Alibaba Co-Founder Jack Ma Appears at Company Event in Hangzhou
Jack Ma, the Alibaba Group Holding Ltd. co-founder who has largely stepped back from the company, made an
2023-06-18 01:15
Reddit down: Site hit by outage as fight over its future continues
Reddit was hit by yet another outage, as the site’s troubles continue. The latest outage is not related to the ongoing action taking place on Reddit, the company said. The forum has been hit by protests and outrage in recent days, in response to a new policy that would see the site charge for access to its data. Reddit said that it was unfair that developers were given free access to its API, which allow them to show posts in third-party apps. But developers said that Reddit’s new pricing was too expensive to be sustainable, and many of the biggest of those apps have now announced they will be permanently shutting down. Those announcements have led to a widespread protest on Reddit, where some moderators announced they would be taking their forums “dark” in an attempt to force a change by the site’s leadership. Those administrators switched those forums to private and hid posts, meaning that they were effectively taken offline. That protest ran from 12 June to 14 June. But many of those administrators have suggested that recent actions by Reddit’s management, and the lack of change on the issue of pricing, will lead them to carry on the protest indefinitely. Amid those issues, Reddit went briefly offline for some users on Thursday evening. The company said that it was “investigating an issue that is causing load failures across web and mobile clients”. Around an hour and a half later, the company said the incident was resolved. But it was the second such technical issue the company has experienced as the protest has continued. Earlier this week, users saw another problem that meant they were unable to get to posts. Reddit spokespeople later confirmed that the first round of problems had been a result of the protests, though the more recent outage was not. The large number of forums being taken on and offline had caused issues for the site’s infrastructure, they said, meaning that it was briefly taken offline. The protests have come at a time of an unusual number of technical issues at Reddit. Between 19 March and 14 May, the site experienced no issues, according to its tracking website – but the last five days have seen two significant problems. Nonetheless, the company still says it is experiencing 99.94 per cent uptime. Steve Huffman, Reddit’s chief executive, has urged Reddit’s staff to continue working on the site and suggested that the protest will eventually pass. Read More Reddit says people will get over outrage and causes further outrage Reddit just went ‘dark’, and the site is in chaos Reddit is in chaos – and it’s CEO has finally responded
2023-06-18 00:46
Binance.US Reaches Agreement With SEC to Avoid Full Asset Freeze
Binance.US and the US Securities and Exchange Commission reached an agreement that avoids a total asset freeze at
2023-06-17 23:22
Binance, SEC strike deal to move all US customer funds, wallet keys back onshore - CoinDesk
(Corrects headline to remove extraneous word) Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal
2023-06-17 13:49
Huawei Protests EU Guideline That Aims to Phase It Out as Vendor
Huawei Technologies Co. Ltd. said the European Commission’s call to recommend excluding its advanced wireless equipment in the
2023-06-17 11:57
Special counsel seeks court order to ensure Trump and his defense don't share materials turned over in discovery
Special counsel Jack Smith's team is asking the judge in the classified documents case against Donald Trump to bar the former president and his defense team from publicly disclosing some of the materials shared in the criminal case as part of the discovery process.
2023-06-17 08:54
Meta lowers the minimum age for its Quest headsets from 13 to 10
Facebook-parent Meta plans to lower the minimum age for its virtual reality headsets from 13 years old to 10 years old, despite pressure from lawmakers not to market its VR services to younger users.
2023-06-17 05:57
Nikola to Cut 270 Jobs as Maker of EVs Seeks to Preserve Cash
Nikola Corp. is cutting 270 jobs as the maker of electric big rigs seeks to reduce costs and
2023-06-17 04:47
SoFi Falls as Trio of Bullish Analysts Retreat After Rally
A trio of Wall Street bulls have moved to the sidelines on SoFi Technologies Inc. this week after
2023-06-17 04:23
Meta's Facebook, Instagram down for thousands of users - Downdetector
(Reuters) -Meta Platforms-owned Facebook and Instagram were down for thousands of users on Friday, according to outage-tracking website Downdetector.com. More
2023-06-17 03:19
What to know about the ransomware attack hitting schools, businesses and government agencies
A growing number of businesses, universities and government agencies have been targeted in a global cyberattack by Russian cybercriminals and are now working to understand how much data was compromised.
2023-06-17 03:17
Musk says vehicle autonomy is 'main driver' of Tesla value
PARIS (Reuters) -Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on
2023-06-17 00:58