Robinhood Financial will pay nearly $70 million to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience. The financial penalty is the largest ever ordered by the Financial Industry Regulatory Authority, a non-governmental organization that […]
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Starlink internet will be provided worldwide, excluding both poles, within the next two months, Starlink and SpaceX chief Elon Musk said during the Mobile World Congress. The Tesla CEO highlighted that Starlink will be able to launch satellites into orbit, while promising to deliver high-speed broadband internet to as many users as possible. Musk broke […]
Microsoft soon releasing its most advanced futuristic technology for users to collaborate in augmented reality. One of the biggest names associated with communicative collaboration in our present time is Microsoft. This has been highlighted in the past year after the emerge of the COVID-19 pandemic and organizations transitioning into a more flexible remote work environment. […]
In a classical plot twisting manner, a newly published report showed that Big Tech giant Apple resorts to using Google’s server farms to store iCloud Data in a partnership that sees the iPhone maker as one of Google’s largest clients. The report, published by The Information, revealed that Apple entrusts its rival Google with user […]
Australian operator Telstra has announced that a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper will become a strategic partner in Telstra InfraCo. Towers after agreeing to acquire a 49 percent interest. The telco was approached by the consortium earlier this year and the deal is expected to be completed early next year. […]
Facebook has officially joined the trillion-dollar company club after yesterday’s stock market close, according to Yahoo Finance. The landmark came following the tech giant’s victory in a court against Federal Trade Commission (FTC) where a federal court rejected two lawsuits from the FTC and a coalition of state, spiking Facebook shares up 4.2 percent. The […]
The U.N. disarmament chief warned Tuesday that digital technologies are lowering barriers to malicious intrusions and opening potential areas for governments, armed groups, terrorists and criminals to carry out attacks, including across international borders. Izumi Nakamitsu told a U.N. Security Council meeting on cybersecurity that there has been “a dramatic increase in the frequency of […]
The U.S. government’s highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems. The move Tuesday by the National Highway Traffic Safety Administration indicates the agency is taking a tougher stance on automated vehicle safety than in the past. It has been reluctant to issue […]
Heads of the EU’s most prolific telecoms operators have taken to the Mobile World Congress on Monday to call for a complete regulatory overhaul of the continent’s network, as their statements labelled the current framework as “century-old.” Industry analysts have previously noted that the current framework in place will not be suited to handle the […]
Popular cryptocurrency exchange company Binance has been baned by the UK’s Financial Conduct Authority (FCA), citing claims that it is not authorized to undertake any regulated activity in Britain, a statement by the watchdog said late last week. Binance is one of the main cryptocurrencies exchanges that provides a platform for trading various cryptocurrencies. Despite […]