Duncan Riley
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Report: Apple is building a person-to-person payments service like Venmo
Apple Inc. wants a slice of a peer-to-peer money transfer market and is currently working on a Venmo-like money transfer service, according to a report published Thursday. Recode, referencing “multiple sources familiar with the talks,” claims that the iPhone maker has recently held discussions with payments industry partners about introducing its own service, which would likely be an extension ...
Bitcoin nears record high after SEC agrees to review Winklevoss fund application
Bitcoin prices surged to near record highs Wednesday after the Securities and Exchange Commission announced it was reviewing its decision to reject an application for a bitcoin exchange-traded fund proposed by the Winklevoss twins. The SEC rejected the initial application for the Bitcoin Trust ETF in March on the grounds that any ETF must have surveillance-sharing agreements with significant ...
Neural network startup Neurala receives patent for AI ‘whole brain’ system
Deep learning neural network software startup Neurala Inc. has announced it has received a patent for its “whole brain” system for autonomous robotic control. The Neurala Brain is a deep learning platform that allows artificial intelligence to function more like a human brain by integrating sight, sound and other senses into one system in a rough emulation of ...
Fresh from its E. coli outbreak, Chipotle catches new infection: credit card-stealing malware
Chipotle Mexican Grill Inc. can’t catch a break. Infamous for selling E. coli bacteria-infected food to customers in 2016, the restaurant chain has now caught a new infection in the form of credit card-stealing malware on its retail network. The company disclosed Wednesday that it had recently detected “unauthorized activity” on the payment-processing network that supports its restaurants. Although somewhat ...
Rising Uber competitor Gett snaps up rival Juno for $200M
Upcoming Uber Technologies Inc. competitor Gett (GT Forge Inc.) today said it has acquired rival firm Juno USA LP for $200 million. Founded in 2015, Juno pitched itself as a “socially responsible way to ride.” The company employed its drivers and provided them with restricted stock options in the company, versus Uber and Lyft Inc., which use ...
Amazon’s latest Echo includes a camera and app that provides style advice
Amazon.com Inc. has released a new version of its Echo smart speaker with a twist: The new model includes a camera that can take pictures and video and even provide styling advice. Called the Amazon Echo Look, the new unit features a depth-sensing camera, LED lighting and computer vision-based background blurring that allows users take pictures ...
Joint INTERPOL operation brings down thousands of Southeast Asian malware sites
An INTERPOL joint operation in Southeast Asia has resulted in the discovery and shutdown of 8,880 command-and-control servers and 270 compromised websites. The investigation exposed threats including malware attacks against banks and other institutions, ransomware, distribute denial of service attacks and spam campaigns. It included authorities from Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam with support from Trend Micro, Kaspersky Lab, Cyber Defense ...
Drunk man attacks defenseless security robot in the heart of Silicon Valley
While there’s much discussion about how robots will one day replace humans in many different types of jobs, that day may still be a long time in coming, at least in the security field, following an incident between a security robot and a drunk man in the heart of Silicon Valley. Forty-one-year-old Jason Sylvain is ...
Palantir settles lawsuit that claimed it discriminated against Asian job applicants
Big Data analytics firm Palantir Technologies Inc. has taken the easy road and decided to settle a lawsuit filed by the U.S. Department of Labor that alleged it discriminated against Asian job applicants. The suit, filed in September, alleged that Palantir systematically rejected Asian applicants in the resume screening and telephone interview phases even when they ...
Waymo offers free rides in Arizona as its self-driving cars move into beta testing
Waymo Inc., Google parent Alphabet Inc.’s self-driving car division, has opened up a new testing program in Phoenix to the general public. Starting as of today, anyone in the Phoenix metropolitan area, including Gilbert, Tempe, Mesa and Chandler, can apply to join the “Early Riders” testing program. Should their application be successful, they will be provided free ...