May 9, 2022
Gucci stores to accept cryptocurrencies in US
Italian luxury brand Gucci will start accepting payments in cryptocurrencies in some of its stores in America. Customers will be able to pay using a number of cryptocurrencies, including Bitcoin, Ethereum and Litecoin.The service will be rolled out…
April 26, 2022
Elon Musk strikes deal to buy Twitter for $44bn
The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock.He also called for a series of…
April 25, 2022
Twitter board meets Musk to discuss bid, reports say
Twitter's board reportedly met Elon Musk over the weekend to explore his $43bn (£33.6bn) takeover offer for the social media platform. After the Tesla boss first revealed his bid, Twitter's management announced a so-called "poison pill" strategy to…
April 19, 2022
Microchip implants that let you pay with your hand
Patrick Paumen causes a stir whenever he pays for something in a shop or restaurant.This is because the 37-year-old doesn't need to use a bank card or his mobile phone to pay. Instead, he simply places his left hand near the contactless card reader,…
April 7, 2022
EpicGames and Xbox has raised $144m USD to aid humanitarian efforts in Ukraine
The Fortnite maker announced on 21 March it would donate all proceeds from in-game sales, including cosmetic in-game items and virtual currency bought in a shop or online, until 3 April. And Xbox, part of Microsoft, is also donating the fee it would…
April 7, 2022
Elon Musk becomes Twitter biggest shareholder
Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing. The announcement sent Twitter shares soaring by more than 27% in New York trading on Monday. Tesla's chief executive owned 73,486,938 shares in the social media…
April 1, 2022
China’s WeChat suspends some accounts linked to NFTs
China's popular WeChat messaging app has suspended some accounts linked to non-fungible tokens (NFTs), to prevent speculation in the digital assets. The platform says it has "rectified" accounts which it found to be promoting NFT market speculation,…
March 27, 2022
Oxford teen accused of being multi-millionaire cyber-criminal
A 16-year-old from Oxford has been accused of being one of the leaders of cyber-crime gang Lapsus$. The teenager, who is alleged to have amassed a $14m (£10.6m) fortune from hacking, has been named by rival hackers and researchers. City of London…
March 27, 2022
Officials believe Russia hacked Ukrainian satellite communications
Russia is believed to have hacked US satellite communications provider Viasat on the day of its invasion of Ukraine. Western intelligence agencies have been investigating the incident and while they have not yet made a public accusation, they…
March 22, 2022
Russia ‘exploring’ US cyber-attacks
President Joe Biden said on Monday that intelligence indicated a growing Russian cyber threat to the US. He said Russia was "exploring" cyber attack, but the US would use "every tool" to prevent and respond to such a move. Mr Biden suggested Moscow…