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Exclusive: Three Goldman bankers leave for Uber as tech world raids Wall Street talent
Photo illustration of logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street in MadridBy Olivia Oran and Heather Somerville NEW YORK/SAN FRANCISCO (Reuters) - Three mid-level bankers in Goldman Sachs Group Inc's technology investment banking group in San Francisco have left to take positions at ride service company Uber Technologies Inc in recent months, people familiar with the matter told Reuters. The bankers are the latest to leave Wall Street banks for Silicon Valley startups, where the lure of more flexible hours - and in some cases stock options and share grants - can be hard to resist. Uber, currently valued at around $51 billion, said in August that it expected an IPO within 18 to 24 months.
Wed, 25 Nov 2015 04:42:22 -0500
Sony's PlayStation 4 sales top 30 million consoles
News ImageTOKYO (Reuters) - Sony Corp on Wednesday said sales of its PlayStation 4 video game console exceeded 30.2 million units as of Nov. 22, as global price cuts ahead of the year-end holiday season bolstered demand. The PlayStation 4, which went on sale in late 2013, has been Sony's fastest-selling game console, the Japanese electronics manufacturer said. It hit sales of 20 million consoles in March. The console helped Sony book its highest second-quarter operating profit in eight years. (Reporting by Makiko Yamazaki; Editing by Christopher Cushing)
Wed, 25 Nov 2015 05:09:05 -0500
UK police make fifth arrest in TalkTalk hack inquiry
News ImageAn 18-year-old youth from Wales who was detained on Tuesday in the fifth arrest connected to a cyber attack on telecoms company TalkTalk was bailed on Wednesday pending further investigations, police said in a statement. Police searched an address in the town of Llanelli on Tuesday and took the youth into custody on suspicion of blackmail. TalkTalk said on Oct. 23 it had received a ransom demand from an unidentified party claiming responsibility for the attack.
Wed, 25 Nov 2015 06:40:26 -0500
Toshiba to brief on Westinghouse impairment charges on Friday
News ImageToshiba Corp will brief analysts on Friday on impairment changes at its U.S. nuclear power unit Westinghouse. Chief Executive Masashi Muromachi and Westinghouse chief Danny Roderick will both attend the briefing, Toshiba said. The conglomerate this month reported that Westinghouse had booked charges of $930 million in fiscal 2012 and $390 million in fiscal 2013 as the Fukushima disaster reduced demand for new nuclear power plants.
Wed, 25 Nov 2015 05:51:07 -0500
Hilton says some payment systems hit by malware
An illustration picture shows projection of binary code on man holding aptop computer in Warsaw(Reuters) - Hotel chain operator Hilton Worldwide Holdings Inc said on Tuesday it identified unauthorized malware in some payment systems that targeted payment card information. A third-party investigation found that the malware targeted specific payment card information, that included cardholder names, payment card numbers, security codes and expiration dates, Hilton said. Hilton said customers who used their cards during a 17-week period - from Nov. 18 to Dec. 5, 2014 or April 21 to July 27, 2015 - were advised to check their bank statements.
Tue, 24 Nov 2015 17:38:44 -0500
FBI has lead in probe of 1.2 billion stolen Web credentials: documents
News ImageBy Nate Raymond NEW YORK (Reuters) - A hacker who once advertised having access to user account information for websites like Facebook and Twitter has been linked through a Russian email address to the theft of a record 1.2 billion Internet credentials, the FBI said in court documents. The papers, made public last week by a federal court in Milwaukee, Wisconsin, provide a window into the Federal Bureau of Investigation's probe of what would amount to the largest collection of stolen user names and passwords. The court papers were filed in support of a search warrant the FBI sought in December 2014 and that was executed a month later related to email records.
Tue, 24 Nov 2015 16:40:46 -0500
Watch a neural network describe what it sees on a stroll through Amsterdam
News ImageIn the last few years computers have made massive advances in image recognition. Neural networks especially systems which can be trained over time have become eerily good at describing even quite complex scenes. McDonald modified a neural network built by researchers from Stanford and Google to analyze footage from a live webcam feed on his laptop.
