Month: March 2016

Sri Lankan in Bangladesh Cyber Heist Says She was Set up by Friend

By Shihar Aneez COLOMBO (Reuters) – When Hagoda Gamage Shalika Perera, a small Sri Lankan businesswoman, got a deposit of $20 million in her account last month, she said the funds were expected but had no idea they were stolen from Bangladesh’s central bank in one of the largest cyber heists in history. Unknown hackers breached Bangladesh Bank’s systems between Feb. 4 and Feb. 5 and tried to steal nearly $1 billion from its account at the Federal Reserve Bank of New York. Many of the payments were blocked. But $20 million made its way to Perera’s Shalika Foundation...

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Saban, Disney Invest in Digital Content Firm Playbuzz

By Tova Cohen TEL AVIV (Reuters) – Playbuzz, a U.S.-Israeli platform for distributing online content, has raised $15 million in funding led by Saban Ventures, with participation from Walt Disney Co <DIS.N>. Existing investors 83North, Carmel Ventures and FirstTime Ventures also participated in the funding, which follows a $16 million investment round last year. Playbuzz said on Thursday it will use the money to develop its platform and expand its sponsored-content business, which works with companies such as Pizza Hut, Unilever and Ford to create advertising campaigns. Playbuzz is used by thousands of publishers such as Time, USA Today,...

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Mind-Altering Drugs Could Treat Mental Disorders

(ACS) WASHINGTON, March 29, 2016 “Psychedelic compounds have had a colorful past.”   Although initially investigated for medical uses, they were banned after cultural and political times changed in the 1960s and 1970s. Now, the compounds are getting another chance in the mainstream, according to the cover story of Chemical & Engineering News (C&EN), the weekly newsmagazine of the American Chemical Society. Jyllian Kemsley, a senior editor at C&EN, explains that the tide turned against psychedelics once the baby boom generation started taking them recreationally about 50 years ago.   But now, as physicians discover that conventional drugs are failing...

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Why Synthetic Drugs are as Scary as You Think

(ACS) WASHINGTON, March 29, 2016 “Synthetic drugs such as “bath salts,” “K2” or “Spice” have made unsettling headlines lately, with reports of violent, erratic behavior and deaths after people have used the substances.   Why are these synthesized drugs so dangerous, and why aren’t there more regulations? In this week’s Reactions, we answer these questions by examining the chemistry of two kinds of synthetic drugs: bath salts and synthetic marijuana.   About the ACS: The American Chemical Society is a nonprofit organization chartered by the U.S. Congress. With nearly 157,000 members, ACS is the world’s largest scientific society and a...

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Bionic Heart Patch to Mend a Broken Heart

(Reuters) Israeli scientists have developed a proof-of-concept bionic patch to monitor and repair diseased hearts. Ben Gruber reports.   In this Lab at the University of Tel Aviv, the future of heart medicine is taking shape. Researchers have developed a bionic patch that can monitor and treat heart conditions in real time. PROFESSOR TAL DVIR OF TEL AVIV UNIVERSITY’S DEPARTMENT OF BIO TECHNOLOGY, DEPARTMENT OF MATERIAL SCIENCE AND ENGINEERING AND THE CENTER FOR NANO TECHNOLOGY: “Well, this is the first time that engineered tissue, thick engineered tissue, functional tissues, are integrated with electronics to become cyborg tissues, meaning that there...

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