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By Thomas Escritt and Jim Finkle AMSTERDAM/BOSTON (Reuters) - Europol said a global effort led by Microsoft Corp to stop one of the world's biggest cybercrime rings has succeeded in wiping out the malicious computer networks that the gang used, known as the Citadel Botnets. Microsoft's Digital Crimes Unit, with help from authorities in more than 80 countries, on Wednesday cut off the servers controlling as many as 5 million infected PCs that belonged to the Citadel cyber crime operation, which is believed to have stolen more than $500 million from bank accounts over the past 18 months. ...
By Dave Warner PHILADELPHIA (Reuters) - Rescue workers on Thursday ended their search for survivors of a downtown Philadelphia building collapse, a day after a structure under demolition collapsed on shoppers and staff at a neighboring thrift store, killing six people and injuring 14 others. The effort was called off at 4:30 p.m. EDT, following an around-the-clock search for life amid a mountain of crumbled concrete and splintered wood, said Fire Commissioner Lloyd Ayers. ...
By Mark Hosenball and John Whitesides WASHINGTON (Reuters) - The Obama administration on Thursday defended its collection of the telephone records of millions of Americans as part of U.S. counterterrorism efforts, re-igniting a fierce debate over privacy even as it called the program critical to warding off an attack. The admission came after Britain's Guardian newspaper published on Wednesday a secret court order authorizing the collection of phone records generated by millions of Verizon Communications customers. ...
By Kevin Yao BEIJING (Reuters) - China's new leaders have adopted a greater tolerance for a slowdown in the economy than their predecessors and are likely to allow quarterly growth to slip as far as 7 percent before triggering fresh stimulus to lift activity, sources say. The government of President Xi Jinping and Premier Li Keqiang has flagged for some time that the rapid GDP growth of the past three decades needed to shift down a gear as the economy moves towards consumer-led expansion. ...