A watchdog report warned that the Pentagon "may not have timely access" to the National Guard's cyber-emergency capabilities during an attack.
A Google Solve for X team focused on drones, Project Wing, today announced a plan to commence aerial burrito delivery, in partnership with Chipotle, on the campus of Virgina Tech next week.
Project Wing’s mission it to make fully autonomous, or self-flying drones, that can deliver anything to anyone. But the X team is focused, for now, on delivering small packages in the U.S. and… Read More
In a compromise, the FCC will require cable operators and other pay-TV providers to offer apps that provide access to TV content.
An anonymous reader quotes a report from CNNMoney: Everyone hates paying bank fees. But imagine paying fees on a ghost account you didn't even sign up for. That's exactly what happened to Wells Fargo customers nationwide. On Thursday, federal regulators said Wells Fargo employees secretly created millions of unauthorized bank and credit card accounts -- without their customers knowing it -- since 2011. The phony accounts earned the bank unwarranted fees and allowed Wells Fargo employees to boost their sales figures and make more money. Wells Fargo confirmed to CNNMoney that it had fired 5,300 employees related to the shady behavior over the last few years. Employees went so far as to create phony PIN numbers and fake email addresses to enroll customers in online banking services, the CFPB said. The scope of the scandal is shocking. An analysis conducted by a consulting firm hired by Wells Fargo concluded that bank employees opened up over 1.5 million deposit accounts that may not have been authorized, according to the CFPB. Wells Fargo is being slapped with the largest penalty since the CFPB was founded in 2011. The bank agreed to pay $185 million in fines, along with $5 million to refund customers. The report says that "employees moved funds from customers' existing accounts into newly-created accounts without theier knowledge or consent," which resulted in "customers being charged for insufficient funds or overdraft fees," since their original accounts didn't contain the money. What's more is that "Wells Fargo employees also submitted applications for 565,443 credit card accounts without their knowledge or consent," causing customers who had unauthorized credit cards opened in their names to be "hit by annual fees, interest charges and other fees."
Read more of this story at Slashdot.
Buying cool is the best way for big companies to stay cool. Snapchat rightly believes in itself, and now it’s getting bankers to bet on that vision without selling its precious equity. Snapchat has secured a line of credit led by Morgan Stanley, potentially with other banks participating, according to Recode. Snapchat can borrow against that credit line and pay it back later if it… Read More
Everyone has a different preference for how to watch Disrupt, so we’re giving you tons of options. Here’s what’s on deck for the show. How to live stream Disrupt SF 2016 TechCrunch.com – The entire show will be live streamed to TechCrunch.com. The video feed will be featured on the homepage. There’s no way you can miss it. YouTube – The entire show will… Read More
Technically Incorrect: A Florida man claims he was charging his Samsung phone in his Jeep Grand Cherokee when it exploded.
Users searching for directions from Point A to Point B in Google Maps just got a few more options for getting there. According to the official Google Maps blog, both the iOS and Android versions now include estimated fares and wait times for rideshar...