Exclusive: Apple's Tim Cook to visit China for government meetings - source
Apple Inc Chief Executive Tim Cook plans to visit Beijing later this month to meet high-level government officials, at a time when it is facing some setbacks in its most important overseas market, a source familiar with the matter said. Cook has frequently traveled to China since taking the helm of Apple five years ago, but his latest visit comes during a critical period. Last week, billionaire activist investor Carl Icahn said in an interview with cable television network CNBC that he had sold his entire stake in Apple, citing China's economic slowdown and worries about whether the government could make it very difficult for Apple to conduct business.
Fri, 06 May 2016 05:22:56 -0400
Facebook loses first round in suit over storing biometric data
(Reuters) - Facebook Inc lost the first round in a court fight against some of its users who sued the social networking company, alleging it "unlawfully" collected and stored users' biometric data derived from their faces in photographs. Facebook filed the motion arguing that the users could not file a complaint under Illinois Biometric Information Privacy Act (BIPA) as they had agreed in their user agreement that California law would govern their disputes with the company, and that BIPA does not apply to "tag suggestions." The court found that Illinois law applies and that the plaintiffs have stated a claim under BIPA. The complainants had alleged that Facebook's face recognition feature that suggests "tags" on photos unlawfully collected and stored biometric data, in violation of the Illinois BIPA.
Fri, 06 May 2016 00:39:15 -0400
Uber, Lyft spend big to erase fingerprinting in Texas vote
By Jon Herskovitz AUSTIN, Texas (Reuters) - On-demand ride companies have spent millions of dollars ahead of a Saturday vote to overturn a measure mandating fingerprinting for their drivers in Austin, Texas, a sign they are willing to play hardball politics with cities pursuing such requirements. Campaign finance records show that Ridesharing Works for Austin, a lobby group financed almost exclusively by Uber Technologies Inc [UBER.UL] and Lyft, had collected more than $8 million in contributions and spent $5.4 million in opposition of the fingerprint ordinance as of the end of April. In contrast, the group backing fingerprinting had spent about $83,000 of its $100,000 in campaign contributions, the records show.
Fri, 06 May 2016 14:15:42 -0400
Fiat Chrysler CEO: Unclear who owns self-driving cars' data
By Bernie Woodall WINDSOR, Ont. (Reuters) - Fiat Chrysler Automobiles and Alphabet Inc's Google have yet to determine who will own data collected in their collaboration on testing self-driving vehicles, FCA Chief Executive Sergio Marchionne said Friday. "That's exactly what has to be determined," Marchionne said in response to a reporter's question on data ownership.
Fri, 06 May 2016 12:16:45 -0400
Toshiba nominates new CEO in bid to put accounting scandal behind it
Japan's Toshiba Corp said it had nominated Satoshi Tsunakawa, a former head of its medical equipment division, to be its next chief executive officer - a move that it hopes will draw a line under a damaging accounting scandal. Sixty-year-old Tsunakawa, who was not embroiled in the scandal, is credited with having grown the medical equipment unit into a major profit driver. A $1.3 billion book-keeping scandal last year has pushed Toshiba to streamline its businesses, announce plans for 14,000 job cuts and the sale of the medical unit to Canon Inc for $5.9 billion.
Fri, 06 May 2016 09:50:55 -0400
President of Philippine bank at center of $81 million heist quits
By Neil Jerome Morales MANILA (Reuters) - The Philippines' Rizal Commercial Banking Corp said it has accepted the resignation of its president, Lorenzo Tan, even as it cleared the official of any wrongdoing in connection with a $81 million money laundering scandal. RCBC is at the center of a Senate investigation into a cyber heist in which $81 million was stolen from the Bangladesh central bank's account at the U.S. Federal Reserve Bank of New York and allegedly deposited in one of its branches. RCBC, partly owned by a unit of Cathay Financial Holding Co Ltd, is the country's ninth largest lender in asset terms.
Fri, 06 May 2016 08:39:57 -0400
10 Marvel movie plot holes that tear at the fabric of the cinematic universe
Now that Captain America: Civil War has finally hit theaters, you can expect to be bombarded with Marvel headlines all week long. What's next for our favorite Avengers ? How will Doctor Strange and Captain Marvel factor into the sequels? What will be the final titles of the Avengers: Infinity War movies? Today, we're going to pile on with a video highlighting all of the plot holes that have been steadily eroding the Marvel Cinematic Universe for years. DON'T MISS: Justin Timberlakes first song in three years is the song of the summer This week, Screen Rant has shared a new video which explores ten of the most unforgivableplot holes in Marvel movie history. Yes, these are movies aboutsuperpowered caped crusaders, but that doesn't excuse these inconsistencies. One of the first we'll harp on isn't exactly going to shake the foundation of the universe to its core, but it's odd nonetheless. How does Star-Lord's Walkman survive for 26 years? My iPod from 2005 can't even hold a charge any more, but we're expected to believe that his AAbattery powered tape player is still kicking? A far bigger issue that pervades the series is the fact that the individual members of the Avengers often have to face off againstseeminglyinsurmountable odds on their own. In The Winter Soldier , Captain America discovered a plot that would see S.H.I.E.L.D. killing thousands of innocent civilians, yet Iron Man, Thor, Hawkeye and the Hulk were nowhere to be found. Check out the rest of the plot holes in the video below: https://www.youtube.com/watch?v=KqnSliRcQ28
Fri, 06 May 2016 14:21:56 -0400
The Long View: What are the biggest issues for the energy arena over the next 10 years?
Stakeholders in the energy sector are focused on the ongoing legal battle over the Clean Power Plan, the potential rules on methane emissions and the latest energy bill moving through the Senate. But taking a longer view, what big issues will dominate the energy industry for the next 10 years? While government policy will be a factor,...
Fri, 06 May 2016 14:11:15 -0400
Kindle Oasis Review
Amazons newest Kindle Oasis is insanely thin, and feels like the e-reader you always wanted to hold.
Fri, 06 May 2016 14:09:55 -0400
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