The cryptocurrency market gets likened to the Wild West by critics, and now a key player is asking for sheriffs to come to town. Binance, the world’s largest exchange for trading Bitcoin and other cryptocurrencies, says it’s time for global regulators to establish rules for crypto markets. It released a list of “10 fundamental rights […]
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As the biggest cryptocurrencies flirt with record high values, they’re increasingly becoming bigger sources of revenue for charities. However, the number of charities accepting the virtual currencies, known for their volatility, remains limited. Bitcoin, the world’s largest cryptocurrency, hit nearly $69,000 for the first time in its history last week, roaring back after sinking below […]
Misinformation is jeopardizing efforts to solve some of humanity’s greatest challenges, be it climate change, COVID-19 or political polarization, according to a new report from the Aspen Institute that’s backed by prominent voices in media and cybersecurity. Recommendations in the 80-page analysis, published Monday, call for new regulations on social media platforms; stronger, more consistent […]
A group of U.S. states filed Friday in a New York federal court an amended lawsuit against Google advertising monopoly with allegations of breaking antitrust laws by adopting strongarm strategies to empower its ads business. Alphabet’s unit has been under fire for its affiliated methodologies to heighten its supremacy in the advertising market, with regulatory […]
President Joe Biden signed on Monday a $1 trillion infrastructure bill to reconstruct the country’s foundation from roads, electricity and expanding access to broadband internet. The President’s latest legislation will be the heftiest federal funding for infrastructural framework in more than a decade. The program incorporates a $65 million funding to enhance broadband accessibility to […]
Google announced Tuesday plans to invest $750 million in Australia’s tech future in the upcoming five years, ten months after threats of pulling the search engine out of the country. This year has put the Big Tech giant’s affiliation with the Australian government under the spotlight, as Google threatened to extract its search engine from […]
Amazon has agreed to pay $500,000 and be monitored by California officials to ensure it properly notifies its workers about new coronavirus cases, the state’s attorney general said Monday. Amazon employs about 150,000 people in California, most of them at 100 “fulfillment centers” — sprawling warehouses where orders are packed and shipped. The agreement, which […]
Ohio’s largest public employee pension fund has sued Facebook — now known as Meta — alleging that it broke federal securities law by purposely misleading the public about the negative effects of its social platforms and the algorithms that run them. The lawsuit by the Ohio Public Employees Retirement System specifically claims that Facebook buried […]
Take a step back from the picked-over store shelves, the stalled container ships and the empty auto showrooms, and you’ll find a root cause of the shortages of just about everything. Even as the pandemic has dragged on, U.S. households flush with cash from stimulus checks, booming stock markets and enlarged home equity have felt […]
Cybersecurity spam alerts reached Friday and Saturday the Federal Bureau of Investigation’s (FBI) external email servers by unleashing a wave of fake emails addressing a misleading cyberattack warnings to thousands of people and companies. In a statement, the FBI revealed that the spam alerts emitted from its Law Enforcement Enterprise Portal (LEEP) system, utilized for […]