Tiktok granted seven-day extension to US sale order November 26, 2020 Tiktok has been granted a seven-day extension to an order forcing the viral video app to sell its US operations. The Trump administration had given parent company Bytedance a 15-day extension of the order issued in August, which was set to expire tomorrow. The latest change means Tiktok has until 4 December to resolve concerns [...]
Salesforce ‘in talks’ to buy workplace chat app Slack November 26, 2020 Salesforce is said to be in talks to acquire workplace messaging platform Slack as it looks to expand its cloud offering to businesses. If discussions are successful, the takeover could be announced in the next few weeks, according to several media reports. Shares in Slack surged almost 40 per cent on the reports, pushing its [...]
PS5 fans fight scalpers by placing fake eBay bids November 26, 2020 PS5 fans are fighting back against scalpers by placing fake bids on eBay. Demand for the new PlayStation 5 and Xbox Series X consoles has vastly outstripped supply, with outlets across the world, including Game and Amazon, currently out of stock. Sony this week joined Microsoft in warning that shortages could last for months. The [...]
On the charge: Tesla breaks $500bn market valuation after stock rally November 24, 2020 Tesla has broken through the $500bn (£375bn) market value mark following a mammoth rally that has seen its share price rise more than sixfold this year. The company’s shares were opened more than five per cent up today to give the firm a market cap of $519bn. The growth will round off an historic year [...]
New government website warns tech firms over China risk November 24, 2020 The government has launched a new website warning British tech firms about the risks of doing business with Chinese companies. The site, which carries the slogan “China. See the Potential. Know the Challenge.”, is designed to help UK firms negotiate the ethical, legal and commercial challenges when expanding into China or accepting investment from Chinese [...]
Calling the shots: Apple security chief charged with bribery over gun permits November 24, 2020 Apple’s head of security has been charged with bribery following accusations he offered to donate 200 iPads to police in exchange for four concealed weapons permits for the company’s staff. Thomas Moyer was indicted by a grand jury in Santa Clara, California — where Apple is based — alongside two officers in the sheriff’s office. [...]
Founder of British chipmaker IQE steps down after three decades November 24, 2020 The founder and chief executive of British chipmaker IQE is to step down after three decades at the helm. IQE, which makes components for chips used in Apple products, said Dr Drew Nelson will step aside from his role once a successor has been found. The Cardiff-based semiconductor group said the change of leadership would [...]
Telecoms providers must beef up their cybersecurity for the 5G age November 24, 2020 As this 5G digital revolution gathers pace we must prepare the communications networks on which this technology depends so they are secure and resilient
Telecoms firms to face hefty fines under new Huawei laws November 24, 2020 UK telecoms companies will face hefty fines if they fail to comply with the ban on Huawei under a new law submitted in parliament today. In July the government announced a total ban on Huawei, ordering network providers to remove all equipment made by the controversial Chinese tech giant by 2027. Under the new legislation [...]
MPs to grill social media platforms over anti-vax conspiracies November 23, 2020 Social media firms are set to be hauled in front of MPs to answer questions about what they are doing to remove online misinformation about Covid-19 vaccines. The DCMS sub-committee on online harms and disinformation will next month grill executives from Google, Facebook and Twitter amid concerns over the rise of so-called anti-vax conspiracy theories. [...]