News bites: UK destroyed Guardian hard drives

The Guardian's editor explains that U.K. officials raided the newspaper's office and destroyed hard drives in a bid to stop further leaks. 

The tech industry is in a slump, according to the Los Angeles Times.

LinkedIn is dropping its minimum age to 14 with "University Pages," The Wall Street Journal reports.  

LightSquared investor Phil Falcone agreed to a five-year ban from the hedge fund industry in a settlement with regulators, Bloomberg writes.