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Cryptoassets increase risk in developing economies, study says
Cryptoassets increase risk in developing economies, study says
NEW YORK Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise
2023-08-23 02:15
TikTok ban struck down in Montana
TikTok ban struck down in Montana
A federal judge in Montana has blocked a bid to ban TikToK in the state. The state-wide ban would have come into effect on 1 January 2024 and would have seen Montana become the first US state to ban TikTok, which is owned by the China-based tech giant ByteDance. Judge Donald Molloy said he blocked the ban because it “oversteps state power” and Montana failed to show how the original SB 419 bill would be “constitutionally permissible,” among other reasons, according to a legal filing released on Thursday. “Despite the State’s attempt to defend SB 419 as a consumer protection bill, the current record leaves little doubt that Montana’s legislature and Attorney General were more interested in targeting China’s ostensible role in TikTok than with protecting Montana consumers,” Judge Molloy wrote in the filing. Judge Molloy’s ruling was a preliminary injunction, so it is possible the ban can still be reinstated. The bill was signed into law by state governor Greg Gianforte in May with the aim of “protecting Montanans from Chinese Communist Party surveillance,” he claimed. Under the law, Montana’s 200,000 TikTok users did not face any repercussions for using the app, however TikTok and other companies faced a $10,000 daily fine for each time someone accessed the app or was “offered the ability” to download it. Opponents of the bill have argued that it violates users’ First Amendment rights. A TikTok spokesperson said in a statement the company is “pleased the judge rejected this unconstitutional law and hundreds of thousands of Montanans can continue to express themselves, earn a living, and find community on TikTok.” ByteDance sued Montana in May to “prevent the state of Montana from unlawfully banning TikTok,” the company said at the time, after state officials alleged the Chinese government “could access data about TikTok users, and that TikTok exposes minors to harmful online content.” TikTok has previously insisted that it does not share data with the Chinese government. Montana attorney general said in a statement that the judge’s decision is merely “a preliminary matter at this point,” adding that the state will continue to defend the ban. In January 2020, the United States Army and Navy banned TikTok on government devices after the Defense Department labeled it a security risk. US lawmakers have expressed concern over the ability of the Chinese Communist Party to access the data of US citizens using the app, and have considered implementing a nationwide ban on TikTok. Read More Apple users told to make urgent update to stay safe Three has gone down Advertisers ‘won’t take risk’ of returning to X after Musk’s expletive-filled rant Apple users told to make urgent update to stay safe Three has gone down Advertisers ‘won’t take risk’ of returning to X after Musk’s expletive-filled rant
2023-12-02 02:48
Mitel’s All-In-One Customer Experience Management Platform Receives 2023 Contact Center Technology Award from CUSTOMER Magazine
Mitel’s All-In-One Customer Experience Management Platform Receives 2023 Contact Center Technology Award from CUSTOMER Magazine
SUNNYVALE, Calif.--(BUSINESS WIRE)--Jul 18, 2023--
2023-07-18 21:49
Olivia Dunne shows off incredible flexibility in latest TikTok video, fans call gymnast 'talented'
Olivia Dunne shows off incredible flexibility in latest TikTok video, fans call gymnast 'talented'
Olivia Dunne occasionally reminds fans that her journey to stardom began with gymnastics, and her recent TikTok has left fans in awe
2023-06-07 15:24
Elizabeth Holmes puts off starting prison sentence yet again
Elizabeth Holmes puts off starting prison sentence yet again
Former Theranos CEO Elizabeth Holmes may have again stalled the date by which she must report to prison by filing another appeal of her fraud conviction. Holmes was convicted by a federal jury of defrauding Theranos investors last year and was sentenced in November to just more than 11 years in prison. Holmes’s attorneys asked that she be allowed to remain free on bail while she appeals her conviction, but a judge declined that request and ordered her to report to prison on April 27. Now, though, it seems the disgraced tech star might not have to begin her prison sentence until June at the earliest. On Monday, her attorney filed a new motion of appeal of her conviction — after which Holmes was granted an immediate stay of her prison-report date, according to NBC Bay Area. The state has 21 days to respond to the appeal, after which Holmes’s defence team will have a further three weeks to file a final motion. After the final motion is filed, the Ninth Circuit Court of Appeals will consider her legal fate. The appeal filed this week is considered a longshot, but while that process is ongoing it is believed that Ms Holmes will remain free unless a judge orders her to report to prison. Holmes was back in the news last week after The New York Times published a long-form profile of her that was panned by a number