Cold reception to Facebook’s Libra, makes it willing to delay its cryptocurrency for a middle ground with regulators

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 …

EU just approved new controversial sweeping Article 13 copyright laws, a huge blow to major tech companies

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 acknowledges in was privy to Cambridge Analytica concerns before Guardian dossier

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 …

Google slapped with massive $1.7 billion fine by EU Antitrust Agency for Restricting Rivals’ Ads

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 …

Aadhaar System leaks again: Indane Gas website, app leak put data of 6.7 million subscribers in jeopardy

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 …

Internet shutdowns aren’t limited to Africa, it’s a global problem

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 …