The Escalating Backlash Against Big Tech. The most valuable companies in the stock market today can be found in the technology sector. The first publicly traded company in history to reach a $1 trillion valuation was Apple in 2018. While it took the company more than 40 years to reach that milestone, less than four years later its valuation has increased by a further two trillion, reaching another record breaking $3 trillion. The “trillion dollar club” has also since expanded to include three more companies – all of them in the technology sector. However, the markets appear to be falling out […]
Tech
93 posts
Above Photo: President Nicolás Maduro tours the HQ of the government’s rapid-response center in Caracas. Prensa Presidencial. The Maduro government has recently been focused on resolving quality-of-life issues for Venezuelan workers and families. The Venezuelan government launched a new app-based initiative to address deteriorated public services that will facilitate a more direct means of communication between the citizenry and the government. President Nicolás Maduro toured the headquarters of a newly-opened rapid-response center, located inside the presidential palace of Miraflores on Saturday, saying the new system would “show the complaint, show the process and show the result, so that people can see […]
Above Photo: Joe Lauria. Lifelong journalist Joe Lauria joins Robert Scheer to discuss how companies like PayPal, YouTube and Facebook are quashing non-mainstream reporting and opinions on Ukraine. “Scheer Intelligence” has been reporting on the rise of censorship in the internet age in a number of ways since the podcast was started in 2015. Now host Robert Scheer is concerned that, under the cloak of the Ukraine conflict, all forms of alternative media on the internet could soon be eliminated. Examples already abound: archival videos of Chris Hedges’ RT show “On Contact” were taken down from YouTube; social media companies like Twitter and […]
China is imposing harsh regulations on private education, big tech, and billionaires. The new Cold Warriors in the U.S. government and media call these moves authoritarian, leftward tyranny, and bad for business. But Chinese president Xi Jinping calls it part of a “common prosperity” agenda to create a more equitable society on the road to building socialism. To help understand the Chinese point of view, Rania Khalek was joined by Tings Chak, a writer and researcher with Dongsheng News and the Tricontinental Institute. Source link
Tech capital flows unencumbered across borders, and so should tech workers’ solidarity and action. Tech companies are the new empires of today: Alphabet annual revenue surpassed Hungary’s GDP, Facebook employs over 15000 content moderators around the world, and Microsoft has built datavcenters in nearly every corner of our planet. Yet we continue to be sold the myth that the workers of the tech industry, which spans every corner of the globe, have nothing to do with each other. To hold these tech companies accountable, tech workers in the United States have begun to organize. “Help us be Alphabet’s conscience”, proclaimed the recently-formed Alphabet […]
Above Photo: Amazon. Concert operators may like Amazon’s palm recognition system, but some performers and activists are less than thrilled. A group of 200 artists and 30 rights groups has penned an open letter demanding the Red Rocks amphitheater, its ticketing provider AXS and AEG (AXS’ parent company) “immediately cancel” contracts to use Amazon One scanning at any venue. They also want the firms to ban all biometric surveillance at those events. The opponents to Amazon’s palm tech include figures you’d recognize, such as Rage Against the Machine’s Tom Morello and Bikini Kill’s Kathleen Hanna. The groups include organizations ranging from the immigrant-oriented United We Dream through […]
How The US Dominates Tech: The Untold Story December 10, 2020 How The US Dominates Tech: The Untold Story2020-12-102020-12-10https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/12/tech-e1607639651566.jpg200px200px This is the untold story of how the US uses its hegemony and mass surveillance system to weaponize its laws and take down non-US tech giants. On May 27, 2020, the Supreme Court of British Columbia, Canada finally ruled that Ms. Meng met the “double criminality” standard. That is her actions “were illegal” in the United States and in Canada, which is unsettling. How could the US’ arbitrary sanctions on Iran dictate the actions of global firms? This US extra-territorial attack has […]
National interests will outweigh public’s pro-Palestinian views if Sudan ends up signing a peace pact with Israel, believes a Khartoum-based journalist. But an agreement is still remote, given the fact that the current transitional government doesn’t have the authority to decide on such paramount issues. As Israel boosts its ties with two Gulf countries, a report has emerged stipulating that another nation is on its way to establish official relations with the Jewish state. Several days ago, it was reported that the Sudanese Sovereignty Council decided to go ahead with the normalisation process, following alleged US pressure that gave Khartoum 24 […]
DLT is among 20 “critical and emerging” technologies in the Trump Administration’s new strategy for preserving the U.S.’ technological edge. Source link
Twitter’s CEO Jack Dorsey has blamed “bad communication” and a “lack of context” in response to public outcry over his platform’s censorship of a New York Post story on alleged backroom dealings of the Biden family. “Our communication around our actions on the [New York Post] article was not great. And blocking URL sharing via tweet or DM with zero context as to why we’re blocking: unacceptable,” Dorsey tweeted on Wednesday, hours after Twitter began blacklisting the story. Our communication around our actions on the @nypost article was not great. And blocking URL sharing via tweet or DM with zero context […]
Scheer Intelligence: Wrestling Back Privacy From The Jaws Of Big Tech By Robert Scheer, ScheerPost.com. October 13, 2020 Scheer Intelligence: Wrestling Back Privacy From The Jaws Of Big Tech2020-10-132020-10-13https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/10/privacy-scaled-1-e1602620355792.jpg200px200px Above image: By Mr. Fish. The Common Sense Media founder is taking on Mark Zuckerberg and other tech barons. He wants to empower the rest of us to do the same. Over the course of just a few decades, technology has come to play a role in nearly every single aspect of our lives. While there have been undeniable benefits to technological advances, one of the main concerns that has grown alongside […]
The rapidly growing city of Shenzhen will be giving away 10 million yuan (US$1.47 million) of China’s new sovereign digital money via lottery, as China seeks to test out and stimulate the usage of the digital funds, according to a report in the South China Morning Post. Source link
