Hermosa Beach, US-based payments firm Oink found a way to let parents monitor and control their kids' in-app purchases by linking a credit card to their accounts and letting them set a purchase limit for a specified length of time.
Sectors
Federal judge bars NSA from destroying evidence of illegal surveillance
US District Judge Jeffrey White of San Francisco ordered that the evidence related to the lawsuits filed by a privacy rights group against the NSA's surveillance operations be kept intact, Bloomberg News reported.
Texas startup CitySprout raising $2M in second financing to link consumers with local farmers
Austin, Texas-based startup CitySprout is raising $2 million in its second financing round to help consumers establish a link with the local farmers who produce their food.
Tech execs meet with President Obama to discuss intelligence, technology and privacy concerns
Heads of the six biggest Internet companies in the US met with President Barack Obama and senior White House aides to talk about the government's data collection practices, Reuters reported.
Spanish paper firm Saica purchased Turkish paperboard producer OMK
Zaragoza, Spain-based paper and packaging firm Saica purchased Istanbul, Turkey-based paperboard producer OMK for an undisclosed amount to establish its position in the European market.
Latest News
The Australian government is considering if it should surrender Peter Phillip Nash to the US authorities after he was indicted as one of the "small support staff" of alleged Silk Road founder Ross Ulbricht, Reuters reported.
Warren Buffet emerged as the winner on the bet he made on a Quicken Loans Inc contest that no individual would be able to correctly predict the winner of each game in the NCAA men's basketball tourney, Bloomberg reported.
The Federal Trade Commission and California Attorney General Kamala Harris said Facebook had the wrong interpretation of how COPPA applies to teenagers, the Los Angeles Times reported.
Investor GeorgePio filed a case against General Motors Co and Chief Executive Officer Mary Barra for its failure to take care of the faulty issues that led to the recall of over 3.1 million cars, Reuters reported.
US First Lady Michelle Obama told Chinese students that online freedom is a right that everyone should have but stopped short of urging the Chinese government to grant more freedoms to its citizens, Reuters reported.
Turks are now facing a new challenge getting access to the Internet after courts banned Twitter as alternative DNS numbers that were used to access the Internet were not anymore working, Reuters reported.
A report from the US Government Accountability Office revealed that "persistent software problems" are causing delays in the testing of Lockheed Martin Corp's F-35 jet which could also put the project behind schedule, Bloomberg reported.
Police are not revealing a lot of details about Stingray, a cell-tracking technology tool, that helps authorities that intercepts calls or messages of criminals they are trying to apprehend, the Associated Press reported.
Developers have modified the open source Bitcoin software and released a new version to resolve the transaction flaws and to prevent a Mt Gox-like incident from happening again.
