WASHINGTON—Visa and Mastercard on Thursday said they had suspended ties with the advertisement arm of MindGeek, owner of website Pornhub, after a lawsuit raised questions over whether the payment firms could be facilitating child pornography. A federal judge in California last week rejected Visa’s motion to dismiss a lawsuit by a woman who alleges the…
Semiconductors Emerge as Battleground in US-China Race to Make Global Tech Norms in Their Image
August 7, 2022
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Business & MarketsChinaCompaniesMade in China 2025semiconductorsemiconductor chipssmicTechtechnologyTSMCUSUS NewsUS-China relationsYMTC
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As every aspect of modern life becomes more and more digitized, not just the economies of nations but their sovereign influence will rely more and more on the command of technology. Although the United States and China are not engaged in traditional warfare, they are engaged in a war of ideas, trade, and technology, especially…
Musk Challenges Twitter CEO to Public Debate on Bots
August 6, 2022
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botsBusiness & MarketsCompaniesElon MuskMedia & Big TechParag AgrawalSocial MediaTechTwitterUSUS News
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Elon Musk on Saturday challenged Twitter Inc. Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5% fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether less…
Musk Says Twitter Deal Should Go Ahead If It Provides Proof of Real Accounts
Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms. “However, if it turns out that their SEC filings are materially false, then it should not,” Musk…
Twitter Announces Security Flaw After 5.4 Million Accounts Reportedly Exposed
Twitter announced on Aug. 5 that it found a security flaw in its system that enabled a threat actor to learn about whether a phone number or an email address was associated with an existing Twitter account, after 5.4 million Twitter accounts were reportedly exposed by a threat actor. In a security advisory, Twitter said…
What Will Replace TikTok?
Commentary 2021 was a good year for Bytedance, a problematic company with close ties to the Chinese Communist Party (CCP). TikTok, its main cash cow, was the most downloaded app of the year. Although—and this is a point of considerable importance—compared to 2020 figures, total downloads decreased by 194 million. TikTok is still popular, just not as popular…
Elon Musk Accuses Twitter of Fraud: Countersuit
Elon Musk in a countersuit has accused Twitter executives of fraudulently presenting an undercount of fake users, known as bots. Twitter in July sued Musk for withdrawing from a $44 billion acquisition agreement, alleging he breached the agreement. In the counter-filing, entered under seal last month and obtained by The Epoch Times on Aug. 5,…
Learn the Guitar for Only $30 with This Expert-Led Bundle
Sponsored Content Taking up a musical instrument is understandably challenging, especially for something as complicated as the guitar. You need to be patient enough to pore through the fundamentals, and determined enough to practice as many times as possible. Some people may have the natural talent to learn the ropes immediately, but it takes passion…
Toyota Unit Falsified Emissions Data From at Least 2003, Probe Finds
TOKYO—A major affiliate of Japan’s Toyota Motor Corp. falsified emissions data on some engines going back to at least 2003, more than a decade earlier than previously indicated, a company-commissioned probe showed on Tuesday. The investigative committee tasked by truck and bus maker Hino Motors Ltd. blamed the scandal on an environment where engineers did…
Australian MPs Advised to Use Two Phones Amid TikTok Security Concerns
August 4, 2022
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AustraliaBusiness & MarketsChinaCompaniescybersecurityInfiltrating the WestInternationalInternational RelationsJames PatersonMedia & Big TechSocial MediaSpecial TopicsTechtechnologyTikTokWorld
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Australian lawmakers and their staff have been advised to get two phones to keep work and private information separate, amid widespread security concerns over TikTok. The Australian Signals Directorate (ASD), an intelligence and cybersecurity agency, has warned members of parliament in private briefings recently that some social media apps are over-collecting data and constantly demanding…
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