Quote:A significant number of the world’s leading advertisers have withdrawn their ads from X, formerly known as Twitter, following its acquisition by Elon Musk. According to new market data from consulting firm Ebiquity, big brands have not returned to X/Twitter.
Business Insider reports that marketing data exclusively provided to the outlet reveals a drastic reduction in the number of major advertisers on X/Twitter following its takeover by Elon Musk. Ebiquity, a marketing consultancy firm, has provided insights that paint a concerning picture of advertiser participation on the platform.
“An overwhelming majority of the world’s biggest-spending advertisers have stopped advertising on X following Elon Musk’s acquisition of the company,” the data from Ebiquity states.
Ebiquity, which collaborates with 70 of the top 100 global advertisers, disclosed that a mere two of its clients purchased ads on X/Twitter last month. This is a stark contrast to the 31 brands that advertised on the platform before Musk’s involvement. “This is a drop we have not seen before for any major advertising platform,” explained Ruben Schreurs, Ebiquity’s chief strategy officer.
Statements from the platform’s leadership seem to be at odds with Ebiquity’s findings. X’s CEO, Linda Yaccarino, had previously asserted that “90% of the top 100 advertisers have returned to X in the last twelve weeks alone.” However, the data suggests a different narrative, leading to questions regarding the transparency and accuracy of the public statements made by the platform’s executives.
Quote:404 Media reports that in New York City, a secretive group operated in the shadows running a sophisticated Bitcoin laundering ring. Their alleged operations were not the usual online transactions common in the cryptocurrency realm. Instead, they delved into the real world, involving bags filled with cash, discreet meetings with crooks, and communicating via encrypted chat apps.
It has been revealed through court records that a gang in New York has been operating a “cash-for-Bitcoin” service for several years, which generated a minimum of $30 million. The gang members would stand on street corners with plastic shopping bags full of money, conduct drive-by pickups, and even lay out hundreds of thousands of dollars on tables in restaurants and other meeting places.
The cyber crooks avoided conventional online Bitcoin exchanges, which often collaborate with law enforcement agencies. They opted for a more underground approach, where large sums of money, often ranging between $100,000 and $300,000, changed hands in prearranged locations, facilitating the conversion of Bitcoin into cash away from the eyes of the law. This type of service would be particularly useful for scammers who steal cryptocurrency from their targets and want to make it dificult for sleuths to follow their transactions.
Quote:The Verge reports that a courtroom battle has culminated in a million-dollar victory for Ulku Rowe, an executive at Google Cloud, who accused the tech giant of gender-based discrimination and retaliation. The jury sided with Rowe, awarding her $1.1 million in damages, recognizing the struggles she faced in the workplace due to inequality.
Rowe’s legal journey began with allegations that Google had fostered an environment where she was paid less than her less-experienced male counterparts. She also claimed that the company retaliated against her for voicing her concerns, hindering her career progression. Rowe claimed that her time at Google was marred by unfair gender-based compensation and treatment.
The jury’s decision underscored the validity of Rowe’s retaliation claims, although it did not fully support her allegations regarding pay discrimination. The legal findings indicated that Rowe was treated “differently than other employees because of her gender,” but it was not conclusively proven that this led to violations of New York’s pay equity laws.
Despite portraying itself as a leading light of progressive policies towards women, the woke company has struggled in the past to live up to its claims. Last year, Google paid out a massive settlement in a gender discrimination case:
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Are you looking to buy a brand new car?
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Well, why don't you go to the State of California?
There you could get one of the now
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infamous self-crashing cars that might go on sale any time soon thanks to California's DMV.
Quote:The California Department of Motor Vehicles (DMV) suspended the robotaxi permit of self-driving car company Cruise “effective immediately,” saying the General Motors-backed company’s driverless vehicles “are not safe for public operation.”
Additionally, Cruise “misrepresented” the safety of its vehicles, which could pose “an unreasonable risk to the public,” the California DMV said when citing why it is suspending the company’s robotaxi permit, according to a report by the Verge.
