Investor seeking life-science StartUps
AFR, Monday May 20, 2013. By Carrie Lafrenz
Silicon Valley-based venture capital firm Lightstone Ventures is in Australia scouting for new funding sources and fresh life science ideas that could become the next Cochlear or ResMed. While many United States funds are focused on the IT space hoping to discover the next Instagram or Twitter, Lightstone has narrowed in on the medical devices and biopharma areas for its early-stage investments. Read the full report
Australia-US talks on countering cyber menace
AFR, May 20. By John Kerin
Cyber security and the growing threat of Chinese attacks on vulnerable government, defence and business – systems will be a top priority when Defence Minister Stephen Smith meets with his US counterpart Chuck Hagel in Washington on Monday. The meeting comes after a series of investigations by The Australian Financial Review revealed the Reserve Bank of Australia, Australian Bureau of Statistics, the Department of Finance and, more recently NBN Co, are being targeted by regular cyber attacks. In the case of the central bank, Chinese malware was used to attack its systems. Read the full report here.
Cyber security experts fear more attack
Reuters, May 20. By Ros Krasny
Cyber security professionals know a myriad of ways hackers can try to wreak havoc on critical infrastructure or infiltrate corporations to steal or spy, but it is the fear of the unknown that some say keeps them up at night. U.S. security officials and private sector experts wonder what kinds of time-bombs can be – or have been – embedded by malware into computer networks, just waiting to explode. Cyber espionage is already “the greatest transfer of wealth in history,” National Security Agency Director Keith Alexander, the top U.S. general in charge of cyber security, told the Reuters Cybersecurity Summit in Washington last week. Read the full report here.
Google Glass and tech that redefines ‘public’
The Wall Street Journal, May 20. By Amir Efrati and Geoffrey A. Fowler
AS US Congress frets about the privacy implications of Google Glass, one thing is clear: the technology that can redefine what is “public” and link the digital and physical worlds is here. Owners of wearable Internet-connected devices already face choices about where or when it is appropriate to wear them—while legal experts say there aren’t many protections for people whose activities the technology records. Products like Glass are sparking a discussion about what is possible with technologies such as facial recognition, and whether governments need to intercede. While several members of Congress pressed Google on Thursday for answers about how its technology works, some business owners like bars or casinos are already banning it. Read the full report here.
And this is just cool stuff
Via NASA and USA Today
The biggest recorded meteorite strike on the moon. Watch here.