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NEW YORK: The dollar fell slightly on Monday and a gauge of global equity markets slid from record highs last week as investors wait to see whether an expected jump in U.S. earnings will justify stock prices already trading at very high premiums.
Data privacy: China defines for the first time ‘necessary’ information that apps can collect, closing ‘bundled consent’ loophole
Users of livestreaming, short video, news, browser and utility apps can access basic services on these platforms without providing personal information. The new rules come as China seeks to expand the internet industry’s role in economic growth, while providing more protection for consumers’ personal data.
Fake traffic app developer sentenced to five years in prison, fined US$15,000 amid China’s crackdown on inflated social media engagement
Before his popular fake traffic app Xinyuan was shut down, 26-year-old Cai Kunmiao made 6.3mil yuan in membership fees, according to a court document. The Chinese government is continuing a crackdown on fake online engagement, often used to boost celebrities’ social media accounts.
China has this week imposed its tightest restrictions to date on the publication of original content online via short video and “self-media” accounts, in the latest escalation of its ongoing crackdown on public discourse.
NEW YORK: Global stock markets fell on Monday as expectations of faster growth and quickening inflation battered bonds, boosted commodities and led to a further rotation out of the big tech names that have driven the equity rally during the pandemic
PUTRAJAYA: With active Covid-19 cases in the country continuing to decline, the Health Ministry is seeing some breathing space in its hospital overcapacity problem.
PUTRAJAYA: Allowing low-risk Covid-19 patients to undergo home quarantine has helped ease overcapacity in hospitals, says the Health Ministry.
JOHOR BARU: A total of 129 people are currently housed at Johor’s Covid-19 low-risk treatment and quarantine centre (PKRC), which is located at Pasir Gudang City Council's Indoor Stadium here.