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Russia aims to punish foreigners who criticize the war on social media

A popular YouTuber from Lithuania named Michael Nacke was charged under a recent Russian law that forbids criticizing the military actions taking plac

A popular YouTuber from Lithuania named Michael Nacke was charged under a recent Russian law that forbids criticizing the military actions taking place in Ukraine. According to the human rights organization OVDInfo, more than 16,300 Russians have been arrested for speaking out against the war. According to a series of interviews and Russian court documents obtained by Bloomberg News, Nacke is one of several Russianborn social media influencers who reside outside of the country who Moscow is attempting to censor through a combination of criminal charges and pressure on technology companies. In June, Violetta Grudina, a supporter of exiled Kremlin critic Alexey Navalny, was accused of disseminating incorrect information about the armed forces on social media. Read More..

B2B Tech News | 2 years ago        

Hong Kong plans to tighten regulations on enterprises that deal in virtual assets

Hong Kong lawmakers are tightening regulations on virtual asset service providers VASPs amid updates to its AntiMoney Laundering and CounterTerrorist

Hong Kong lawmakers are tightening regulations on virtual asset service providers VASPs amid updates to its AntiMoney Laundering and CounterTerrorist Financing Amendment Bill of 2022. VASPs will be required to obtain a license from the Securities and Futures Commission. Hong Kongs Securities and Futures Commission SFC will be able to find virtual asset service providers VASPs for up to HK$5 million US$640,000 and jail them for up to seven years. The bill was gazetted on June 26, but no date has been set to pass the law. The move is to ensure that Hong Kong remains a worldleading hub for the development and adoption of virtual currencies, the council said. Read More..

B2B Tech News | 2 years ago        

Kmart, Bunnings studied the use of facial recognition technology

The Australian Privacy Commissioner is investigating Bunnings and Kmarts use of facial recognition technology. The Office of the Australian Informati

The Australian Privacy Commissioner is investigating Bunnings and Kmarts use of facial recognition technology. The Office of the Australian Information Commissioner OAIC has opened a probe into the technology. Consumer advocacy group Choice analyzed the privacy policies of 25 major retailers. It found The Good Guys and Kmart were recording their customers biometric data. After the publication of the Choice research, Australians shared their anger, calling the use of advanced cameras and the collection of personal information frightening and disgusting. While deterring theft and creating a secure environment are important goals, the use of privacyintensive technologies in stores poses significant privacy risks. Read More..

B2B Tech News | 2 years ago        

A new capital is being built in Egypt

More than 70% of the construction work at the first stage has been completed according to the Cabinet of Ministers. The new administrative center, is

More than 70% of the construction work at the first stage has been completed according to the Cabinet of Ministers. The new administrative center, is built in the country, which promises to be much larger. The city does have its name only as an abbreviation – NAC New Administrative Capital/new administrative capital. The new capital will have a park twice the size of New Yorks Central Park, about 2,000 educational institutions, 663 hospitals and clinics, 1,250 mosques and churches, a 90,000seat stadium, 40,000 hotel rooms, and a major theme park. Also – 90 square kilometers of stations where will receive solar energy. The Egyptian government also assumes about two million jobs to be created in the new capital. Read More..

B2B Tech News | 2 years ago        

1982 Ventures supports $4 million raised by SG wealth management startup

Huguasave, a Singaporebased digital app for managing wealth and savings, has raised US$4 million in preseries.Funding from 1982 Ventures, Woodside Hol

Huguasave, a Singaporebased digital app for managing wealth and savings, has raised US$4 million in preseries.Funding from 1982 Ventures, Woodside Holdings Investment Management, and several existing venture capitalists. The startups products include a bank account operated by DBS Bank and a gold vault that allows users to buy and sell physical gold with their savings. The company will use the funds to expand regionally and widen its product offerings. Hugosaves app also turns any extra cents spent into gold that will be held through its gold vault feature. Read More..

B2B Tech News | 2 years ago        

Siemens Energy contributes to the creation of liquefied natural gas capacities with the lowest emissions in the world

Siemens Energy has been chosen as the sole solution provider for the entire electric Woodfibre LNG project. All of the machinery connected to the prim

Siemens Energy has been chosen as the sole solution provider for the entire electric Woodfibre LNG project. All of the machinery connected to the primary refrigeration trains is covered within the scope. The plant will be one of the lowestemission LNG export facilities in the world. The lowestemission LNG export facility in the world is being built by Woodfibre LNG. When finished, it should create more than 100 stable, familysupporting jobs. Around 91,000 people are employed by Siemens Energy globally across more than 90 nations. Read More..

B2B Tech News | 2 years ago        

Three Arrows Capital disappeared after the founders of this megafund cryptocurrency declared bankruptcy

The founders of Three Arrows Capital 3AC, Zhu Su and Kyle Davis, have disappeared after filing for bankruptcy in the British Virgin Islands. Founded b

The founders of Three Arrows Capital 3AC, Zhu Su and Kyle Davis, have disappeared after filing for bankruptcy in the British Virgin Islands. Founded by Credit Suisse traders, the hedge fund once managed assets worth nearly $ 10 billion. 3AC did not pay more than $ 650 million in loans to bankrupt cryptocurrency broker Voyager Digital. Popular cryptocurrency tokens such as Bitcoin and Ethereum have gone bankrupt by almost 70%. Read More..

B2B Tech News | 2 years ago        

KuCoin has partnered with Coinrule to provide users with automated trading

KuCoin the global cryptocurrency exchange, announced a partnership with Coinrule on July 12, 2022. To enhance collaboration, Coinrule integrates KuCoi

KuCoin the global cryptocurrency exchange, announced a partnership with Coinrule on July 12, 2022. To enhance collaboration, Coinrule integrates KuCoin point market data and allows users to trade KuCoinbased cryptocurrencies on Coinrule via its API. KuCoin raised more than $ 150 million in investment during its previous Series B round, bringing its total investment to $ 170 million, along with $ 10 billion in Series A. Read More..

B2B Tech News | 2 years ago        



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