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SWIFT To Implement New Security Program After Recent Hacking

May 25, 2016 by mphillips   | Category: Uncategorized

The SWIFT secure messaging service that underpins international banking announced that it will launch a new security program as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist. The Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s chief executive, Gottfried Leibbrandt, told a financial services conference in Brussels that SWIFT will launch a five-point plan later this week. Banks send payment instructions to one another via SWIFT messages. In... 

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Chromebook Outpacing Mac Notebook In U.S. Sales

May 25, 2016 by mphillips   | Category: Computing
Chromebook Outpacing Mac Notebook In U.S. Sales

More personal computers powered by Google’s Chrome OS shipped in the U.S. during the first quarter than those built on Apple’s OS X in the same period, IDC  has confirmed. “Chrome PCs overall, including Chrome desktop units like the Chromebox, out-shipped all Apple personal computers, desktop plus notebook, in the U.S. for Q1,” said Jay Chou, one of several IDC analysts who track device shipments, in an email reply to questions. Chromebooks, the inexpensive notebooks that... 

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Facebook Implement Changes To ‘Trending Topics’ Amid Criticism

May 25, 2016 by mphillips   | Category: Around The Net
Facebook Implement Changes To ‘Trending Topics’ Amid Criticism

Facebook Inc said that it had made some tweaks to the procedures for its “Trending Topics” section after a news report alleging it suppressed conservative news prompted a U.S. Congressional demand for more transparency. The company said an internal probe showed no evidence of political bias in the selection of news stories for Trending Topics, a feature that is separate from the main “news feed” where most Facebook users get their news. But the world’s largest social... 

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Microsoft To Make Switching Between IE11 And Edge Browsers Easier

May 24, 2016 by mphillips   | Category: Around The Net
Microsoft To Make Switching Between IE11 And Edge Browsers Easier

Microsoft announced that it will introduce changes in this summer’s Windows 10 Anniversary Update to simplify switching from Internet Explorer 11 (IE11) to Edge, and back. The changes will be aimed at enterprises, the only customer group Microsoft recommends running IE11 in the new operating system. “We recognize that some enterprise customers have line-of-business applications built specifically for older web technologies, which require Internet Explorer 11,” the company said in... 

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In-Home Tech Support Companies HelloTech, Geekatoo Merging

May 24, 2016 by mphillips   | Category: Mobile
In-Home Tech Support Companies HelloTech, Geekatoo Merging

Los Angeles-based startup HelloTech and rival in-home tech support company Geekatoo announced that they have merged, in a sign of consolidation in the hotly competitive on-demand sector. HelloTech will combine its network of about 150 college students who provide on-demand tech repair to Southern California consumers with Geekatoo’s U.S. network of about 5,000 technicians, the companies said in a joint statement. The merger connects HelloTech with Geekatoo’s national market and provides... 

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SWIFT Asks Customers To Help Fight Bank Fraud

May 24, 2016 by mphillips   | Category: Around The Net
SWIFT Asks Customers To Help Fight Bank Fraud

Financial transaction network SWIFT is asking its customers to help it end a string of high-profile banking frauds perpetrated using its network. The SWIFT network itself is still secure, it insisted in a letter to banks and financial institutions. However, some of its customers have suffered security breaches in their own infrastructure, allowing attackers to fraudulently authorize transactions and send them over the SWIFT network, it said. That’s the best explanation so far for how authenticated... 

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Nokia Slashes Another 1,000 Jobs

May 23, 2016 by mphillips   | Category: Mobile
Nokia Slashes Another 1,000 Jobs

Nokia is eliminating 1,032 jobs in Finland as part of a cost-cutting plan following its acquisition of Alcatel-Lucent, the telecom network equipment maker said in a statement last Friday. Finland’s biggest company has cut thousands of jobs in its home country over the past decade as its once-dominant phone business was eclipsed by the rise of smartphone rivals. Nokia started the latest cost cutting program in April and is targeting 900 million euros ($1 billion) of operating cost synergies... 

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Google’s Tensor Processing Unit Improves Machine Learning

May 23, 2016 by mphillips   | Category: Computing
Google’s Tensor Processing Unit Improves Machine Learning

Google has taken a giant step forward with the speed of its machine learning systems by developing its own custom chip that it’s been using for over a year. The company was rumored to have been designing its own chip, based partly on job ads it posted in recent years. But until today it had kept the effort largely under wraps. It calls the chip a Tensor Processing Unit, or TPU, named after the TensorFlow software it uses for its machine learning programs. In a blog post, Google engineer Norm... 

