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Latest News

Saudi Arabia's Kingdom Holding has no plans to invest in Snapchat: source
A billboard displays the logo of Snapchat above Times Square in New YorkSaudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, has no plans to invest in Snapchat, a source familiar with the matter told Reuters on Thursday. The meeting, in which Snapchat Chief Executive Evan Spiegel and chief strategy officer Imran Khan were present, triggered speculation that Alwaleed may take part in Snapchat's new funding round that has already seen Alibaba Group Holding invest $200 million -- giving the Los Angeles-based firm a valuation of around $15 billion.
Google shows off virtual reality collaboration with GoPro
GoPro Hero 3+ camera is seen at the Nasdaq Market Site before before GoPro Inc's IPO in New YorkBy Julia Love SAN FRANCISCO (Reuters) - Action camera maker GoPro Inc and Google Inc introduced a virtual reality system using 16 cameras and Google software, sending GoPro shares up nearly 7 percent on Thursday. GoPro's helmet- and body-mounted video cameras are popular with adventure sports enthusiasts, and the new GoPro system will use Google's new Jump technology to help create a 360 degree view. Google showed off the GoPro system at its developer conference in San Francisco.
Virtual reality film aims to raise funds by giving Nepal quake experience
By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) - A virtual reality film aims to help raise funds for survivors of last month's earthquake in Nepal by giving viewers a first-hand experience of the disaster's aftermath, the director said on Friday. Los Angeles-based company RYOT - which produces news stories for audiences to act on - shot the footage in the days following the 7.8 magnitude quake which struck the impoverished nation on April 25, killing more than 8,000 people. "As film-makers, we always try to have people understand the magnitude of a disaster but it's difficult in traditional video," said David Darg, RYOT's director and co-founder who traveled to Nepal in the quake's aftermath.
Boehner urges U.S. Senate to pass surveillance reform bill
The Republican leader of the U.S. House of Representatives urged the U.S. Senate on Sunday to pass the USA Freedom Act, a bill that reforms an expiring domestic surveillance program, and do so "expeditiously." House Speaker John Boehner issued a statement warning of the danger of letting the surveillance program expire shortly before the Senate began a rare Sunday session addressing how to deal with the issue. "Al Qaeda, ISIL (Islamic State) and other terrorists around the globe continue to plot attacks on America and our allies," Boehner said. "Anyone who is satisfied with letting this critical intelligence capability go dark isn't taking the terrorist threat seriously," Boehner said in a statement.
With ads, FINRA hopes BrokerCheck becomes go-to site, like Yelp
With a new ad campaign, the Financial Industry Regulatory Authority hopes its BrokerCheck website will become a customer's first stop, like Yelp for diners or Angie's List for home owners, before they invest with a financial adviser. The Wall Street watchdog, known as FINRA, launched the campaign Monday with 15-second commercials depicting people making big decisions without doing their homework, in a bid to promote its years-old website that provides free information about brokers' employment history, credentials and customer complaints.

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World News

Friend of Boston bomber apologizes for obstructing investigation

Boston Marathon bomber's college pal gets 6 years in prisonA friend of the Boston Marathon bomber apologized on Tuesday, before being sentenced to six years in prison for obstruction of justice, for not calling the police when he realized his friend Dzhokhar Tsarnaev was a suspect in the deadly attack. Kazakhstan national Dias Kadyrbayev, 21, was one of three friends of Tsarnaev's to face federal charges for removing a backpack containing fireworks from the bomber's college dorm three days after the April 15, 2013, bombing, as the FBI searched for Tsarnaev and his older brother.


Congress sends NSA phone-records bill to president

Republican presidential candidate, Sen. Rand Paul, R-Ky. speaks at a news conference on Capitol Hill in Washington, Tuesday, June 2, 2015, to call for the 28 classified pages of the 9-11 report to be declassified. Paul has been voicing his dissent in the Senate against a House bill backed by the president that would end the National Security Agency's collection of American calling records while preserving other surveillance authorities. (AP Photo/Andrew Harnik)The bill revives and remakes a disputed post-9/11 surveillance program two days after letting it temporarily expire.


'Call me Caitlyn': Vanity Fair editor and stylist talk to Katie Couric

Caitlyn Jenner Tweets By the NumbersBuzz Bissinger and stylist Jessica Diehl share the story behind Caitlyn Jenner's debut.


Bill to limit domestic spy programs passes U.S. Congress

Wyden speaks with reporters as he arrives for the weekly Democratic Caucus policy luncheon at the U.S. Capitol in WashingtonBy Patricia Zengerle and Warren Strobel WASHINGTON (Reuters) - The U.S. Senate on Tuesday passed a bill reforming a government domestic spying program that swept up millions of Americans' telephone records, sending the bill to the White House for President Barack Obama to sign into law. Reversing U.S. security policy that had been in place since shortly after the Sept. 11, 2001, attacks, the bill would end a system exposed by former National Security Agency contractor Edward Snowden in 2013. The passage of the USA Freedom Act, the result of an alliance between Senate Democrats and some of the chamber's most conservative Republicans, was a victory for Obama, a Democrat, and a setback for Senate Republican Majority Leader Mitch McConnell.


Colorado theater shooter views death, life sentences as equal punishments

File photo of James Holmes sitting in court for an advisement hearing at the Arapahoe County Justice Center in CentennialBy Keith Coffman DENVER (Reuters) - Colorado cinema gunman James Holmes told a psychiatrist that he views life in prison and execution as equal punishments but wants his life spared out of concern for his family, jurors in his capital murder trial heard on Tuesday. The disclosure from the former neuroscience graduate student now on trial for opening fire in a Denver-area cinema came during a videotaped interview session conducted last year by court-appointed psychiatrist William Reid that was shown in court. Holmes, 27, has pleaded not guilty by reason of insanity to fatally shooting 12 moviegoers and wounding dozens more during a shooting rampage at a midnight screening of the Batman film “The Dark Knight Rises” in July 2012.


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