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Stock Market & Financial Investment News

News Breaks
June 2, 2014
18:27 EDTLLNW, AKAMLimelight Networks confirms favorable Supreme Court ruling in patent case
Limelight Networks announced that the Supreme Court of the United States has issued an opinion in case No. 12-786, holding that Limelight Networks is not liable for inducing infringement. Details of the opinion are available here. In the opinion by Justice Samuel Alito, the court reversed an August 2012 ruling by a divided U.S. Court of Appeals for the Federal Circuit that held that there could be liability for induced infringement in cases when no party directly infringed a patent claim. The original lawsuit was filed in 2006. Many companies, organizations, and individuals have filed amicus briefs with the high court on Limelight’s behalf. “We are pleased with the Supreme Court’s unanimous decision,” stated Bob Lento, Limelight’s CEO. “By promoting clear rules governing liability for patent infringement, the Supreme Court’s decision is a win not only for Limelight, but also for innovators throughout the country. We appreciate the support received from so many others, and look forward to full resolution. As always, we remain focused on building our business with innovative offerings, and on providing our customers with the highest quality of service.”
News For LLNW;AKAM From The Last 14 Days
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October 30, 2014
08:48 EDTAKAMAkamai shares should be bought on weakness, says Pacific Crest
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October 29, 2014
18:59 EDTAKAMOn The Fly: After Hours Movers
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17:45 EDTAKAMAkamai shares lower by almost 4% to $54.05 after Q3 results, guidance
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17:44 EDTAKAMAkamai sees Q4 EPS 61c-66c, consensus 62c
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17:19 EDTAKAMAkamai falls after results, levels to watch
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16:03 EDTAKAMAkamai reports Q3 EPS 62c, consensus 57c
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15:53 EDTAKAMNotable companies reporting after market close
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15:03 EDTAKAMAkamai volatility increases into Q3 and outlook
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14:54 EDTAKAMEarnings Preview: Akamai reports following recent downgrade at Wells Fargo
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October 23, 2014
06:51 EDTAKAMAkamai reports DDoS attack traffic up 22% year-over-year
Akamai Technologies released its Q3 State of the Internet Report. A brute force approach characterized the most significant campaigns in Q3 as attackers shifted towards new attack methods and enhanced older attack methods to consume more bandwidth. These record‑setting DDoS attack campaigns marked an 80% increase in average peak bandwidth in Q3 compared to the previous quarter and a four-fold increase from the same period a year ago. Q3 also saw an increase in average peak packets per second, recording a 10% increase over the previous quarter and a four-fold increase compared the same quarter in 2013. Malicious actors have found ways to involve a wider base of devices to expand DDoS botnets and produce larger DDoS attacks. PLXsert has observed botnet-building efforts in which malicious actors sought to control systems by gaining access through vulnerable web applications on Linux-based machines. Attackers have also expanded to a new class of device including smartphones and embedded devices, such as customer-premises equipment, or CPE, home cable modems, mobile devices, and a great variety of Internet-enabled devices including home-based and wearables within the category of the Internet of Things, or IoT. Attacks with both high bandwidth and high volume were made possible by the use of multi-vector attack methods. More sophisticated, multi-vector attacks became the norm this quarter, with more than half of all attacks utilizing multiple attack vectors. This was an 11% increase in multi-vector attacks compared to last quarter, and a nine percent increase compared to 3Q13. Multi-vector attacks have been fueled by the increased availability of attack toolkits with easy-to-use interfaces as well as a growing DDoS-for-hire criminal industry.

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