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16 Billion Login Credentials Leaked in Massive Data Breach Impacting Apple, Google and More
Cybersecurity researchers have discovered a “mysterious database” comprising a staggering 16 billion login credentials, in what is being called one of the biggest data breaches in history. According to a report, it impacted some of the world’s biggest technology companies including Apple, Facebook, and Google, along with government portals fr...
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Australia Moves Closer to Ban Social Media for Children
Australia on Wednesday moved closer to banning social media for children under 16. Australia's House of Representatives passed the bill 102 votes to 13 after Prime Minister Anthony Albanese's centre-left Labor government secured bipartisan support for the ban.
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Italy Begins Audit of Meta in Tax Case That Could Cost Facebook Parent $925 Million
Italy expects to take until the end of the year for an initial assessment of Facebook parent Meta in a tax case that could land the US company with a bill of around EUR 870 million ($925 million or roughly Rs. 7,611 crore) and prove a test case for the tech sector.
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Tech Giants Could Face Fines Worth Up to 5 Percent of Annual Turnover Under Proposed Australian Laws
Tech giants could face billions of dollars in fines for failing to tackle disinformation under proposed Australian laws, which a watchdog on Monday said would bring "mandatory" standards to the little-regulated sector.
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Canada PM Trudeau Slams Meta for Threatening to Block News Access Over Online News Act
Prime Minister Justin Trudeau on Tuesday slammed Meta after executives said it would block news for Canadian Facebook and Instagram users in response to a proposed law that would require digital giants to pay for local journalism content.
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Big Tech to Face New Law Designed to Strengthen UK's Competition Watchdog
Big Tech is set to face a new law in the UK that is designed to rein in its power to stifle competition in digital markets. Companies such as Google, Facebook and Amazon may have to offer customers an easy way to out of online subscriptions while making it easier to tackle fake reviews. Companies who breach the proposed rules could face a fine of u...
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Britain's Digital Tax on Big Tech Companies Like Google, Facebook, Amazon Could Become Permanent, Say Experts
A levy imposed by Britain on the revenues of big tech companies such as Google, Facebook and Amazon in 2020 as a stopgap measure pending an international tax agreement risks becoming permanent, a group of tax experts said on Wednesday.
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Google to Spread Misinformation Prebunking in Europe; Initiative in the Works in India
Google, after seeing promising results in Eastern Europe, will initiate a new campaign in Germany to make people more resilient to the corrosive effects of online misinformation. The tech giant plans to release a series of short videos highlighting the techniques common to many misleading claims.
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Layoffs Alone Won’t Solve Tech’s Problems: Parmy Olson
The tech sector has had a tough time recently with the prevailing economic downturn hitting all the big companies. Amazon, Microsoft, Meta, and Alphabet have all announced layoffs in the thousands to cut their losses. While these tech giants are tightening up on fringe benefits and showing their talent the door, there is still more to do.
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Government Drafts Framework to Restrict Fake Reviews on E-Commerce Websites
India launched a crack down on Monday against fake reviews and unverified ratings in a bid to make online interaction and e-commerce more authentic and less misleading for users. The government has drafted a framework for companies as well as travel sites or food delivery apps which depend on consumer reviews to validate products and services. Posi...
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Elon Musk Twitter Takeover: From Moderation to Monetisation, Here Are the Challenges Facing Twitter's New Boss
Elon Musk took control of Twitter on Friday, as the world's richest man completed his acquisition of the microblogging service. Musk has previously stated that the long-term potential for Twitter is an order of magnitude greater than its current value, and he is set to face a series of challenges. From monetisation to moderation, here is everything...
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Google, Meta Fined Over $71 Million In South Korea Over Privacy Violations
South Korea has fined Google and Meta more than $71 million collectively for gathering users' personal information without consent for tailored ads, regulators said Wednesday, the country's highest-ever data protection fines.
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Amazon Testing TikTok-Style Feed Called Inspire on Its App, AI Firm Confirms
Amazon has joined other companies like Google and Facebook to Introduce replica of TikTok’s feed. The e-commerce giant has been testing a feed on its app that enables shoppers to scroll through TikTok-style feed. Using the feature, called Inspire, customers can like, save and share posts of products, and purchase items directly from the feed.
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US Tech Industry Fears Handing Over Data on Abortion to State Government After Verdict in Roe vs Wade Trail
The US technology industry is fearing the possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the US Supreme Court's decision on the Roe vs Wade precedent.
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EU's New Rules May Compel Google, Facebook, Twitter to Counter Deepfakes, Spam Accounts
Google, Facebook, Twitter and other companies may come under compulsion to counter deepfakes, spam accounts once soon after EU announces its updates code of practice this week. Ignoring the rules may attract hefty fines on social media giants.
