Adam Mudd was just 16 years old when he created his Titanium Stresser programme.

Investigators found more than 800 rounds of ammunition in the car of the man accused of scaling the White House fence and sprinting inside the building, a US prosecutor said today. A machete and two hatchets also were found.

The axed chief executives of America’s mortgage giants Fannie Mae and Freddie Mac will be barred from severance payments of up to £12m (€15.1m).

Wall Street scored a moderate gain after a volatile session today that saw the major indexes ratchet up and down on the see-sawing price of oil and mixed feelings about the financial sector.