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Economy Technology

Twitter Followers of US Government Accounts Won’t Transfer to Biden

By Ytech on Wednesday, December 23, 2020

Twitter said Tuesday it would not automatically transfer the millions of followers of official Trump administration accounts to the incoming Biden administration but instead would give users the option to continue or not. The move affects followers of government-led accounts such …

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Economy Technology

US Lawmakers to Allocate Nearly $2B to Replace Chinese Telecom Equipment, Source Says

By Ytech on Monday, December 21, 2020

U.S. lawmakers are expected to endorse $1.9 billion to fund a program to remove telecom network equipment that the U.S. government says poses national security risks as part of a year-end spending bill and COVID-19 bill, a source briefed on …

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Economy Technology

Growing Calls for US to Retaliate for Massive Cyber Hack

By Ytech on Friday, December 18, 2020

U.S. lawmakers briefed on the massive cybersecurity breach that has impacted government agencies and the private sector are calling for the country to act, warning that so far, all evidence is pointing to Russia as the culprit. The admonitions, from both …

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Economy Technology

China Turns Up Heat on Country’s Tech Giants

By Ytech on Friday, December 18, 2020

In recent weeks, Chinese regulators have cracked down on some of the country’s biggest and most powerful technology companies, illustrating the immense market power of these companies, which has drawn concern from the government. On Monday, the State Administration for Market …

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Economy Technology

Alibaba Facial Recognition Tech Specifically Picks Out Uighur Minority, Report Shows

By Ytech on Friday, December 18, 2020

Technology giant Alibaba Group Holding Ltd. has facial recognition technology that can specifically pick out members of China’s Uighur minority, surveillance industry researcher IPVM said in a report. Alibaba itself said it was dismayed a unit developed software that can tag …

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Economy Technology

38 States Sue Google Over Antitrust Complaints

By Ytech on Thursday, December 17, 2020

The lawsuits against Alphabet Inc.’s Google continue to pile up. On December 17, 38 states filed a joint antitrust complaint that accuses the tech giant of expanding its search monopoly through smart speakers, televisions and cars, according to Reuters. It is …

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Economy Technology

Trump Administration, Biden Voice New Alarm About Latest Cyberattack

By Ytech on Thursday, December 17, 2020

U.S. President Donald Trump’s administration and President-elect Joe Biden both voiced new alarm Thursday about a wide intrusion into computer systems around the world that officials suspect was carried out by Russia.The cybersecurity unit of the U.S. Department of Homeland …

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Economy Technology

US Says Recent Hacking Campaign Hit Government Networks

By Ytech on Thursday, December 17, 2020

The U.S. government confirmed on Wednesday that a recent hacking campaign affected its networks and said the attack was “significant and ongoing.”Hackers believed to be working for Russia have been monitoring internal email traffic at the U.S. Treasury and Commerce …

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Economy Technology

10 States Sue Google for ‘Anti-Competitive’ Online Ad Sales

By Ytech on Thursday, December 17, 2020

Ten states on Wednesday brought a lawsuit against Google, accusing the search giant of “anti-competitive conduct” in the online advertising industry, including a deal to manipulate sales with rival Facebook.Texas Attorney General Ken Paxton announced the suit, which was filed …

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Economy Technology

EU Unveils New Rules to Curb Technology Companies

By Ytech on Wednesday, December 16, 2020

The Digital Services Act and the Digital Markets Act have just been presented in Brussels. These proposed policies aim to revise all the principles that apply to digital services within the 27 member states — from the publication of illegal …

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Economy Technology

Facebook’s Antitrust Fight in US Could Mean More Consumer Choice Worldwide

By Ytech on Wednesday, December 16, 2020

The U.S. government’s suit against Facebook for illegally stifling competition and limiting consumer choice will be watched worldwide, particularly by the social network’s more than two billion users. Tina Trinh reports.  Produced by: Tina Trinh     …

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Economy Technology

Hackers Used SolarWinds’ Dominance Against it in Sprawling Spy Campaign

By Ytech on Wednesday, December 16, 2020

On an earnings call two months ago, SolarWinds Chief Executive Kevin Thompson touted how far the company had gone during his 11 years at the helm. There was not a database or an IT deployment model out there to which his …

