The brave hostages who got caught in Sydney’s Monday morning nightmare

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The brave 17 men and woman held inside the Lindt Chocolate Café for 16 hours against their will by an armed gunman, who pledged allegiance with Islamic State, were from of all walks of life but now share a common link of being in the wrong place at the wrong time on Monday morning. See also: Sydney hostage drama: Scenes from the 16-hour standoff With looks of pure terror on their faces, five hostages escaped on Monday and six more ran for their lives on early Tuesday morning –- before police stormed the café in Sydney’s business district in the dead of night. Hostages run in the second major escape from the Lindt cafe. Image: Getty Images Read more... More about Australia , Sydney , Us World , Sydneysiege , and Martin Place Read more »

Facebook drops Bing, will reportedly debut own search tool on Monday

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Facebook has quietly removed Microsoft-owned Bing as its primary search engine, according to a new report. The social network pulled Bing search from its Graph Search platform, and will introduce on Monday its own search tool that will allow users to find information related to friends' posts and comments, Reuters reported. See also: 6 browser extensions to improve your Facebook experience Facebook was using Bing to produce search results as its in-house search engine, allowing Facebook users to look for more information about their friends. Selecting Bing as a partner was also a way for Facebook to keep rival Google's search engine away from the social network. Read more... More about Search , Facebook , Microsoft , Bing , and Social Media Read more »

Facebook drops Bing in favor of its own search tool

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Facebook has quietly removed Microsoft-owned Bing as its primary search engine, according to a new report. The social network pulled Bing search from its Graph Search platform in exchange for its own search tool that will allow users to find information related to friends' posts and comments, Reuters reported. See also: 6 browser extensions to improve your Facebook experience Facebook was using Bing to produce search results as its in-house search engine, allowing Facebook users to look for more information about their friends. Selecting Bing as a partner was also a way for Facebook to keep rival Google's search engine away from the social network. Read more... More about Search , Facebook , Microsoft , Bing , and Social Media Read more »

New 3D models in Google Maps are incredibly detailed

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Google has started updating its 3D models of buildings in Google Earth and Maps, and the details on the ones we've seen are nothing short of stunning According to Google rep Susan Cadrecha, the first cities to receive the new imagery are New York City and San Francisco (including Bay Area). See also: How to Get the Most Out of the New Google Maps To see them, either view them in Google Earth or enable the Earth View mode in Google Maps Some of the most impressive examples are the recently finished Freedom Tower as well as the Statue of Liberty in NYC and the Bay Bridge in San Francisco. Google updated Maps in May 2013 to include 3D imagery from Google Earth. The new imagery, as you can see in the comparison below, is much more detailed than the old one Read more... More about Google Maps , Nyc , Google Earth , New York City , and San Francisco San Jose Read more »

[Update] Lending Club IPO Shows The Profit Potential For Financial Technology Investments

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 Lending Club’s $5.4 billion initial public offering on the New York Stock Exchange is more than just the largest IPO for a U.S.-based tech company this year, it’s also planting the flag for an entire ecosystem of startup companies engaged in overturning the ways in which the world deals with money. “This is not some narrow addressable market, it’s trillions of dollars… Read More Read more »

Rumor: Ektron Deal Could Include Merger With European CMS Vendor EpiServer [Update]

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 As though the Ektron story we have been following over the last week hasn’t been convoluted enough, we started hearing rumors yesterday that the deal actually includes another component. The company could be merging with Stockholm-based Web-content management vendor EpiServer as part of the deal. The story, if it turns out to be accurate, underscores some of the problems that… Read More Read more »

Stripe is the breakthrough startup of 2014

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Patrick and John Collison were walking home from dinner one night in October 2009, talking yet again about their latest idea for an online payments company, when John stopped and turned to his brother "Why don't we just go build it?" John said, as Patrick later recalled . "It probably won't be all that hard." Never mind that the payments industry was notoriously complex and already home to major, established tech companies like PayPal. Never mind that Patrick was just 21 and John was still a teenager. It probably won't be all that hard. The most shocking thing about John's statement, though, was that in some sense it proved to be true. Barely five years after that conversation, their startup, Stripe , has emerged as a leader in the payments space, with a multi-billion dollar valuation and a fast-growing list of influential partners. Read more... Read more »