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“# Digital Currency Group sells $700M of shares for investors to take profits ” Digital Currency Group (DCG), one of the largest companies in the cryptocurrency industry, has completed a major secondary investment round led by Japanese financial giant SoftBank. DCG has sold $700 million worth of shares to companies like Google’s parent company, Alphabet,…
https://s3.cointelegraph.com/audio/75219.ddf8bc97-4041-40fe-89f2-7d0f89fe5d90.mp3 2021 has been a breakout year for the cryptocurrency sector, as the passage of the first Bitcoin (BTC) exchange-traded fund (ETF) is a sign that crypto is becoming more mainstream and has the potential to lead to an increase in investors’ exposure to BTC.The influx of new participants into the market throughout the year…
“# YouTube channels hacked and rebranded for live-streaming crypto scams ” A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams. The TAG attributes the attacks to a group of hackers recruited in a…
“#How to stop your phone and other devices from listening to you” If you’ve ever thought someone was secretly eavesdropping on you, you’re right. Smartphones and other devices can hear and record what you say, as proven by a now-viral TikTok that showed thousands of audio files recorded on a woman’s Echo and Dot speakers…
“#Supply chain crisis is hurting Facebook, Google and Snapchat” The escalating supply chain crisis isn’t just hurting manufacturers and retailers that sell goods off the shelf — it’s bleeding into the tech world. Companies that sell everything from toys to clothes to cosmetics are having difficulty getting their products into the United States thanks to…
“#Google ad business like ‘if Goldman owned the NYSE,’ suit says” Google used its monopoly power to rig the online advertising market and squash competition, including by colluding with Facebook — and one employee compared the plot to a mega-bank like Goldman Sachs owning the New York Stock Exchange, according to a newly unredacted court…
“#Google cuts Play Store fees in half after barrage of criticism” Alphabet Inc-owned Google said on Thursday it is lowering the fee that subscription-based apps need to pay Play Store to 15% right from day one, following criticism about its fee structure from companies such as Spotify. Currently, developers pay a 30% subscription fee in the first…
“# Breaking Google’s monopoly: Internxt pushes decentralized cloud as privacy concerns grow ” Privacy-focused blockchain file storage service Internxt has a lofty vision: leverage decentralized technology to break Big Tech’s monopoly over user data. Its first product, Internxt Drive, aims to compete as an alternative to Google Drive and Dropbox — without compromising personal privacy…
“#Google to debut new Pixel 6 smartphones, subscription service” Google on Tuesday announced the newest iteration of its smartphone — Pixel 6 and Pixel 6 Pro — which will be powered by the company’s first chip called Tensor. The technology giant, owned by Alphabet, also launched Pixel Pass, a subscription service starting at $45 per…
“#Facebook to pay $14M to settle discrimination claims” Facebook has agreed to pay more than $14 million to settle Trump-era claims that it discriminated against American workers when filling lucrative jobs, the Justice Department said Tuesday. According to federal prosecutors, Facebook had set aside more than 2,600 US-based jobs — most of which paid six-figure…