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Global IT outage shows dangers of cashless society, campaigners say

Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out Campaigners say the chaos caused by the global IT outage last week underlines the risk of moving towards a cashless society. Supermarkets, banks, pubs, cafes, train stations and airports were all hit by the failure of Microsoft systems on Friday, leaving …

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The Microsoft/CrowdStrike outage shows the danger of monopolization

As the world recovers from the largest IT outage in history, it shows the danger of one point of failure in IT infrastructure A global IT failure wreaked havoc on Friday, grounding flights and disrupting everything from hospitals to government agencies. Over all the chaos hung a question: how did a flawed update to Microsoft …

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Tech broligarchs are lining up to court Trump. And Vance is one more link in the chain

Elon Musk and Peter Thiel, a longtime backer of the new vice-president pick, are among those pledging support Less than a month after Donald Trump was elected president in November 2016, he invited the cream of Silicon Valley’s tech elite to a meeting at his transition team’s headquarters at Trump Tower. It was an awkward …

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Elon Musk v California: what exits of X and SpaceX mean for the Golden state

The billionaire’s companies enjoyed major tax breaks in the state. Now, he’s declared it intolerable and ordered his firms to Texas Elon Musk announced this week he would move the headquarters of his companies X and SpaceX from California to Texas, the culmination of a longstanding face-off between the volatile executive and the state where …

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A £53m gamble: billionaire’s firm claims it was tricked into buying UK online betting firm that was worth ‘nil’

Internet betting tycoon Teddy Sagi’s multimillion-pound acquisition of a gaming firm now allegedly worth nothing is the subject of a court case involving heavily contested claims of fraud and physical threat Ensconced within the luxury of his £30m Knightsbridge pad overlooking Hyde Park, the billionaire Teddy Sagi laid his cards on the table. “I have …

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What is ‘mogul style’? Why billionaire bland has had its day

It’s not that the outfits are necessarily bad, although many of them are. Have we lost something in the transition away from the coat-and-tie? The business casual revolution of the 1990s and rise of tech billionaires in the early aughts supposedly ushered in a new era that freed employees from the shackles of dress codes. …

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‘Google says I’m a dead physicist’: is the world’s biggest search engine broken?

For decades now, anyone who’s wanted to know everything about anything has asked Google. But is the platform losing its edge – and can we still trust it to tell us the truth? I didn’t know I was dead until I saw it on Google. When I searched my name, there it was: a picture …

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‘Happy moments like these deserve to be captured’: Chang Nianzu’s best phone picture

The Shanghai native and street photographer intentionally included his own shadow in this colourful image Shanghai native Chang Nianzu and his wife were visiting their local children’s playground with their four-year-old daughter, Chang Yuning, when he took this photograph. “The park is in Xuhui district, near the main football stadium. Shanghai is very colourful and …

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Microsoft IT outage live: recovery from ‘largest outage in history’ may take weeks

The outage, which affected businesses and services around the world, was due to a software update issued to Microsoft Windows Scammers are attempting to use the global CrowdStrike outage on Microsoft Windows systems to steal from small businesses by offering fake fixes, the Australian government has warned. The world has begun to recover from a …

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