When Didi Chuxing, China’s ride-hailing giant, launched its mega US IPO earlier this summer, it seemed like the perfect statement of what China hoped to achieve: a mega successful firm drawing in billions in foreign capital to propel its way upwards as a global brand. Listing in New York City …
Read More »China brings latest Covid outbreak under control, no new local infections for first time since July
On Monday, health authorities in China reported 21 imported cases of Covid-19 but, importantly, no new locally transmitted infections for the first time since July 20, suggesting that the current outbreak may have been brought under control. There were also 16 new asymptomatic coronavirus cases on Monday which are not …
Read More »China considers making US-listed companies hand over data control to 3rd party firms – reports
According to Reuters sources, Chinese regulators want the regulation to limit the companies’ ability to transfer Chinese onshore data abroad in breach of the country’s national security laws. Sources expect a final decision and a formal framework for the data handover plan to be ready by next month. The China …
Read More »With the Taliban in control of Afghanistan, world must focus on preventing collapse of state & cross-border terrorism, Putin warns
The Russian president and the German chancellor were speaking to journalists during the latter’s state visit to Moscow. “The Taliban control virtually the entire country, including the capital,” Putin said, saying that other countries should react to the situation on the ground. “This is reality.” He also called on the world …
Read More »Eyebrow-raising and then some: new Android feature lets users control phones with facial expressions
Android users will gain the expanded ability to manipulate their phones with their facial expressions using a newly expanded Google feature called ‘Camera Switches’ that was recently included in the operating system’s Switch Access tool suite upgrade, XDA Developers reported on Sunday. Camera Switches previously allowed users to interact with …
Read More »Will the Taliban seize or squander its moment now that it’s back in control of Afghanistan?
As its triumphant leaders swaggered into the presidential palace in Kabul, shocked Afghans and foreigners alike wondered, warily: ‘what kind of rule will the new Taliban dispensation bring?’ and ‘how will this earth-shaking change affect regional and international security?’ As long as the Taliban was a guerrilla force, those answers …
Read More »Taliban fighters now in complete control of Afghanistan’s borders with Uzbekistan & Tajikistan, Russia’s Defense Minister claims
“For us, it is important [to note] that the borders with Uzbekistan and Tajikistan have been taken under control by the Taliban,” Defense Minister Sergey Shoygu told a youth educational forum on the outskirts of Moscow. The Taliban, which is registered in Russia as a terrorist organization, “promised not to …
Read More »US regulators want the ‘crypto’ out of cryptocurrency – because that will help them use it to control your every move
SEC Chair Gary Gensler cited “investor protection” as the reason the commission should have carte blanche to take the “crypto” out of “cryptocurrency” in a speech to fellow finance bigwigs on Tuesday, describing the sector as “like the Wild West” as he urged Congress to rein it in. But Gensler, …
Read More »Does Japan control the trigger for US nuclear war on China?
In April this year, Japanese Prime Minister Suga Yoshihide became the first foreign leader to visit the White House after the swearing in of Joe Biden as America’s 46th President. After private discussions, Yoshihide and Biden issued a joint statement entitled “US-Japan Global Partnership for a New Era.” What made …
Read More »Cyberattacks show the risks of digital currencies and centralised control – we need a return to community banking
The Miami, Florida-based IT company Kaseya found at the beginning of July that its IT management software Virtual System Administrator (VSA) had been hijacked by hackers with ransomware, asking for US$70 million to release its grip. Kaseya serviced around 1,500 customers across the globe, according to Reuters, and, when faced …
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