In 2017, Zunum Aero was flying high. The Kirkland, Washington-based aviation startup came out of stealth mode with bold plans to build a fleet of 12-seat hybrid electric jets for short, regional hops between cities. The company, which had received millions of dollars from the venture arms of Boeing and JetBlue, said it would be Read more about Struggling electric jet startup Zunum sues Boeing for fraud, misuse of trade secrets, poaching talent[…]

Don’t be surprised if you start seeing ads on videos made by smaller YouTube creators. The video-sharing website has updated its Terms of Service, and it includes a new section that gives it the right to monetize videos from channels not big enough to be part of its Partner Program. That doesn’t mean new creators Read more about YouTube will run ads on smaller creators’ videos without paying them[…]

iOS 14.3 will prompt some users to install selected third-party applications during setup, in what is likely an attempt to stifle any allegations of anticompetitive behaviour from regulators. The feature, which is buried deep within the beta version of the upcoming iOS release and was first spotted by 9to5Mac, is believed to be activated depending Read more about Apple braces for antitrust woes by letting users select and install third-party apps during setup of iOS 14.3[…]

The European Union is serving formal antitrust charges to Amazon, saying that the retailer has misused its position to compete against third-party businesses using its platform. Officials, led by competition chief Margrethe Vestager, believe there is enough evidence to charge the company for this misuse. This data, so the claim goes, was used by Amazon Read more about European Commission charges Amazon over misuse of seller data to make copy cat products[…]

The US Department of Justice on Thursday filed a legal request to formally take control of more than $1bn in Bitcoin (BTC) generated from the sales of illicit goods at Silk Road. It is believed the crypto-coins were stolen from the dark-web market at some point, and now the Feds want to take ownership of Read more about Uncle Sam’s legal eagles hope to get their claws on $1bn in Bitcoin ‘stolen by hacker’ from dark-web souk Silk Road[…]

We all knew it was coming. Today, the US government’s Department of Justice filed an antitrust lawsuit against Google. The company, which is a part of Alphabet, is accused of having an unfair monopoly over search and search-related advertising. In addition, the department disagrees with the terms around Android, the most widely-used mobile operating system, Read more about The Department of Justice sues Google over antitrust concerns | Engadget[…]

After spending years promising Congress that the data it collected from third-party sellers wasn’t used to beef up its private-label products, today Amazon decided to roll out a product meant to do exactly that. The Amazon Shopper Panel, as it’s called, promises to pay Amazon customers that offer intel to the ecommerce giant about where Read more about Amazon’s Stops Pretending and launches anticompetitive New Panel Program[…]

The representatives of producers and importers of consumer electronics (NLdigital, NLconnect, TechniekNederland, FIAR CE and STOBI) have asked Minister Dekker to take a closer look at the current home copying system. The trade associations believe that the protection of copyright through this regulation is increasingly out of step with the technical and economic reality. NLdigital Read more about Trying to change the Dutch home copy tax[…]

British Airways has been fined £20m ($26m) by the Information Commissioner’s Office (ICO) for a data breach which affected more than 400,000 customers. The breach took place in 2018 and affected both personal and credit card data. The fine is considerably smaller than the £183m that the ICO originally said it intended to issue back Read more about British Airways fined £20m over data breach[…]

On Thursday, Amazon Web Services launched CloudWatch Synthetics Recorder, a Chrome browser extension for recording browser interactions that it copied from the Headless Recorder project created by developer Tim Nolet. It broke no law in doing so – the software is published under the permissive Apache License v2 – and developers expect such open-source projects Read more about Come on, Amazon: If you’re going to copy open-source code for a new product, at least credit the creator – FOSS problems[…]

It took Soraya Bagheri a day to learn that 450 shares of Moderna Inc. had been liquidated in her Robinhood account and that $10,000 in withdrawals were pending. But after alerting the online brokerage to what she believed was a theft in progress, she received a frustrating email. The firm wrote it would investigate and Read more about Robinhood Users Says There’s No One To Call When Accounts Are Hacked[…]

Just as you suspected, Big Tech is dominated by monopolies, a House Judiciary antitrust subcommittee found. After more than a year of investigating Apple, Facebook, Google, and Amazon’s behavior, lawmakers released a 449-page report with their findings on Tuesday, complete with recommendations that the four companies be broken up to make the market more competitive. Read more about Apple, Facebook, Google, Amazon Are Monopolies: Antitrust Committee[…]

More than 150 startups and firms in India are working to form an alliance and toying with the idea of launching an app store to cut their reliance on Google, five people familiar with the matter told TechCrunch. The list of entrepreneurs includes high-profile names, such as Vijay Shekhar Sharma, co-founder and chief executive of Read more about Indian Startups Explore Alliance and Alternative App Store To Fight Google’s Monopoly[…]

Tax records obtained by The New York Times appear to show that President Trump reduced his taxable income by treating his eldest daughter, Ivanka Trump, as a consultant, then deducting this as a business expense. The Times reports that Trump Organization tax records show between 2010 and 2018, President Trump wrote off as business expenses Read more about Report: Financial records appear to show Ivanka Trump got ‘consulting fees’ to reduce father’s tax bill[…]

A cryptocurrency exchange called KuCoin says it has been cracked, with over $100m of assets misappropriated. The Register last covered KuCoin when it was mentioned by the Bitcoin-burgling cybercrooks who hacked a bunch of prominent Twitter users. The Seychelles-based outfit, founded in 2017, proudly boasts of its venture capital backers who clearly admire its services Read more about Kukooin Crypto exchange cracked, $130m in Bitcoin burgled[…]

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times. Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them Read more about Trump Paid $750 in Income Tax in 2016 and 2017[…]

A judge in Washington has temporarily blocked a Trump administration order banning Apple and Google from offering Chinese-owned app TikTok for download that was set to take effect at 11:59pm on Sunday. US district judge Carl Nichols granted a preliminary injunction sought by TikTok’s owner, ByteDance, to allow the app to remain available at US Read more about US judge temporarily blocks Trump shakedown order banning TikTok app store downloads[…]

Facebook has temporarily shamed Apple out of taking a 30 percent cut of paid online events organized by small businesses and hosted on Facebook—things like cooking classes, workout sessions, and happy hours. Demand for these kinds of online events has soared during the COVID-19 pandemic. Apple says that it has a longstanding policy that digital products Read more about Apple backs down on taking 30% cut of paid online events on Facebook – for a few months[…]

Some makers of smart speakers, video doorbells and other hardware hit roadblocks buying key ads in search results on Amazon; gadgets made by e-commerce giant get edge. From a report: Amazon.com is limiting the ability of some competitors to promote their rival smart speakers, video doorbells and other devices on its dominant e-commerce platform, according Read more about Amazon Restricts How Rival Device Makers Buy Ads on Its Site[…]

Google has decided to shut down the Chrome Web Store payments API permanently after what was supposed to be a temporary closure at the start of the year. In January, the internet advertising biz halted the publication of Chrome apps, extensions, and themes in the Chrome Web Store that were either paid-for or took in-app Read more about Another body for the Google graveyard: Chrome Web Store payments, citing alternatives – unlike Apple. Costs were 5%, also unlike Apple’s 30%.[…]