Search results for "IT"

Melita first to launch nation-wide 5G network in Malta

Maltese telecommunications company Melita has become the first local operator to launch fifth-generation mobile network services across the entire country. The launch follows a multi-million-euro investment in the Ericsson network. Melita customers who have an Endless Mobile plan, or a new Business 5G mobile plan and a 5G enabled device can now connect to 5G […]

EXPLAINER: Why has the price of Bitcoin been falling?

Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]

China bans financial institutions from the crypto market

China has barred financial companies, institutions, FinTechs, and payment companies from delivering any kind of services in relation to cryptocurrency transactions, while warning potential investor to shy away from crypto dealings. Many analysts and industry experts considered the move to be inevitable – especially following the government’s restrictions on Alibaba’s financial arm, Ant Group – […]

Amazon to extend pause on police use of facial recognition

Amazon said Tuesday that it will extend its ban on police use of its face-recognition technology beyond the one-year pause it announced last year. Amazon and other technology companies have been under pressure from civil rights activists and their own workers to halt the sale of face-recognition systems to law enforcement agencies. One concern is […]

Russia won't block Twitter, but partial slowdown to continue

Russian authorities on Monday backed away from threats to block Twitter, saying that the social media platform deleted most of the banned content identified by Moscow and expressed “readiness and interest in building a constructive dialogue.” Russia’s state communications watchdog Roskomnadzor said it decided not to block Twitter in light of these developments, an announcement […]

Ransomware hits AXA units in Asia, hurts Ireland healthcare

Cybercriminals have hit four Asian subsidiaries of the Paris-based insurance company AXA with a ransomware attack, impacting operations in Thailand, Malaysia, Hong Kong and the Philippines, the insurer said. The criminals claimed to have stolen 3 terabytes of data including medical records and communications with doctors and hospitals. In Ireland, meanwhile, the national healthcare system […]

Tesla to stop accepting Bitcoin for car payments

Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns. “We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said on Twitter. He added that cryptocurrency is a […]

Passing on your password? Streaming services are past it

Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to stop. That’s the new edict from the giants of streaming media, who are hoping to discourage the common practice of sharing account passwords without alienating subscribers who’ve grown accustomed to the hack. Password […]

TikTok joins the Technology Coalition to fight online child abuse

Popular Chinese video-sharing app TikTok announced earlier last week that it has joined the Technology Coalition, an organization that works to protect children from online sexual exploitation and abuse. The social media mammoth joins a setlist of Big Tech names enrolled in the organization such as Adobe, Amazon, Apple Inc., Discord, Dropbox, Google, Microsoft, Facebook […]

EU court: Amazon tax deal with Luxembourg was legal

In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between the Luxembourg government and Amazon amounted to illegal state support. The EU’s executive branch ordered the U.S. online retailer in 2017 to pay around 250 million […]