Hiring in crypto isn't heating up as fast as the recent rally the space has seen on expectations of an imminent approval of a US exchange-traded fund investing directly into Bitcoin.
17.12.2023 - 13:37 / tech.hindustantimes.com
Facebook-owner Meta and China's TikTok restricted a record number of social media posts and accounts in Malaysia in the first six months of 2023, data published by the firms showed, amid a jump in government requests to remove content.
Malaysia Prime Minister Anwar Ibrahim's administration, which came to power in November 2022 on a reformist platform, has faced accusations of backpedaling on its promises to protect freedom of speech amid increased scrutiny of online content in recent months.
The government has denied allegations of stifling dissent online, saying it wanted to curb provocative posts that touch on race, religion and royalty.
Between January and June this year, Meta restricted about 3,100 pages and posts on its Facebook and Instagram platforms from being viewed by users in Malaysia because they were reported to have allegedly violated local laws, according to data published in the firm's twice-yearly Transparency Report this month.
The figure was six times higher than in the previous half-year period and the highest since the company began reporting content restrictions in Malaysia in 2017.
Malaysia's communications regulator said in a statement late on Friday that its efforts to request the removal of content on social media platforms were aimed at protecting users from "the significant increase of online harms, and not about stifling diverse views".
Meta said between July 2022 and June 2023, it restricted access to more than 3,500 items in response to reports by Malaysia's communications regulator and other government agencies.
The content included criticism of the government and posts that allegedly violated laws on illegal gambling, hate speech, racially or religiously divisive content, bullying and financial scams, Meta's report said.
Short video platform TikTok, in a similar report issued last month, said it had received 340 requests from the Malaysian government to remove or restrict content between January and June 2023, affecting 890 posts and accounts.
TikTok removed or restricted 815 of those for violating local laws or the platform's community guidelines - the highest in a six-month period since it began reporting requests from Malaysia in 2019, the data showed. It was triple the number TikTok removed in the second half of 2022.
Malaysia made more requests to restrict content on TikTok than any other government in Southeast Asia, the data showed. Meta did not publish the total number of government requests it received for content restrictions.
The Malaysian Communications and Multimedia Commission said on Friday its statistics showed a 24-fold increase in harmful content on social media platforms, rising to 25,642 in 2023 from 1,019 the previous year, and including scams, illegal sales,
Hiring in crypto isn't heating up as fast as the recent rally the space has seen on expectations of an imminent approval of a US exchange-traded fund investing directly into Bitcoin.
A recent breakthrough in Earth science sheds new light on the origins of precious metals like gold and platinum, challenging conventional wisdom. This groundbreaking research, conducted by scientists at Yale University and the Southwest Research Institute (SwRI), was published in the journal Proceedings of the National Academy of Sciences, reports Interesting Engineering. Here's a summary of the findings:
NVIDIA's consumer & gaming GPUs have reportedly started to see a drastic reduction in global supply, potentially creating a shortage in markets.
ByteDance Ltd.'s TikTok aims to grow the size of its US e-commerce business tenfold to as much as $17.5 billion this year, according to people familiar with the matter, posing a bigger threat to Amazon.com Inc.
The largest technology stocks that lifted the broader market last year are having a less-rosy start to 2024.
Apple Inc. got itself a new bear as expectations of soft demand for its latest iPhone prompted analysts at Barclays Plc to downgrade the stock. Shares fell 3.6% on Tuesday, their biggest one-day percentage drop since September, and the decline erased more than $107 billion in market value. Barclays analysts led by Tim Long cut their rating on Apple to underweight and price target by $1 to $160, compared with the stock's Tuesday closing price of $185.64. “We expect reversion after a year when most quarters were missed and the stock outperformed,” the analysts wrote in a note on Tuesday. “Our checks remain negative on volumes and mix for iPhone 15, and we see no features or upgrades that are likely to make the iPhone 16 more compelling.”
The Chinese Communist Party—who had taken aim at free-to-play monetisation schemes just before the holidays—softened its stance. This was after "nearly $80 billion in market value" bled from Tencent (League of Legends) and NetEase (Diablo: Immortal).
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Blizzard is reportedly back to working with Netease again to bring their video games to China.
Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone.
Huawei’s comeback has been noticed by industry insiders, and most notably, its competitors, as the Mate 60 flagship series and the Kirin 9000S SoC pairing created a sales storm in China, garnering immense popularity that allowed the company to post an incredible 90 percent growth in October. However, Huawei’s resurgence might not be as meteoric as one previously expected because the latest data reveals that Apple has three iPhone models that are in the top 5 best-selling spot for the region.