Tuesday, June 25, 2013

Malicious Android app holds devices hostage, demands a $100 ransom

By Nadia Damouni and Siddharth Cavale (Reuters) - Tensions started rising at Men's Wearhouse Inc over the past six months, as founder and executive chairman George Zimmer increasingly butted heads with his handpicked CEO over the clothing retailer's strategy. CEO Doug Ewert wanted to sell the company's K&G Fashion Superstore business, while Zimmer wanted to keep it, two sources familiar with the situation said. Zimmer also objected to rising compensation for top executives, including Ewert, while the board thought it was appropriate, the sources said. Zimmer, who is known to U.S. ...

Source: http://news.yahoo.com/malicious-android-app-holds-devices-hostage-demands-100-173041278.html

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