Technology news

• Florida programmer sentenced to 16 months for bitcoin exchange scheme

  20-10-2017 23:47
  NEW YORK (Reuters) - A Florida software engineer was sentenced to 16 months in prison on Friday after being found guilty of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities.
  
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• Snap lays off 18 employees in recruiting division

  20-10-2017 23:26
  SAN FRANCISCO (Reuters) - Social media company Snap Incsaid on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc .
  
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• Mastercard launches its own blockchain payments network

  20-10-2017 23:04
  Following others in the financial services industry, Mastercard unveiled its own blockchain distributed ledger for cross-border payments.
  
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• Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

  20-10-2017 22:46
  SAN FRANCISCO (Reuters) - Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters.
  
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• Bitcoin soars to record high above $6,000

  20-10-2017 21:55
  NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.
  
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• Consumer Reports says Tesla misunderstands 'positive' Model 3 rating

  20-10-2017 21:26
  DETROIT (Reuters) - Consumer Reports said on Friday that Tesla Inchad apparently misunderstood the "average" reliability rating the magazine assigned to the electric carmaker's Model 3 sedan this week, calling it generally "positive" for an all-new vehicle.
  
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• Whole Foods says hacking incident resolved

  20-10-2017 20:46
  (Reuters) - Amazon.com Inc'sWhole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen.
  
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• China is Leading the Next Revolution in Mobile Technology - Futurism

  20-10-2017 19:26 via futurism.com
  Futurism
  China is Leading the Next Revolution in Mobile Technology
  Futurism
  CSS Insights predicts 1 billion people will be using 5G connections by 2023, with China accounting for half of all 5G users as early as 2022. 5G adoption is expected to be faster than 4G, but several factors could impede its progress.and more »
  
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• Walmart Has Seen the Future, and It's VR Shopping - MIT Technology Review

  20-10-2017 19:13 via technologyreview.com
  MIT Technology Review
  Walmart Has Seen the Future, and It's VR Shopping
  MIT Technology Review
  Forget the stores; just grab your headset. Retail Dive reports that the world's biggest retailer held a glitzy gala event in Los Angeles Thursday night to showcase the way it thinks people will buy its wares in the future. And that way, it seems, ...
  
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• Apple hit with trademark lawsuit over iPhone X 'animoji' feature

  20-10-2017 18:56
  NEW YORK (Reuters) - A Japanese software company is suing Apple Incin a U.S. court over the trademark for the term "animoji", alleging the U.S. technology company stole the name to use on a feature of its iPhone X.
  
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• Transport Research Lab to run £13m autonomous vehicle trials in London

  20-10-2017 17:14 via computerweekly.com
  A consortium led by the Transport Research Lab has been awarded government funding to run connected and autonomous vehicle tests in the capital
  
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• FIFA at the forefront of broadcast technology - FIFA.com

  20-10-2017 16:22 via fifa.com
  FIFA.com
  FIFA at the forefront of broadcast technology
  FIFA.com
  FIFA TV has a proud legacy of pioneering new broadcast technology at FIFA tournaments to ensure that football fans around the world can enjoy the best quality sports coverage. The 2018 FIFA World Cup Russia™ will be no different, with FIFA pushing the ...and more »
  
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• DNA techniques could transform facial recognition technology - The Conversation UK

  20-10-2017 15:36 via theconversation.com
  The Conversation UK
  DNA techniques could transform facial recognition technology
  The Conversation UK
  Jean-Christophe Nebel does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.and more »
  
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• Japan's SoftBank Plans a Second Giant Technology Fund - Wall Street Journal

  20-10-2017 15:15 via wsj.com
  Wall Street Journal
  Japan's SoftBank Plans a Second Giant Technology Fund
  Wall Street Journal
  TOKYO— SoftBank Group Corp. 9984 0.74% , which runs what is already the world's biggest technology investment fund, is planning to create a second fund that could be even larger, according to people close to the Japanese telecommunications and ...
  
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• XPO Logistics adding 6,000 holiday workers on e-commerce outlook

  20-10-2017 14:33
  SEATTLE (Reuters) - XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries.
  
