Big banks are making it harder and more expensive for consumers to use fintech and crypto apps, which amounts to what could be seen as “Operation Chokepoint 3.0.” That’s according to Alex Rampell, General Partner at venture capital firm Andreessen Horowitz (a16z). In its latest fintech newsletter, Rampell pointed to traditional financial institutions charging high … Read more
An Australian regulator, after using new powers to make the tech giants share information about their methods, accused Apple and Microsoft not doing enough to stop child exploitation content on their platforms. The e-Safety Commissioner, an office set up to protect internet users, said that after sending legal demands for information to some of the … Read more
The U.S. National Labor Relations board accused Apple of interfering with workers’ rights to collectively advocate for better working conditions by restricting their use of social media and workplace messaging app Slack, the agency said on Friday. The NLRB complaint, issued on Thursday, accuses the iPhone maker of maintaining unlawful work rules around the acceptable … Read more
Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices and iCloud accounts while also barring them from discussing their pay and working conditions. The complaint filed in California state court on Sunday by Amar Bhakta, who works in digital advertising for Apple, claims the company requires employees to install … Read more
The founders of the crosschain bridge Across Protocol have been accused of siphoning $23 million of funds to their own for-profit company. In a Friday X thread, Ogle — the pseudonymous founder of layer-1 project Glue and onchain sleuth — accused some founders of Across Protocol of covertly manipulating decentralized autonomous organization (DAO) votes to … Read more
The Russia-based actor Star Blizzard (formerly known as SEABORGIUM) continues to successfully use spear-phishing attacks against targeted organizations and individuals in the UK and US, as well as other geographical areas of interest, for information-gathering activity. That’s according to an international cyber security advisory from multiple governments which states that Star Blizzard (also known as … Read more