Mauritz Jarl

According to TikTok, employees in China have access to user data from the UK and the EU.

Users of the Chinese video-sharing site TikTok have been informed that some of its employees there have access to information on accounts in the UK and the EU.

The "privacy policy" was "based on a demonstrated requirement to do their work," according to the social media behemoth.

Authorities from all around the world, including those in the UK and the US, have been looking into it because of worries that data could be sent to the Chinese government.

A US official demanded that the software be prohibited in the US earlier this week.

learn more: https://lnkd.in/dhat4sRc

TikTok says staff in China can access UK and EU user data The Chinese social media giant said the policy is "based on a demonstrated need to do their job".

China Covid: Lockdown in the vicinity of the largest iPhone factory

Chinese authorities have locked down a district in Zhengzhou city - which is home to the world's largest iPhone factory - under the country's strict coronavirus measures.

The lockdown started on Wednesday and is set to last for seven days.

The move may have an impact on production of the new iPhone 14, which is made at Foxconn's plant in the city.

Chinese people and businesses are continuing to grapple with President Xi Jinping's rigid zero-Covid policy.

Workers flee Covid lockdown at China iPhone factory

Universal Resort shuts due to Beijing Covid cases

learn more: https://www.bbc.com/news/business-63481119

China Covid: Area around world's biggest iPhone plant locked down The move may have an impact on production of the new iPhone 14, which is made at Foxconn's factory.

Takeover of Musk's Twitter account: Billionaire disputes rumors' that he will terminate employees to avoid paying money.

In order to avoid having to make payments, according to a New York Times report, Elon Musk intends to fire Twitter employees before the beginning of the following month.

In response to a tweeter's inquiry over the report, he stated: "This is incorrect."

After months of legal wrangling, Mr. Musk finally completed his $44 billion (£37.9 billion) acquisition of the social networking company last week.

Top executives of the company, including the chairman, chief financial officer, and chief executive, all left after the takeover.

The New York Times reported over the weekend that Mr. Musk had mandated significant job cuts across Twitter's personnel.

learn more: https://www.bbc.com/news/business-63451979

Musk Twitter takeover: Billionaire denies report he plans to fire workers to avoid payouts The world's richest man completed his takeover of the platform last week after months of legal wrangling.

The flying vehicle with a biplane conversion capability

A start-up unveiled the details of its flying car's launch at Draper University in San Mateo, California.

Alef describes its still-in-development electric vehicle, the Model A, as the world's first real flying automobile. The company envisions the Model A to have the sleek appearance of an electric car plus the ability to take off and soar vertically for 110 kilometers (68 miles).

The company aspires to compete in a market dominated by technologically superior rivals like AirCar and the Pal-V gyrocopter, which are already capable of flight and propulsion.

The chief executive and co-founder of Alef, Jim Dukhovny, disagrees, claiming that most current automobiles are not strictly flying cars.

learn more: https://www.bbc.com/news/technology-63325341

The flying car that could turn into a biplane An American start-up reveals a novel design, but what is the future of flying cars?

TikTok rejects claims that it might be used to track US people.

A rumour that a China-based team at TikTok's parent company ByteDance intended to utilise the app to track the whereabouts of US individuals has been refuted.

The social media behemoth said on Twitter that neither the American government nor any activists, celebrities, or journalists have ever been "targeted."

The company further claims that it doesn't gather precise location information from US consumers.

The statement was made in response to a Forbes article that claimed data would have been accessed without the users' knowledge or consent.

According to the US business journal, who used papers it had access to, ByteDance had launched a surveillance effort to look into employee wrongdoing by both present and former workers.

learn more: https://www.bbc.com/news/business-63339878

TikTok denies it could be used to track US citizens In response to a media report, the firm said it does not collect precise location data from US users.

Jeff Bezos of Amazon issues a "Batten down hatches" warning regarding the economy.

Jeff Bezos, the founder of Amazon, has joined his voice to the chorus of people predicting trouble for the US economy.

The billionaire claimed on social media that the economy was telling people to "batten down the hatches."

In the US, growth has already slowed for two consecutive quarters, a development that in many other nations—but not in the US—is regarded as a recession.

Numerous economists anticipate a further slowdown as a result of the US central bank raising interest rates to combat increasing costs.

Recently, US President Joe Biden was compelled to address the matter due to the constant uproar of worry.

He stated last week in an interview "There won't be a recession, in my opinion. If so, the recession will be quite small ".

learn more: https://www.bbc.com/news/business-63319010

Amazon's Jeff Bezos in economy warning: 'Batten down hatches' With economic gloom on the US's horizon, the tech giant's boss points out warning signals.

Google teases incredibly lifelike chat technology

An app that allows people to communicate with the artificial intelligence system one of Google's developers claimed was sentient has been released in the UK.

