China targets internet algorithms that risk public order or ‘encourage addiction’ August 27, 2021 China has proposed a ban on algorithms that “encourage addiction or high consumption”, or risk national security or public order, in another round of its regulatory crackdown. In draft guidelines published by the Cyberspace Administration of China (CAC) today, algorithm providers with “social mobilisation capabilities”, or algorithms with large public influence, should first apply through [...]
Microsoft warns cloud customers intruders can read, change or delete their databases August 27, 2021 Microsoft has warned thousands of its cloud computing customers that intruders could have the ability to read, change or even delete their main databases. Watch the full report.
Tech crackdown: China proposes banning local sensitive data firms from US IPOs August 27, 2021 China has turned its attention to the US stock market amid its tech sector crackdown, according to reports, by suggesting new rules that ban sensitive data firms from listing. The new rules target internet companies, but the China Securities Regulatory Commission, its local market watchdog, has said that those in the pharmaceutical industry, are still [...]
Microsoft warns of intruder risk in Azure cloud database August 27, 2021 Thousands of Microsoft cloud computing customers could have reportedly been hit by a breach, as it warned intruders could have the ability to read, change or delete their main databases. The weak spot is in Microsoft Azure’s Cosmos DB database, according to Reuters. Which was revealed when security company Wiz found it could open keys [...]
Space race: The ambitions, plans and delays of launching superpowers August 26, 2021 Jeff Bezos’ Blue Origin, following its landmark human flight last month, has launched an uncrewed mission of NASAs future moon landing technology today. The flight, known as NS-17 or New Shepard 17, set off from a Blue Origin site in West Texas. The NASA payload on board is to test technologies including a Doppler Lidar [...]
Research platform Atheneum looks to expand London team after £110m fundraiser August 26, 2021 Research platform Atheneum has set its sights on expanding its London team, as well as its Munich, Shanghai and New York offices, following a £110m funding round. The platform’s latest capital rally, led by Guidepost Growth Equity, will see Atheneum’s UK headcount swell from 50 to 200 over the next 12 months. “We are excited [...]
John Edwards: The ‘Facebook-hating’ Kiwi poised to shake up UK data laws August 26, 2021 The government today confirmed plans to appoint John Edwards, currently New Zealand’s privacy commissioner, as the next head of the UK’s data watchdog. The appointment is part of a planned overhaul of the UK’s data laws that will herald a new era of post-Brexit policy as ministers look to use online information to fuel economic [...]
Toshiba in talks with private equity giants KKR and Blackstone to revise strategy August 26, 2021 Toshiba is in talks with at least four global private equity firms including KKR & Co and Blackstone to seek their ideas for a new strategy, three sources with knowledge of the matter have said. Watch the full report.
Big Tech vows to ramp up cybersecurity after White House summit August 26, 2021 Major US tech firms have pledged to ramp up their cybersecurity defences following a White House summit yesterday. Google, Microsoft, Amazon and IBM were among the companies to make multi-billion-dollar commitments as President Joe Biden called on top chief executives to “raise the bar on cybersecurity”. During a meeting alongside his members of his Cabinet, [...]
UK to scrap web cookie requests in post-Brexit data revamp August 26, 2021 The UK will scrap “pointless” web cookie requests as part of a major package of reforms that will replace the EU’s data laws with a new post-Brexit regime. Culture secretary Oliver Dowden today unveiled a string of new measures designed to harness the power of data to drive growth and create jobs. The move will [...]