By Yasmeen Abutaleb MENLO PARK, Calif. (Reuters) – Facebook Inc announced on Thursday it has completed building its first full-scale drone, which has the wingspan of a Boeing 737 and will provide Internet access to the most remote parts of the world. The plane will weigh about 880 pounds (400 kg), said Yael Maguire, the company's engineering director of connectivity
Read moreThe FBI is struggling to attract computer scientists to its cybersecurity program mainly due to low pay, a report by the U.S. Department of Justice showed, highlighting weaknesses in a flagship initiative to tackle growing cyber threats. As of January 2015, The Federal Bureau of Investigation had only hired 52 of the 134 computer scientists it was authorized to employ under the Justice Department's Next Generation Cyber Initiative launched in 2012, the report showed
Read moreDeutsche Bank will outsource large parts of its wholesale banking IT infrastructure to U.S.-based Hewlett-Packard (HP) in a multibillion-dollar deal that leaves the group's retail operations untouched. Under the 10-year agreement, HP will provide computing capacity and data storage to host Deutsche's operations, the two companies said in a joint statement on Tuesday. Deutsche will retain activities such as IT architecture and information security.
Read moreBy Piya Sinha-Roy LOS ANGELES (Reuters) – There were underpants, Lego statues and a nail-biting finale on the Oscars stage on Sunday, but it was Lady Gaga's “Sound of Music” spectacular that sparked the most chatter on social media. The Oscars lit up digital platforms, with 21 million people logging 58 million interactions about the awards ceremony on Facebook Inc, according to figures from the social networking site on Monday. Lady Gaga performed a medley of hits from “The Sound of Music” and then was joined by Julie Andrews on stage for the 50th anniversary of the musical, which was talked about by 214,000 people per minute globally on Facebook, the company said.
Read moreBy Peter Rudegeair NEW YORK (Reuters) – DriverUp, a U.S. online marketplace that allows hedge funds to invest directly in car loans, launched on Monday with a $50 million investment from venture capital firms
Read moreBy Phil Stewart CAMP ARIFJAN, Kuwait (Reuters) – New U.S.
Read more