StdLib just raised $2 million to connect businesses via APIs

 Six years ago, Keith Horwood was known in his native Toronto as a former graduate student who’d hacked into his school’s student union election site, changing candidates’ titles for comic effect. (He was given what’s called a conditional discharge after paying a fine and performing community service.) He also determined that he’d rather become known…

Apple acquires SensoMotoric Instruments eye-tracking company

Apple acquires SensoMotoric Instruments. Apple confirmed its acquisition of SensoMotoric Instruments, a German computer vision company specialising in augmented reality (AR) and eye tracking, media reported. Apple essentially confirmed the deal, offering the standard statement it gives when it buys companies, reported Axios.com. “Apple buys smaller technology companies from time to time, and we generally…

Facebook now has 2 billion monthly users… and responsibility

 Thirteen years after launching and less than five years after hitting 1 billion, Facebook now has 2 billion monthly active users. If getting to 1 billion was about building a product, and getting to 2 billion was about building a user base, Facebook’s responsibility is to build empathy between us at it reaches for 3…

Facebook now has 2 billion monthly users…and responsibility

 “We’re getting to a size where it’s worth really taking a careful look at what are all the things that we can do to make social media the most positive force for good possible,” Facebook Chief Product Officer Chris Cox told TechCrunch about the company’s new milestone. 13 years after launching and less than 5…

RIL to raise Rs 25,000 crore via NCDs for Jio expansion

RIL’s annual general meeting will be held on July 21. Reliance Industries Ltd plans to raise Rs 25,000 crore through privately placed debentures as the energy-to-retail conglomerate seeks to replace existing high-cost borrowings as well as build a war chest for its aggressive expansion strategy in the telecom space. The Mukesh Ambani-led firm sought shareholders’ nod to issue…

A massive new ransomware attack is spreading around the globe

 A month after the WannaCry ransomware attack paralyzed connected systems worldwide, a new threat appears to be spreading quickly. As reports emerge, today’s attack paints a picture of businesses and governments around the world held hostage by a second major wave of ransomware, a kind of software that hijacks computerized systems and demands payment, often…