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Bitcoin breaks above $35,000 to touch new high


January 6, 2021

Bitcoin traded above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879 and extending a rally that has seen the digital currency rise more than 800 per cent since mid-March of 2020. The world’s most popular cryptocurrency had crossed $20,000 for the first time ever almost three weeks ago on Dec 16, 2020. At …

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Alibaba to shut down Xiami music app


January 5, 2021

BEIJING/SHANGHAI: Alibaba Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from its ambitions to push into China’s entertainment industry. “Due to operational adjustments, we will stop the service of Xiami Music,” the online music arm of the Chinese e-commerce giant said on Tuesday on its Weibo account, adding that …

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Podcast app Breaker to be acquired by Twitter


January 5, 2021

Breaker, a popular podcast app, said on Monday it would be acquired by social media company Twitter and shut down its app and website next week. Breaker said on its blog here that people can now transfer their subscriptions to other podcast listening apps like those offered by Apple and Spotify. Financial terms of the deal were not disclosed. “Here …

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Eta Carinae: NASA shares image of slow-motion firework in space


January 5, 2021

An image of a ‘slow-motion firework’ in space was shared by the National Aeronautics and Space Administration (NASA) which showed a doomed super-massive star 7,500 light-years away named Eta Carinae. The slow-motion firework in space has reportedly lasted over 150 years whose picture has stunned many of the viewers online. The image was captured by NASA’s Hubble telescope. The super-massive …

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Payments to lead the tech wave


January 4, 2021

Any attempt to write about 2020 is an overwhelming exercise given that so many once-a-decade events took place in a span of a few months. Perhaps nowhere else was that noticeable more than in technology, which came to be the defining feature of our lives. Whether it was little kids waking up to attend a Zoom lecture or coordinating work …

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Govt bans ‘sacrilegious’ movie made in Britain


January 4, 2021

ISLAMABAD: The govern­ment has decided to ban a movie, The Lady of the Heaven, in Pakistan and directed the telecom sector regulator to restrict its spread through internet in the country. The Lady of the Heaven has been produced in Britain. The Pakistan Telecommu­nications Authority (PTA) on Sunday directed social media platforms to remove trailers of the “sacrilegious” movie. The …

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PTA told to release information relating to TikTok ban


January 3, 2021

ISLAMABAD: The Pakistan Infor­mation Commission (PIC) has directed the Pakistan Telecommunication Authority (PTA) to provide minutes of a meeting and the file notes related to the banning of TikTok, the popular social media platform for entertainment videos. TikTok, which is owned by a Chinese company, was banned in October after repeated warnings by PTA over alleged ‘unethical content’. However, the …

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Adobe flash player’s end triggers memefest


January 2, 2021

After more than a decade of service, Adobe Flash Player, the browser plug-in that brought rich animations to the early web, has officially been discontinued on the last day of 2020. The end of Adobe Flash Player triggered memefest and Netizens, particularly gamers, with many getting emotional as they went down memory lane sharing all old experiences made possible because …

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Tencent games removed from Huawei app store


January 2, 2021

BEIJING: Tencent’s online game offerings have been removed from Huawei’s app store since the two companies failed to reach an agreement on revenue sharing, Tencent and a source said on Friday. “Due to the failure of Huawei’s mobile game platform to renew its contract with our Mobile Game Promotion Project Agreement as scheduled, relevant products of Tencent Games were suddenly …

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Hackers accessed Microsoft source code, the company says


January 1, 2021

WASHINGTON: The hacking group behind the SolarWinds compromise was able to break into Microsoft Corp and access some of its source code, Microsoft said on Thursday, something experts said sent a worrying signal about the spies’ ambition. Source code – the underlying set of instructions that run a piece of software or operating system – is typically among a technology …

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