Author: psdk

Canadian privacy officials concluded that TikTok does not adequately safeguard children’s personal data. They said the platform allows underage access and misuses sensitive information. Children continue using the platform Hundreds of thousands of Canadian children access TikTok each year. The company maintains the service is not for users under 13. Investigators confirmed that many minors still use the app. Sensitive data used for advertising The inquiry revealed that TikTok collected personal information from large numbers of children. The platform then used this data to target ads and tailor content. Officials warned these practices could harm young users. Company pledges stronger…

Porsche shares dropped more than seven percent on Monday after the company confirmed setbacks in its electric vehicle plans. The automaker had already warned that weaker demand would hit its 2025 earnings. Volkswagen shares also fall Parent company Volkswagen saw its stock decline by over seven percent on the same day. It pledged billions to refresh Porsche’s line-up, raising investor concerns. The drop highlights the pressures European carmakers face from Chinese competitors and a slowing economy. Profit forecast cut Porsche lowered its profit margin outlook from as high as seven percent to two percent or less. It cited US tariffs,…

Apple has accused European regulators of unfairly targeting its closed ecosystem, saying the EU blocks users from the “magical, innovative experience” that defines the company. “We face a serious threat in Europe,” Greg Joswiak said while unveiling Apple’s latest products and features. The company insists its integrated hardware and software ensure safety and quality, while EU officials argue it excludes competitors and limits fair competition. Years of conflict result in major fine Apple’s dispute with Brussels has lasted for years, peaking in April when the EU fined the company €500m for alleged anti-competitive behaviour in its App Store. The Digital…

US President Donald Trump signed an executive order imposing a $100,000 fee for H-1B visa applicants. The order cites “abuse” of the system and blocks entry unless the fee is paid. Critics say the H-1B programme threatens American jobs. Supporters, including billionaire Elon Musk, argue it helps the US attract top global talent. Gold card offers fast-track for wealthy immigrants Trump also introduced a “gold card” programme to accelerate visas for selected immigrants. Entry fees start at £1m. Commerce Secretary Howard Lutnick joined Trump in the Oval Office on Friday. “A hundred thousand dollars a year for H1-B visas, and…

A TikTok agreement is moving forward. US President Donald Trump and Chinese leader Xi Jinping are expected to review terms on Friday. Officials from both governments recently reached a “framework” deal. Reports suggest TikTok’s US operations could be sold to American investors. If finalised, one analyst called it a “rare breakthrough” in US-China trade relations. It could end a dispute that has dominated headlines for years. Experts are considering what the deal means for TikTok’s 170 million US users and what Beijing could gain. Algorithm remains TikTok’s untouchable treasure Chinese state media called the outcome “win-win”. Trump said, “I’d like…

Meta has presented new smart glasses powered by artificial intelligence. The company wants to make them essential accessories worldwide. Launch at Meta Connect At the Meta Connect developer conference, CEO Mark Zuckerberg announced several devices in partnership with Ray-Ban and Oakley. Meta also introduced a so-called neural wristband. It connects to the Meta Ray-Ban Display glasses and allows users to send messages with small hand gestures. The launch took place while Meta continues to face scrutiny over the impact of its products. Critics point especially to risks for children. Zuckerberg called the technology a “major scientific breakthrough.” He spoke before…

Food prices rose again in August, marking the fifth consecutive monthly increase. Official figures show the fastest pace since early last year. The cost of food and non-alcoholic drinks climbed at an annual rate of 5.1%. Beef, butter, milk and chocolate saw steep price surges. While food costs jumped, slower growth in other areas such as air fares kept overall inflation at 3.8%. That matches July’s figure. Economists explained supermarkets are passing higher wage and National Insurance costs onto shoppers through price increases. Bank of England faces pressure Inflation still exceeds the Bank of England’s 2% target. Markets expect the…

US President Donald Trump announced that he will sue the New York Times for 15 billion dollars over what he calls defamation and libel. Trump declared on his platform Truth Social that the newspaper has lied and smeared him for too long and that this will now stop. Attack on endorsement of Kamala Harris The president criticised the Times for endorsing Kamala Harris in the 2024 election. He claimed the paper had become a mouthpiece for the Democratic Party. Trump revealed that his lawsuit will be filed in Florida, a Republican stronghold. The New York Times has not yet responded…

The technology giant Alphabet, owner of Google, has announced a £5bn ($6.8bn) investment in artificial intelligence in the UK. The money will go into infrastructure and scientific research over the next two years. It marks the first in a series of large US investments revealed shortly before President Donald Trump’s state visit. Alphabet highlights opportunities in UK science Ruth Porat, president and chief investment officer of Alphabet, said there were “profound opportunities in the UK” for its “pioneering work in advanced science.” She explained this during an exclusive interview with a British broadcaster. On Tuesday, Alphabet will officially open a…

Lawyer Henry Clack has grim experience with Nigerian criminal gangs. Clack, a solicitor at London-based law firm HFW, represents shipping firms hit by cyber attacks. He says Nigerian organised groups are the most common counterparties. They have carried out several high-value “man-in-the-middle” frauds in recent years. How hackers trick the shipping industry This fraud allows hackers to intercept communication between two parties. They then impersonate both sides to steal log-in details, financial data, or even control of a company’s system. Criminals later demand payment to release stolen data or to give up control of computers. HFW data shows hacking in…