News highlights for 4 May
REUTERS/Jason Lee
Google agrees to pay hundreds of millions to settle Italian tax row
MILAN (Reuters) – Alphabet Inc’s Google has agreed to pay 306 million euros ($334 million) to settle a tax dispute with Italy, the company and the country’s tax authority said on Thursday. Read more…
Facebook’s content production unit to close
LOS ANGELES (Reuters) – Facebook Inc’s virtual reality content production unit, Oculus’ Story Studio, is shuttering its doors to shift focus on supporting external content makers, the company said on Thursday, two years after the in-house studio launched. Read more…
Google fake docs phishing scam
(Reuters) – Google warned its users to beware of emails from known contacts asking them to click on a link to Google Docs after a large number of people turned to social media to complain that their accounts had been hacked. Read more…
Leaked document shows extent of UK Government snooping powers
The UK government has secretly drawn up more details of its new bulk surveillance powers – awarding itself the ability to monitor Brits’ live communications, and insert encryption backdoors by the backdoor. Read more…
AI is growing, but consumers limit its use
Boston, MA – Artificial Intelligence (AI) is rapidly growing due to its implementation in smart home and IoT technologies. While current AI implementations often work in the background through features such as Facebook feeds, consumers most frequently associate it with digital ‘assistants’, entertainment recommendations, and self-driving cars. Read more…
San Bernadino families sue social media for allowing extremism to flourish
LOS ANGELES (Reuters) – Family members of three victims of the December 2015 shooting rampage in San Bernardino, California, have sued Facebook, Google and Twitter, claiming that the companies permitted Islamic State to flourish on social media. Read more…
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