China blocks several cryptocurrency-related social media accounts amid crackdown

Access to several of widely followed crypto-related Weibo accounts was denied, with a message saying each account “violates laws and rules.” (File/AFP)
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Updated 07 June 2021

China blocks several cryptocurrency-related social media accounts amid crackdown

  • China steps up crackdown on bitcoin, blocks several crypto-related accounts on China's Twitter-like social media platform.
  • The stepped-up crackdown also comes as China’s central bank is accelerating testing of its own digital currency.

SHANGHAI: A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining.

More actions are expected, including linking illegal crypto activities in China more directly with the country’s criminal law, according to analysts and a financial regulator.

Last month, China’s State Council, or cabinet, vowed to crack down on bitcoin mining and trading, escalating a campaign against cryptocurrencies days after three industry bodies banned crypto-related financial and payment services.

Over the weekend, access to several of widely followed crypto-related Weibo accounts was denied, with a message saying each account “violates laws and rules.”

“It’s a Judgment Day for crypto KOL,” wrote a Weibo bitcoin commentator, or key opinion leader (KOL), who calls herself “Woman Dr. bitcoin mini.” Her main account was also blocked on Saturday.

“The government makes it clear that no Chinese version of Elon Musk can exist in the Chinese crypto market,” said NYU Law School adjunct professor Winston Ma, referring to the Tesla founder and cryptocurrency enthusiast.

Ma, author of the book “The Digital War,” also expects China’s supreme court to publish a judicial interpretation soon that may link crypto mining and trading businesses with China’s body of criminal law.

The view was echoed by a financial regulator, who said that such an interpretation would address the legal ambiguity that has failed to clearly identify bitcoin trading businesses as “illegal operations.” All the rules against cryptocurrencies so far in China have been published by administrative bodies.
The Weibo freeze comes as Chinese media have stepped up reporting against crypto trading.

The official Xinhua News Agency has published articles that exposed a series of crypto-related scams. State broadcaster CCTV has said cryptocurrency is a lightly regulated asset often used in black market trade, money laundering, arms smuggling, gambling and drug dealings.

The stepped-up crackdown also comes as China’s central bank is accelerating testing of its own digital currency.


Facebook and tech giants to target attacker manifestos, far-right militias in database

The tech platforms have long been criticized for failing to police violent extremist content, though they also face concerns over censorship. (File/AFP)
Updated 27 July 2021

Facebook and tech giants to target attacker manifestos, far-right militias in database

  • Facebook, Microsoft and other tech giants are stepping up efforts to crack down on white supremacist and far right content
  • Over the next few months, the database will add attacker manifestos that are often shared by sympathizers after white supremacist violence

