Startup founders go to war with UK government over its moves to appoint bank into key ecosystem role

Nothing less than a war has broken out between an influential swathe of the U.K. tech startup community and the British government, after the latter has allegedly sought to hand the curation and promotion of British startups — both inside the U.K. and abroad — over to a single U.K. bank

Who’ll get the last laugh over Musk toying with Twitter’s veracity?

Twitter’s painstakingly layered infosphere looks to be light-speeding back to chaotic noise under new owner Elon Musk. The billionaire is no fan of meritocratic signals nor, it seems, a friend to genuine information — preferring anyone pay him $8/m to have their account on his microblog

Nvidia touts a slower chip for China to avoid US ban

Two months after the U.S. choked off China’s access to two of Nvidia’s high-end microchips, the American semiconductor design giant unveiled a substitute with a reduced processing speed for its second-largest market. The Nvidia A800 graphic processing unit is “another alternative

European Union lay outs data-sharing plan to boost transparency of P2P rentals

The European Commission has put forward proposed rules for short term rental platforms focused on boosting transparency and mandatory data-sharing — in what looks like a ‘softly does it’ approach to addressing concerns attached to the rise of vacation rentals on platforms like Air

Emerge Career’s pre-release job training lands $3.2M seed and new state contracts

Education options during and after incarceration have never been particularly extensive, despite the best intentions of educators. Emerge Career is working on changing that, and its early success in putting formerly incarcerated folks to work is attracting investment from both VCs and government pr

Dear Sophie: How can students work or launch a startup while maintaining their immigration status?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their drea

Don’t panic — this isn’t Tencent’s first tie-up with a state-owned firm

News on Tencent and China Unicom caused a stir in China’s tech industry on Wednesday afternoon. The gaming and social networking behemoth and the state-owned carrier have received regulatory approval to set up a joint venture, according to a government announcement. Following the transaction,

Prepare to amortize: Inflation may spell doom for R&D tax expensing

Research and development (R&D) tax breaks are a set of tax incentives intended to attract firms with high research expenditures to the United States. They've existed for going on 70 years, but the Tax Cuts and Jobs Act (TCJA) in 2017 changed how they can be expensed. Namely, starting in tax

India sets up panel with veto power over social media content moderation

India will set up one or more grievance committees to oversee content moderation decisions of social media firms, it said Friday, moving ahead with a proposal that has rattled Meta, Google and Twitter in the key overseas market but one it finds necessary. In an amendment to the nation’s new I

Google filing says EU’s antitrust division is investigating Play Store practices

A Google regulatory filing appears to have confirmed rumors in recent months that the European Union’s competition division is looking into how it operates its smartphone app store, the Play Store. However technewss understands that no formal EU investigation into the Play Store has been ope

UK government denies fresh delay to Online Safety Bill will derail it

The U.K. government has denied a fresh parliamentary delay to the Online Safety Bill will delay the legislation’s passage. The legislation is a core plank of the government’s 2019 manifesto promise to make the U.K. the safest place in the world to go online, introducing a regime ministe

UK watchdog warns against AI for emotional analysis, dubs ‘immature’ biometrics a bias risk

The U.K.’s privacy watchdog has warned against use of so-called “emotion analysis” technologies for anything more serious than kids’ party games, saying there’s a discrimination risk attached to applying “immature” biometric tech that makes pseudoscientific

India fines Google yet again, orders to allow third-party payments

India’s antitrust watchdog has hit Google with a $113 million fine for abusing the dominant position of its Google Play Store and ordered the firm to allow app developers to use third-party payments processing services for in-app purchases or for purchasing apps, the second such penalty on th

Google says India’s antitrust order ‘major setback’ for consumers and businesses, opens ‘serious security risks’

Google says the Indian competition regulator’s order is a “major setback for Indian consumers and businesses” and it is reviewing the decision to evaluate “next steps.” The Competition Commission of India fined Google $161.9 million on Thursday for anti-competitive pra