The End of USAID: Implications for US Soft Power and Global Diplomacy In a move that has sent shockwaves through the international aid community, the Trump administration has announced the dissolution of the United States Agency for International Development (USAID). This decision, which aligns with President Trump’s ‘America First’ agenda, aims to prioritize national interests […]
Sweden considers law requiring encrypted messaging backdoors, Signal threatens to exit
Sweden Considers Law Requiring Encrypted Messaging Backdoors: Signal Threatens to Exit In the realm of digital communication, privacy and security have become paramount concerns for individuals and businesses alike. The ongoing debate between protecting sensitive data and enabling law enforcement to access crucial information has once again surfaced, this time in Sweden. The Scandinavian country […]
Crypto exchange Bybit loses $6 billion in two days
Crypto Exchange Bybit Faces Major Setback: Loses $6 Billion in Two Days Crypto exchange Bybit recently experienced a significant loss of $6 billion in just two days, sending shockwaves through the digital currency market. This turn of events has once again brought to the forefront the concerns surrounding security and liquidity in the volatile world […]
Genspark expands AI search efforts with fresh $100 million investment
Genspark Expands AI Search Efforts with Fresh $100 Million Investment AI search engines like Genspark, OpenAI, and Perplexity are reshaping how users explore the internet. These advanced technologies are not only revolutionizing the way we search for information online but also paving the way for a more efficient and personalized browsing experience. Among these innovative […]
TikTok lays off staff in trust and safety restructuring
TikTok Lays Off Staff in Trust and Safety Restructuring TikTok, the popular Chinese-owned social media platform, has recently made headlines with its decision to lay off staff as part of a restructuring of its trust and safety teams. This move comes at a time when there is growing uncertainty surrounding the future of Chinese social […]
Russia denies digital rouble expiry rumours
Russia Denies Digital Rouble Expiry Rumours In recent weeks, speculation has been swirling around the alleged expiration of digital roubles in Russia. However, senior bank executive Alla Bakina has stepped forward to clarify that these rumors are unfounded. According to Bakina, digital roubles, much like physical cash, remain the property of the wallet holder and […]
Former GCHQ chief calls for transparency amid UK’s attempt to access encrypted iCloud accounts
Former GCHQ Chief Urges Transparency Amid UK’s Efforts to Access Encrypted iCloud Accounts Sir Jeremy Fleming, the former head of the Government Communications Headquarters (GCHQ), recently made a compelling call for heightened transparency within intelligence agencies. This plea comes in the wake of the British government’s controversial attempt to gain access to encrypted iCloud accounts. […]
Mastercard embraces blockchain with 30% tokenised transactions in 2024
Mastercard Adopts Blockchain Technology: A Game-Changer for Tokenised Transactions Mastercard, a global leader in payment processing, is making significant strides in embracing blockchain technology. With a strategic vision to stay ahead in the digital payment revolution, Mastercard has set a target to have 30% of its transactions tokenised by 2024. This bold move signifies the […]
Coinbase to relaunch in India after 2022 Setback
Coinbase to Relaunch in India after 2022 Setback Coinbase, one of the leading cryptocurrency exchanges globally, is gearing up to make a strong comeback in the Indian market following a setback in 2022. Despite facing challenges such as high taxes on digital assets, the platform is determined to revitalize the Indian crypto space and establish […]
UK officials push Apple to unlock cloud data, according to TWP
UK Officials Urging Apple to Unlock Cloud Data: Potential Impact on Encryption In a recent development reported by The Washington Post, UK officials are putting pressure on Apple to unlock cloud data, raising concerns about the future of encryption in the country. This move has sparked a heated debate regarding the balance between privacy and […]