The US government has informed Chinese company ByteDance that if it does not sell TikTok, the popular app may be banned in the United States. Several American newspapers reported this, and the company confirmed the news. The app is seen as a threat by some policymakers in Western countries because […]
Tech
Facebook parent company Meta Platforms will cut an additional 10,000 jobs to cut costs. In November, Meta, which also owns WhatsApp and Instagram, had already announced that 11,000 jobs would be lost. The media has long been speculating about more job losses at the American technology company. The Washington Post […]
The collapse of US Silicon Valley Bank (SVB) poses a serious risk to the UK tech sector, Treasury Secretary Jeremy Hunt has said. Many biotech companies also did business with the bank or its British subsidiary, Hunt said during an interview on the TV channel Sky News. “Most people won’t […]
The European Union and the United States are putting pressure on Twitter. The European Commission has told CEO Elon Musk that Twitter must hire more staff for moderation. The Federal Trade Commission reports that it is intensifying an ongoing investigation into Twitter in the US. Both the Financial Times and […]
By order of European regulators, WhatsApp will, from now on, clearly inform users about changes that the messaging app is implementing in its general terms and conditions. It must always be clear what changes and what the consequences will be. There was earlier unrest among users when WhatsApp changed its […]
China has pledged to invest $1.9 billion in Yangtze Memory Technologies, the country’s largest maker of memory chips. This is reported by the Bloomberg news agency based on data from a Chinese government website. The investment size suggests that Beijing supports the country’s beleaguered chip sector. Chinese chip companies are […]
The ransom paid to free companies’ computers after a ransomware attack is usually used to invest in more criminal cyber activities. This should be apparent from a report from Trend Micro. You might have seen it coming, but cyber criminals who get a ransom from their victims don’t use it […]
The American manufacturer of electric cars, Tesla, opens a factory in northern Mexico, the Mexican head of state Andrés Manuel López Obrador announced. The factory is being built in the industrial city of Monterrey. According to López Obrador, Tesla CEO Elon Musk makes a significant investment in the Latin American […]
Facebook mother Meta has created a new production team to integrate hip technology into products such as Instagram, Facebook and WhatsApp. That writes CEO Mark Zuckerberg in a post. ‘Initially, we want to focus on building creative and expressive tools. In the longer term, we can also develop AI personas […]
Russians and some Russian banks subject to sanctions can trade in digital currencies via the Huobi and KuCoin crypto exchanges. Data analyst Inca Digital, specialising in crypto coins, says this in a report. According to director Adam Zarazinski, the exchanges may violate US and European sanctions. Many Russians’ transactions concern […]