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Economy Technology

Britain to Introduce New Laws Over ‘Harmful’ Social Media Content 

By Ytech on Tuesday, December 15, 2020

Lawmakers in Britain have proposed legislation that would fine social media companies if they do not quickly take action to remove illegal content like child pornography or terrorist materials. U.S. based Facebook and Twitter and China-owned TikTok could be fined up …

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Economy Technology

Apple Adding Privacy Fact Labels to App Store Items

By Ytech on Tuesday, December 15, 2020

Apple on Monday began adding labels that reveal what user data is gathered by games, chat or other software offered in the App Store for its popular mobile devices. The iPhone maker announced plans for such privacy labels when it first …

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Economy Technology

Advertisers Boycott Facebook, Demand Changes

By Ytech on Friday, July 3, 2020

Companies such as Coca-Cola, Adidas, Ford and Lego are boycotting Facebook this month, pulling ads that appear on the social network in the United States. Some advertisers are part of an organized boycott demanding the company do more to crack …

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Economy Technology

Twitter Removes Image Tweet by Trump Over Copyright Complaint

By Ytech on Thursday, July 2, 2020

Twitter Inc has taken down an image tweet by the U.S. President Donald Trump on June 30, in response to a report from a copyright holder. Twitter now displays the message “This image has been removed in response to a report …

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Economy Technology

Reliance on Social Media News Amplifies COVID-19 Conspiracy Theories, Report Finds

By Ytech on Wednesday, July 1, 2020

People who get most of their news from social media like Facebook and YouTube are much more likely to believe conspiracy theories about the coronavirus pandemic, according to research from Kings College London. The report also suggests those reliant on social …

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Economy Technology

Turkish President Calls for Tighter Social Media Controls

By Ytech on Wednesday, July 1, 2020

Turkish President Recep Tayyip Erdogan said Wednesday he would tighten controls on social media, days after remarks were made on Twitter about his daughter and son-in-law.“Turkey is not a banana republic,” Erdogan said in a televised address to his party …

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Economy Technology

In Rare Move, US Clears Limited Cooperation Between US Firms, Huawei

By Ytech on Wednesday, July 1, 2020

In a rare twist to Washington’s long-standing restrictions on the Chinese tech giant Huawei, the Commerce Department recently reversed its ban preventing U.S. firms from working with Huawei on developing new technical standards.The move was seen by many in China …

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Economy Technology

Facebook Bans Violent ‘Boogaloo’ Groups, Not the Term Itself

By Ytech on Tuesday, June 30, 2020

Facebook has banned an extremist anti-government network loosely associated with the broader “boogaloo” movement, a slang term supporters use to refer to a second Civil War or a collapse of civilization. But the platform didn’t try to name the group, underscoring …

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Economy Technology

Presidential Campaigns Embrace Tech to Reach Voters During Pandemic

By Ytech on Tuesday, June 30, 2020

With social distancing as the new pandemic normal, U.S. presidential campaigns were faced with an unprecedented situation. They no longer were able to send out organizers and volunteers to connect with potential voters face-to-face. Intimate, high-dollar fundraising events were also out …

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Economy Technology

Social Media Platforms Face Reckoning Over Hate Speech 

By Ytech on Tuesday, June 30, 2020

For years, social media platforms have fueled political polarization and hosted an explosion of hate speech. Now, with four months until the U.S. presidential election and the country’s divisions reaching a boiling point, these companies are upping their game against …

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Economy Technology

India Bans 59 Chinese Apps Amid Border Tensions

By Ytech on Monday, June 29, 2020

India has banned the use of 59 Chinese-owned apps, including TikTok, citing security concerns Monday, as relations between the two neighbors worsen. In a statement, India’s Ministry of Electronics and IT said it “has decided to block 59 apps since in …

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Economy Technology

Facebook to Label All Rule-breaking Posts — Even Trump’s

By Ytech on Friday, June 26, 2020

Facebook says it will flag all “newsworthy” posts from politicians that break its rules, including those from President Donald Trump.  CEO Mark Zuckerberg had previously refused to take action against Trump posts that suggested mail-in ballots will lead to voter …

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