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The Consumer Financial Protection Bureau last week ordered Citibank and its subsidiaries to pay about US$700 million in relief to eligible consumers and a $35 million civil penalty for, in essence, scamming consumers into paying for unwanted credit card add-on products and services This is the 10th action the bureau has undertaken against banks for...
Space fever seems to be catching on. Stephen Hawking and a group of other high-profile space scientists joined with Russian billionaire Yuri Milner this week to announce a new US$100 million effort to search for intelligent alien life The funding will go to the Breakthrough Initiatives' Breakthrough Listen program....
White-hat hackers Charlie Miller and Chris Valasek remotely took over a Jeep Cherokee, ran its controls, then cut the transmission as it sped at 70 mph along Interstate 64 in an experiment conducted with Wired They turned on the air conditioning, switched radio channels, turned on the windshield wipers, activated the windshield washer fluid pump, a...
Apple's stock slid on Wednesday following the company's fiscal Q3 earnings report late Tuesday. Shares opened at $122.05 -- more than US$8 down from Tuesday's closing price of $130.75 -- but inched upward to close the day at $125.22....
Yet another Android smartphone hit the market last week -- but what's surprising is that it comes from Commodore The device, named the "Commodore PET," runs Android 5.0 Lollipop, and has a 5.5-inch full HD 1920 x 1080 IPS OGS display....
About 40 million swingers and sexual sophisticates have been whimpering in fear since hearing Sunday's news that hackers broke into the servers of Avid Life Media, the parent company of online cheating site Ashley Madison. The hackers stole large caches of personal data, Krebs on Security reported....
Photos transmitted from 4 billion miles away by NASA's New Horizons Pluto space probe have sparked fresh interest in space exploration New Horizons traveled more than 3 billion miles over a nine-and-a-half year stretch to reach the Pluto system.
United States law enforcement agencies and their counterparts in 19 countries on Wednesday announced they had dismantled the Darkode hackers' forum Charges, arrests and searches were launched against 70 Darkode members and associates around the world, and 12 people associated with the forum were indicted in the U.S....
Three new vulnerabilities in Adobe Flash Player have been reported over the past two weeks, triggering a storm of protest and leading Mozilla and Google to ban the plug-in from their Firefox and Chrome browsers, respectively "It is time for Adobe to announce the end-of-life date for Flash and to ask the browsers to set killbits on the same day," Fa...
The next version of Android Wear, reportedly scheduled for release in August, will bring tap gestures and watch-to-watch communications, according to Phandroid The update initially was scheduled for launch on July 28th....
The haters have won at Reddit, forcing the ouster of interim CEO Ellen Pao and her replacement by cofounder and former CEO Steve Huffman Board member Sam Altman, who led a US$50 million investment round in the firm, on Saturday announced Pao's resignation and Huffman's appointment, lashing out at the campaign against Pao....
There are more than 300,000 pieces of debris larger than 1 cm circulating less than 2,000km above Earth, and the Ecole Polytechnique Federale de Lausanne's Space Engineering Center, aka "eSpace," is working on a solution to the problem EPFL this week announced that its CleanSpace One satellite project has passed a milestone toward its goal of launc...
IBM Research on Thursday announced that an alliance it leads has produced the first 7nm node test chips with functioning transistors Big Blue's partners are GlobalFoundries, Samsung and the State University of New York Polytechnic Institute's Colleges of Nanoscale Science and Engineering (SUNY Poly CNSE)....
The New York Stock Exchange on Tuesday halted all transactions for three hours, due to what it maintained was a technical glitch Trading continued on the other exchanges belonging to its owner, holding company Intercontinental Exchange....
A highly sophisticated group of hackers who use cutting-edge techniques to shield their attacks from detection has been bedeviling corporations around the world for several years The group, which Symantec dubbed "Morpho" and Kaspersky Lab calls "Wild Neutron," has hit multibillion-dollar corporations in the Internet, software, pharmaceutical and co...
More than 208,000 people have signed a Change.org petition calling on Reddit interim CEO Ellen Pao to step down Many Redditers fear Pao will run Reddit into the ground, the petition claims, noting that alternative sites have sprung up in recent months and received vast amounts of traffic....
Fireworks of a different kind rocked the security world this Fourth of July weekend, when news surfaced that hackers breachedHacking Team, an Italy-based firm that develops malware for sale to governments and law enforcement. The attackers exposed 400 GB of data stolen from its servers, including sales records, according to reports "It appears [Hac...
The United States Federal Bureau of Investigation for the past year has been on the hunt for people slashing fiber-optic cables throughout the San Francisco Bay Area The FBI called for the public's assistance in June, after 10 attacks had taken place. The 11th occurred on Tuesday, when someone severed cables used by Wave Broadband....
Some aspects of CEO Satya Nadella's vision for Microsoft are becoming more clear. For one thing, the company's interest in advertising is seriously on the wane. Microsoft reportedly has handed off most of its digital advertising sales business to AOL, along with a possible 1,200 employees who will be given the opportunity to go where their jobs ar...
The SpaceX CRS-7 rocket failed minutes after Sunday's launch, blowing up in mid-air Just after T+2 minutes, when the craft's altitude was 32 km, its speed was 1 km/second, and its downrange distance was 30 km, its flight path apparently began curving downward. Three explosions then occurred.
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