Category: Tech

Vietnam to probe TikTok over “poisonous” content material

HANOI, April 6 (Reuters) – (This April 6 tale has been corrected to take away a connection with violations of presidency insurance policies as a explanation why for the video removing, in paragraph)

Vietnam will probe TikTok’s operations within the nation from Might, as “poisonous” content material at the short-video platform “poses a risk to the rustic’s adolescence, tradition and custom”, the Data Ministry stated on Thursday.

Moderating content material on the preferred Chinese language-owned software that carries bite-sized movies was once “way more tricky” than on different platforms, ministry consultant Le Quang Tu Do stated at a information convention,

Read More

U.S. says decentralized finance amenities getting used for illicit transfers

WASHINGTON, April 6 (Reuters) – North Korea, cybercriminals, ransomware attackers, thieves and scammers are the use of decentralized finance (DeFi) amenities to switch and launder their illicit proceeds, the U.S. Treasury Division warned on Thursday.

So-called DeFi platforms permit customers to lend, borrow and save, most often in cryptoassets and stablecoins, with out the use of banks.

In a brand new illicit finance possibility overview on decentralized finance, the Treasury discovered that illicit actors are exploiting vulnerabilities in U.S. and international anti-money laundering and preventing the financing of terrorism (AML/CFT) law and enforcement as smartly the generation underpinning the amenities.

Read More

Tesla nominates co-founder JB Straubel to board

April 6 (Reuters) – Tesla Inc (TSLA.O) on Thursday nominated co-founder and previous Leader Era Officer JB Straubel to the board at a time when some traders have expressed fear a few loss of succession making plans on the electrical carmaker led through Leader Govt Elon Musk.

Tesla additionally named Tom Zhu, who led building and operations of Tesla’s Shanghai manufacturing unit, as senior vice chairman for automobile operations. This makes him probably the most 4 govt officials at Tesla, along side Musk, Leader Monetary Officer Zachary Kirkhorn and powertrain head Andrew Baglino.

Some Tesla traders have expressed fear that

Read More

Fit, Indian startups name for antitrust probe of Google in-app billing commission

  • Fit, Indian startups problem Google’s in-app commission
  • Indian startups say Google bypasses antitrust order
  • Google has stated app cost commission covers products and services, safety

NEW DELHI, April 6 (Reuters) – Tinder-owner Fit Staff (MTCH.O) and Indian startups have requested the rustic’s festival frame to research Alphabet’s Google (GOOGL.O) for alleged non-compliance with an antitrust directive via charging a prime carrier commission for in-app bills, filings display.

The filings via Fit and Alliance of Virtual India Basis (ADIF) mark the most recent tussle between Google and rival corporations, that have time and again criticised the U.S. corporate for what they

Read More

Robinhood to pay $10mln to settle operational deficiency fees

April 6 (Reuters) – Robinhood Monetary LLC (HOOD.O) can pay as much as $10.2 million in consequences to a number of states associated with platform outages the corporate skilled in March 2020 and deficiencies within the brokerage’s evaluate and approval procedure previous to 2021.

The agreement comes after an investigation by way of state securities regulators in Alabama, Colorado, California, Delaware, New Jersey, South Dakota and Texas into outages on Robinhood’s app that close consumers out of buying and selling on pandemic-related volatility, a number of states stated in a unlock. Robinhood additionally agreed in concept ultimate yr to settle

Read More

Cave in of FTX deprives teachers of grants, stokes fears of pressured reimbursement

  • FTX Long run Fund aimed to spend as much as $1 billion in 2022
  • Researchers at most sensible universities gained investment from FTX’s fund
  • Cambridge pupil amongst drop outs after FTX grant falls via

LONDON, April 6 (Reuters) – The cave in of crypto change FTX and its grant-making frame, the FTX Long run Fund, has left some researchers at most sensible universities with out the budget they have been promised and others seeking to pay off grants prior to they may well be ordered to.

Introduced in February 2022, the FTX Long run Fund used to be a part

Read More