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U.N. summit implodes as U.S., others spurn Internet treaty

In a stunning repudiation of a United Nations summit, an alliance of Western democracies including the United States, the United Kingdom, and Canada today rejected a proposed treaty over concerns it hands repressive governments too much authority over the Internet.

"This conference was never meant to focus on Internet issues," said ambassador Terry Kramer, head of the U.S. delegation to the Dubai summit. "The Internet has given the world unimaginable economic and social benefit during these past 24 years -- all without U.N. regulation."

Delegates from the Netherlands, New Zealand, Denmark, Sweden, the Philippines, … Read more

Hackers target carbon emissions trading market

In a digital heist reminiscent of a John le Carré novel, more than $9 million worth of greenhouse-gas emissions permits were stolen from the Czech Republic electricity and carbon trading registry this week and transferred to accounts in other countries, at the same time as the Prague-based registry office was evacuated due to a bomb threat.

That electronic theft, the latest in a series of security breaches affecting the market for carbon emissions, led the European Commission to suspend transactions in national European Union registries on Wednesday for a week.

"Three attacks have taken place since the beginning … Read more