Just around one month ago, Tesla stopped accepting Bitcoin as payment for vehicles citing precisely environmental concerns as the main reason. The reason for this is that Bitcoin, and in fact, most cryptocurrencies, use an energy exhaustive method to mine and complete transaction. The creation of new Bitcoins, or mining, is essentially rewarding the user, […]
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Google will delay by nearly two years the phase out of Chrome web browser technology that tracks users for ad purposes, saying that it needs more time to develop a replacement system. The tech giant on Thursday moved its deadline to remove so-called third-party cookies to late 2023 rather than January 2022 as was initially […]
It comes as no surprise that data is everything nowadays. With the world’s shift towards cloud-based technology, artificial intelligence (AI) and machine learning (ML), and the general trajectory of digital-first solutions for business and IoT-enabled smart cities, the need for speedy and sustainable data flow is paramount. As we know, data must be physically stored […]
Digital media company BuzzFeed is setting its sights on growth. It plans to become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose acquisition company. BuzzFeed hopes the move will put it in a better position to capture lucrative digital ad dollars against much bigger rivals […]
A Dutch consumer group is launching a 1.5 billion euro ($1.8 billion) claim against TikTok over what it alleges is unlawful harvesting of personal data from users of the popular video sharing platform. The Consumentenbond and a foundation called Take Back Your Privacy demanded Thursday that TikTok pay damages to 1.2 million to 1.6 million […]
After months of frustration and delay, Japan has hit the remarkable benchmark of 1 million vaccines a day. But with the Olympics set to start in less than a month, and only a small portion of the country vaccinated, a question lingers: Is it enough? The vaccination pace is quickening even as the young remain […]
Steven Spielberg, a filmmaker synonymous with big-screen enchantment, has set a new deal with Netflix in which his production company, Amblin Partners, will make multiple feature films per year for the streaming giant. The partnership, one long courted by Ted Sarandos, Netflix chief content officer, is a major get for the company that, amid increasing […]
Opera web browser has halted support of its VPN services in Russia late last week, after the country’s telecoms and media regulator Roskomnadzor (RKN) passed new restrictions that hinder its operations. “In accordance with the regulation on responding to threats to circumvent restrictions on access to child pornography, suicidal, pro-narcotic and other prohibited content, restrictions […]
Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties. Biden last week elevated a fierce critic of Big Tech, antitrust legal scholar Lina Khan, to […]
When U.S. law enforcement officials need to cast a wide net for information, they’re increasingly turning to the vast digital ponds of personal data created by Big Tech companies via the devices and online services that have hooked billions of people around the world. Data compiled by four of the biggest tech companies shows that […]