Tag: Silicon UK

Crypto Exchange Bizlato ‘Laundered 1bn Euros’ In Crime Funds

Europol says little-known crypto exchange Bizlato laundered some 1 billion euros in crime-linked funds, after arrests of executive team This article has been indexed from Silicon UK Read the original article: Crypto Exchange Bizlato ‘Laundered 1bn Euros’ In Crime Funds

Spotify To Cut 6 Percent Of Staff

Music-streaming service Spotify to cut 6 percent of staff after chief executive admits being ‘too ambitious’ with spending during pandemic This article has been indexed from Silicon UK Read the original article: Spotify To Cut 6 Percent Of Staff

Microsoft Seals ‘Multi-Billion Dollar’ Deal With OpenAI

Microsoft expands relationship with start-up OpenAI in multi-billion dollar deal, in major bet that AI can transform its offerings This article has been indexed from Silicon UK Read the original article: Microsoft Seals ‘Multi-Billion Dollar’ Deal With OpenAI

Musk Tells Court Tesla Tweet Not A ‘Joke’

Elon Musk tells San Francisco court he tweeted about taking Tesla private in 2018 after meeting with Saudi investment fund, not as a ‘joke’ This article has been indexed from Silicon UK Read the original article: Musk Tells Court Tesla…

Ofcom Opens Probe Into BT Customer Contracts

Telecoms regulator Ofcom to investigate BT and subsidiaries EE and Plusnet over potential lack of clarity in customer contracts This article has been indexed from Silicon UK Read the original article: Ofcom Opens Probe Into BT Customer Contracts

Turning the Unamazing into the Amazing

How can businesses meet the demands of digital-savvy customers and push the boundaries of CX. This article has been indexed from Silicon UK Read the original article: Turning the Unamazing into the Amazing

Hackers Access Thousands Of PayPal Accounts

PayPal says hackers accessed nearly 35,000 accounts in early December using valid passwords obtained from breaches of other websites This article has been indexed from Silicon UK Read the original article: Hackers Access Thousands Of PayPal Accounts

German Regulator Opens PayPal Competition Probe

Germany’s Federal Cartel Office opens investigation into PayPal Europe over concerns company is blocking competition This article has been indexed from Silicon UK Read the original article: German Regulator Opens PayPal Competition Probe

Twitter Shuts Down Third-Party Clients In Policy Shift

Twitter officially changes developer policy following technical changes that abruptly shut down most third-party clients This article has been indexed from Silicon UK Read the original article: Twitter Shuts Down Third-Party Clients In Policy Shift

Musk Says Twitter To Launch Ad-Free Subscription

Elon Musk says Twitter to offer premium subscription tier without advertising, as company seeks new revenue sources This article has been indexed from Silicon UK Read the original article: Musk Says Twitter To Launch Ad-Free Subscription

Netherlands, Japan ‘Set To Join’ US’ China Chip Sanctions

Netherlands, Japan reportedly preparing to impose restrictions on chip equipment exports to China after meeting with US president Joe Biden This article has been indexed from Silicon UK Read the original article: Netherlands, Japan ‘Set To Join’ US’ China Chip…

US Prosecutors Sieze $700m From FTX’s Bankman-Fried

US prosecutors sieze $700m from FTX founder Sam Bankman-Fried amidst fraud charges, as current chief considers restarting bankrupt platform This article has been indexed from Silicon UK Read the original article: US Prosecutors Sieze $700m From FTX’s Bankman-Fried

Google Parent Alphabet To Cut 12,000 Jobs

Google parent Alphabet to cut 12,000 jobs worldwide, as tech companies forced to scale back following pandemic-era ‘hypergrowth’ This article has been indexed from Silicon UK Read the original article: Google Parent Alphabet To Cut 12,000 Jobs

Google Delays Potion Of Bonus Payments To Staff

Alphabet is to defer a portion of the bonus given to staff until later in the year – in a move that surprises the workforce This article has been indexed from Silicon UK Read the original article: Google Delays Potion…

