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A court battle is pitting Whatsapp against the world's largest democracy.
India is the biggest market for the messaging service.
The government recently passed new rules forcing social media companies to identify the first person to send a message.
Whatsapp argues this goes against privacy rights in the constitution, adding it may have to stop encrypting messages.
So is free speech under threat?
And how much is the debate driven by politics?
Presenter: Mohammed Jamjoom
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Itika Sharma Punit - Quartz India
Catalina Goanta - Maastricht Law and Tech Lab
Karuna Nundy - Advocate to the Supreme Court of India
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Francisco Gimeno - BC Analyst There is a real fight in this digital era for control of data. Whoever controls the data controls the world. Whatsupp is a global company which needs to comply with country laws. Indian government speaks about digital colonialism. Politics in the middle. But the issue is data surveillance and control, instead of protection and devolving data to its legitime owners.
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It is one of the most modern cities in the world. Shanghai, with its 24 million residents. But in an authoritarian state, that also means a lot of people to manage. And one of the best ways to keep an eye on things is through video surveillance.
Of course, that's not how political leaders sell it. They say Shanghai is a 21st century, smart city using AI, facial recognition, and big data. And they hope to expand the system across the country. DW's Mathias Bölinger gained very special access to where all this monitoring takes place.
Employees of a surveillance center called "city brain" in Shanghai’s Pudong district have direct control over cameras that cover almost every corner of the district.
In the background artificial intelligence scans the footage for rulebreakers.
On a construction site it has identified a worker who is not wearing his helmet.
Besides camera footage, the system also collects data from the city administration and property management.
The government wants to create a powerful tool to govern the city and its citizens. Sheng Dandan is one of the designers of the system that has been operating since 2018.
The "city brain's" employees have access to more than 290.000 cameras.
And that's at just one hub of what the government envisions as a nationwide network. It's part of a development that the government advances steadily.
The goal is 100 percent camera coverage at all important places like train stations, crossroads, parks.
Pudong, Shanghais central business district is but one of many places that have such extensive data and surveillance infrastructure. There is little opposition from the public to the all-seeing system. Pudong’s city brain not only collects surveillance footage, but also detailed data about each household in the city. Since the COVID outbreak, it’s employees were given an additional task: The data is used to ensure citizens are observing their quarantine.
Projects like Pudong's city brain show that China’s government sees data as a means of control. The pandemic has only advanced these ambitions.
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Francisco Gimeno - BC Analyst Surveillance in the digital era can be used for development or for control. China, a very centralised authoritarian country, can use it for both. 200 million cameras are many, but all depends on density. Maybe UK has less cameras but a bigger coverage of its territory. The issue is the reason to use it. Data as mean of control, or data as mean to protect and thrive.
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ABC’s Alex Presha takes a deep dive on recent cyberattacks, corporate ransomware payments and more.-
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In the wake of the attack against Colonial Pipeline, ABC News’ Alex Presha looks at how hackers are hitting businesses and cities with digital ransoms and how they can protect themselves.
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JBS was forced to curtail operations after the ransomware attack. The White House says it’s “engaging directly with the Russian government” on the matter after JBS said the attack seemed to be the work of a Russian criminal organization.
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Amy Nofziger, AARP Fraud Watch Network, joins Yahoo Finance's Kristin Myers and Alexis Christoforous to discuss tips to avoid cryptocurrency scams.
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Francisco Gimeno - BC Analyst The best way to avoid scams is to be rational, use common sense, understand there is no free lunch, and never act in haste. Scammers are very clever and show glitter and promises. Anyone can fall in a scam, and only later complain to self why didn't see the clear signs before. Take care out there.
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What we know about the groups behind the attacks and how the U.S. can prevent them in the future.
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David Kennedy, former NSA and Marine Corps hacker and TrustedSec CEO, joins 'Power Lunch' to discuss who is behind the cyberattacks, what the government needs to do to put an end to them and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Click the link to sign up to Wise, the world’s most international account: http://bit.ly/coldfusionandwise
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The transition from horse to horsepower ushered in an infrastructural revolution that rippled through every part of society and made the modern world possible. A century later, we may be on the cusp of another massive transformation, this time with electric roads.
