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Indian minister: discussing Apple's request for FDI rules waiver
News ImageBy Manoj Kumar NEW DELHI (Reuters) - The Indian government on Monday said it was discussing Apple Inc's foreign direct investment application that seeks a waiver from a local sourcing rule. Nirmala Sitharaman, commerce and industry minister in the federal cabinet, told reporters her ministry would discuss the issue with the finance ministry. The finance ministry's foreign investment promotion board (FIPB), which clears foreign direct investment applications, has asked the iPhone maker to sell at least 30 percent locally sourced goods if it wished to open shops in India.
Mon, 30 May 2016 03:31:27 -0400
Data analysis from Paris raid on Google will take months, possibly years: prosecutor
News ImageBy Chine Labb PARIS (Reuters) - Analysis of data seized by investigators in last week's raid of Google's Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday. Dozens of French police raided Google's offices on Tuesday, escalating an investigation over suspected tax evasion. "We have collected a lot of computer data," Houlette said in an interview with Europe 1 radio, TV channel iTele and newspaper Le Monde, adding that 96 people took part in the raid.
Sun, 29 May 2016 12:37:12 -0400
Gawker privacy lawsuit evolves into battle of tech billionaires
News ImageBy Sarah McBride SAN FRANCISCO (Reuters) - Billionaire media owner Pierre Omidyar is backing news and entertainment web site Gawker Media in its lawsuit against wrestler Hulk Hogan, adding a new twist to a case pitting technology money against press freedom. Omidyar, owner of The Intercept publisher First Look Media, is asking other media outlets to file legal briefs in support of Gawker, First Look said in a statement on Friday. First Look said its goal was to protect constitutional rights.
Fri, 27 May 2016 21:11:09 -0400
Push for encryption law falters despite Apple case spotlight
News ImageBy Dustin Volz, Mark Hosenball and Joseph Menn WASHINGTON/ SAN FRANCISCO (Reuters) - After a rampage that left 14 people dead in San Bernardino, key U.S. lawmakers pledged to seek a law requiring technology companies to give law enforcement agencies a "back door" to encrypted communications and electronic devices, such as the iPhone used by one of the shooters. Draft legislation that Senators Richard Burr and Dianne Feinstein, the Republican and Democratic leaders of the Intelligence Committee, had circulated weeks ago likely will not be introduced this year and, even if it were, would stand no chance of advancing, the sources said. Key among the problems was the lack of White House support for legislation in spite of a high-profile court showdown between the Justice Department and Apple Inc over the suspect iPhone, according to Congressional and Obama Administration officials and outside observers.
Fri, 27 May 2016 01:08:10 -0400
Cyber firms say Bangladesh hackers have attacked other Asian banks
News ImageBy Dustin Volz and Jeremy Wagstaff WASHINGTON/SINGAPORE (Reuters) - Hackers who stole $81 million from Bangladesh's central bank have been linked to an attack on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures, cybersecurity company Symantec Corp said in a blog post. The U.S. Federal Bureau of Investigation has blamed North Korea for the attack on Sony's Hollywood studio. A senior executive at Mandiant, the cybersecurity company investigating the Bank Bangladesh heist, also told Reuters the hackers had recently penetrated banks in Southeast Asia.
Fri, 27 May 2016 04:46:35 -0400
Facebook expands ads on third-party apps, websites to beyond users
News Image(Reuters) - Facebook Inc said its customers' ads would now be visible on third-party apps and websites to everyone who has ever visited its website, and not just to users logged into its social networking service. In the first quarter, Facebook generated more than 80 percent of its $5.20 billion ad revenue from mobile ads.
Fri, 27 May 2016 07:54:33 -0400
This is the first unibody metal phone without antenna lines
News ImageAsus has somehow worked around the iPhone's most glaring aesthetic shortcoming, beating competitors like HTC, Huawei, and Meizu in producing a "full-metal" phone with completely discreet antennas. Alongside the 5.7-inch Deluxe, Asus today also unveiled the 6.8-inch ZenFone 3 Ultra, which resides firmly in phablet territory while also matching the invisible antenna design. Both devices have 1080p displays and an enviable 79 percent screen-to-body ratio, so Asus has truly done its utmost in terms of design measurables.
Mon, 30 May 2016 06:04:42 -0400
Iran orders foreign messaging apps to store data within its borders
News ImageIran has ordered foreign messaging apps to store all data on its citizens within the country's borders,Reuters reports, giving the companies one year to comply. Iran's Supreme Council of Cyberspace announced the measures on Sunday, saying they are based on the "guidelines and concerns of the supreme leader" Ayatollah Ali Khamenei, according to the local IRNA news agency. Iran has long held tight control over the internet, censoring objectionable content and blocking access to services like Facebook and Twitter.
Mon, 30 May 2016 06:00:57 -0400
ASUS' me-too VR headset sure looks fancy
Mon, 30 May 2016 05:36:00 -0400
For an Optimistic Revolution
News ImageThe world has seen more than one industrial revolution and another one is already upon us. We should face it as optimists. According to the classical legend, a Greek messenger named Pheidippides ran from Marathon to Athens to deliver a message. It took him 36 hours. A horse-drawn carriage or a modern car would have saved Pheidippides...
Mon, 30 May 2016 05:09:24 -0400
Here's an Asus VR headset with fancy leather straps
News ImageAsus didn't mention this during their laptop- and phone- and robot-packed Computex Taipei press conference, but in the demo area there's a virtual reality headset on display behind glass; other than the name "Asus VR" emblazoned above it, there's zero explanation of what it actually is. But! It does have stitched leather straps, which look a little too ZenWatch-like for my taste but are arguably more fashion forward than the likes of the HTC Vive.
Mon, 30 May 2016 04:54:42 -0400
Watch Jonney Shih announce Asus MacBook killer
News ImageThe scarcely believableAsus ZenBook 3 is the undeniable highlight of an action-packed press conference from Asus today. This new laptop measures only 11.9mm in thickness and challenges Apple's MacBook for the title of best ultra-portable computer. Not only is the ZenBook 3 thinner, it is also lighter by 10 grams, weighing in at 910g and more powerful than its better-known rival.
Mon, 30 May 2016 04:43:34 -0400
Here's how the Asus ZenBook 3 looks next to the MacBook
News ImageAsus' new ZenBook 3 is plainly aimed straight at the MacBook's heart; chairman Jonney Shih made multiple comparisons to Apple's 12-inch laptop on stage this afternoon at Computex Taipei, highlighting how the latest Zenbook is thinner and lighter while managing to cram in an Intel Core i7 processor.
Mon, 30 May 2016 04:00:11 -0400
Zenbo family robot destroys Computex with cuteness before it even begins
News ImageAsus dropped an unexpected robot revolution on its Computex press conference, launching the Zenbo household assistant, priced at $599.
Mon, 30 May 2016 03:43:54 -0400
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