T-Mobile Confirms Hacker Stole Data Of 37 Million Customers

Not again. American mobile operator T-Mobile confirms customer data for 37 million users compromised by hacker This article has been indexed from Silicon UK Read the original article: T-Mobile Confirms Hacker Stole Data Of 37 Million Customers

Crypto Lender Genesis Files For Chapter 11

Another victim of the fallout from FTX collapse, as crypto lender Genesis files for Chapter 11 bankruptcy protection This article has been indexed from Silicon UK Read the original article: Crypto Lender Genesis Files For Chapter 11

Twitter Plans More Staff Layoffs – Report

Weeks after Elon Musk tells Twitter staff there will be no further layoffs, comes report of more redundancies This article has been indexed from Silicon UK Read the original article: Twitter Plans More Staff Layoffs – Report

Feds Arrest Russian Founder Of Crypto Exchange Bitzlato

Bitzlato crypto exchange founder arrested in US for money laundering, and charged with $700m financial crimes This article has been indexed from Silicon UK Read the original article: Feds Arrest Russian Founder Of Crypto Exchange Bitzlato

Donald Trump Petitions Meta To Restore Facebook Account

Lawyers for Donald Trump petition Meta Platforms to restore his Facebook account, after his ban for 2021 Capitol attack This article has been indexed from Silicon UK Read the original article: Donald Trump Petitions Meta To Restore Facebook Account

Safe Homes: Security Tech for Remote Workers

With remote mass working now the norm, and as the threat perimeter moves to wherever each employee chooses to work from, what digital security approaches must all enterprises have in place? This article has been indexed from Silicon UK Read…

Tech Executives Face Prison For Online Safety Breaches

UK Government reaches agreement with Conservative MPs who had sought to amend the controversial Online Safety Bill This article has been indexed from Silicon UK Read the original article: Tech Executives Face Prison For Online Safety Breaches

Microsoft Confirms It Will Axe 10,000 Jobs

Software giant Microsoft adds to the glut of job losses occurring within the tech sector, after it confirms 10,000 jobs are to go This article has been indexed from Silicon UK Read the original article: Microsoft Confirms It Will Axe…

Apple Postpones AR Glasses Launch – Report

Launch of Apple’s long-rumoured augmented reality headset will still take place this year, but the AR glasses launch has been shelved This article has been indexed from Silicon UK Read the original article: Apple Postpones AR Glasses Launch – Report

FTX Claims $415m Crypto Was Hacked

FTX has now identified roughly $5.5 billion worth of digital assets for recovery, but said $415m has been hacked This article has been indexed from Silicon UK Read the original article: FTX Claims $415m Crypto Was Hacked

Microsoft To Cut Thousands Of Jobs – Report

Software giant Microsoft said to be finalising plans to axe 11,000 positions, in latest job cull in tech industry This article has been indexed from Silicon UK Read the original article: Microsoft To Cut Thousands Of Jobs – Report

Apple Launches MacBook Pro With Upgraded M2 Chips

“Game-changing performance and the longest battery life ever in a Mac” are two of the Apple promises with new MacBook Pro This article has been indexed from Silicon UK Read the original article: Apple Launches MacBook Pro With Upgraded M2…

Twitter Auctions Off Office Furniture, Fixtures And Fittings

Surplus to requirements or cost cutting? Elon Musk is selling office furniture, coffee machines, and even statue of famous bird logo This article has been indexed from Silicon UK Read the original article: Twitter Auctions Off Office Furniture, Fixtures And…

Tesla Executive Admits Self-Driving Video Was Staged

Damaging development? 2016 video used by Elon Musk to promote Tesla’s self-driving tech was staged, senior engineer testifies This article has been indexed from Silicon UK Read the original article: Tesla Executive Admits Self-Driving Video Was Staged

Foxconn Replaces Head Of iPhone Assembly – Report

Veteran in charge of Foxconn’s assembly of Apple iPhones has been replaced, after disruption at the giant Zhengzhou factory last year This article has been indexed from Silicon UK Read the original article: Foxconn Replaces Head Of iPhone Assembly –…