of readers for its tone and credulity. Some critics, including the poet and essayist Hanif Abdurraqib, noted that Black people convicted of felonies are rarely given the same space to pitch their reformations to the media that the profile gave Holmes. Much of the article focused in part on Holmes as a mother. The former CEO gave birth to her first child in 2021 and her second child sometime around the beginning of 2023. Holmes’s former romantic partner and business partner Ramesh “Sunny” Balwani was sentenced to just under 13 years in prison on conspiracy and fraud counts for his role in the Theranos situation. He began serving his prison sentence last month. Read More Elizabeth Holmes says actors are playing a ‘character I created’ in dramatisations of her downfall Elizabeth Holmes says she’s working on new inventions but admits ‘mistakes’ in first interview post trial OpenAI CEO Sam Altman says AI can go ‘quite wrong’ Regulation ‘critical’ to curb risk posed by AI, boss of ChatGPT tells Congress Sam Altman testifies before Congress saying there is ‘urgent’ need for regulation
2023-05-17 07:46
How to Bypass a Ringing Phone and Go Straight to Voicemail
How to Bypass a Ringing Phone and Go Straight to Voicemail
Anyone born after 1996 probably doesn't understand the anxiety of making a phone call: The
2023-09-12 04:28
Texas power demand hits record, more highs seen in heatwave
Texas power demand hits record, more highs seen in heatwave
(Reuters) -Demand for power in Texas hit a record high on Wednesday as homes and business crank up air conditioners
2023-07-13 07:58
Get a refurbished Dell laptop for only $138
Get a refurbished Dell laptop for only $138
TL;DR: As of Aug. 18, you can snag a refurbished Dell Latitude E5450 (Core i5,
2023-08-18 17:57
Nasa says Jeff Bezos will build moon lander for Artemis mission
Nasa says Jeff Bezos will build moon lander for Artemis mission
Nasa has named Jeff Bezos’s Blue Origin as the second company to build a lunar lander under its Artemis program, which aims to return astronauts to the Moon for the firs time in more than 50 years. The US space agency awarded the first contract to Elon Musk’s SpaceX in 2021 in a $3 billion deal that was disputed by Mr Bezos at the time. Those initial missions using SpaceX’s Starship system are slated for later this decade. “We want more competition, we want two landers,” Nasa Administrator Bill Nelson said at an event in Washington on Friday. “It means you have reliability, you have backups. It benefits Nasa, it benefits the American people.” Today’s announcement evokes deja vu for Amazon.com founder Bezos and defense contractor Dynetics Inc, the head of a partnership with Northrop Grumman. Those companies lost out to SpaceX for the 2021 contract, part of an initial moon lander procurement program. Nasa under that program said it could pick up to two companies, but blamed budget constraints for only going with SpaceX. The new contract is the biggeset ever deal for Blue Origin, which Mr Bezos founded in 2000. The Amazon founder has invested billions of dollars into the company to compete for high-profile commercial and government space contracts with SpaceX. After losing in 2021, Blue Origin unsuccessfully fought to overturn Nasa’s decision to ignore its Blue Moon lander, first with a watchdog agency and then in court. Blue Origin and lawmakers had pressured Nasa to award a second lunar lander contract to promote commercial competition and ensure the agency has a backup ride to the moon. Nasa in early 2022 announced the program for a second lander contract. Nasa chief Bill Nelson said at the time: “I promised competition, so here it is.” Blue Origin has already named its corporate partners for the lunar lander: Lockheed Martin , Boeing, spacecraft software firm Draper, and robotics firm Astrobotic. Northrop Grumman, previously a key partner in Blue Origin’s unsuccessful Blue Moon bid in 2021, switched teams to join its former rival Dynetics. Nasa’s multi-spacecraft plan for the Artemis moonshots involves its Space Launch System rocket launching astronauts toward the moon aboard the Lockheed-built Orion capsule. That will dock in space with a lunar lander that will ferry the crew the rest of the way to the Moon’s surface. Additional reporting from agencies Read More ‘It’s becoming like an airport’: How SpaceX normalised rocket launches Watch live: Nasa reveals who will build second Artemis lunar lander Nasa Mars lander study reveals ‘main source of heat’ on Red Planet Saturn’s rings are no more than 400 million years old – study
2023-05-19 23:20
Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed - sources
Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed - sources
By Yuvraj Malik AI4Bharat, a start-up backed by Microsoft, is raising $12 million from venture capital firms Peak
2023-07-07 22:56
Caroline Ellison faces cross-examination at Sam Bankman-Fried's trial
Caroline Ellison faces cross-examination at Sam Bankman-Fried's trial
By Jody Godoy NEW YORK (Reuters) -Sam Bankman-Fried's confidant Caroline Ellison took the stand again at the FTX founder's trial
2023-10-12 21:59
Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
By Siddharth Cavale NEW YORK Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion
2023-06-15 01:20