MarketInvoice, the UK invoice finance platform, raises another £7.2M

 MarketInvoice, which plays in the peer-to-peer lending space by enabling U.K. businesses to raise money from institutional investors and high net worth individuals by 'selling' outstanding invoices, has raised a further £7.2 million. Read More

Source: TechCrunch

Trump Sends Dire Warnings to Nervous Nation as Convention Begins

The presumptive Republican nominee has had harsh words about the direction of the country.

Source: Bloomberg Politics

Obama Calls Baton Rouge Assault an Attack on U.S., Rule of Law

President Obama urged Americans to avoid divisive rhetoric Sunday after a gunman fatally shot three police officers and wounded three others Sunday morning in Baton Rouge, La.

Addressing the second assault against police during the past two weeks, Obama said that "nothing justifies attacks on law enforcement." Officials have yet to state a motive for the attack.

The post Obama Calls Baton Rouge Assault an Attack on U.S., Rule of Law appeared first on Washington Free Beacon.

Source: Washington Free Beacon

The Latest: 8 Turkish military due in Greek court

ANKARA, Turkey (AP) - The Latest on the attempted military coup in Turkey (all times local):

11 a.m.

Eight Turkish military personnel who landed in Greece in a helicopter during a military coup in Turkey are to appear in court in the northern Greek city of Alexandroupolis, charged with illegally ...

Source: www.washingtontimes.com stories: Politics

Health startup Lifesum raises $10M round led by Nokia Growth Partners

 What do you get if you combine the broad trends of smartphones, wearables, Internet of Things, an individual desire for control and healthcare costs for society? You get VCs investing in health-tech startups, that's what. And the latest evidence of this is Stockholm-based Lifesum raising a $10m funding round led by Nokia Growth Partners (NGP), with Draper Esprit, Bauer Media Group and… Read More

Source: TechCrunch

GOP reaches for nuance on race, police after latest unrest

ATLANTA (AP) - Some prominent Republicans are speaking out about race, expressing empathy for the challenges faced by black Americans, after a spate of racially tinged gun violence that saw two black men killed by police and retaliatory attacks by a black sniper that killed five Dallas police officers.

House ...

Source: www.washingtontimes.com stories: Politics

Opera renegotiates its $1.2B sale down to $600M for its browsers, privacy apps, Chinese JV

 Some more developments over at Opera, the browser company based out of Norway. The company announced that an offer to acquire the company for $1.2 billion has now been terminated, and in the meantime, the deal has been renegotiated: the same group will now pay $600 million to acquire only certain parts of Opera's business. Opera will sell the Qihoo 360-led consortium its mobile… Read More

Source: TechCrunch

Arm Holdings confirms Softbank is buying the chip designer for £24.3B in bold IoT move

 In the wake of the historic Brexit vote and the fall of the Pound, the UK is now witnessing its biggest-ever technology exit. Today, Arm Holdings confirmed that Japan's Softbank Group has offered to pay £24.3 billion ($32 billion) to acquire the company — known for its chip designs for mobile handsets (Apple is a customer) as well as for processors that will power hardware in… Read More

Source: TechCrunch

Police militarization after Baton Rouge

(Paul Mirengoff) When the Dallas police finally took out Micah Johnson, they used a robot with a bomb — a device that can be compared to a drone. I considered this great police work but, remarkably, killing Johnson in this way proved to be controversial. Some apparently believed that the officers engaged in the standoff with Johnson, and who had tried unsuccessfully to persuade him to surrender, needed to come close enough

Source: Power LinePower Line

At least 6 states adopt fantasy sports laws; 21 others don't

BOSTON (AP) - The daily fantasy sports industry notched some wins but failed to capture a majority of states after an all-out push this year to preserve its legality amid concerns the online games amount to illegal sports betting operations.

Six states - Colorado, Missouri, Mississippi, Tennessee, Indiana and Virginia ...

Source: www.washingtontimes.com stories: Politics

Baidu invests in ZestFinance to develop search-powered credit scoring for China

 Baidu has made its second investment in a U.S. fintech company inside a month after it put an undisclosed sum of money into ZestFinance, a big data firm specializing in credit scoring. Baidu, which operates China's dominant search platform, took part in a $60 million round for payments firm Circle in June. Read More

Source: TechCrunch

Christie Says He Was 'Honored to Be Considered' for Trump's VP

"Only one person gets the vice presidency so I'm honored to be considered," N.J. Gov. Chris Christie told reporters late Sunday. Christie says he's disappointed that he wasn't selected to be Donald Trump's running mate, but "I've been through this parade before and I realize it's like getting hit by lightning" "It didn't happen. That's fine": Christie Christie says he's glad Trump picked a governor rather than "some member of Congress" Adds that he considers Ind. Gov. Mike Pence a "friend" "I'm

Source: Bloomberg Politics

SoftBank is reportedly bidding to buy chip giant ARM for $31 billion

 SoftBank is bidding to buy chip giant ARM, one of the world's most influential technology companies, according to multiple media. Read More

Source: TechCrunch

Three easy ways Obama could stop doing harm

(Paul Mirengoff) As John points out in this post, President Obama has spent seven years stirring up racial division for the sake of political gain. The police has been one of his targets, from his earliest days as president, when without knowing the facts he derided Cambridge police, through his recent speech in Dallas, when he claimed that policing in America is infected with racism. There isn't anything Obama can say that

Source: Power LinePower Line

Schultz Plaintiff Appeal Zings Shrewish Obama Judge For Rank Bias

United States District Court Judge Beryl Howell, an Obama appointee and donor, undoubtedly enjoyed herself immensely when she presided over Ed Schultz's 2015 trial, repeatedly berating and mocking the amiable lawyer for plaintiff Michael Queen. But she probably blew her chances of being confirmed to a higher bench if Hillary Clinton is elected president. Thanks […]

Via: The Daily Caller

Why metadata should not live forever

 The surge in encrypted traffic and a wide adoption of end-to-end encryption by mainstream tech companies is a transformative shift in information security. Billions of online users now enjoy default peer-to-peer security, shielding the content of web communications from prying eyes of criminals and corporate surveillance. Yet the industry continues to collect and store massive amounts of metadata. Read More

Source: TechCrunch

Republican National Convention kicks off amid tensions of terrorism, cop killings

CLEVELAND — The Republican National Convention kicks off Monday amid an atmosphere of heightened tensions, with last week's terror attack in France and the weekend slaying of three police officers in Louisiana fresh on the minds of delegates gathering in Cleveland.

Donald Trump, who will officially claim the GOP's presidential ...

Source: www.washingtontimes.com stories: Politics

US Military Leaders: We Need To Modernize Nuclear Technology, Adversaries See U.S. As Weak

'Your numbers are bullshit.'

Via: The Daily Caller

Mike Pence bucked Republican establishment on rise to conservative stardom

Mike Pence's rise to conservative stardom began with defeats.

In 2003, as a second-term Republican in Congress, Mr. Pence bucked his party chiefs and voted against the new Medicare prescription drug benefit entitlement that President George W. Bush was insisting on — one of just 25 Republicans to break with ...

Source: www.washingtontimes.com stories: Politics

Trump's Two Homers: Pence And A Promise For A Declaration of War

The GOP nominee surges while Hillary's stock seeks bottom.

Via: The Daily Caller