On topic: Tech news to know now

http://ift.tt/eA8V8J

Here’s what’s on the Wednesday menu.

James Comey’s departure and the tech industry: Where will his successor stand on encryption and surveillance issues? (Recode)

Apple buys Finnish company Beddit, the Fitbit of sleep. (Guardian)

Microsoft patches critical flaw that left most Windows PCs vulnerable. (Ars Technica)

Europe is considering new rules for big tech companies such as Google, Amazon amid complaints about unfair trading practices with smaller businesses. (Reuters, WSJ)

Senators ask FCC for details on the agency’s claim of denial-of-service attacks on its website amid the battle over net neutrality. They want answers by June 8. (NPR)

Yahoo spent an additional $16 million in the first quarter because of the big hacks. (Filing)

Amazon to share its new building in Seattle with a homeless shelter. (NYT)

SoftBank is said to be near closing on a $95 billion technology fund. (Bloomberg)

Venture-backed fintech company Lemonade gets license to sell insurance in California. (Reuters)

 

Photo: Then-FBI Director James Comey at a news conference in the Rose Garden of the White House on June 21, 2013 in Washington, D.C. (Olivier Douliery/Abaca Press/MCT)

May 10, 2017 at 11:35PM

http://ift.tt/2r0Vraw

from Levi Sumagaysay

http://ift.tt/2r0Vraw

Emerillon Capital et Sanderling Ventures joignent leurs forces afin de soutenir une nouvelle compagnie montréalaise en médecine de précision

http://ift.tt/eA8V8J

MONTRÉAL, QUÉBEC–(Marketwired – 10 mai 2017) – Emerillon Capital et Sanderling Ventures ont annoncé qu’ils unissaient leurs forces afin de financer PreciThera Inc, une compagnie émergente montréalaise de médecine de précision dédiée à la conception et au développement d’agents biologiques innovants pour le traitement de maladies orphelines. PreciThera a été fondée récemment par deux scientifiques de renommée mondiale ayant été des entrepreneurs à succès, les Drs. Philippe Crine and Susan Schiavi. Le but de ce financement initial est de lancer la compagnie et de sécuriser une importante ronde de financement de Série A avec des investisseurs canadiens et étrangers de haut calibre.

May 10, 2017 at 11:42PM

http://ift.tt/2r2VOT0

from

http://ift.tt/2r2VOT0

Cloud is How You Design Your Software, Not Where You Run it

http://ift.tt/eA8V8J
At Interop May 18, Cornelia Davis will describe the elements of cloud-native software, the type that’s designed to be change-tolerant.

May 10, 2017 at 11:41PM

http://ift.tt/2r0Ll9L

from Charles Babcock Editor at Large, Cloud

http://ift.tt/2r0Ll9L

Accounting firm earns recognition – Business Times of Western Colorado

http://ift.tt/eA8V8J

Accounting firm earns recognition Business Times of Western Colorado Dalby, Wendland & Co. was named runner-up for best local accounting firm in the Best of Colorado Business Choice program conducted by ColoradoBiz. Magazine. Dalby, Wendland & Co. also was recognized as a top regional firm in the Mountain States …

May 10, 2017 at 11:37PM

http://ift.tt/2r2uHaH

from

http://ift.tt/2r2uHaH

Emerillon Capital and Sanderling Ventures Join Forces Backing a New Precision Medicine Company Based in Montreal, Canada

http://ift.tt/eA8V8J

MONTREAL, QUEBEC–(Marketwired – May 10, 2017) – Emerillon Capital and Sanderling Ventures announced they are joining forces to finance PreciThera Inc, an emerging Montreal based precision medicine company dedicated to the design and the development of innovative biological agents for the treatment of orphan diseases. PreciThera was recently founded by two internationally renowned scientists and successful entrepreneurs, Drs. Philippe Crine and Susan Schiavi. This initial financing is aimed at launching the company and securing a significant Series A round with several top tier Canadian and foreign investors.

May 10, 2017 at 11:42PM

http://ift.tt/2qU0bSQ

from

http://ift.tt/2qU0bSQ

MIT’s Andrew McAfee and the Incredible Rate of Change

http://ift.tt/eA8V8J
Interop ITX keynoter Andrew McAfee will explore the ways technology is changing the way companies do business, and how more changes will happen at supersonic speed.

May 10, 2017 at 11:41PM

http://ift.tt/2qs8OEL

from James M. Connolly Executive Managing Editor, InformationWeekEditor in Chief

http://ift.tt/2qs8OEL

IIROC Trade Resumption / L’OCRCVM permet la reprise de la négociation – NDM

http://ift.tt/eA8V8J

TORONTO, ONTARIO–(Marketwired – May 10, 2017) – Trading resumes in / Reprise des négociations pour :

May 10, 2017 at 11:42PM

http://ift.tt/2pxMCEd

from

http://ift.tt/2pxMCEd

How a Nintendo superfan turned his Switch into the perfect Super Nintendo throwback

http://ift.tt/2r0QXkk

Nintendo’s new video game console, the Switch, is a major hit. It’s sold out in many stores, and…

May 10, 2017 at 11:37PM

http://ift.tt/2plch7T

from

http://ift.tt/2plch7T

Taxpayers Paying a Fortune to Protect Trump Family

http://ift.tt/gRbUTW

It cost U.S. taxpayers more than $31 million to protect President Donald Trump and his family during his first 100 days in the White House, according to the Los Angeles Times. Although the Secret Service is mum on how much money it officially costs to protect the Trumps — including first lady Melania Trump and son, Barron, who live in Trump Tower in New York — the Times’ $31 million security price tag figure is based on publicly released budget data, government databases and documents from watchdog groups. This figure is based on the cost of having New York City police officers, firefighters and the Secret Service protect the first lady and 11-year-old Barron while he finishes out the school year in New York.

