Google fined €50m as France uses new EU privacy law

Alphabet’s Google was at the receiving end of a hefty fine of €50m by France’s privacy regulator, which used its new powers to levy much higher penalties for the first time under European Union data protection rules. France’s data authority CNIL said the amount of the fine was “justified by the severity of the infringements

Tesla gets green light to start delivering model 3 in Europe

Tesla received permission to start selling its Model 3 in Europe, clearing the final hurdle in bringing the electric-car maker’s top seller to the home turf of Audi, BMW and Mercedes-Benz. Deliveries should start in February for the Long Range Battery version of the midsize sedan – the same variant first sold in the US …

WhatsApp limits message forwards to rein in fake news

WhatsApp messaging service has begun to globally restrict the number of people a message can be forwarded to, in an attempt to fight fake and misleading information from going viral on its platform. The app tested limiting forwarding in India last summer, to five recipients or groups, as rumours and fake videos spread rapidly on

Tencent, Netease still frozen out as China approves latest games

Tencent and Netease were again left out when regulators green-lit the latest batch of online games, spurring concern that China’s largest gaming companies may have to wait longer than anticipated to start making money off hit titles. Neither company appeared on a list of 93 domestic games approved for licenses in January and were

China rips into Tencent’s news service, kills 9 300 mobile apps

China is stepping up its efforts to rein in the country’s internet, singling out Tencent’s popular news app for spreading vulgar information while shutting down more than 700 websites and thousands of apps in the span of just three weeks. The Cyberspace Administration of China has scrubbed the web of more than 7 million items

Microsoft seeks to restrict abuse of its facial recognition AI

Microsoft is planning to implement self-designed ethical principles for its facial recognition technology by the end of March, as it urges governments to push ahead with matching regulation in the field. The company in December called for new legislation to govern artificial intelligence software for recognising faces, advocating for

Berkshire Partners buys stake in Africa’s biggest data centre

Berkshire Partners acquired a stake in Teraco Data Environments, becoming the biggest shareholder in Africa’s largest data-centre to capitalise on growing demand for internet and cloud-based services on the continent. The Boston-based private-equity firm is sweeping in on Johannesburg-based Teraco as technology plays a more integral

Bitcoin is worth less than the cost to mine it – JPMorgan

The production-weighted cash cost to create one Bitcoin averaged around $4 060 globally in the fourth quarter, according to analysts with JPMorgan Chase & Co. With Bitcoin itself currently trading below $3 600, that doesn’t look like such a good deal. However, there’s a big spread around the average, meaning that there are clear