Britishvolt Calls In Administrators, After Months Of Struggle

Despite staff at battery start-up Britishvolt in Northumberland taking a pay cut last year, the firm has now filed for administration This article has been indexed from Silicon UK Read the original article: Britishvolt Calls In Administrators, After Months Of…

Bank of England Governor Questions Need For Digital Pound

Not surprising. Crypto critic and Bank of England Governor Andrew Bailey questions need for a digital pound This article has been indexed from Silicon UK Read the original article: Bank of England Governor Questions Need For Digital Pound

Largest European Rare Earth Deposit Found In Sweden

Vital material for mobile phones and electric vehicles found in Sweden to help end dependent on Chinese suppliers This article has been indexed from Silicon UK Read the original article: Largest European Rare Earth Deposit Found In Sweden

YouTube Tests Free Ad-Supported Streaming Channels

Alphabet’s YouTube is reportedly testing free ad-supported TV channels to challenge the likes of Roku and others This article has been indexed from Silicon UK Read the original article: YouTube Tests Free Ad-Supported Streaming Channels

TikTok Banned On State Devices In Kentucky

Pressure grows on ByteDance, as Kentucky becomes latest US state to ban popular video app TikTok from governmental devices This article has been indexed from Silicon UK Read the original article: TikTok Banned On State Devices In Kentucky

Twitter Offers Free Adverts To Major Brands – Report

Elon Musk’s plan to turn around collapse in Twitter ad revenues reportedly sees platform offering free ads to existing advertising brands This article has been indexed from Silicon UK Read the original article: Twitter Offers Free Adverts To Major Brands…

Crypto.com Axes 20 Percent Of Staff

After the FTX collapse, Singapore’s cryptocurrency exchange Crypto.com announces restructuring and axes staff This article has been indexed from Silicon UK Read the original article: Crypto.com Axes 20 Percent Of Staff

Tesla Cuts EV Prices In US, UK, Europe

Elon Musk’s Tesla continues to cut prices of its electric vehicles, amid slowing demand and huge share price decline This article has been indexed from Silicon UK Read the original article: Tesla Cuts EV Prices In US, UK, Europe

Tim Cook Agrees To Huge Pay Cut

Apple acts on Tim Cook’s recommendation and severely reduces his salary, but the CEO will still take home nearly $50 million This article has been indexed from Silicon UK Read the original article: Tim Cook Agrees To Huge Pay Cut

Amazon Staten Island Union Victory Upheld By Federal Board

Historic trade union victory at at Amazon’s Staten Island warehouse last year has been upheld, but Amazon said it will appeal again This article has been indexed from Silicon UK Read the original article: Amazon Staten Island Union Victory Upheld…

ARM London Listing Sought By PM Rishi Sunak – Report

British government reportedly makes fresh attempt to convince ARM owner Softbank for public listing in London This article has been indexed from Silicon UK Read the original article: ARM London Listing Sought By PM Rishi Sunak – Report

Apple Maps Receives Big Update To Help Local Businesses

Notable update to Apple Maps allows for addition of detailed business listings, photos, buttons and promotions across Apple ecosystem This article has been indexed from Silicon UK Read the original article: Apple Maps Receives Big Update To Help Local Businesses

Royal Mail Admits Disruption From ‘Cyber Incident’

UK’s Royal Mail warns it is “temporarily unable to despatch items to overseas destinations”, after confirmation of ‘cyber incident’ This article has been indexed from Silicon UK Read the original article: Royal Mail Admits Disruption From ‘Cyber Incident’

FTX Recovers $5bn In ‘Liquid’ Assets

Potential good news for customers, as lawyers for FTX say at least $5 billion of liquid assets have been recovered This article has been indexed from Silicon UK Read the original article: FTX Recovers $5bn In ‘Liquid’ Assets

