Social media platform Reddit has announced that it has started the process to sell its shares on the stock market. In a confidential filing, it did not reveal how many shares it planned to sell or the price of the shares. In August, the company said it had raised $700m (£528m) in new funding, valuing […]
Category Archives: Uncategorized
Apple launches Android app to address AirTags tracker fears
Apple has launched an app for competitor Android’s smartphones, which will inform users if there is a tracking device nearby. Apple’s AirTags are small location trackers that can be attached to items such as keys or bags in case they are lost. But they could also be used with malicious intent, such as being planted […]
Flaw prompts 100 hack attacks a minute, security company says
A flaw in widely used computer code is prompting 100 new hacking attempts every minute, a security company says. Check Point said it had seen attempts to exploit the vulnerability on over 40% of corporate networks globally. One US official said the security flaw, Log4shell, posed a “severe risk”, with companies warning it was being […]
Alibaba fires woman who claimed sexual assault
Chinese e-commerce firm Alibaba has fired a woman who said a colleague and a client had sexually assaulted her. The dismissal letter said she had spread falsehoods that had damaged the company’s reputation. The employee went public with her allegations in August because she said Alibaba had failed to take action. She said the assaults […]
Meta releases social VR space Horizon Worlds
Meta has released its social virtual reality space, Horizon Worlds, after more than a year in private test mode. It is the first major such release since Facebook renamed itself Meta and announced its plans to “build the metaverse” of connected digital worlds. The app lets users build their own mini-games and activities on top […]
Canadian man charged over ransomware attacks
A Canadian man has been accused of co-ordinating ransomware and other cyber-attacks on individuals, businesses and government agencies. The Ontario Provincial Police (OPP) announced that 31-year-old Matthew Philbert had been charged with fraud and unauthorised use of computers. The US State of Alaska has also brought charges against Mr Philbert. He was arrested on 30 […]
UK to phase out 2G and 3G by 2033
The UK will phase out 2G and 3G mobile services by 2033, the government says. The switch-off date has been agreed with mobile-network operators Vodafone, EE, Virgin Media, O2, and Three. In July, EE owner BT revealed plans to phase out 3G by 2023, and 2G later in the decade. And many other companies have […]
Chinese social media giant Weibo’s shares fall in Hong Kong debut
Social media giant Weibo has made its Hong Kong stock market debut as Chinese technology firms come under intense pressure at home and abroad. Weibo’s shares fell by more than 6% in the first few minutes of trading. The firm joins other major Chinese technology companies, including Alibaba and JD.com, which are listed in both […]
Uber to pay $9m in sex-assault report settlement
Uber is to pay $9m (£6.8m) to settle a complaint over its sexual-assault and harassment reporting in California. The California Public Utilities Commission (CPUC) had told Uber to hand over information about assault and harassments – but it did not do so. At the time, Uber had argued it would be a “shocking violation of […]
China app giant Didi plans US stock market exit in move to Hong Kong
Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong. The firm has come under intense pressure since its US debut in July. Within days of the initial public offering (IPO) Beijing announced a crackdown on technology companies listing […]