Apple got up to 5,000 US data requests in 6 months
Apple received over the last six months between 4,000 and 5,000 requests for customer data from US law enforcement authorities relating to criminal investigations and security matters, the company said on Monday. Microsoft and Facebook published similar data last week after reaching a deal about disclosures with US security authorities. We have asked the US government for permission to report how many requests we receive related to national security and how we handle them. We have been authorised to share some of that data, Apple said. In a statement posted on its website, Apple said the requests from federal, state and local authorities were received from December 1, 2012, to May 31 and between 9,000 and 10,000 accounts or devices were specified. The most common form of request came from police probing crimes, searching for missing children, trying to locate a patient with Alzheimer's disease, or hoping to prevent a suicide, it said.
German wages rise, exports offer hope for euro zone
German wages rose at their fastest pace in almost four years at the start of 2013 and euro zone exports jumped in April, giving the bloc a basis for a recovery from its long recession. Nominal hourly labour costs rose 3.9% in Germany in the first quarter, the EU's statistics office Eurostat said on Monday, faster than the overall euro zone rate of 1.6%. It was Germany's biggest jump since the first three months of 2009. In another positive sign, euro zone exports to the rest of the world grew 9% in April while imports only rose 1%.
Co-op Bank agrees bail-in rescue plan
Britain's Co-operative Group has agreed a plan to plug a 1.5-billion-pound ($2.4 billion) capital hole at its bank which forces bondholders to pay part of the bill, avoiding a repeat of the taxpayer-funded bailouts staged during the financial crisis. Using a bail-in model, bondholders must swap their debt for new bonds and equity in the bank to be listed on the London Stock Exchange, while the Co-op Group, Britain's biggest customer-owned business, will also provide financial support for its banking unit, the Co-op said on Monday. The banks future has been in question since Moody's cut the lender's credit rating to junk.
Suzuki to return to MotoGP championship in 2015
Suzuki will return to the MotoGP championship in 2015, the Japanese manufacturer announced ahead of a test of its prototype bike in Spain on Monday. Suzuki, who won 500cc world titles with the likes of Briton Barry Sheene, and Americans Kevin Schwantz and Kenny Roberts Jr, pulled out in 2011 saying they needed to reduce costs in the face of the global downturn. They said at the time they hoped to return in 2014. The manufacturer on Monday joined an official MotoGP test at Barcelona's Circuit de Catalunya and said they would continue to test inside and outside Japan after that.