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Tech`s news

By Warren Strobel and Mark Hosenball WASHINGTON (Reuters) - At 3:59 p.m. EDT on Sunday, the National Security Agency and telecommunications companies will begin mothballing a once-secret system that collected Americans' bulk telephone records, shutting down computers and sealing off warehouses of digital data. If the U.S. Congress fails to act, key provisions of the USA Patriot Act will lapse in a watershed moment in the post-Sept. 11, 2001, era. Intrusive government powers, created and wielded in the name of preventing another mass-casualty terrorist attack, would be at least partly scaled back, proponents and critics of the surveillance say. more...


By Tim Kelly TOKYO (Reuters) - The United States will extend its cyber defense umbrella over Japan, helping its Asian ally cope with the growing threat of online attacks against military bases and infrastructure such as power grids, the two nations said in a joint statement on Saturday. "We note a growing level of sophistication among malicious cyber actors, including non-state and state-sponsored actors," they said in a statement released by the U.S.-Japan Cyber Defense Policy Working Group, which was established in 2013. Cybersecurity is a key area where Japan and the United States are deepening their military partnership under a set of new security guidelines released in April, that will also integrate their ballistic missile defense systems and give Tokyo a bigger security role in Asia as China's military power grows.  Both the United States and Japan are wary of cyber threats, including potential attacks from China or North Korea. more...


By Nate Raymond NEW YORK (Reuters) - The accused mastermind behind the Silk Road underground website was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. Ross Ulbricht, 31, was sentenced by U.S. District Judge Katherine Forrest in Manhattan after a federal jury in February found him guilty of charges including distributing drugs through the Internet and conspiring to commit computer hacking and money laundering. "What you did was unprecedented," Forrest said. more...


By Harro Ten Wolde FRANKFURT (Reuters) - Apple Inc has acquired Metaio, a German company whose technology melds real-world imagery and computer-generated elements into moving video presentations, according to a corporate filing. Metaio's previous investors included Westcott LLC, the investment vehicle of entrepreneur Carl Westcott, the founder of floral delivery firm 1-800-Flowers , and Atlantic Bridge, a Silicon Valley-based growth equity technology fund. A document filed with a Munich court showed that Apple is now the company's sole shareholder. more...


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