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• Mobile networks accused of overcharging loyal customers

  20-10-2017 14:00 via computerweekly.com
  EE, Three and Vodafone are continuing to charge customers for their smartphones after the devices have been paid off, according to a new report
  
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• Designing the technology of 'Blade Runner 2049' - Engadget

  20-10-2017 14:00 via engadget.com
  Engadget
  Designing the technology of 'Blade Runner 2049'
  Engadget
  Before leaving the room, K asks if he can take a closer look. The blade runner -- someone whose task it is to hunt older replicants -- dances over the controls, hunting for a clue. As he zooms in, the screen changes in a circular motion, as if a series ...and more »
  
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• New scanning technology to 'revolutionise' back surgery - 9news.com.au

  20-10-2017 13:01 via 9news.com.au
  New scanning technology to 'revolutionise' back surgery
  9news.com.au
  New scanning technology is being used to help doctors operate on back pain patients with greater confidence and precision. St Vincent's Private Hospital in Sydney is the first in New South Wales to acquire the new mobile scanner that produces images ...
  
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• Inside the thriving ransomware market

  20-10-2017 12:00
  Researchers at Carbon Black examined the Ransomware market and discovered some interesting facts about the booming criminal economy. Mirroring some of the legal technology markets, such as those for software development, the market for Ransomware is dominated by unique custom solutions and turnkey offerings.
  
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• Artificial intelligence commission needed to predict impact, says CBI - The Guardian

  20-10-2017 07:01 via theguardian.com
  The Guardian
  Artificial intelligence commission needed to predict impact, says CBI
  The Guardian
  More than 10 million workers in the UK may be at risk of being replaced by automation, says PwC. Photograph: Ryan Etter/Getty Images/Ikon Images. Artificial intelligence (AI). Artificial intelligence commission needed to predict impact, says CBI ...and more »
  
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• Boeing invests in autonomous flight technology maker Near Earth Autonomy - ZDNet

  20-10-2017 06:52 via zdnet.com
  ZDNet
  Boeing invests in autonomous flight technology maker Near Earth Autonomy
  ZDNet
  Boeing's venture capital unit HorizonX is continuing its investment in autonomous technologies, recently backing Near Earth Autonomy, a Pittsburgh-based company that develops technologies to enable safe and reliable autonomous flights. The aerospace ...
  Boeing Invests in Drone Startup in Push for Automated TechnologyBloombergall 39 news articles »
  
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• Business merger aims to drive livestock water medication technology to new level - Beef Central

  20-10-2017 06:27 via beefcentral.com
  Beef Central
  Business merger aims to drive livestock water medication technology to new level
  Beef Central
  TWO well-known companies with a long history in the field of water medication of livestock across Queensland and the Northern Territory have joined forces, in a move designed to lift overall adoption of the technology. The new business represents a ...
  
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• Technology stocks suffer broad decline - Sky News Australia

  20-10-2017 05:32 via skynews.com.au
  Sky News Australia
  Technology stocks suffer broad decline
  Sky News Australia
  Wall Street fell sharply on Thursday, pulling back from record highs, amid a broad decline that was led by technology stocks and disappointing quarterly reports from major companies. Apple dropped 2.4 per cent on growing worries about slack demand for ...and more »
  
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• DXC Technology launches legal action against Data#3 - ARNnet

  20-10-2017 02:47 via arnnet.com.au
  ARNnet
  DXC Technology launches legal action against Data#3
  ARNnet
  DXC Technology has pulled Data#3 into the legal action it is taking against several former employees from its Connect business over alleged confidentiality breaches. DXC Technology launched the legal action earlier this year against several members of ...and more »
  
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• Merck cyber attack may cost insurers US$275 million

  20-10-2017 02:26
  Insurers could pay US$275 million to cover the insured portion of drugmaker Merck & Co's loss from a cyber attack in June, according to a forecast by Verisk Analytics Inc's Property Claim Services (PCS) unit.
  
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• People’s Choice Credit Union appoints inaugural CIO

  20-10-2017 02:04
  Australia’s second-largest credit union, People’s Choice, has appointed its first chief information officer.
  
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• Weak iPhone 8 demand drags Apple shares down

  20-10-2017 01:19
  ​Apple’s shares fell nearly three per cent on Thursday on signs of weak demand for the iPhone 8.
  
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• Govt strikes major strategic deal with SAP

  20-10-2017 01:11
  The Govt has struck a new strategic procurement arrangement with SAP Australia in a bid to see savings on IT products and services.
  
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• US lawmakers want crackdown on Facebook, Twitter political ads

  20-10-2017 00:20
  U.S. lawmakers, alarmed that foreign entities used the internet to influence last year's election, introduced legislation on Thursday to extend rules governing political advertising on television, print and radio to also cover social media.
  
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