Search results for "ban"

Nigeria Lifts Twitter Ban from Midnight, Government Official Says

Nigeria will lift a ban on Twitter from midnight after the social media platform agreed to open a local office, among other agreements with authorities in the West African country, a senior government official said on Wednesday. The Nigerian government suspended Twitter on June 4 after it removed a post from President Muhammadu Buhari that […]

Futures Mixed as Tech Stocks Still Weak, Banks Rally

U.S. stock index futures were mixed on Thursday, with economy-linked banking and energy shares leading gains, while interest rate-sensitive growth names remained under pressure from the Federal Reserve’s hawkish signals. The tech-heavy Nasdaq plunged more than three percent on Wednesday, its biggest one-day percentage drop since February, while the Dow slipped from an intra-day record […]

Congress approves import ban targeting forced labor in China

Senators gave final congressional approval Thursday to a bill barring imports from China’s Xinjiang region unless businesses can prove they were produced without forced labor, overcoming initial hesitation from the White House and what supporters said was opposition from corporations. The measure is the latest in a series intensifying U.S. penalties over China’s alleged systemic […]

EU to limit political ads, ban use of certain personal info

Concerned by the misuse of political advertising to undermine elections, the European Union on Thursday unveiled plans to help people better understand when they are seeing such ads online and who is responsible for them. The proposals, aimed at ensuring fair and transparent polls or referendums, would also ban political targeting and “amplification techniques” used […]

Salt Edge looks to steer digitalization of EU's banking sector

The global financial sector is witnessing an ever-growing change shaping Europe’s banking infrastructure into an increasingly competitive market. Open banking proved to people how it can alter financial services to accommodate their needs; all while fostering a continuing digitalization of modern life as Fintech companies set the stage for simplified yet optimized solutions to deliver […]

Epic explores Blockchain, NFT assets, after Steam ban

Famous gaming platform Epic Games plans to open its doors to blockchain-based payments on its store, following its rival’s announcement to ban blockchain technology and NFT assets on its platform, The Verge reports. Epic is considering the implementation of cryptocurrency technology into its platform, in addition to blockchain-based assets on its game store. The multinational gaming company […]

India's DoT discards telcos’ Bank Guarantee

India’s government informed telecom operators that any potential spectrum auctions for telecom service providers (TSPs) are not required to submit a financial bank guarantee (FBG) to estimate annual spectrum installment. The Department of Telecommunications (DoT) announced it will shift the suitability terms for participation in the upcoming sale to facilitate the bidder’s financial capabilities. “For […]

Crypto analysis firm Elliptic raises $60 million, SoftBank invests

Cryptocurrency intelligence company Elliptic revealed Monday that the company raised $60 million in a Series C financing round from a multitude of strategic investors, including SoftBank, to expedite its blockchain research and development (R&D). The panel of investors included financial service company, Wells Fargo Strategic Capital, in addition to numerous investors welcoming crypto and similar […]

Climate change deniers banned from Google and YouTube

For the past decade, a large debate has circulated social media platforms over whether climate change is an actual thing that might reap dire consequences on the world as we know it. While science has stood by climate change, a great number of people still believe none of it exists.  Well, it looks like YouTube and its […]

EC wants to ban facial recognition in regulatory motion

The European Commission (EC) has finally commenced its strategy to curb Artificial Intelligence (AI) influence by voting on the ban of facial recognition in Europe’s law enforcement agencies until further regulations legislation. EU revealed through research that the adoption of facial recognition for law enforcement is resulting in more harm than good and that the […]