Following Apple paying 13.1 billion euro ($15.3 billion) in back taxes, the EU antitrust regulator plans to withdraw legal action against Ireland. In 2016 the European Commission ruled that Apple was unfairly given tax breaks in an illegal sweatheart tax deal with the Irish government. Citing that it gave Apple an significant advantage over its…
The UK government’s Treasury Committee has called for greater regulation of cryptocurrencies, citing volatile prices, hacking vulnerabilities, minimal consumer protection, and money laundering risks from anonymity on crypto platforms. Its new report for the government also questions the very premise of cryptocurrencies’ function as a currency, favouring instead the definition ‘crypto-assets’. That assessment echoes Bank of England…
Coinbase has made yet another addition to its C-suite. The cryptocurrency trading platform has hired Brian Brooks, the former executive vice president, general counsel and corporate secretary of Fannie Mae, as its chief legal officer. The hiring is part of the company’s effort to expand its legal, compliance and government affairs teams. Mike Lempres, who…
The startup media is awash with stories of corporate venture capital prioritizing their own interests over those of their portfolio. While acknowledging that some of these stories may have a basis in truth, it’s critical to recognize there is much more to the story. It’s time the whole story is told. The truth is that not all…
The startup media is awash with stories of corporate venture capital prioritizing their own interests over those of their portfolio. While acknowledging that some of these stories may have a basis in truth, it’s critical to recognize there is much more to the story. It’s time the whole story is told. The truth is that not all…
Lyft has officially entered the public transit space with the launch of Nearby Transit, a feature currently available just in Santa Monica, Calif. This comes just a couple of days after Lyft deployed electric scooters in the city. Today, Lyft customers in Santa Monica will see the Nearby Transit option, which includes route information and…
Although the spotlight at this week’s SpaceX event was squarely on Japanese billionaire Yusaku Maezawa — the first paying passenger for the company’s nascent space tourism business — Elon Musk also revealed a wealth of new details about the BFR and just how this enormous rocket and spacecraft will get to the moon and back.…
Sony today announced it was releasing the PlayStation One Classic later this year — the sixty millionth retro console so far (I’m guesstimating). You’d think, now that we’re so deep into this trend, we’d see a little innovation, or at least something other than a tiny hunk of plastic with a couple of emulated games…
The notorious hacking group behind the Ticketmaster and British Airways data breaches has now victimized popular computer hardware and consumer electronics retailer Newegg. Magecart hacking group managed to infiltrate the Newegg website and steal the credit card details of all customers who entered their payment card information between August 14 and September 18, 2018, according…
Google DeepMind demonstrated a few years back that artificial intelligence (A.I.) could learn to play retro video games better than the majority of human players, without requiring any instruction as to how they should accomplish the feat. Now, researchers from Georgia Tech have taken the next logical leap by demonstrating how A.I. can be used to…
