WannaCry ‘hero’ to plead not guilty to accusation he wrote banking malware

August 5, 2017

US attorneys claim Marcus Hutchins, heralded as incidental hero for stopping major ransomware attack, admitted to creating Kronos malware targeting banks The British defence investigate who stopping the WannaCry ransomware attack, is accused of helping to create, spread and insist the banking trojan Kronos between 2014 and 2015 and is fronting six weighs of hacking-related commissions from the US Department of Justice( DoJ ), according to a lately unsealed indictment….


Apple issues statement regarding removal of unlicensed VPN apps in China

July 31, 2017

Apple has issued the following statement regarding last-place lights removal of most major VPN apps from the App Store in China. Unsurprisingly, Apple says that it is complying with regulations put in place by the Ministry of Industry and Information Technology earlier this year who are in need of VPN apps to be licensed by the government. VPN apps and works currently represent one of the only lanes that a…


Apple removes VPN apps from the App Store in China

July 30, 2017

The Chinese authorities crackdown on the internet continues with the information that Apple has removed all major VPN apps, which help internet users overcome the two countries censorship system, from the App Store in China. The move was first noted by ExpressVPN, a provider based outside of China, which said in a blog post all major VPN apps including its own had been purged from Apples China-based accumulate. The companionship…


Wit.ai is shutting down Bot Engine as Facebook rolls NLP into its updated Messenger Platform

July 28, 2017

Wit.ai announced this morning in a blog post that it would be sunsetting its Bot Engine. The Facebook-owned company builds developer tools for natural language processing to help engineers build speech and text chatbots faster and with less technical experience. Bot Engine launched as a beta in April of 2016. The tool let developers train their own bots using sample conversations sharing similar structure. These examples could stand infor real…


BloomAPI locks down $2.4M to fix medical record releases

July 14, 2017

Seattle-based BloomAPI is announcing a $2.4 million seed round led by Founders Co-op this morning for its solution to the broken medical records release process. Its no secret that the entire U.S. healthcare system is held back by antiquated technology but unlike many competitors, BloomAPI offers a solution that works with, and not against, the old-school technologies that are still the unfortunate reality for the industry. BloomAPI sits on top…


Jefferies gives IBM Watson a Wall Street reality check

July 14, 2017

IBMs Watson unit is receiving heat today in the form of a scathing equity research report from JefferiesJames Kisner. The group believes that IBMs investment into Watson will struggle to return value to shareholders. In recent years, IBM has increasingly leaned on Watson as one of its core growth units a unit that sits as a proxy for projecting IBMs future value. In the early days, IBMs competitive advantage was…


MateLabs mixes machine learning with IFTTT

July 13, 2017

If youve ever wanted to train a machine learning model and integrate it with IFTTT, you now can with a new offering from MateLabs. MateVerse, a platform where novices can spin out machine learning models, now works with IFTTT so that you can automatically set up models to run based on conditional statements. If youre not familiar with IFTTT, its an automation tool for creating your own if/then statements without…


How Bassem Hamdy aims to disrupt the construction industry

July 11, 2017

Construction the actual process of putting brick on brick to build something is still in the dark ages. While there is plenty of technology out there to help plan massive projects few people are thinking hard about what it takes to actually build. Luckily Bassem Hamdy is one the case. Hamdy works for Procore Technologies where he and his team build products to help construction sites work more smoothly. He…


Facebook addresses Silicon Valley’s affordable housing crisis

July 10, 2017

The social networking business which has been criticised for exacerbating the housing crisis in Menlo Park is to build 1,500 apartments Facebook is to build its own village of 1,500 homes for workers struggling to pay soaring rents as the housing crisis in Silicon Valley deepens. The social networking company has submitted plans to the local council to create a new neighbourhood of homes, shops and a public plaza across…


Apple just created, and killed, a generation of AR businesses

June 20, 2017

Two weeks ago, Apple introduced ARKit, its solution for placing 3D objects realistically into a real place. Basically, augmented reality. And it just so happens that the Holy Grail of the home decor and architecture game has been, for years, being able to place decor and furniture inside a customers actual space. Over the past decade, as mobile has taken off, that dream has been transferred from the desktop web…