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Tuesday, Sep 22, 2020
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YouTube announces its own TikTok competitor
YouTube's own TikTok copycat is here.
How Palantir And Its Data-Mining Empire Became So Controversial
After 17 years, data analytics company Palantir is making its public market debut. Best known for its sometimes controversial work with U.S. government agencies like the CIA, the DoD and ICE, Palantir has increasingly been working with c...
Judge blocks Trump bid to remove WeChat from stores over China fears
San Francisco judge cites free speech concerns, while Trump backs TikTok Oracle deal which may include Walmart
Homeland Security warns of a 'critical' security flaw in Windows servers
Homeland Security has issued an emergency alert for a Windows security flaw, Zerologon, that allows attackers to compromise entire networks.
Facebook sued for allegedly spying on Instagram users through phone cameras
Social media giant Facebook secretly used iPhone cameras to obtain “extremely private and intimate” information about the uses of its Instagram picture and video sharing app, a new US lawsuit claims.
Apple Opens First Floating Store at Marina Bay Sands, Singapore
Welcome to Apple Marina Bay Sands in Singapore, the world's first Apple Store to sit directly on the water.
Banksy loses legal battle, puts his EU trademark at risk – all because of his anonymity
The renowned street artist can not keep intellectual property rights on his work as he could not be “unquestionably” recognized as its sole owner due to his complete anonymity, a European intellectual property authority has ruled.
China’s digital sovereign currency tests give it a leg up on global peers
Beijing’s ambition to create a digital yuan used globally underscores its attempts to prepare for the future of the international monetary system amid economic decoupling with the United States.
Livestreams Are the Future of Shopping in America
The U.S. has been slow to shop via live online video, but the coronavirus sparked interest: “It’s basically digitizing QVC and HSN.”
Oracle confirms it has a deal to become TikTok’s ‘technology partner’
Proposal comes just ahead of US President Trump’s threat to ban the video-sharing app on national security grounds; Treasury Secretary Steven Mnuchin says the plan will undergo review, with a recommendation issued by the end of the week.
Inside Apple’s Rise to $2 Trillion
Apple reached a staggering $2 trillion market valuation in August, despite years of doubt from critics over whether the tech giant could continue to succeed after the death of Steve Jobs. Here’s a look at Apple’s rise to the very top.
Inside China's New $18 Billion Dollar Airport
You won't believe what the inside of China's new Airport looks like! Worth over $18 Billion Dollars, it's the absolute height of luxury for the first class traveller!
Mastercard Releases Platform Enabling Central Banks to Test Digital Currencies
Payments giant Mastercard said its new testing platform will simulate the issuance, distribution and utility of digital currencies for central banks.
Biometric Bribery: Inside Semlex’s Global Playbook
Semlex is an unassuming Brussels-based company that supplies biometric documents such as passports and driving licenses to governments and international bodies.
Tesla is 'profoundly overvalued,' and its exclusion from the S&P 500 was a 'brave' decision by the index committee, DataTrek says
Tesla's exclusion from the S&P 500 index on Friday was a surprise to many, given that the mega-cap electric-vehicle manufacturer ticked off all the eligibility requirements.
Activists Are Demanding Facebook Suspend An Indian Executive Who Shielded Anti-Muslim Hate Speech
“I don’t know what the damn problem is at Facebook with anti-Muslim hate, but I would just say at this point that they don’t seem to care.”
China slams US ‘bullying’ of tech firms, unveils data security initiative
Foreign Minister Wang Yi condemns ‘global hunting’ of companies as he launches an initiative opposing data theft, mass surveillance and ‘back doors’ in devices.
Swiss region to take cryptocurrency for tax payments in 2021
A Swiss region that has billed itself as a hub for high-tech finance says it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year
California Man Pleads Guilty in $722 Million Crypto Fraud Plot
A California man pleaded guilty to a cryptocurrency mining fraud of at least $722 million that prosecutors said amounted to a “high-tech Ponzi scheme.”
Nothing new for the users, just Apple follow behind its competitors: Apple may hold a big event this month to unveil the iPhone 12, new Apple Watches, and more. Here's everything we're expecting to see.
Apple typically holds an event to introduce its new iPhones and make other announcements every September. This year, we're expecting to see the company's first 5G smartphone, the iPhone 12, as well as new Apple Watches, a new iPad Air, a...
Experts dissected TikTok's algorithm and say a US buyer will struggle to replicate its magic
Anyone who buys TikTok will struggle to replicate the app's magic if the purchase doesn't include its recommendation algorithm, experts say. Technology experts told Business Insider that TikTok's recommendation algorithm was stronger th...
A COVID-19 vaccine will mark a 'big top' for the stock market and end tech dominance, BofA says
A COVID-19 vaccine would mark the top in stocks and set the stage for a rotation from growth stocks into value stocks, Bank of America said on Friday. Technology stocks remain overbought even after Thursday's steep sell-off, and a compos...
Amazon deleted 20,000 product ratings after an investigation highlighted paid-for reviews
Amazon removed 20,000 product reviews following revelations that some sellers offer free products in exchange for positive ratings. An investigation by the Financial Times analyzed the behavior of top reviewers in the UK. One user posted...
