Meta hit with €265 million fine by Irish regulators for breaking Europe’s data protection law
Irish regulators slapped Facebook parent Meta with a €265 million fine on Monday, the company’s latest punishment for breaching strict European Union data privacy rules. The Data Protection Commission said Meta Platforms Inc infringed sections of the EU rules, known…
Twitter to introduce gold, grey and blue ticks under Elon Musk’s latest verification plan
Twitter’s boss Elon Musk has unveiled a tentative new plan for user verification which will be released next Friday (December 2), the billionaire confirmed on Twitter. The move comes after he paused monetising the “blue check”, which verifies user identity,…
Bitcoin plunges to a 2-year low as FTX collapse contaminates industry
Cryptocurrencies are continuing to feel the shockwaves of the crumbling FTX empire with Bitcoin plunging to a 2-year low of $15,480 (€15,050) on Tuesday as other cryptos follow the downward trend. It comes as the entire crypto market lost more…
Twitter’s Brussels office reportedly closes, raising fears Elon Musk may not comply with EU rules
Twitter has reportedly closed its entire Brussels office, sparking fears about whether the platform will abide by Europe’s new rules on policing content online. Citing five people familiar with the matter, the Financial Times newspaper reported on Thursday that Twitter’s…
Inventor of the Web Sir Tim Berners-Lee wants to save your data from Big Tech with Web3.0
The creator of the World Wide Web is now on a mission to save it. Sir Timothy Berners-Lee, the person who made it possible to read this online article, first came up with the concept of the Web back in…
Twitter staff quit in droves after Elon Musk’s ‘hardcore’ work ultimatum leaves only 7% backing him
Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for “long hours at high intensity,” or leave. In a poll on the workplace…
Bankruptcy, stolen crypto investigation and criminal probes: The latest on the FTX collapse
Cryptocurrencies are still feeling the aftershocks of last week after the third-largest crypto exchange FTX imploded and later filed for bankruptcy. The company saw liquidity dry up after an explosive report by CoinDesk that questioned how stable the empire was,…
Elon Musk says his companies will be fine in 2023 as he brushes off reports of Twitter ‘bankruptcy’
Elon Musk, who now heads five companies including Tesla and Twitter, said in a tweet on Friday that his companies will be well positioned in 2023 despite the possibility of a tough economy. Musk’s tweet comes a day after he…
Bitcoin plunges as Binance walks away from FTX bailout. Is this the new crypto crisis?
Cryptocurrencies across the board are taking a massive hit with Bitcoin reaching a yearly low after the third-largest crypto exchange FTX Trading is reportedly experiencing a liquidity crisis with regulators now swooping in. Bitcoin plunged below the $16,000 mark (€16,000)…
Auction of European cars, planes, yachts and watches: Open New Horizons for Buying
The Auction of European cars, planes, yachts and watches expands the horizons for car enthusiasts living in countries such as the UAE, Qatar, Kuwait, Oman, Russia, Kazakhstan, Uzbekistan, Kyrgyzstan, the USA and the UK, as well as many others. Located…