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Exclusive: Turmoil at Symantec luring activists, buyers - sources

By Nadia Damouni and Nicola Leske NEW YORK (Reuters) - The abrupt firing of Symantec Corp Chief Executive Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said. Activist investors, including ValueAct Capital, are examining the company's prospects and may decide to build up stakes to agitate for change, the sources said. ValueAct declined to comment.

Exclusive: Symantec to hire bank for advice, activism defense - sources

By Nicola Leske, Nadia Damouni and Soyoung Kim NEW YORK (Reuters) - Antivirus and security software maker Symantec Corp, which recently fired its chief executive amid declining sales and fierce competition, is in the process of hiring banks to help advise on strategy and defend against possible activist investors, according to several people familiar with the matter.

Symantec CEO ouster raises questions about turnaround

By Abhirup Roy (Reuters) - Symantec Corp's shares fell as much as 14 percent on Friday, a day after the security software maker fired its chief executive, raising concerns about its turnaround efforts. At least five brokerages downgraded the stock, which has fallen nearly 17 percent in the past six months as the company, known for its Norton antivirus software, struggles with falling PC sales and a lackluster show on smartphone and tablets.

Agent.BTZ spyware hit Europe hard after U.S. military attack: security firm

By Jim Finkle BOSTON (Reuters) - A mysterious computer virus believed to be from Russia infected hundreds of thousands of PCs around the globe after attacking the U.S. military's Central Command in an unprecedented breach uncovered in 2008, according to the details of new research released on Wednesday.

Researchers uncover cyber spying campaign dubbed "The Mask"

By Joseph Menn and Jim Finkle PUNTA CANA, Dominican Republic (Reuters) - A computer security software firm has uncovered what it calls the first cyber espionage campaign believed to be started by a Spanish-speaking country, targeting government agencies, energy companies and activists in 31 countries. Dubbed "The Mask," the campaign had operated undetected since 2007 and infected more than 380 targets before it stopped last week, Moscow-based Kaspersky Lab said on Monday.

Hacker 'mercenaries' linked to Japan, South Korea spying: researchers

By Joseph Menn Washington (Reuters) - A small, sophisticated international hacking group was responsible for a widely publicized 2011 spying attack on members of Japan's parliament as well as dozens of previously undisclosed breaches at government agencies and strategic companies in Japan and South Korea, security researchers said.

Tibetan gov't-in-exile's website attacked by hackers

The official website of the Tibetan government-in-exile, officially known as the Central Tibetan Administration, was again hacked on Tuesday, a CTA official confirmed Tuesday. Computer security firm Kaspersky Lab informed the CTA, which is based in the northern Indian town of Dharamshala, that the Chinese version of the website had been hacked, the official said. Specifically, a bug was injected into the Chinese version of the website, and it took 17 hours to remove the bug from the website, he added.

John McAfee resurfaces as ranting video star, mocks McAfee software

By Jim Finkle BOSTON (Reuters) - Eccentric former software pioneer John McAfee is back in the spotlight - lashing out at the anti-virus software that bears his name in a profanity-laced video. McAfee, an American who helped create the anti-virus software industry, generated a media frenzy at the end of last year when he fled his home on a tropical island in Belize, claiming that police in the Central American nation wanted to frame him for murder.

John McAfee, sought over Belize death, breaks silence

John McAfee, the reclusive software mogul wanted for questioning in Belize over an expat neighbor's death, broke his silence Monday in a US newspaper interview in which he pleaded his innocence. "People ask me, 'How did it feel to kill a man?' and I can honestly tell them I wouldn't know, because I never have," the founder of the anti-virus software brand that bears his name told USA Today.

Symantec forecasts weak results as yen depreciates

By Neha Alawadhi (Reuters) - Symantec Corp reported a bigger-than-expected quarterly profit, but the maker of the Norton anti-virus software forecast first-quarter results well below analysts' estimates due to a weak Japanese yen. Symantec shares, which were trading flat after the company reported results, fell 6 percent in extended trading after it gave a weak outlook on a conference call with analysts.
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