Technology Platform News

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

Chinese Flag

China to keep up scrutiny of internet sector – Xinhua

China will continue its scrutiny of the internet sector, rooting out practices including the blocking of site links by rival platforms and ensuring smaller players have room to dev...

Jack Dorsey

Square CEO Dorsey says looking to build a bitcoin mining system – tweet

Square Inc CEO Jack Dorsey has said that the leading FinTech player is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as b...

Crypto Coins

Crypto firms Tether and Bitfinex to pay $42.5 million to settle US CFTC charges

Cryptocurrency Tether and crypto exchange Bitfinex will pay $42.5 million to settle civil charges from the US Commodity Futures Trading Commission over allegedly making misleading ...

Russian President Putin

Putin says crypto currencies too unstable to be used for oil contracts

Russian President Vladimir Putin said that crypto currencies were too unstable to be used to settle oil contracts but that they still deserved a place as a means of payment.

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

Big Tech to face another bipartisan US antitrust bill

A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big Tech platforms, like Amazo...

Huawei Technologies

Rubio calls on Biden administration to blacklist Huawei spin-off Honor

Republican Senators led by Marco Rubio called on the Biden administration to blacklist Honor, a former unit of embattled Chinese giant Huawei, describing the firm as a threat to na...

Pinterest

Pinterest co-founder Evan Sharp joins Jony Ive’s design firm

Pinterest Inc has said co-founder Evan Sharp is leaving the company to join LoveFrom, a firm led by Jony Ive, the designer of many iconic Apple products.

Digital currencies

G7 finance officials endorse principles for central bank digital currencies

G7 finance officials have endorsed 13 public policy principles for retail central bank digital currencies, saying they should be grounded in transparency, the rule of law and sound...

Platform Industry: Bitcoin and digital currencies

US becomes largest bitcoin mining centre after China crackdown

The United States has overtaken China to account for the largest share of the world’s bitcoin mining, data published by the UK’s Cambridge Centre for Alternative Financ...

Joe Biden

US agency submits initial recommendations on app data security to White House

The US Commerce Department has said it submitted an initial set of recommendations on data security under an executive order signed by Joe Biden.

nvidia chipmaker

Sources: EU to investigate Nvidia’s $54 billion ARM bid

Nvidia’s $54 billion bid for UK chip designer ARM is expected to face an extended EU antitrust investigation after concessions offered last week failed to address competition...

Platform Industry: US and China Relations and Politics

China has won AI battle with US, Pentagon’s ex-software chief says

China has won the artificial intelligence battle with the US and is heading towards global dominance because of its technological advances, the Pentagon’s former software chi...

Bitcoin

JPMorgan’s Dimon blasts bitcoin as ‘worthless’, due for regulation

Jamie Dimon, the co-CEO of banking titan JPMorgan Chase & Co has said at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitco...

Platform News: Japan's SoftBank

French startup Swile gets unicorn status with Softbank-led fundraising

Swile has raised additional an $200 million in a capital increase backed by Japan’s Softbank, aiming at expanding its business internationally and beyond corporate benefits s...