Archive for the ‘TECHNOLOGY’ Category

U.S. Informs 21 States They Were Targeted By Attempted Russian Hacking

Friday, September 22nd, 2017

The Department of Homeland Security gave election officials in nearly two dozen states additional information on Russian targeting of their election systems last year, ending months of uncertainty among administrators about which states were targeted.

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London Commuters Surprised by Transport Threat to Stop Uber Service

Friday, September 22nd, 2017

Commuters in this city of congested, narrow streets, overcrowded buses, sometimes-creaky subways and high-priced taxis are now facing the threat of yet another transportation woe. No more Uber?

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N.Y. Company Accused of Running Bitcoin Ponzi Scheme

Friday, September 22nd, 2017

The CFTC has accused New York company Gelfman Blueprint of operating a bitcoin-related Ponzi scheme, in the regulator’s first fraud-related action involving the cryptocurrency.

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Rogue Traders Could Take Advantage of Hacking

Friday, September 22nd, 2017

A hack into the Securities and Exchange Commission is raising fears that filings from thousands of companies could be available to rogue traders eager to profit from market-moving information before the agency makes it public.

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Why Slow iPhone 8 Sales May Be Good for Apple

Friday, September 22nd, 2017

When new iPhones hit the market, they usually fly off the shelves. But with the two models that began selling Friday, there are signs demand is tepid—and some analysts say that could be a good thing for Apple Inc.

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Telia to Pay Nearly $1 Billion to Settle Uzbek Bribery Claims

Thursday, September 21st, 2017

Swedish telecoms firm Telia Company AB agreed to pay nearly $1 billion to U.S. and Dutch authorities to settle allegations that the company and a subsidiary paid about $331 million in bribes in Uzbekistan.

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Have Bitcoin, Can’t Travel: Crackdown Grounds Cryptocurrency Executives

Thursday, September 21st, 2017

China’s escalating war on bitcoin trading resulted in a travel ban of sorts for two executives from the country’s largest commercial exchanges.

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SoFi Faces New Sexual Harassment Claim Days After CEO’s Departure

Thursday, September 21st, 2017

A former employee of embattled online lender Social Finance Inc. accused the company of tolerating sexual harassment in a lawsuit filed Thursday.

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Top SEC Officials Only Recently Told of 2016 Filings Hack

Thursday, September 21st, 2017

The Securities and Exchange Commission’s top officials weren’t told until recently about a 2016 cyberattack that penetrated its system for public-company filings, raising questions about how the breach was initially handled.

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Facebook to Release Russian-Linked Ads to Congressional Investigators

Thursday, September 21st, 2017

Facebook has struck a deal with Congress to share Russia-backed ads purchased during the U.S. presidential campaign with congressional investigators, capitulating to political pressure.

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U.N. Aviation Arm Seeks to Establish Global Drone Guidelines

Thursday, September 21st, 2017

Prompted by the proliferation of drones, international aviation authorities on Friday will kick off a first-of-its-kind symposium soliciting industry ideas about potential global operating standards.

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Top Uber Investor Resists SoftBank Deal

Thursday, September 21st, 2017

As Uber Technologies works to finalize a potential multibillion-dollar investment deal with Japan’s SoftBank, one of the ride-hailing giant’s earliest and biggest shareholders has indicated it doesn’t intend to sell.

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Amazon Puts Whole Foods on Fast Track to Conventional Supermarket

Thursday, September 21st, 2017

Whole Foods will change the way companies can sell and market their products beginning next year, banning ‘brand advocates’ from stores and pushing sellers to pitch to the grocer’s Austin, Texas headquarters.

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A Lesson for Tech Giants: With Great Power Comes Great Responsibility

Thursday, September 21st, 2017

China’s internet companies touch more aspects of people’s lives than any other sector. But they’re ill-prepared for the expectations of social responsibility that come with their influence and power, say industry experts and social activists.

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Lawmakers Have a Model for Political Ads on Facebook: Broadcasters

Thursday, September 21st, 2017

The company is suddenly in the crosshairs of lawmakers pushing to crack down on exemptions that allow social-media companies to operate beyond the norms of political campaigns.

