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ECB plans end to long-term loan offers to banks for now

  Bloomberg The European Central Bank doesn’t plan to announce a new round of free long-term loans to financial institutions after its policy meeting, according to people familiar with the issue. Targeted longer-term refinancing operations (TLTROs) won’t be renewed for now, the people said, asking not to be named because the Governing Council’s deliberations are private. That stance could still ...

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WikiLeaks dump stresses need for ‘more encryption’

    NEW YORK / AP If the tech industry is drawing one lesson from the latest WikiLeaks disclosures, it’s that data-scrambling encryption works, and the industry should use more of it. Documents purportedly outlining a massive CIA surveillance program suggest that CIA agents must go to great lengths to circumvent encryption they can’t break. In many cases, physical presence ...

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Now, California opens a road for driver-optional cars

  LOS ANGELES / AP Cars with no steering wheel, no pedals and nobody at all inside could be driving themselves on California roads by the end of the year, under proposed state rules that would give a powerful boost to the fast-developing technology. For the past several years, tech companies and automakers have been testing self-driving car prototypes in ...

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