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The group, known as the Financial Services Information Sharing and Analysis Center, or FS-ISAC, includes all major U.S. "There are no credible threats posed to the financial services sector at this time," the group said in an email to its members. FS-ISAC told members in the email that it decided not to raise its barometer of threats facing banks during a regularly scheduled conference call on Thursday. more...


By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday. The effort, which Google calls Project Wing, marks the company's latest expansion beyond its Web-based origins and could help Google break into lucrative markets such as commerce and package delivery, ratcheting up the competition with Amazon.com Inc. Google, the world's largest Internet search engine, said it will take years of development to create a service with multiple vehicles flying multiple deliveries per day. An early version of the drone, which Google showcased in a video on its website, has a 1.5 meter-(yard-)wide wingspan and is capable of flying pre-programmed routes. "These planes have much more in common with the Google self-driving car than the remote-controlled airplanes people fly in parks on weekends," Google said on its website, referring to the company's test fleet of automobiles that use sensors and radars to navigate city streets and freeways on their own. more...


Alibaba Group Holding Ltd said on Friday it will open a fifth data center in Shenzhen to service AliCloud, the latest sign of its growing investment in the small but potentially lucrative cloud computing business. Established in 2009, AliCloud posted $38 million in revenue during the quarter ending June, a relatively small slice of Alibaba's $2.54 billion in total revenue for the quarter, according to Alibaba's financial disclosures filed ahead of its imminent initial public offering in New York. AliCloud, which has been likened to a budding version of the cloud service run by Alibaba's U.S. AliCloud's new data center will serve "large and small companies, financial institutions and other third parties in southern China," the company said in a statement on Friday. more...


By Christina Farr SAN FRANCISCO (Reuters) - For a growing U.S. Food and Drug Administration for mobile applications that monitor patients from home, a step forward for a nascent digital health industry that has pressed for more clarity from the agency on regulations. AliveCor said it received the FDA's approval to detect serious heart conditions in electrocardiogram (ECG) readings taken from a mobile device. "Atrial fibrillation is very hard to identify," said Euan Thomson, AliveCor's chief executive. more...


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