Tech

Indonesia Muslim body forbids cryptocurrency trading under Islamic law

Indonesia’s top religious body has declared that Bitcoin and other cryptocurrencies are forbidden under Islamic law and should not be traded in the world’s biggest Muslim majority nation. The country’s powerful Ulema Council issued a fatwah, or religious edict, as virtual currency trading soars in Indonesia and elsewhere. Fatwas have …

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Twitter flags US lawmaker’s anime video on Biden, Ocasio-Cortez for violating policy

Twitter Inc added a warning label on Tuesday to an anime video shared by US Republican lawmaker Paul Gosar, depicting him swinging swords at President Joe Biden and killing Democratic congresswoman Alexandria Ocasio-Cortez. Twitter said the video violated its “hateful conduct” policy and restricted engagement with the tweet, blocking the …

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Apple results hit by supply chain woes

Supply chain woes cost Apple Inc $6 billion in sales during the company’s fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be even worse during the current holiday sales quarter. Cook told Reuters on Thursday the quarter ended Sept. 25 …

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EU to investigate Nvidia’s $54 bln ARM bid, says the deal may harm competition

EU antitrust regulators opened on Wednesday a four-month-long investigation into Nvidia’s $54 billion bid for British chip designer ARM, saying the deal could lead to higher prices, less choice, and reduced innovation. The European Commission said concessions offered by the world’s biggest maker of graphics and artificial intelligence (AI) chips …

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Facebook will fuel further unrest, whistleblower says

Facebook will fuel more violent unrest around the world because of the way its algorithms are designed to promote divisive content, whistleblower Frances Haugen told the British parliament on Monday. Haugen, a former product manager on Facebook’s civic misinformation team who has turned whistleblower, appeared before a parliamentary select committee …

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A New York Times journalist was targeted by Pegasus spyware linked to Saudi Arabia, according to report

New York Times reporter Ben Hubbard had his phone hacked on numerous occasions, and cybersecurity researchers say Saudi Arabia was to blame. The hackers reportedly used the notorious Israeli-made ‘Pegasus’ spyware. Hubbard, a reporter covering the Middle East, wrote on Sunday that a hacking attempt was first made on his …

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Facebook plans to change its name: Report

Social media giant Facebook Inc is planning to rebrand itself with a new name next week, The Verge reported on Tuesday, citing a source with direct knowledge of the matter. Facebook Chief Executive Officer Mark Zuckerberg plans to talk about the name change at the company’s annual Connect conference on …

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Apple expected to unveil new Macs with more powerful chips

Analysts expect Apple Inc to unveil new Mac laptop computers with more powerful processor chips at an event that will be streamed later Monday. Bloomberg has previously reported that Apple plans to release two new MacBook Pro models with 14-inch and 16-inch screens. The Cupertino, California-based company introduced some new …

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Ransomware attacks cost US $59 million in 2021

The US Treasury Department has reported more than half a billion dollars was paid by victims of ransomware cyber-attacks in the first six months of 2021. The ransomware attackers use malicious software that encrypts a victim’s files and holds the data hostage until a ransom is paid. The Treasury’s Financial …

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