Controversy Erupts as Meta Allows Teens into Horizon Worlds VR App

Meta, formerly known as Facebook, has announced its decision to allow teenagers onto its virtual reality app, Horizon Worlds, despite facing opposition from lawmakers and civil society organizations. This move has prompted concerns about potential negative impacts on mental health. Meta’s CEO, Mark Zuckerberg, envisions Horizon Worlds as a groundbreaking platform where users can physically interact with each other in virtual spaces resembling real life.

Official launch of the Top 10 Outstanding Digital Technology Enterprises of Vietnam 2023 Program

The Top 10 Outstanding Digital Technology Enterprises of Vietnam 2023 program was officially launched by the Vietnam Software and IT Services Association on June 27th. This annual event, organized by the association since 2014, aims to recognize and honor enterprises in the Vietnamese ICT industry across various sectors, while also introducing them to domestic and international partners and customers.

Bernard Arnault Explores China’s Thriving Luxury Market Amidst Sales Rebound

Bernard Arnault, the chairman and CEO of luxury conglomerate LVMH, has embarked on his first visit to China since the end of strict COVID-19 restrictions. This trip follows the notable rebound in luxury spending in China, which has contributed to LVMH’s recent surge in sales. Arnault’s presence in the country comes as Beijing aims to attract global business leaders and rebuild business confidence while separating Western corporations from their governments’ stance on China.

American Fashion Influencers Face Backlash Over Controversial Shein Factory Visit

A recent visit by a group of American fashion influencers and creators to a model factory in China has sparked online backlash after they posted glowing reviews sponsored by Shein, a prominent internet shopping giant. Shein, among other companies founded in China, has been facing increasing scrutiny over several issues, including its low pricing strategy, transparency regarding labor practices, and environmental waste management.

Italy Imposes Curbs on Pirelli’s Biggest Shareholder, Sinochem, to Safeguard Chip Technology

Italy has taken a significant step to protect sensitive chip technology from the Chinese government by imposing restrictions on Pirelli’s largest shareholder, Sinochem. The move, made under Italy’s “Golden Power” regulations, aims to safeguard assets of strategic importance to the country. This action follows similar interventions by Germany and the United Kingdom, reflecting a growing concern among European nations regarding the protection of their semiconductor technology.