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Snowden explains what the NSA can do with your phone even when it’s off

Edward Snowden, ex-NSA contractor and the whistleblower about NSA’s massive surveillance dragnets, says the US government can remotely control a targeted cellphone.

In an exclusive interview with Brian Williams of NBC News, who interviewed him in Moscow last week, Snowden spoke about some of the revelations made last year and the reason he chose to do so.

Nasdaq leads Wall Street higher as momentum names recover

U.S. stocks rose on Thursday, as a turnaround in beaten-down momentum names boosted the Nasdaq while initial jobless claims data, which suggested the labor market was improving, helped lift the broader market.

Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 319,000 for the week ended May 3, snapping three weeks of declines. Economists polled by Reuters had forecast first-time applications for jobless benefits to fall to 325,000 last week.

After falling 1.7 percent over the past two sessions, the Nasdaq rebounded as heavy momentum names bounced off earlier lows. Tesla Motors halved its losses in the session so far and was down 5.7 percent at $189.87.

Why you can trust free software (or at least some of it)

eanne Light wonders whether it’s safe to use free software. “What do [the authors] get out of it?” She feels, understandably, quite skeptical.

It’s good to be skeptical. And careful. Free products often come with strings attached. But if you pay attention and listen for the right recommendations, you can get some excellent software for free—without breaking the law.

There are some perfectly good reasons why an individual programmer, a programming collective, or even a for-profit company will let you use the fruit of their labor without getting paid.

Can We Build a Gaming PC on a Console Budget?

There's no debating that a souped-up gaming PC will outperform an Xbox One or PlayStation 4 any day of the week, but it'll also cost you a lot more at checkout. However, what about a gaming PC that isn't top of the line, say, one that was built for $550?

Facebook launches friend-tracking feature




Your phone always knows where you are. And now, if you want, your Facebook friends will always know where you are, too.

India's forex reserves rise to $306.64 billion

Mumbai: India`s foreign exchange (forex) reserves increased by $2.97 billion to $306.64 billion for the week ended April 4, Reserve Bank of India (RBI) data showed.

The forex reserves have soared past $300 billion mark for the first time since December 2011.

This is the sixth consecutive week of increase in the country`s forex reserves as overseas investors poured in money in local bonds and stock markets. The forex reserves had risen by $5.03 billion and $1.34 billion in the previous two weeks.

Panasonic Develops Industry-First Multi-Mode Wireless Communication Technology for Sensor Networks

Panasonic Corporation today announced that it has developed a new wireless communication technology for M2M (Machine-to-Machine) sensor networks[1], where devices communicate with each other in an autonomous way without human intervention.

4 IT Mistakes All Startups Should Avoid

Information Technology (IT) can be a startup’s biggest asset. Take, for instance, the cloud, mobile devices, and social media—they have all opened up exciting new business opportunities for startups, while also offering them the tools to grow their business powerfully.

Yet, we have seen multiple startups make critical IT mistakes. Consequently, their business operations become less efficient, less secure, and more complex. Let’s look at a few of these mistakes that startups should avoid.

Alibaba Will Pay $692M For 35% Stake In Retail Operator Intime








Alibaba has agreed to pay $692 million for a 35% stake in Intime Retail, which operates department stores throughout China. The two companies will form a joint initiative to focus on offline-to-online retail opportunities.

Swiss Watchmakers Rebuff Apple's Partnership and Hiring Advances




Apple allegedly is trying to tap Swiss watchmakers for their technical and metallurgy expertise as the company works to brings its rumored iWatch to the market, reports the Financial Times. Though Apple is reaching out to several companies, most are not willing to work with the Cupertino company.