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IBM commits $5bn to Project Lightwell open source security initiative
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Elon Musk tweet ‘undermines’ claims by SpaceX in IPO prospectus
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OpenAI shares frontier cyber model with Japan's largest banks
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‘The Gentlemen’ becomes fastest-growing ransomware as industrial sector hit hard
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EU plans push for ‘tech sovereignty’ to cut reliance on US big tech
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King’s College gains access to Google’s Willow quantum processor
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Strava has seen a 33 per cent increase in activities compared to last year. The social platform for athletes, which has 73 million worldwide users, said that the coronavirus pandemic has driven a “boom in global exercise” this year.
16/12/2020
The UK will establish its first commercial corridor in Reading next year. BT, along with Altitude Angel, and several UK tech start-ups has been chosen by UK Research and Innovation to deliver ‘Project XCelerate,’ a key Future Flight Challenge project.
16/12/2020
The EU has revealed plans for new rules that could see BigTech companies face fines of up to 10 per cent of turnover if not complied with. Companies that recurringly break the rules will be obliged to take structural measures, potentially leading to divestiture of certain businesses where no alternative measure is available to ensure compliance.
16/12/2020
Twitter has chosen Amazon Web Services (AWS) to provide global cloud infrastructure for delivery of its timelines. As part of a multi-year deal, the social media platform will use Amazon’s cloud service to support the delivery of millions of daily tweets.
16/12/2020
More than 60 per cent of jobs furloughed in the first half of 2020 were in sectors at high risk of automation, a new study has found. The final report of the two-year Commission on Workers and Technology revealed that the COVID-19 crisis is accelerating the take-up of job-replacing technologies, especially among low-skilled workers.
15/12/2020
The UK government will today launch its highly anticipated online harms legislation to protect internet users. It’s been reported that social media companies could be fined up to £18 million for failing to protect users as part of the new rules.
15/12/2020
Amazon’s Zoox has publicly unveiled its autonomous ride-hailing robotaxi. In June, Amazon signed an agreement to acquire Zoox, with chief executive Aicha Evans and chief technology officer Jesse Levinson staying on to lead the company as a standalone business.
14/12/2020
Charity Privacy International has expressed concerns about the launch of facial recognition across 18 Co-operative stores. Southern Co-operative, which has more than 200 Co-operative stores in the south of England, said that the technology had been deployed in response to an 80 per cent increase in assaults and violence towards staff this year.
14/12/2020
US treasury emails have been hacked by cyber criminals believed to be working for the Russian state, Reuters has reported. According to Reuters, sources familiar with the matter said the cyber-attack was so serious that it led to a National Security Council meeting at the weekend.
14/12/2020
Electronic Arts (EA) has announced it will buy British game developer Codemasters for $1.2 billion. The US video game company expects the deal to complete in the first quarter of next year.
14/12/2020
The Competition and Markets Authority (CMA) has agreed to fast-track its investigation into the proposed Virgin and O2 merger. The decision came after a request by Virgin and O2 for the CMA to move quickly to the in-depth Phase 2 stage of the investigation.
11/12/2020
The American Federal Trade Commission (FTC) has sued Facebook, alleging that the company is illegally maintaining a social networking monopoly through a “years-long course of anticompetitive conduct.” The action follows a lengthy investigation by the FTC in cooperation with a coalition of attorneys and alleges that Facebook has engaged in a systematic strategy, including its 2012 acquisition of Instagram, its 2014 acquisition of WhatsApp, and the imposition of anticompetitive conditions on software developers to eliminate threats to its monopoly.
11/12/2020
Both Visa and Mastercard have announced they have banned the use of their cards on Pornhub. The decision came after an investigation found the existence of unlawful content on the porn website.
11/12/2020
Many were prepared for a cyber onslaught, while ill-equipped businesses fell victim when the COVID-19 hit. Alexandra Leonards explores how the pandemic drove cyber-crime and looks at the UK response to the rise in online attacks. The disruption of an atmosphere of crisis and an influx of workers into home offices has created an online haven for cyber criminals.
10/12/2020
Unused software licenses cost European public service organisations an average of £2.4 million a year, research by Insight has revealed. According to the global tech business, the inability for businesses to optimise IT costs has meant they have had to find savings elsewhere.
10/12/2020