PHOENIX--(BUSINESS WIRE)--Aug 3, 2023--

Big technology companies provided the energy for most of broader market’s sharp ascent in 2023 and their latest financial reports so far justify that confidence from investors

Kenya has suspended a controversial cryptocurrency launched by the creator of ChatGPT over concerns for public safety. Worldcoin, founded by OpenAI boss Sam Altman, requires users to scan their eyeballs in order to receive a free share of the crypto token WLD More than 350,000 people have already signed up in Kenya, according to local reports, representing a significant portion of the roughly 2 million users worldwide. Interior minister Kithure Kindiki said investigations were underway into how Worldcoin intends to use people’s data. “Relevant security, financial services and data protection agencies have commenced inquiries and investigations to establish the authenticity and legality of the aforesaid activities,” Mr Kindiki said. Worldcoin claims that biometric data obtained during the signup process is only used to verify a person’s “unique personhood” and is not linked to any individual’s identity. “Worldcoin remains committed to providing an inclusive, privacy-preserving, decentralised on-ramp to the global digital economy and looks forward to resuming its services in Kenya while working closely with local regulators and other stakeholders,” the company said in a statement. Iris-scanning orbs are currently operating in 35 cities across 20 countries, according to Worldcoin, including in London, Paris and New York. Before Kenya announced the suspension, large crowds that formed in Nairobi at Worldcoin signup stations had been termed a “security risk”. Those who signed up received a share worth roughly $50 (£40), with Worldcoin claiming the project could eventually lead to a universal basic income. The WLD crypto token saw its price surge more than 50 per cent shortly after its launch last week, bucking broader market trends that have seen bitcoin and other leading cryptocurrencies dip in price during the same period. Cryptocurrency experts have described the project as both “outlandish” and “revolutionary” for its unique way to differentiate humans from AI bots, however digital rights lawyers warn that it poses a major challenge for regulators. “The launch of Worldcoin is a serious concern for data-protection and crypto regulatory bodies, and demonstrates the urgent need for cross sector and cross border regulation,”Richard Cannon, Partner at Stokoe Partnership Solicitors, told The Independent. “Worldcoin claims that once its systems are optimised it will anonymise and destroy users’ biometric data, but are yet to provide clarity regarding when this will happen, and have given no indication as to how the data is safely and securely stored.” Read More ChatGPT creator launches bitcoin rival that scans people’s eyeballs

PewDiePie, the famed YouTube king, claimed he had a run-in with the cops after purchasing a butterfly knife from a prominent online merchant

There's nothing worse than the dreaded 10 per cent battery alert kicking in while out and about and no charger at hand. Well now, a hidden iPhone setting that could be draining your battery has been revealed – and most people don't even know it exists. The 'Wi-Fi Assist' setting is a program to monitor your phone's connection. When there's no Wi-Fi, your phone automatically switches to 4G/5G. All the while, it will be working overtime in the background to maintain a connection with the Wi-Fi, despite it being on one bar. "For example, if you're using Safari with a poor Wi-Fi connection and a webpage doesn't load, Wi-Fi Assist will activate and automatically switch to cellular so that the webpage continues to load," the Apple website explains. While this is a great feature for smooth internet browsing, it could very well be draining out the battery life and mobile data. To turn this off, all you need to do is head to Settings > Mobile Data > Wi-Fi Assist and simply switch it off. To really max iPhone battery life, you can also use Low Power Mode, turn down the brightness and limit Location Services, which can be found in Settings > Privacy. Sign up for our free Indy100 weekly newsletter It comes after the news that the iPhone 15 Pro battery life could very set new records. According to reports, there are rumours of two major updates that involve prolonging that much-needed battery. Laptop Mag suggested that Apple users could expect a larger battery, without the need to bulk up the device. In June, Twitter leaker AppleTrack claimed to have information on the capacity of the iPhone 15. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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