Features

EU demands urgent talks on European laptop ban extension

EU demands urgent talks on European laptop ban extension

Written by on May 12, 2017 in Features with 0 Comments

The European Union has demanded urgent talks with the United States over a possible extension to some European countries of a US ban on airline passengers taking laptops into cabins, saying any security threats faced are common. The Trump Administration is likely to extend the ban already applicable to flights originating from 10 specific airports […]

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Sovereign wealth funds go hunting Unicorns in Silicon Valley

Sovereign wealth funds go hunting Unicorns in Silicon Valley

Written by on May 12, 2017 in Features with 0 Comments

LONDON (Reuters) – Sovereign investors are sinking more money into tech start-ups and opening offices in Silicon Valley in the hope of bagging a “unicorn” – the rare private firm that grows in value to over $1 billion. Sovereign wealth funds (SWFs), which run over $6.59 trillion in assets, hope that investing at an early […]

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As US rules tighten, Chinese look to Israel to invest in tech

As US rules tighten, Chinese look to Israel to invest in tech

Written by on May 11, 2017 in Features with 0 Comments

HONG KONG/TEL AVIV (Reuters) – Struggling to seal deals in the United States as regulatory scrutiny tightens, Chinese companies looking to invest in promising technology are finding a warmer welcome for their cash in Israel. Chinese firms have long hunted in the United States for deals to develop their technological know-how and open up new […]

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Amazon is winning the price tracking race with clever bots

Amazon is winning the price tracking race with clever bots

Written by on May 10, 2017 in Features with 0 Comments

SAN FRANCISCO (Reuters) – Earlier this year, engineers at Wal-Mart Stores Inc who track rivals, such as Amazon, online got a rude surprise: the technology they were using to check Amazon.com several million times a day suddenly stopped working. Losing access to Amazon.com Inc’s data was no small matter. Like most big retailers, Wal-Mart relies […]

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Facebook to fix violent video problem with, um, real humans

Facebook to fix violent video problem with, um, real humans

Written by on May 5, 2017 in Features with 0 Comments

SAN FRANCISCO (Reuters) – Facebook Inc will hire 3,000 more people over the next year to speed up the removal of videos showing murder, suicide and other violent acts, in its most dramatic move yet to combat the biggest threat to its valuable public image. The hiring spree, announced by Chief Executive Mark Zuckerberg on […]

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Hackers were hacking Windows even as Microsoft fixed the problem

Hackers were hacking Windows even as Microsoft fixed the problem

Written by on April 27, 2017 in Features with 0 Comments

SAN FRANCISCO (Reuters) – To understand why it is so difficult to defend computers from even moderately capable hackers, consider the case of the security flaw officially known as CVE-2017-0199. The bug was unusually dangerous but of a common genre: it was in Microsoft software, could allow a hacker to seize control of a personal […]

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Singapore’s M1 looking for buyers, private equity and China Mobile

Singapore’s M1 looking for buyers, private equity and China Mobile

Written by on April 21, 2017 in Features with 0 Comments

SINGAPORE (Reuters) – Top shareholders in Singapore telecoms company M1 Ltd have approached potential buyers China Mobile and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar with the matter said. The three main shareholders of Singapore’s smallest listed telecoms player, who own a combined 61 percent, […]

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Banks scramble to update legacy IT systems to avoid meltdown

Banks scramble to update legacy IT systems to avoid meltdown

Written by on April 10, 2017 in Features with 0 Comments

NEW YORK (Reuters) – Bill Hinshaw is not a typical 75-year-old. He divides his time between his family – he has 32 grandchildren and great-grandchildren – and helping U.S. companies avert crippling computer meltdowns. Hinshaw, who got into programming in the 1960s when computers took up entire rooms and programmers used punch cards, is a […]

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The quest to create artificial life is now a multi billion dollar business

The quest to create artificial life is now a multi billion dollar business

Written by on April 7, 2017 in Features with 0 Comments

LONDON (Reuters) – Scientists are getting closer to building life from scratch and technology pioneers are taking notice, with record sums moving into a field that could deliver novel drugs, materials, chemicals and even perfumes. Despite ethical and safety concerns, investors are attracted by synthetic biology’s wide market potential and the plummeting cost of DNA […]

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Wikileaks revelations kick Cisco into action to patch security flaws

Wikileaks revelations kick Cisco into action to patch security flaws

Written by on March 29, 2017 in Features, News with 0 Comments

SAN FRANCISCO (Reuters) – When WikiLeaks founder Julian Assange disclosed earlier this month that his anti-secrecy group had obtained CIA tools for hacking into technology products made by U.S. companies, security engineers at Cisco Systems swung into action. The Wikileaks documents described how the Central Intelligence Agency had learned more than a year ago how […]

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