Gogo plans to speed up its aircraft internet system: COO
By Alwyn Scott NEW YORK (Reuters) - In-flight internet provider Gogo Inc said on Wednesday it is building a faster version of its air-to-ground system for business and commercial aircraft that will ease a bandwidth bottleneck when it becomes available in 18 months. The service will provide speeds of 100 megabits per second to an aircraft, about 10 times more than Gogo's existing system, Chief Operating Officer John Wade said in an interview. Shares of Gogo were up 2.3 percent in afternoon trading to $12.64.

Dotcom's appeal against extradition to U.S. winds up in New Zealand, ruling likely weeks away

German tech entrepreneur Kim Dotcom sits in a chair during a court hearing in Auckland, New ZealandBy Charlotte Greenfield WELLINGTON (Reuters) - Lawyers for German entrepreneur Kim Dotcom, wanted in the United States on copyright infringement and money-laundering charges over his file-sharing website Megaupload, argued on Wednesday there was not enough evidence to show he conspired to commit a crime. The Auckland court heard closing arguments in Dotcom's four-week appeal against a lower court's decision to extradite him to the U.S., the first New Zealand court proceedings to be broadcast live on the internet. The appeal took place nearly five years after dozens of black-clad police rappelled into the flamboyant entrepreneur's New Zealand mansion and cut him from a safe room.



Zuckerberg initiative poaches AstraZeneca board member

Mark Zuckerberg announces the Chan Zuckerberg Initiative to cure all diseases by the end of the century during a news conference at UCSF Mission Bay in San Francisco, CaliforniaThe $3 billion health initiative set up by Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan has hired one of AstraZeneca's non-executive directors to head up its science drive. The British drugmaker said on Wednesday that Cornelia Bargmann would step down from its board next month to take up a new role as president of Chan Zuckerberg Science, part of the Chan Zuckerberg Initiative. Leif Johansson, AstraZeneca's chairman, said the board was sorry to see her leave but understood Bargmann's decision to focus on the new assignment.



At your service: cyber criminals for hire to militants, EU says

File photo of a magnifying glass held in front of a computer screen in this picture illustration taken in BerlinCybercriminals offering contract services for hire offer militant groups the means to attack Europe but such groups have yet to employ such techniques in major attacks, EU police agency Europol said on Wednesday. "There is currently little evidence to suggest that their cyber-attack capability extends beyond common website defacement," it said in its annual cybercrime threat assessment in a year marked by Islamic State violence in Europe. "Europol is concerned about how an expanding cybercriminal community has been able to further exploit our increasing dependence on technology and the internet," its director, Rob Wainwright, said in a statement.



The World's Most Innovative Universities - 2016

Students retrieve their bicycles after leaving a class, at the Main Quad at Stanford University in StanfordIn the fast-changing world of science and technology, if you're not innovating, you're falling behind. Researchers at the Massachusetts Institute of Technology (ranked #2) were behind some of the most important innovations of the past century, including the development of digital computers and the completion of the Human Genome Project.



FBI probes hacks targeting phones of Democratic Party officials: sources

U.S. Assistant Attorney General for National Security John Carlin addresses a news conference to announce indictments on Iranian computer hackers, in WashingtonBy Mark Hosenball WASHINGTON (Reuters) - The FBI is investigating suspected attempts to hack mobile phones used by Democratic Party officials as recently as the past month, four people with direct knowledge of the attack and the investigation told Reuters. The revelation underscores the widening scope of the U.S. criminal inquiry into cyber attacks on Democratic Party organizations, including the presidential campaign of its candidate, former U.S. Secretary of State Hillary Clinton. U.S. officials have said they believe those attacks were orchestrated by hackers backed by the Russian government, possibly to disrupt the Nov. 8 election in which Clinton faces Republican Party candidate Donald Trump.



Facebook tells U.S. judge it takes terroristic threats seriously

File photo of Facebook CEO Mark Zuckerberg during a town hall at Facebook's headquarters in Menlo Park, CaliforniaBy Nate Raymond NEW YORK (Reuters) - Lawyers for Facebook Inc on Tuesday sought to assure a U.S. judge overseeing lawsuits by victims of militant attacks in the Middle East that it took a "zero tolerance" approach to any communications that may promote terrorist threats or activity. The comments came after U.S. District Judge Nicholas Garaufis in Brooklyn on Thursday accused Facebook's law firm of insulting the court by sending just a junior attorney to address him in lawsuits implicating violent attacks on Israelis. The judge on Tuesday apologized to the extent his comments may have sounded like criticism of the first-year associate, but said he was concerned about whether Facebook's lawyers at Kirkland & Ellis LLP were taking the matter seriously.



Illinois man pleads guilty in celebrity nude-photo hacking scandal

Actor Jennifer Lawrence arrives at a screening of X-Men Apocalypse at a cinema in London(Reuters) - An Illinois man pleaded guilty on Tuesday to hacking the e-mail accounts of high-profile female celebrities in a scandal linked to the online release of nude photos of Oscar-winning actress Jennifer Lawrence and others. Edward Majerczyk, 29, pleaded guilty in U.S. District Court in Chicago to one felony change of unauthorized access to a protected computer to obtain information, charging documents showed. While no victims were named in court documents, Lawrence and actress Kirsten Dunst and model Kate Upton have addressed the leak and online dissemination of their nude photos in interviews.



Senior national security official to leave Justice Department

Carlin, flanked by Comey, addresses a news conference to announce indictments on Iranian hackers at the Justice Department in WashingtonBy Dustin Volz WASHINGTON (Reuters) - A senior U.S. Justice Department official who oversaw efforts to prosecute Islamic State sympathizers and pursue cyber criminals is leaving the Obama administration next month, he told Reuters on Tuesday. Assistant Attorney General John Carlin, chief of the national security division at the Justice Department, is departing on Oct. 15, less than a month before the U.S. presidential election. Carlin, who has served in government for more than 15 years, oversaw a range of prominent cases in three and a half years since assuming an acting rank of the Justice Department's top national security lawyer in March 2013, including the prosecution of one of the 2013 Boston Marathon bombers.



Czech investors agree to buy auction website aukro.cz from Naspers
The web is part of the Polish Allegro group, owned by South Africa's Naspers. Naspers has put up the Polish assets for sale. The Czech investors into the website with 3.8 million registered users are the site's founder Vaclav Liska with 50 percent, BDO Advisory partners Petr Kymlicka and Radovan Hauk with 25 percent, and Agora Development with the remaining 25 percent.

Special Report: From Israel via London, an online gambling scam traps thousands

Photo illustration shows a Euro and U.S. dollar minute chart seen against Euro and U.S. dollar bank notes arranged around the NRGbinary company logoBy Tova Cohen and Luke Baker RAMAT GAN, Israel (Reuters) - In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement of financial markets, stocks and commodities. While it was initially registered in Britain, NRGbinary was run from Israel and sold its products to clients in the Middle East, Canada and South Africa.



Know your options - binary, regular, or spread bet?
What's the difference between binary options, regular options and spread betting? All three financial products are derivatives - they let you profit from price moves in a stock, currency, commodity or other financial asset without owning the asset. BINARY OPTIONS allow people to take a position on the price movement over a fixed timeframe – most often a few minutes or hours.

Previous    1    2    3    4    Next