Today's Top Technology Headlines
- BMW CEO hints there is space for more electric models
The chief executive of BMW hinted in a German paper that there was potential for another of its "i" electric car models. "Between the i3 and the i8, there is space if you look at it from the number point of view," Harald Krueger told Frankfurter Allgemeine Sonntagszeitung, when asked if he was planning new models. Krueger also said BMW was in regular contact with major technology companies, including Apple, over connected cars.
- Verizon's workers say no strike for now, union talks continue
By Malathi Nayak NEW YORK (Reuters) - Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired. Since June, the unions have been in talks with Verizon over the company's plans to cut costs by controlling healthcare and pension-related benefits over a three-year period. Last week, the Communications Workers of America (CWA) and International Brotherhood of Electrical Workers that represent over 37,000 wireline employees said they had voted to go on strike, if needed, after their contract expired on Aug. 1 at midnight.
- Former CEO of collapsed Mt.Gox bitcoin exchange arrested in Japan: reports
Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said. The French-born Karpeles, 30, is suspected of falsifying data on the outstanding balance of the exchange, at one point the world's largest hub for trading the digital currency, they added. When it filed for bankruptcy in February 2014, Mt. Gox said 750,000 customer bitcoins and another 100,000 belonging to the exchange were stolen due to a software security flaw.
- E&Y Japan arm launches internal probe of Toshiba audit
The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker's $1.2 billion accounting scandal, a person with knowledge of the matter said. Ernst & Young ShinNihon LLC has established a team of about 20 executives to investigate whether there were any problems with how it conducted its audits of Toshiba, the person said. Last month an external panel of lawyers and accountants hired to probe Toshiba's accounts found the company had inflated profits by 152 billion yen ($1.23 billion) over seven years by postponing the realization of losses and other schemes.
- Yahoo buys fashion website Polyvore
(Reuters) - Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings. Yahoo, which did not disclose terms of the deal, said Polyvore will accelerate its 'Mavens' growth strategy. The company has been focusing on four areas — mobile, video, native advertising and social — which it calls Mavens, to drive user engagement and ad sales as it battles intense competition from Google Inc and Facebook Inc .
- Apple, BMW in courtship with an eye on car collaboration
By Edward Taylor and Julia Love FRANKFURT/SAN FRANCISCO (Reuters) - BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW's headquarters last year and senior Apple executives toured the carmaker's Leipzig factory to learn how it manufactures the i3 electric car, two sources familiar with the talks told Reuters. The dialogue ended without conclusion because Apple appears to want to explore developing a passenger car on its own, one of the sources said.
- How to protect your wireless network from Wi-Fi Sense
If the recent controversy over Windows 10's Wi-Fi Sense feature has you concerned about wireless security, good. In this post, I explain why wireless security is as much social as it is technological, and suggest four ways to make your wireless network safer.
- When robots eliminate jobs, humans will find better things to do
- Obama Administration reveals toughest rules yet against climate change
Last year, the Obama Administration unveiled its plan to curb climate change with some of the stiffest environmental regulations yet. Tomorrow, President Obama will reveal the final rules, with targets that are even more aggressive than the draft regulations. Specifically, the 600-plus coal-fired power plants across the country are targeted by the regulations — it's said that the new policies will shut down hundreds of such plants, which are among the largest producers of greenhouse gases.
- Australian market leading the charge in cloud uptake: SAP ANZ MD
- Interpol is training police to fight crime on the Darknet
- Last night The Empire State Building became the face of extinction
Then 40 stacked projectors on the top of a nearby building switched on, and the Empire State Building became the world’s largest tombstone. Insects, sea creatures, mammals, and birds crawled, swam, and flew over the structure, as spectators "oohed" and "awed." At times, sounds of the rainforests also came through the speakers, transporting us from the Manhattan roof to the lush habitats these animals call home.
- America proves too tough for hitchhiking robot after vandals end cross-country trip
It seems the tough streets of Philadelphia were too much for a friendly little robot from Ontario. All the Hitchbot wanted to do was see the United States. But just two weeks after starting its cross-country journey in Boston, Hitchbot's trip has come to an unfortunate end. Last night, the cute little robot was vandalized and apparently decapitated in the city of brotherly love.
- Review: Migos' Young Rich Nation is a safe, but satisfying major label debut
Whatever you may think about the rambunctious rappers from Atlanta, Migos have certainly placed their stamp on the rap game. Takeoff, Quavo, and Offset have influenced countless rappers with the "Migos Flow." Everyone from Drake to Kanye West, to Rick Ross have emulated their cadence, quickly making the familial group with a flurry of mixtapes and no official album one of the most important acts in hip hop. Unabashedly more concerned with rhythm than rhymes, Migos have grown into a movement (Migos Beatles is the most insane fight on the Internet) and deservedly so.
- Dr. Dre's first new album in 16 years is coming out August 7th
Dr. Dre is finally giving his fans something new to listen to. The music producer, Apple executive, and N.W.A. rapper announced yesterday that he's releasing a new album on Friday, August 7th. It's called Compton: A Soundtrack by Dr. Dre, and it's Dre's first proper album since 1999's 2001.