Newly-filed financial disclosures show House Speaker Nancy Pelosi and her husband have invested up to $1 million in CrowdStrike, American cybersecurity technology company and the originator of ‘Russian hacking’ claims. Financial disclosures show Pelosi (D-California) and her husband Paul buying CrowdStrike shares on September 3, according to a RealClearInvestigations report by journalist Aaron Mate. Since then, the stock went from $129.25 a share to $142.97. New from me: Financial disclosure forms show that Nancy and Paul Pelosi have invested between $500,000 to $1 million in Crowdstrike, the firm that first accused Russia of hacking the DNC.Pelosis Take a Big Stake in […]
Chinese tech companies were once seen as copycats of their Western peers: Alibaba was a knockoff of eBay and Baidu imitated Google. More recently, Chinese firms like TikTok and Huawei have established such dominant international positions that U.S. authorities have tried to hold them back. Now, the technological arms race is playing out in the cryptocurrency industry, where one Chinese company is taking on Ethereum, the world’s second-largest blockchain, which U.S.-based developers have used to build semi-automated trading and lending networks under the rubric of decentralized finance, or DeFi. Neo took aim at DeFi in late September with its launch of […]
https://cdn1.img.sputniknews.com/img/07e4/0a/04/1080658595_0:47:3106:1795_1200x675_80_0_0_eca76e73f8f60bd0e4287a75074276a4.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/science/202010041080658569-elon-musk-to-visit-two-spacex-launch-sites-in-florida-following-tech-scrubs/ After the second recent cancellation of a Falcon 9 rocket launch, Musk apparently wants to see for himself what is going wrong, as his goal is to increase the total number of launch missions to 48 in 2021. Elon Musk will visit two SpaceX launch sites soon – one at Cape Canaveral Air Force Station and the other at Kennedy Space Center – according to tweets he posted recently. Replying to a user who asked what the stumbling block was for SpaceX and enumerated a number of possible issues, Musk said that all of the […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202010011080632380-google-facebook-and-twitter-ceos-to-be-subpoenaed/ The US Senate Commerce Committee has unanimously voted to subpoena the CEOs of Twitter, Facebook, and Google for a hearing on a key law protecting tech companies. MORE DETAILS TO FOLLOW Source link
Amy Webb, a quantitative futurist and founder of the strategic foresight firm Future Today Institute, thinks the world can, indeed, get worse. In her most recent book “2020 Tech Trend Report: Strategic Trends that Will Influence Business, Government, Education, Media and Society in the Coming Year,” Webb examines the companies – and the people who run them – that will make the future either a utopia or a new hell. Webb’s major idea centers around how the G-MAFIA (an invective and acronym of Google, Microsoft, Amazon, Facebook, IBM and Apple) and its Chinese counterpart in BAT (Baidu, Alibaba and Tencent) are […]
The news comes as the Trump administration continues to pressure Germany to block Huawei from the nation’s 5G networks, despite failing to receive guarantees Berlin would cancel its business with the Chinese telecoms giant, German and US media reported on Monday. Berlin has allegedly launched plans to help Deutsche Telekom enter the Chinese telecom market as part of a deal on the nation’s 5G strategy, it was reported. The WirtschaftsWoche report did not state provide further details on the plans, despite the German telecom previously offering enterprise-level provisions of data centre and cloud services in China via T-Systems PR China. But […]
Privacy tech company Aleo has launched a data privacy-oriented blockchain and developer kit to make writing zero-knowledge proofs in web applications easy and scalable. The startup is releasing its first round of software tools to let developers write private applications for the web using a new programming language called Leo, as well as integrate these tools into pre-existing browsers’ functions. “I think it’s become very clear that the internet is broken,” said Aleo co-founder Howard Wu on a phone call. “As users of the internet, we give up our personal data in exchange for services from providers. This model is really […]
Parity Technologies has released the second version of its blockchain building kit, Substrate 2.0, according to a blog post shared Wednesday with CoinDesk. The new release gives developers additional tools to customize a blockchain “precisely for your application or business logic,” the post reads. Parity Technologies is the developer of the Polkadot blockchain with ambitions for developing a Web 3.0, undergirded by a meshing of various blockchains. The centerpiece of that multi-blockchain vision is Substrate. It acts as a tooling kit for developers making their own blockchains with Polkadot – also built on Substrate – working underneath as a communication and […]
Through its main investors, SoftBank and Lockheed Martin, Cybereason not only has ties to the Trump administration but has its software running on some of the U.S. government’s most classified and secretive networks. – Originally published on VT 15 January 2020 – by Whitney Webb, Mint Press If the networks of the U.S. military, the U.S. intelligence community and a slew of other U.S. federal agencies were running the software of a company with deep ties, not only to foreign companies with a history of espionage against the U.S. but also foreign military intelligence, it would — at the very least — […]
The Spanish government has come up with a new way of taxing tech giants by seeking to classify the likes of Facebook, Telegram, and Google’s parent company, Alphabet, as telecom providers. Telecommunications Secretary Roberto Sanchez introduced a new bill on Friday, requiring all companies providing telecommunications services to register as telecommunications operators – even if they do not provide any phone numbers. The legislation is set to go through public hearing and get parliamentary approval, and is not expected to be finalized until the end of the year. If Madrid proceeds with the initiative, Big Tech companies would have to pay the […]
Portland lawmakers unanimously passed a sweeping ban on facial recognition technology, becoming the first city to bar both public and private entities from the controversial software and defeating Amazon’s bid to kill the measure. The Portland City Council adopted the ban in the form of two separate ordinances on Wednesday. The first will block all city agencies, including the police, from using the tech, while the other prohibits private organizations from deploying facial recognition devices in public places. Democratic Mayor Ted Wheeler has hailed the move, saying it sets Portland apart from other cities. “What makes Portland’s legislation stand out from […]
