Chinese regulators have ordered Ant Group, which owns the hugely popular Alipay app, to overhaul its operations and become a financial holding company supervised by…
View More Ant Group cut down to size in latest blow for Jack Ma’s business empire
Tag: tech
Alibaba’s record fine is a ‘warning shot’ in China’s tech crackdown
Joe Tsai, Alibaba Group’s co-founder and executive vice chairman, told investors on Monday that the company will not appeal the 18.2 billion yuan ($2.8 billion)…
View More Alibaba’s record fine is a ‘warning shot’ in China’s tech crackdown
China hits Alibaba with record $2.8 billion fine for behaving like a monopoly
Chinese state media reported Saturday that the State Administration for Market Regulation had imposed the penalty following an antitrust investigation into Alibaba’s (BABA) “exclusive dealing…
View More China hits Alibaba with record $2.8 billion fine for behaving like a monopoly
Facebook will not notify the 533 million users exposed in online database
Last weekend, it was reported that a database of records from more than 533 million Facebook accounts — including phone numbers, email addresses, birthdays and…
View More Facebook will not notify the 533 million users exposed in online database
$200,000 streaming rigs and millions of views: inside the cottage industry popping up around SpaceX
Beyer, a Los Angeles-based photographer and contributor to the space news site NASASpaceflight.com, had by that point been staying at a South Texas hotel for…
View More $200,000 streaming rigs and millions of views: inside the cottage industry popping up around SpaceX
Elon Musk’s Neuralink claims monkeys can play Pong using just their minds
The nine-year old male macaque, named Pager, has a Neuralink device implanted in both sides of its brain, according to a YouTube video posted by…
View More Elon Musk’s Neuralink claims monkeys can play Pong using just their minds
500 million LinkedIn users’ data is for sale on a hacker site
The sale of the data was first reported on Tuesday by cybersecurity news and research site CyberNews, which said that an archive including user IDs,…
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Snap and Twitter are backing India’s answer to TikTok
The $502 million funding round was led by investment firms Tiger Global and Lightspeed Venture Partners, and boosted the valuation of Mohalla Tech to a…
View More Snap and Twitter are backing India’s answer to TikTok
Supreme Court hands Google a victory in a multibillion-dollar case against Oracle
Google’s copying of so-called application programming interfaces from Oracle’s Java SE was an example of fair use, the court held in a 6-2 decision authored…
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Here’s how to tell if your Facebook account was one of the half billion that were breached
Facebook said that massive leak stems from an issue in 2019, which has since been fixed. Still, there’s no clawing back that data. More than…
View More Here’s how to tell if your Facebook account was one of the half billion that were breached
LG is officially shutting down its smartphone business
On Monday, the South Korean tech giant announced that it would close down its mobile phone unit after years of losses, marking the end of…
View More LG is officially shutting down its smartphone business
Half a billion Facebook users’ information posted on hacking website, cyber experts say
There are records for more than 32 million accounts in the United States, 11 million in the United Kingdom, and 6 million in India, according…
View More Half a billion Facebook users’ information posted on hacking website, cyber experts say