CategoriesTech NewsUK News

Blow for Trump’s Truth Social as merger company hit by grand jury subpoenas

Disclosure of subpoenas for board members by blank cheque firm Digital World is latest blow to Donald Trump’s social media plans

A ​​US federal grand jury has issued subpoenas to the board members of the company merging with Donald Trump’s social media company, Truth Social.

The disclosure, made on Monday by the blank cheque company Digital World Acquisition Corporation, is the latest blow to Trump’s plans to take Trump Media & Technology Group (TMTG), the creator of Truth Social, public.

Continue reading…

CategoriesTech NewsUK News

How TikTok is turning a generation of video addicts into a data goldmine

The Chinese tech giant is taking surveillance capitalism to a new level. It’s almost enough to make you feel sorry for Zuckerberg

Question: what do men and Excel have in common?

Answer: they’re always automatically turning things into dates when they’re not.

To younger people – that is, anyone under the age of 20 – Microsoft’s spreadsheet program, a tool as essential to accountants as saws are to carpenters, is the contemporary equivalent of mom jeans, handwritten thank-you notes and cravats: stuff that oldies care about. How come, then, that the hashtag #excel has had 3.4bn views on a certain social media platform and that one Excel expert on that platform has 2.7 million followers and 9.7m likes for their tips on using Excel?

The answer is that the platform is TikTok, well known by now as the short-form video-hosting service owned by Chinese company ByteDance, on which you find an endless stream of short-duration (15 seconds) videos, in genres ranging from pranks, stunts, tricks, jokes, dance and entertainment to what one might call “edutainment” (such as advice on how to do stuff with Excel). Over the last couple of years it’s been taking over the social media world, and all the other big platforms – and especially Facebook – seem hypnotised by it, much as rabbits are by the headlights of an oncoming lorry.

Continue reading…

CategoriesTech NewsUK News

Changpeng Zhao: tech chief in the eye of the cryptocurrency storm

The founder of Binance, the world’s largest digital currency exchange, is on a mission to talk to governments and regulators even as investors retreat

Changpeng Zhao does not like ambiguous words. Which is just as well: the crypto industry, in which he is a leading figure, is in turmoil and crying out for clarity.

The 45-year-old founder and chief executive of Binance, the world’s biggest cryptocurrency exchange, meets the Observer in an upmarket London hotel after one of the most tumultuous weeks in the short history of digital money.

Continue reading…

CategoriesTech NewsUK News

Tech firms under pressure to safeguard user data as abortion prosecutions loom

Private information collected and retained by companies could be weaponized to prosecute abortion seekers and providers

After the US supreme court overturned Roe v Wade on Friday, calls increased for tech companies to take a stand about the use of online data to incriminate individuals seeking or providing abortion services.

Abortion and civil rights advocates have warned that there are few federal regulations on what information is collected and retained by tech firms, making it easy for law enforcement to access incriminating data on location, internet searches and communication history.

Continue reading…

CategoriesTech NewsUK News

Electricity used to mine bitcoin plummets as crypto crisis widens

Consumption down by third since 11 June, with even sharper falls among other cryptocurrency networks

The amount of electricity consumed by the largest cryptocurrency networks has decreased by up to 50% as the “crypto winter” continues to eat at the incomes of “miners” and financial contagion spreads further throughout the sector.

The electricity consumption of the bitcoin network has fallen by a third from its high of 11 June, down to an annualised 131 terawatt-hours a year, according to estimates from the crypto analyst Digiconomist. That still equates to the annual consumption of Argentina, with a single conventional bitcoin transaction using the same amount of electricity that a typical US household would use over 50 days.

Continue reading…

CategoriesTech NewsUK News

Apple and Android phones hacked by Italian spyware, says Google

Report claims Milan-based RCS Lab developed tools to spy on private messages and contacts of targeted devices

An Italian company’s hacking tools were used to spy on Apple and Android smartphones in Italy and Kazakhstan, Alphabet Inc’s Google said in a new report.

Milan-based RCS Lab, whose website claims European law enforcement agencies as clients, developed tools to spy on private messages and contacts of the targeted devices, the report said.

Continue reading…

CategoriesTech NewsUK News

Doop Snogg: how a fake Snoop Dogg fooled an NFT conference

In an NFT world fraught with frauds, few pause to check for fakes: ‘The crypto mindset is they know it’s chaos and bullshit and they don’t care’

Snoop Dogg has rapped that “It’s kind of hard being Snoop D-O-double-G”.

But apparently not that hard for a Snoop Dogg impersonator who was hired “last minute” by a crypto startup to grab attention at an NFT conference in New York – and ended up fooling just about everyone there.

Continue reading…

CategoriesTech NewsUK News

Samsung agrees to pay $14m penalty over misleading Galaxy ads

Federal court approves settlement between Australia’s competition watchdog and tech company over phones marketed as water-resistant

Follow our Australia news live blog for the latest updatesGet our free news app; get our morning email briefing

Samsung has agreed to pay a $14m penalty for misleading claims that seven of its Galaxy phones were water-resistant when the devices could stop working after being used in swimming pools or ocean water.

Justice Michael Murphy approved the settlement between the tech company and the Australian competition and consumer commission (ACCC) in the longrunning case launched in 2019, over ads related to seven Galaxy phone models.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading…

CategoriesTech NewsUK News

Amazon’s Alexa could turn dead loved ones’ voices into digital assistant

Technology promises ability to ‘make the memories last’ by mimicking the voice of anyone it hears

Amazon plans to let people turn their dead loved ones’ voices into digital assistants, with the company promising the ability to “make the memories last”.

The company is developing technology that will allow its Alexa digital assistant to mimic the voice of anyone it hears from less than a minute of provided audio, Rohit Prasad, its senior vice-president and head scientist, said on Wednesday. He added that during the coronavirus paramedic “so many of us have lost someone we love”.

Continue reading…

CategoriesTech NewsUK News

Instagram to try out stronger age checks including video selfies

Verification in US will require youngsters to provide video or find three adults to vouch for them

Instagram will start testing strong age verification for the first time, requiring users who try to change their age from under-18 to over-18 to either upload a video selfie for automatic age verification, or find three adults to vouch for them.

The changes, which are initially rolling out in the US, will apply only to users who have already indicated they are under 18, but try to edit their date of birth to gain access to age-restricted features.

Continue reading…