The ambitious multi-million pound project will work along with two major government investment strategies aimed at bolstering domestic technologies amid Washington’s contentious trade war. Chinese tech giants such as Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) are set to launch a “domestic replacement” fund by the end of 2020 to boost mainland firms hit by US sanctions, reports revealed. China Europe Capital, a venture capital firm, plans to raise 5bn yuan (£566.3m) to facilitate start-ups in the semiconductor, artificial intelligence (AI) and 5G industries, chairman Zhang Jun said in a statement. “China and the US are in a Great Power […]
The recent stock rout has wiped out over $1 trillion from the value of America’s biggest tech corporations, including the world’s most valuable company Apple and online giant Amazon – but it failed to erase all their 2020 gains. US benchmark indices finished lower for the third session in a row on Tuesday amid a massive sell-off in high-flying technology stocks, which were the main drivers of the market rally amid coronavirus uncertainty. The Dow Jones Industrial Average dropped over 600 points, while the tech-heavy Nasdaq Composite shed over 400 points – more than four percent – to close in correction […]
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Investors dumped technology shares and drove all US stock market indices sharply down after a previous day’s high note. Oil and gold also dropped, as analysts struggled to explain the cause behind the sell-off. The Dow Jones Industrial Average dropped by over 1,000 points before bouncing back on Thursday, closing down 808 points at 28,292.73, for a 2.8 percent loss. The S&P 500 dropped 3.5 percent to close at 3,455.06, while the Nasdaq composite was down 5 percent, at 11,458.10. It was the worst single-day loss for Dow and S&P since June, and the biggest drop for Nasdaq since March. The […]
In their biggest plunge since June, US stocks sank on Thursday amid huge selloffs driven by tech giant losses. At closing bell on Thursday, US stocks had suffered some of their biggest single-day losses in months. The Dow Jones Industrial Average closed at 28,292.73, an 807.77-point loss, and the S&P 500 suffered a 125.78-point loss to close at 3,455.06. Meanwhile, the Nasdaq Composite lost 598.34 points, closing at 11,458.10. Big losses by tech giants helped drive the stock sell-offs, as Facebook lost more than 4% of its share value, Apple and Microsoft lost nearly 7% each and Amazon and Netflix more […]
The news comes after the Trump administration extended a ban Chinese firms doing business with US tech companies in May, forcing the world’s largest contract chipmaker to block shipments of processors to the world’s largest IT equipment provider as the measures were due to enter force in September. US restrictions on Huawei Technologies have sparked a massive stockpiling of chips in the global semiconductor industry amid a shortfall in funding from Washington, an analyst told Reuters on Monday. Washington pledged roughly $22.8bn in June to the US chipmaking industry but the funds may not be sufficient as they cover just half […]
Australian Facebook users may soon find themselves unable to share news, the social media giant has warned, citing a new law which has pitted Big Tech firms against major media outlets demanding a cut of their revenue. The draft regulation, proposed by the Australian Competition and Consumer Commission (ACCC), would mandate that platforms such as Facebook and Google give news organizations a piece of their digital marketing earnings. While supporters of the law argue the platforms unduly benefit from hosting news content, Facebook insists the ACCC “misunderstands the dynamics of the internet,” and that the regulation would force the company to […]
https://cdn1.img.sputniknews.com/img/07e4/07/14/1079935068_0:137:1920:1217_1200x675_80_0_0_58f74e0bda12e2fee0cf0f2022e63805.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Pratibha Sharma. Sputnik International https://sputniknews.com/india/202008281080304510-now-shots-wont-hurt-indias-top-tech-institute-develops-painless-vaccination-device/ New Delhi (Sputnik): This type of technology has been used in the United States and several other countries. This method involves micro-needles that are too thin to induce a painful reaction, like ordinary needles which touch the nerves in the skin. The Indian Institute of Technology Kharagpur has developed micro-needles and micro-pumps that enable medications to be administered in a painless way. Do invasive medications make you anxious because of the pain? You may not have to worry anymore – microneedles and micropump developed by IIT Kharagpur will enable your medications to […]
Previous Chancellor Philip Hammond slapped a two per cent tax on top digital companies, which are largely American, with concerns having since mounted that the companies could pass on the costs to customers. The move is also understood to have angered Washington, which believes the tax stands in the way of effective trade talks. The Digital Services Tax (DST), dubbed the “Facebook tax” on big tech companies, which was introduced last April, could be ditched after Chancellor of the Exchequer Rishi Sunak came to believe that the £500 million a year it is expected to raise is a drop in the […]
New Delhi (Sputnik): From social networking to internet browsing and shopping, India has an array of domestically-made apps to help users earlier accustomed to Chinese platforms before they were banned last month over an ongoing border standoff. Developers are exploring newer and trendier services to offer India’s 400 million smartphone users. From providing “early warnings” about floods to “meme and keyboard” apps that allow people to create their own jokes, Indian software developers have won accolades from the Narendra Modi government against the backdrop of a “digital strike” against China by the authorities. With the slogan “Go Vocal For Local”, India […]
Reports suggesting that the Trump administration is urging Tel Aviv to block China from the development of 5G infrastructure in Israel emerged in late May, falling in line with Washington’s confrontation with Chinese tech giant Huawei over its alleged connections with Beijing intelligence. Israel and the United States are close to signing a so-called Memorandum of Understanding (MOU) that suggests Tel Aviv would refrain from using Chinese technology in building up the country’s 5G infrastructure, The Jerusalem Post reported, citing unnamed US government sources. “We’re optimistic that Israel will take a clean approach to 5G and choose to only allow trusted […]
The United Arab Emirates and Israel agreed to normalize relations Thursday following negotiations mediated by the US, with a formal ceremony expected to take place at the White House at a later date. The UAE is just the third Arab state, and the first in the Arabian Peninsula, to recognize the state of Israel since that country’s founding in 1948. Former Obama-era US Ambassador to Israel Dan Shapiro believes Tel Aviv transferred mystery technologies to Abu Dhabi to improve relations after the electrocution and suffocation-based assassination of Mahmoud Mabhouh, founder of Hamas’s military wing, in a hotel room in Dubai in […]