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UPS And SAP To Offer On-demand 3D Printing Service

May 23, 2016 by mphillips   | Category: Around The Net
UPS And SAP To Offer On-demand 3D Printing Service

UPS and SAP announced plans to offer a distributed, on-demand manufacturing network based on 3D printing that will be available through The UPS Store in more than 60 locations around the U.S. 3D printed goods will also be available through UPS’ Fast Radius on-demand production platform and its 3D printing factory in Louisville, KY. “The integration into one additive manufacturing and logistics solution this summer will make 3D printing accessible to more potential users, enabling them... 

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Hacker Offering 167 Million LinkedIn User Records For Sale

May 20, 2016 by mphillips   | Category: Around The Net
Hacker Offering 167 Million LinkedIn User Records For Sale

A hacker is attempting to sell a database dump containing account records for 167 million LinkedIn users. The announcement was posted on a dark market website called TheRealDeal by a user who wants 5 bitcoins, or around $2,200, for the data set that supposedly contains user IDs, email addresses and SHA1 password hashes for 167,370,940 users. According to the sale ad, the dump does not cover LinkedIn’s complete database. Indeed, LinkedIn claims on its website to have more than 433 million registered... 

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Apple To Open Maps Product Development Center In India

May 20, 2016 by mphillips   | Category: Around The Net
Apple To Open Maps Product Development Center In India

Moving forward with his attempt to attract Indian customers and developers, Apple’s CEO Tim Cook announced that the company was setting up a new development center for its Maps product in Hyderabad in south India. Apple earlier on Wednesday announced it would set up by early next year a facility in Bangalore to focus on helping developers on best practices and to improve the design, quality and performance of their apps on the iOS platform. Cook is on his first visit to India, where the company... 

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Google Unveils A.I. Challenger To Amazon’s Alexa

May 20, 2016 by mphillips   | Category: Consumer Electronics
Google Unveils A.I. Challenger To Amazon’s Alexa

Alphabet’s Google Inc  introduced us to its answer to Amazon’s Alexa virtual assistant along with new messaging and virtual reality products at its annual I/O developer conference on Wednesday, doubling down on artificial intelligence and machine learning as the keys to its future. Google Chief Executive Sundar Pichai introduced Google Assistant, a virtual personal assistant, along with the tabletop speaker appliance Google Home. He also unveiled Allo, a new messaging service that will... 

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ARM Acquires Computer Visual Technology Firm Apical

May 19, 2016 by mphillips   | Category: Around The Net
ARM Acquires Computer Visual Technology Firm Apical

ARM has purchased Apical, a U.K. designer of embedded computer vision technology, and will incorporate that technology into future ARM microprocessor and system-on-chip designs, it has announced. The move will open up new opportunities for designers of autonomous vehicles and security systems, among other connected things, according to ARM CEO Simon Segars. Computer vision is in its early stages, and Apical is at the forefront of embedding such technology, he said. Apical’s technologies is... 

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Hyundai Motor’s Next-Gen Fuel-Cell Electric Car Launching In 2018

May 19, 2016 by mphillips   | Category: Around The Net
Hyundai Motor’s Next-Gen Fuel-Cell Electric Car Launching In 2018

Hyundai Motor Co aims to launch its next-generation fuel-cell electric vehicle in early 2018, Vice Chairman Yang Woong-chul said, to better compete with Japanese rivals and meet tougher emissions rules. Hyundai rolled out the world’s first mass-produced fuel cell vehicle in 2013, dubbed the Tucson Fuel Cell, but sales have trailed expectations due in part to a lack of refueling stations and a high price tag. For its new fuel cell vehicle, the automaker is set to double the driving range to... 

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Microsoft Exiting Feature Phone Market, Sales Division

May 19, 2016 by mphillips   | Category: Mobile
Microsoft Exiting Feature Phone Market, Sales Division

Microsoft Corp has announced that it is selling its entry-level feature phone assets to FIH Mobile Ltd and HMD Global Oy for $350 million. FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Co Ltd, would also acquire Microsoft Mobile Vietnam as a part of this deal, Microsoft said. The company said its 4,500 employees from Vietnam will transfer to or will have an opportunity to join FIH Mobile or HMD Global Oy. Microsoft will transfer all of its feature phone assets, including brands, software... 

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