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Facebook to ban ads promoting weapon accessories, protective gear in US


January 17, 2021

Facebook Inc said on Saturday it will ban advertisements for weapon accessories and protective equipment in the United States with immediate effect until at least two days after US President-elect Joe Biden’s inauguration on Jan. 20. Following the attack by supporters of President Donald Trump against the US Capitol on Jan. 6, the social media company said it will now …

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Preferred by youngsters, digital banking gains momentum


January 17, 2021

KARACHI: In Pakistan around 82 per cent of bank consumers visit their branches once every few months after opening accounts while 73 per cent customers are inclined towards using digital banking channels to meet their financial needs and obligations, a survey released recently said. PwC, in partnership with A.F. Furguson & Co, in its survey tilted ‘Banking in the digital …

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WhatsApp to delay launch of update business features after privacy backlash


January 16, 2021

Facebook Inc’s WhatsApp is delaying an update aimed at increasing business transactions on the platform after a storm of concern from users who feared that the messaging platform was watering down its privacy policy in the process. WhatsApp users received notification this month that it was preparing a new privacy policy and terms, and it reserved the right to share …

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Telecom revenue surges 129pc amid lockdown


January 16, 2021

ISLAMABAD: Contribution of the telecom sector to the national exchequer increased by 129 per cent in the fiscal year ending in June 2020 compared to a year ago owing to Covid-19 lockdown, the Pakistan Telecom Authority (PTA) said on Friday. Sharing its Annual Report 2020, PTA highlighted that the surge in demand for telecom services due to lockdown resulted in …

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Hafeez pins hopes on spectrum sale fetching maximum price


January 15, 2021

ISLAMABAD: Finance Minister on Thursday said the sale of maximum possible Next Generation Mobile Services (NGMS) spectrum will contribute towards overall economic growth through digitalisation and improve the quality of broadband services in Pakistan. Chairing a meeting of the the Advisory Committee, the minister asked the consultants to follow a proactive approach and meet the given deadlines for the release …

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Google clinches deal to buy Fitbit amid inquiry


January 15, 2021

WASHINGTON: Search and advertising giant Google has closed its deal to buy fitness tracking company Fitbit, the companies said on Thursday, even as the US Justice Department said it was continuing its probe of the $2.1 billion transaction. The Justice Department, which sued Alphabet’s Google in October for allegedly violating antitrust law in its search and search advertising businesses, said …

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Parler CEO says social media app may not return


January 14, 2021

Social media platform Parler, which has gone dark after being cut off by major service providers that accused the app of failing to police violent content, may never get back online, said its CEO John Matze. As a procession of business vendors severed ties with the two-year-old site following the storming of the U.S. Capitol last week, Matze said in …

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WhatsApp scrambles as users in big Indian market fret over privacy


January 14, 2021

WhatsApp is battling mistrust globally after it updated its privacy policy to let it share some user data with parent Facebook and other group firms, and the backlash risks thwarting its ambitions in its biggest market, India. Though WhatsApp has yet to see mass uninstalls of its app in India, users concerned about privacy are increasingly downloading rival apps such as Signal …

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German police take down ‘world’s largest darknet marketplace’


January 13, 2021

BERLIN: A German-led police sting has taken down the “world’s largest” darknet marketplace, whose Australian alleged operator used it to facilitate the sale of drugs, stolen credit card data and malware, prosecutors said on Tuesday. At the time of its closure, DarkMarket had nearly 500,000 users and more than 2,400 vendors worldwide, as the coronavirus pandemic leads much of the …

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Twitter suspends 70,000 accounts of pro-Trump QAnon network


January 13, 2021

SAN FRANCISCO: Twitter has suspended “more than 70,000 accounts” linked to the QAnon conspiracy theory following the attack on the US Capitol by a mob of President Donald Trump’s supporters. The social network began its purge on Friday, shortly after it had permanently suspended Trump’s account for language that could incite violence. “Since Friday, more than 70,000 accounts have been …

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