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US charges former Uber security chief in hack cover-up

US prosecutors on Thursday charged Uber’s former security chief with covering up a hack that compromised the personal information of 57 million users and drivers. A criminal complaint accused Joseph Sullivan of trying to hide the hack from the Federal Trade Commission. He faces a maximum sentence of eight years in prison

CHINA CLOSING GAP WITH SILICON VALLEY

China’s war for technology talent is intensifying. Tens of thousands of people are being hired to shore up cybersecurity, help censor online content, and try to make China No.1 in the application of artificial intelligence (AI), as capital pours into both start-ups and more mature businesses at a time

SILICON VALLEY IS HOT ON A NEW CRYPTOCURRENCY

Ether, the unit of cryptocurrency used on the Ethereum blockchain, has given investors a wild ride lately. Its value more than doubled in May, peaked in June at more than $400 an ether, and then lost more than half that value by early this week. That may sound like a bubble bursting.

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