News

Microsoft: China-based hackers found bug to target US firms

China-based government hackers have exploited a bug in Microsoft’s email server software to target U.S. organizations, the company said Tuesday. Microsoft said that a “highly skilled and sophisticated” state-sponsored group operating from China has been trying to steal information from a number of American targets, including universities, defense contractors, law firms and infectious-disease researchers. Microsoft […]

Biden's pick for SEC flags trading app gimmicks for scrutiny

President Joe Biden’s choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade more. Gary Gensler, who was a chair of the Commodity Futures Trading Commission during the Obama administration, […]

New WTO chief pushes for vaccine access, fisheries deal

The new head of the World Trade Organization called Monday for a “technology transfer” when it comes to COVID-19 vaccines and urged member nations to reach a deal to reduce overfishing after years of fruitless talks as she laid out her top priorities after taking office. Director-General Ngozi Okonjo-Iweala, a Nigerian economist and former government […]

Online review platform Trustpilot chooses London for IPO

Online review platform Trustpilot said Monday it plans to sell shares in London, in a stock offering that helps shore up the city’s status as a financial hub and destination for tech companies after Brexit. Trustpilot, which is based in Copenhagen, Denmark, said it will hold an initial public offering on the London Stock Exchange […]

Senate vetting Biden's choice for SEC head amid stock drama

President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gary Gensler, a chairman of the Commodity Futures Trading Commission during the Obama administration, has experience as […]

Huawei daughter back in Canada court in US extradition case

Lawyers for a senior executive for Chinese communications giant Huawei Technologies were in court Monday arguing evidence should be introduced which would undermine the case to have their client extradited to the U.S. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder and the company’s chief financial officer, at Vancouver’s airport in late 2018. The […]

AI panel urges US to boost tech skills amid China's rise

An artificial intelligence commission led by former Google CEO Eric Schmidt is urging the U.S. to boost its AI skills to counter China, including by pursuing “AI-enabled” weapons – something that Google itself has shied away from on ethical grounds. Schmidt and current executives from Google, Microsoft, Oracle and Amazon are among the 15 members […]

Milan designers hit reset button during digital fashion week

Fashion is off the hamster wheel, taking a deep breath that is allowing some freshness to seep into the once relentless cycle. “It is so weird thinking about fashion, and the kind of hamster wheel of fashion, and how we never had a break and always complained about it,’’ Marc Jacobs said during a Milan […]

Zoom posts big quarter even as subscriber growth slows

Zoom’s astronomical growth is tapering off along with the pandemic, raising questions about whether the videoconferencing service’s immense popularity will fade as more people return to classrooms, offices and other places that have been off limits for the past year. The deceleration emerged in an otherwise impressive quarterly earnings report released Monday. The stellar results […]

Some GOP state lawmakers help spread COVID-19 misinformation

Many Republican lawmakers have criticized governors’ emergency restrictions since the start of the coronavirus outbreak. Now that most legislatures are back in session, a new type of pushback is taking root: misinformation. In their own comments or by inviting skeptics to testify at legislative hearings, some GOP state lawmakers are using their platform to promote […]