Treasury Nominee Yellen Is Looking To Curtail Use of Cryptocurrency

An anonymous reader quotes a report from Ars Technica: Cryptocurrencies could come under renewed regulatory scrutiny over the next four years if Janet Yellen, Joe Biden's pick to lead the Treasury Department, gets her way. During Yellen's Tuesday confirmation hearing before the Senate Finance Committee, Sen. Maggie Hassan (D-N.H.) asked Yellen about...

1h

China Plans Online Payment Rules That May Hit Ant, Tencent

hackingbear writes: People's Bank of China, the country's central bank, said on Wednesday that any non-bank payment company with half of the market in online transactions or two entities with a combined two-thirds share could be subject to antitrust probes, potentially dealing another blow to financial technology giant Ant Group Co. and its biggest...

4h

Biden Rejoins Paris Climate Accord, Works To Overturn Trump's Climate Policies

During his first moments in the Oval Office on Wednesday, President Biden returned the United States to the Paris climate accord and directed federal agencies to begin unraveling Donald Trump's environmental policies. The Washington Post reports: Biden's executive order recommitting the United States to the international struggle to slow global warming...

5h

Kia Will Lead Apple Car Project Work Under Hyundai Motor, Report Says

Hyundai Motor, the parent automaker of Hyundai and Kia, will task the Kia division with Apple Car work. The brand also said on Wednesday it's looking at cooperation with foreign firms surrounding self-driving and electric vehicles. CNET reports: Kia made no mention of Apple, though the comment follows the reported connections to the tech giant. Earlier...

6h

A Chinese Hacking Group Is Stealing Airline Passenger Details

An anonymous reader quotes a report from ZDNet: A suspected Chinese hacking group has been attacking the airline industry for the past few years with the goal of obtaining passenger data in order to track the movement of persons of interest. The intrusions have been linked to a threat actor that the cyber-security has been tracking under the name of...

6h

In Hidden Message on White House Website, Biden Calls For Coders

The recently updated website for President Joe Biden's White House carried an invitation for tech specialists savvy enough to find it. From a report: Hidden in the HTML code on www.whitehouse.gov was an invitation to join the U.S. Digital Service, a technology unit within the White House. "If you're reading this, we need your help building back better,"...

7h

Opera Now Has a Game Engine To Go With Its Gamer-Focused Browser

Opera has acquired YoYo Games, a British game development platform best known for GameMaker Studio 2, and is launching its Opera Gaming division. Engadget reports: Opera has bought the company for a simple reason: Opera GX. The gamer-focused web browser was launched in early access back in June 2019. Its headline feature is a slide-out control panel...

8h

LG Considers Exiting Smartphones In 2021

After losing around $4.5 billion over the past five years, LG is considering exiting the smartphone market in 2021. The Verge reports: The Korea Herald reports that [LG CEO Kwon Bong-seok] sent out an internal memo to staff on Wednesday, hinting at a change in direction for LG's phone business. "Since the competition in the global market for mobile...

8h

CentOS Is Gone -- But RHEL Is Now Free For Up To 16 Production Servers

An anonymous reader quotes a report from Ars Technica: Last month, Red Hat caused a lot of consternation in the enthusiast and small business Linux world when it announced the discontinuation of CentOS Linux. Long-standing tradition -- and ambiguity in Red Hat's posted terms -- led users to believe that CentOS 8 would be available until 2029, just like...

9h

Ajit Pai is Officially Out of the FCC

Ajit Pai, the man who killed net neutrality, enacted a series of industry-friendly deregulatory moves for big telecom, and drank from a gigantic mug, is no longer around to terrorize the internet. The FCC confirmed to Motherboard that Pai is officially gone: "Federal Communications Commission Chairman Ajit Pai today concluded his four years as Chairman,...

10h