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Beset with legal setbacks, Google to spend $500 million in overhaul
Pushed against the wall after three back-to-back lawsuit defeats, Google has now agreed to a sweeping $500 million settlement with shareholders that mandates major internal reforms aimed at curbing anticompetitive behaviour.
Jun 32 min read


Meta rejects proposal to include Bitcoin in its financial reserves
Meta overwhelmingly rejected a shareholder proposal urging the tech giant to evaluate Bitcoin as part of its corporate treasury strategy, according to a recent SEC filing.Â
Jun 12 min read


US restricts sale of key chip-making software to China
The Donald Trump administration has directed US software firms that provide electronic design automation, or EDA, tools to halt sales to Chinese customers
May 292 min read


Trump threatens Apple with 25% tariff if iPhones not made in US
US President Donald Trump on Friday warned that Apple Inc. would face a steep 25 per cent tariff if iPhones sold in the US are not manufactured domestically.Â
May 231 min read


Microsoft says found no evidence its tech was used to harm civilians in Gaza by Israel
Microsoft has said it has found no evidence that its Azure or AI technologies have been used to target or harm civilians in the Gaza conflict, following an internal and external review prompted by employee and public concerns.
May 162 min read


Coinbase hit by data breach, asked $20 million in ransom
Crypto exchange Coinbase has confirmed a major data breach after a hacker stole sensitive customer and corporate data by bribing overseas support contractors.Â
May 151 min read


Trump asks Cook to stop building iPhones in India
US President Donald Trump has asked Apple CEO Tim Cook to not manufacture iPhones in India, and ramp up production in the United States instead.Â
May 151 min read


Elon Musk’s Starlink gets India nod after security assurances, intense lobbying
Elon Musk’s Starlink has secured a long-awaited Letter of Intent (LoI) from India’s Department of Telecommunications (DoT), paving the way for the launch of its satellite internet services in the country.Â
May 82 min read


Pegasus-owner NSO asked to pay WhatsApp $167 million in damages for spying
A US federal jury has ordered Israeli spyware firm NSO Group to pay over $167 million in punitive damages and approximately $444,000 in compensatory damages to WhatsApp over a 2019 cyberattack on the messaging platform.
May 71 min read


Karnataka High Court directs Centre to ban Proton Mail
The Karnataka High Court has directed the Union government to begin proceedings to block the email service ProtonMail in India
Apr 302 min read


Nike faces class action lawsuit over NFT unit shutdown
Nike Inc is facing a proposed class action lawsuit in Brooklyn federal court, filed by purchasers of Nike-themed non-fungible tokens (NFTs) and other crypto assets
Apr 261 min read


WhatsApp launches feature that prevents chat export, auto download of media
Meta-owned WhatsApp has introduced Advanced Chat Privacy, a feature designed to bolster user protection by preventing the export of chats, automatic media downloads, and use of messages for AI functions.
Apr 241 min read
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