Category Archives: Technology

Bitcoin withdrawals temporarily suspended in volatile day for crypto market

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Value of assets dips below $1tn after Celsius Network halts withdrawals over ‘extreme’ conditions

The cryptocurrency market has endured another day of volatility as the Binance exchange temporarily suspended bitcoin withdrawals and the total value of the digital asset market dipped below $1tn (£820bn), after a cryptocurrency lender stopped customers from taking back their funds.

The cryptocurrency lending platform Celsius Network halted withdrawals because of “extreme market conditions”, prompting a sell-off.

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‘A gift from God’: Binley Mega Chippy owner basks in TikTok fame

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Kamal Gandhi, 70, and his Coventry chip shop became a sensation after its name was turned into a catchy song

It has been two weeks since his Coventry chip shop became a TikTok sensation drawing in crowds from around the country, and 70-year-old Kamal Gandhi is exhausted.

He has had to take on and train four new staff members, ensure a continuous supply of stock to deal with hundreds of new customers and help manage the long queues snaking down the road outside the now world famous Binley Mega Chippy.

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Scientists make ‘slightly sweaty’ robot finger with living skin

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Japanese innovation thought to have potential to ‘build a new relationship between humans and robots’

Japanese scientists have developed a “slightly sweaty” robotic finger covered in living skin in an advance they say brings truly human-like robots a step closer.

The finger, which was shown to be able to heal itself, is seen as an impressive technical feat that blurs the line between living flesh and machine. But scientists were divided on whether people would warm to its lifelike anatomy or find it creepy.

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Twitter set to comply with Elon Musk demand for data on fake accounts

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Network ready to provide stream of daily data after world’s richest man threatened to pull out of $44bn purchase if Twitter refused

Twitter is preparing to comply with Elon Musk’s demand for data on fake accounts, after the Tesla chief executive threatened to walk away from buying the business if it refused.

The social media company will provide the world’s richest man with access to a stream of data comprising more than 500 million tweets posted every day, according to the Washington Post.

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Australia’s consumer watchdog launches legal action against Airbnb for alleged misleading prices

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ACCC is seeking compensation for Australian customers who were quoted accommodation prices in USD but charged in AUD

The consumer watchdog has launched legal action against Airbnb for allegedly misleading thousands of customers into believing accommodation prices were in Australian dollars when they were actually in US currency.

In a statement filed with the federal court, the Australian Competition and Consumer Commission (ACCC) is seeking compensation for the customers, who it claims were misled from at least January 2018 until August 2021 because the prices displayed to some Airbnb users did not mention that they were in US dollars, with reference to the foreign currency in the fine print.

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Elon Musk and Twitter: a timeline of the $44bn deal that threatens to crumble

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It’s been a long and winding saga for the social media company and the Tesla CEO, filled with threats, breaches and ‘poison pills’

Elon Musk on Monday made his most viable threat yet to walk away from a $44bn deal to buy Twitter, accusing the company of committing a “material breach” by failing to disclose the number of bots on the platform.

The letter was published on the website of the US financial watchdog on Monday. He had previously tweeted that the deal “cannot move forward” until the spam and fake account issue had been resolved.

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Friendlyjordies: John Barilaro to be paid $715,000 by Google over YouTube videos

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Tech giant and comedian Jordan Shanks may face contempt of court charges over videos published during trial

Google has been ordered to pay former New South Wales deputy premier John Barilaro more than $700,000 over a series of “racist” and “abusive” videos published on YouTube channel Friendlyjordies.

On Monday, federal court justice Stephen Rares ruled that Barilaro had been left “traumatised” by a campaign of “relentless cyberbullying” by comedian Jordan Shanks, who uses the nom de plume Friendlyjordies

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Met police did not consult us on children’s data project, say youth violence experts

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Force claimed it approached groups before launch of Project Alpha which scours social media sites

Youth violence experts have said they had no involvement with a police scheme that collects children’s personal data, despite the Met claiming to have consulted them.

Project Alpha, involving more than 30 staff and launched in 2019 with Home Office funding, scours social media sites looking at drill music videos and other content. It has prompted concerns about racial profiling and potential privacy violations.

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Mercedes-Benz issues global recall of one million older cars

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German carmaker says move due to a potential problem with the braking system

Mercedes-Benz has announced it is immediately recalling nearly one million older vehicles worldwide due to a potential problem with the braking system.

Germany’s federal transport authority (KBA) said that the recall affected cars built between 2004 and 2015 of the SUV series ML and GL, and the R-Class luxury minivan.

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Elon Musk seeks 10% job cuts at Tesla over ‘super bad feeling’ about economy

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Email to executives also calls for hiring freeze at electric car maker, which has 100,000 staff worldwide

Elon Musk is considering a hiring freeze and job cuts of up to 10% of staff at Tesla because he has a “super bad feeling” about the state of the economy, according to an internal email seen by Reuters.

Tesla currently has about 5,000 job openings advertised worldwide, and 100,000 employees. The email was sent to Tesla executives late on Thursday with the subject line “pause all hiring worldwide”, and comes days after Musk ordered all employees to return to the office for at least 40 hours a week or face immediate termination.

