Stories by David Legard and Stephen Lawson

Love Letter Worm Rated Most Damaging Ever

The Love Letter computer worm launched yesterday at approximately 3 a.m. Eastern U.S. time by a teenager in the Philippines is by far the worst, most expensive, most pervasive and most damaging virus in history, according to Internet security company ICSA.net.

Asia Tech Stocks Take a Beating

IT and telecommunications companies in Asia bore the brunt of a market sell-off that saw bourses in almost every country in the region fall, many by around 10 percent from their Friday close.