The tyranny of passwords – is it time for a rethink?

They are elusive, infuriating gatekeepers that rule our lives. Easy to crack and hard to remember, forgetting them is pricey – it cost Stefan Thomas £160m in lost bitcoin

Modern life is the act of entering the third character of a long-dead family pet into an online form three times a week, getting it wrong, and speaking to a call-centre worker in India whose real name is almost certainly not Kenny, ad infinitum, until you die. Our ancestors lived short, brutish lives and died in childbirth, or were gored to death on the battlefield, but at least they didn’t have passwords, and that’s something.

The tyranny of passwords; it colonises modern life. These petty dictators deny us access to our bank accounts, our baby photos, our phone contracts, even our heating. They reproduce as endlessly as bacteria, and yet, like Tupperware lids, you can never find the one you need. They are our boyfriends, our girlfriends, our children, our pets. A talented and motivated adversary could probably work yours out in the time it has taken you to read this paragraph.

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Mighty Amazon looks all but unassailable as Covid continues

Jeff Bezos’s company is set for sales topping $100bn last quarter, and while rivals are nibbling, its position looks secure

The earliest references to the “one-stop shop” emerged during the first decades of 20th century as the fast-growing US economy spurred rapid retail innovation. A single location for various products provides obvious benefits: removing the hassle of travelling around town to visit different stores.

Jeff Bezos redefined that logic for the internet age, making Amazon a dominant (and perhaps ambivalent) force first in selling books, and then in pretty much everything else. Before 2020 Amazon was a phenomenon, but the coronavirus pandemic has made it all but ubiquitous.

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WallStreetBets’ founder on GameStop: ‘I didn’t think it would go this far’

The Reddit forum is at the center of a war between Wall Street and an army of small investors over the store – and Jaime Rogozinski is still getting to grips with it

Jaime Rogozinski always knew WallStreetBets, the Reddit forum he founded, was part of something big – but even he wasn’t prepared for quite how big.

Related: GameStop: how Reddit amateurs took aim at Wall Street’s short-sellers

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Facebook board set to rule on Trump ban reverses four content removal cases

Cases included content on Covid misinformation and hate speech, and panel will rule soon on the decision to suspend Trump

Facebook’s oversight board, the “supreme court” set up by the company to relieve Mark Zuckerberg of having the final say over moderation, has issued its first decisions, overturning the social network’s choices on four of the five first cases it has heard.

The cases, all of which were appeals to reinstate content taken down by Facebook, covered a wide range of topics, from female nudity, to Russian-language ethnic slurs, through islamophobia and Covid misinformation. The board’s decisions are binding under the agreement between Facebook and its quasi-independent overseer. Facebook now has seven days to restore content in the four cases where the board deemed it necessary.

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GameStop shares plunge after ban by Robinhood app

Meteoric rise fizzles out after small investors are barred from trading in groups that had soared in value

Small investors mounting an assault on Wall Street speculators suffered a setback on Thursday as trading platforms banned them from buying more shares in GameStop, spawning conspiracy theories, political intervention and at least one lawsuit.

Amateur trading app Robinhood stopped users from investing any further in GameStop – a US chain of video games stores – and seven other companies on Thursday, after an extraordinary rise in their value, spurred by users of the chat forum website Reddit, that cost some hedge funds billions of dollars.

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GameStop: how Reddit amateurs took aim at Wall Street’s short-sellers

Analysis: Understanding short-selling enabled amateur traders to beat hedge funds at their own game

The co-ordinated effort by users of the online forum Reddit to drive up the share price of GameStop and other companies is designed to turn the screw on short-sellers.

To the layman, the dynamics at play here can seem dizzyingly labyrinthine.

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How GameStop found itself at the center of a groundbreaking battle between Wall Street and small investors

The video game retailer has become one of the hottest stocks this year in a tale that illustrates the changing face of investing

The coronavirus pandemic hit GameStop hard. Like many retailers, already suffering from the shift to online sales, the video games chain is losing money and plans to close 450 stores this year. And yet, surprisingly, GameStop has become one the hottest stocks of the year.

The 37-year-old chain store group is now the focus of a David-and-Goliath battle between an army of small investors and Wall Street that shows no signs of abating and has highlighted some fundamental shifts in investing.

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Grindr fined £8.6m in Norway over sharing personal information

Fine from by the Norwegian Data Protection Authority is 10% of Grindr’s global annual revenue

Grindr has been fined 100m krone (£8.6m) by the Norwegian Data Protection Authority after an investigation revealed the dating app was sharing deeply personal information with advertisers, including location, sexual orientation and mental health details.

The fine is 10% of Grindr’s global annual revenue and is particularly high because of the personal nature of the information shared.

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WhatsApp loses millions of users after terms update

Poorly-executed change to terms of service sends messaging app’s subscribers flocking to competitors

A poorly explained update to its terms of service has pushed WhatsApp users to adopt alternative services such as Signal and Telegram in their millions.

The exodus was so large that WhatsApp has been forced to delay the implementation of the new terms, which had been slated for 8 February, and run a damage limitation campaign to explain to users the changes they were making.

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‘Inevitable’ Google and Facebook will pay for Australian news, treasurer says

Josh Frydenberg says tech companies’ threats to pull services out of Australia did them a ‘big disservice’

Josh Frydenberg has warned the internet giants it is “inevitable” they will pay for news content and their threats to shut down core functions in Australia do them a “big disservice”.

At a doorstop on Sunday, the treasurer said the Morrison’s government intended to become a “world leader” in regulating social media and search companies, who he accused of shifting the goalposts in their opposition to the proposed bargaining code of conduct.

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After Covid, will digital learning be the new normal?

