China has a unique problem amidst the global fight to control rising inflation; its inflation is too low. According to reports, consumer prices in China rose only by 0.7% in March compared to the previous year, and factory gate prices fell for the sixth consecutive month.
Bluesky: The New Social Media App Developed by Twitter’s Former CEO Jack Dorsey
Bluesky, the new social media app that was launched in February this year, is gaining traction among journalists, politicians, and celebrities, thanks to its decentralized network that provides users with more control over the service’s operations, data storage, and content moderation.
Tinder Introduces AI-Powered Video Selfie Verification to Weed Out Fake Profiles and Spammers
Tinder, the popular dating app, has announced an update to its Photo Verification feature that uses AI and video selfies to verify users’ identities.
Successful Test Run of Metro Line 1 from Ben Thanh to Suoi Tien with 2,000 Passengers on Board
On April 26, the first train of Metro Line 1 in Ho Chi Minh City, Vietnam, ran a test with a three-car train spanning over 61 meters long, passing through eight elevated stations for a distance of 12.3 kilometers.
Vietnam to impose strict penalties on those who engage in buying and selling of personal data
The leaders of the Cyber Security and High-Tech Crime Prevention Department (the Ministry of Public Security) have stated that there will be a law to protect personal data rights.
How to Apply for Your Share of Facebook’s $725 Million Data Privacy Settlement
Facebook has reached a $725 million settlement related to the Cambridge Analytica scandal, and now any Facebook user who had an active account at any point between May 2007 and December can apply for a share of the settlement. The lawsuit accused Facebook of allowing Cambridge Analytica and other third parties to access private user information and misleading users about its privacy practices.
Twitter Chaos: Fallout from Rollback of Blue Check Marks and Paid Verification Strategy
Twitter has long been a hub for breaking news, and for the dissemination of information from journalists, government agencies, and other verified accounts.
EU Parliament Approves Landmark Crypto Regulations: MiCA and Transfer of Funds Rules
The European Union (EU) Parliament has taken a significant step towards regulating cryptocurrencies by approving new crypto licensing and transfer of funds rules.
Warren Buffett Cites Geopolitical Tensions as Reason for Selling Stake in Taiwan’s TSMC
Warren Buffett, the renowned American investor, recently surprised the investment world with the quick sale of Berkshire Hathaway’s stake in Taiwan Semiconductor Manufacturing Co. (TSMC), which had been purchased just months before. In a recent interview with Nikkei, Buffett shed some light on the reasons behind the decision.
A Japanese City Turns to ChatGPT to Help Run Government Amidst Population Decline
Yokosuka City, located in Japan’s central Kanagawa prefecture, has announced its decision to employ ChatGPT to assist with administrative tasks.