Twitter says around 130 people targeted in bitcoin scam hack July 17, 2020 Twitter has said around 130 accounts were targeted by hackers in an incident that led to the accounts of high profile figures such as US presidential candidate Joe Biden posting messages asking for bitcoin. The hack has caused embarrassment for Twitter and raised questions about its safety ahead of the 2020 presidential election. Tesla owner [...]
Contact tracing is a legal minefield for businesses July 17, 2020 In the age of Big Data, where the always-on digital assistant and ever more intrusive geo-tracking technology reign, it is perhaps inevitable that our efforts to control Covid-19 seem to depend on developing technology to monitor individuals’ movements. Every wave of innovation that has birthed these technologies has brought with it fresh regulatory concern. The [...]
The City View: Jay Hambro on green manufacturing July 16, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by Jay Hambro, Chief Investment Officer at GFG Alliance. They talk about green manufacturing, the opportunity for building back better and the need for government to invest in manufacturing. Andy also looks at the latest unemployment numbers, Bank Chief Andrew Bailey’s call for a [...]
Ikea launches vegetarian meatball in climate crusade July 16, 2020 Vegetarians will now be able to try Ikea’s iconic meatballs after the Swedish giant announced it would launch a vegetarian version of the classic food. From 3 August, customers will be able to buy the new creation, named “plant balls”, which Ikea said were a “more sustainable” take on one of its best-loved products. Made [...]
Apple’s victory throws EU’s digital tax into doubt July 16, 2020 Apple’s successful appeal against a €13.1bn fine from the European Commission could leave the EU’s digital tax strategy at risk of unravelling, experts have warned. A top European court yesterday annulled a decision passed by the Commission in 2016 ordering Apple to pay Ireland more than €13bn in back taxes. It said the executive body [...]
Privacy Shield: Top court rejects US-EU data transfer tool July 16, 2020 The European Court of Justice has struck down a data sharing deal between the EU and the US over surveillance concerns, in a huge blow for thousands of companies that rely on it. Judges at Europe’s top court expressed concern that data shared between the bloc and US via the Privacy Shield agreement is “not [...]
Twitter bitcoin scam: Blue tick accounts blocked after massive data breach July 16, 2020 Hackers managed to infiltrate Twitter’s most notable blue tick accounts last night and send scam tweets supporting bitcoin before the social network clamped down on the breach. Bill Gates, Elon Musk and Jeff Bezos were three such accounts hackers managed to compromise. Others included Apple’s official Twitter account, with tweets typically promising to double people’s [...]
The City View: Jamie Heywood on Uber’s licencing battle July 15, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by Jamie Heywood, Uber’s General Manager for the UK, Northern and Eastern Europe. They talk about the firm’s licencing battle, how Covid-19 has affected the company and the future of transportation. Electric cars, charging points, the new Uber boat and congestion charging are all on [...]
Google ousted from NHS coronavirus data project July 15, 2020 Google has been dropped from a partnership deal with the NHS to populate its coronavirus database, posing a setback for the tech giant’s plans to integrate into the UK’s digital infrastructure. The health service’s digital arm NHSX signed a contract with Google in April to consult on the project, but the deal was terminated last [...]
Apple wins appeal against EU’s €13bn Irish tax fine July 15, 2020 Apple has won an appeal against the European Commission over €13.1bn in back taxes it was ordered to pay the Irish government in 2016. The tech firm was fighting alongside Ireland to challenge the EU’s ruling, which said the pair violated state aid rules in a tax deal that permitted Apple to record its sales [...]