Schools have embraced apps and remote classes in the past year. Some see benefits in virtual learning but others fear the impact on disadvantaged children and privatisation by stealth

History is likely to record that Britain’s teachers were better prepared for Covid-19 than government ministers. With cases rising in Europe, 14 schools in England had already closed their gates by the end of February 2020. When senior staff at Barham primary school began drawing up contingency plans on 26 February, they realised they needed to up their use of digital technology.

They decided to upload work daily to ClassDojo, a popular app they were already using to communicate with parents. The problem was some parents, many of whom do not speak English as a first language, didn’t have the app. When, three weeks later, it was announced that UK schools would close to most pupils with just two days’ notice, Barham’s staff, especially the Gujarati, Tamil and Hindi speakers, took to the playground, digital devices in hand, to help parents get connected.

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The strange case of Alibaba’s Jack Ma and his three-month vanishing act

The ebullient tech tycoon embarrassed China’s leaders and went missing. Now he’s back, but seems far less outspoken

Wearing burgundy lipstick and a long peroxide wig, the diminutive entrepreneur who would soon become China’s richest man took to the stage and belted out Can You Feel the Love Tonight? from Disney’s The Lion King.

Jack Ma, chief executive of e-commerce giant Alibaba, had earned the right to make a spectacle of himself. On that day in September 2009, in front of 16,000 adoring employees packed into Hangzhou’s Yellow Dragon stadium, the eccentric but iron-willed former English teacher was celebrating. He had built a bona fide tech champion, China’s answer to Amazon, eBay and PayPal rolled into one.

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Italy blocks TikTok for certain users after death of girl allegedly playing ‘choking’ game

Probe launched after girl’s sister reportedly told parents she had been ‘playing the blackout game’ before her death

Italian prosecutors have opened an investigation into the accidental death of a 10-year-old girl who allegedly took part in a “blackout challenge” on the video-sharing network TikTok.

The probe came as Italy announced it had temporarily blocked access to TikTok for users whose age could not be proved definitively.

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‘Touching fish’ craze sees China’s youth find ways to laze amid ‘996’ work culture

An online movement is pushing back against the country’s ferocious work culture of long hours for seemingly little gain

On the Chinese microblogging platform Weibo, enthusiastic slackers share their tips: fill up a thermos with whisky, do planks or stretches in the work pantry at regular intervals, drink litres of water to prompt lots of trips to the toilet on work time and, once there, spend time on social media or playing games on your phone.

“Not working hard is everyone’s basic right,” said one netizen. “With or without legal protection, everyone has the right to not work hard.”

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Google threatens to leave Australia – but its poker face is slipping

Analysis: tech firm’s refusal to pay news publishers comes as it agrees to do exactly that in France

The biggest companies in technology love an ultimatum but rarely do they spell out their threats. This week, however, Google has done exactly that, telling an Australian parliamentary hearing that a proposed law forcing the company to pay news publishers for the right to link to their content “would give us no real choice but to stop making Google Search available in Australia”.

The threat, from the company’s Australian managing director, Mel Silva, is the latest escalation in a war of words over the proposal, which seeks to undo some of the damage online business models have dealt to the country’s publishing industry.

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Electric vehicles close to ‘tipping point’ of mass adoption

Sales increase 43% globally in 2020 as plunging battery costs mean the cars will soon be the cheapest vehicles to buy

Electric vehicles are close to the “tipping point” of rapid mass adoption thanks to the plummeting cost of batteries, experts say.

Global sales rose 43% in 2020, but even faster growth is anticipated when continuing falls in battery prices bring the price of electric cars dipping below that of equivalent petrol and diesel models, even without subsidies. The latest analyses forecast that to happen some time between 2023 and 2025.

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Samsung Galaxy S21 Ultra review: the new king of Android phones

Great screen, performance and battery plus new camera with dual 3x and 10x lenses for super zooming

The Galaxy S21 Ultra is Samsung’s new superphone for 2021 – and comes out firmly as the best of its type, with a price to match.

Equipped with a new more powerful camera system – with not one but two optical zoom lenses on the back for a huge 10x optical zoom – it costs from £1,149 and leads Samsung’s 2021 mobile line, which also includes the smaller and cheaper £769 S21 and £819 S21+.

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Engineer who stole trade secrets from Google among those pardoned by Trump

Anthony Levandowski’s pardon had the support of billionaire Peter Thiel, who donated to Trump’s 2016 campaign

In his final hours of office, Donald Trump pardoned a former Google engineer who was convicted of stealing trade secrets from the company before taking up a new role with competitor Uber.

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Von der Leyen: big tech firms need to be reined in despite Trump’s exit

Internet giants that spread hate speech and conspiracy theories should face ‘democratic limits’, says European commission president

The end of Donald Trump’s tenure in the White House was celebrated by the EU’s Ursula von der Leyen on Wednesday, as she warned that the former US president’s rise highlighted the need to confront the internet giants who helped him spread “conspiracy theories and fake news”.

The European commission president spoke of her relief at Trump’s departure, but warned that the outgoing leader’s movement still existed, and that the digital platforms used to spread hate needed to be tackled.

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Facebook under pressure to resume scanning messages for child abuse in EU

Half of referrals for child sexual abuse material could be falling under the radar after changes to EU e-privacy directive

The children’s charity NSPCC has called on Facebook to resume a programme that scanned private messages for indications of child abuse, with new data suggesting that almost half of referrals for child sexual abuse material are now falling below the radar.

Recent changes to the European commission’s e-privacy directive, which are being finalised, require messaging services to follow strict new restrictions on the privacy of message data. Facebook blamed that directive for shutting down the child protection operation, but the children’s charity says Facebook has gone too far in reading the law as banning it entirely.

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