#EV #Accelerate #BloombergQuicktake
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Computer scientists and biologists have teamed up to create a creature heretofore unseen on Earth: a living robot. Made from the cells of frogs and designed by artificial intelligence, they’re called xenobots, and they may soon revolutionize everything from how we fight pollution to organ transplants.
#Xenobots #Moonshot #BloombergQuicktake
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Yahoo Finance's Sibile Marcellus reports on Generation Z looking for career advice from TikTok.
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Francisco Gimeno - BC Analyst Gen Z is born in the digital era. Thus, it's not surprising that they look for advice to their own age group than others as it was before. This doesn't deny the good advice of older experienced professionals but things are changing real fast with tech acceleration. We can laugh at getting advice from a TikTok guy, but we will be surprised by the valuable and precise information we can get there.
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The UK has restricted travel to Portugal because of concerns about the coronavirus pandemic. The unexpected move that has thrown the tourism industry into chaos, and forced thousands of holidaymakers to cancel their trips. Also in the show - global food prices surge at their fastest pace in a decade, and French theme parks prepare to reopen their doors.
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The crypto bull market has been attributed to the wave of institutional investors like Tesla and MicroStrategy getting into the crypto space. Still, after the recent crash, some are wondering if that wave is over. According to Ryan McCall, CEO of Zerocap, it was all just "hype." McCall weighs in on what's behind the pullback and shares his thoughts on the future of the altcoin market.-
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Thailand attempts to regulate decentralized finance. India’s central bank gives the green light for banks to support crypto transactions. Singapore’s DBS bank launches its first security token offering. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."-
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How to find undervalued cryptocurrencies that can 10x or more?
Sign up for Token Metrics at https://tokenmetrics.com
Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies.
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The nonfungible token wing of the crypto space has declined even more rapidly than the broader market in the past month or so after sales of NFTs sank 90% since they peaked in early May. Data provided by Protos paints a picture of an NFT market in the midst of implosion as sales across all categories continue to decline rapidly. After $102 million worth of NFTs were sold in a single day on May 3, just $19 million worth were sold in the past week. Over $170 million worth of NFTs were sold in the seven-day window on either side of the market top, equating to a near 90% decline since then. The number of NFT wallets showing any signs of activity on a daily basis is also down 70% since early May, after falling from 12,000 to 3,900. NFT sales and wallet movements were down across the entire range of token categories, spanning gaming, decentralized finance, collectibles, art, utility, metaverses and sports. Crypto collectibles were the most purchased NFTs during the market peak — and remain so today — having declined by just 66% in the past month. The second-most popular NFT category relates to sports tokens, which showed the most resilience during the market drop, with active wallets having declined just 55% since early May. Current data on NonFungible.com shows collectibles (CryptoPunks) and sports (Sorare) tokens to have processed the most volume in the past seven days, making up close to 40% of the total NFT volume. Protos’ analysts were quick to conclude that the NFT bubble has already burst. They wrote, “All things considered, the data suggests the NFT bubble lasted just four months — and it popped about this time in May.”NFTs provoked equal parts of hype and confusion when they emerged as the crypto space’s latest craze earlier this year, following in the footsteps of the tokenization movement (see Dentacoin ), the ICO phase, and DeFi and yield farming. Depending on one’s capacity for optimism, NFTs are (or were) either the hottest new technological invention to emerge from the blockchain realm or an absolute scourge on the crypto space , which provided little value and lots of noise. Regardless of where one stands on the matter, the noise would seem to be dying down.
All data is taken from the source: https://cointelegraph.com/-
Francisco Gimeno - BC Analyst As we already predicted before, the fad over NFTs has already disappeared, although faster than usual. This is now where creators, users and those involved can developed the NFT landscape beyond fad and speculation. Critics already say it's a useless entertainment, but we believe NFTs are a core part of DeFi landscape, of a digital economy.