Top row, Facebook CEO Mark Zuckerberg, right, Amazon CEO Jeff Bezos, second from right, and bottom row Google CEO Sundar Pichai, left, and Apple CEO Tim Cook, second from left are sworn in remotely during a House Judiciary subcommittee on antitrust on Capitol Hill. Mandel Ngan/AP hide caption toggle caption Mandel Ngan/AP Top row, Facebook CEO Mark Zuckerberg, right, Amazon CEO Jeff Bezos, second from right, and bottom row Google CEO Sundar Pichai, left, and Apple CEO Tim Cook, second from left are sworn in remotely during a House Judiciary subcommittee on antitrust on Capitol Hill. Mandel Ngan/AP Four Big Tech […]
A new study from Bitcoin startup Veriphi finds companies and users sending bitcoin transactions could have saved more than half a billion dollars in fees if all companies, including wallets and exchanges, had used the most up-to-date technology. Each bitcoin transaction has an optional fee tacked on. Users have the ability to choose the amount of this fee. If the Bitcoin blockchain is particularly busy, seeing too many transactions at once, a higher fee will ensure a transaction gets picked up by miners and goes through faster. Read more: How do Bitcoin Transactions Work? Bitcoin fees cost an average of about […]
HUGE! Trump White House Implements Executive Order on Online Censorship: Prevents Tech Giants from Altering Users’ Free Speech – Demands Transparency of Moderation Practices Tap here to add The Western Journal to your home screen. Source link
The infrastructure propping up Bitcoin might become easier for anyone to spin up and run. Lightning creator Tadge Dryja has been working on a new design for a lighter weight Bitcoin full node, about which he first wrote a paper in 2019. Last week, he and a team of coders released a first version of the Utreexo software as a part of MIT Digital Currency Initiative (DCI), putting the idea of lighter nodes into working code. Full Bitcoin nodes act like financial security systems, validating Bitcoin blockchain transactions and protecting users from being tricked into thinking they received money that they […]
On the eve of a Big Tech antitrust hearing, citing video evidence dug up by Project Veritas, a Republican congressman has referred Facebook CEO Mark Zuckerberg to the Justice Department for lying to Congress about political bias. Zuckerberg allegedly made “materially false statements to Congress while under oath” during the April 10-11 joint hearings in 2018, Rep. Matt Gaetz (R-Florida) wrote in a letter addressed to Attorney General William Barr on Monday. While on those occasions the Facebook CEO “repeatedly and categorically denied any bias against conservative speech, persons, policies, or politics” and “dismissed the suggestion that Facebook exercises any form […]
From Kamchatka in the east to St. Petersburg and Kaliningrad in the west, the Russian Navy put the finest of its sea power on display, with warships sailing by and naval assaults played out in front of onlookers. Founded and nurtured by the reformist Tsar Peter I the Great at the end of the 17th-century, the Russian military’s naval arm marks its professional holiday this Sunday. Festivities were held across the Northern, Baltic, Pacific and Black Sea fleets plus the Caspian flotilla, but the focus of the celebrations was St. Petersburg, the cradle of the Russian Navy’s traditions. As many as […]
Adam Traidman is CEO of BRD, a mobile cryptocurrency wallet. If a global company can successfully hide billions of dollars overnight, we have a problem. If it is rigorously audited by a leading accounting firm, and regulated by one of the most thorough regulatory agencies in the world, yet still manages to cover up the disappearance of billions of dollars, then we have an even bigger problem. I am of course talking about the glaring reports that thrust the balance sheets of German-based card issuer Wirecard into the spotlight in recent weeks – uncovering some ugly truths and a culture of […]
More than 50% of COVID-19 related business closures in the US are now permanent. Can tech platforms provide a new avenue for small biz entrepreneurship? Today on the Brief: Disappointing jobless claim numbers with first increase in 4 months US banks now allows to custody crypto Senate hears arguments for a digital dollar in the context of US-China economic competition Our main conversation with Sahil Bloom Sahil Bloom is an investor with Altamont Capital Partners and a prolific author of financial literacy Twitter threads. In this conversation, he and NLW discuss: Today’s jobless claims Long term economic impacts from COVID in […]
New Tech Labor Movement Unites Office And Gig Workers By Tyler Sonnemaker and Allana Akhtar, Business Insider. July 23, 2020 New Tech Labor Movement Unites Office And Gig Workers2020-07-232020-07-23https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/07/employee-activism-at-major-tech-companies-like-amazon-and-google-has-been-on-the-rise-especially-since-the-pandemic.-e1595538254838.jpg200px200px Above photo: Employee activism at major tech companies like Amazon and Google has been on the rise, especially since the pandemic. Tech workers across pay scales, job types, geographies, and companies have joined together in unprecedented shows of solidarity. Google was one of the first. Last September, 80 Google contractors working for HCL Technologies voted overwhelmingly to unionize. Engineers at the company advocated for a union a month later, and were later fired. On New […]
Last week the Court of Justice of the European Union (CJEU) struck down a key data-sharing agreement between the United States and European Union, with possible implications for U.S. blockchain companies that serve EU customers. The 2016 agreement, known as the Privacy Shield, lets American companies self-certify they are complying with data privacy laws, like the General Data Protection Act (GDPR). GDPR gives end users greater control over data held by companies like Google and Facebook. Steven Blickensderfer, a technology and privacy lawyer at the firm Carlton Fields, said the decision dramatically alters how companies can process data and impacts not […]
https://cdn1.img.sputniknews.com/img/107856/27/1078562773_0:320:3072:2048_1200x675_80_0_0_943cf92d72efcb24d81b08f7378aa502.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/business/202007221079955792-us-stocks-rise-after-tech-boost-mitigates-china-us-trade-fears/ Source link
The body of Tech millionaire Fahim Saleh was found decapitated and dismembered last week in his luxurious Manhattan apartment. Police arrested his former personal assistant Tyrese Devon Haspil on Saturday for his death. The New York Times reported that Haspil owed Saleh nearly $100,000 that he stole from his former boss. Saleh’s cousin discovered his dismembered body in the living room of his $2.2 million apartment with his head, arms and legs amputated last week. The electric saw was still plugged into the wall. Tyrese Haspil TRENDING: “Re-Fund the Police!… We Will NEVER Support Black Lives Matter!… Trump 2020!” – EPIC! […]
U.S. prosecutors have secured a guilty plea from Sohrab Sharma, a co-founder of the Centra Tech initial coin offering (ICO) fraud. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
