Facebook is willing to delay its entrance into the cryptocurrency market to work with regulators, Facebook executive David Marcus said in prepared remarks ahead of Congressional hearings on Libra this week. Marcus’ statement is Facebook’s strongest indication yet of its desire to work with regulators on Libra’s development. The company knew Libra might be a …
Big tech companies will now be required to pay a 3% tax of total annual revenues to the French government after a Bill targeting GAFA companies — an acronym for Google, Apple, Facebook, and Amazon — was passed on Thursday. A new 3% tax will be applied to tech companies that make €750 million globally …
Chip designer ARM has suspended business with Huawei, threatening the Chinese company’s ability to create its own chips. BBC News reports that ARM employees have been instructed to halt “all active contracts, support entitlements, and any pending engagements” with Huawei due to the US trade ban. The US has banned any US companies from doing …
Developing story The European Parliament has adopted the copyright directive 348-274. The EU will get #uploadfilters and a counterproductive right for press publishers. #Article13 #Article11 #SaveYourInternet pic.twitter.com/Cu9eyI2Xqo— Creative Commons (@creativecommons) March 26, 2019 Europe has approved a sweeping overhaul of copyright rules, dealing a blow to major tech companies that argued the changes will be …
Facebook employees were aware of concerns about“improper data-gathering practices” by Cambridge Analytica months before the Guardian first reported, in December 2015, that the political consultancy had obtained data on millions from an academic. The concerns appeared in a court filing by the attorney general for Washington DC and were subsequently confirmed by Facebook. The new …
Alphabet Inc.’s Google has been penalized yet again by European antitrust regulators, this time with a €1.49 billion ($1.7 billion) fine for limiting how some websites could display ads sold by its rivals. This marks the third billion-dollar penalty European regulators have imposed on the tech giant for hindering competition. The EU says that Google …
South Africa is 10 days away from new data regulations – with mobile customers soon to be spared from out of bundle charges, unless they choose to opt in. The amended End User and Subscriber Services Charter (EUSSC) Regulations will come into effect on 1 March, which will prevent mobile operators from automatically charging out …
Security Researcher Elliot Anderson has discovered a huge leak of Aadhaar numbers from Indane’s website as well as app. The leak has put Aadhaar number of 6.7 million people at stake. According to a report from TechCrunch, Indane Gas has apparently leaked the data of around 6.7 million subscribers through its website and app. The …
After protests broke out over a sharp fuel price hike this week, Zimbabwe’s government ordered a three-day internet shutdown — with police also firing tear gas at demonstrators from a helicopter and arresting dozens. According to NetBlocks, which estimates the cost of internet shutdowns worldwide, the three-day outage could cost the country’s already shaky economy …
The internet today isn’t what Tim Berners-Lee pictured when he invented the World Wide Web nearly three decades ago. In a talk at the opening of the Web Summit in Lisbon on Monday, the inventor of the web called on governments, companies and individuals to back a new “Contract for the Web” that aims to …