LONDON: A counterterrorism organization formed by some of the biggest US tech companies including Facebook and Microsoft is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-right militias, the group told Reuters.
Until now, the Global Internet Forum to Counter Terrorism’s (GIFCT) database has focused on videos and images from terrorist groups on a United Nations list and so has largely consisted of content from Islamist extremist organizations such as Islamic State, Al-Qaeda and the Taliban.
Over the next few months, the group will add attacker manifestos — often shared by sympathizers after white supremacist violence — and other publications and links flagged by UN initiative Tech Against Terrorism. It will use lists from intelligence-sharing group Five Eyes, adding URLs and PDFs from more groups, including the Proud Boys, the Three Percenters and neo-Nazis.
The firms, which include Twitter and Alphabet Inc’s YouTube, share “hashes,” unique numerical representations of original pieces of content that have been removed from their services. Other platforms use these to identify the same content on their own sites in order to review or remove it.
While the project reduces the amount of extremist content on mainstream platforms, groups can still post violent images and rhetoric on many other sites and parts of the Internet.
The tech group wants to combat a wider range of threats, said GIFCT’s Executive Director Nicholas Rasmussen in an interview with Reuters.
“Anyone looking at the terrorism or extremism landscape has to appreciate that there are other parts... that are demanding attention right now,” Rasmussen said, citing the threats of far-right or racially motivated violent extremism.
The tech platforms have long been criticized for failing to police violent extremist content, though they also face concerns over censorship. The issue of domestic extremism, including white supremacy and militia groups, took on renewed urgency https://www.reuters.com/world/us/biden-administration-unveils-plan-tackle-domestic-terrorism-2021-06-15 following the deadly Jan. 6 riot at the US Capitol.
Fourteen companies can access the GIFCT database, including Reddit, Snapchat-owner Snap, Facebook-owned Instagram, Verizon Media, Microsoft’s LinkedIn and file-sharing service Dropbox.
GIFCT, which is now an independent organization, was created in 2017 under pressure from US and European governments after a series of deadly attacks in Paris and Brussels. Its database mostly contains digital fingerprints of videos and images related to groups on the UN Security Council’s consolidated sanctions list and a few specific live-streamed attacks, such as the 2019 mosque shootings in Christchurch, New Zealand.
GIFCT has faced criticism and concerns from some human and digital rights groups over centralized or over-broad censorship.
“Over-achievement in this takes you in the direction of violating someone’s rights on the Internet to engage in free expression,” said Rasmussen.
Emma Llanso, director of Free Expression at the Center for Democracy & Technology, said in a statement: “This expansion of the GIFCT hash database only intensifies the need for GIFCT to improve the transparency and accountability of these content-blocking resources.”
“As the database expands, the risks of mistaken takedown only increase,” she added.
The group wants to continue to broaden its database to include hashes of audio files or certain symbols and grow its membership. It recently added home-rental giant Airbnb and email marketing company Mailchimp as members.


Facebook sets up new team to work on the ‘metaverse’

Facebook has invested heavily in virtual reality and augmented reality such as its Oculus VR headsets, AR glasses and wristband technologies. (File/AFP)
Updated 27 July 2021

Facebook sets up new team to work on the ‘metaverse’

  • Facebook establishes new team to work on metaverse, a digital world where people can move between different devices and virtual environments

LONDON: Facebook is creating a product team to work on the “metaverse,” a digital world where people can move between different devices and communicate in a virtual environment, CEO Mark Zuckerberg said on Monday.
The team will be part of the company’s virtual reality organization, the group’s executive Andrew Bosworth said in a Facebook post.
“You can think about the metaverse as an embodied Internet, where instead of just viewing content — you are in it,” CEO Mark Zuckerberg told The Verge in an interview last week.
Facebook, the world’s largest social network, has invested heavily in virtual reality and augmented reality, developing hardware such as its Oculus VR headsets and working on AR glasses and wristband technologies.
It has also bought a bevy of VR gaming studios, including BigBox VR. It has about 10,000 employees working on virtual reality, The Information reported in March.
Zuckerberg has said he thinks it makes sense to invest deeply to shape what he bets will be the next big computing platform.
“I believe the metaverse will be the successor to the mobile Internet, and creating this product group is the next step in our journey to help build it,” he said on his Monday Facebook post.
He told The Verge: “If we do this well, I think over the next five years or so ... we will effectively transition from people seeing us as primarily being a social media company to being a metaverse company.”


McDonald’s creates new unit to focus on global digital app

McDonald’s has more than 40 million active app users in its biggest six markets and now offers delivery in more than 30,000 restaurants. (File/Reuters)
Updated 27 July 2021

McDonald’s creates new unit to focus on global digital app

  • McDonald's creates new unit that brings together digital, data analytics, marketing, restaurant development and operations segments
  • Loyalty programs bring in valuable data about customers’ food orders and habits, which restaurants use to push specialized deals

