Tag: Government
New rule reins in China’s flourishing self-publishing space
Despite China’s history of stringent media control, an industry of uninstitutionalized, individual publishers has managed to flourish on social media platforms like Tencent’s WeChat and ByteDance’s Toutiao. These self-publishers are called “We Media” in the Chinese internet lexicon, denoting the independent power of citizen journalists and content creators. Meanwhile, self-publishers…
Read More
India plans to introduce law to ban Bitcoin, other private cryptocurrencies
India plans to introduce a law to ban private cryptocurrencies such as bitcoin in the country and provide a framework for the creation of an official digital currency during the current budget session of parliament. In the agenda (PDF) published on the lower house website, the legislation seeks to “prohibit…
Read More
AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility
With Reddit’s interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning. Reddit wasn’t happy — and neither are some lawmakers. The incident apparently struck an unusual bipartisan chord, with Texas Republican Ted Cruz throwing his weight behind…
Read More
Pro-Trump Twitter figure arrested for spreading vote-by-text disinformation in 2016
The man behind a once-influential pro-Trump account is facing charges of election interference for allegedly disseminating voting disinformation on Twitter in 2016. Federal prosecutors allege that Douglass Mackey, who used the name “Ricky Vaughn” on Twitter, encouraged people to cast their ballot via text or on social media, effectively tricking others…
Read More
Forget winning, can Amazon survive in India?
During a visit to India in 2014, Amazon chief executive Jeff Bezos made a splashy announcement: His firm was investing $2 billion in the South Asian nation, just a year after beginning operations in the country. Amazon’s announcement underscored how far India had come to open up to foreign firms.…
Read More
President Joe Biden commits to replacing entire federal fleet with electric vehicles
President Joe Biden said Monday the U.S. government would replace the entire federal fleet of cars, trucks and SUVs with electric vehicles manufactured in the United States, a commitment tied to a broader campaign promise to create 1 million new jobs in the American auto industry and supply chains. The…
Read More