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Technology News

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Business News

Illinois considers following other U.S. states in buying hacking insurance

SPRINGFIELD (Illinois News Network) -- With data breaches becoming more and more common, states are beginning to join corporations in getting insured for data breaches. Despite a 2016 breach of voter data, Illinois is still on the fence about getting coverage. A survey of 42 state chief information officers released last month showed a growing number of them are putting taxpayer dollars into insurance plans against data breaches. Thirty-eight percent said their state had taken up an insurance plan compared to 20 percent […]

todayNovember 28, 2017 17

Business & Lifestyle

Read this before you buy someone Bitcoin as a gift

This story is part of a new MarketWatch series, “Gifts that pay off.” Between now and Dec. 25, we will look at gifts that could potentially earn the recipients money or improve their lives. (MarketWatch) -- Digital currency Bitcoin has gone from a strange fringe trend to a mainstream technological phenomenon in the past year, exploding in value to more than $10,000 per coin. While some people warn that the currency is a bubble doomed to pop, others say it’s […]

todayNovember 28, 2017 37

Automotive News

Illinois could be one of the first states to have driverless vehicles on its roads

SPRINGFIELD (Illinois News Network) -- The head of the Illinois Department of Transportation says driverless cars are closer to the state’s roadways than you think. IDOT Director Randy Blankenhorn told a City Club of Chicago crowd earlier this month that the state is actively courting driverless vehicle testers to begin running on Illinois’ roadways. He says a task force with his department, the state police, the Secretary of State, and others are working to ensure Illinois is ready to be one […]

todayNovember 28, 2017 4

Business & Lifestyle

Twitter rolls out double character count after testing

SAN FRANCISCO (UPI) -- Twitter announced Tuesday it is doubling the character limit for most users' tweets after two months of testing shows the possibility of expanded content shouldn't "substantially change" the timeline reading experience. The social media company started testing the 280-character limit in September for some users tweeting in languages that tend to have "cramming issues." More "dense" languages like Japanese, Korean and Chinese don't have as many problems keeping posts under the 140-character limit unlike English, Spanish or […]

todayNovember 8, 2017 6

Business & Lifestyle

Reports: Broadcom making return to US, plans to buy Qualcomm in bid

WASHINGTON (UPI/Reuters) -- Broadcom Ltd. will bring $20 billion in revenue to the United States when it relocates its headquarters from Singapore, President Donald Trump said Thursday when he hosted the CEO of the semiconductor company at the White House. Trump hailed the announcement during remarks he made in the Oval Office on jobs and the Republican tax plan. "They employ over 7,500 American workers in many states across our country," the president said of Broadcom. "And we're looking forward to seeing that number […]

todayNovember 4, 2017 12

Business & Lifestyle

Tesla shares drop after posting wider-than-expected loss

PALO ALTO, Calif. (CNBC) -- Tesla shares fell Wednesday after the company posted a wider-than-expected loss as it spent heavily to ramp up production of its Model 3, its first mass market electric sedan. Complications with Tesla's manufacturing processes have slowed production of the Model 3, a car widely considered key to Tesla's future success. Hopes for the Model 3 have helped propel Tesla's stock so far this year. But in a letter to shareholders, Tesla warned it expects to […]

todayNovember 3, 2017 5

Business & Lifestyle

Facebook release: We’re now requiring disclosures for political ads

MENLO PARK, Calif. (UPI) -- Facebook on Friday said it is going to start requiring buyers of political advertisements to verify their identities and disclose who paid for the ads. The move brings Facebook political ads in line with federal requirements on political ads in print and broadcast. Under current U.S. law, digital platforms like Facebook, Google and Twitter aren't required to disclose who buys political ads the way more traditional media are required to like television and radio. Facebook, along with other […]

todayOctober 28, 2017 3

Business & Lifestyle

White House, FEMA statements: we have no involvement in restoring electricity to Puerto Rico

WASHINGTON/SAN JUAN, P.R. (UPI) -- The White House and the Federal Emergency Management Agency each said Friday they had nothing to do with the hiring of a small Montana company to restore electricity in Puerto Rico. A White House spokesman said President Donald Trump's administration wasn't involved in the decision, which has generated controversy among lawmakers on Capitol Hill. "Our understanding is the decision to give a contract to Whitefish Energy was made exclusively by Puerto Rico Electric Power Authority," the spokesman said […]

todayOctober 27, 2017 16

Business & Lifestyle

BNP to cut links with shale and tar sands groups

PARIS (UPI/Financial Times) -- Paris-based global banker BNP Paribas announced Wednesday it would no longer do business with companies whose primary activity involves oil and gas extracted from shale deposits, tar sands or Arctic campaigns in one of the most aggressive steps so far by an international bank to reduce exposure to fossil fuels. The lender and largest banking firm in France offered a long list of projects it would no longer finance, ranging from an end to the support for projects involved […]

todayOctober 11, 2017 7

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