TikTok ups its child ad protections as the threat of EU sanctions looms June 21, 2022 TikTok has agreed to better protect children that use its platform in order to dodge the threat of possible sanctions from Brussels. The European Consumer Organisation (BEUC) filed a complaint to the European Commission in 2021, which said that the Bytedance-owned company failed to protect children from hidden advertising and inappropriate content. Following over a [...]
Hundreds of websites down over Cloudflare issues June 21, 2022 It's not just the trains that were out of action today, but also the internet.
Watchdog set to review fees charged by Visa and Mastercard June 21, 2022 The UK’s top payments regulator has set out plans for two wide ranging reviews of Visa and Mastercard’s operations in the UK today amid concerns over soaring card fees.
Pfizer injects £77m into Valneva, days after French firm settles dispute with UK government June 20, 2022 Pfizer will inject $95m (£77.6m) into French pharmaceutical firm Valneva for an eight per cent stake, just days after the French pharmaceutical firm settled a Covid-19 dispute with the UK government. Pfizer, a Big Pharma firm behind one of the world’s Covid-19 vaccines, has entered an equity subscription agreement with Valneva, as it plans to [...]
Hackers delay Vladimir Putin’s opening speech at Russia’s version of Davos June 19, 2022 Hackers on Friday halted the start of Vladimir Putin’s opening speech to the St Petersburg conference dubbed ‘Russia’s version of Davos,’ as part of ongoing cyberwar between Russia and Ukraine. The Russian president’s opener was held up for more than an hour, after pro-Ukrainian hacktivists overloaded the St Petersburg International Economic Forum’s (SPIEF’s) servers with [...]
Atos finance chief to exit firm in wake of IT consultancy’s plans to split June 19, 2022 Atos yesterday said its chief financial officer is set to leave his job, just days after the French IT consultancy’s chief executive, Rodolphe Belmer, said he is exiting the company, after it set out plans to split into two, separate, listed firms. The exit comes as shares in Atos have lost more than half their value [...]
Apple shop workers in Maryland join union in first for tech giant June 19, 2022 Apple employees in Maryland have become the latest in a tranche of workers in the US unionising, following the likes of Starbuck and Amazon. Workers at one Apple store voted to join a union over the weekend, the first retail staff working for the tech titan to unionise in the US. After a ballot of [...]
Alphabet exec warns skill shortages could stunt economy as UK vows to become ‘global tech superpower’ June 18, 2022 Alphabet chief financial officer Ruth Porat has warned ongoing digital skill shortages risk stunting economic growth.
Klarna looks to raise cash at slashed valuation of $15bn June 17, 2022 Buy-now pay-later giant Klarna is looking to raise fresh cash at a slashed valuation of $15bn, according to news reports.
UK space industry to benefit ‘very positively’ from Russian sanctions June 17, 2022 The UK’s space industry stands to benefit “very positively” from sanctions against Russia, which have pushed its rocket launching capabilities off the global stage, one space chief has told Morning Wire Russia’s launches once rivalled SpaceX in both frequency and success. But a mixture of bans and boycotts after its invasion of Ukraine has seen a [...]