Chinese parent of TikTok says some staff improperly accessed TikTok user data of two journalists and have been let go
TECHNOLOGY POWERING BUSINESS
2022
Twitter’s Public Policy Boss Departs, Amid Ongoing Layoffs
More concern for US and European regulators as Twitter's head of public policy departs amid additional layoffs at the platform
FTX’s Sam Bankman-Fried Released On $250m Bail, To His Parents
Sam Bankman-Fried has been freed on $250m, but must remain under strict supervision at parents’ California home
Gamers Sue Microsoft To Halt Activision Purchase
Software giant Microsoft faces fresh legal action in US courts to halt its $69bn acquisition of Activision Blizzard
Tesla Driver Blames ‘Malfunctioning’ Self-driving Software After Crash
Driver claims his Tesla's Full-Self Driving (FSD) self-driving software malfunctioned after a crash that caused multiple injuries
Two Bankman-Fried Associates Plead Guilty To Fraud
FTX founder Sam Bankman-Fried arrives in America and is expected in court, as two former associates plead guilty to fraud charges
Hundreds Of Former Twitter Staff File Complaints
Twitter this week is being accused by 100 former staff members of a variety of legal violations including targeting women for layoffs
EU Begins ‘In-Depth Investigation’ Into $61bn Broadcom-VMware Buy
European Commission follows the UK's CMA and opens “an in-depth investigation” into Broadcom’s acquisition of VMware
Guardian Newspaper Suffers Ransomware Attack
British newspaper, the Guardian, reveals that it has suffered a “serious IT incident” believed to be a ransomware attack
Tesla Staff Face New Layoffs – Report
Electric car giant Tesla will reportedly undertake another round of job layoffs in the next quarter, and freeze all hiring
EU Legislation Targets Battery Replacement By Users
European Union reaches provisional agreement that will require that portable devices to have user-replaceable batteries
Bitcoin Miner Core Scientific Files For Chapter 11
One of the largest publicly traded crypto mining companies in the US, Core Scientific, is filing for Chapter 11 bankruptcy protection
Elon Musk To Quit As Twitter CEO, Seeks ‘Foolish Enough’ Replacement
Search for new CEO of Twitter begins, but Elon Musk confirms he will remain in charge of software and server teams
Apple Updates AirTag Firmware Amid Stalking Lawsuits
Tech giant Apple opens up about a number of firmware updates for AirTags that continue to restrict the device's principle purpose
Fornite’s Epic Games To Pay $520m In FTC Settlement
Epic Games agrees record-breaking $520m fine with FTC, to settle allegations it misled millions of young Fornite players
FTX Looks For Return Of Millions In Donations
Bankrupt crypto exchange FTX says it will use legal means if necessary to recover tens of millions in political donations
Amazon Seals Antitrust Deal With EU Regulator
European Commission accepts Amazon commitments to avoid fine in two antitrust cases, as new laws due to come into force
John Carmack Quits As Meta Defends Massive VR Investments
Gaming industry legend John Carmack quits Meta as company's chief technology officer defends billions spent on VR and 'metaverse'
Musk Restricts Policy Poll Voting To Paid Twitter Blue Users
Elon Musk says only paid Twitter Blue subscribers will be able to vote in future polls on policy, after users vote for him to step down as chief
Zuckerberg ‘Removed Speech Reference To Cambridge Analytica’
Meta chief Mark Zuckerberg removed reference to Cambridge Analytica from speech six months before scandal came to light, report finds
Xiaomi Cuts Staff Amid China Economic Slowdown
Smartphone maker Xiaomi cuts handset and internet services jobs amidst sales slump, as China begins dismantling zero-Covid controls
More US States Ban TikTok As Federal Vote Looms
Louisiana, West Virginia latest to ban TikTok on government devices as US Congress prepares federal-level vote this week
Binance.US To Acquire Assets Of Voyager Digital For $1bn
Binance US subsidiary to pay $1bn for assets of bankrupt crypto exchange Voyager Digital as crypto turmoil continues
EU Advances Probe Into Meta’s Facebook Marketplace
EU files formal complaint with Meta over Facebook Marketplace in first time it has investigated company on antitrust grounds
FTX’s Bankman-Fried ‘Set To Agree To Extradition’
FTX's Sam Bankman-Fried set to appear in Bahamas court Monday to drop extradition fight amidst charges of massive fraud, money laundering
Top City Law Firm Loses Funds In FTX Crash
'Silver Circle' law firm Herbert Smith Freehills loses $120,000 in FTX failure as disgraced Bankman-Fried charged with fraud
Apple iPhone Production ‘Shifting To India, Vietnam’
Key Apple supplier Foxconn accelerates production shift to India, Vietnam, Brazil amidst supply chain disruption in China
Trump Digital Trading Cards Quickly Sell Out
Digital trading cards offered as NFTs by former US president Donald Trump sell out in less than a day, with price more than doubling
Twitter Users Vote For Musk To Step Down
Elon Musk polls Twitter users over whether he should step down as chief executive, amidst controversy and plummeting Tesla shares
Tech Trends in 2023
As the new year fast approaches, what tech trends should your business pay close attention to? How will the tech landscape change? And how must your enterprise evolve to meet the challenges 2023 will deliver?