Kvsmirnov

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From data rules to EU ‘click taxes’, Britain needs a plan to protect the digital economy

The UK has developed an enviable digital economy, worth £160bn a year according to Tech Nation.<p>The Harvard Business Review has estimated that the …

Jean-Claude Juncker

Justice Department shuts down massive cybercrime ring

US attorneys charge 36 people who allegedly maintained one of the largest online criminal organizations ever.<p>The US Justice Department said it's taken down a cybercrime behemoth, which had sold millions of people's stolen information before it closed.<p>The agency announced on Wednesday that it's …

Corruption

World's first passenger drone makes debut in China

The world’s first passenger drone made by Chinese tech company EHang Inc. made its debut in the southern city of Guangzhou on Tuesday.<p>The electrically powered vehicle, also known as EHang 184, is operated by an automated flight system so passengers don’t have to bother with driving.<p>"None of the …

Drones

Elon Musk Proves He’s the Greatest Showman on Earth

A flair for drama—and distraction—may have become the billionaire’s most valuable asset.<p>It’s easy to forget that, just last month, SpaceX apparently lost a top-secret government satellite in a mysterious incident that may or may not have been all Northrop Grumman’s fault. New <b>Elon Musk</b> media …

Tesla

Remainers, embrace Theresa May’s constructive ambiguity over the customs union – it might just keep us in it

Let us be categorical. It is categorically important to be categorical! Britain will <i>not</i> remain in the customs union post-Brexit. On this, the Prime …

United Kingdom

Early Facebook and Google employees are planning to lobby against tech addiction

In December, a former Facebook executive said the company was “ripping apart the social fabric of how society works.” A few weeks later, Facebook itself wondered whether it “might be having a negative impact on society.” Now a new alliance made up of former Silicon Valley cronies has aseembled to …

Nonprofits

Jacob Rees-Mogg, pinstriped populist

JACOB REES-MOGG is about as low on the Conservative Party’s official pecking order as you can get. He doesn’t have a seat in the cabinet, or the …

United Kingdom

‘Treacherous Treasury’ claims signal a new target for hard-Brexiters

Row erupts after Jacob Rees-Mogg suggested in the Commons that Whitehall was deliberately undermining leave process<p>When the most senior officials across Whitehall gathered for a rare away day on Friday, an attack on the impartiality of the civil service by a leading Brexiter ensured they had plenty …

Jacob Rees-Mogg

When Brexit fails to deliver it won’t be the fault of the Tory right. Oh no

The civil service is the latest to be flamed by Jacob Rees-Mogg and co, who blame everyone but themselves<p>The right does not want British institutions to take back control from the EU. It wants to take control of British institutions. Understand its raging ambition and you will understand why …

United Kingdom

Bill Gates has just read his “favorite book of all time”

After a brief flirtation with novels and comic memoirs, Bill Gates is getting back to big ideas. The Microsoft co-founder and philanthropist has found his new “favorite book of all time,” Steven Pinker’s <i>Enlightenment Now</i><i>: The Case for Reason, Science, Humanism, and Progress</i>.<p>It makes sense that …

Bill Gates

In just two hours, Amazon erased $30 billion in market value for healthcare’s biggest companies

Amazon has disrupted fashion, books, furniture, food, cloud-based storage services, and much else besides. Now, it’s coming for one of the biggest, most complex industries in the US: healthcare.<p>Today (Jan. 30), Amazon, Berkshire Hathaway, and JPMorgan announced a vague but market-moving plan to …

Berkshire Hathaway

U.S. SEC halts AriseBank's initial coin offering, alleges fraud

NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has halted what it alleged was a fraudulent initial coin offering by Dallas-based AriseBank to raise $1 billion for its "AriseCoin" cryptocurrency, the agency said in a statement on Tuesday.<p>The SEC said it had obtained a …

