Tesla is to quit Silicon Valley and move its headquarters to Texas after chief executive Elon Musk criticised lockdown measures by local leaders as “fascist”. The electric car company will move from Palo Alto to the Texas capital, Austin, Mr Musk told a meeting of Tesla shareholders, making it the biggest company to quit Silicon…
The European Commission is on a collision course with Apple after announcing it will introduce a new law forcing all mobile phone companies to share a common charger. Brussels officials will launch the legislation on Thursday in a move likely to be contested by the iPhone maker, whose devices are charged using its own Lightning…
Amazon and Google are facing a competition investigation over their failure to tackle a plague of fraudulent product reviews which may have misled millions of people online, as regulators step up their crackdown on big tech. The US behemoths have been accused by the Competition and Markets Authority (CMA) of failing to prevent a rash…
Swathes of the internet including Amazon, Reddit and many news outlets went offline on Tuesday following a glitch affecting a relatively obscure cloud computing company. Dozens of major websites and hundreds overall were rendered inaccessible when Fastly started experiencing issues, leaving the likes of the Government’s gov.uk domain, streaming services Twitch and Spotify unavailable for…
The price of Bitcoin plunged by as much as 15pc on Sunday in the biggest slide for almost two months, just days after reaching a new record. The cryptocurrency was trading at $53,991 after sinking as low as $51,707 earlier in the day – about $12,000 below record highs set on Wednesday. Ether, the second-largest token, dropped almost…
