An Austrian town, famed for it’s name, will be renamed come January 1 next year, after locals reportedly got sick of English-speakers sniggering and stealing signs. F**king, a village of some 100 people located 350km from Vienna will change its name in the new year to ‘Fugging’ the local council has revealed. The municipal council revealed the name change will take effect on January 1. As it turns out the locals were growing tired of English-speaking tourists stopping off to take photos… Source link

(Bloomberg) — Bitcoin and other digital coins steadied Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies. Bitcoin climbed above $17,400, following a slide of as much as 14% to $16,227 on Thursday. Fears over tighter crypto regulations and profit-taking after a frenetic rally were among the reasons cited for the tumble. “After big rallies in shares and various other assets,… Source link

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. LONDON — Britain plans to create a new watchdog to police Big Tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businesses. The U.K. government said Friday that it’s setting up a “Digital Markets Unit” next year to enforce a new code of conduct governing the behavior of tech giants that dominate the online advertising… Source link

As he struggles to come to terms with losing the election, US president Donald Trump has lashed out at a journalist in a bitter tirade at the White House. On Thursday (local time) Trump took questions from the media for the first time since election day, but didn’t like being confronted with the reality of his loss. The president renewed baseless claims that “massive fraud” and crooked officials in battleground states cost him the election. He angrily denounced officials in Georgia and… Source link

A new tech regulator will work to limit the power of Google, Facebook and other tech platforms, the government has announced, in an effort to ensure a level playing field for smaller competitors and a fair market for consumers. Under the plans, the Competition and Markets Authority (CMA) will gain a dedicated Digital Markets Unit, empowered to write and enforce a new code of practice on technology companies which will set out the limits of acceptable behaviour. The code will only affect those… Source link

Say this for the NFC East: They’re a generous bunch. Nobody wants anybody else to feel too bad about themselves. They’re happy to take on L after L to keep the rest of the league — or their visitors — happy. The Dallas Cowboys were in a giving mood on Thanksgiving, offering up fumbles, pick sixes, dropped passes, crucial penalties and dubious play-calling that resulted in a resounding 41-16 victory for the Washington Football Team. Such polite hosts! Washington’s Antonio Gibson came… Source link

The U.K. government approved plans for a separate regulatory program for companies including Facebook Inc. and Google, saying the new competition unit would be given powers to impose fines to rein in the dominance of the largest tech companies. The Digital Markets Unit will be housed inside the antitrust regulator from April, with powers to enforce a new… Source link

Mark Zuckerberg, Chairman and Chief Executive Officer of Facebook, arrives to testify during the House Financial Services hearing on An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors on Wednesday, Oct. 23, 2019. Bill Clark | CQ-Roll Call, Inc. | Getty Images LONDON —  The U.K. on Friday said a new government unit will work to tackle ongoing concerns about a concentration of power among a small number of tech giants. The Department for Digital, Culture,… Source link

A woman has resigned from her position on a school board after accidentally broadcasting a private act to her colleagues during a Zoom meeting. Frances Cogelja, a trustee of the Board of Education in Hackensack in the US state of New Jersey, forgot to turn off the camera on her laptop when she took it with her to the bathroom – sharing her toilet break with nearly 150 people online, including some students. One Facebook group said Ms Cogelja “broadcast her bare bottom” during the… Source link

Bloomberg Why Maradona Was Better Than Messi and Ronaldo (Bloomberg Opinion) — Soccer fans are fortunate to live in a time when two superstars are simultaneously making the claim to be the best player in the history of the sport — and more fortunate still that we can watch the contest between Lionel Messi and Cristiano Ronaldo play out, week in and week out, live before a global audience of billions. Thanks to YouTube, I can watch high-quality videos of their most compelling performances,… Source link