John Bolton in UK to meet Johnson and Brexit hardliners

US security adviser expected to urge tougher line on Tehran and Chinese tech firm Huawei John Bolton, the hawkish US national security adviser, has started two days of meetings in London with key figures in Boris Johnsons government as the US pitches to steer a post-Brexit UK further away from Europe on a range of issues including trade, the role of the Chinese technology firm Huawei. Bolton is the most senior Trump official to visit since Johnson became prime minister, …

In Pete Buttigieg, venture capitalists see a campaign to invest in

VC support for Mayor Pete seems to top that of other Democratic candidates with strong ties to the industry Hes young, hes white, he went to Harvard, and he loves to talk about data. If Pete Buttigieg had a product and a pitch deck, Silicon Valleys lining up to get in on his startups seed round. But with the 37-year-old Buttigieg intent on seeking a position in the gasp public sector, tech industry VCs instead appear interested in investing in …

The Great Hack review searing expos of the Cambridge Analytica scandal

This chilling documentary lays bare the cynicism and chaos surrounding the data research company that harvested information from millions of Facebook users Data rights are human rights is the rallying cry of this gripping, challenging documentary by Karim Amer and Jehane Noujaim, about the biggest scandal of our time: the gigantic question mark over the legality of Trump campaign, the Leave.EU campaign and many other reckless electoral adventures all over the world and their connection with Facebook users and their …

‘Wizard’ hacker charged after financial records of nearly every Bulgarian exposed

Cyber attack compromised records on incomes, tax, health insurance and loans of millions of people A 20-year-old cybersecurity worker has been arrested in Bulgaria and charged with hacking the personal and financial records of millions of taxpayers, as police continue to investigate the countrys biggest ever data breach. Bulgarias NRA tax agency is facing a fine of up to 20m ($22.43m) over the hack, which was revealed this week and is thought to have compromised the records of nearly every …

US lawmakers hammer Facebook exec over Libra’s threat to privacy

House members challenge company over its plans to protect data and question its goals in latest clash on Capitol Hill Facebook once again faced intense questioning from US lawmakers over the future launch of its cryptocurrency project Libra, in a combative hearing that highlighted deep skepticism over the tech firms possibly entering the banking world following a slew of privacy scandals. Members of the US House financial services committee grilled the questioned Facebook on Tuesday about similar matters. Though some …

France hits back at US over tax on digital giants

US has said it will investigate planned levy on firms such as Amazon and Facebook France has hit back at a US investigation into a Facebook and Amazon are able to book profits in low-tax countries no matter where the revenue originates from. Paris has pledged to drop its tax as soon as an international agreement is reached at the Organisation for Economic Co-operation and Development to overhaul decades-old cross-border tax rules for the digital era. lyse officials have called …

Corbyn wishes Amazon ‘many happy tax returns’ on its 25th anniversary

Labour leader sends barbed message to the online retailers founder, Jeff Bezos The Labour leader, Jeremy Corbyn, has sent a barbed birthday card to Jeff Bezos to mark Amazons 25th anniversary, wishing the company many happy tax returns and demanding it pays more UK tax, pays its staff better and improves working conditions. Amazon UK only 1.7m in corporation tax in 2017, its most recent annual public filing at Companies House, as pre-tax profits tripled to 72m. Turnover at its …

Its not that weve failed to rein in Facebook and Google. Weve not even tried | Shoshana Zuboff

The tech giants use our data to change our behaviour. Heres how we can resist it, says academic Shoshana Zuboff In a BBC interview last week, Facebooks vice-president, Well move much faster than any government.Then, in 2013, Google co-founder Google Glass, Facebook giving private information to developers, and more. Each of these was an expression of a larger breakthrough: the invention of what I call surveillance capitalism. Surveillance capitalism is not the same as digital technology. It is an economic …

EU to run war games to prepare for Russian and Chinese cyber-attacks

Ministers to be put in fictional scenarios after series of hacking incidents The EU is to conduct war games to prepare for Russian and Chinese cyber-attacks, in response to a series of incidents that alarmed European governments. Pekka Haavisto, Finlands foreign minister, said an increase in the prevalence of meddling required a reaction from the 28 member states. During meetings in Helsinki in July and September, EU interior and finance ministers will be asked to manage fictional scenarios. Finland, which …

Facebook’s Libra cryptocurrency faces questions from international regulators

Chair of Financial Stability Board says companys plans could spark closer scrutiny of cryptocurrencies Facebooks Libra cryptocurrency is facing increasing skepticism from international regulators financial instruments. Quarless comments mark the first time a senior US regulator has spoken of how they might approach Libra, which aims to transform the global payments markets. Quarles said that while the board did not plan to discuss the issue at this weeks G20 summit in Japan and crypto-assets like Libra did not currently pose …