A former assistant to tech entrepreneur Fahim Saleh, whose dismembered body was found in his luxury Manhattan apartment earlier this week, was taken into custody by the NYPD on Friday. Tyrese Haspil, 21, was being held in connection with the gruesome slaying of the 33-year-old startup whiz. He was expected to be charged with homicide. A law enforcement source told The Daily Beast that detectives began zeroing in on Haspil after finding message exchanges in which Saleh had accused him of stealing tens of thousands of dollars over a period of time. Investigators ran a credit-card check and determined that Haspil’s […]
On Wednesday the Twitter account belonging to former Vice President Joe Biden was hacked, the account belonging to former President Barack Obama was hacked shortly after. Many other massive figures and accounts were also hacked, including Jeff Bezos, Kanye West, Mike Bloomberg, Elon Musk, Uber, Warren Buffet, Apple and Bill Gates. The hackers used the accounts to request money be sent to a Bitcoin wallet, which raked in tens of thousands of dollars in minutes. Senator Josh Hawley wrote to Twitter following the massive security breach to explain the extent of the breach and how this was possible. .@HawleyMO sent a […]
As NYPD detectives sought the black-clad monster who beheaded and dismembered 33-year-old tech entrepreneur Fahim Saleh in his $2.2 million Manhattan apartment, his family issued a plea for justice. “No words or actions to provide any of us comfort except the capture of the person who exhibited nothing short of evil upon our loved one,” the family statement said. “We need and urge the NYPD and other members of law enforcement to work diligently to get to the bottom of this horrific crime and bring justice for Fahim.” The family described the brutality of the killing as beyond comprehension. “The headlines […]
14 Jul, 2020 11:48 Follow RT on British telecoms companies will be banned from buying Huawei 5G components starting from the end of this year, the UK media secretary said. The firms also must get rid of all of their Huawei gear by 2027. Follow RT on Source link
Pedestrians in Harvard Yard in 2019. Schools and businesses have gone to court to stop the Trump administration from barring online-only international students from entering or staying in the United States. Charles Krupa/AP hide caption toggle caption Charles Krupa/AP Pedestrians in Harvard Yard in 2019. Schools and businesses have gone to court to stop the Trump administration from barring online-only international students from entering or staying in the United States. Charles Krupa/AP One week ago, the Trump administration announced it would ban international students from attending U.S. colleges in the fall if they only take online classes. Now hundreds of colleges […]
https://cdn1.img.sputniknews.com/img/107878/97/1078789773_0:221:2100:1403_1200x675_80_0_0_cec87b3f070cdd0c4e6db53da6237433.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202007111079853812-us-government-allocates-84-million-in-drone-space-tech-shipbuilding-contracts/ WASHINGTON (Sputnik) – The US government has approved $84 million in contracts to protect unmanned aerial vehicles, space technology and shipbuilding during the COVID-19 crisis, the Department of Defence said in a press release. “As part of the national response to COVID-19, and to support the domestic small unmanned aerial system (sUAS) industrial base, the Department of Defence awarded contracts totaling $13.4M to five companies to sustain the capabilities of this critical domestic industrial base”, the release said on Friday. The funding also included a $15 million agreement with LeoLabs to ensure the continued […]
Stephanie Hurder, a CoinDesk columnist, is a founding economist at Prysm Group, an economic advisory focused on the implementation of emerging technologies, and an academic contributor to the World Economic Forum. She has a Ph.D. in Business Economics from Harvard. As the world prepares to return to work and school following the coronavirus crisis, the essential role that credentials play in the labor market is coming into view. Millions of workers who permanently lost jobs and thousands of students attending colleges that may close forever will be in search of new opportunities. And they will rely on credentials to attest to […]
New Delhi (Sputnik): The Indian government banned 59 Chinese apps, citing them as a “threat to the integrity and sovereignty” of the country in the wake of the border clashes with China. While new Indian apps have been launched to fill the space to promote ‘self-reliant’ India, global players are also looking to enter the lucrative new market. Several popular Chinese apps, including Tik-Tok, UC Browser and ShareIt, left the Indian market soon after the government imposed the ban. Investors lined up to back made-in-India alternatives to these apps, which had garnered millions of downloads within a day of launch. Talking about […]
A video showing the head of a San Francisco tech firm verbally abusing an Asian family has caught the attention of ‘cancel’ crusaders, but it appears the witch hunt has already resulted in collateral damage. Michael Lofthouse, the CEO of IT company Solid8, was caught on camera making racist remarks to a family seated next to him at a restaurant. The video begins with one of the family members, Jordan Chan, daring Lofthouse to “say it again,” suggesting that the altercation had already started. Also on rt.com From everyday language to the worlds of Shakespeare and Austin, mainstream media looks for […]
In late February, the British government announced that it would give Huawei a limited role in building the UK’s 5G infrastructure, despite previous US warnings that the move could potentially compromise US-British intelligence sharing. UK Prime Minister Boris Johnson is set to start excluding the use of Huawei technology in the country’s 5G network this year “in a major about-turn”, The Telegraph reports. The newspaper referred to a report by the Government Communications Headquarters (GCHQ)’s National Cyber Security Centre which claims that US sanctions against Huawei has had a “severe” impact on the firm and will prompt the Chinese telecom giant […]
The UK watchdog said that Google had limited rival search engine companies from accessing consumers and could potentially block the world’s third-largest smartphone manufacturer from improving its own services. A deal struck between US tech giants Alphabet Inc and Apple Inc to switch default search engines to Google on Safari browsers has created “significant barriers to entry and expansion” for competing firms, the Competition and Markets Authority (CMA) said in a report on Wednesday as reported by Reuters. Apple also received “the substantial majority” of £1.2bn from Google to secure the deal, the report said, adding that rival platforms had stated […]
