The privacy-focused Tor browser is now officially on Android

After a long wait, privacy-focused browser Tor is finally on Android with a stable release. Last September, the Tor project team launched an alpha version to test the waters, but according to a new blog post, the browser is finally ready for action: Mobile browsing is increasing around the world, and in some parts, it is commonly the only way people access the internet. In these same areas, there is often heavy surveillance and censorship online, so we made it a priority to reach these users. The post noted that the browser might have some features missing from the desktop version, but it…

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Source:: The Next Web – Technology

      

Barclays is culling senior staff on the heels of a management overhaul — just a month after the bank said ‘no plans for job cuts’

FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

Barclays is culling staff in its market division, sources tell Business Insider, mostly affecting those in credit.
Barclays in April said there are “no plans for job cuts,” and told Business Insider this week that it was true at the time.

A clutch of senior employees are being let go at Barclays this week in a new round of departures after a management overhaul earlier this year shocked employees.

Insiders say the London-based bank kicked off the round of cuts this week in global markets, a unit that includes credit, distribution, equities, and macro. It is yet unclear just how many are set to depart — with little communication from higher-ups, rumors are flying around trading floors that the bulk of the cuts will be concentrated on credit teams.

Some managing directors have departed in both London and New York, the insiders said.

According to the insiders, Brett Tejpaul, head of digital and client strategy in the markets unit New York and a 16-year veteran of the bank, is among those leaving. He did not reply to requests for comment.

It’s a departure from last month, when a Barclays spokesman told Business Insider “there are no plans for job cuts.” Staff morale at Barclays has taken a beating, insiders say, after the shock departures of key executives earlier this year, including that of investment banking chief Tim Throsby.

A Barclays spokesman declined to comment on the departures, and said the comment made in April “was both true and accurate.”

Read more: Barclays says there will be no job cuts, even as insiders brace for the worst and an activist ratchets up pressure to gut the investment bank

Staffers were jolted in late March by the surprise exit of Throsby, who was hired by CEO Jes Staley in 2017 from …read more

Source:: Business Insider

      

That tiny Google alarm clock from Lenovo ships next month

Lenovo’s Smart Clock, the small Google Assistant-equipped smart display that it announced at CES, will be released next month on June 2nd. 9to5Google notes that the device is available to pre-order now at Walmart, Home Depot, and Lenovo’s own online store, and will cost $79 in the US, in line with what Lenovo announced back in January.

The Smart Clock is a smaller version of Lenovo’s existing Smart Display that’s meant more for a bedside table than a kitchen countertop. It’s got a four-inch display that’s mostly going to be useful for checking the time, but you can also use the Smart Clock to charge your devices and play music. It also supports Google Assistant Routines, allowing you to use a single voice command to complete multiple…

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Source:: The Verge – All Posts

      

Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin

It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block. The court documents further show New York Supreme Court Judge Joel M. Cohen is growing increasingly suspicious of Bitfinex’s and Tether’s dealings – especially after the companies recently admitted the stablecoin is not entirely backed by cash (which is Tether’s…

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Source:: The Next Web – Technology

      

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