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Standard Chartered PE arm invests in China’s online lender Dianrong.com

SHANGHAI (Reuters) – A consortium partly led by the private equity arm of Standard Chartered PLC has invested $207 million in China’s Dianrong.com, the peer-to-peer online lender said on Thursday, the latest international investor to take a fancy to the firm. Source
Posted On 20 Aug 2015

U.N. says expects states to respect privacy after AT&T spying report

UNITED NATIONS (Reuters) – The United Nations said it expects member states to respect its right to privacy and is assessing how to respond to a report that telecommunications company AT&T Inc helped the U.S. National Security Agency spy on the world body’s...
Posted On 19 Aug 2015

Uber India aims for a million rides a day, parent gets funding from Tata

MUMBAI (Reuters) – Taxi-hailing service Uber Technologies Inc [UBER.UL] said it plans to average more than 1 million rides a day in India over the next six to nine months, as it steps up investment in its business to take on local rival Ola. Source
Posted On 19 Aug 2015

3D printed drone launched from warship

A team of engineers from the University of Southampton launched a 3D printed unmanned aerial vehicle (UAV) from the bow of a Royal Navy warship in a bid to demonstrate the potential use of lightweight drones at sea. Source
Posted On 19 Aug 2015

China summons Western tech firms, revives bank cyber rules

BEIJING (Reuters) – China has resumed work on a set of banking cyber security regulations it suspended earlier this year, reviving a potential source of friction with the United States just weeks before Xi Jinping makes his first trip to Washington as China’s...
Posted On 19 Aug 2015

Mind-controlled movie: a quantum leap for cinema?

Watching a movie has traditionally been a largely passive experience. But what if the person watching could influence what happens on-screen via their brainwaves? An experimental short-film called ‘Scanners’ aims to create a platform that bridges the gap between...
Posted On 19 Aug 2015

U.N. says expects states to respect privacy after AT&T spying report

UNITED NATIONS (Reuters) – The United Nations said it expects member states to respect its right to privacy and is assessing how to respond to a report that telecommunications company AT&T Inc helped the U.S. National Security Agency spy on the world body’s...
Posted On 19 Aug 2015

Taxi app GrabTaxi raises $350 million from CIC, others

SINGAPORE (Reuters) – Taxi-booking app GrabTaxi Holdings Pte Ltd said it raised over $350 million from investors including sovereign wealth fund China Investment Corporation, in the Southeast Asian company’s largest ever fundraising round. Source
Posted On 19 Aug 2015

Hackers dump data online from cheating website Ashley Madison: reports

TORONTO (Reuters) – Hackers dumped online personal details of more than a million users of infidelity website AshleyMadison.com, tech websites reported on Tuesday, the latest high-profile cyber attack that threatens to wreak strife in relationships across the globe. Source
Posted On 19 Aug 2015

U.N. says expects states to respect privacy after AT&T spying report

UNITED NATIONS (Reuters) – The United Nations said it expects member states to respect its right to privacy and is assessing how to respond to a report that telecommunications company AT&T Inc helped the U.S. National Security Agency spy on the world body’s...
Posted On 19 Aug 2015