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From Tipperary to Silicon Valley: how Stripe became vital cog in digital economy

Brothers Patrick and John Collison’s online payments empire is now valued at $95bn The latest fundraising round by the digital payments firm Stripe has boosted the net worth of its co-founders, Patrick and John Collison, to about $11.5bn (£8.3bn) each, catapulting them into the top bracket of the world’s millennial billionaires. Not bad for two …

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Google to slash app store fees by half for developers’ first US$1m in sales

The cut will take effect from July with 99% of developers globally receiving a reduction as the company and Apple face legal action from Epic Games Google will slash the fee it takes from Android app developers in the Google Play store by half following a similar move by Apple last year, as the two …

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Teen who hacked Joe Biden and Bill Gates’ Twitter accounts sentenced to three years in prison

Graham Ivan Clark also took over account of Kim Kardashian West in 2020 bitcoin scam An 18-year-old hacker who pulled off a huge breach in 2020, infiltrating several high profile Twitter accounts to solicit bitcoin transactions, has agreed to serve three years in prison for his actions. Graham Ivan Clark, of Florida, was 17 years …

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Uber to pay UK drivers minimum wage, holiday pay and pension

Move follows supreme court ruling that drivers are workers but critics say they are still short-changed Uber is to guarantee its 70,000 UK drivers a minimum hourly wage, holiday pay and pensions after a landmark supreme court ruling. The ride-hailing app said drivers would start benefiting from the changes from Wednesday while retaining the right …

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Facebook must tackle ‘Spanish-language disinformation crisis’, lawmakers say

Campaign comes amid warnings that company removes Spanish misinformation less consistently than English material Members of Congress and activist groups have called on Facebook to address its “Spanish-language disinformation crisis”, urging the company to make major policy changes on the platforms it owns. In a new campaign launched on Tuesday, the Democratic representative Tony Cardenas …

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Foxconn says it might revive Wisconsin plant to make electric cars

Residents forced to move in 2017 when site was earmarked for LCD screen production The head of Taiwanese manufacturing company Foxconn has said it could start making electric vehicles at a previously abandoned Wisconsin project Donald Trump had claimed would be the “eighth wonder of the world”. Speaking in Taipei on Tuesday Foxconn chairman Young …

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Masked moves and ballet in the bath: a year of digital dance

With stages closed, dancers have thrived on Instagram and TikTok, given innovative online performances and found a huge new audience The first time I cried watching someone dance in their living room was in April last year. A few weeks into the first lockdown, unnerved by sudden confinement, there was ballerina Céline Gittens on my …

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Silk Road review – high-free account of the dark-web drugs emporium

Taking a fanboy stance on Silk Road founder Ross Ulbricht doesn’t help Tiller Russell’s underpowered Silicon Valley crime drama Here’s an unthrilling, bland drama about the rise and fall of Ross Ulbricht, the mastermind behind the illegal online drug emporium Silk Road (described by the FBI as “the Amazon of drug sites”). Between 2011 and …

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