Tesla Seeks $776m Expansion Of Texas Gigafactory

After China factory issues, application is filed to expand Tesla gigafactory in Texas, costing hundreds of millions of dollars This article has been indexed from Silicon UK Read the original article: Tesla Seeks $776m Expansion Of Texas Gigafactory

US Grounds Flights After FAA System Outage

Widespread aviation disruption in the United States after Federal Aviation Administration pilot safety system goes offline This article has been indexed from Silicon UK Read the original article: US Grounds Flights After FAA System Outage

Microsoft Abandons Dual-Screen Surface Duo 3 – Report

Another mobile change for Redmond? Next dual-screen phone from Microsoft will reportedly boast a foldable screen design This article has been indexed from Silicon UK Read the original article: Microsoft Abandons Dual-Screen Surface Duo 3 – Report

Twitter Makes More Cuts To Trust, Safety Teams – Report

Is there anyone left to sack? Owner Elon Musk reportedly makes more layoffs to Twitter’s trust and safety teams This article has been indexed from Silicon UK Read the original article: Twitter Makes More Cuts To Trust, Safety Teams –…

UK Mulls Cryptocurrency Version Of Sterling

Government minister confirms UK is progressing a digital pound, following similar digital currency moves in India, Taiwan and elsewhere This article has been indexed from Silicon UK Read the original article: UK Mulls Cryptocurrency Version Of Sterling

Amazon To Close Three UK Warehouses

Amazon to close three UK warehouses this year as it plans to lay off 18,000 employees worldwide, following pandemic-era spending spree This article has been indexed from Silicon UK Read the original article: Amazon To Close Three UK Warehouses

Apple ‘To Replace Key Broadcom Part’ In iPhone

Apple reportedly set to begin using its own combined Wi-Fi and Bluetooth chip in significant blow to chipmaker Broadcom This article has been indexed from Silicon UK Read the original article: Apple ‘To Replace Key Broadcom Part’ In iPhone

Chipmaker TSMC Misses Revenue Estimates As Demand Slows

Taiwanese chipmaking giant TSMC expected to report lower-than-expected revenues amidst slowing demand for electronics This article has been indexed from Silicon UK Read the original article: Chipmaker TSMC Misses Revenue Estimates As Demand Slows

First-Ever UK Satellite Launch Ends In Failure

First-ever satellite launch from UK soil ends in failure after ‘anomaly’ affects Virgin Orbit LauncherOne rocket This article has been indexed from Silicon UK Read the original article: First-Ever UK Satellite Launch Ends In Failure

Study: Nine In Ten UK Game Sales Went Digital In 2022

Industry figures find nearly nine in ten video game sales were digital downloads last year, amidst pandemic-inspired home entertainment surge This article has been indexed from Silicon UK Read the original article: Study: Nine In Ten UK Game Sales Went…

YouTuber Apologises For Failed NFT Project CryptoZoo

Popular YouTuber Logan Paul apologises over failure of CryptoZoo NFT project after investigation calls it a ‘scam’ This article has been indexed from Silicon UK Read the original article: YouTuber Apologises For Failed NFT Project CryptoZoo

Meta To Remove Material Praising Brazil Riots

Facebook parent Meta says it will remove material in favour of weekend riots in Brazil that saw protesters invade Congress and Supreme Court This article has been indexed from Silicon UK Read the original article: Meta To Remove Material Praising…

Jack Ma Prepares To Cede Control Of Ant Group

Chinese billionaire Jack Ma to cede control of fintech giant Ant Group in move to end long period of regulatory limbo This article has been indexed from Silicon UK Read the original article: Jack Ma Prepares To Cede Control Of…

Samsung Profit Drops 69 Percent Amidst Chip Slump

Samsung Electronics expects operating profit drop of 69 percent year-on-year for fourth quarter amidst lower electronics demand This article has been indexed from Silicon UK Read the original article: Samsung Profit Drops 69 Percent Amidst Chip Slump

China Tesla Buyers Protest After Sudden Price Cuts

Hundreds of recent Tesla buyers in China gather to protest at Tesla sites after missing out on fresh price reductions This article has been indexed from Silicon UK Read the original article: China Tesla Buyers Protest After Sudden Price Cuts

