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Facebook vows to restrict users if US election descends into chaos

Facebook vows to restrict users if US election descends into chaos

Facebook has said it will take aggressive and exceptional measures to “restrict the circulation of content” on its platform if November’s presidential election descends into chaos or violent civic unrest.In an interview with the Financial Times, Nick Clegg, the company’s head of global affairs, said it had drawn up plans for how to handle a range of outcomes, including widespread civic unrest or “the political dilemmas” of having in-person votes counted more rapidly than mail-in ballots, which will play a larger role in this election due to the coronavirus pandemic.“There are some...

September 22, 2020
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EU demands major concessions from Google over Fitbit deal

EU demands major concessions from Google over Fitbit deal

The EU has demanded that Google make major concessions relating to its $2.1 billion acquisition of fitness-tracking company Fitbit if the deal is to be allowed to proceed imminently, according to people with direct knowledge of the discussions.Since it was announced last November, the acquisition has faced steep opposition from consumer groups and regulators, who have raised concerns over the effect of Google’s access to Fitbit’s health data on competition.EU regulators now want the company to pledge that it will not use that information to “further enhance its search advantage” and that it...

July 23, 2020
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Alphabet CEO: Plan to target EU commissioner was not “sanctioned” by me

Alphabet CEO: Plan to target EU commissioner was not “sanctioned” by me

The chief executive of Google’s parent company Alphabet has apologized to Thierry Breton after an internal document laid out a plan to attack the EU commissioner and promised that such tactics were “not the way we operate.”In a virtual meeting on Thursday, Sundar Pichai told Mr. Breton, the internal market commissioner, that Google was a very large company and that the document “was never shown to me.” He added that he had not “sanctioned” the plan, according to two people familiar with the conversation.The document set out Google’s response to landmark new legislation from the EU as the...

November 13, 2020
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Facebook and Twitter struggle with online fury from Trump supporters

Facebook and Twitter struggle with online fury from Trump supporters

Facebook and Twitter are struggling to contain rising anger from Donald Trump’s supporters online, as a wave of momentum builds around the US president’s claims that the election is being stolen from him.In the past 24 hours, Facebook has invoked emergency measures to make it harder for users to share posts that contain misleading information, to remove such posts from people’s newsfeeds, and to restrict the circulation of poll-related livestreams.The social media company has also expanded its warning labels from posts by political candidates to a wider web of rightwing influencers, many of...

November 6, 2020
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Electric car sales triple in race to meet Europe CO2 rules

Electric car sales triple in race to meet Europe CO2 rules

One in 10 new cars sold across Europe this year will be electric or plug-in hybrid, triple last year’s sales levels after carmakers rolled out new models to meet emissions rules, according to projections from green policy group Transport & Environment.The market share of mostly electric cars will rise to 15 percent next year, the group forecasts, as carmakers across the continent race to cut their CO2 levels. The projections are based on sales data for the first half of the year, as well as expected increases as manufacturers scramble to comply with in 2021.“Electric car sales are...

October 12, 2020
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Traders set to don virtual reality headsets in their home offices

Traders set to don virtual reality headsets in their home offices

Spare bedrooms and living rooms could soon become part of vibrant trading floors as one of the world’s biggest investment banks considers providing staff with augmented reality headsets.UBS has experimented with issuing its London-based traders with Microsoft HoloLenses, which would allow staff to recreate the experience of working in a packed trading floor without leaving their homes.Banks have been desperate to bring workers back to the office, especially for regulatory-sensitive roles such as trading, but surges in coronavirus infection rates have meant many staff are wary about using...

September 20, 2020
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Boeing hid design flaws in 737 Max jets from pilots and regulators

Boeing hid design flaws in 737 Max jets from pilots and regulators

Boeing hid design flaws in its 737 Max jet from both pilots and regulators as it raced to have the airplane certified as fit to fly, according to a damning congressional report into why two of the aircraft crashed within months of each other last year, killing 346 people.The report by the US House of Representatives transport committee found the US aircraft maker cut corners and pressured regulators to overlook aspects of its new design in its attempts to catch up with European rival Airbus. It also accused US regulators of being too concerned with pleasing the company to exercise proper...

September 16, 2020
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Oracle enters race to buy TikTok’s US operations

Oracle enters race to buy TikTok’s US operations

Oracle has entered the race to acquire TikTok, the popular Chinese-owned short video app that President Donald Trump has vowed to shut down unless it is taken over by a US company by mid-November, people briefed about the matter have said.The tech company co-founded by Larry Ellison had held preliminary talks with TikTok's Chinese owner, ByteDance, and was seriously considering purchasing the app's operations in the US, Canada, Australia and New Zealand, the people said.Oracle was working with a group of US investors that already own a stake in ByteDance, including General Atlantic and...

August 18, 2020
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US adds Chinese supercomputing companies to export blacklist

US adds Chinese supercomputing companies to export blacklist

The US has placed Chinese groups accused of building supercomputers to help the Chinese military on an export blacklist, the first such move by the Biden administration to make it harder for China to obtain US technology.Three companies and four branches of China’s National Supercomputing Center were added to the US government “entity list,” which bars American companies from exporting technology to the groups without a license.The US commerce department said the groups were involved in building supercomputers used by Chinese “military actors” and facilitating programs to develop weapons of...

April 9, 2021
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Hackers for hire targeted hundreds of institutions, says report

Hackers for hire targeted hundreds of institutions, says report

A hackers-for-hire group dubbed “Dark Basin” has targeted thousands of individuals and hundreds of institutions around the world, including advocacy groups, journalists, elected officials, lawyers, hedge funds, and companies, according to the Internet watchdog Citizen Lab.Researchers discovered almost 28,000 webpages created by hackers for personalized “spear phishing” attacks designed to steal passwords, according to a report published on Tuesday by Citizen Lab, part of the University of Toronto’s Munk School.“We see them again and again in areas where business and politics is...

June 9, 2020
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