-
16 Billion Login Credentials Leaked in Massive Data Breach Impacting Apple, Google and More
Cybersecurity researchers have discovered a “mysterious database” comprising a staggering 16 billion login credentials, in what is being called one of the biggest data breaches in history. According to a report, it impacted some of the world’s biggest technology companies including Apple, Facebook, and Google, along with government portals fr...
-
Australia Moves Closer to Ban Social Media for Children
Australia on Wednesday moved closer to banning social media for children under 16. Australia's House of Representatives passed the bill 102 votes to 13 after Prime Minister Anthony Albanese's centre-left Labor government secured bipartisan support for the ban.
-
Italy Begins Audit of Meta in Tax Case That Could Cost Facebook Parent $925 Million
Italy expects to take until the end of the year for an initial assessment of Facebook parent Meta in a tax case that could land the US company with a bill of around EUR 870 million ($925 million or roughly Rs. 7,611 crore) and prove a test case for the tech sector.
-
Tech Giants Could Face Fines Worth Up to 5 Percent of Annual Turnover Under Proposed Australian Laws
Tech giants could face billions of dollars in fines for failing to tackle disinformation under proposed Australian laws, which a watchdog on Monday said would bring "mandatory" standards to the little-regulated sector.
-
Canada PM Trudeau Slams Meta for Threatening to Block News Access Over Online News Act
Prime Minister Justin Trudeau on Tuesday slammed Meta after executives said it would block news for Canadian Facebook and Instagram users in response to a proposed law that would require digital giants to pay for local journalism content.
-
Big Tech to Face New Law Designed to Strengthen UK's Competition Watchdog
Big Tech is set to face a new law in the UK that is designed to rein in its power to stifle competition in digital markets. Companies such as Google, Facebook and Amazon may have to offer customers an easy way to out of online subscriptions while making it easier to tackle fake reviews. Companies who breach the proposed rules could face a fine of u...
-
Britain's Digital Tax on Big Tech Companies Like Google, Facebook, Amazon Could Become Permanent, Say Experts
A levy imposed by Britain on the revenues of big tech companies such as Google, Facebook and Amazon in 2020 as a stopgap measure pending an international tax agreement risks becoming permanent, a group of tax experts said on Wednesday.
-
Google to Spread Misinformation Prebunking in Europe; Initiative in the Works in India
Google, after seeing promising results in Eastern Europe, will initiate a new campaign in Germany to make people more resilient to the corrosive effects of online misinformation. The tech giant plans to release a series of short videos highlighting the techniques common to many misleading claims.
-
Layoffs Alone Won’t Solve Tech’s Problems: Parmy Olson
The tech sector has had a tough time recently with the prevailing economic downturn hitting all the big companies. Amazon, Microsoft, Meta, and Alphabet have all announced layoffs in the thousands to cut their losses. While these tech giants are tightening up on fringe benefits and showing their talent the door, there is still more to do.
-
Government Drafts Framework to Restrict Fake Reviews on E-Commerce Websites
India launched a crack down on Monday against fake reviews and unverified ratings in a bid to make online interaction and e-commerce more authentic and less misleading for users. The government has drafted a framework for companies as well as travel sites or food delivery apps which depend on consumer reviews to validate products and services. Posi...
-
Elon Musk Twitter Takeover: From Moderation to Monetisation, Here Are the Challenges Facing Twitter's New Boss
Elon Musk took control of Twitter on Friday, as the world's richest man completed his acquisition of the microblogging service. Musk has previously stated that the long-term potential for Twitter is an order of magnitude greater than its current value, and he is set to face a series of challenges. From monetisation to moderation, here is everything...
-
Google, Meta Fined Over $71 Million In South Korea Over Privacy Violations
South Korea has fined Google and Meta more than $71 million collectively for gathering users' personal information without consent for tailored ads, regulators said Wednesday, the country's highest-ever data protection fines.
-
Amazon Testing TikTok-Style Feed Called Inspire on Its App, AI Firm Confirms
Amazon has joined other companies like Google and Facebook to Introduce replica of TikTok’s feed. The e-commerce giant has been testing a feed on its app that enables shoppers to scroll through TikTok-style feed. Using the feature, called Inspire, customers can like, save and share posts of products, and purchase items directly from the feed.
-
US Tech Industry Fears Handing Over Data on Abortion to State Government After Verdict in Roe vs Wade Trail
The US technology industry is fearing the possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the US Supreme Court's decision on the Roe vs Wade precedent.
-
EU's New Rules May Compel Google, Facebook, Twitter to Counter Deepfakes, Spam Accounts
Google, Facebook, Twitter and other companies may come under compulsion to counter deepfakes, spam accounts once soon after EU announces its updates code of practice this week. Ignoring the rules may attract hefty fines on social media giants.