The DMV said it can revoke a permit “if a manufacturer is engaging in a practice in such a manner that immediate suspension is required for the safety of persons on a public road.”
“The DMV has provided Cruise with the steps needed to apply to reinstate its suspended permits, which the DMV will not approve until the company has fulfilled the requirements to the department’s satisfaction,” the agency said.
Lately, Cruise has been involved in a number of safety incidents, with the most recent episode being a hit-and-run by another driver earlier this month in San Francisco, which resulted in a pedestrian getting trapped underneath one of the company’s driverless vehicles.
After the hit-and-run launched a female pedestrian in front of a driverless Cruise vehicle, the Cruise vehicle braked with its rear tire on the woman’s leg, and rescuers had to use the jaws of life to get the vehicle off of her, police said.
Quote:Mark Zuckerberg’s Meta, formerly Facebook, is being sued by 42 U.S. states in multiple lawsuits accusing the tech giant of harming young people’s mental health with addictive Facebook and Instagram features. The states, however, have not filed a similar complaint against the Chinese-owned app TikTok, which has shown itself to be a danger to young people.
In one lawsuit, 33 states accuse Meta of knowingly designing Facebook and Instagram features that addict children and teens to the platforms. In addition to the 33 states, nine other attorneys general are filing suits in their states, bringing the total number of states taking action against Meta to 42, according to a report by Associated Press.
The complaint, filed against Meta Platforms Inc. in federal court in California, claims the company consistently collects data on children under 13 years of age, without their parents’ consent, which is a violation of federal law. It also accuses the tech giant of damaging young people’s mental health and contributing to the youth mental health crisis.
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The complaint was reportedly filed after an investigation by a coalition of attorneys general.
“Kids and teenagers are suffering from record levels of poor mental health and social media companies like Meta are to blame,” New York Attorney General Letitia James said. “Meta has profited from children’s pain by intentionally designing its platforms with manipulative features that make children addicted to their platforms while lowering their self-esteem.”
Meta responded to the legal action, saying it shares “the attorneys general’s commitment to providing teens with safe, positive experiences online, and have already introduced over 30 tools to support teens and their families.”
Quote:Okta, an identity and authentication management software company whose products are widely used in business and education, has fallen victim to a security breach where hackers accessed sensitive customer information through its customer support management system.
Ars Technica reports that Okta announced that hackers infiltrated its customer support management system, gaining unauthorized access to private customer information. The breach was orchestrated by obtaining valid credentials, although the specifics of how these credentials were acquired remain undisclosed.
“The threat actor was able to view files uploaded by certain Okta customers as part of recent support cases,” said Okta Chief Security Officer David Bradbury. These files, known as HTTP archive (HAR) files, are utilized by support personnel to mimic customer browser activity during troubleshooting sessions, and they may contain sensitive data such as cookies and session tokens.
Bradbury further elaborated on the potential risks, stating, “HAR files can also contain sensitive data, including cookies and session tokens, that malicious actors can use to impersonate valid users.” In response to the breach, Okta has taken corrective actions, working closely with the impacted customers to investigate the incident and revoking embedded session tokens to bolster security.
The breach was initially spotted by security firm BeyondTrust, which noticed suspicious activities and alerted Okta. However, it took a considerable amount of time for Okta to confirm the breach and communicate it to the affected parties. BeyondTrust spotted the hack when an unauthorized user attempted to use information from the hack to access its own servers.
Quote:A comprehensive report in the Detroit Free Press details how the latest data reveals that while the Biden administration is pushing hard for automakers to turn out EVs, car companies are unable to sell the models.
Data from Edmunds.com shows that in September 2022, for example, EVs sat on dealership lots for just 21 days before they were sold. Today, EVs are sitting on dealership lots for 65 days.
Automakers, as Breitbart News reported, are well aware of the issue. Tesla, General Motors (GM), Mercedes-Benz, and Ford have all started slow-walking their rapid EV production plans.