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Sheryl Sandberg steps down as chief operating officer of Facebook parent company Meta

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Sandberg joined the company in 2008 and will leave the company this fall, although she will continue to be on Meta’s board

Sheryl Sandberg, the chief operating officer of Facebook and its parent company Meta, has announced she will step down from her role, ending 14 years in the job that made her one of the most powerful figures in the tech world and saw the company weather a meteoric rise and multiple controversies.

Sandberg announced the move in a post on her own Facebook page on Wednesday, adding that she was not sure of what the future holds for her but plans to focus on her foundation and philanthropic work going forward.

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US supreme court blocks Texas law targeting social media rules

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Measure passed by Republican-led legislature seeks to bar platforms from removing user posts based on ‘viewpoint’

The US supreme court temporarily blocked a Texas law that would bar social media companies from removing user posts based on their “viewpoint”, as lower courts battle over whether it would violate first amendment rights.

In a 5-4 decision, the justices granted a request from two technology industry groups that have argued the Republican-backed measure would turn platforms into “havens of the vilest expression imaginable”.

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Shortage of diabetes medication Ozempic after TikTok users promote drug for weight loss

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TGA urges GPs to limit prescriptions to approved use for diabetes management amid surge in off-label demand

GPs are being asked to prioritise the diabetes medication Ozempic for people with the condition, after TikTok users began touting it as a weight loss treatment.

The Therapeutic Goods Administration earlier this month issued a joint statement with several medical bodies confirming a shortage of the injectable semaglutide medication, manufactured by Dutch pharmaceutical company Novo Nordisk, due to “unexpected increase in consumer demand”.

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France bans English gaming tech jargon in push to preserve language purity

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Government officials must replace words such as ‘e-sports’ and ‘streaming’ with approved French versions

French officials on Monday continued their centuries-long battle to preserve the purity of the language, overhauling the rules on using English video game jargon.

While some expressions find obvious translations – “pro-gamer” becomes “joueur professionnel” – others seem a more strained, as “streamer” is transformed into “joueur-animateur en direct”.

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Canada investigates after Tesla catches fire, forcing driver to ‘smash the window’

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Video shows incident in which driver says he had to kick his way out because the doors and windows wouldn’t open

Canadian authorities are investigating an incident in which a Tesla caught fire in Vancouver, reportedly forcing the driver to smash his way out of the vehicle.

Transport Canada, the Canadian auto safety agency, said in a statement on Friday that it had learned of the incident in Vancouver on 23 May and that it had “notified Tesla … and is currently making arrangements for a joint inspection of the vehicle in an effort to determine the cause of the fire”.

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Chinese technology shares jump as Alibaba sales exceed forecasts

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E-commerce company’s revenues rise 9% to 204bn yuan despite weakening economy

Chinese technology shares jumped after strong results from internet companies, including better-than-expected sales at the e-commerce firm Alibaba despite an economic slowdown driven by Beijing’s Covid-19 lockdowns.

The Hangzhou-based company beat analysts’ forecasts with its sales and profit figures for the first quarter despite a weakening economy, and it did better than local rivals such as Tencent. Revenues rose 9% to 204bn yuan (£24bn) in the first three months of the year.

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Amazon shareholders reject 15 motions on worker rights and environment

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Resolutions included calls for company to report on health and safety and review use of plastic

Amazon shareholders have rejected 15 resolutions brought forward by investors in a push to influence the company’s environmental impact and treatment of workers.

Shareholders voted on Wednesday against all the resolutions, most of which focused on worker rights and other social issues. The resolutions included calls for the company to report on worker health and safety and the treatment of its warehouse workers, and a review of Amazon’s use of plastic and changes to the company’s process for board nominations.

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Meta asks to be spared tighter rules in Australia, saying iPhone’s tracking blocker is hurting business

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Company tells consumer watchdog it is set to lose $10bn this year in wake of Apple iOS feature hampering ability to collect user data

Meta says Apple’s decision to allow users to stop apps tracking them on their phones has diminished Facebook’s advertising market power, and therefore the social media giant should not face further regulation in Australia.

In mid-2021 Apple rolled out a new feature in iOS 14.5 called “app tracking transparency” which asks for users’ consent before an app can track their activity across websites and apps, and allows users to opt out of the tracking at any time.

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North Korea fires suspected ICBM amid signs of preparation for nuclear test

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South Korea calls launches ‘grave provocation’ and detects experiment that suggests forthcoming nuclear test

North Korea has fired three ballistic missiles into the sea off its east coast, including one believed to have long-range capabilities, the South Korean military has said, a day after Joe Biden ended his first presidential visit to Asia.

Hours after the missile tests, South Korea said it had detected signs North Korea had conducted an experiment with a detonation device in preparation for a possible nuclear test, according to Yonhap news agency.

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FBI seeks arrest of man claiming to be North Korea ‘special delegate’

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Spaniard alleged to have conspired with cryptocurrency expert to help Pyongyang evade US sanctions

The FBI has issued an arrest warrant for a Spanish man who claims to be a “special delegate” working for the government of North Korea, accusing him of recruiting a cryptocurrency expert in an attempt to help Pyongyang circumvent US sanctions.

Alejandro Cao de Benós, a 47-year-old Spanish national who describes himself as Pyongyang’s special delegate for the committee for cultural relations with foreign countries, is alleged to have conspired with Virgil Griffith, a US cryptocurrency expert, to “illegally provide cryptocurrency and blockchain services to the Democratic People’s Republic of Korea (DPRK)”.

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