Elon Musk Suspends Use of Bitcoin for Tesla Purchases
According to company CEO Elon Musk, Tesla will reject bitcoin for car purchases due to environmental concerns. A number of Tesla investors and environmentalists are skeptical about how Bitcoin will be “mined,” as it consumes huge amounts of electricity generated by fossil fuels, particularly coal. Bitcoin fell more than 10% after Musk tweeted his decision […]
Low-Income Families Can Apply For Internet Service Discounts
The Federal Communications Commission (FCC) will offer a rebate of up to $50 per month for eligible American families and up to $75 for households that qualify for Tribal land under the Emergency Broadband Benefit Program. The Internet rebate, granted under a COVID-19 assistance program, also gives low-income families a $100 discount when they buy […]
EU Courts Side With Amazon In Luxembourg Tax Case
European courts have ruled out an order by the European Commission requiring Amazon to pay €250 million in back taxes to Luxembourg for so-called “illegal state aid.” The case started after the European Commission concluded that Luxembourg had given undue tax advantages of around €250 million ($303 million) to Amazon following an investigation into Amazon’s […]
German Regulators Ban Facebook From Using WhatsApp Data
A recent order by the Hamburg Commissioner for Data Protection and Freedom of Information (HmbBfDI) prohibited Facebook from processing the data of Whatsapp users for the next three months. The announcement comes after German data protection commissioners launched legal action last month to stop Facebook from collecting and using data from WhatsApp users for its […]
Microsoft’s Patch Tuesday Fixes 55 Flaws, 3 Zero-days
Microsoft has fixed a total of 55 vulnerabilities after the three zero-day vulnerabilities were recently discovered and patched on Microsoft’s Patch Tuesday in May 2021. The three zero-day vulnerabilities have been publicly disclosed but are not known to be used in attacks or exploited in the wild. Threat actors are expected to analyze the patches […]
