Month: March 2023

Near 50% fall in Silvergate’s shares over FTX exposure prompts survival doubts

Stock price of crypto-focused US bank plummeted in Thursday trading and it is assessing its ability to keep going The share price of cryptocurrency-focused US bank Silvergate plummeted by nearly 50% in early trading on Thursday after fresh revelations about the extent of its exposure to the collapse of crypto exchange FTX raised questions about …

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Best podcasts of the week: Words of wisdom from Michelle Obama and her famous friends

In this week’s newsletter: Personal stories and platitudes abound in the former first lady’s The Light We Carry podcast. Plus: five of the best shows to help you organise your life Don’t get Hear Here delivered to your inbox? Sign up for the full article here The Light We CarryAudible, all episodes out on TuesdayWe …

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‘They’re more concerned about profit’: Osha, DoJ take on Amazon’s grueling working conditions

The federal workplace safety agency has issued citations against the company at multiple warehouses for various violations The US’s top workplace safety regulator and the justice department are pressuring Amazon to explain safety practices that have led to injury rates for warehouse workers that are on average close to twice as high as the company’s …

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Last night AI DJ saved my life? Testing Spotify’s virtual radio host

A male voice offers ‘commentary’ as the service curates a stream of songs I’ve heard before. Do I really need this? I’m listening to Radiohead’s Creep on the radio. “You may not know this,” the DJ coos patronizingly, “but this song turns 30 this year.” So far, so tidbit of trivia on FM drivetime. The …

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Elon Musk sets out vision to eliminate fossil fuels from world economy

Tesla chief executive kicks off company’s ‘investor day’ by outlining path to a ‘fully sustainable earth with abundance’ Tesla chief executive Elon Musk kicked off his company’s “investor day” on Wednesday by describing a plan to eliminate fossil fuels from the economy. Musk is expected to lay out a plan to make a smaller, more …

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One of NSO Group’s founders emerges as new majority owner

Omri Lavie appears to have gained control of blacklisted spyware company’s shares One of NSO Group’s founders appears to have gained control of the blacklisted spyware company’s shares following a legal fight over the group’s future, according to corporate filings in Luxembourg. Omri Lavie – the “O” in NSO Group, who has in recent years …

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House committee advances legislation to ban TikTok over security concerns

Republican committee chair describes Chinese-owned social app as a ‘spy balloon in your phone’ A powerful US House committee has applied further pressure to TikTok by backing legislation that could give Joe Biden the power to ban the social video app. The House foreign affairs committee voted on Wednesday along party lines to grant the …

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Elizabeth Holmes gives birth to second child and seeks to delay prison sentence

Attorneys cite Theranos founder’s two children as reasons why she should be allowed to remain free while she appeals conviction Elizabeth Holmes has given birth to a second child, her attorneys revealed in a court filing seeking to delay the beginning of her more than 11-year prison sentence. The disgraced Theranos founder’s children, one an …

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Under-18 TikTok users to be limited to one hour – until they change settings

Default settings being rolled out have 60 and 100-minute restrictions but can be removed Teenagers joining TikTok will be limited to an hour of use each day, the social media company has announced – but only for as long as it takes them to realise they can change the settings manually. New default screen time …

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Man files complaint accusing YouTube of harvesting UK children’s data

Duncan McCann’s complaint is first one alleging major tech firm has broken new code A man has filed a formal complaint accusing YouTube of harvesting young children’s data, the first such complaint alleging a major tech firm has broken the new “age-appropriate design code”. Duncan McCann, a staff member at child advocacy group 5Rights, filed …

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