By Barani Krishnan NEW YORK (Reuters) – Amazon has unveiled what its unmanned drones for package delivery would look like with a video launched on Sunday on the prototype of technology it announced two years ago. The promotional clip, narrated by television show host Jeremy Clarkson, shows a family receiving in about 30 minutes replacement soccer shoes for the one chewed up by its dog. “In time, there will be a whole family of Amazon drones.
By Julia Fioretti BRUSSELS (Reuters) – The European Union wants to enhance the power of the bloc's national privacy regulators in policing a planned new EU-U.S. data pact after the previous one was struck down by a top EU court on concerns about mass U.S. surveillance. Brussels and Washington are locked in negotiations to forge a new framework enabling data transfers from Europe to the United States, which are otherwise subject to cumbersome and lengthy legal processes under EU data protection law. The previous pact, known as Safe Harbour and used by over 4,000 U.S. and European companies, was declared invalid by the European Court of Justice in October because U.S. national security needs trumped the privacy of Europeans' data.
Germany's highest court said Internet service providers could be made responsible for blocking websites offering illegal music downloads, but only if copyright holders showed they had first made reasonable attempts to thwart such piracy by other means. The federal Supreme Court dismissed two cases brought by music rights society GEMA against Deutsche Telekom and music companies Universal Music, Sony and Warner Music Group against Telefonica's O2 Deutschland.
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German court says ISPs may have to block music-sharing sites
By Olivia Oran and Heather Somerville NEW YORK/SAN FRANCISCO (Reuters) – Three mid-level bankers in Goldman Sachs Group Inc's technology investment banking group in San Francisco have left to take positions at ride service company Uber Technologies Inc in recent months, people familiar with the matter told Reuters. The bankers are the latest to leave Wall Street banks for Silicon Valley startups, where the lure of more flexible hours – and in some cases stock options and share grants – can be hard to resist. Uber, currently valued at around $51 billion, said in August that it expected an IPO within 18 to 24 months.
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Oligonucleotides have been researched for years and are becoming prevalent in today’s society.
The role of oligonucleotides in therapy has been increasing tenfold over the past ten years. This is due to the numerous clinical trials that have been occurring. While it may seem that there is still a good amount of time before an actual treatment is in circulation, there have been many beneficial developments that have come out of these trials.
More than a hundred types of oligonucleotides are candidates to be tested in a clinical setting, but only half of them are actually approved. Decades of research have brought the oligo synthesis process to this setting. Primarily, cancers are the leading candidate for oligos because of their ability to degenerate and kill off the malignant cells. Other disease forms that are being tested include: Duchenne’s muscular dystrophy, transthyretin amyloidosis, and corneal vascularisation.
Through both DNA and RNA synthesis, oligonucleotides have been altered in a laboratory setting to improve the rate at which malignant cells are being fought at. While cancer is known to spread at a rapid pace, scientists continue to develop new methods that reduce the number of limitations that prevent the oligo therapy from completely staving off infection.
RNA and DNA synthesis both play a role in antisense therapy. Through synthesis, the nucleic acid will bind to the messenger RNA and essentially deactivate the infected gene. Not only is this beneficial for research purposes, but there is a potential for this therapeutic treatment to become a major positive factor in today’s society. The various diseases that continue to be a major killer will only become worse until successful medical treatments are uncovered. This step is the first among the many on this road to finding a cure.
Austrian student Max Schrems's attempt to bring a class-action lawsuit against Facebook over its privacy policies will head to Austria's Supreme Court to determine whether such collective legal action is allowed, his group said on Monday. An appellate court has let Schrems file a personal claim but not allowed a class action to form, his Europe-vs-Facebook group said. “It would not make a lot of sense for the court or the parties before it to file these claims as thousands of individual lawsuits, which we can still do if a 'class action' is not allowed,” Schrems said in a statement.
By Lisa Bose McDermott MARSHALL, Texas (Reuters) – A U.S. jury on Friday found Apple Inc did not infringe five antipiracy patents owned by a Pendrell Corp subsidiary at trial in a Texas federal court. The jury also found that Apple did not prove that the patents were invalid. An Apple attorney declined to comment.
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Apple wins patent trial against Pendrell subsidiary
Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, soared as much as 64 percent in their market debut, following a marked-down initial public offering, countering the negative sentiment that has nagged at Silicon Valley startups in recent weeks. The steeply discounted IPO price, at less than 60 percent of the company's last private valuation, had raised questions about the prospects of other so-called 'unicorns' – startups worth at least $1 billion – that might want or need to go public. A number of tech IPOs have performed poorly over the past year, and mutual fund investors including Fidelity Investments have been marking down the value of their private tech holdings.
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Dorsey’s Square jumps in market debut, offering hope to tech startups
By Se Young Lee SEOUL (Reuters) – The world's No.2 TV maker, South Korea's LG Electronics Inc, is betting that chopping prices almost in half before the U.S. year-end holiday season will create enough buzz to push its next-generation TV technology mainstream. The manufacturer and affiliate LG Display Co Ltd have invested billions of dollars in organic light-emitting diode (OLED) displays to rebuild profit decimated by Chinese competition in the liquid crystal display (LCD) TV market. OLED screens deliver better picture quality, consume less electricity and promise wider profit margins than LCDs.
Google will contest in court the Russian antitrust agency's ruling that it broke competition law by abusing its dominant position with its Android mobile platform, the U.S. technology giant said on Tuesday. Russia's competition watchdog ruled in September that Google had broken the law by requiring pre-installation of certain applications on mobile devices running on Android. Google has until Dec. 18 to amend its contracts with smartphone manufacturers in order to comply with the ruling in the case that was launched by local rival Yandex.
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Google to contest Russia antitrust ruling on Android