International law enforcement agencies have seized a sprawling dark web marketplace popular with cybercriminals, Britain’s National Crime Agency (NCA) said on Wednesday, in a multinational crackdown dubbed “Operation Cookie Monster.” A banner plastered across Genesis Market’s site late on Tuesday said domains belonging to the organisation had been seized by the FBI. Logos of other […]
Reuters
Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal Council said on Wednesday. Under Swiss banking law, the Federal Council can impose bonus-related measures on a systemically important bank if it received state […]
The U.S. Environmental Protection Agency said on Wednesday it is proposing tighter standards for mercury and other toxic emissions from coal plants for the first time in a decade, putting pressure on the country’s dirtiest power plants to clean up. The proposal would lower the emissions limit for filterable particulate matter, which includes mercury and […]
A Portugal-based European consumer protection group has sued short-video app TikTok for allegedly allowing children aged under 13 to sign up for an account without parental consent and failing to implement measures to protect them. The lawsuit came a day after Britain’s data watchdog said it had fined TikTok 12.7 million pounds ($15.81 million) for […]
Global companies that form alliances to help them to tackle climate change need clear “safe harbour” guidelines from governments to allay fears they could be tripped up by antitrust rules, legal experts said. Hundreds of companies have banded together into various groups with pledges to reduce carbon emissions to net zero by mid-century. But there […]
The European Union’s 43 billion euro ($47 billion) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday. The European Commission announced the Chips Act […]
Apple Inc on Wednesday said that more of its supply chain is committing to use renewable energy in producing the company’s iPhones, Macs and other products. Apple said suppliers are supporting 13 gigawatts of active renewable energy projects, up from 10 gigawatts last year. Apple suppliers have made commitments to support an eventual total of […]
Four artificial intelligence experts have expressed concern after their work was cited in an open letter – co-signed by Elon Musk – demanding an urgent pause in research. The letter, dated March 22 and with more than 1,800 signatures by Friday, called for a six-month circuit-breaker in the development of systems “more powerful” than Microsoft-backed […]
Amazon and Microsoft, the two dominant cloud providers, face an antitrust investigation in Britain after the communications regulator said some aspects of the market, including fees to switch supplier, were a cause for concern. Ofcom, which started looking into cloud services last year, said it was particularly worried about the practices of Amazon Web Services […]
Germany’s antitrust regulator has opened the door for measures to curb Apple after deciding that the U.S. tech giant’s market dominance makes it worthy of such measures, the body said in a statement on Wednesday. The Bundeskartellamt regulator has designated Apple a “company of paramount significance for competition across markets”, it said. “The company is […]