Technology

Hackers probe defenses of Middle East banks

Hackers probe defenses of Middle East banks

Hackers probe defenses of Middle East banks Hackers are probing the defenses of banks in the Middle East, targeting employees with infected emails which gather information about the banks’ network and user accounts, FireEye researchers said. FireEye, a U.S. cyber security company investigating the February attack on Bangladesh’s central bank …

Read More »

Wrist-band device for alcohol monitoring wins U.S. prize

Wrist-band device for alcohol monitoring wins U.S. prize

Wrist-band device for alcohol monitoring wins U.S. prize A San Francisco-based company has won a U.S. government-sponsored competition with an alcohol monitoring devices that can be worn on the wrist, the latest milestone in the development of wearable technologies that monitor and diagnose medical conditions. BACtrack, a privately held medical …

Read More »

Nokia returns to mobile phones with brand-licensing deal

Nokia returns to mobile phones with brand-licensing deal

Nokia returns to mobile phones with brand-licensing deal Nokia (NOKIA.HE) said on Wednesday it has signed an exclusive 10-year licensing deal with Finnish company HMD Global Oy to create Nokia-branded phones and tablets. Nokia said it will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both …

Read More »

Can Buffett-backed bid unlock Yahoo growth

Can Buffett-backed bid unlock Yahoo growth

Can Buffett-backed bid unlock Yahoo growth Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc’s Internet assets. The Berkshire Hathaway Inc chairman is backing a consortium that includes …

Read More »

Canadian oilfield workers readying return after wildfire

Canadian oilfield workers readying return after wildfire   Workers for one of the largest oil sands companies affected by a wildfire in northern Canada will begin returning to the shuttered facilities on Thursday, a union official said, the latest indication the key petroleum production area was slowly coming back online. …

Read More »

Uber’s deal with U.S. drivers looks cheap

Uber’s deal with U.S. drivers looks cheap Uber is getting off cheaply in its deal with disgruntled U.S. drivers. Treated as employees rather than independent contractors, the ride-hailing service might have had to pay them as much as $730 million more, according to court papers. That makes a $100 million settlement …

Read More »

Nokia network sales weighed down by Alcatel integration

Nokia network sales weighed down by Alcatel integration Nokia’s (NOKIA.HE) mobile network equipment sales fell more than expected in the first quarter and will continue to decline this year, the Finnish company said, as customers hold off new orders while it integrates its purchase of rival Alcatel-Lucent. Nokia bought Franco-American …

Read More »

Facebook beverages won’t be a thing in China after rare trademark win

Facebook beverages won’t be a thing in China after rare trademark win Chinese people won’t be able to quench their thirst with a refreshing “face book” beverage, after the U.S. social networking company won a rare trademark victory against a local firm in China. By contrast, Apple Inc (AAPL.O) last …

Read More »

Convoy leads Canada fire evacuees through burning city to safety

Convoy leads Canada fire evacuees through burning city to safety Convoys of evacuees stranded by a wildfire raging in and around the Canadian oil town of Fort McMurray made their way on Friday through the heart of the devastation on the only highway out of the region, as officials warned …

Read More »

SpaceX rocket launches satellite, then lands on ship at sea

SpaceX rocket launches satellite, then lands on ship at sea An unmanned SpaceX Falcon 9 rocket blasted off from Florida on Friday to put a communications satellite into orbit, then made a swift return landing on an ocean platform, a live webcast showed. It was the second successful landing at …

Read More »