On September 14, Gary Gensler, the Chairman of U.S. Securities and Exchange Commission (SEC), said that he doesn’t see long-term viability for cryptocurrency. He emphasized the importance of regulating crypto and protecting the interests of investors.
Jumpstart Edge: an e-commerce platform for startups by startups.
SHARE THIS STORY
There is a common misconception that deteriorating brain function, such as cognitive decline, Alzheimer’s and dementia, is a natural and inevitable part of aging. While genetics do play a role, the majority of people living with dementia, in fact, do not have a strong and known genetic link.
On September 14, 2021, Ireland’s Data Protection Commission (DPC) launched an investigation into Bytedance-owned TikTok, the popular video sharing app. This investigation comes as TikTok is already facing backlash regarding data privacy concerns. To know more about the app’s highs and lows in 2020, check out this article.
On September 13, 2021, Wall Street Journal (WSJ) came out with a detailed investigation surrounding Facebook’s content policies titled, “The Facebook Files”. Learn more about the incident here. What jumped out from this investigation was that the “X-check” or cross-check program used by Facebook, which allegedly gives some of the company’s high-profile users special treatment.
Every minute, nearly US$3 million is lost to cybercrime. And by 2025, cybercrime is set to cost the world over US$10 trillion. That cybercrime demands our immediate attention is evident. Cybercrimes are becoming easier and more prominent than ever before. A 2019 Global Data Risk Report revealed that, on average, only 5% of companies have properly protected their folders.
Social media giant Facebook finds itself making headlines now and then. The recent one is related to Facebook spending the equivalent of 319 years labeling or removing false and misleading content posted in the U.S. during last year. According to internal documents accessed by the Wall Street Journal, the employees at the social media company have raised concerns about the spread of harmful and misleading information on its platforms.