TechTaffy

tech:

taffy

TIO Networks suspends operations, says PayPal

By TechTaffy Desk

PayPal announced that TIO Networks (TIO), a publicly traded company PayPal acquired in July 2017, has suspended operations. This suspension of services is a result of PayPal’s discovery of security vulnerabilities on the TIO platform and issues with TIO’s data security program that do not adhere to PayPal’s information security standards, said the payment processing company in a statement.

TIO is not integrated into PayPal’s platform.

[Image courtesy: PayPal]

Just in

Around the web

Trump announces $20 billion foreign investment to build new U.S. data centers — CNBC

Emirati billionaire Hussain Sajwani, a Trump associate and founder...
Automotive

Honda, AWS to develop software-defined electric vehicles

Honda Motor Company is leveraging Amazon Web Services (AWS)...
Around the web

Meta ending fact-checking program: Zuckerberg — The Hill

Social media giant Meta announced a series of changes...
Around the web

How Elon Musk’s X became the global right’s supercharged front page — The Guardian

Every week, the platform seems to supercharge a news issue that comes to dominate conservative discourse – and often mainstream discourse, as well – with real political repercussions; writes J Oliver Conroy.
Around the web

Court strikes down US net neutrality rules — BBC

A US court has rejected the Biden administration's bid to restore "net neutrality" rules, finding that the federal government does not have the authority to regulate internet providers like utilities; writes Natalie Sherman.