New child safety laws sees Ofcom calling on tech firms to “tame toxic algorithms” to protect children online
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Jack Dorsey Resigns From Bluesky Board, Calls X ‘Freedom Technology’
Another u-turn? Former Twitter boss Jack Dorsey suddenly quits Bluesky's board of directors, and calls X 'freedom technology'
FTX To Repay Creditors In Full, $11 Billion
Good news for creditors. CEO John Ray III says bankrupt crypto exchange FTX will be able to fully repay creditors $11bn
EU Requests Content Moderation Data From X
Using the Digital Services Act, European Commission asks X (formerly Twitter) for details over reduction in content moderation resources
TikTok Sues To Halt US Divest Or Ban Law
US government sued by TikTok in bid to block law that will force sale of the short video app or ban it in America
Grayscale Bitcoin Shares Surge On First Inflow Since January
Dominant Bitcoin ETF Grayscale Bitcoin Trust shows first net inflow since January as investors flock to new crypto investment vehicles
US Crypto Campaign Funding Groups Raise $102m
US campaign funding groups backed by cryptocurrency sector raise more than $102m as firms seek to roll back regulations
Robinhood Served With SEC Crypto Enforcement Notice
Robinhood Markets says it received SEC enforcement notice over cryptocurrency trading platform amidst ongoing crackdown
Lawyers Say Strict Child Controls In China Show TikTok Could Do Better
Lawyers in US social media addiction action say strict controls on Douyin in China show TikTok could do better at protecting children
TikTok Viewed As Chinese Influence Tool By Most Americans – Poll
Most people in the United States view TikTok as a Chinese influence tool a poll reveals, so why do so many Americans use it?
Ofcom Confirms OnlyFans Investigation Over Age Verification
UK regulator confirms it is investigating whether OnlyFans is doing enough to prevent children accessing pornography
Binance’s Changpeng Zhao Sentenced To Four Months In Prison
US judge sentences Binance founder, Changpeng Zhao, to four months in prison for ignoring money laundering on his platform
Alphabet Value Surges Over $2tn On Dividend Plan
Google parent Alphabet sees market capitalisation surge over $2tn on plan to over first-ever cash dividend, revenue growth
Google Asks US Court To Dismiss Federal Adtech Case
Google asks Virginia federal court to dismiss case brought by US Justice Department and eight states over adtech dominance
Snap Sees Surge In Users, Ad Revenues
Snapchat parent Snap reports user growth, revenues in spite of tough competition, in what may be sign of stronger advertising market
Shein Subject To Most Stringent EU Digital Rules
Quick-growing fast-fashion company Shein must comply with most stringent level of EU digital rules after it passes key threshold
Email Provider Complains To EU Over Reduced Google Rankings
Germany's Tuta Mail says Google broke EU's new DMA rules with March algorithm update that caused site visits to drop 90 percent
ByteDance Would Rather Shutter TikTok US, Than Sell – Report
TikTok's 'secret source' algorithm is so core to ByteDance, it would rather shut down US operation, multiple sources have indicated
Meta Declines On Heavy AI Spending Plans, Despite Strong Q1
Share price hit after Meta admits heavy AI spending plans, after posting strong first quarter financial results
Google Delays Removal Of Third-Party Cookies, Again
For third time Google delays phase-out of third-party Chrome cookies after pushback from industry and British regulator
President Biden Signs TikTok Ban Or Divest Bill Into Law
TikTok pledges to challenge 'unconstitutional' US ban in the courts, after President Joe Biden signs ban or divest bill into law
Australian PM Hits Out At Elon Musk Over Knife Attack Video
Censorship row brewing down under, after the Australian Prime Minister calls Elon Musk an 'arrogant billionaire'
US SEC Seeks $5.3 Billion Fine From Terra’s Do Kwon
Financial regulator asks New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon in civil fraud case
US Senate Passes TikTok Ban Or Divestment Bill
ByteDance protest falls on deaf ears, as Senate passes TikTok ban or divest bill, with President Biden expected to sign it
UK Lawsuit Claims Grindr Shared HIV Status
Dating app Grindr sued over claims it shared sensitive user data, including HIV status, with third parties for advertising purposes
EU Prepares Action Against ‘Addictive’ TikTok Lite Features
European Commission may ban rewards feature in recently launched TikTok Lite that it calls 'toxic and addictive'
TikTok Says New US Ban Effort Would ‘Trample Free Speech’
US House of Representatives passes new bill combining TikTok measures with foreign aid, may face speedy Senate approval
Trump Media Warns Of ‘Potential Market Manipulation’
Shares in Trump social media platform owner rise after chief executive warns of 'naked' short sellers trying to manipulate stock price
EU Set To Approve Apple Plan For Opening NFC Access
European Commission reportedly set to approve Apple proposal for providing rivals access to iPhone, iPad contactless tech
Netflix Reports Profits Surge, But Forecast Disappoints
Netflix shares slump as it reports profit surge but says it will stop reporting subscriber metrics next year