It was not immediately clear based off Musk’s tweet if any official steps had been taken to halt the acquisition. There’s another twist in the Twitter deal.
Read More »Crypto meltdown deepens as stablecoin Tether drops below dollar peg
The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this week …
Read More »Spain’s spy chief sacked over phone hacking scandal
Spain’s government on Tuesday sacked the country’s spy chief as part of a widening scandal over the hacking of the mobile phones of the prime minister and Catalan separatist leaders.
Read More »Bitcoin falls to 22-month low as stock markets tumble
Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling. …
Read More »South Korea’s spy agency joins NATO cyber defence group
First Asian state admitted to the military bloc’s Cooperative Cyber Defense Center of Excellence
Read More »Spanish prime minister’s mobile phone infected by Pegasus spyware, govt says
Spanish authorities have detected “Pegasus” spyware in the mobile phones of Prime Minister Pedro Sanchez and Defence Minister Margarita Robles, the government minister for the presidency, Felix Bolanos, said on Monday. Bolanos told a news conference Sanchez’s phone was infected in May 2021 and at least one data leak occurred …
Read More »Apple hit with EU antitrust charge over mobile payments technology
Apple faces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone maker with restricting rivals’ access to its technology used for mobile wallets. This marks the second EU charge against Apple after EU regulators last year accused …
Read More »India seizes $725m from China’s smartphone giant Xiaomi over ‘illegal’ remittances
India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday. India’s financial crime investigations agency began investigating the company in February and said it seized the money from …
Read More »Google Issues Warning For Billions Of Chrome Users
Google has confirmed multiple new vulnerabilities have been discovered in Chrome that impact the browser across all major platforms. Here’s everything you need to know to stay safe. Google confirmed the vulnerabilities on its Chrome blog post, revealing 30 new security flaws have been discovered in Chrome, seven of which …
Read More »Internet down in several French cities after cable ‘attacks’
Several French cities suffered internet outages, a government minister said on Wednesday, confirming media reports of coordinated attacks on the country’s communication infrastructure. “Internet cables have been cut in the Ile-de-France region, which is affecting the landline and mobile network,” Minister for Digital Affairs Cedric O said on Twitter. “We …
Read More »Reports: Twitter in talks with Musk over bid to buy platform
Twitter’s board is negotiating with CEO Elon Musk over his bid to buy the social media platform and a deal could be announced as early as Monday, according to media reports. Twitter and Musk negotiated into the early hours Monday over his bid to buy the social media platform, The …
Read More »Twitter bans climate change ads that contradict scientific consensus
Such advertisements will be categorised as inappropriate content. Microblogging platform Twitter on Friday announced that it will ban advertisements that “contradict the scientific consensus” on climate change. “We believe that climate denialism shouldn’t be monetized on Twitter, and that misrepresentative ads shouldn’t detract from important conversations about the climate crisis,” …
Read More »EU law targets Big Tech over hate speech, disinformation
Big tech companies like Google and Facebook parent Meta will have to police their platforms more strictly to better protect European users from hate speech, disinformation and other harmful online content under landmark EU legislation approved early Saturday. European Union officials clinched the agreement in principle on the Digital Services …
Read More »Russia fines Google over Ukraine ‘fakes’, far-right content – TASS
A Russian court has fined Alphabet Inc.’s Google 11 million roubles ($137,763) for failing to delete what it terms “fake” information about the conflict in Ukraine and YouTube videos produced by Ukrainian far-right groups, TASS reported. Russia’s communications watchdog said earlier this month that it was taking steps to punish …
Read More »Twitter adopts ‘poison pill’ as challenger to Musk emerges
Twitter Inc adopted a ‘poison pill’ on Friday to limit Elon Musk’s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company. Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in …
Read More »Elon Musk faces off with Saudi Prince over Twitter sale
The Tesla owner has questioned Saudi Arabia’s role in the tech company after the prince ‘rejects’ the proposed deal. Elon Musk has questioned Saudi Arabia’s role in Twitter Inc after Saudi Arabia’s Prince Alwaleed bin Talal tweeted his opposition to the billionaire entrepreneur’s offer to buy the social media company. …
Read More »Elon Musk offers to buy Twitter
The offer comes after Musk, who owns nine percent of Twitter’s shares, said he will not be joining the company’s board of directors. Elon Musk is offering to buy Twitter. The revelation on Thursday came just days after the Tesla CEO said he would no longer be joining the social …
Read More »Cryptoverse: 10 billion reasons bitcoin could become a reserve currency
A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own “stablecoin” is firing up the market. It’s part of a wider movement to crown bitcoin as the reserve currency of a new age. Seoul-based Terraform Labs has so far built up nearly 40,000 bitcoin worth …
Read More »Twitter says Elon Musk not joining company board
Twitter CEO Parag Agrawal says Musk, the firm’s biggest shareholder, has decided not to join its board. The CEO of Twitter has said Elon Musk will not join the board of directors of the social media giant, in a reversal less than a week after announcing that the billionaire tech …
Read More »Musk proposes Twitter Blue subscription shake-up days after disclosing 9.2% Twitter stake
Elon Musk, Twitter Inc’s biggest shareholder, on Saturday suggested a raft of changes to the social media giant’s Twitter Blue premium subscription service, including slashing its price, banning advertising, and giving an option to pay in the cryptocurrency dogecoin. Musk, who disclosed a 9.2% stake in Twitter just days ago, …
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