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Stock market shudders after false AP report of White House bombing
A fake post on Twitter by the Associated Press resulted in a 128-point drop in the stock market on Tuesday, USA Today reported. At 1:07 p.m., the AP’s Twitter account posted a fake “breaking news update” that read, “Two Explosions in the White House and Barack Obama is injured.” AP…
Australia poised for tech start-up boom: Google study
Tech start-ups could be worth Aus$109 billion (US$111 billion) to the Australian economy by 2033 — on a par with retail or education — and create half a million jobs, a report for Google found Tuesday. The PricewaterhouseCoopers (PwC) study “The Startup Economy” said that by global comparisons there is…
Ebay warns Internet sales tax unfair to small businesses
Ebay has begun lobbying millions of its users against a bill it claims will impose an unfair tax burden on small businesses. The US Senate is expected to vote early this week on the Marketplace Fairness Act, a bill that will give states the power to collect online sales tax…
Reddit apologizes for encouraging dangerous Boston ‘witch hunts’
Reddit on Monday apologized for being a rallying point for online witch hunts as amateur sleuths used the social news website to expose the people behind the bombing at the Boston Marathon. “Though started with noble intentions, some of the activity on Reddit fueled online witch hunts and dangerous speculation…
White House: Internet sales tax ‘will level the playing field’
The White House Monday backed a Senate bill to force online retailers like Amazon and eBay to collect state and local sales taxes, hoping to end a cost disadvantage hampering bricks and mortar businesses. The bill, which was being debated in the Senate on Monday, could lead to the recouping…
Google CEO Schmidt calls for end to private drone use
Google executive chairman says in Guardian interview that technology has potential to ‘democratise the ability to fight war’ The use of cheap, miniature “everyman” drones needs to be banned by international treaties before such devices fall into the hands of private users including terrorists, the head of Google has said.…
French developers equip drone with ‘spaceship’ crowdsourcing app
European Space Agency scientists have developed a smartphone app that turns a toy drone into a virtual spacecraft on a mission to dock with the International Space Station, and uses crowd-sourced data from its manoeuvres to improve artificial intelligence on future missions. The free AstroDrone app for the iPhone and…
Quincy Jones still at the forefront of music tech with startup Playground Sessions
They say you can’t teach an old dog new tricks. It’s a good thing for us all then that Quincy Jones has been at the cutting edge of music technology for more than 60 years. The legendary record producer, conductor, arranger, composer, television producer, and……
Twitterers mistake Czech Republic for Chechnya in Boston bombings
Czech Republic laments Twitter geography after many suggest Boston bombings carried out by Czechs. David Trifunov Americans please take note, Czech Republic is a once-troubled yet entirely peaceful ally tucked into the heart of Central Europe. Chechnya is a restive Russian region that survived its… …
Wikileaks publishes transcript of ‘secret’ talk between Julian Assange and Google CEO Eric Schmidt
WikiLeaks has produced a transcript of a “secret” meeting between Google CEO Eric Schmidt and WikiLeaks publisher Julian Assange, who at the time was under house arrest in the United Kingdom. Schmidt and Jared Cohen, a former advisor to Hillary Clinton, were researching a book, “The New Digital… …
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