The developer of the conservative social network Parler is alleging he was defamed and improperly ousted by a prominent Republican Party benefactor, two men who replaced him at the company and a political commentator known for his support for former President Donald Trump. John Matze said in a lawsuit he was fired for trying to […]
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Federal Reserve Chair Jerome Powell said Monday that the U.S. public needs to understand the risks behind Bitcoin and other cryptocurrencies, even as the central bank itself is studying the potential costs and benefits of a digital dollar. Powell said the Fed prefers to call crypto coins “crypto assets,” because their volatility undermines their ability […]
A tool designed to help businesses protect themselves from further compromises after a global hack of Microsoft email server software has been downloaded more than 25,000 times since it was released last week, the White House’s National Security Council said Monday. As a result, the number of vulnerable systems has fallen by 45%, according to […]
TikTok parent company ByteDance announced on Monday that its video games arm, Nuverse, has acquired China-based Mooton Technology, as the company looks to further expand within the gaming industry, Reuters reported. ByteDance’s desire to bolster its position within the video gaming industry, places it directly in competition with China’s largest social media and gaming company […]
AstraZeneca’s COVID-19 vaccine provided strong protection against sickness and eliminated hospitalizations and deaths from the disease across all age groups in a late-stage study in the United States, the company announced Monday. AstraZeneca said its experts did not identify any safety concerns related to the vaccine, including finding no increased risk of rare blood clots […]
Apple Inc. has been slapped with a $308.5 million penalty to be paid to Personalized Media Communications (PMC) following a decision by a federal judge in Texas that found the company infringing a tech patent related to data rights management. The patent in question primarily dealt with a “method of decrypting programming at a receiver […]
The cyberattack crested just as finance officials from across Latin America were descending on Washington to commemorate the 60th anniversary of the Inter-American Development Bank. On Sept. 24, 2019, requests from more than 15,000 internet addresses throughout China flooded the bank’s website, knocking part of it intermittently offline. To unclog the network, the bank took […]
China on Friday put on trial one of two Canadians held for more than two years in apparent retaliation for Canada’s arrest of a senior Chinese telecom executive. Canada said its consular officials were refused permission to attend the proceedings against Michael Spavor, who is accused by China of stealing state secrets. Jim Nickel, the […]
The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be the first Asian American and first woman of color to hold the position. Tai is considered a problem-solving pragmatist, and her nomination by President Joe Biden to be U.S. trade representative drew support […]
On Feb. 4, Tim Wu, prominent, progressive attorney, sent his last tweet as a private citizen; the next day, the White House announced its decision to place Wu in the National Economic Council (NEC), one of two key advisory boards to President Joe Biden. While Wu has been on board over a month, none of […]