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Visa profit up, rolls out new fee program

Visa Q1 profit beats, to buy back $500 mln of shares
Visa Inc reported a higher quarterly profit as the world's largest credit and debit card processing network benefited from consumers swiping their cards more, and authorized a new $500 million share repurchase program. The company expects adjusted earnings per share growth in the high teens for fiscal 2012. Net income for the first quarter rose to $1 billion, or $1.49 a share, from $884 million,

Street wary of Facebook surge

The proposed initial public offering (IPO) by social networking firm Facebook Inc has created an unusual cheer for the market. Touted as the largest public offer by an internet company, it has

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Hackers intercept FBI, Scotland Yard call

Trading jokes and swapping leads, investigators from the FBI and Scotland Yard spent the conference call strategizing about how to bring down the hacking collective known as Anonymous, responsible

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US changing visa rules to attract the highly-skilled
Washington: To make America more attractive to highly-skilled foreign students and workers, the United States has announced a series of reforms, including changes in the F-1 and H-1B visa rules, that

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Law enforcement websites under attack by hackers

Saboteurs stole passwords and sensitive information on tipsters while hacking into the websites of several law enforcement agencies worldwide in attacks attributed to the collective known as

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Hackers: We intercepted FBI, Scotland Yard call
A sensitive conference call between the FBI and Scotland Yard was recorded by the very people they were trying to catch, the hacking group known as Anonymous claimed Friday.

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