Apple came third at 13 percent, with Oppo, Xiaomi and Vivo following in the list. The massive boost in sales potentially resulted from China’s rapid recovery from the ongoing COVID-19 pandemic, according to reports. Huawei Technologies has overtaken Samsung Electronics as the world’s top smartphone maker in April and May, data from Counterpoint Research revealed on Tuesday, Huawei and Samsung topped smartphone sales at 19.7 and 19.6, respectively. The Chinese tech giant took 21.4 percent of the global market in April, surpassing Samsung for the first time in history, with the latter earning 19.1 percent. The news comes as Boston Consulting […]
British customers should use the guest WiFi of pubs, bars and restaurants as a means of aiding the upcoming COVID-19 track and trace requirements, issued by their government, argues technology firm Purple WiFi. The UK-based company, which specialises in data capture and predictive analytics, notes that it would be inefficient and less secure for businesses in the hospitality industry, which will start to re-open on 4 July 2020, to have to collect customer data from every person who comes to their premises to buy a pint or order food. Dean Cookson, Purple’s Marketing Director, explains why he thinks his company’s WiFi technology […]
Blockchain startup Kirobo says its technology can prevent the loss of cryptocurrency caused by human error when sending what are normally irreversible transactions between wallets. The firm’s Retrievable Transfer feature works by building a new layer onto existing blockchain protocols. Users then have the ability to “cancel” a transaction sent to an incorrect cryptocurrency wallet address, the Israeli company said in a press release Tuesday. “Our aim is to make blockchain transactions as simple and as secure as online banking,” said Kirobo CEO Asaf Naim. The company’s logic layer functions by providing a unique transaction code that must be entered by […]
Footage shows a massive swarm of locusts invading the Indian city of Gurugram, located just southwest of New Delhi. The cloud of insects is a rare sight in the city that is a posh financial and technology hub. The locusts descended upon the streets of Gurugram on Saturday, flying in a large, cloud-like mass as well as resting on everything they pleased. The invasion had been anticipated, with the city’s authorities urging the residents to close doors and windows beforehand. Footage from the scene shows thousands of desert locusts swarming in the air so fast they are making the picture blurry. […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/uk/202006251079718783-huawei-granted-permission-to-build-1-billion-pound-research-facility-in-england-tech-giant-says/ Source link
Institutional digital asset technology firm Metaco is partnering with the Frankfurt School Blockchain Center (FSBC) to find ways of bolstering its services using the think tank’s research. The Switzerland-based company announced Wednesday that it would be tapping research conducted by the FSBC to better inform the security and service design of its infrastructure tech. According to Philipp Schulden, head of operations at FSBC, research work done under the partnership will largely focus on the kind of infrastructure needs a tokenized economy would have such as custody, transfer, trading and initial tokenization of assets. One of the research centers at the Frankfurt […]
The U.S. Department of Homeland Security’s (DHS) startup booster, the Silicon Valley Innovation Program (SVIP), renewed its hunt for interoperable, blockchain-based anti-counterfeiting projects at a virtual Industry Day on Tuesday. SVIP officials offered startups a fresh batch of use cases – an alternative to Social Security numbers; e-commerce, food and natural gas supply chain traceability projects; and an essential worker license inspired by COVID-19 – plus the same $800,000 in funding and potential to contract with the government that they’ve wooed first-time federal partners with in the past. Coming two years after SVIP first ventured into the realm of distributed technologies […]
New Delhi (Sputnik): In February 2020, when the coronavirus had just started to spread outside China, India spent millions of dollars to welcome US President Donald Trump on his maiden visit to the South Asian country. At the time, Indian Prime Minister Narendra Modi displayed his bonhomie with POTUS in all its glory. In light of the economic and job crisis caused by the COVID-19 pandemic, President Donald Trump has officially suspended the issuing of H-1B visas, which are popular among Indian IT professionals, along with other international work visas, until the end of the year 2020. The decision, which has […]
Russian IT firms may enjoy significantly lower income tax and insurance payments, according to a plan laid out by Prime Minister Mikhail Mishustin. The tax break envisages a nearly twofold reduction of insurance payments – from 14 percent to 7.6 percent – while income tax could be cut to three percent from the current level of 20 percent, Russian business daily Vedomosti said, citing two government officials. Additionally, the prime minister reportedly offered to cancel value-added tax (VAT) on software and IT development ads on foreign digital platforms and provide special subsidies for developers. Also on rt.com Most Russian companies face […]
Ethereum’s consensus algorithm is not the only thing changing with the launch of Eth 2.0. The underlying cryptography itself is getting an overhaul based on leading research out of the Electric Coin Company. Called BLS12-381, the new elliptic pairing curve will securely coordinate transactions on the proof-of-stake (PoS) Eth 2.0 network, while opening up opportunities for data savings and privacy-tech solutions. Currently, the ins and outs of that curve are being baked into the network with Ethereum Improvement Proposal 2537. That EIP is slated for delivery with the protocol’s 10th hard fork, Berlin, tentatively scheduled for July. As a hard fork, […]
Earlier reports claimed two of Britain’s biggest mobile operators, BT and Vodafone, warned the government that parts of the country might face mobile blackouts if they were to pull Huawei gear out of their networks following US pressure to ban the Chinese tech giant. British security officials have reportedly urged UK telecom operators such as BT and Vodafone to replenish their stockpiles of Huawei equipment amid concerns that fresh US sanctions targeting the Chinese telecom giant might disrupt its ability to maintain critical supplies, writes Reuters. The outlet cites a letter by officials at the National Cyber Security Centre (NCSC) who […]
Hong Kong-based cryptocurrency platform Crypto.com has revamped its digital exchange. The new upgrades are expected to increase the performance and throughput of the exchange tenfold, the company announced Thursday. Changes include improvements to speed, scalability and security. The Crypto.com exchange launched in beta at the end of last year. The exchange is one of many services offered on the platform alongside currency accounts, debit cards and a mobile app. Company co-founder and CEO Kris Marszalek told CoinDesk the firm is planning to end the trial phase by the end of the year, and the infrastructure upgrades are expected to pave the […]
