Posts From King World News

Owner of Ashley Madison website confirms some authentic data leaked

Avid Life Media, the company behind infidelity website AshleyMadison.com, confirmed on Wednesday that some legitimate data has been stolen from it and published online, but said it has never stored credit card information on its servers. Hackers dumped a massive cache of data about Ashley Madison users online late on Tuesday, posting it on a part of the Internet that is only accessible by using a specialized browser. The release

China summons Western tech firms, revives bank cyber rules

China has resumed work on a set of banking cyber security regulations it suspended earlier this year, reviving a potential source of friction with the United States just weeks before Xi Jinping makes his first trip to Washington as China’s president, people with knowledge of the matter said. At a meeting last week in Beijing, officials from the China Banking Regulatory Commission (CBRC) told representatives from several Western technology companies,

3D printed drone launched from warship

By Matthew Stock A team of engineers from the University of Southampton launched a 3D printed unmanned aerial vehicle (UAV) from the bow of a Royal Navy warship in a bid to demonstrate the potential use of lightweight drones at sea. After being launched from HMS Mersey off the Dorset coast in the south of England, the UAV was flown autonomously on a pre-programmed route for a few before landing

Taxi app GrabTaxi raises $350 million from CIC, others

Taxi-booking app GrabTaxi Holdings Pte Ltd said it raised over $350 million from investors including sovereign wealth fund China Investment Corporation, in the Southeast Asian company’s largest ever fundraising round. Other investors include hedge fund Coatue Management LLC and China’s mobile car-ride hailing company Didi Kuaidi, GrabTaxi said in a statement, adding that it would use the funds to expand its private vehicle hire and motorbike booking services and invest

Mind-controlled movie: a quantum leap for cinema?

Using a wireless brain scanner that reads both muscular and brainwave data, the system allows the user to manipulate the film’s structure. Creator Richard Ramchurn said the audience can subconsciously project their feelings onto the film and have these feelings visualized by the shape the film takes. Using a commercially available electroencephalography (EEG) headset from company NeuroSky, Ramchurn’s first prototype set out to prove the platform’s potential.

U.S. oil falls to six-year low on U.S. stockpile build

U.S. oil prices hit their lowest in almost six and a half years on Wednesday after U.S. data showed an unexpected rise in crude stockpiles. U.S. crude stocks were up 2.6 million barrels at 456.21 million barrels last week, the U.S. Energy Information Association (EIA) said. Stocks at Cushing, Oklahoma, the delivery point for U.S. crude futures, rose 326,000 barrels to 57.44 million.