Technology Platform News

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

Twitter

Twitter hacking spree alarms experts concerned about the platform’s security

The extraordinary hacking spree that hit Twitter earlier, leading it to briefly muzzle some of its most widely followed accounts, is drawing questions about the platform’s se...

European Union

Blow for EU as Apple wins fight against $15 billion tax order

Apple has scored a major win as Europe’s second-highest court rejected an EU order for Apple to pay 13 billion euros (approximately $15 billion) in Irish back taxes, dealing ...

Fitbit

European Union regulators seek feedback on Google’s Fitbit data pledge

European Union  antitrust enforcers are asking interested parties whether Google’s pledge not to use fitness tracker maker Fitbit’s health data for its advertising, and...

SMIC Stock Market

SMIC’s listing tests if money alone can bring chip dominance to China

China’s SMIC is set to follow its staggering $6.6 billion share sale with its Shanghai market debut tomorrow, just as relations between China and the US sour.

Netflix, Amazon, Tesla, Stocks surging

Virus worries and FOMO drive options bets on surging tech giants

Options investors are ramping up bets on some of this year’s biggest winners, including Amazon.com, Netflix and Tesla, even as they turn cautious on the wider market amid a r...

5G

US pressure mounts on Europe to follow Britain in banning Huawei

The UK governments decision to ban China’s Huawei from its 5G network increases further pressure on EU countries to impose stricter limits on the world’s largest teleco...

Maxim Integrated

Chipmaker Analog Devices to buy rival Maxim Integrated Products for $21 billion

Analog Devices has said it will buy rival Maxim Integrated Products Inc for about $21 billion in the largest US deal this year, aimed at boosting its market share in automotive and...

Fitbit

Google offers pledge on data in bid to win EU okay for Fitbit acquisition

Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to address EU antitrust concerns about its proposed $2.1 billion acq...

Singapore

Singapore says blockchain payments project is now ready for commercial rollout

Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities have said, noting that the next step was a c...

WeWork

WeWork expects to have positive cash flow in 2021

WeWork Executive Chairman Marcelo Claure said the office-sharing company was on course to have positive cash flow in 2021, a year earlier than a target the company set in February,...

Amazon

Amazon plans at least $100 million to keep Zoox talent

Amazon plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away ...

Google Fitbit Wearables

Google can ward off EU antitrust probe into Fitbit deal with data pledge

Google may be able to stave off a full-scale EU antitrust investigation into its planned $2.1 billion bid for fitness tracker Fitbit by pledging not to use Fitbit’s health da...

US China relations

US finalising federal contract ban for companies that use Huawei and others

The Trump White House is said to be planning to finalise regulations this week that will bar the US government from buying goods or services from any company that uses products fro...

Apple

Learn to code: Apple rolls out free coding course for teachers

Apple announced yesterday that it was rolling out a free online coding course aimed at teachers, while beefing up its existing school coding programs with a ton of new material.