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