TikTok says it will go dark on Sunday unless Biden intervenes
TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple, Google and other service providers if they support the…
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Digital Currency Group, the crypto firm founded by Barry Silbert, and the former executive of a defunct unit are paying the SEC $38.5 million for misleading investors. In a statement…
Sam Altman posts letter from senators concerned about OpenAI efforts to ‘cozy up’ to Trump
U.S. Senators on Friday expressed concern to OpenAI CEO Sam Altman that he’s attempting to “cozy up to the incoming Trump administration” with the aim of avoiding regulation and limiting…
Bumble founder Whitney Wolfe Herd to return as CEO
Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little more than a year after she stepped down from the role, the company announced Friday. The…
Supreme Court upholds TikTok ban, but Trump might offer lifeline
The Supreme Court on Friday upheld the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban of the popular social video app…
Why tech companies like Amazon, Google and TSMC are flocking to Phoenix
Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball’s Spring Training, retirement…
Bitcoin gains as Trump reportedly plans crypto executive order
Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as day 1 of his…
Tough new EU cyber rules require banks to ramp up security — but many aren’t ready
Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc’s financial services firms aren’t yet in full…
CEO of Chinese smartphone brand Honor resigns due to personal reasons
George Zhao, the chief executive of Chinese smartphone firm Honor, has resigned from his position due to personal reasons, the company said on Friday. “The company and the Board of…
Top EU official denies softer approach to Big Tech, cites ‘very clear legal basis’ for regulation
A leading EU official has denied taking a softer approach to Big Tech, citing a “very clear legal basis” for regulators and pointing to several ongoing investigations into the likes…