The UK is set to use a “decentralized” model proposed by Google and Apple for its Covid-19 contact-tracing app. The previous model developed by the NHS sparked privacy and usability concerns. The government is switching to a model based on technology provided by Apple and Google. Despite the replacement, the user interface will stay the same. The news follows reports that the NHS app’s advisory board is considering dropping the current centralized model, by which data is stored on a central server controlled by authorities and opting for a decentralized approach touted by Google and Apple, by which data is kept on […]
New Delhi (Sputnik): India, the second largest smartphone market in the world, is projected to witness a 13-15 percent sales decline as a side effect of slow production and ongoing tensions with China. To foreign tech players thriving in India, just when losses seemed near, the hope of profit came disguised as a rise in TV sales. Amid the lockdown, Chinese and South Korean tech players in India including Xiaomi, LG, and Samsung recorded substantial sales in the television category, a market analysis report by research firm Counterpoint said on Thursday. In the January to March quarter of 2020, Xiaomi managed […]
Binance, the world’s largest cryptocurrency exchange by trade volume, has joined the Indian tech industry association that helped overturn the nation’s crypto banking ban earlier this year. The cooperation between Binance and the Internet and Mobile Association of India (IAMAI) is an early step in implementing industry best practices in the Indian crypto market, according to a press statement. India’s crypto sector has rapidly emerged after the lifting of a de facto ban in March 2020. Binance is now a member of the IAMAI’s crypto committee. The IAMAI is a not-for-profit trade body of digital businesses operating within the country. Its […]
In 2017 the far left Soros-connected Media Matters sent out a document titled, “Democracy Matters: Strategic Plan for Action,” on their 2017 to 2020 plan to defeat President Trump and Republicans. The Media Matters plan included working with the tech giants: Facebook, Twitter and Google to censor and silence conservative voices and platforms. DAVID BROCK MEDIA MATTERS PLAYBOOK < 2017 – 2020 Democrats and their allies in Big Tech know conservatives were able to freely communicate before the 2016 election and get around the lies of the mainstream media.So Democrats put together a plan to silence conservative voices. TRENDING: EXCLUSIVE: The […]
On Thursday CNN political reporter Oliver Darcy, who defended the anarchist Seattle Autonomous Zone, published a hit piece on conservative publishers. Oliver Darcy, whose primary purpose at the network is to silence conservative voices, published a hit piece on The Gateway Pundit, Breitbart, and others. Says Darcy: “Right-wing websites like Breitbart and The Gateway Pundit have also pushed the narrative that armed Antifa members have begun seizing land.“Antifa is reportedly seeking armed volunteers to take turns manning barricades and holding ground that protesters have seized within Seattle city limits,” a Wednesday Breitbart article said.That report relied on a post from the […]
The co-founder of the Centra Tech crypto project that at one time garnered A-list celebrity endorsements but was later called a scam in court, pleaded guilty Tuesday for conspiring to commit securities and wire fraud. Robert Farkas, 33, admitted he and co-founders Sohrab Sharma and Raymond Trapani misrepresented Centra Tech’s true purpose as they worked to dupe investors out of more than $25 million, the Justice Department said in a press release. The three pitched investors on a “Centra Card” crypto debit card purportedly issued by Visa or Mastercard, claimed to have 38 state money transmitter licenses and concocted a CEO […]
Two blockchain platforms, both proof-of-stake, are trying to stay on the right side of the Financial Action Task Force’s (FATF) “Travel Rule.” In separate announcements on Thursday, the Algorand and Tezos Foundations said they had linked up with two analytics companies, Chainalysis and Coinfirm, respectively, to help bake regulatory compliance into their eponymous blockchains. It’s been very nearly a year since the Financial Action Task Force (FATF), the global anti-money laundering (AML) watchdog, updated its guidance for nations to stipulate that crypto companies must store and disclose information about senders and receivers, above a certain transaction threshold. In Algorand’s case, Chainalysis […]
US law enforcement will be barred from using Amazon’s facial recognition software for one year, the company has announced, calling for stronger government regulations on the technology amid a broader push to reform policing. Amazon said it had placed a “one-year moratorium” on police use of its Rekognition software in a blog post on Wednesday, noting that organizations that “help rescue human trafficking victims and reunite missing children with their families” – which at times work with police – will be exempt from the ban. “We’ve advocated that governments should put in place stronger regulations to govern the ethical use of facial […]
Opinion 00:52 GMT 09.06.2020Get short URL While the US Drug Enforcement Agency (DEA) has been conducting surveillance and collecting information on protesters in the wake of the police killing of George Floyd, web developer and technologist Chris Garaffa and technology and security analyst Patricia Gorky told Sputnik the agency has long peered into activists’ communications. “William Barr – who’s attorney general, who we’ve talked about many times as an absolute enemy of privacy and civil liberties – last week put out a statement staying that because of ‘anarchistic and far-left extremists, using Antifa-like tactics,’ he was deploying the FBI, the DEA […]
This image from the Twitter account of President Donald Trump shows a tweet he posted on Friday, May 29, 2020, after protesters in Minneapolis. On Tuesday, the Center for Democracy and Technology sued Trump over the president’s executive order aimed at limiting a legal protection long enjoyed by tech companies like Twitter. AP hide caption toggle caption AP This image from the Twitter account of President Donald Trump shows a tweet he posted on Friday, May 29, 2020, after protesters in Minneapolis. On Tuesday, the Center for Democracy and Technology sued Trump over the president’s executive order aimed at limiting a […]
Tech Mahindra, the IT subsidiary of Mahindra Group, is to work with local edutech firm Idealabs to develop blockchain talent within India. The two firms will begin offering curated professional certification courses on blockchain, including live online classes and sessions with experts from the industry in the effort to boost the skills of both tech professionals and students. The firms, which inked an agreement for the initiative on Monday, will also assist eligible candidates seeking employment opportunities, as reported by Telegana Today. The firms aim to provide hands-on experience and real-world implementation of distributed ledger technology, as well as to raise […]
