EV startup Rimac scores $90M investment from Hyundai and Kia

Rimac Automobili, the European EV startup that landed an investment from Porsche last year, has again gained the backing of traditional automakers after Hyundai Motor Company and Kia Motors jointly invested €80 million, or around $90 million. Beyond the significant cash infusion, the three parties said the deal includes “a strategic partnership to collaborate on […]

Facebook says it filed a US lawsuit to shut down a follower-buying service in New Zealand

Facebook is cracking down on services that promise to help Instagram users buy themselves a large following on the photo app. The social network said today that it has filed a lawsuit against a New Zealand-based company that operates one such “follower-buying service.” The suit is in a U.S. court and is targeting the three […]

Why we’re looking into the Mueller report

After nearly two years of investigation and months of delays — not to mention partisan bickering the whole time, Special Counsel Robert Mueller’s report on the president’s campaign and Russian interference in the 2016 election is out today. We’re not a politics news site but we’re still looking into it — tech has figured more […]

Telegram gets 3M new signups during Facebook apps’ outage

Messaging platform Telegram claims to have had a surge in signups during a period of downtime for Facebook’s rival messaging services. In a message sent to his Telegram channel, founder Pavel Durov wrote: “I see 3 million new users signed up for Telegram within the last 24 hours.” It’s probably not a coincidence that Facebook […]

The ‘splinternet’ is already here

Keith Wright Contributor Keith Wright is a Villanova School of Business instructor of Accounting and Information Systems, founder of Simplicity On-Demand LLC and former Senior Vice President for Global Sales Operations for SAP. There is no question that the arrival of a fragmented and divided internet is now upon us. The “splinternet,” where cyberspace is […]

The other smartphone business

With the smartphone operating system market sewn up by Google’s Android platform, which has a close to 90% share globally, leaving Apple’s iOS a slender (but lucrative) premium top-slice, a little company called Jolla and its Linux-based Sailfish OS is a rare sight indeed: A self-styled ‘independent alternative’ that’s still somehow in business. The Finnish […]

UK parliament calls for antitrust, data abuse probe of Facebook

A final report by a British parliamentary committee which spent months last year investigating online political disinformation makes very uncomfortable reading for Facebook — with the company singled out for “disingenuous” and “bad faith” responses to democratic concerns about the misuse of people’s data. In the report, published today, the committee has also called for […]

Facebook finds and kills another 512 Kremlin-linked fake accounts

Two years on from the U.S. presidential election, Facebook continues to have a major problem with Russian disinformation being megaphoned via its social tools. In a blog post today the company reveals another tranche of Kremlin-linked fake activity — saying it’s removed a total of 471 Facebook pages and accounts, as well as 41 Instagram accounts, which […]

Apple losses trigger a plunge in US markets

Bad news from Apple and signs of slowing international and domestic growth sent stocks tumbling in Thursday trading on all of the major markets. Investors erased some $75 billion in value from Apple alone… an amount known technically as a shit ton of money. But stocks were down broadly based on Apple’s news, with the Nasdaq […]

TikTok parent ByteDance sues Chinese news site that exposed fake news problem

There’s worrying news from China’s online media world as ByteDance, the $75 billion company behind popular video app TikTok is taking a news site to court for alleged defamation after it published a story about ByteDance’s fake news problem in India. U.S. tech firms have come to rely on media to help uncover issues, but Chinese […]