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People's Bank of China fines Ant Group ~$984M for violations in payment, settlement, anti-money laundering, and fund sales businesses, ending a years-long probe (Bloomberg) 07-07-2023

Bloomberg: People’s Bank of China fines Ant Group ~$984M for violations in payment, settlement, anti-money laundering, and fund sales businesses, ending a years-long probe  —  Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement from the central bank … Lees verder op Tech Meme

Some EU-based Instagram users, including football clubs and media companies, are accessing Threads despite Meta not having launched the platform in the region (Bloomberg) 07-07-2023

Bloomberg: Some EU-based Instagram users, including football clubs and media companies, are accessing Threads despite Meta not having launched the platform in the region  —  European football teams, media like Le Monde and Agence France-Presse and other organizations on the continent have found … Lees verder op Tech Meme

Huawei unveils Pangu Model 3.0, its new AI model for cloud computing in operations, product R&D, and software engineering, based on its own hardware and chips (Nikkei Asia) 07-07-2023

Nikkei Asia: Huawei unveils Pangu Model 3.0, its new AI model for cloud computing in operations, product R&D, and software engineering, based on its own hardware and chips  —  China tech titan says its cloud computing is based on own hardware, chips  —  A Huawei display at the 2023 World Artificial … Lees verder op Tech Meme

Crypto bridging protocol Multichain confirms a $130M exploit affecting user-supplied tokens and recommends “all users suspend the use of Multichain services” (Shaurya Malwa/CoinDesk) 07-07-2023

Shaurya Malwa / CoinDesk: Crypto bridging protocol Multichain confirms a $130M exploit affecting user-supplied tokens and recommends “all users suspend the use of Multichain services”  —  “It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain, developers said early Friday. Lees verder op Tech Meme