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Shares of AMC hit new highs Wednesday amid a volatile trading day, which triggered several brief trading halts. The surge has been fueled by retail investors, who account for 80% of AMC's investor base. JJ Kinahan, chief market strategist at T.D. Ameritrade, and Gunjan Banerji, markets reporter at the Wall Street Journal's Money & Investing Team, joined "Squawk Box" on Thursday to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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CNBC's Kristina Partsinevelos reports on how much short sellers have lost betting against meme stocks like AMC and Workhorse as retail investors push the names higher. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania, says there will always be "craziness" in markets but investors should keep their eyes on the main stock market, which is "perfectly fine." He speaks on "Bloomberg Markets: The Close."-
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A recent Wall Street Journal article profiled several millennials who've recently become wealthy from crypto and market investments. These young investors reported being anxious and stressed over concerns about preserving their money. "The Hash" panel discusses the lack of upward mobility, the financial pitfalls faced by the millennial generation and how this intersects with crypto.-
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AMC shares climbed nearly six fold since mid-May, but news Thursday that the company would sell 11.5 million shares triggered a 20% selloff pre-market.
Gareth Soloway, chief market strategist said that more downside action is expected.
Soloway discusses with David Lin, anchor for Kitco News, the moves he's expecting for AMC, Dogecoin, Blackberry, and Bitcoin.
0:00 - AMC
11:57 - Blackberry
14:19 - Dogecoin
18:00 - Bitcoin
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Today’s episode includes a quick update on Marathon’s bitcoin mining about-face. Our main discussion focuses on the changing shape of crypto regulatory discussion in the U.S. While more regulation appears to be on the horizon, that regulation likely reduces the chance of more extreme actions.
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The end of commuting, more office space and a better work-life balance. Meet the companies embracing remote working and making it permanent.
READ MORE : https://www.euronews.com/2021/05/11/w...-
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With the coronavirus pandemic receding for every vaccine that reaches an arm, the push by some employers to get people back into offices is clashing with workers who’ve embraced remote work as the new normal.
While companies from Google to Ford Motor Co. and Citigroup Inc. have promised greater flexibility, many chief executives have publicly extolled the importance of being in offices. Some have lamented the perils of remote work, saying it diminishes collaboration and company culture. JPMorgan Chase & Co.’s Jamie Dimon said at a recent conference that it doesn’t work “for those who want to hustle.”
But legions of employees aren’t so sure. If anything, the past year has proved that lots of work can be done from anywhere, sans lengthy commutes on crowded trains or highways. Some people have moved. Others have lingering worries about the virus and vaccine-hesitant colleagues.
And for Twidt, there’s also the notion that some bosses, particularly those of a generation less familiar to remote work, are eager to regain tight control of their minions.
“They feel like we’re not working if they can’t see us,” she said. “It’s a boomer power-play.”
It’s still early to say how the post-pandemic work environment will look. Only about 28% of U.S. office workers are back at their buildings, according to an index of 10 metro areas compiled by security company Kastle Systems. Many employers are still being lenient with policies as the virus lingers, vaccinations continue to roll out and childcare situations remain erratic.
But as office returns accelerate, some employees may want different options. A May survey of 1,000 U.S. adults showed that 39% would consider quitting if their employers weren’t flexible about remote work. The generational difference is clear: Among millennials and Gen Z, that figure was 49%, according to the poll by Morning Consult on behalf of Bloomberg News.
“High-five to them,” said Sara Sutton, the CEO of FlexJobs, a job-service platform focused on flexible employment. “Remote work and hybrid are here to stay.”
The lack of commutes and cost savings are the top benefits of remote work, according to a FlexJobs survey of 2,100 people released in April. More than a third of the respondents said they save at least $5,000 per year by working remotely.
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Francisco Gimeno - BC Analyst Remote work in the COVID era has brought a shift of how to understand work which before needed a physical office with supervision. Flexibility, responsibility and innovation rule now. with the understanding that not all companies are the same, office work has already changed and those companies not realising this will find trouble to get committed workers.
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