With only three options, the experiment is extremely constrained.

Additionally, although Google is interested in input on how its Language Model for Dialogue Applications (Lamda) functions, users of the apps are unable to teach it any new skills.

The business has consistently claimed that the technology used to power chatbots is mindless and emotionless.

learn more: https://lnkd.in/eXUcGsei

Google offers glimpse of ultra-realistic chat tech Earlier this year, the company fired an engineer who claimed the Lamda AI language system had feelings.

Zoetop, the owner of Shein, was fined $1.9 million for their response to the data breach.

Due to how it handled a data breach, the owner of the fast-fashion website Shein was fined $1.9 million (£1.69 million).

In 2018, 39 million Shein accounts' login information was stolen after its parent business, Zoetop, was attacked by hackers.

Letitia James, the attorney general for New York, alleged that Zoetop had exaggerated the scope of the breach and had informed "just a portion" of the consumers who were impacted.

Shein claims that it has improved its cyber-security by taking "major efforts."

Tens of millions of Shein account holders had their names, email addresses, passwords, and credit card information stolen by hackers and sold online.

learn more: https://lnkd.in/dkwbxxce

Shein owner Zoetop fined $1.9m over data breach response New York Attorney General Letitia James accuses Zoetop of lying about the extent of the 2018 attack.

Five billion phones will be discarded as electronic garbage in 2022.

According to the International Waste Electrical and Electronic Equipment (WEEE) Forum, 5.3 billion mobile phones will be discarded this year.

Its projection, which is based on data on worldwide trade, emphasises the expanding environmental issue of "e-waste."

According to study, a lot of consumers keep their old phones rather than recycle them.

The cobalt in rechargeable batteries and the copper in wiring are precious minerals that cannot be obtained from used devices and must instead be mined.

Scientists claim that mine e-waste, not the Earth.

Countless outdated devices are "stockpiled in drawers."

WEEE director general Pascal Leroy noted that "people tend to not realize that all these seemingly little objects have a lot of value and together at a global level represent tremendous volumes."

learn more: https://lnkd.in/dwfTi497

E-waste: Five billion phones to be thrown away in 2022 Billions of phones will be hoarded in drawers and cupboards or thrown away rather than recycled, studies suggest.

Xbox vs. PlayStation: Call of Duty battle pits giants

Microsoft, the owner of Xbox, has rebuffed accusations that its proposal to acquire the company behind Call of Duty may unjustly hurt its competitors, notably Sony, the owner of PlayStation.

Microsoft wants to pay $68.7 billion (£59.2 billion) to acquire Activision Blizzard, which also produces Candy Crush and Overwatch.

According to the UK watchdog investigating the proposal, Microsoft might utilise Activision games to "out-compete" its competitors.

Microsoft stated that it was still hoping for a June 2023 closing date.

It has already received approval from Saudi Arabian and Brazilian competition authorities.

However, the Competition and Markets Authority declared last month that it would request an impartial panel to review the plan.

learn more: https://lnkd.in/dNwSvZM6

Xbox v PlayStation: Giants clash over Call of Duty Microsoft hits back at claims its proposed purchase of Activision Blizzard could harm its rival Sony.

New Quest Pro VR headset unveiled by Mark Zuckerberg

At an online developer event, Mark Zuckerberg presented the Quest Pro, a new VR headset.

Quest Pro costs $1,499 (£1,499), nearly four times as much as Meta's current headset, the Quest 2, which has a starting price of $399.

It claims slimmer lenses, a curved battery around the back of the head strap, and self-tracking controllers.

The headset also enables users to see their actual surroundings outside the screen's edge.

Unlike its predecessor, Quest Pro supports mixed reality, allowing users to view digital information overlaid on the actual world.

Mark Zuckerberg, CEO of Meta, called mixed reality "the next important step for VR."

The high launch price, according to Tong Nguyen of Gartner, turned it into a device.

learn more: https://lnkd.in/gZTNwdyC

Mark Zuckerberg reveals new Quest Pro VR headset Facebook-owner Meta has revealed a new VR headset as part of its continued metaverse push.

After US restrictions on China, shares of Asian chipmakers decline.

After the US unveiled strong new regulations to restrict sales of technology to China, shares in key Asian computer chipmakers fell.

According to the US, American companies will not be allowed to sell certain chips used in supercomputers and artificial intelligence to Chinese companies.

The regulations, which were made public on Friday, also target purchases made by foreign businesses using American-made machinery.

As the world economy weakens, technology companies are also witnessing a decline in demand.

learn more: https://lnkd.in/d_rnRC8A

Asia chipmaker shares slide after US curbs on China On Friday, Washington announced new rules to restrict sales of semiconductor technology to China.