Kaspersky to shutter US operations after government bans software

NEW YORK CITY, New York: Weeks after the Commerce Department banned the use of cybersecurity firm Kaspersky's software, the company said it was shutting down all its operations in the U.S.

A statement from the Moscow company said it would "gradually wind down" its U.S. operations from July 20. Fewer than 50 employees would be rendered jobless.

"Kaspersky has been operating in the U.S. for close to 20 years,