Today's Top Gadgets & Tech Story

China's cryptocurrency-mining crackdown spreads to Sichuan

SHANGHAI/HONG KONG (Reuters) - China's crackdown on cryptocurrency "mining" has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining centre. Read More

 

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Facebook's 'Neighborhoods' faces crowded niche market, profiling concerns

(Reuters) - When Facebook began testing its new "Neighborhoods" feature in Canada last October amid the COVID-19 pandemic, the tech giant described it as a dedicated place for people to connect with their local communities. More »

 

Exclusive: Google's adtech business set to face formal EU probe by year-end - sources

BRUSSELS (Reuters) - Alphabet unit Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation into its lucrative digital advertising business before the end of the year, said people familiar with the matter. More »

 

Former U.S. Ambassador throws support behind embattled Toshiba board chair

TOKYO (Reuters) - Former U.S. Ambassador to Japan John Roos on Saturday endorsed the continued leadership of Toshiba Corp Board Chairman Osamu Nagayama, who has come under intense pressure to resign amid a deepening crisis at the Japanese conglomerate. More »

 

PayPal overhauls U.S. rates as payments rivalry heats up

NEW YORK (Reuters) -PayPal Holdings Inc will lift merchant costs for its branded payment products while cutting those for behind-the-scenes processing of some Visa and Mastercard transactions, a bold move in an increasingly competitive digital payments sector. More »

 

Exclusive: Google searches for new measure of skin tones to curb bias in products

(Reuters) - Alphabet Inc's Google told Reuters this week it is developing an alternative to the industry standard method for classifying skin tones, which a growing chorus of technology researchers and dermatologists says is inadequate for assessing whether products are biased against people of color. More »

 

Bitcoin falls 7% to $35,431.15

(Reuters) - Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close. More »

 

Spain's BBVA opens Bitcoin trading service to clients in Switzerland

MADRID (Reuters) -Spain's BBVA said on Friday said it was launching a bitcoin trading service for private banking clients in Switzerland interested in digital asset investment. More »

 

Twitter's India woes worsen as police summon chief over viral video

LUCKNOW, India (Reuters) -Police in India have summoned Twitter's top official in the country to answer allegations that the U.S. firm failed to stop the spread of a video that allegedly incited "hate and enmity" between Hindu and Muslim communities. More »

 

Ahead of pivotal AGM, Toshiba board chairman vows to be 'agent of positive change'

TOKYO (Reuters) -Toshiba Corp Board Chairman Osamu Nagayama pledged to be "an agent of positive change, not a protector of the status quo," as he sought support from shareholders ahead of a crucial vote on director nominees next week that is seen as difficult to call. More »

 

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