Supermarket giant Tesco has suspended some parts of its online banking system after it detected attempts to steal cash from customers’ accounts. It said it spotted “suspicious transactions” on 40,000 accounts over the weekend, with money reportedly taken from about half of them. Tesco has declined to elaborate on what ... Read More »
WikiLeaks founder Julian Assange denied Thursday that the Russian government or any other “state parties” were his group’s source for more than 50,000 hacked emails from the files of Hillary Clinton’s campaign chairman, John Podesta. In separate statements from WikiLeaks and in an interview with a television network supported by ... Read More »
When U.S. presidential hopeful Hillary Clinton was found to have used a private email server for government business as Secretary of State, there was a collective gasp of disbelief. That disbelief quickly turned into horror when it was later revealed that she did not even protect her office computer with ... Read More »
It can go more than 200 miles on battery power and it costs less than the average new vehicle in the U.S. But in an era of $2 per gallon gasoline, the Chevrolet Bolt probably won’t do a whole lot to shift America from gasoline to electricity. General Motors has ... Read More »
If you’re reading about the US election, some of that news is likely to come to you from a “bot.” Automated systems known as “bots” or “robo-journalism” have been around for years, but they are playing a bigger role in coverage this year amid technology advances and stretched media resources. ... Read More »
In 2011, Nicholas Carr summed up Facebook’s business model like this: “The desire for privacy is strong; vanity is stronger.” Carr spent the past dozen or so years making similar proclamations of high-tech heresy, questioning and often criticizing Silicon Valley billionaires and their armies of engineers and programmers for casting ... Read More »
Publishers are having second thoughts about using content-recommendation services, an industry dominated by two Israeli companies, The New York Times reported. The recommendations, which typically appear at the bottom of a story touting other articles from “around the web,” recently stopped appearing in Slate and The New Yorker amid concerns ... Read More »
It said that advances in the internet of things, autonomous vehicles, 3D printing, energy storage and quantum computing among others technologies “may transform the lives of everyone”. “These transformations wrought by these and other technological developments may mean that some businesses and products could become obsolete relatively quickly. “Successor businesses ... Read More »
The developed world may be facing another Malthusian moment. The first came at the end of the 18th century, when Thomas Malthus predicted dire consequences for humanity if population trends continued on their trajectory. But along came something no one predicted: technology that helped humans use resources more efficiently and ... Read More »
IBM has acquired Sanovi Technologies in order to ramp up the firm’s hybrid cloud disaster recovery facilities. Big Blue announced the buyout on Wednesday, stating the deal will “enhance IBM resiliency capabilities with the help of advanced analytics to meet complexities of hybrid environments.” Financial terms of the purchase were ... Read More »
Microsoft is getting artsy. The tech giant unveiled tools for artists and designers on Tuesday in Manhattan, including a smartphone app that allows users to scan 3D images of everyday objects and move them around in virtual or “mixed” reality. Satya Nadella, Microsoft’s CEO, said he anticipated a greater market ... Read More »
Jack Ma knows a thing or two about technological innovation and disruption. The founder and executive chairman of Alibaba Group has built it into the world’s fifth-largest Internet company by revenue. In a letter to shareholders earlier this month, he had this to say: “Throughout history, technological disruptions have followed ... Read More »
