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Anyone less wealthy than Musk shouldn’t buy Bitcoin: Bill Gates


February 27, 2021

Unless you’re the world’s richest person, you shouldn’t be buying Bitcoin, said Bill Gates in a TV interview. Gates, the world’s third-richest man after Elon Musk and Jeff Bezos, took a shot at the Tesla CEO after the electric vehicle maker announced taking a $1.5 billion stake in Bitcoin. ‘Elon has tons of money and he’s very sophisticated, so I …

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Bitcoin heads for worst week since March 2020


February 26, 2021

it LONDON: Bitcoin fell over 6% on Friday to its lowest in two weeks as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world’s biggest cryptocurrency slumped as low as $44,451 before recovering most of its losses. It was last trading down 1.2% at $46,525, on course for a drop of …

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Facebook Messenger, Instagram down for thousands of users


February 26, 2021

Facebook Messenger users are having problems logging in and sending messages in some parts of the world, while Instagram appears to be mostly having newsfeed problems. The sites were hit by a raft of complaints on the outage tracking website Down Detector DownDetector indeed confirms there are problems hitting Facebook Messenger, and the outage map indicates the service is down in …

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Facebook switches news back on in Australia, signs content deals


February 26, 2021

SYDNEY: Facebook Inc ended a one-week blackout of Australian news on its popular social media site on Friday and announced preliminary commercial agreements with three small local publishers. The moves reflected easing tensions between the U.S. company and the Australian government, a day after the country’s parliament passed a law forcing it and Alphabet Inc’s Google to pay local media …

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India unveils tougher rules for social media


February 25, 2021

NEW DELHI: India announced new rules on Thursday to regulate big social media firms, such as Facebook and Twitter, the latest effort by Prime Minister Narendra Modi’s government to tighten control over Big Tech firms. The rules come after Twitter ignored orders to drop content on farmers’ protests, fuelling the goverment’s zeal, dating from 2018, to clamp down on dissent. …

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TikTok announces new features about privacy protections for teenagers


February 24, 2021

TikTok, a video-sharing social networking service, has announced new privacy protections for teen users. The video-sharing app is implementing new settings and controls in order to better protect its users who are under 18, according to press release. The new changes include defaulting all accounts for users between the ages of 13 and 15 to private and limiting comments to …

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Nasa releases Mars landing video, calls it ‘stuff of dreams’


February 24, 2021

CAPE CANAVERAL: Nasa on Monday released the first high-quality video of a spacecraft landing on Mars, a three-minute trailer showing the enormous orange and white parachute hurtling open and the red dust kicking up as rocket engines lowered the rover to the surface. The footage was so good and the images so breathtaking that members of the rover team said …

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Social media users more likely to believe misinformation


February 23, 2021

WASHINGTON: Americans who rely on social media as their main source of news are more likely believe false or unproven stories about important topics such as politics and Covid-19, a survey showed on Monday. The Pew Research Centre report found that people who used social platforms for news were less informed about major public affairs topics and more susceptible to …

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Facebook ‘refriends’ Australia after changes to media laws


February 23, 2021

Facebook said on Tuesday it will restore Australian news pages after negotiating changes with the government to a proposed law that forces tech giants to pay for media content displayed on their platforms. Australia and the social media group have been locked in a standoff for more than a week after the government introduced legislation that challenged Facebook and Alphabet …

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Old guard oppose incentives for electric vehicles


February 22, 2021

The neighbouring countries are treating hybrid electric vehicles (HEVs), plugged-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs) in the same fashion. While creating a base for future autonomous connected vehicles and the related infrastructure, Pakistan should not be too off the mark if it wants to promote environment-friendly vehicles. This was the concluding remark by Indus Motor Company (IMC) …

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