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TC Roundup: Amazon drone plans shot down by authorities

Amazon drone plans shot down by authorities: Amazon's drone delivery plans appear to have been shot down by U.S. regulators, who have proposed new rules that would require operators to keep the flying machines in their line of sight.

The Federal Aviation Administration (FAA) said that operators of commercial unmanned aircraft would need to see the drone with "unaided vision," in draft rules published on Sunday.(CNBC)

While Obama talks cyber security, his hotel's computer system fails: It may not have been a hacking, but a computer outage at the hotel where U.S. President Barack Obama resided this week could not have come at a more inconvenient time.

The president flew to San Francisco on Thursday to preach the benefits of better corporate cybersecurity practices. The entire two days he was in town, the computer system at his upscale hotel, The Fairmont, was down. (Reuters)

Bank hackers steal millions via malware: In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment.

But when a Russian cybersecurity firm, Kaspersky Lab, was called to Ukraine to investigate, it discovered that the errant machine was the least of the bank's problems. (The New York Times)

Apple gears up to challenge tesla in electric cars: Apple Inc. has revolutionized music and phones. Now it is aiming at a much bigger target: automobiles.(The Wall Street Journal)

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