime, the chief executive and co-founder of Russian anti-virus software maker Kaspersky Lab said on Monday.

Eugene Kaspersky said 99 percent of mobile attacks are towards Android-based phones, since Apple has strict controls and does not allow third-party applications.

The most disturbing trend in cyber attacks was a growing shift to mobile devices from computers and a major cyber attack using mobile phones was bound to happen since cellular users are not properly protected, he told Reuters.

“I expect something really bad to happen to change people’s minds and awareness,” he said, noting that it took the Chernobyl virus in 1998 for people to properly protect their computers.

“Cyber crime is moving to mobile but people are not aware. It’s still not as big as computer crime but it’s growing fast. The trend is a very dangerous situation,” he said at a cyber-tech conference in Israel, where he wants to open a research and development lab.

Kaspersky makes one of the top-selling anti-virus programs in the United States, where it has gained market share in recent years against products from Symantec Corp, Intel’s McAfee and Trend Micro.

He said it was hard to determine where most cyber attacks are coming from geographically but cyber criminals typically speak Chinese, Spanish, Portuguese and Russian.

source: interaksyon.com