Technology Platform News

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

Platform Industry: Tesla's Elon Musk

Elon Musk’s Tesla stock sale poll raises taxing questions

When Elon Musk asked his Twitter followers last weekend if he should sell 10% of his Tesla Inc stock, he said he was posing the question because “much is made lately of unrea...

European Commission

EU Commission to be sole enforcer of tech rules, EU countries agree

Representatives from EU countries have agreed that the European Commission will be the sole enforcer of new tech rules, with a limited role for national antitrust watchdogs instead...

Platform News: Japan's SoftBank

SoftBank dragged into red by falling Vision Fund valuations

SoftBank Group Corp reported a 397 billion yen (approximately $3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fun...

Platform Industry: Tesla's Elon Musk

Twitter users say ‘yes’ to Musk’s proposal to sell 10% of his Tesla stock

Elon Musk should sell about 10% of his Tesla stock, according to 57.9% of people who voted on his Twitter poll asking users of the social media network whether he should offload th...

Platform Industry: Amazon branding on screen

US Senate bill would limit big tech mergers

Two US senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions.

Platform News: SolarWinds

SolarWinds investors allege board knew about cyber risks

SolarWinds Corp investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that...

Commonwealth Bank: Australia

Australia’s CBA partners with Silicon Valley AI firm H2O.ai

Commonwealth Bank of Australia said it acquired a minority stake in a Silicon Valley-based artificial intelligence firm, H2O.ai Inc, in a bid to provide smarter and personalised pr...

Platform News: Jack Ma, the founder of Alibaba

Jack Ma, Trump and Xi: How Chinese billionaire flew close to the sun

This was supposed to be Jack Ma’s finest hour: a year ago to the day, his Ant Group was meant to go public in a $37 billion blaze of glory. Instead Beijing reined in his empi...

Facebook, WhatsApp and Instagram

Whistleblower: governments must check Facebook really does scrap face recognition

Facebook whistleblower Frances Haugen welcomed Facebook’s announcement that it would scrap facial recognition, but urged close government oversight of the move to ensure the ...

Platform Industry: Microsoft operating system users

Microsoft president says tech must compromise, downplays metaverse ‘hype’

The tech sector needs to compromise with regulators and take governments and people’s concerns seriously, Microsoft president Brad Smith has said in an interview.

Platform NewS: China's ByteDance CEO and TikTok apps Founder

Source: ByteDance founder Zhang Yiming steps down as chairman

ByteDance founder Zhang Yiming has stepped down as chair of the company, after saying in May he would step down as CEO, a person with direct knowledge of the matter told journalist...

Facebook is Meta

Facebook will shut down facial recognition system

Facebook Inc has announced it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing growing concern about the use of suc...

Platform Industry: Apple logo on a window

Fired Apple employee files complaint with US labor agency

An Apple employee who was fired last month after leading fellow workers in publicly sharing instances of what they called harassment and discrimination has filed a charge with the ...

Yahoo

Yahoo leaves China for good, cites “challenging” environment

Yahoo said it had stopped allowing its services to be accessible from mainland China “in recognition of the increasingly challenging business and legal environment”, th...

Platform News: Epic Games, Fortnite

Apple objects to links to outside payments ahead of Epic Games hearing

Apple has outlined its objections to allowing app developers to link to third-party payment options ahead of a hearing next month that could determine whether a set of antitrust co...