EU targets Amazon in e-commerce antitrust probe July 17, 2019 Amazon is the subject of the EU’s latest antitrust probe, with the European Commission accusing the tech giant of abusing its dominance in e-commerce. The investigation, which began today, could see CEO Jeff Bezos’ retail behemoth lumped with a multi-billion dollar fine similar to other penalties issued to tech giant Google. Commissioner Margrethe Vestager said: “European consumers [...]
Revealed: The 25 most influential people on the internet July 17, 2019 US President Donald Trump, the Duke and Duchess of Sussex and an egg have been named among the most influential people on the internet. Read more: Internet meme queen Grumpy Cat dies aged 7 The eagerly-anticipated list, compiled by Time Magazine, revealed an eclectic mix of celebrities, royals, politicians and foodstuffs that have dominated the [...]
Let Apollo 11 be an inspiration, mankind can achieve the impossible July 17, 2019 Fifty years ago this week, in one of the seminal moments in the history of humanity, man landed on the moon for the first time. As hundreds of millions watched with bated breath, hoping against hope that nothing would derail this most extraordinary of missions, Neil Armstrong set foot on the lunar surface and immortalised [...]
Facebook’s libra could solve the gig economy’s payment problem July 17, 2019 Ordering your evening meal or weekly groceries online has never been easier. In most cities, you can now book a car from your phone to get you from A to B in minutes. All of this is made possible by two things: the marketplace technology that facilitates instant transactions, and the gig economy that delivers [...]
Massive airport email scam blocked by UK spooks July 16, 2019 An attempt to scam hundreds of thousands of people using a spoof UK airport email address was one of a string of major cyberattacks prevented by spooks last year. Criminals sent more than 200,000 emails impersonating an airport from a fake gov.uk address last August in a bid to defraud people, but the messages were [...]
Advertising data platform Near raises $100m to fuel global expansion July 16, 2019 Advertising tech platform Near has secured $100m (£80m) in funding from a London-based private equity firm as it looks to expand its global presence. Read more: Competition watchdog launches probe into tech giants over digital advertising dominance The Singapore-headquartered ad firm said its new funding round, which comes from Greater Pacific Capital (GPC), will also [...]
Donald Trump hints at treason probe into Google after Peter Thiel complaint July 16, 2019 US President Donald Trump has hinted his administration might investigate Google for treason, after entrepreneur Peter Thiel called on the FBI and CIA to probe the company. Speaking on Twitter, the President said his administration will “take a look” at allegations Google has worked with the Chinese government. Read more: Donald Trump says his trade [...]
Google employee who led walkout leaves firm following retaliation claims July 16, 2019 Google employee Meredith Whittaker, who led global staff walkouts over the tech giant’s sexual harassment policy, has left the company following allegations of a backlash against the protest’s organisers. Read more: Google workers listen in on private conversations via smart speakers Whittaker, who specialised in AI and founded the company’s Open Research Group, was a [...]
Facebook launches crackdown on scam ads following Martin Lewis lawsuit July 16, 2019 Facebook has launched a new tool to fight fake adverts on its platform following a lawsuit filed by money saving guru Martin Lewis. Lewis, who founded personal finance website Money Saving Expert, sued the social media platform last year over fake Facebook adverts that used his name and image. Read more: Facebook to be slapped [...]
Symantec shares plummet as Broadcom deal talks ‘break down’ July 15, 2019 Symantec shares have plummeted in pre market trading after reports negotiations over a possible takeover by chip-making giant Broadcom had broken down. The US-listed firm’s stock fell 14 per cent before markets opened this afternoon. Symantec shares had surged earlier this month after it emerged Broadcom was close to acquiring the security software company. But [...]