Search results for "IT"

Facebook bans German accounts under new 'social harm' policy

Facebook removed almost 150 accounts and pages linked to anti-lockdown demonstrators in Germany, the company announced Thursday, under a new policy focused on groups that spread misinformation or incite violence but who don’t fit into the platform’s existing categories of bad actors. The accounts on Facebook and Instagram spread content linked to the so-called Querdenken […]

SEC fines App Annie $10 million for data misuse

The U.S. Security and Exchange Commission (SEC) publicized that mobile data and analytics firm App Annie agreed to settle on a $10 million fine for security fraud charges due to the firm’s “material misrepresentations” to its userbase and investment firms over collecting and pawning data. Founded in 2010, App Annie is deemed as one of […]

Insider NFT trading scheme on OpenSea platform

Famous Non-Fungible Tokens (NFT) crypto marketplace OpenSea reported on Wednesday that one of its leading executives has been exploiting the platform’s insider information to cannily market digital collectibles from his wallet.  OpenSea disclosed that one of its employees was indulging in a trading scheme conducted by utilizing private crypto wallets to buy and sell NFT collectibles on its site and revealed that […]

HBO pulls out from Amazon Prime Channels

HBO subscribers via Amazon Prime Channels will no longer be able to stream their favorite movies and TV shows. Earlier this month, Amazon told users who signed up for HBO that their $15/month plans would be terminated on September 15th, while refunds will be issued later on. In the past, an agreement has been arranged […]

Ethiopia’s RFP kicks off partial privatization of Ethio Telecom

Ethiopian authorities announced on Tuesday a bidding proposal for partial privatization of state-owned Ethio Telecom, inviting private investors to acquire a 40 percent stake in its lead telecom service provider. The country’s Ministry of Finance led the bidding process by delivering a request for proposal (RFP) for the partial privatization. The move is designed to […]

Man gets over 7 years in prison in cryptocurrency scam

Man who pleaded guilty to securities fraud for cheating investors in his cryptocurrency fund of over $50 million was sentenced to over seven years in prison Wednesday by a judge who questioned the sincerity of his apology. U.S. District Judge Valerie E. Caproni in Manhattan imposed the 7 1/2-year sentence Wednesday on Stefan He Qin, […]

China’s cloud market next in line for regulatory scrutiny

In its latest regulatory maneuver, China proceeds to aim its regulatory glaze at its Big Tech giants by demanding to end a long-established practice of prohibiting each other’s connection on their sites, a move that could result in catastrophic consequences on its domestic market and China-based companies’ stakes. Beijing’s move raised the distress level amongst […]

Indian Cabinet approves telecom relief package

India’s Union Cabinet approved on Wednesday a profusion of the eagerly anticipated relief package aiming to support the country’s distressed telecom sector by providing the option of converting interest on spectrum dues into government equity. Prime Minister Narendra Modi’s Union Cabinet confirmed nine structural reforms and five process reforms leading to a transformation of India’s […]

Research into Microsoft employees takes jab at remote work

A study conducted on Microsoft employees in the U.S. found that the company’s unprecedented transformation to remote work resulted in a decline in communication and collaboration levels between internal departments, risking employee productivity and long-term innovation. The findings are a result of a peer-reviewed study consisting of over 61,000 Microsoft employees, published on Thursday by […]

Apple launches new iPhones while new Macs are nowhere to be found

Apple’s big launch event yesterday was full of new announcements, ranging from the iPhone 13 models to the anticipated Apple Watch Series 7. However, as new iPhones took over the spotlight, other standbys had to be booted out. The iPhone 12 Pro and 12 Pro Max will no longer be available for purchase in Apple’s […]