Cybercrime is on the rise, with over 76,000 cybercrime reports in the 2021-22 year, a jump of nearly 13 percent from the previous period. This is equivalent to one report every eight minutes, compared to every seven minutes in the last financial year, says the Australian Cyber Security Centre (ACSC) in its annual cyber threat…
Cybercrime Reports Surge as Cyberspace Turns Into a ‘Battleground,’ Report Shows
Lyft to Lay Off 13 Percent of Staff in Inflation-Induced Cost-Cutting Push
Ride-sharing company Lyft is laying off 13 percent of its staff, or about 700 employees, excluding drivers, as part of cost-cutting measures amid decades-high inflation in the U.S. economy where the company operates primarily. “We are not immune to the realities of inflation and a slowing economy,” said Lyft co-founders Logan Green and John Zimmer…
Six Sweeping Changes Elon Musk Is Making at Twitter
Industrialist Elon Musk has big plans for Twitter now that he is the owner of the social media juggernaut. From a subscription service to possibly reviving the video app Vine, Musk wants the platform to reach its “extraordinary potential” following his $44 billion takeover. While change is coming to San Francisco-based Twitter, how will the…
Twitter Faces Uncertain Future as Top Managers Leave and Rumors of Job Cuts Swirl
With Elon Musk taking over Twitter, top managers of the company are reportedly exiting the firm, and there are rumors of large layoffs. Sarah Personette, the chief customer officer of Twitter, for example, resigned from her post on Oct. 28. Her work access was officially cut off on Oct. 31. Nick Caldwell, general manager for…
Black Lives Matter Riots Fuelled by Twitter: Study
November 2, 2022
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AustraliaBig Tech, Censorship, and SocialismBlack Lives MatterBusiness & MarketsCompaniescritical race theoryEducation & Family NewsElon MuskFeatured TopicsGettrJason MillerMedia & Big TechTechTech NewsTwitterUSUS NewsWorld
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Social media platform Twitter played a critical role in helping Black Lives Matter with organising and spreading information during the peak of the movement, according to a new study. The analysis by the Australian National University looked at 118 million tweets over a two-year period from 2020 to 2021. “For activists, we can see protests…
Bitcoin, Ethereum ETFs Delisted in Australia as Crypto Winter Continues
November 2, 2022
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AustraliabitcoinBusiness & MarketsCompaniescosmos asset managementcryptocurrenciescryptocurrencyEthereumMarketsTechTech NewsWorld
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Cosmos Asset Management is looking to delist two of its cryptocurrency exchange-traded funds (ETFs) from the Cboe stock exchange in Australia owing to the downturn in digital assets that started at the end of last year. Cosmos, based in Sydney, intends to delist its Purpose Bitcoin Access ETF (CBTC) and Purpose Ethereum Access ETF (CPET),…
China Likely Poses ‘Single Biggest’ Cybersecurity Threat to UK: NCSC
November 2, 2022
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ChinacybersecurityEurope-China RelationsGCHQInternational RelationsNCSCSpecial TopicsTechTech CompetitionTech NewstechnologyUKWorld
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While the threat from Russia has been “particularly obvious,” China will likely be “the single biggest factor” affecting the UK’s technology, Britain’s cybersecurity boss said on Tuesday. It comes as a government minister confirmed again that China has become a “long-term strategic threat” to the UK. Launching the National Cyber Security Centre’s (NCSC’s) sixth annual…
Twitter ‘Staying Vigilant Against Attempts to Manipulate Conversations About the 2022 US Midterms’ After Musk Takeover
November 2, 2022
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2022 Midterm ElectionsBusiness & MarketsChinese networksChinese spam botsCompanieselection interferenceIranian botsPoliticsTechTech Newstwitter content moderationtwitter moderatorsUSUS News
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Twitter took down six “inauthentic” networks with technical links to China and Iran that had sent tweets about the upcoming November midterm elections, according to an independent analysis, which stated that the actors sought to amplify strong views on polarizing issues in American politics. “We’re staying vigilant against attempts to manipulate conversations about the 2022…
Elon Musk Reveals Cost of ‘Twitter Blue’
Elon Musk highlighted on Tuesday that Twitter will charge $8 per month for its “Blue” subscription service in the United States as he seeks to boost the numbers of the sought-after “verified” badge and remove spam bots. “Twitter’s current lords [and] peasants system for who has or doesn’t have a blue checkmark is [expletive],” the Tesla CEO…
Musk Responds to Users Over Whether Trump Will Return to Twitter
Elon Musk on Oct. 31 weighed in on the widely-discussed possibility that former President Donald Trump would return to Twitter, days after taking over the social media platform. “If I had a dollar for every time someone asked me if Trump is coming back on this platform, Twitter would be minting money!” Musk wrote in a…
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