China Ex-Official Publicly Shamed Over Crypto Corruption

Former high-ranking Chinese government official apologises in television broadcast for helping cover up crypto-mining amidst crackdown This article has been indexed from Silicon UK Read the original article: China Ex-Official Publicly Shamed Over Crypto Corruption

US Bank Silvergate Covers $8bn In Crypto Withdrawals

US bank Silvergate hit by more than $8 billion in customer crypto withdrawals in late 2022 amidst ‘rapid changes’ in industry This article has been indexed from Silicon UK Read the original article: US Bank Silvergate Covers $8bn In Crypto…

Wikimedia Denies ‘Infiltration’ By Saudi Spies

Wikimedia Foundation denies Wikipedia was infiltrated by Saudi agents after report by Middle East human rights groups This article has been indexed from Silicon UK Read the original article: Wikimedia Denies ‘Infiltration’ By Saudi Spies

Hacker Posts Twitter Emails Of 200 Million Users Online

Researcher claims hackers stole the email addresses of more than 200 million Twitter users and posted the data on hacking forum This article has been indexed from Silicon UK Read the original article: Hacker Posts Twitter Emails Of 200 Million…

WhatsApp To Bypass Regime Internet Shutdowns

Iran, China blow? Internet shutdowns by authoritarian regimes will not prevent WhatsApp users from messaging, Meta confirms This article has been indexed from Silicon UK Read the original article: WhatsApp To Bypass Regime Internet Shutdowns

Court Rules Celsius Network Owns Customer Crypto Assets

Legal setback for customers of bankrupt Celsius Network, after US judges rules firm owns most of the deposited cryptocurrency This article has been indexed from Silicon UK Read the original article: Court Rules Celsius Network Owns Customer Crypto Assets

CES 2023: Sony, Honda Officially Unveils Afeela EV Concept

Gaming meets mobility. Sony Honda Mobility reveals its first electric vehicle concept at CES 2023 show in Las Vegas This article has been indexed from Silicon UK Read the original article: CES 2023: Sony, Honda Officially Unveils Afeela EV Concept

Meta Blow As Irish Watchdog Confirms Hefty Fine

Facebook parent Meta may be prohibited from using personal data for advertising, after EU ruling and Irish fine This article has been indexed from Silicon UK Read the original article: Meta Blow As Irish Watchdog Confirms Hefty Fine

Salesforce To Axe more Than 10,000 Staff

More bad news for Salesforce staffers, as Marc Benioff confirms firm will again axe employees, this time 10 percent of workforce This article has been indexed from Silicon UK Read the original article: Salesforce To Axe more Than 10,000 Staff

Amazon To Axe More Than 18,000 Jobs

E-commerce giant Amazon is to axe thousands more staff than previous reported, as major layoffs continue in early 2023 This article has been indexed from Silicon UK Read the original article: Amazon To Axe More Than 18,000 Jobs

Twitter’s Last Pre-Musk Executives Resign

Katie Marcotte, a 10-year Twitter veteran and it’s acting head of human resources, plus product engineering head Behnam Rezaei, have resigned This article has been indexed from Silicon UK Read the original article: Twitter’s Last Pre-Musk Executives Resign

Twitter Eases Political Ad Restrictions Amid Falling Revenue

Free speech or needing the money? Elon Musk overturns Jack Dorsey’s 2019 ban on all political advertising on the platform This article has been indexed from Silicon UK Read the original article: Twitter Eases Political Ad Restrictions Amid Falling Revenue

Apple Raises Battery Replacement Costs For Older iPhones

Attempt to encourage users to upgrade to newer iPhone models? Apple raises cost of replacing an out-of-warranty iPhone battery This article has been indexed from Silicon UK Read the original article: Apple Raises Battery Replacement Costs For Older iPhones

Microsoft Officially Recognises First Ever Union

More unionisation among tech workforces. Staff at one of Microsoft’s recent billion dollar plus acquisitions form trade union This article has been indexed from Silicon UK Read the original article: Microsoft Officially Recognises First Ever Union

FTX’s Sam Bankman-Fried Pleads Not Guilty To Fraud Charges

Faced a possible 115 years in prison, FTX’s Sam Bankman-Fried pleads not guilty to fraud charges, as trial is slated for October This article has been indexed from Silicon UK Read the original article: FTX’s Sam Bankman-Fried Pleads Not Guilty…

Apple Market Value Drops Below $2 Trillion

Share price decline continues in 2023 as Apple’s market value slips below $2 trillion, after it was the first to reach $3 trillion milestone This article has been indexed from Silicon UK Read the original article: Apple Market Value Drops…

Google ‘Developing Free Moderation Tool’ For Smaller Sites

Google subsidiary Jigsaw developing free tool to help smaller websites identify and remove extremist materials, as new content laws take effect This article has been indexed from Silicon UK Read the original article: Google ‘Developing Free Moderation Tool’ For Smaller…

South Korea Fines Tesla £1.8m Over Cold Weather Range Loss

Tesla fined £1.8m in South Korea for failing to inform consumers its electric cars lose significant range in freezing weather This article has been indexed from Silicon UK Read the original article: South Korea Fines Tesla £1.8m Over Cold Weather…

CES 2023: German Bionic Shows Upgraded Exoskeleton

German Bionic to show next-gen AI-powered Apogee exoskeleton for manual workers at CES 2023, following launch of Cray X last year This article has been indexed from Silicon UK Read the original article: CES 2023: German Bionic Shows Upgraded Exoskeleton

Tesla ‘Promotes China Head’ To Global Role

Tesla reportedly promotes head of China Tom Zhu to global role overseeing delivery in major markets and production at key plants This article has been indexed from Silicon UK Read the original article: Tesla ‘Promotes China Head’ To Global Role

Silicon UK In Focus Podcast: The Data Dividend

Is the latest drive to use data to deliver tangible change across public services likely to succeed? And how can your business take advantage of the data dividend? This article has been indexed from Silicon UK Read the original article:…

South Korea Looks To Expand Tax Cuts For Chip Firms

South Korean government wants to expand capex tax cuts for chip companies to as high as 25 percent in revision of bill passed only last week This article has been indexed from Silicon UK Read the original article: South Korea…

Tesla Ships Record 1.3 Million Cars In 2022

Tesla ships record 1.3 million cars in 2022, up 40 percent from the previous year, but misses Wall Street targets amidst demand concerns This article has been indexed from Silicon UK Read the original article: Tesla Ships Record 1.3 Million…

Russia To Ban Remote Work Abroad

Upcoming Russian law would ban some professions from remote working outside the country, as hundreds of thousands flee Ukraine conflict This article has been indexed from Silicon UK Read the original article: Russia To Ban Remote Work Abroad

Meta Plans Decision On Facebook Trump Ban

Meta planning decision this month on whether to continue banning Donald Trump from Facebook after reinstatement on Twitter This article has been indexed from Silicon UK Read the original article: Meta Plans Decision On Facebook Trump Ban

Alibaba Prospects ‘Brighter’ After Long Regulatory Crackdown

Alibaba’s prospects look ‘better’ this year, say analysts, after two years of pressure from regulators and slower consumer spending This article has been indexed from Silicon UK Read the original article: Alibaba Prospects ‘Brighter’ After Long Regulatory Crackdown

Apple iPhone Sales Revised Downward Amidst Supply Chaos

Analyst decreases expected iPhone sales for 2022 and first quarter of 2023 as main iPhone plant remains below 70 percent capacity This article has been indexed from Silicon UK Read the original article: Apple iPhone Sales Revised Downward Amidst Supply…

Twitter Sued As It Stops Paying Rent On Office Space

San Francisco landlord sues Twitter after it stops paying rent on headquarters and other offices, amidst wide-ranging cuts This article has been indexed from Silicon UK Read the original article: Twitter Sued As It Stops Paying Rent On Office Space