Cryptocurrency

The Scientific Failure Of The Original Elegant Universe

Scientific theories, at their best, are simple, straightforward, full of predictive power, and contain an elegance or beauty all their own. Newton’s simple <b>F</b> <i>= ma</i> and Einstein’s <i>E = mc2</i> are simple equations that house profound truths and enable so much to be derived; the quark model and General …

Mathematics

The investor’s guide to spotting the signs of a stock market crash

Anyone looking at any of the standard models will tell you that the US stock market is overvalued.<p>For instance, looking at the benchmark S&P 500, the cyclically adjusted price-to-earnings ratio (created by Nobel laureate Robert Shiller) is higher than any time in history—except during the internet …

Stock Markets

BigID pulls in $14 million Series A to help identify private customer data across big data stores

As data privacy becomes an increasingly important notion, especially with the EU’s GDPR privacy laws coming online in May, companies need to find ways to understand their customer’s private data. BigID thinks it has a solution and it landed a $14 million Series A investment today to help grow the …

GDPR

Overheard at Davos: David Cameron says Brexit is a "mistake, not a disaster"

David Cameron has been overheard at Davos saying Brexit is a "mistake, not a disaster".<p>Recorded by 5News while speaking to steel magnate Lakshmi …

Referendums

China Moves to Crack Down on Digital Currency Pyramid Schemes

China's public security ministry said on Friday that it will take aim at pyramid schemes in the country, including those that purportedly involve …

Facebook no guarantee for democracy

Facebook says it can offer no assurance that social media is on balance good for democracy, but the company says it is trying what it can to stop …

Contortions for Compliance: Life Under New York's BitLicense

<i>Sarah H. Brennan, a corporate and securities attorney, leads the blockchain technology, cryptocurrency and digital assets practice team at Lippes</i> …

Surprise! This Company Holds the Most Blockchain Patents

Hint: Despite what you might think, it's not a technology company. However, it is a household name.<p>If you've been waiting for the greatest thing …

WTF is GDPR?

European Union lawmakers proposed a comprehensive update to the bloc’s data protection and privacy rules in 2012.<p>Their aim: To take account of seismic shifts in the handling of information wrought by the rise of the digital economy in the years since the prior regime was penned — all the way back …

Uber’s Travis Kalanick paid $200,000 to the driver he insulted in a viral video

It’s not every day that journalism literally brings a disgraced executive to his knees, but that’s reportedly what Bloomberg did to Uber’s Travis Kalanick last year.<p>In late February, Bloomberg published video footage that showed former CEO Kalanick in the back seat of a private UberBlack, …

Travis Kalanick

This map shows the US really has 11 separate 'nations' with entirely different cultures

The United States comprises several different regions, each with its own rich history and cultural identity.<p>Exactly where those regions start and end has been a long-running debate, but according to author Colin Woodard, the United States can be divided into 11 distinct sub-nations.<p>Woodard mapped …

Black History

European leaders have started wooing Britain because they sense a change of heart over Brexit

Maybe back in 1066 what was bad for this country (well, most of the “English” bit, and specifically Harold Godwinson) was good for Europe (well, the …

The dominance of Google, Facebook and Amazon is bad for consumers and competition. Our cover this week https://t.co/42sYFcsTQi

Boris Johnson would 'rather stay in' the EU than accept a soft Brexit

LONDON — The foreign secretary has reportedly told friends that he would rather stay in the EU than accept a soft Brexit.<p>According to The Sun, Boris Johnson told allies that any Brexit result which left Britain outside of the EU, but still closely aligned to it, would be a "total waste of time," …

United Kingdom

Google fined $2.72 billion for antitrust breach

EU antitrust regulators appoints expert panel for second opinion on case against Google's Android OS- Technology News, Firstpost

European Union is planning to launch more antitrust investigations in e-commerce platforms- Technology News, Firstpost

Antitrust Laws

“Fire and Fury” confirms the dysfunction at the heart of the presidency

<b>Fire and Fury: Inside the Trump White House.</b> By Michael Wolff. <i>Henry Holt; 336 pages; $14.99. Little, Brown; £20.</i><p>TO THE many ironies of Donald Trump’s …