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Top tech news of the week: Netflix layoffs, Facebook kills tool, phishing attacks, Apple Watch saves life, more

Weekly tech roundup: Check out the top 7 most important tech news that you need to know about. Do not miss out on the biggest developments of the week. Includes Netflix layoffs, phishing campaigns on Facebook, Instagram age verification tools and more.

By: HT TECH
Updated on: Jul 02 2022, 16:12 IST
According to Bloomberg, Meta Platforms Inc., the parent company of Facebook, will soon scrap its social media fact checking tool called CrowdTangle. The tool is used to keep misinformation in check by researchers and analysts but reports suggest that Meta has been reducing the support for the product over the days. The company has not revealed its eventual plans with the tool. (Dado Ruvic/REUTERS)
1/8 According to Bloomberg, Meta Platforms Inc., the parent company of Facebook, will soon scrap its social media fact checking tool called CrowdTangle. The tool is used to keep misinformation in check by researchers and analysts but reports suggest that Meta has been reducing the support for the product over the days. The company has not revealed its eventual plans with the tool. (Dado Ruvic/REUTERS)
In a fresh round of layoffs, Netflix has fired 300 employees across different departments, according to a report by Variety. The majority of the employees losing their jobs were based in the US. This layoff comes shortly after Netflix fired 150 employees in May. A spokesperson stated that the job cuts were done to bring down the cost to the slower revenue rate. (REUTERS)
2/8 In a fresh round of layoffs, Netflix has fired 300 employees across different departments, according to a report by Variety. The majority of the employees losing their jobs were based in the US. This layoff comes shortly after Netflix fired 150 employees in May. A spokesperson stated that the job cuts were done to bring down the cost to the slower revenue rate. (REUTERS)
Google has revealed in a report that an Italian company's hacking tools were used to spy on Apple and Android smartphones in Italy and Kazakhstan. According to the report, Milan-based RCS Lab developed tools to spy on private messages and contacts of the targeted devices. Google added that it had taken steps to protect users of its Android operating system and alerted them about the spyware. (Reuters)
3/8 Google has revealed in a report that an Italian company's hacking tools were used to spy on Apple and Android smartphones in Italy and Kazakhstan. According to the report, Milan-based RCS Lab developed tools to spy on private messages and contacts of the targeted devices. Google added that it had taken steps to protect users of its Android operating system and alerted them about the spyware. (Reuters)
A massive phishing scam, which was ongoing for a year, came to the surface after PIXM, an anti-phishing browser extension, exposed it. According to the report, a large number of malicious websites were masquerading as Facebook login pages and stealing the account information of victims and each such website had millions of visits. To make the websites look real, the scammers also added the victim’s name to the URL. (REUTERS)
4/8 A massive phishing scam, which was ongoing for a year, came to the surface after PIXM, an anti-phishing browser extension, exposed it. According to the report, a large number of malicious websites were masquerading as Facebook login pages and stealing the account information of victims and each such website had millions of visits. To make the websites look real, the scammers also added the victim’s name to the URL. (REUTERS)

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According to TechCrunch, a Reddit post recently surfaced which highlighted that Microsoft was giving out Minecoins, a native currency of the popular sandbox-style game Minecraft, in order to sway Google Search and Google Chrome users to its rival platform. According to the post, Bing offered the gamers 330 Minecoins for searching with Microsoft Bing on the Edge browser for five days. (Hindustan Times)
5/8 According to TechCrunch, a Reddit post recently surfaced which highlighted that Microsoft was giving out Minecoins, a native currency of the popular sandbox-style game Minecraft, in order to sway Google Search and Google Chrome users to its rival platform. According to the post, Bing offered the gamers 330 Minecoins for searching with Microsoft Bing on the Edge browser for five days. (Hindustan Times)
Apple Watch has played a crucial role in saving the life of a woman swimmer who got trapped between rocks in the Columbia river. Stuck in the chilly river, she used the SOS feature of the Apple Watch to contact emergency services. The authorities were able to save the woman before hypothermia could set in due to her fast response time in sending the alert. (Reuters)
6/8 Apple Watch has played a crucial role in saving the life of a woman swimmer who got trapped between rocks in the Columbia river. Stuck in the chilly river, she used the SOS feature of the Apple Watch to contact emergency services. The authorities were able to save the woman before hypothermia could set in due to her fast response time in sending the alert. (Reuters)
As a part of Instagram’s latest initiative of performing age verification, it is testing two new tools. The first is via video selfies through which the social media platform will run algorithms in collaboration with Yoti to verify the age. The other method will require three people over the age of 18 to confirm that the user’s age matches with what they have responded with. (Unsplash)
7/8 As a part of Instagram’s latest initiative of performing age verification, it is testing two new tools. The first is via video selfies through which the social media platform will run algorithms in collaboration with Yoti to verify the age. The other method will require three people over the age of 18 to confirm that the user’s age matches with what they have responded with. (Unsplash)
First Published Date: 02 Jul, 16:12 IST

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