Facebook issues temporary ban on political ads after US election October 8, 2020 Facebook will stop running political ads in the US after polls close on 3 November in a bid to prevent “confusion or abuse” in the aftermath of the presidential election. The social media giant said the temporary ban marked its efforts to “protect the integrity of the election by fighting foreign interference, misinformation and voter [...]
Huawei: ‘Clear evidence’ of collusion with Beijing, MPs warn October 8, 2020 There is “clear evidence of collusion” between Chinese tech giant Huawei and authorities in Beijing, top MPs have warned. In a report published today parliament’s defence committee claimed Huawei was “closely linked” to the Chinese state and the Communist Party. It also cited concerns about Huawei’s receipt of state subsidies and Chinese intelligence laws that [...]
Cambridge Analytica did not misuse data to influence Brexit, watchdog rules October 7, 2020 Disgraced political consultancy Cambridge Analytica did not misuse data to try and influence the outcome of the 2016 Brexit referendum, a major probe has concluded. The Information Commissioner’s Office (ICO) has spent three years investigating the use of personal data in political campaigning by the now defunct SCL Elections — the parent company of Cambridge [...]
Beyond Imagination: What’s next for the scandal-hit British chipmaker? October 7, 2020 Imagination Technologies this week confirmed the appointment of telecoms veteran Simon Beresford-Wylie as its next chief executive, marking a new chapter for the British chipmaker. The Hertfordshire-based tech firm has been no stranger to scandal in recent months, with MPs lashing out at the company’s ties to a major investor linked to the Chinese state. [...]
Citigroup fires employee who ran QAnon conspiracy website October 7, 2020 Citigroup has sacked an employee in its technology department after it emerged he ran a popular website dedicated to the QAnon conspiracy theory. Jason Gelinas, who worked as an information technology specialist, was identified by fact checking website Logically.ai as the operator of the website QMap.pub. He was initially placed on leave from the investment [...]
Bill Gates issues warning over spread of ‘titillating untruths’ on social media October 6, 2020 Bill Gates today took aim at social media platforms for allowing the spread of misinformation relating to the coronavirus pandemic. The business mogul said the Covid-19 crisis had highlighted the “urgent” need to crack down misleading and false information online, which he said spread “so much faster than the truth”. “There’s certainly a human weakness [...]
Facebook removes Trump post claiming flu is more deadly than Covid-19 October 6, 2020 Facebook today removed a post by US President Donald Trump in which he falsely claimed that seasonal flu was more deadly than coronavirus. The social media site removed the post as it breached its policies on misinformation related to Covid-19. In the post Trump falsely claimed that the flu sometimes killed more than 100,000 Americans [...]
Software mogul John McAfee arrested on US tax evasion charges October 6, 2020 Controversial tech millionaire John McAfee has been arrested in Spain on US charges of tax evasion. The anti-virus mogul, who founded software company McAfee, allegedly failed to file tax returns despite earning millions from promoting cryptocurrencies, speaking engagements and selling the rights to his life story for a documentary. McAfee faces extradition to the US [...]
Nvidia to build UK’s largest supercomputer after $40bn Arm takeover bid October 5, 2020 Nvidia today announced plans to build the UK’s largest supercomputer, just weeks after the US tech group tabled a controversial $40bn (£31bn) offer for British chip designer Arm. The £40m supercomputer — dubbed Cambridge-1 — will be made available to healthcare researchers using artificial intelligence to find cures for a range of medical challenges, including [...]
Crowdfunding platforms Seedrs and Crowdcube announce plans to merge October 5, 2020 Crowdfunding platforms Seedrs and Crowdcube have announced plans to merge, creating one of the world’s biggest private equity marketplaces. In a statement this morning the companies said the deal would create a “more robust” firm, allowing it to help fund more businesses. Crowdcube will acquire all of the outstanding share capital of Seedrs, with existing [...]