May 10, 2017 at 11:37PM

http://ift.tt/2qU5Bxw

from

http://ift.tt/2qU5Bxw

Canadian pension fund bats off Brexit worries with City expansion

http://ift.tt/eA8V8J

May 10, 2017 at 11:40PM

http://ift.tt/2pxtl5E

from Lucy Burton

http://ift.tt/2pxtl5E

BRIEF-NorCom Information Technology Q1 EBITDA up at 0.42 million euros – Reuters

http://ift.tt/eA8V8J

BRIEF-NorCom Information Technology Q1 EBITDA up at 0.42 million euros Reuters SAN FRANCISCO, May 10 Facebook is planning to intensify its crackdown on so-called clickbait websites, saying it will begin giving lower prominence to links that lead to pages full of deceptive or annoying advertisements.

May 10, 2017 at 11:18PM

http://ift.tt/2qsftyC

from

http://ift.tt/2qsftyC

Information technology company closing North Carolina office – Lexington Herald Leader

http://ift.tt/eA8V8J

Information technology company closing North Carolina office Lexington Herald Leader An information technology company is closing an office in North Carolina, eliminating the jobs of 100 people. The News & Observer of Raleigh reported (http://bit.ly/2pvsIdH) that CGI Federal told the North Carolina Commerce Department late last month … and more »

May 10, 2017 at 11:18PM

http://ift.tt/2r2OHKf

from

http://ift.tt/2r2OHKf

Andy Slavitt Takes Job as Senior Advisor at AVIA

http://ift.tt/eA8V8J

Rajiv Leventhal

Andy Slavitt, former CMS Administrator, has been named as a senior advisor at Chicago-based AVIA, a network that aims to help health systems seeking to innovate and transform.

May 10, 2017 at 11:17PM

http://ift.tt/2qTT9Oe

from Rajiv Leventhal

http://ift.tt/2qTT9Oe

Federal government records $182.4 billion budget surplus

http://ift.tt/eA8V8J
Federal government records $182.4 billion budget surplus in April, second largest on record

May 10, 2017 at 11:22PM

http://ift.tt/2qsmteF

from

http://ift.tt/2qsmteF

Adidas is cutting back its golf business

http://ift.tt/2r2ALzK

Adidas officially announced that it will sell parts of its golf division for $425 million.

The divestiture includes the TaylorMade, Adams Golf and Ashworth brands, which will be offloaded to buyout firm KPS Capital Partners. The firm will pay half of the sum in cash, and half in a combination of secured note and contingent considerations. The deal is expected to close in fall 2017.

The announcement comes less than a week after Adidas revealed that it had decided to enter negotiations with interested parties to sell parts of its golf business. Initial talks around the sale of golf brands were formally announced in August.

“We welcome all Adidas Golf employees who will be integrated into our Adidas Heartbeat Sports Business Unit,” Adidas CEO Kasper Rorsted said in a statement. “Our focus is clearly on our core competencies in footwear and apparel and on our two major brands, Adidas and Reebok.”

New York-based KPS Capital, which manages more than $5.7 billion in investments, counts Chassis Brakes and Heritage Home Group among their other portfolio holdings.

Guggenheim Securities served as exclusive financial advisor to Adidas, while Richter & Hampton acted as legal counsel.

SEE ALSO: Adidas executive reveals a huge advantage that’s helping it beat Nike and Under Armour

Join the conversation about this story »

NOW WATCH: Animated map of what Earth would look like if all the ice melted

May 10, 2017 at 11:18PM

http://ift.tt/2q3Rkgm

from Joe Ciolli

http://ift.tt/2q3Rkgm

Here are the 25 cities where a stay at a five-star hotel will cost you the most money

http://ift.tt/2q5kNoI

Getting some shut-eye at a stylish hotel will cost you significantly more in certain cities.

As part of the bank’s annual survey of global prices, Deutsche Bank analysts released a report on where in the world a stay at a five-star hotel will cost you the most.

To come up with the ranking, Deutsche Bank compared the cost of a one-night stay at a Hyatt Regency property in a king- or queen-size room in mid-November. If a city did not have a Hyatt Regency location, analysts considered Park Hyatts or other hotel brands of similar quality.

Here’s where a one-night stay at a luxury hotel will cost you the most.

SEE ALSO: The 25 most expensive weekend getaways in the world

25. Mexico City

Cost of one night: $332

24. Cape Town, South Africa

Cost of one night: $335

23. Oslo, Norway

Cost of one night: $339

See the rest of the story at Business Insider

May 10, 2017 at 11:18PM

http://ift.tt/2pweMzg

from Madeline Stone

http://ift.tt/2pweMzg