The White House will convene a 30-country meeting this month to try to ramp up global efforts to address the threat of ransomware to economic and national security, President Joe Biden said in a statement shared exclusively with CNN. From a report: “Cy…
Tech Giants Brace For Impact in India as New Payments Rule Goes Into Effect
Apple, Google, Sony, Zoom, PayPal and several other tech companies as well as scores of banks have cautioned customers and partners in India to expect a surge in declined transactions as the world’s second-largest internet market’s central bank enforce…
Google Is Scrapping Its Plan To Offer Bank Accounts To Users
Google is abandoning plans to pitch bank accounts to its users, marking a retreat from an effort to make the tech giant a bigger name in finance. The Wall Street Journal: The Alphabet unit announced almost two years ago that users of its Google Pay dig…
Microsoft Announces Office 2021 Features and Pricing
Microsoft is launching Office 2021 on October 5th, and the company is finally detailing the features and pricing today. From a report: Office 2021 will be the next standalone version of Microsoft’s Office suite, designed for businesses and consumers wh…
DeFi Bug Accidentally Gives $90 Million To Users
phalse phace writes: Robert Leshner, the founder of Compound Labs, just sent out a tweet pleading its users to return the $90.1 million in COMP tokens it accidentally deposited to user accounts.
Users of the popular DeFi staking protocol received the…
Apple, Amazon, Microsoft, and Disney Among Companies Backing Groups Against Climate Bill
mspohr writes: Some of America’s most prominent companies, including Apple, Amazon, Microsoft and Disney, are backing business groups that are fighting landmark climate legislation, despite their own promises to combat the climate crisis, a new analysi…
South Korea Broadband Firm Sues Netflix After Traffic Surge from ‘Squid Game’
South Korean Internet service provider SK Broadband has sued Netflix to pay for costs from increased network traffic and maintenance work because of a surge of viewers to the U.S. firm’s content, an SK spokesperson said on Friday. From a report: The mo…
Utilities Took Public Money, Gave CEOs Millions, and Then Turned People’s Lights Off During the Pandemic
A new report finds that some of the country’s most powerful utilities raked in millions of dollars in taxpayer bailout funds last year — while continuing to shut off service for households across the U.S. during the pandemic. Gizmodo: The report, rele…
YouTube Removes Legendary Meme Video After 14 Years for ‘Violence’
An anonymous reader shares a report: You probably don’t know Paul Weedon by name, but you’ve probably seen him get punched in the face. He is the man behind the “I can’t believe you’ve done this” meme, an old, viral video in which he talks to the camer…
Xbox Boss Says Console Supply Issues Will Continue Into 2022
The head of Microsoft’s games business told The Wrap that a shortage of chips wasn’t the only thing stopping the company getting as many Xbox Series X/S consoles onto store shelves as it would like. From a report: “I think it’s probably too isolated to…