Why Many Rural Americans Still Don’t Have Reliable Internet
As many schools around the country start the year virtually, residents in rural communities like those in West Virginia are asking why they don’t have reliable Internet service. The recent bankruptcy of Frontier Communications provides i...
Saudi Arabia develops secure alternative to WhatsApp
Saudi Arabia is developing a secure alternative to the short messaging service WhatsApp that will help ensure protection of confidential data.
Man, 90, learns to hold funeral prayers on Zoom
A man who helps grieving Hindu families has been holding prayers and ceremonies over the internet during the coronavirus lockdown.
SWIFT Details How Cyber Criminals Encash Stolen Funds
In a new report, SWIFT and BAE Systems reveal how cyber attackers launder money and ‘cash out’ following large-scale heists.
MacKenzie Scott has become the world's richest woman
MacKenzie Scott - philanthropist, author and ex-wife of Amazon CEO Jeff Bezos - is now the wealthiest woman in the world.
Tech stocks slide as Wall Street goes into reverse
Stocks on Wall Street went into reverse on Thursday as shares in the five biggest US companies tumbled.
The Justice Department is reportedly preparing to file antitrust charges against Google
The Department of Justice is planning to file antitrust charges against Google as soon as this month, The New York Times reported Thursday. Attorney General William Barr set a deadline for DOJ lawyers to file the charges by the end of Se...
Technology and The ‘New Normal’: London Showcases How Tech Will Help Navigate Our Fast Evolving World
London Tech Week 2020 launches this week showcasing the best of global tech and how it will play a crucial role in helping us navigate the challenges facing our changing world.
Hong Kong's richest man holds an $11 billion stake in Zoom that makes up one-third of his total wealth
Li Ka-shing, Hong Kong's richest man, currently holds an 8.6% stake in video-conferencing app Zoom, worth about $11 billion
Do not buy iPad Pro - it’s a fake pro, Apple simply cheating you!
Stay with your good old iPad Air. And with your good old iPhone 7 or 8. Do not downgrade your Apple devices to their new and poor versions.
Apple is now worth more than the entire FTSE 100
Apple is worth approximately £1.65tn, while the whole FTSE 100 is worth just under £1.63tn
Russian agency created fake leftwing news outlet with fictional editors, Facebook says
Internet Research Agency also hired real, unwitting freelance reporters in operation Facebook has removed
Are Your Smartphone Photos Blurry? Here’s Why
Sometimes, you might take what you think is a great photo with your smartphone, only to see afterward it’s all blurry. If that’s happening to you a lot, let’s take a look at what might be causing it.
'Clean Network' is dirty play by Washington
The goal is not to protect the privacy of Americans. If it was, the US government would be doing something about Facebook, Amazon and other tech companies that harvest users' personal information to feed them fake news and ads. The Europ...
China puts drones and laser tech on restricted export list
About two dozen technologies now require government approvals and licences to be sold overseas.
U.S. tech stocks are now worth more than the entire European stock market
The U.S. tech sector now has a market cap of more than $9 trillion, making it more valuable than all European stocks, according to Bank of America. The European market was four times larger than U.S. tech in 2007, according to the note.
Why TikTok and WeChat are the new front line in the US-China tech war
The reasons why Donald Trump has banned some Chinese social media apps and the potential implications of the move.
China and the US: readying for war in space
The Trump administration has given new life to America's military presence in space --standing up a new Space Force and US Space Command -- as it seeks to dominate space. But US military officials believe China is hot on their heels.
The office is dead. Get yourself a backyard shed
As working from home turns into a semi-permanent situation for many, the search is on for private workspace. Some people have opted to take over a bedroom or basement to set up their new home office. But others are heading to the backyard.
Beware: the US-China technology war is about to burst the tech bubble
Tech stocks are overvalued, thanks to central banks. And as the impact of the US-China tech war becomes increasingly obvious and the pandemic cools demand for hi-tech goods, a chill will be thrown over stock markets.
Protesters set up a guillotine outside Jeff Bezos' mansion and demanded higher wages for Amazon workers after the CEO's net worth surpassed $200 billion
Demonstrators set up a guillotine outside Jeff Bezos' house to protest Amazon workers' wages on Thursday. The protest came the day after Bezos' net worth exceeded $200 billion for the first time, making him one of the richest people in h...
Why GPT-3 changes everything (and how it works)
A software program that ingests gigabytes of text can automatically generate whole paragraphs so natural they sound like a person wrote them. OpenAI’s GPT-3 is all the rage. What is it, what can it do, and where is it going?
Microsoft Surface Duo / Earbuds – Unboxing + First Impressions
Surface innovation comes to a mobile device. Impossibly thin and with two high-resolution touchscreens, Surface Duo features the best of Microsoft 365 and every Android app in the Google Play store. It’s a new way to get things done with...
Ant Group’s mega IPO will reward staff and early investors, including the businesses of two of Hong Kong’s wealthiest families
The Lis and Tungs invested in Ant Group in the fintech company’s US$14 billion private-equity funding round in 2018 before it filed its dual-listing application on Shanghai’s Star Market and in Hong Kong.
London's 'Tech City' may never be the same again after the coronavirus
London’s reputation as one of the world’s major tech hubs is in jeopardy as a result of the coronavirus pandemic. “The downside for London might be the dwindling of ’serendipity,” said Harry Briggs, a venture capitalist with Omers Ventur...
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