Digital Ally shares rise in wake of South Carolina shooting

Shares of digital video and surveillance technology firm Digital Ally rose on Wednesday in heavier-than-average trading, after a white police officer was caught on video fatally shooting a 50-year-old black man in South Carolina. While the recording of the South Carolina shooting was captured by a bystander on an unspecified device, many view the body cameras made by Digital Video as a means of increasing law-enforcement accountability. The company also received heavy interest last year in the aftermath of the fatal shooting by a police officer of an unarmed black teenager in Ferguson, Missouri.

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Apple faces local battles as it prepares global payments push

By Eric Auchard FRANKFURT (Reuters) – Apple has made mobile payments look easy, after a decade of mostly failed experiments by banks, telecom operators and retailers to woo consumers away from cards and cash. Apple Pay has taken the United States by storm since its launch in September, and the company has said it already accounts for around $2 out of every $3 spent using “contactless” payments on the three big U.S. card networks

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EU antitrust regulators to investigate ecommerce

By Foo Yun Chee and Rene Wagner BERLIN (Reuters) – European Union regulators plan to investigate ecommerce to help remove barriers to cross-border trade in the 28-nation bloc, the EU's antitrust chief said, a move that may lead to action against companies which deliberately block online sales. European Competition Commissioner Margrethe Vestager said she decided to launch the year-long inquiry because such hurdles were hampering the growth of online sales. According to the European Commission, while one in two EU consumers shopped online last year, just 15 percent bought a product online in another EU country because of restrictions such as language, different laws and anti-competitive behavior, “It is high time to remove remaining barriers to ecommerce, which is a vital part of a true Digital Single Market in Europe,” Vestager told reporters at a conference organized by the German competition authority on Thursday

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Exclusive: IBM looking at adopting bitcoin technology for major currencies

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter. The blockchain – a ledger, or list, of all of a digital currency's transactions – is viewed as bitcoin's main technological innovation, allowing users to make payments anonymously, instantly, and without government regulation.

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NSA, British spies hack Gemalto to tap mobile calls: Intercept

(Reuters) – Digital security company Gemalto NV was hacked by American and British spies to steal encryption keys used to protect the privacy of cellphone communications, news website Intercept reported, citing documents provided by whistleblower Edward Snowden. The hack by the National Security Agency (NSA) and UK’s Government Communications Headquarters (GCHQ) allowed the agencies to monitor a large portion of voice and data mobile communications around the world without permission from governments and telecom companies, according to the report. NSA could not be immediately reached for comment

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NSA, British spies hack Gemalto to tap mobile calls: Intercept

(Reuters) – Digital security company Gemalto NV was hacked by American and British spies to steal encryption keys used to protect the privacy of cellphone communications, news website Intercept reported, citing documents provided by whistleblower Edward Snowden. The hack by the National Security Agency (NSA) and UK’s Government Communications Headquarters (GCHQ) allowed the agencies to monitor a large portion of voice and data mobile communications around the world without permission from governments and telecom companies, according to the report. NSA could not be immediately reached for comment.

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New games help King Digital revenue, profit beat estimates

(Reuters) – Mobile game maker King Digital Entertainment Plc's quarterly revenue and profit handily beat market estimates as newer games such as “Candy Crush Soda Saga” more than made up for declining popularity of older titles. King Digital, whose shares jumped 18 percent in extended trading on Thursday, also said it would buy Seattle-based game developer Z2Live Inc. Total gross bookings, an indicator of future revenue, increased 8 percent to $586 million in the fourth quarter ended Dec.

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Bitcoin exchange Bitstamp suspends service after security breach

LJUBLJANA (Reuters) – Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has suspended its service after a security breach on Sunday, resulting in loss of around 19,000 bitcoins. The breach represented a small fraction of its total bitcoin reserve and the majority was held in secure offline systems, the Slovenia-based firm posted on its website on Tuesday.

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