European Commission accepts Amazon commitments to avoid fine in two antitrust cases, as new laws due to come into force
TECHNOLOGY POWERING BUSINESS
News Marketing
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
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
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
Twitter Suspends Journalists Over Elon Musk Jet Tracking Articles
Twitter accounts of a number of high profile journalists have been suspended after covering the Elon Musk jet tracking story
Meta Halts Construction Of Two Data Centres In Denmark
Meta axes construction of two additional data centres in Europe, as Facebook continues cost cutting measures
Binance Founder Reassures After $1 Billion Withdrawn In A Day
Founder Changpeng Zhao admits “stress test” after more than a billion dollars is pulled out of Binance in a single day
Twitter Suspends Account That Tracked Elon Musk’s Jet
U-turn by Elon Musk who said he would not ban jet tracking account, but has now suspended the account and threatened legal action
FTX’s Sam Bankman-Fried Denied Bail, Fights US Extradition
Founder and former CEO of failed crypto exchange FTX appears in court as he faces US charges of defrauding investors
Jack Dorsey Admits Twitter Still Has Problems
Cooling bromance? Twitter co-founder and former CEO admits mistakes were made at Twitter, and says platform still has problems
Alabama, Utah Latest US States To Ban TikTok
More US (Republican) states ban TikTok on state devices and computers, following earlier Taiwanese national security ban
US SEC Charges FTX Sam Bankman-Fried With Fraud
Sam Bankman-Fried is accused by US authorities of defrauding investors after regulators called FTX “a house of cards”
Twitter Disbands Trust and Safety Council, As Former Executive Threatened
Twitter dissolves its Trust and Safety Council, as former head of Trust & Safety flees home after threats of violence
FTX Founder Sam Bankman-Fried Arrested In Bahamas
Former CEO and founder of collapsed crypto exchange FTX is arrested after the United States files charges against him
TerraUSD’s Do Kwon In Serbia, South Korea Says
South Korean authorities say Do Kwon, co-founder of failed TerraUSD cryptocurrency, has fled arrest warrant and is in Serbia
Former Wirecard CEO Dismisses ‘Absurd’ Allegations
Defence for former Wirecard CEO Markus Braun begins in Germany, with his lawyer lambasting prosecution charges
Twitter Blue Apple Users To Pay Premium Price
Elon Musk and Twitter to relaunch revamped version of its subscription service Twitter Blue on Monday, but Apple users will pay more
Trial For Wirecard Executives Begins In Germany
Trial of former CEO and other managers begins in Germany, following spectacular collapse of Munich fintech Wirecard in 2020
Amazon, EU Reach Antitrust Deal – Report
Settlement reportedly reached between Amazon and European Commission over alleged anti-competitive practices
HM Treasury Finalising Crypto Industry Rules – Report
UK's Treasury is reportedly finalising sweeping new powers for Financial Conduct Authority to properly regulate the cryptocurrency industry
Meta Warns It May Remove US News Content
Facebook owner warns American Congress it may remove US news from its platform if it passes “ill-considered journalism bill”
Apple, Amazon ‘Resume’ Twitter Advertising
Apple has 'fully resumed' advertising on Twitter, according to Elon Musk, while Amazon reported to be boosting ad campaigns after lull
New Zealand To Force Meta, Google To Pay For News
New Zealand law would require Meta, Google and others to pay for news they carry, after similar rules in Australia and Canada