In September, most notably, Ford announced it would be pausing construction of a $3.5 billion EV battery plant in Marshall, Michigan. Ford drew fierce backlash from locals and lawmakers because the plant would have the automaker collaborate with China’s Contemporary Amperex Technology Co. (CATL), linked heavily to the Chinese Communist Party (CCP).
GM CEO Mary Barra told investors in October that the automaker is abandoning its goals to produce 400,000 EVs from 2022 through mid-2024. Similarly, GM will delay retooling its plant in Orion Township, Michigan, to build EV pickup trucks.
Meanwhile, Tesla has seen a dip in net income, which came in at $1.85 billion in the third quarter. At the same time in 2022, net income for the electric automaker was $3.29 billion. As a result, Tesla is planning to delay its production plant set for Mexico.
At Mercedes-Benz, EVs are so hard to sell that the automaker is having to effectively put them on clearance at enormously discounted prices to get them off dealership lots, according to Business Insider.
Quote:General Motors is offering $1,400 to owners of the 2020-2022 Chevy Bolt to entice them to install a diagnostic program that will determine if their battery is defective. The move is reportedly part of an anticipated class action settlement related to the battery problems that have plagued GM’s all-electric car.
In exchange for installing diagnostics software that GM says will detect whether batteries require a full replacement, the company is offering $1,400 yo ’20-’22 Chevy Bolt owners, according to a report by Electrek.
GM was forced to recall all of its Chevy Bolts after some of the electric vehicles were found to have a battery defect from supplier LG. The company now has to take the model out of production for a number of months, and later promise battery replacements to all affected owners.
Over the summer, GM said it would stop replacing 2020-2022 Chevy Bolt Batteries and instead verify the battery’s durability with software that monitors the battery over 6,200 miles, during which time Chevy Bolt owners are only allowed to charge the batteries up to 80 percent, further limiting the range of their EVs.
Quote:Bloomberg reports that Hertz, the popular car rental company, has encountered significant challenges that have caused it to miss its quarterly profit estimates. The company has been caught in the crosswinds of Tesla’s aggressive price-cutting strategies and the soaring repair costs associated with electric vehicles (EVs). Tesla has lowered its prices to boost sales, which has decreased the resale value of Hertz’s EV fleet by about one-third, according to Hertz CEO Stephen Scherr.
The repair expenses for EVs have also thrown a wrench in the gears of Hertz’s financial machinery. The costs have been almost double that of repairing traditional gasoline cars. Scherr revealed that these unexpected costs have been a significant factor affecting the company’s profits.
In response to these challenges, Hertz has decided to tap the brakes on the acquisition of new EVs. This strategic slowdown aims to allow the company to better manage and navigate through the prevailing cost-related challenges. Despite the current hurdles, Hertz remains steadfast in its commitment to electrifying its fleet. The company has ambitious plans to purchase a substantial number of EVs from automotive giants such as Tesla and General Motors. “Hertz remains committed to buying 100,000 cars from Tesla and 175,000 EVs from General Motors Co.,” affirmed Scherr.
Quote:Elon Musk has said that Starlink will provide connectivity to “internationally recognized aid organizations” in the territory of Gaza, where communications have been cut amidst the ongoing conflict between Israel and Hamas.
Israel is intensifying its military campaign against Gaza, which began in response to an attack by Hamas militants into Israeli territory earlier this month, claiming the lives of over 1,300 civilians and leading to the capture of hundreds more.
Amid this campaign, news organizations report that communications to Gaza have been almost entirely cut off. Elon Musk has promised to restore some level of connectivity using Starlink, his satellite internet company.
“Starlink will support connectivity to internationally recognized aid organizations in Gaza,” said Musk in response to a tweet from Democrat congresswoman Alexandria Ocasio-Cortez (D-NY), a staunch pro-Palestinian.
