Internet giant AOL has apologised for releasing the search queries of more than 650,000 of its US subscribers.
The company admitted the release to researchers was “a screw up” and had breached the privacy of its users.
AOL said it was an “innocent attempt to reach out to the academic community with research tools”
Troubled software firm iSoft has found evidence of irregularities affecting its accounts for 2004 and 2005.
Isoft said the problems mainly related to stating revenues earlier than they should have been.
An independent probe into its accounting problems also concluded there were grounds for a more formal investigation, iSoft added
The boss of French car parts firm Faurecia, Pierre Levi, has resigned following the start of a criminal investigation into alleged bribery.
Mr Levi’s departure comes as German prosecutors claim Faurecia paid bribes to carmakers such as VW and BMW in order to win their business.
Frankfurt-based prosecutor Sibylle Gottwald said Mr Levi was aware of the bribes but denied direct involvement
An Indian non-governmental organisation says samples of Coca-Cola and Pepsi products are showing even worse levels of pesticides than in a previous study.
The Centre for Science and Environment (CSE) said their investigations revealed that the drinks contain harmful residues, posing a health risk.
A CSE report in 2003 resulted in Pepsi and Coca-Cola strenuously rejecting claims that their drinks were unsafe
A City worker employed in a “department from hell” has won about $1.5m damages for bullying.
Helen Green, 36, sued Deutsche Bank Group Services (UK) Ltd claiming harassment by colleagues and a lack of support from bosses
Former Worldcom boss Bernard Ebbers has lost his appeal against his conviction and 25-year prison sentence for fraud and conspiracy.
A federal appeals court in New York on Friday upheld the guilty verdict passed by the jury in Mr Ebbers’ original trial back in March 2005.
The convictions against Mr Ebbers relate to his part in an $11bn (£6bn) accounting fraud at the telecoms firm
Search-engine firm Google’s $90m (£48m) settlement in a “click fraud” case has been approved by a US state judge.
The legal action was initially brought by Lane’s Gifts and Collectibles in February of 2005, but was later changed to a class-action, or group, case.
Advertisers had complained that Google was falsely charging the firms for channelling clients to their websites
Royal Bank of Scotland (RBS) has announced that it is to install 300 free-to-use cash machines in some of the UK’s poorest locations.
The bank said it wanted to make cash easily available to poorer consumers.
Citizens Advice recently warned that many poorer parts of the UK were becoming cash machine “deserts” as banks closed branches
Long-awaited moves to crack down on corporate manslaughter have been welcomed by UK Members of Parliament.The Corporate Manslaughter and Corporate Homicide Bill has been formally introduced in the Commons. It will create a new offence of corporate manslaughter in England, Wales and Northern Ireland and of corporate homicide in Scotland. There have been calls for […]
LONDON (Reuters) – The Serious Fraud Office is to investigate Southern Water for misleading regulators over its customer service standards, the company said on Wednesday.
Privately held Southern Water, whose biggest shareholders include Royal Bank of Scotland, already faces a fine from water regulator Ofwat for supplying incorrect figures.
Southern Water told Ofwat and the SFO last year that it had uncovered discrepancies during the installation of a new customer billing system