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EU Preps Tax Crackdown on Silicon Valley

Thursday, September 21st, 2017

The European Union said it is ready to propose new tax taxes on companies like Facebook and Google by next spring if there isn’t “adequate global progress” toward a rewrite of corporate tax rules at an international level.

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SEC Says Hackers Breached System, Accessed Data

Thursday, September 21st, 2017

Hackers breached the filing system of the U.S. Securities and Exchange Commission and may have accessed “nonpublic information” for profit, the agency said in a statement late Wednesday.The SEC, which…Photo Credit: Getty Images, File

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App Helps Students Pick NYC Public High Schools

Wednesday, September 20th, 2017

As New York City students gear up to apply to public high schools for next fall, a free mobile app aims to steer disadvantaged students away from low-performing choices.

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SEC Discloses Edgar Corporate Filing System Was Hacked in 2016

Wednesday, September 20th, 2017

The SEC disclosed that hackers penetrated its electronic system for storing public-company filings and may have traded illegally on the information.

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Hackers Entered Equifax Systems in March

Wednesday, September 20th, 2017

Hackers roamed undetected in Equifax’s computer network for more than four months before its security team uncovered the massive data breach, the security firm FireEye Inc. said in a confidential note sent to some Equifax customers.

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Google Is Set to Buy Part of Taiwanese Phone Maker HTC

Wednesday, September 20th, 2017

Alphabet Inc.’s Google is set to buy part of struggling Taiwanese smartphone maker HTC Corp., according to people familiar with the situation, part of the search giant’s latest effort to crack the handset market.

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Nvidia’s Gains Are Real, Not Virtual

Wednesday, September 20th, 2017

Virtual money got real enough for Nvidia of late. But investors are right to focus on the chip maker’s more tangible opportunities.

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Emerging Markets Soar Thanks to Tech Stocks

Tuesday, September 19th, 2017

A small group of technology shares are pushing major stock indexes to new highs. That’s been true for a while with the S&P 500. Now it’s playing out the same way in emerging markets.

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iOS 11 Is Here… Try These Hidden Tricks for Your iPhone

Tuesday, September 19th, 2017

You don’t need a fancy new iPhone to benefit from many of the latest OS tricks.

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Lawmaker Seeks Consensus on Online Sex-Trafficking Bill

Tuesday, September 19th, 2017

A key Senate committee chairman urged internet companies to reach a deal on legislation to combat online sex trafficking, pressuring the technology industry to help forge a consensus on a bill it has largely opposed.

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After-Hours Company Visit Spurs Espionage Charges

Tuesday, September 19th, 2017

A man’s after-hours visit to a medical-technology startup near Boston marks the latest economic-espionage case alleging attempted theft of trade secrets from U.S. companies.

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Companies Help Schools Teach Students How to Work for Them

Tuesday, September 19th, 2017

Some companies are so set on having workers who know just how their computer systems work that they’re partnering with schools to start or invest in job training programs of their own, NBC News reported.Call…Photo Credit: Drew Angerer/Getty Images, File

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The iPhone 8 Isn’t the Upgrade You’re Looking for

Tuesday, September 19th, 2017

The best thing about the iPhone 8 is that it is entirely avoidable. If you need to have the latest and greatest, wait for the iPhone X. And if you don’t, you can save a chunk of cheese by buying a nearly-as-good iPhone 7.

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Venture-Capital Group Sues Trump Administration Over Immigration Rule

Tuesday, September 19th, 2017

A group representing U.S. venture-capital investors is leading a lawsuit against the Trump administration, claiming it took illegal steps to prevent an immigration policy that would have helped foreign-born founders stay in the U.S. to build startups.

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Nintendo Deal With Tencent Paves Way for China Push

Tuesday, September 19th, 2017

Nintendo has had relatively limited business in China. Now a deal with Tencent has investors excited at the prospect that Nintendo’s Switch console and smartphone games could take off in one of the world’s biggest game markets.

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