Back Technology Sunday, June 16, 2019
Search Sections 16 Jun
Close
Advertisement
2h Crypto is coming: get ready to spend Facebook’s money
The Guardian
The social network is likely to release details of its cryptocurrency this week: and it won’t be much like BitcoinFirst it had your friends, then it had your pictures, then it had your diary. Now, in the latest effort to entwine its systems still further into the everyday lives of its users, Facebook wants to get into your wallet. On Tuesday, the social media behemoth is expected to reveal its own cryptocurrency, which has variously been called Libra and GlobalCoin. However, unlike other cryptocurrencies, the new creation will not have been founded in the spirit of libertarianism, outside the backing of established, conventional authorities. Instead, it appears to have the endorsement of more than 12 corporations, from Uber to PayPal, Visa and Mastercard.
 Like Reply

Comments

No comments yet...
Currencies in GBP
EUR 0,90 +0,335%
USD 0,77 +0,784%
CHF 0,78 +0,385%
2h How Silicon Valley’s whiz-kids finally ran out of friends | John Naughton
The Guardian
The tech founders said they were not like the evil capitalists of old. We should have known betterRemember the time when tech companies were cool? So do I. Once upon a time, Silicon Valley was the jewel in the American crown, a magnet for high IQ – and predominately male – talent from all over the world. Palo Alto was the centre of what its more delusional inhabitants regarded as the Florence of Renaissance 2.0. Parents swelled with pride when their offspring landed a job with the Googles, Facebooks and Apples of that world, where they stood a sporting chance of becoming as rich as they might have done if they had joined Goldman Sachs or Lehman Brothers, but without the moral odium attendant on investment backing. I mean to say, where else could you be employed by a company to which every president, prime minister and aspirant politician craved an invitation? Where else could you be part of inventing the future? But that was then and this is now. It’s taken an unconscionable length of time, but the tide of approbation has turned. Tech has suddenly lost its halo. Everywhere one looks, we find groups sharpening knives for a critique or an attack on big tech. In an
 Like Reply
Ransomware cyber attacks are targeting large companies and demanding huge payments.7h Ransomware cyber attacks are targeting large companies and demanding huge payments.
BBC
A Norwegian aluminium producer is recovering after hackers took thousands of computers offline and demanded a ransom.
 Like Reply
Amazon’s Alexa boss Dave Limp on privacy concerns 14 Jun 7:02pm Amazon’s Alexa boss Dave Limp on privacy concerns
BBC
Amazon’s head of Alexa, Dave Limp tells the BBC why his team is researching how to make the voice assistant understand emotion.
 Like Reply
Amazon executive Werner Vogels on the ethics of facial recognition 14 Jun 7:01pm Amazon executive Werner Vogels on the ethics of facial recognition
BBC
Amazon executive Werner Vogels tells the BBC's Dave Lee that the firm is can not be held responsible for how its artificial intelligence technology is used.
 Like Reply
On the top

Date settings

Today is Sunday, June 16, 2019

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept