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The law and law enforcement agencies are geographically organized but the use of Internet by cyber criminal knows no boundaries, a security analyst said.

Mike Small, a senior security analyst at Kuppinger Cole, said that Cloud services are attractive to hackers as they are not only cheap to set up and easy to use but also because they usually need only a credit card to get access.

Bed Bath & Beyond Inc has said that it ha recorded a lower than expected quarterly net income indicating that the retailer recorded a slow sale season.

The shares of the company fell the most in a period of 18 months after the retailer forecast lower profit for the fourth quarter than expected by market analysts.  Its net income was recorded at $237.2 million, or $1.12 a share during the third quarter till 30 November, 2013, Bed Bath & Beyond said in a statement.

According to the latest figures released, the total number of Americans seeking unemployment benefits from the state fell 15,000 to a seasonally adjusted 330,000 during the previous week.

The figures released by the Labor Department also showed that the more stable four-week average fell to 9,750 to 349,000.  Experts have said that there are no indication that snow and freezing weather across the country affected the figures.

Sears Holdings Corp shares have fallen during the extended trading yesterday after the company said that is expected to record a loss during the fourth quarter.

The retailer said that it has recorded lower sales during the key holiday season as the households faced pressure to cut expenses as wages increased lower than inflation.  The Hoffman Estates, Illinois-based company said yesterday in a statement that the loss would fall to $250 million to $360 million during the quarter till 1 February, 2014.

A unit of Alcoa as pleaded guilty of  bribing officials in Bahrain, including members of the royal family, in order to obtain contracts in that country.

The company admitted in the federal court that it was involved in the bribery case that was to win a contract to supply deal that was part of a scheme involving an elaborate system of shell companies and a consultant.  The deal resulted in nearly a half-billion dollars in profits for the Alcoa's company during the four year period.

Drone-maker Parrot lengthened its robotic lineup by adding two new robotic machines to it - the MiniDrone and the Jumping Sumo.

Unveiled at the ongoing Consumer Electronics Show (CES) in Las Vegas, the MiniDrone is a small quadcopter capable of flying in the air while the Jumping Sumo is a two-wheeled robot that is more suited for the ground.

The MiniDrone has numerous sensors that ensure its stability in the air as users control it using a smartphone or tablet PC via Bluetooth Low Energy. This quadcopter can pull off loops and follow some autopilot commands. It also has an embedded camera.