HONG KONG (AP) — Ant Group, the online payments arm of e-commerce giant Alibaba Group, announced plans Monday for an initial public stock offering that could become the world’s biggest since the coronavirus pandemic began. Ant, valued at $150 billion after a 2018 private fundraising round, gave no indication how much money it hopes to […]
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OAKLAND, Calif. (AP) — Twitter says the hack that compromised the accounts of some of its most high-profile users targeted 130 people. The hackers were able to reset the passwords of 45 of those accounts. The San Francisco-based company said in a blog post Saturday that for up to eight of these accounts the attackers […]
NEW YORK (AP) — Netflix added a flood of new subscribers amid the coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company’s chief content officer, Ted Sarandos, as co-CEO. But it was investor disappointment in the outlook for new subscribers that helped drive […]
By BARBARA ORTUTAY AP Technology Writer OAKLAND, Calif. (AP) — Hackers broke into the Twitter accounts of world leaders, celebrities and tech moguls on Wednesday in one of the most high-profile security breaches in recent years, highlighting a major flaw with the service millions of people have come to rely on as an essential communications […]
LONDON (AP) — The European Union’s top court ruled Thursday that an agreement that allows thousands of companies — from tech giants to small financial firms — to transfer data to the United States is invalid because the American government can snoop on people’s data. The ruling to invalidate Privacy Shield will complicate business for […]
Unidentified hackers broke into the Twitter accounts of technology moguls, politicians, celebrities and major companies Wednesday in an apparent Bitcoin scam. The ruse included bogus tweets from former President Barack Obama, Democratic presidential front-runner Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla […]
SACRAMENTO, Calif. (AP) — The Los Angeles and San Diego school districts, the two largest in California with a combined K-12 student population of about 720,000, announced Monday they won’t bring students back to classrooms next month because of rising coronavirus hospitalizations and infection rates. School leaders said there is too much uncertainty surrounding the […]
LONDON (AP) — Britain on Tuesday backtracked on plans to give Chinese telecommunications company Huawei a role in the U.K.’s new high-speed mobile phone network amid security concerns fueled by rising tensions between Beijing and Western powers. Britain said it decided to prohibit Huawei from working on the so-called 5G system after U.S. sanctions made […]
LONDON (AP) — Britain’s government on Tuesday backtracked on plans to give Chinese telecommunications company Huawei a limited role in the U.K.’s new high-speed mobile phone network in a decision with broad implications for relations between London and Beijing. Britain imposed the ban after the U.S. threatened to sever an intelligence-sharing arrangement because of concerns […]
NEW DELHI (AP) — U.S. tech giant Google is investing in a $10 billion fund to help accelerate India’s transition to a digital economy in the next five to seven years. Sundar Pichai, CEO of Alphabet Inc‘s Google, said Monday that the project will focus on building products that are relevant to India’s needs and […]