Four years later, and Washington DC Attorney General decides to sue Mark Zuckerberg personally over Cambridge Analytica scandal
TECHNOLOGY POWERING BUSINESS
News Marketing
Global Digital Tax Law Not Ready Until 2024, Says OECD
Corporation tax delay. Rollout of 15 percent tax agreement for big name corporations only likely in 2024, says head of OECD
BNP Paribas Joins JP Morgan Blockchain Trading Network
French bank BNP Paribas becomes first European bank to join JP Morgan's blockchain-based Onyx Digital Assets platform for repurchase trading
Snap Earnings Warning Triggers Tech Sell-Off
Investors spooked after Snap warns of deteriorating economic conditions, says earnings now 'below the low end' of previous expectations
Airbnb To Pull Out Of China Amidst ‘Pandemic Challenges’
Airbnb to pull out of China as ongoing zero-Covid policy places severe restrictions on domestic and international travel, focus on Chinese outbound business
Crypto Investor Arrested After Visiting Home Of TerraUSD Founder
South Korean crypto investor under police investigation after visiting home of Do Kwon, creator of failed TerraUSD cryptocurrency, to ask for apology
New York Comptroller Calls For Votes Against Twitter, Meta Directors
New York State Comptroller reportedly calls for votes against Twitter, Meta directors over failure to remove violent content after Buffalo mass shooting
Davos Forum Sees Major Influx Of Crypto Firms
Cryptocurrency and blockchain firms are major presence at this year's physical Davos economic summit, in spite of recent drop in crypto values
WhatsApp Adds Customised Business Chats
Facebook parent Meta begins offering cloud-based WhatsApp chat integration for businesses, as it looks for new revenue opportunities
Twitter To Hide Tweets That Share False Information During A Crisis
Potentially risking Elon's wrath over free speech, Twitter says it will hide tweets spreading misinformation during a crisis
Texas Social Media Law Battle Heads To Supreme Court
Battle between Texas and social networking giants reaches US Supreme Court, and it could decide future of online content moderation decisions
Twitter Sees Three More Executive Departures
Three executives apparently jump ship. More high level departures at Twitter, ahead of Elon Musk's takeover battle for the platform
Google’s Russian Unit To File For Bankruptcy – Update
Google subsidiary in Russia has its local bank account seized by authorities, and responds by announcing intention to file for bankruptcy
Twitter Board To ‘Enforce’ Elon Musk Merger Agreement
Legal action ahead? Elon Musk's takeover agreement of Twitter will be enforced says board of directors, as deal remains 'on hold'
Russia ‘Not Planning To Block YouTube’ Says Minister
Digital minister says Russia not planning to block YouTube in the country as Russian users would suffer, amidst mounting tensions with West
Twitter Fights Back Over Musk Bot Allegations
Twitter chief executive Parag Agrawal defends company's estimates of fake accounts as Elon Musk says renegotiating deal not 'out of the question'
UK Web Users’ Data ‘Shared 987 Times Per Day’
New study from Irish Council for Civil Liberties finds average European user's data shared 376 times per day, rising to 747 times for US-based users
Crypto Executive Says Bitcoin Has ‘No Future’ As Payments Network
Billionaire Sam Bankman-Fried, founder of the digital asset exchange FTX, says Bitcoin tech cannot scale to meet demands of true payments network
TerraUSD Organisers ‘Spent $2bn’ In Bitcoin To Maintain Value
Organisers behind failed TerraUSD stablecoin say they spent more than $2bn in Bitcoin last week in vain attempt to keep virtual currency from crashing
Bitcoin Slide Continues As Regulators Weigh In
Bitcoin and other cryptocurrencies continue to slide after spectacular collapse last week of 'stablecoin' TerraUSD and broader market jitters
Musk Criticises Twitter Feed Algorithm, Checks For Bots
After suspending his $44bn deal to buy Twitter Elon Musk criticises company's algorithmically defined Home feed, saying it 'manipulates' users
Texas Social Media Law Restored By US Appeals Court
Social networking firms can be sued by Texas officials or local residents over moderation decisions, after Appeals Court restores local law
Elon Musk Puts Twitter Takeover On Hold
Twitter's share price falls 18 percent after Elon Musk places his takeover on hold, until more data is provided about fake accounts on the platform
Cryptocurrency Crash Continues As Ethereum, Luna Plummet
After Bitcoin suffers major crash this week, Ethereum, Luna, terraUSD and other cryptocurrencies plunge, wiping $200 billion off entire market
Elon Musk To Reverse ‘Stupid’ Twitter Ban Of Donald Trump
Former President Donald Trump could be returning to Twitter, after Elon Musk says he would reverse 'morally wrong' Twitter ban
Meta Criticises ‘Clearly Flawed’ German Decision In Court
Facebook owner Meta Platforms tells European Court of Justice German antitrust regulator overstepped boundaries by making data law assesment
Funding Round Values Cryptocurrency Exchange KuCoin At $10bn
New $150m funding round values Seychelles-based cryptocurrency exchange KuCoin at $10bn amidst soaring investment in 'web3' ventures
Former Meta Content Moderator Sues Company In Kenya
Former content moderator for Facebook owner Meta in Kenya files lawsuit against company and subcontractor, alleging illegal working conditions
Musk Lays Out Twitter Plans In Leaked Document
Elon Musk lays out plans for Twitter in leaked presentation for potential investors, including revenue and subscriber growth, and mysterious product 'X'
Bitcoin Falls 50 Percent From November High
Bitcoin, other cryptocurrencies slump amidst broader stock market sell-off amidst central bank interest rate hike and economic uncertainty