Month: February 2022

Reddit and Twitter users face age checks under UK porn law plans

Social network users may be asked to submit passport or credit card details under plans outlined by ministers Reddit and Twitter users in the UK could be required to submit details of their passport or credit card as part of the government’s proposed age verification rules for pornography. The two sites are among the few …

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EU hopes €43bn plan will fix chip shortages as supply chain crisis bites

Ursula von der Leyen says chips are ‘bedrock of our modern economies’ but the pandemic has exposed supply vulnerabilities The European Union has announced a €43bn ($48bn) plan to overcome its dependency on Asian computer chip makers as governments and businesses around the world battle with a global supply chain crisis that experts believe could …

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US married couple arrested for allegedly conspiring to launder $4.5bn in bitcoin

Husband and wife, a rapper on TikTok, are accused in the US’s biggest-ever cryptocurrency theft case The US justice department has announced the unraveling of its biggest-ever cryptocurrency theft case, seizing a record-shattering $3.6bn in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex. A husband-and-wife team of alleged money launderers was arrested …

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Uber backs Sadiq Khan’s road-charging proposals for London

Exclusive: support for pledge on congestion and pollution as company unveils plans to expand zero-emission services Uber has swung its weight behind proposals from the London mayor, Sadiq Khan, for more road charges as it unveiled plans to expand zero-emission cab services. The ride-hailing firm said it had more than doubled the number of electric …

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Facebook should guard against revealing private addresses, board recommends

Oversight Board of Meta recommends exception to privacy rules should be removed Facebook and Instagram should tighten privacy rules to protect against the revealing of private residential addresses and images online, known as doxxing, according to the independent body that decides if content should be on the social media platforms. The Oversight Board of Meta, …

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Guto Harri reportedly lobbied No 10 chief of staff to stop ban on Huawei

Boris Johnson’s new press chief believed to have been trying to stop Chinese firm from being dropped from UK’s 5G network Boris Johnson’s new communications director lobbied a former chief of staff at Downing Street not to ban Chinese technology company Huawei over spying fears, leaked documents suggest. Guto Harri, who was appointed No 10’s …

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Porn sites in UK will have to check ages in planned update to online safety bill

Digital minister Chris Philp says it is too easy for children to access pornography online The government has revived plans to make pornography websites carry out age checks, which would require British users to provide data such as their credit card or passport details to prove they are over 18. Ministers said the forthcoming online …

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Nvidia’s $40bn takeover of UK chip designer Arm collapses

Japan’s SoftBank announces that sale of British company faces insurmountable regulatory hurdles Nvidia’s planned $40bn (£29.6bn) acquisition of the Cambridge-based chip designer Arm from Japan’s Softbank has collapsed, the companies said on Tuesday, after regulatory hurdles proved insurmountable. The cash-and-stock deal was announced in 2020 but the US Federal Trade Commission sued to block it …

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Peter Thiel, PayPal founder and Trump ally, to step down from Meta board

Thiel, a major donor to the Republican party, was seen by critics as part of the reason why Facebook did not censor Trump Peter Thiel, the co-founder of PayPal and Palantir Technologies, is stepping down from the board of Facebook’s parent company, Meta, after 17 years. Thiel, Facebook’s longest-serving board member and a major donor …

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