Apple sues Israeli spyware firm NSO Group

Apple is suing Israeli spyware firm NSO Group and its parent company for allegedly targeting iPhone users with a hacking tool. NSO’s Pegasus software can infect both iPhones and Android devices, allowing operators to extract messages, photos and emails, record calls and secretly activate microphones and cameras. NSO Group said its tools were made to […]

Police charge Amazon India executives in drug smuggling case

Senior executives at Amazon’s business in India have been charged after two men allegedly used the website as part of a marijuana smuggling operation. Last week, police in the central state of Madhya Pradesh arrested two men for allegedly trafficking 20kg of the drug to other Indian states. Police say the men had traded cannabis […]

Google: US technology giant to invest $740m in Australia

By Katie Silver Business reporter Google has announced that it will invest A$1bn ($740m, £550m) in Australia over the next five years. It is the US technology giant’s largest investment in the country to date. Google says the money will be used to build a research hub, increase its cloud computing capacity and fund partnerships […]

Elon Musk holds Twitter vote over $21bn Tesla share sale

Tesla billionaire Elon Musk has launched a Twitter poll of his 62.6 million followers asking if he should sell 10% of his shares. The vote, which closes later on Sunday, could see him dispose of $21bn (£16bn) of stock in the electric carmaker. He promised to abide by the result of the poll, a response […]

Taliban bans foreign currencies in Afghanistan

The Taliban has banned the use of foreign currencies in Afghanistan, a move that could further disrupt an economy on the brink of collapse. “The economic situation and national interests in the country require that all Afghans use Afghani currency in their every trade,” the Taliban said. The economy is struggling due to the withdrawal […]

Barclays boss Jes Staley in shock exit angry at Epstein

Barclays boss Jes Staley is “shell-shocked, angry and upset” at the conclusion of a probe into his links to sex offender Jeffrey Epstein which has led to his sudden exit from the bank. Insiders close to Mr Staley said he was surprised by City regulators’ findings. They have been investigating if Mr Staley’s links with […]

US revokes licence of top Chinese telecoms company

Washington has revoked the US licence of one of China’s biggest telecoms companies citing “national security” concerns. China Telecom must stop providing services in America within 60 days. Officials said the Chinese government’s control of the company gave it the opportunity “to access, store, disrupt, and/or misroute US communications”. This in turn could allow it […]

Canada’s inflation rate hits a fresh 18-year high

Consumer prices in Canada rose at their fastest rate in 18 years in September, as the country continued to grapple with global supply chain issues. The annual inflation rate hit 4.4%, up from 4.1% in August, its highest level since February 2003. The costs of transport, housing and food all jumped, the country’s official statistics […]

Tesla must pay $137m to racially harassed former worker

Carmaker Tesla has been ordered to pay almost $137m (£101m) in damages for failing to stop a black former worker at its Fresno plant from being abused. Owen Diaz, a lift operator from 2015 to 2016, was subjected to a racially hostile work environment, a federal court in San Francisco found. Mr Diaz claimed black […]

Evergrande: Company set to update market on ‘major transaction’

Chinese property giant Evergrande’s shares have been suspended as investors await a statement about its future. The crisis at the world’s most indebted property developer has triggered fears that its potential collapse could send shockwaves through global markets. The firm said the trade halt came ahead of “an announcement containing inside information about a major […]