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Latest News Technology 

Meet the woman behind Google’s $2.7 billion fine

Google on Tuesday became the latest company to feel the wrath of Europe’s dragon slayer competition chief, who has spent years working to bring Silicon Valley’s technology behemoths to heel. This time around, that has resulted in the EU levying Google with a record $2.7 billion fine. This is not of course the first time Margarethe Vestager has become embroiled in a major fine being levied against a U.S. tech giant. When the EU announced it was fining Apple $14.5 billion in unpaid taxes due to Ireland last year, it was…

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Latest News Technology 

Global cyberattack demanding ransom had nothing to do with money

A devastating cyberattack initially targeting Ukraine’s infrastructure spread like wildfire across the globe on Tuesday, and in the space of just a couple of hours, locked down the computer systems and demanded ransoms from hundreds of organizations including shipping giant Maersk, the world’s largest advertising holding company WPP, and even the Chernobyl nuclear reactor. The attack has been widely reported as a straight-up criminal enterprise spreading ransomware in order to make money, but on that front, it was a dud. Despite infecting thousands of computers, the so-called ransomware has generated…

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Latest News Technology 

The EU’s $2.7 billion Google fine is thrilling Google’s haters

The EU Tuesday handed Google a record antitrust fine of $2.7 billion for abusing its dominant position in the market and illegally favoring its own shopping services over rivals. Many in Washington and Silicon Valley will see this as another case of Europe clamping down on U.S. tech companies, but the reality is that American companies were at the front of the queue when it came to pushing hardest for this result. Google has consistently denied any wrongdoing and has in the past had strong support from fellow tech companies,…

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