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Apple drives further into Facebook, Snap territory with video app

Apple drives further into Facebook, Snap territory with video app
Written by Louis Downey on 2017-03-22


SAN FRANCISCO With the release of a new video app called Clips, Apple Inc is inching one step closer to fully engaging in the messaging world, where its huge base of iPhone users could help it compete with Snap Inc's Snapchat and Facebook Inc's Messenger.Clips, which will hit Apple's App Store in April, lets customers take videos and add animated captions and titles, complete with colorful emoji...(Read More)

G20 to jointly fight bank sector hacking

G20 to jointly fight bank sector hacking
Written by Louis Downey on 2017-03-19


BADEN-BADEN, Germany The world's biggest economies will pledge to jointly fight cyber attacks on the global banking system, one of the biggest coordinated efforts yet to protect lenders since an $81 million heist of the Bangladesh central bank's account last year. Meeting in the German resort town of Baden-Baden, G20 finance chiefs will agree to fight attacks regardless of their origin and promise...(Read More)

Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand

Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand
Written by Louis Downey on 2017-03-16


WASHINGTON Wednesday's indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc (YHOO.O) provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between Moscow's security services and private Russian hackers. The indictment charges two officers of the FSB, Russia's Federal Security Service, and two hackers who allegedly worked hand-in-hand...(Read More)

Smart condo conundrum: Talk to appliances, or text them?

Smart condo conundrum: Talk to appliances, or text them?
Written by Louis Downey on 2017-03-13


SINGAPORE In today's so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon's (AMZN.O) Echo or Google's (GOOGL.O) Home.This voice-first market - combining voice with artificial intelligence (AI) - barely existed in 2014. This year, Voice Labs, a consultancy, expects 24.5 million appliances...(Read More)

WikiLeaks offers CIA hacking tools to tech companies: Assange

WikiLeaks offers CIA hacking tools to tech companies: Assange
Written by Louis Downey on 2017-03-09


WASHINGTON/SAN FRANCISCO Wikileaks will provide technology companies with exclusive access to CIA hacking tools that it possesses so they can patch software flaws, founder Julian Assange said on Thursday, presenting Silicon Valley with a potential dilemma on how to deal with the anti-secrecy group.If the offer is legitimate, it would place technology companies in the unusual position of relying on...(Read More)

Self-driving bus with no back-up driver nears California street

Self-driving bus with no back-up driver nears California street
Written by Louis Downey on 2017-03-06


SAN RAMON, Calif. A pair of $250,000 autonomous buses began driving around an empty San Francisco Bay Area parking lot on Monday, preparing to move onto a local public road in California's first pilot program for a self-driving vehicle without steering wheel or human operator.California and other states are weighing the opportunities of becoming a hub of testing a technology that is seen as the future...(Read More)

Uber used secret tool to evade authorities

Uber used secret tool to evade authorities
Written by Louis Downey on 2017-03-03


Ride services company Uber Technologies Inc [UBER.UL] for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday.The New York Times first reported the existence of the program, called Greyball, which uses data from the Uber app and other methods to identify and circumvent officials who aimed...(Read More)

Exclusive: Mexico may force Slim

Exclusive: Mexico may force Slim's America Movil to separate fixed unit - sources
Written by Louis Downey on 2017-02-28


MEXICO CITY Mexico's telecoms regulator has discussed forcing billionaire Carlos Slim to legally separate part of his fixed-line unit Telmex from the rest of the company, people familiar with the matter said, a move that would intensify antitrust rules against the company.Late on Monday, the regulator's seven-person board voted on whether to toughen, maintain or loosen rules against America Movil...(Read More)

Berkshire Hathaway gains $1.6 billion from its huge bite of Apple

Berkshire Hathaway gains $1.6 billion from its huge bite of Apple
Written by Louis Downey on 2017-02-25


NEW YORK Warren Buffett's Berkshire Hathaway Inc (BRKa.N) is sitting on more than $1.6 billion of gains in its investment in Apple Inc. (AAPL.O) after shares of the iPhone maker surged.Berkshire revealed that its massive stake in Apple stock, as of Dec. 31, had risen to 61.2 million shares for a total of $6.75 billion, an average of about $110.17 apiece, according to the annual report Saturday from...(Read More)





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