The European Commission is satisfied with several commitments from the online shopping platform Amazon to better comply with European competition rules. The deal means Amazon escapes a potential billion-dollar fine. The American company promises not to use other sellers’ data to improve its brands and stop favouring some sellers. Amazon’s […]
Tech
Facebook is abusing its power to market its advertising platform Marketplace, concludes the European Commission. If that provisional conclusion remains valid, billions of fines threaten Facebook. Facebook automatically gives its billions of users access to Marketplace, where they can advertise stuff or place classified ads. Whether they are waiting for […]
The US Senate has unanimously voted to ban the popular app TikTok from the work phones of US government officials. According to the bill’s initiator, the Chinese app is “a Trojan horse for the Chinese Communist Party”. However, the bill still has to pass the House of Representatives before the […]
Microsoft and Nintendo have entered into a ten-year agreement to bring the popular Call of Duty game to the Nintendo platforms. The deal between the American tech company and the Japanese maker of games and gaming consoles shows that companies are more willing to share important titles at a time […]
Amazon Web Services has presented its new Graviton3E chips. The specialized chips must work faster and more efficiently in the large data centres of the cloud giant. Standard chips alone are no longer enough for Amazon Web Services. So the company behind one of the most extensive cloud services in […]
Binance comes with a ‘proof-of-reserves’ system with which it wants to prove that it has enough bitcoin to pay customers. This seems to be a reaction to the crash of significant competitor FTX. Crypto exchange Binance has launched a new website explaining its proof-of-reserves system. With this system, the platform […]
A cyber attack hit the European Parliament on Wednesday afternoon. The pro-Russian hacker group Killnet claims to be behind it, says parliament speaker Roberta Metsola. She links it to parliament’s decision earlier in the day to label Russia a sponsor of terrorism. It is an ‘advanced cyber attack’, Metsola tweets. […]
Meta Platforms, the parent company of Facebook, has laid off more than 24 employees and freelancers in the past year for illegally taking over the accounts of users of the social media platform. This is reported by the business newspaper The Wall Street Journal based on insiders and documents from […]
Bitcoin cryptocurrency lost a lot of its value on Tuesday. The cause seems to be the news surrounding the potential takeover of crypto exchange FTX by its rival Binance. On Sunday, Binance boss Changpeng Zhao tweeted that his platform would eliminate all of its competitor’s FTT digital tokens “following recent […]
Nintendo expects to sell fewer Switch game consoles in the current fiscal year, which runs through March. This is partly because the Japanese company is suffering from production problems with the popular console due to shortages of parts such as chips. The sales forecast for the Switch was reduced by […]
