META IS UNDER INVESTIGATION BY US PROSECUTORS FOR HIS ROLE IN ILLICIT DRUG SALES, WSJ SAYS

Sat 16 March 2024: US prosecutors in Virginia are probing whether Facebook-parent Meta’s social media platforms facilitated and profited from the illegal sale of drugs, according to a Wall Street Journal report. Citing documents and people familiar with the matter, the article published on Saturday reported that prosecutors sent subpoenas last year and have been asking […]

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SOUTH AFRICA’S FINANCIAL CONDUCT REGULATOR APPROVES 59 CRYPTO LICENCES

Thu 14 March 2024: South Africa’s financial conduct regulator has approved 59 operating licences for crypto currency businesses. In 2022, the Financial Sector Conduct Authority (FSCA) declared crypto assets to be financial products and said they needed to be regulated to protect financial customers from risks and prevent money laundering and terrorism financing. Regulating the […]

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RUSSIA FINES GOOGLE 4 MILLION RUBLES ($43,680) FOR FAILING TO COMPLY WITH LAW

Thu 14 March 2024: A Russian court has fined Google 4 million rubles ($43,680) for failing to block access to certain content banned in Russia. The court found Google guilty of failing to comply with the law by not restricting access to some prohibited content on YouTube. “Google LLC. was found guilty of committing an […]

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“BY 2029, AI WILL PROBABLY BE SMARTER THAN ALL HUMANS COMBINED” ELON MUSK

Wed 13 March 2024: Elon Musk, the head of X (formerly known as Tesla) who is currently locked in a battle with ChatGPT maker OpenAI has recently stated that artificial intelligence (AI) will probably become smarter than any single human by next year (2025).  Musk has sued Sam-Altman-run company, alleging it had been breaching the “founding agreement” […]

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THREE OUT OF FOUR TEENS SAY THEY ARE HAPPY OR PEACEFUL WITHOUT THEIR SMARTPHONE

Tue 12 March 2024: Nearly three out of four teenagers in the United States say they feel happy or peaceful when they do not have their smartphone with them, a survey has found, underscoring concerns about the effects of digital media on minors. But despite their positive associations with putting their smartphone away, only 36 […]

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WITH A 1,000-HORSEPOWER ENGINE, PORSCHE UNVEILS ONE OF THE FASTEST ROAD CARS IN THE WORLD

Tue 12 March 2024: Porsche unveiled its most powerful production, or mass-produced, vehicle on Monday. Arriving this summer, the 1,093-horsepower electric Taycan Turbo GT has already broken two racing records for the fastest electric vehicle. It even beat a Tesla Model S record by an astonishing eighteen seconds. The Taycan Turbo GT set a world record lap time on Germany’s renowned Nürburgring Nordschleife, a tight, demanding track where automakers regularly test their most competitive sports cars. The previous record holder on the […]

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NEW AI VIDEO TOOLS INCREASE WORRIES OF DEEPFAKES AHEAD OF ELECTIONS

Mon 11 March 2024: The video that OpenAI released to unveil its new text-to-video tool, Sora, has to be seen to be believed. Photorealistic scenes of charging woolly mammoths in clouds of snow, a couple walking through falling cherry blossoms and aerial footage of the California gold rush. The demonstration reportedly prompted movie producer Tyler […]

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