Wed, 25 Nov 2015 06:50:46 -0500
Revised nuclear deal between South Korea, US takes effect
SEOUL, South Korea (AP) A new nuclear treaty with the United States governing South Korea's commercial nuclear activities during the next 20 years went into effect Wednesday, the South Korean government said. Wed, 25 Nov 2015 05:40:00 -0500
Fifth suspect arrested over TalkTalk hack
News ImageAn 18-year-old is being accused of blackmail relating to the devastating cyberattack.
Wed, 25 Nov 2015 05:36:09 -0500
China dreams of electric sheep at robot conference
News ImageVehicles with automated gun turrets sat alongside drink-serving karaoke machines at the World Robot Conference, as manufacturers sought new buyers for their "jiqiren" -- "machine people" in Chinese. President Xi Jinping issued a letter of congratulations for the conference, and the industry is name-checked in the draft version of the country's new five-year plan, the policy document that guides national economic development. The world's second-largest economy is already the leading market for industrial robots, accounting for a quarter of global sales, according to the International Federation of Robotics.
Wed, 25 Nov 2015 05:09:33 -0500
Apple now owns a motion capture startup used in Star Wars
News ImageEarlier this year it was rumored that Apple had bought Faceshift, a Swiss startup which specializes in facial animation using real-time motion capture. Now,TechCrunch reports that Apple has confirmed the acquisition, handing out its customary statement: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans."TechCrunch adds that it has also dug up "sources and conclusive links" between the two companies, although at the time of writing, Apple has yet to respond to requests for verification from The Verge.
Wed, 25 Nov 2015 05:03:57 -0500
League of Legends will punish troublesome players by depriving them of loot
News ImageThe massively popular League of Legends online battle arena game is headed toward its biggest update in many years witha slate of changes coming at the beginning of 2016. Jeffrey Lin, lead designer of social systems at Riot and a member of the company'sdedicated group for dealing with toxic behavior within LoL, describes the upcoming plans as a new way to encourage friendly communications and play. Despite being just a game, League of Legends incites great passions in its players, which can often be channelled negatively and expressed in the form of criticizing teammates, intentionally losing the game, or otherwise sabotaging others' enjoyment.
Wed, 25 Nov 2015 04:27:07 -0500
Mark Hamill hints at Luke Skywalker's return in Star Wars: Episode VIII
News ImageMark Hamill, whoplayed Luke in the original trilogy, appeared to indicate he was reprising the role in the as-yet-unnamed Episode VIII in a tweet posted this weekend, in which he described his shaving regimen. Director J.J. Abrams apparently wanted a more hirsute take on Luke for the upcoming Star Wars trilogy, which is set 30-plus years after the battle of Endor. Hamill first described his"contractually obligated beard" in August last year, showing off his bushy facial hair in a shot from the Episode VII set, but has trimmed it back and removed it entirely for appearances in other TV shows since.
Wed, 25 Nov 2015 03:19:53 -0500
VSCO makes its expensive desktop photo filters half as expensive
News ImageVSCO, the app formerly known as VSCO Cam, offers some of the best photo editing tools available on mobile. Today, though, VSCO is halving the price of every VSCO Film pack to $59 "in honor of our anniversary and four years of artistic collaboration together;" the new pricing appears to be permanent.
Wed, 25 Nov 2015 02:21:53 -0500
Watch Captain America battle Iron Man in the first trailer for Civil War
News ImageThe box office event of the decade is just around the corner, but even Star Wars won't stop the Marvel movie machine from rolling on. Today we get our first look at the next release from the studio, and it's perhaps the most important film in the comic canon since Avengers Assemble Captain America: Civil War. The two-and-a-half minute trailer shows Captain America forming his own miniature superhero squad, teaming up with new pal Falcon, and attempting to deprogram ex-Hydra agent Bucky "The Winter Soldier" Barnes.
Wed, 25 Nov 2015 01:31:52 -0500
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