Technology Platform News

Ongoing news coverage and industry commentary for technology platforms, ranging from cyber-security through to cryptocurrency and beyond.

Libra

Facebook warns EU regulators seeking data access about privacy, liability risks

BRUSSELS (Reuters) – Facebook warned European Union regulators on Monday against forcing tech giants to open their vast troves of data to rivals, saying such a move would car...

HSBC

HSBC swaps paper records for blockchain to track $20 billion of assets

LONDON (Reuters) – HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the widely-hyp...

Security

Workers at Israeli surveillance firm NSO sue Facebook for blocking private accounts

JERUSALEM (Reuters) – A group of employees from Israeli surveillance firm NSO Group filed a lawsuit against Facebook on Tuesday, saying the social media giant had unfairly bl...

Bitcoin China

Bitcoin plummets to a six-month low on China crackdown

LONDON (Reuters) – Bitcoin slumped to a six-month low on Friday after China’s central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed...

China

China central bank cracks down on cryptocurrency trading in Shanghai

SHANGHAI (Reuters) – China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in the financial hub of Shanghai, after Beijing’s promoti...

Google

U.S. lawmakers question Google about collection of health records

WASHINGTON (Reuters) – U.S. Presidential candidate Elizabeth Warren along with fellow Senators Richard Blumenthal and Bill Cassidy wrote a letter to Alphabet’s Google o...

Toronto Smart City

Canada agency says has enough info to evaluate Alphabet ‘smart city’ plan for Toronto

TORONTO (Reuters) – Details of the technological innovations planned for a futuristic development in Toronto recently provided by Sidewalk Labs are satisfactory to evaluate t...

Interpol

Exclusive: Interpol plans to condemn encryption spread, citing predators, sources say

SAN FRANCISCO (Reuters) – The international police organisation Interpol plans to condemn the spread of strong encryption in a statement Monday saying it protects child sex p...

Crypto

Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game

LONDON (Reuters) – Some are backed by dollars. Others by gold. But this “stablecoin” isn’t tied to any major asset – it’s backed by another cryp...

Google

Google to offer checking accounts next year – source

(Reuters) – Alphabet Inc’s Google will offer personal checking accounts from sometime next year in partnership with Citigroup Inc and a small credit union at Stanford U...

Libra

Facebook’s cryptocurrency Libra and digital wallet Calibra

SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with sceptic...