The Two-Faced Approach to Regulating Big Tech; why ransomware attacks keep on happening ; and how VR could change real estate.<\/p>\n
Regulating Big Tech. Big The popular Chinese short-form video app TikTok has been making headlines since its origins back in 2018. The reasons behind its quick ascend to fame are a no-brainer.\u00a0<\/p>\n
TikTok lets anyone produce and edit videos effortlessly, and is
\npowered by an incredibly effective recommendations algorithm that makes
\nscrolling down its feed highly addictive.\u00a0<\/p>\n
The platform has also become a meeting place for younger
\ngenerations that had so far eluded traditional social media outlets like
\nTwitter and Facebook. And brands love that.<\/p>\n
Given its huge monetization potential, then, it’s no surprise
\nthat TikTok’s has also attracted the attention of powerful interests. For good
\nand for ill.<\/p>\n
After threatening to ban the app under suspicions of Chinese-sponsored espionage, the U.S. government –and Trump– had a new message:\u00a0<\/p>\n
It’s okay as long as Microsoft buys TikTok’s U.S. business before mid-September. Oh, and the government should get a cut of the benefits.\u00a0<\/p>\n
Only that now it appears that Microsoft might want to buy TikTok’s entire global business. <\/p>\n
The new episode of this serialised drama comes just a week after Big Tech leaders appeared before U.S. Congress to defend themselves against accusations of monopoly and unfair competition. Now one big tech company might get even larger. \u00a0 \u00a0 <\/p>\n
Whatever it takes to win a trade war and fatten the national coffers.<\/p>\n
This past month has
\nbeen a busy one for cybersecurity.\u00a0<\/p>\n
First Twitter got hacked by what turned out to be an Well, new information emerged this week suggesting that Garmin Garmin would have supposedly made the payment through an A great ending for EvilCorp, the Russian hacking organisation In fact, Arete IR claims that WastedLocker, the ransomware Whoever is the real culprit, \u00a0the fact that a large multinational company like Garmin has opted to pay the ransom sets a dangerous precedent in the fight against cybercrime.\u00a0 <\/p>\n No wonder these attacks keep on happening. <\/p>\n
\namateur group of teenagers.<\/a> Then the
\nsmartwatch maker Garmin was knocked out by a ransomware attack that kept its
\nservices down for days.\u00a0<\/p>\n
\npaid a multi-million dollar ransom<\/a> in
\nexchange for a decryption key to recover its files.\u00a0<\/p>\n
\nintermediary, Arete IR, which provides ransomware negotiation services.\u00a0<\/p>\n
\nthought to be behind the attack. Or maybe not?\u00a0<\/p>\n
\nstrain used in this occasion, is not consistent with the Russian group’s modus
\noperandi. Another player might be responsible.<\/p>\n