Carnegie Mellon University wrongly tells 800 applicants they got in

(Reuters) – Carnegie Mellon University mistakenly informed about 800 applicants that they had won a place in one of the school’s prestigious computer science programs before retracting the acceptance letters, the school said. The acceptance letters were sent by email on Monday, according to the Pittsburgh-based school.

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TransferWise launches U.S. money transfer service, eyes more markets

By Jemima Kelly LONDON (Reuters) – British online money transfer business TransferWise launched its U.S. operation on Tuesday, the first step of an international expansion that will use $58 million in new backing to compete with the likes of Western Union and MoneyGram. TransferWise is among the biggest of a clutch of internet start-ups that have begun to challenge the dominance of the established companies and banks that provide money transfer services for ordinary consumers.

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Snapchat seeks new funding at up to $19 billion valuation: Bloomberg

(Reuters) – Snapchat is looking to raise as much as $500 million in a new funding round that would value the mobile messaging company at up to $19 billion, Bloomberg reported on Tuesday, citing a person with knowledge of the matter. The latest valuation is a massive increase for the company, which Facebook Inc offered to buy for $3 billion in late 2013.

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U.S. to allow export of smartphones, PCs to Sudan to boost access

The United States on Tuesday eased restrictions on the export of some personal telecommunications devices to Sudan such as smartphones and computers, to help give ordinary Sudanese greater access to social networking and the Internet. The licensing changes announced by the U.S. Treasury will cover personal devices such as computers, mobile phones, radios and digital cameras, and related software and services, U.S.

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Australian documentary unspools race riots dating back to 19th century

By Pauline Askin SYDNEY (Reuters) – A racist flare-up in a beachside Sydney suburb hit the global spotlight nine years ago, besmirching Australia's reputation as a sun-drenched oasis wooing migrants from around the world. A TV documentary attempts to show the alcohol-fueled riots of December 2005 were not an aberration and that racial tension in Australia had simmered long before the Cronulla Beach incident pitted white surfers against ethnic Lebanese youths. “The Great Australian Race Riot” documents nine major riots since the mid-19th century, beginning with sectarian violence between Irish Catholics and British Protestants living in Melbourne that led to bloodshed on city streets in 1846.

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Russian researchers expose breakthrough U.S. spying program

By Joseph Menn SAN FRANCISCO (Reuters) – The U.S. National Security Agency has figured out how to hide spying software deep within hard drives made by Western Digital, Seagate, Toshiba and other top manufacturers, giving the agency the means to eavesdrop on the majority of the world's computers, according to cyber researchers and former operatives.

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Europe’s airlines race for Wi-Fi in battle for passengers and new revenues

By Victoria Bryan and Sarah Young BERLIN/LONDON (Reuters) – Europe’s airlines are racing to add Wi-Fi to their planes, eager to attract Internet-hungry customers in a cut-throat short-haul market and potentially add millions of dollars of revenue through entertainment, services and advertising.

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Cybercrime ring steals up to $1 billion from banks: Kaspersky

(Reuters) – A multinational gang of cyber criminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky Lab said on Saturday. The company said it was working with Interpol, Europol and authorities from different countries to try to uncover more details on what it being called an unprecedented robbery. It said the gang included cyber criminals from Europe, including Russia and Ukraine, as well as China.

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