Cuba’s government said Thursday it will recognize — and regulate — cryptocurrencies for payments on the island. A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba. The popularity of such currencies has grown among a technologically […]
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As the Taliban negotiates with senior politicians and government leaders following its lighting-fast takeover of Afghanistan, U.S. social media companies are reckoning with how to deal with a violent extremist group that is poised to rule a country of 40 million people. Should the Taliban be allowed on social platforms if they don’t break any […]
Rahul Gandhi, leader of India’s largest opposition party is back on Twitter. After being blocked from the social networking site for sharing a photo of himself with the parents of a girl who was allegedly raped and murdered in New Delhi, Twitter decided to reinstate Gandhi and his political community within their digital sphere. Gandhi’s tweet — which has been shared around by […]
Step aside Facebook, as TikTok just got crowned the most downloaded social media app in the world as of 2020, according to survey conducted by digital analytics company App Annie. Launched in 2016, The Chinese video-sharing platform has since overtaken Facebook, WhatsApp, Instagram, and Facebook Messenger, all of which make up Facebook’s ecosystem. This isn’t a milestone to overlook, as Facebook-owned apps have held the top spot since the survey began in […]
Amidst Washington’s deadlock with Beijing, China Telecom may potentially elevate its Shanghai’s initial public offering (IPO) to more than $8 billion leading to its biggest offering this year in the Shanghai Stock Exchange, following the firm’s delisting in its New York counterpart (NYSE) in January. Following Chinese media reports, the Beijing-based firm established its IPO at $0.70 per share, inflating the firm’s worth […]
The U.S. has expressed its support toward Brazil’s proposal of becoming a NATO partner but stressed its concerns regarding the Latin American country’s business with Chinese telecoms titan Huawei within its 5G telecoms network, White House officials told reporters on Monday. During a trip to Brazil last week, U.S. National Security Advisor notified President Jair Bolsonaro of the state’s concerns in partnering with Huawei citing cybersecurity […]
There is no evidence to support defense allegations the U.S. acted in bad faith or omitted evidence in an attempt to mislead an extradition hearing for a top executive at Chinese communications giant Huawei Technologies, a Canadian government lawyer said Thursday. The argument came in a hearing for Meng Wanzhou, who is Huawei’s chief financial […]
Lawyers for a senior Huawei executive argued in a Canadian court Wednesday that the United States “strategically crafted” a misleading record of the fraud case against her and acted “in bad faith” when presenting reasons she should be extradited. Huawei Technologies Chief Financial Officer Meng Wanzhou, who is the daughter of the company’s founder, was […]
The FCC voted unanimously on Tuesday on a $1.9 billion program to pull and substitute telecommunications equipment from Chinese telecom companies Huawei and ZTE for national security purposes. Chinese telecom titan Huawei announced later on Wednesday its acute disappointment over the FCC’s decision to remove and alternate its telecommunications equipment in the U.S. Huawei continued […]
On the face of it, you might think that the QAnon conspiracy has largely disappeared from big social media sites. But that’s not quite the case. True, you’re much less likely to find popular QAnon catchphrases like “great awakening,” “the storm” or “trust the plan” on Facebook these days. Facebook and Twitter have removed tens […]