Category: Technology
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Visa is changing how people pay
Payments technology has changed significantly over the last twenty years, with traditional cash payments being slowly outmoded by other methods of payment. This is due in large part to Visa, which, along with other credit card companies, has driven and revolutionised payment technology. Their latest payment innovation is a wearable pay band. According to Visa, the payment…
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Airbus unveils Pop.Up passenger drone in Geneva
Airliner manufacturer Airbus has launched its concept for a passenger drone capable of morphing into a car at the Geneva Motor Show. The conceptual model, titled the Pop.Up, envisions a transport option made up of a 2.5m x 1.4m x 1.5m pod. The capsule can both attach to a chassis on roads to transform into a two-seater…
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Tech giants respond to CIA hacking leaks
Technology titans including Apple, Samsung and Microsoft have been quick to respond to the Wikileaks files detailing CIA hacking tools by publishing security reviews of their products. The whistleblower website, founded by Julian Assange in 2006, published on Tuesday the first part of what it code-named ‘Vault 7’. ‘Vault 7’ is the largest ever collection of…
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Wikileaks drop ‘Vault 7’ documents
Wikileaks have dropped thousands of documents that reveal sensitive information about the CIA and their entire hacking capabilities. The documents allege that the CIA exploited flaws within Apple and Samsung phones to monitor the actions of citizens and corporations. The CIA reports show the USG developing vulnerabilities in US products, then intentionally keeping the holes open. Reckless beyond…
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Bitcoin value overtakes gold for first time
The digital cryptocurrency known as Bitcoin has exceeded the value of gold for the first time since the introduction of the payment method in 2009. Demand for the digital currency has skyrocketed in recent times,particularly in China. Its stock price closed today at a base value of US$1268, with an ounce of gold trailing it at…
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Yahoo CEO reprimanded in fallout from data breach
Yahoo CEO Marissa Mayer has agreed to forgo her annual bonus due to the multiple data breaches the technology company suffered during her tenure. Marissa Mayer, who became CEO of Yahoo in 2012, released a statement on Tumblr that announced that she was giving up her annual bonus and equity grant because of the data breaches. “I…
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Amazon cloud crash disrupts Internet users
A major server controlled by Internet giant Amazon crashed briefly yesterday, causing widespread disarray amongst Amazon Cloud users and varying problems for major websites including Netflix, Adobe, AirBnB and the Harvard Business Review. The Amazon S3 server is used by around 1% of the top 1 million websites, according to SimilarTech. Amazon itself described the problems…
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Boston Dynamics unveil intimidating new robot
Boston Dynamics are the Google-owned robotics team who have terrified the world with Spot, the robot dog. The company have been committed to changing what the world knows about robotics in terms of mobility, agility, dexterity and speed within robotics. Many people believe that they’ve done that with their new robot, Handle. Handle is a 1.98m robot that…
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Legal hacking startup just got $40 million for growth
Although hacking is usually considered negative, this legal startup facilitates a connection between companies and ethical hackers. HackerOne is a marketplace where companies can pay hackers to identify and rectify security flaws in their software. The company has just raised $40 million in venture capital funding to allow them to continue to grow and expand.…
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Telstra launched mobile network 10 times faster than NBN
Mobile internet has now surpassed the speed of the National Broadband Network (NBN) with Telstra’s new mobile network. Telstra today launched the world’s first Gigabit LTE network, which is capable of internet speeds ten times faster than those of the NBN. At a media demonstration in Sydney, a computer connected to the Gigabit LTE network…