Thu06292017

LAST_UPDATEFri, 30 Jun 2017 8am

Uber Board Member Apologises For 'Inappropriate' Remark About Women

Pic: ReutersSAN FRANCISCO: Uber Technologies Inc board member David Bonderman apologised on Tuesday for a comment he made about women at an all-staff meeting at the ride-hailing firm during a discussion of how it would transform itself after a probe into sexual harassment at the company.

Read more: Uber Board Member Apologises For 'Inappropriate' Remark About Women

Verizon Closes Yahoo Deal, Mayer Steps Down

Pic: ReutersVerizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned.

Read more: Verizon Closes Yahoo Deal, Mayer Steps Down

U.S. Weighs Restricting Chinese Investment In Artificial Intelligence

Pic: ReutersWASHINGTON: The United States appears poised to heighten scrutiny of Chinese investment in Silicon Valley to better shield sensitive technologies seen as vital to U.S. national security, current and former U.S. officials tell Reuters.

Read more: U.S. Weighs Restricting Chinese Investment In Artificial Intelligence

Cyber Firms Warn Of Malware That Could Cause Power Outages

Pic: ReutersTwo cyber security firms have uncovered malicious software that they believe caused a December 2016 Ukraine power outage, they said on Monday, warning the malware could be easily modified to harm critical infrastructure operations around the globe.

Read more: Cyber Firms Warn Of Malware That Could Cause Power Outages

Sony Unveils New 'Spider-Man' Game At E3 Expo

Pic: ReutersSony unveiled a new "Spider-man" game for its Playstation video console at the Electronic Entertainment Expo (E3) in Los Angeles on Monday.

Read more: Sony Unveils New 'Spider-Man' Game At E3 Expo

Theresa May Tries To Push Forward With Plans To Kill Encryption, While Her Party Plots Via Encrypted Whatsapp

As we've discussed a few times, Theresa May and her colleagues have been pushing to break real encryption as part of the party's manifesto. And they've used recent terrorist attacks as an excuse to ramp up that effort -- even though the perpetrators of recent attacks were already known to law enforcement and there's no evidence encryption played any role. Earlier in the year, Home Secretary Amber Rudd had insisted that encrypted communications were completely unacceptable, and specifically namechecked Whatsapp:

Read more: Theresa May Tries To Push Forward With Plans To Kill Encryption, While Her Party Plots Via...

Apple Shares Drop After Mizuho Downgrade

Pic: ReutersApple shares were stung by a broker downgrade for a second straight week on Monday, sending the stock lower to keep the tech sector under pressure for a second straight session.

Read more: Apple Shares Drop After Mizuho Downgrade

Uber CEO Kalanick Likely To Take Leave, SVP Michael Out: Source

Pic: ReutersUber Technologies Inc [UBER.UL] Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, according to a source familiar with the outcome of a Sunday board meeting.

Read more: Uber CEO Kalanick Likely To Take Leave, SVP Michael Out: Source

UTM Aspires To Produce Affordable, High Quality Hemodialysers In Two Years

JOHOR BAHRU -- Universiti Teknologi Malaysia (UTM) aims to make Malaysia one of the producers of low-cost, high quality dialysis machines or hemodialysers in the next two years.

Read more: UTM Aspires To Produce Affordable, High Quality Hemodialysers In Two Years

Germany's Merkel Says Digital World Needs Global Rules

Pic: ReutersGerman Chancellor Angela Merkel said on Saturday that the digital world needs regulations like those that exist for financial markets in the G20 and for trade under the World Trade Organization.

Read more: Germany's Merkel Says Digital World Needs Global Rules