US
Brit arrested in Spain for role in infamous 2020 Twitter hack
A 22-year-old Brit has been arrested in Spain in connection with a July 2020 Twitter hack which compromised the accounts of high-profile politicians and celebrities, the US Justice...
Yellen urges quick US adoption of stablecoin rules
Treasury Secretary Janet Yellen has told regulators that the US government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital...
US and allies accuse China of global hacking spree
The US, UK and and various allies have accused China of a global cyberespionage campaign, mustering an unusually broad coalition of countries to publicly call out Beijing for hacki...
US launches online hub to help ransomware victims
The US government has unveiled an online hub for the victims of ransomware attacks, saying it will make it easier for companies and municipalities to find resources and get assista...
US appeals courts dismiss government’s appeals of TikTok rulings
Two US appeals courts dismissed the Justice’s Department’s legal challenges to court rulings that barred a Trump-era effort to ban new downloads of Chinese-owned video-...
Crackdown: Crypto exchange Binance unauthorised, says Italian regulator
Major cryptocurrency exchange Binance is not authorised to carry out activities in Italy, the country’s market watchdog has said, joining a string of global regulatory moves ...
TD says US online banking glitch fixed, cites service provider issues
Toronto-Dominion Bank has resolved technical problems caused by issues at a service provider, that affected its US customers and employees on Thursday, the Canadian lender said.
Streaming Wars: SVOD market share in Q2 2021
The subscription video on demand (SVOD) market has experienced massive growth over the course of the past 18 months, with the COVID-19 global pandemic, along with discounted offers...
Facebook seeks US FTC Chair Lina Khan’s recusal in antitrust case
Facebook has asked for the recusal of Federal Trade Commission Chair Lina Khan from the FTC’s antitrust case against the company, a step that could imperil the agency’s...
Powell says a Fed digital currency could undercut need for cryptocurrencies
Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for pr...
US regulator sues Amazon, demands recall of hazardous products
The US Consumer Product Safety Commission (CPSC) has said it has sued Amazon.com to force the retailer to recall hundreds of thousands of hazardous products that it had distributed...
FCC votes to finalize program to replace Huawei equipment in US networks
The US Federal Communications Commission voted unanimously to finalize a $1.9 billion program to reimburse mostly rural US carriers for removing equipment from telecommunications n...
How Big Tech is faring against US lawsuits and probes
Big Tech platforms Google and Facebook were hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and abusing the...
After US push, EU pauses tax plan, but Ireland sticks to its guns
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the Biden-Harris administration and in a bid to facilitate a broader global tax dea...