France

Telegram Founder Pavel Durov Charged Over Alleged Criminal Activity on the App

Telegram Founder Pavel Durov Charged Over Alleged Criminal Activity on the App

Telegram CEO Pavel Durov is forbidden from leaving French territory after being charged for complicity in running an online platform that allegedly enabled the spread of sexual images of children, creating an uncertain future for the messaging app that has become one of the world’s biggest social media platforms.Durov was arrested on Saturday at 8 pm local time after his private jet landed at an airport near Paris. He was then detained for four days as part of an investigation into alleged criminal activity taking place on Telegram. On Wednesday evening, local time, he was indicted and forbidden from leaving…
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Telegram CEO Pavel Durov’s Arrest Linked to Sweeping Criminal Investigation

Telegram CEO Pavel Durov’s Arrest Linked to Sweeping Criminal Investigation

French prosecutors gave preliminary information in a press release on Monday about the investigation into Telegram CEO Pavel Durov, who was arrested suddenly on Saturday at Paris’ Le Bourget airport. Durov has not yet been charged with any crime, but officials said that he is being held as part of an investigation “against person unnamed” and can be held in police custody until Wednesday.The investigation began on July 8 and involves wide-ranging charges related to alleged money laundering, violations related to import and export of encryption tools, refusal to cooperate with law enforcement, and “complicity” in drug trafficking, possession and…
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Pavel Durov’s Arrest Leaves Telegram Hanging in the Balance

Pavel Durov’s Arrest Leaves Telegram Hanging in the Balance

“Civil society has had a complicated relationship with Telegram over the years,” says Natalia Kapriva, a lawyer at the digital rights group Access Now. “We have defended Telegram against attempts by authoritarian regimes to block and coerce the platform into providing encryption keys, but we have also been raising alarms about Telegram’s lack of human rights policies, reliable channel of communication, and remedy for its users.” Kapriva stresses that French authorities may try to force Durov to provide Telegram’s encryption keys to decrypt private messages, “which Russia has already tried to do in the past.”The hashtag #FreePavel has been spreading…
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Ubisoft Entertainment Cuts 45 People From Its US Staff

Ubisoft Entertainment Cuts 45 People From Its US Staff

Ubisoft Entertainment SA, maker of video games like Assassin’s Creed, cut 45 jobs this week at its offices in San Francisco and Cary, North Carolina, as the industry continues a period of retrenchment.In a statement, a Ubisoft spokesperson said the “difficult yet necessary decision was made to align these studios’ organizations with their future business and development objectives.” Affected employees will receive severance and career assistance. Source link lol
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Meta’s Threads Launches New Tools for Businesses and Creators

Meta’s Threads Launches New Tools for Businesses and Creators

Meta Platforms Inc.’s Threads is rolling out new features it says will make the social network more useful for businesses and digital creators. Threads users can now view data that provide insights into post metrics and follower demographics, and can write multiple drafts of posts, Meta said in a blog post Thursday. Another feature enabling users to schedule multiple posts days in advance is coming soon. The updates are being added to Threads’ web platform first and will eventually roll out on the mobile app. Source link lol
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MTN, IHS Reopen Talks to Resolve Stand-Off on Governance Issues

MTN, IHS Reopen Talks to Resolve Stand-Off on Governance Issues

MTN Group Ltd., Africa’s largest wireless carrier by footprint, agreed to reopen talks with top continental tower operator IHS Holdings Ltd. in a bid to resolve governance issues that have placed a wedge between the companies for more than a year. MTN, which is IHS’s biggest shareholder, has sought voting rights in line with the 26% economic interest it owns in the tower company and wants more power to nominate board members, which IHS has pushed back on. Following a breakthrough in commercial talks that saw MTN and IHS renew tower leases of 26,000 sites across six African markets, negotiations…
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Drahi Is Making Good on Pledge to Sell Assets. But to What End?

Drahi Is Making Good on Pledge to Sell Assets. But to What End?

Patrick Drahi is in for a pay day after agreeing to sell his stake in BT Group Plc. That may or may not be good news for creditors of Altice.If the billionaire owner of the media giant decides to use the money from the sale of Altice UK’s 24.5% stake in BT to pay down debt, it will come just in time for creditors getting ready for a bruising round of debt talks to limit writedowns. Source link lol
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Brookfield Is Considering Stake Sale in Data4’s Mature Assets

Brookfield Is Considering Stake Sale in Data4’s Mature Assets

Brookfield Infrastructure Partners is weighing a minority stake sale in some of the assets of French data center operator Data4, according to people with knowledge of the matter. Brookfield is working with Citigroup Inc. on seeking investors for Data4’s so-called stabilized assets, which refer to fully-constructed data centers with high and stable tenancy rates, the people said. The stabilized asset portfolio has a valuation of more than €3.5 billion ($3.8 billion), said one of the people, who asked not to be identified as the information is private. Initial bids are expected in September, they said. Source link lol
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Tesla Recalls 1.6 Million Cars in China Over Hood-Lock Problem

Tesla Recalls 1.6 Million Cars in China Over Hood-Lock Problem

Tesla Inc. has recalled most of the cars it’s ever sold in China due to an issue that could leave an unlocked hood to go unnoticed, creating a potential safety hazard, according to a notice by the state market regulator.A latch assembly issue may at times prevent the driver from being alerted about an unlocked front hood, which could allow the hood to fully open with the vehicle in motion, increasing the risk of a collision, according to a recallBloomberg Terminal notice by the State Administration for Market Regulation on Tuesday. Source link lol
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Fujitsu Struggles to Find Workers to Expand in IT Consultancy

Fujitsu Struggles to Find Workers to Expand in IT Consultancy

Fujitsu Ltd. is having trouble winning the tech workers it needs to expand its IT consultancy arm and take on bigger system integrators like Accenture Plc.The Tokyo-based company, which is fighting to differentiate itself in Japan’s crowded industrial electronics sector, was targeting a five-fold expansion in its consultancy team to 10,000 workers in the business year to March 2026. But making headway has been tough, according to Corporate Executive Officer Yoshinami Takahashi. Source link lol
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