NEW YORK: McDonald’s Corp. is bringing its digital, data analytics, marketing, restaurant development and operations segments into one unit as it focuses on driving growth through its global app and new MyMcDonald’s Rewards program, the company said on Monday.
The company rolled out MyMcDonald’s Rewards on July 8 as fast-food chains have raced to launch loyalty programs to spur sales, reach younger consumers and give customers more ways to order.
To lead the new unit, McDonald’s promoted Manu Steijaert to a new global chief customer officer position, effective Aug. 1 and reporting to Chief Executive Officer Chris Kempczinski. Steijaert previously ran international operated markets including European countries, Russia and Australia.
Nearly half of all restaurant customers use at least one loyalty program, particularly when ordering fast-food, according to a consumer survey from loyalty program provider Paytronix Systems Inc. and PYMNTS.com.
The programs rake in valuable data about customers’ food orders and habits, which restaurants use to push specialized deals in the hope of getting people to eat there more often and spend more money on extra items.
McDonald’s has more than 40 million active app users in its biggest six markets and now offers delivery in more than 30,000 restaurants, Kempczinski said in an internal message seen by Reuters. The company created the team “to remove some internal barriers and silos that ultimately lead to a fragmented customer experience,” Kempczinski said in the memo.
The company reports second-quarter earnings results on Wednesday.


EU gives Google 2 months to improve hotel, flight search results

The final prices for Google Hotel and Google Flight should include fees or taxes that can be calculated in advance. (File/AFP)
Updated 27 July 2021

EU gives Google 2 months to improve hotel, flight search results

  • EU provides Google with two months to improve the way the platform shows internet search results in relation to hotels and flights
  • Google has long faced scrutiny from antitrust enforcers and consumer groups around the world over its business practices

BRUSSELS: Alphabet unit Google has two months to improve the way it presents Internet search results for flights and hotels and explain how it ranks these or face possible sanctions, the European Commission and EU consumer authorities said on Monday.
The world’s most popular Internet search engine has long faced scrutiny from antitrust enforcers and consumer groups around the world over its business practices, which in some cases have landed it with hefty fines.
The latest grievance centers on the prices on its services Google Flights and Google Hotels.
The final prices for these should include fees or taxes that can be calculated in advance, while reference prices used to calculate promoted discounts should be clearly identifiable, the EU executive and national consumer watchdogs, led by the Dutch agency and the Belgian Directorate General for Economic Inspection, said in a joint statement.
“EU consumers cannot be misled when using search engines to plan their holidays. We need to empower consumers to make their choices based on transparent and unbiased information,” EU Justice Commissioner Didier Reynders said.
The agencies also told Google to revise the standard terms of its Google Store because some cases showed that traders have more rights than consumers.
If Google’s proposals are not sufficient, the agencies will discuss the issue further with the company and may impose sanctions.
Google said in a statement: “We welcome this dialogue and are working closely with consumer protection agencies and the European Commission to see how we can make improvements that will be good for our users and provide even more transparency.”


Police shut Al Jazeera TV’s Tunis office

Al Jazeera television said on Monday that Tunisian police had stormed its bureau in the capital Tunis. (File/AFP)
Updated 26 July 2021

Police shut Al Jazeera TV’s Tunis office

  • “Around 15 policemen, some in uniform others in civilian clothes, entered our offices and asked us to leave,” Al Jazeera director in Tunis Lotfi Hajji said
  • The move came a day after President Kais Saied ousted the prime minister and suspended parliament

TUNIS: Tunisian police on Monday closed the office of Qatari broadcaster Al Jazeera television in the capital Tunis, its bureau chief said, amid political turmoil in the North African country.
“Around 15 policemen, some in uniform others in civilian clothes, entered our offices and asked us to leave,” Al Jazeera director in Tunis Lotfi Hajji told AFP.
He said the law enforcement officers gave no reason for the actions, but confiscated the keys to the premises and forced all staff to leave.
The move came a day after President Kais Saied ousted the prime minister and suspended parliament, following a day of street protests against the government’s handling of the Covid pandemic.
Hajji said the police told Al Jazeera staff “we are following orders.”
“What is happening is very dangerous, it is proof that freedom of the press is threatened. Today it is Al Jazeera, another day another media,” Hajji said.
AFP contacted the interior minister for further details but no immediate explanations were given for the closure of the outlet’s office.