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News & Articles By Ramon Tomey
01/27/2022
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By Ramon Tomey
Google SUED by 4 AGs for tracking users without permission
Attorneys general (AGs) from four states sued Google for tracking users without their consent. The bipartisan group of AGs accused the tech giant of monitoring user location data for use in digital advertising. The AGs from the District of Columbia, Texas, Washington and Indiana sued Google in four separate lawsuits. Texas AG Ken Paxton and Indiana […]
01/03/2022
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By Ramon Tomey
Romania approves US-backed bill banning Huawei from its 5G network
Romania has approved a bill backed by the U.S. prohibiting Chinese company Huawei from joining its 5G network. According to a member of the Romanian Parliament, the centrist government in Bucharest approved the bill on April 15. The bill’s approval occurred amid a technology “Cold War” between China and the U.S., with its battleground set in Europe. The […]
12/03/2021
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By Ramon Tomey
Israel tracks phones of citizens positive for omicron variant
Israeli authorities have permitted the country’s intelligence agency to track the mobile phones of people who test positive for the Wuhan coronavirus (COVID-19). The emergency legislation allows the Israel Security Agency (Shin Bet) to monitor phone data in order to locate close contacts of those positive for the the B11529 omicron strain. The Israeli cabinet […]
11/02/2021
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By Ramon Tomey
Supply chain woes hound tech firms as holiday season approaches
The ongoing supply chain issues have hit many companies, including technology firms. Some companies have decided to hit the brakes on advertising given low product stocks. These ad reductions come amid the holiday season, a period traditionally considered profitable for companies. In his Oct. 21 column “Fully Charged” for Bloomberg, tech reporter Mark Bergen wrote: “Tech […]
10/25/2021
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By Ramon Tomey
Supply chain woes claim another victim: London Stock Exchange Group braces for tech-related shortages
The London Stock Exchange Group (LSEG) has warned that supply chain shortages could affect the timing of its technology-related expenditures. The exchange’s warning comes amid its acquisition of data platform Refinitiv following a steady third quarter. It also follows shortages of much-needed microchips, which play a key role in technological expansion. While there was no change to previous cost […]
09/09/2021
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By Ramon Tomey
Cryptocurrency will eventually go to ZERO, investor John Paulson warns, saying it’s scarcity “of nothing”
Legendary investor John Paulson warned that cryptocurrencies such as Bitcoin will eventually go to zero. He said this warning during an Aug. 31 appearance in Bloomberg Wealth with David Rubenstein. Paulson gained prominence after he bet against the U.S. housing market – netting him $20 billion at the cost of kick-starting the worst financial crisis […]
09/09/2021
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By Ramon Tomey
El Salvador adopts bitcoin as legal tender to unsteady start characterized by glitches
The tiny Central American nation of El Salvador saw a rocky start on its first day of adopting the bitcoin cryptocurrency as legal tender. The country passed a law in June 2021 mandating its use as legal currency alongside the U.S. dollar. But the first day of the rollout on Sept. 7 hit a roadblock […]
08/13/2021
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By Ramon Tomey
Hackers target Poly Network crypto platform, steal more than $600 million
Hackers targeted cryptocurrency platform Poly Network and stole $611 million worth of crypto tokens. Poly Network confirmed the hack – suspected to be the largest decentralized finance (DeFi) fraud – on Aug. 10. The platform promised legal action against the hackers and called on crypto exchanges to block the stolen tokens. A Cryptonews report provided […]
07/22/2021
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By Ramon Tomey
Guardian: Data leak reveals JOURNALISTS among Pegasus targets
Smartphones in the hands of people have been a ubiquitous sight for some years now. But most have not yet thought of the possibility that their smartphone could be used as a surveillance tool through programs such as the Pegasus spyware. Worse, most have not yet perused its potential to be used against journalists – […]
07/08/2021
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By Ramon Tomey
Not exactly smart: Study points out issues with smart cities
Many cities have strived to become “smart” by involving 5G and the internet of things (IoT). However, a new study has pointed out a number of issues involving smart cites. Researchers found that issues such as electronic waste generation and cybersecurity threats could arise from cities adopting smart building structures. It also noted the harmful […]
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