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LAST_UPDATEThu, 24 Aug 2017 9am

Tesla Seeks $1.5 Billion Junk Bond Issue To Fund Model 3 Production

Tesla Model 3

DETROIT - Tesla Inc (TSLA.O) said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan.

Read more: Tesla Seeks $1.5 Billion Junk Bond Issue To Fund Model 3 Production

Computer Expert Who Helped Stop WannaCry Cyber Attack Could Face 40 Years In US Prison

Marcus Hutchins.

LOS ANGELES -- Marcus Hutchins, a young British computer expert who helped shut down the WannaCry ransomware attack in May, could face a maximum of roughly 40 years in jail in the United States for writing and spreading a malicious software that targeted bank accounts, China's Xinhua news agency reported.

Read more: Computer Expert Who Helped Stop WannaCry Cyber Attack Could Face 40 Years In US Prison

PICKnGO Makes It Easier For Public To Book Taxis

KUALA LUMPUR -- Members of the public who want to book a taxi will now find it an easy ride with the new application, PICKnGO.

Read more: PICKnGO Makes It Easier For Public To Book Taxis

Cyber Threats Prompt Return Of Radio For Ship Navigation

LONDON - The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology.

Read more: Cyber Threats Prompt Return Of Radio For Ship Navigation

WeWork To Invest $500 Million To Expand In Southeast Asia, South Korea

HONG KONG - New York-based startup WeWork on Monday said it will invest $500 million in Southeast Asia and South Korea in its latest effort to tap growing demand for shared office space in Asia.

Read more: WeWork To Invest $500 Million To Expand In Southeast Asia, South Korea

Protect The White Hat Hackers Who Are Just Doing Their Jobs

The great irony of defending the world against malware is it requires security researchers to, well, mess with malware. This often leads them into gray areas, where something they might consider legitimate investigation or essential software development could, in the eyes of the law, be seen as criminal behavior.

Read more: Protect The White Hat Hackers Who Are Just Doing Their Jobs

UK Government Sets Out Tougher Guidelines To Protect Smart Cars From Hackers

Traffic flows along the M56 motorway as the sun sets near Manchester, northern England February 15, 2016

LONDON- The British government issued new guidelines on Sunday requiring manufacturers of internet-connected vehicles to put in place tougher cyber protections to ensure they are better shielded against hackers.

Read more: UK Government Sets Out Tougher Guidelines To Protect Smart Cars From Hackers

U.S. Cable Firms Embrace Former Foe Netflix As TV Viewing Shifts

Pic: ReutersA growing number of U.S. cable operators are forming alliances with Netflix Inc, a shift that is helping the streaming pioneer add customers as its largest single market matures.

Read more: U.S. Cable Firms Embrace Former Foe Netflix As TV Viewing Shifts

Google Employee's Anti-Diversity Memo Prompts Company Rebuke

Pic: ReutersTwo Google executives criticized a memo that circulated late last week at the company from an unnamed engineer suggesting that there were "biological causes" for underrepresentation of women in technology and leadership.

Read more: Google Employee's Anti-Diversity Memo Prompts Company Rebuke

Apple To Launch Watches That Can Make Calls

Pic: ReutersApple Inc plans to release a version of its smartwatch later this year that can connect directly to cellular networks, Bloomberg reported on Friday, citing people familiar with the matter.

Read more: Apple To Launch Watches That Can Make Calls