Google, Twitter, Facebook, Apple, Amazon, Hulu, Disney released statements supporting racial equality following a weekend of mass violence by leftist protesters from coast to coast. Hundreds of businesses and government offices were destroyed, looted and torched.Americans were attacked and traumatized. But the cowardly tech giants want you to know they value racial equality — despite being overwhelmingly white or Asian. TRENDING: NYC Mayor De Blasio’s Daughter, Chiara, Arrested For Blocking Traffic in Manhattan Riot These same tech giants REFUSED to condemn the mass violence by the left. Via Varney and Co. Source link
Some members of Congress want to let tech startups access federal stimulus loans. But venture-capital-backed startups aren’t like other small businesses — they fail even in good economic times. LULU GARCIA-NAVARRO, HOST: Like many small companies, tech startups have been laying off employees – more than 40,000 people by one count. Yet tech startups backed by wealthy investors are not eligible for federal stimulus loans. But about a dozen members of Congress are urging the Small Business Administration to rethink its rules. Rachael Myrow of KQED in San Francisco reports. RACHAEL MYROW, BYLINE: Silicon Valley Congresswoman Anna Eshoo says her experience […]
To “B” or not to “B”? CoinDesk editors are currently reviewing our style guide’s capitalization policy. Should every blockchain project be written in lowercase, uppercase or a mix? Should we differentiate between “bitcoin” the currency and “Bitcoin” the protocol? Should the standard differ by project, depending on how decentralized, permissionless or corporate the organizational structure? Maybe it’s “ethereum” in one case and “Libra” in another. And what’s the threshold for decentralization? Do we have the authority to make that judgment call? The internal conversation has been surprisingly spirited, so much that we’re taking the next natural step for a decentralization debate […]
U.S. President Donald Trump signed an executive order Thursday, seeking to amend Section 230 of the Communications Decency Act. Section 230 prevents social media companies from civil liability for the content posted on them. The order targets Twitter and Facebook after Twitter fact-checked two of the President’s tweets. The text emphasizes Trump’s “commitment to free and open debate on the internet.” Trump said that “we are here today to defend free speech against one of the gravest dangers it has faced in American history” before going on to identify that threat as a “small handful of social media monopolies.” Lawyers who […]
A 1980s teen tech tycoon has teamed up with a one-time international carnivorous plant smuggler and a veterinarian to promote what they claim is a possible vaccine for COVID-19—but experts warn the budding research project could contribute to the flood of misinformation plaguing the coronavirus crisis. The trio co-authored a “study” suggesting existing inoculations for measles, mumps, and rubella could help protect against the ravages of COVID-19. Their report, published through an obscure environmental charity called the World Organization, is also seeking coronavirus survivors to volunteer for blood work to test their theory. They also want Dr. Anthony Fauci, the nation’s […]
India 08:34 GMT 18.05.2020Get short URL New Delhi (Sputnik): The government of India has eased policies, permitting the nation’s start-ups and private firms to be part of deep space missions that would be undertaken by the country’s apex space body ISRO. Access to ISRO’s geospatial data would ensure the development of newer technology at lower costs for Indian firms. Indian Finance Minister Nirmala Sitharaman on Monday acknowledged the work being done in the space sector by private Indian companies. In a bid to open up a level playing field for private and start-up sector companies eager to be part of Indian […]
Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX). “While DEXs offer significant improvements over CEXs [centralized exchanges] in terms of safety of funds and transparency, there is typically a painful trade-off on transaction speed,” Synthetix CEO Kain Warwick told CoinDesk in an email. It doesn’t cost anything more than a tweet to participate in the demo DEX, but users need to act fast because they only have till Tuesday to place in the top 20 and win a piece of the 50,000 SNX the company […]
United Arab Emirates-based retail and business bank, RAKBank, is expanding its remittance routes using Ripple’s blockchain technology. Ripple, which provides distributed ledger payments products for financial institutions, was selected to help the UAE’s 9th largest bank provide quick cross-border payments in a new Bangladeshi corridor. A partnership, announced Sunday, between Bangladesh-based Bank Asia and RAKBank will allow users to transfer money between accounts at the two institutions within 24 hours, RAKBank said. RippleNet’s blockchain technology has been integrated with the bank’s own RAKMoneyTransfer service for the initiative. RippleNet is a global payments network with now over 300 members that seeks to […]
A handful of big names in crypto want in on the privacy features offered by Zcash. “It is humbling and inspiring that such a strong group of builders is leaning in to push that mission forward and help guide the future of Zcash,” privacy coin co-founder Zooko Wilcox said in a press statement. The Electric Coin Company (ECC) announced Monday the launch of the Zcash Developers Alliance (ZDA), an invite-only working group that includes the Lightning Network startup Bolt Labs, the cross-chain technology startup Thesis, the Ethereum conglomerate ConsenSys and two leading startups working on the Cosmos project, Agoric and Iqlusion, […]
US 14:54 GMT 10.05.2020Get short URL The 48-year-old, who recently became a father for the seventh time, also announced that Tesla would be suing a California county for acting contrary to the president, the country’s constitutional freedoms, and “just plain common sense”. California Democrat Lorena Gonzalez tweeted “f**k Elon Musk” after the tech maverick announced on 8 May that he would move the Tesla HQ to Texas or Nevada following a decision by Alameda County Health Officer Erica Pan to ban the company from reopening its factory, despite California’s governor lifting some coronavirus restrictions. Gonzalez’s post received almost 10,000 likes and […]
India 14:59 GMT 06.05.2020Get short URL New Delhi (Sputnik): To combat COVID-19, Indian Prime Minister Narendra Modi imposed a countrywide lockdown from 25 March, however the government allowed the conditional opening of several sectors of the economy starting from 4 May. An Indian Institute of Technology (IIT) Delhi startup has launched an anti-microbial and washable face mask “NSafe”, which is reusable up to 50 launderings while greatly cutting down the cost of use. The masks are available in packs of two and four at a cost of $4 (INR. 299) and $7.7 (INR 589) respectively. Given the acute shortage of face […]