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Techlife News #415

Read the most relevant news of the week about the world of technology and its influence on our lives. New products, Apps, acquisitions in the industry, highlights about the digital world and everything about your favorite iGadgets and upgrades. Everything you need to keep well informed. A new concept of light, intelligent, innovative reading at your fingertips. A global view of Tech LifeStyle and its influence on our lives.

Country:
United States
Language:
English
Publisher:
Ivan Castilho de Almeida
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52 Issues

IN THIS ISSUE

2 min.
global plan aims to better tax digital business

A global economic body has proposed overhauling the way multinationals - particularly tech giants - are taxed to make sure they pay their fair share in countries where they do significant business. The plan from the Paris-based the Organization for Economic Cooperation and Development, which advises 134 countries, comes after France and the United States agreed in August to find a way to better tax digital businesses by mid-2020. The proposal, which applies to multinationals in all sectors, would re-allocate some tax revenue to countries where big companies like Google, Facebook, Amazon and Apple “have significant consumer-facing activities and generate their profits,” the OECD said. Currently, multinationals tend to pay most of their tax in the country where they are based. That’s particularly true for business carried out online, such as ad…

3 min.
facebook ceo to appear before congress on currency plan

Facebook CEO Mark Zuckerberg will appear before Congress this month as the tech giant is under pressure from lawmakers and regulators over its massive market power and record of privacy breaches. Rep. Maxine Waters, the California Democrat who heads the House Financial Services Committee, announced Wednesday that Zuckerberg will testify at a hearing by the panel on Oct. 23. The focus will be on Facebook’s plan to create a digital currency and its role in housing. The company agreed in a legal settlement in March to overhaul its ad-targeting systems to prevent discrimination in housing, credit and employment ads. Lawmakers from both parties and top regulators, including Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell, have criticized Facebook’s plan for the new currency, expressing concern that it could be used…

1 min.
twitter says it mistakenly used phone numbers for ads

Twitter says it mistakenly used the phone numbers and email addresses people provided for security purposes to show advertisements to its users. The company said that it “inadvertently” used the emails and phone numbers to let advertisers match people to their own marketing lists. Twitter is not saying how many users were affected. The company also says that it did not share personal data with advertisers or other third parties. Twitter says it fixed the problem as of September 17. Facebook settled with the Federal Trade Commission earlier this year over its privacy missteps. In addition to a $5 billion fine, the settlement included limits on how Facebook shares data with third parties. Facebook also agreed not to use phone numbers given for security purposes to advertise to people.…

3 min.
meet twitch, amazon’s live-streaming video site

The attacker who killed two people in a shooting at a German synagogue live-streamed the assault on Twitch, a video service owned by Amazon. It was one of the first violent attacks streamed on the service, which is best known for letting people watch others play competitive video games. Here’s what you need to know about Twitch. WATCHING PEOPLE PLAY Twitch is a site where people can livestream video games as they’re playing, usually providing tips and commentary while others watch. The platform has boomed in popularity over the last few years, and played a key role in boosting the spread of “esports,” or competitive video gaming. Popular Twitch gamers can have millions of followers. The platform itself has more than 100 million monthly users. NON-VIDEO GAME VIOLENCE The German shooting may have been the first…

1 min.
‘big bang theory’ gets shout out to nobel prize announcement

Life imitated art Tuesday when “The Big Bang Theory” — the American TV sitcom, not the scientific explanation for how the universe began — entered the annals of Nobel Prize history. The announcement of the winners of this year’s Nobel in physics began with a nod to an unlikely cultural reference: the opening lyrics to the show’s theme song. “The Big Bang Theory” had its finale in May. In the episode, two of the main characters, Sheldon and Amy, win the physics prize. “Our whole universe was in a hot, dense state, then nearly 14 billion years ago expansion started,” academy member Ulf Danielsson said, quoting “The Big Bang” theme at the presentation in Stockholm. A Canadian-American scientist and two Swiss scientists won the physics prize for their work in understanding how the…

1 min.
eu police: cybercrime threats now focus on profits, data

Cybercriminals are using new technology and exploiting existing online vulnerabilities as they shift their focus to larger and more profitable targets, the European Union’s police agency said in a report published this week. Europol said in its annual Internet Organized Crime Threat Assessment report that since digital data is a key target “data security and consumer awareness are paramount for organizations.” “While we must look ahead to anticipate what challenges new technologies, legislation, and criminal innovation may bring, we must not forget to look behind us,” Europol Executive Director Catherine De Bolle said. ”‘New’ threats continue to emerge from vulnerabilities in established processes and technologies.” The report, which is intended to give police and policy makers an overview of cybercrime trends, also referred to what the authors called “data overload” in efforts…