#FinancialFox Week in Review: Twitter Hack - solution Mydigipassword, Huawei out of UK 5G and RBD offers to buy DELT
The Great Twitter Hack of 2020 exposed once again the urgent need for more online and security accountability on the use of social media. Stefania mentions the work of AntumID, a blockchain company specialised in providing data protection solutions for online services. Check out MyDigiPassword, the world’s first blockchain-powered password generator and manager developed by DigiByte (DGB) and AntumID, to log in safely into any website.
Another controversial announcement this week: Huawei is out of the 5G network in the UK. Questions over surveillance were taken into account by the UK government. The decision sparked debates over the relationship of the UK with countries such as the US and China, as the country seeks more international partnerships following Brexit.
In the news on the London AIM market, Reabold Resources (RBD) made a takeover offer to Deltic Energy (DELT), an energy company with interests in the North Sea and energy giant Shell as farm-in partner in two of its licenses. The offer was rejected, but discussions between the two companies are set to continue. Reabold Resources has a 39.7% economic interest in the West Newton, considered to be the largest onshore hydrocarbon discovery in the UK since 1973.