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‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loans On a quiet summer morning, above a small mid-western town, an American flag is waving in the breeze. The camera cuts to a father helping his son at the wheel of a tractor,…
Private health records of half a million Britons offered for sale on Chinese website
Technology minister tells Commons ‘de-identified’ information from UK Biobank advertised for sale on Alibaba The confidential health records of half a million British volunteers have been offered for sale on Chinese website Alibaba, the UK government has confirmed. The “de-identified” data, belonging to participants in the UK Biobank project, was found for sale on three…
Newly unsealed records reveal Amazon’s price-fixing tactics, California attorney general claims
Exclusive: A trove of previously redacted documents was filed as part of the tech giant’s anti-trust battle with the state of California. Amazon denies it engages in price-fixing Hundreds of previously redacted records reveal how Amazon has put pressure on independent sellers using its platform into raising their prices on the sites of competitors such…
World’s oldest tortoise caught in viral crypto death scam
Fake X account posing as his vet sparked global false reports of Jonathan’s death while soliciting crypto donations At 194 years old, Jonathan the giant tortoise was a youngster when Queen Victoria ascended to the throne – and has now lived long enough to fall victim to a crypto scam. News outlets including the BBC,…
I was paid to write fake Google reviews – then my ‘bosses’ tried to scam me
Undercover reporter gets a taste of the sprawling fraud industry in which cryptocurrencies play a crucial role Five firms including Autotrader and Just Eat investigated over fake review failings The holiday flat near(ish) the Roman ruins of Pompeii was “disgusting”, and smelled of “a mix of dampness and sewage”, according to one reviewer on Google…
Hail our new robot overlords! Amazon warehouse tour offers glimpse of future
At its new Stone Mountain, Georgia, facility, Roomba-like robots shuffle between stacks, another adds shipping labels while another arranges packages in pallets One of the reasons Amazon is spending billions on robots? They don’t need bathroom breaks. Arriving a few minutes early to the public tour of Amazon’s hi-tech Stone Mountain, Georgia, warehouse, my request…
Amazon tells workers it will cut 16,000 jobs worldwide in second big wave of layoffs
Workers informed after message erroneously said affected employees in US, Canada and Costa Rica had already been told Business live – latest updates Amazon has told workers it is cutting 16,000 jobs around the world to streamline its operations, hours after sending out a message to staff about the layoffs apparently in error. It is…