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China unveils plan to become a world leader in AI by 2025

BEIJING (Reuters) – China unveiled a national artificial intelligence (AI) development plan on Thursday, laying out its ambitions to build world-leading technology amid heightened international friction over applications of AI in military technology. Source
Posted On 20 Jul 2017

Moscow in talks with U.S. to create cyber security working group: RIA report

MOSCOW/LONDON (Reuters) – Moscow and Washington are in talks to create a joint cyber security working group, Russia’s RIA news agency reported on Thursday, citing Andrey Krutskikh, a special presidential envoy on cyber security. Source
Posted On 20 Jul 2017

U.S. Justice Department shuts down dark web bazaar AlphaBay

WASHINGTON (Reuters) – The U.S. Justice Department said on Thursday it had shut down the dark web marketplace AlphaBay, working with international partners to knock offline the site accused of allowing a global trade in drugs, firearms, computer hacking tools and other...
Posted On 20 Jul 2017

Silicon Valley mostly quiet in internet surveillance debate in Congress

WASHINGTON (Reuters) – Facebook Inc , Alphabet Inc’s Google , Apple Inc and other major technology firms are largely absent from a debate over the renewal of a broad U.S. internet surveillance law, weakening prospects for privacy reforms that would further protect...
Posted On 19 Jul 2017

Amazon makes cloud contract more customer-friendly as rivals loom

SAN FRANCISCO (Reuters) – Amazon.com Inc has done away with a controversial clause in its cloud computing contracts that prohibited customers from suing the company over patent infringement, according to an updated version of the Amazon Web Services customer agreement...
Posted On 19 Jul 2017

IBM misses revenue estimates, weighed down by legacy businesses

(Reuters) – IBM Corp on Tuesday reported a lower-than-expected quarterly revenue, as growth in its higher-margin businesses that include cloud and artificial intelligence services failed to make up for declines across legacy business segments. Source
Posted On 19 Jul 2017

Four Apple contractors accuse Qualcomm of antitrust violations

(Reuters) – iPhone chip supplier Qualcomm Inc faces a fresh set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple Inc . Source
Posted On 19 Jul 2017

Toshiba says it again is blocking Western Digital access to chip JV

TOKYO (Reuters) – Toshiba Corp said it resumed blocking access by Western Digital Corp to data at their memory chip joint venture, intensifying its dispute with the U.S. firm over the Japanese company’s planned sale of the chip business. Source
Posted On 19 Jul 2017

NBC News to launch twice-daily show on Snapchat

(Reuters) – Comcast Corp’s NBC News is launching a twice-per-day news show on Snapchat, the company said on Wednesday, part of its push to attract younger viewers who tend to watch TV on mobile devices. Source
Posted On 19 Jul 2017

Bank of England opens up payments systems to spur fintech

LONDON (Reuters) – The Bank of England has widened access to Britain’s interbank payments system to increase competition from new fintech firms in the financial system, where the “Big Four” high street banks have long dominated. Source
Posted On 19 Jul 2017