In the tweet Musk responded to, Rep. Ocasio-Cortez condemned Israel for cutting off communications in the first place.
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While Musk has pledged the use of Starlink services, it is unclear if there are even any Starlink terminals in the Gaza Strip, meaning it may be some time before the aid organizations referenced by Musk are able to restore connectivity.
Israel and its supporters reacted negatively to Musk’s message.
Quote:ByteDance is pouring record sums of money into federal lobbying while efforts to crack down on TikTok continue to mount, according to an analysis of new lobbying disclosures by OpenSecrets.
The Chinese company spent more in federal lobbying in the first three quarters of 2023 than it did any other year to date, spending roughly $7.4 million each quarter, after only spending $4.9 million in 2022, the disclosures showed.
ByteDance, which first reported payments to federal lobbyists in 2019, has spent more than $19.9 million on lobbying to date, and now ranks thirteenth among all federal lobbying clients spending during the third quarter of 2023.
The Chinese company has even spent more in federal lobbying in the third quarter of 2023 than Silicon Valley giants like Google’s parent company Alphabet Inc., Apple, and X, formerly known as Twitter.
The company, owned by a hostile foreign country, reportedly spent more than $3.7 million on federal lobbying in the last three months alone, surpassing what it spent in the entire years of 2019 and 2020 combined.
ByteDance lobbyists have reportedly begun focusing on internet technology and machine-learning-enabled content platforms that use artificial intelligence (AI) to customize feeds based on users’ preferences.
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ByteDance lobbying has recently involved “trade issues affecting internet companies including legislation related to cross-border data transfers and legal frameworks for foreign-based applications and services.”
ByteDance lobbyists have even pushed against the bipartisan bill, Protecting Kids on Social Media Act, which seeks to ban kids under the age of 13 from using social media, and require that platforms verify the age of their users.
So why are they so interested in not verifying their users' age all of a sudden?
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Highly suspicious indeed.
Quote:US tech giant Meta says it will offer Facebook and Instagram users in Europe the option of paying a monthly fee for no ads on the platforms from November.
Meta announced on Monday that it is introducing the new subscription option in the European Union, the European Economic Area and Switzerland to comply with evolving European regulations. The EU is tightening regulations on how users' data is collected for the purpose of displaying ads.
Meta says people who reside in these regions will be offered the choice to continue using Facebook or Instagram for free with ads, or subscribe and stop seeing ads.
The subscription for no ads will be available for people aged 18 and older. The monthly fee for the web version will be 9.99 euros, or about 10.60 dollars.
Quote:US President Joe Biden's administration has issued an executive order to implement safety measures on artificial intelligence systems.
The administration released the order on Monday to ensure the public's safety and security isn't adversely affected by the rapidly evolving AI technology.
The directive calls on federal agencies to set "rigorous standards for extensive red-team testing to ensure safety before public release," and requires AI developers to share safety test results and other critical information with the government.
The executive order also says companies developing any foundation model that poses a serious risk to national security and other areas must notify the federal government when training the model.
The document says the government will develop guidance for content authentication and watermarking to clearly label AI-generated content, and will expand grants for AI research in vital areas such as healthcare and climate change.
It seems like the US, especifically in California, is not the only country in the world having issues with AI-driven vehicles as of late.
Quote:A driverless vehicle has been taken off the roads in a town in central Japan after it collided with a parked bicycle.
The collision occurred on Sunday morning in the town of Eiheiji in Fukui Prefecture. Police and town officials say four people were in the vehicle but no one was injured.
Under a law that was revised in April, so-called Level-4 autonomous vehicles can operate on limited routes at restricted speeds.
In May, Eiheiji became the first municipality in Japan to operate this type of vehicle. It is used by tourists and local residents on a roughly two-kilometer route. The vehicle has a maximum speed of 12 kilometers per hour.
The vehicle is equipped with sensors and radar to avoid obstacles.
The operator -- a company funded by the town and private firms -- says it will determine the cause of the accident and take steps to prevent a recurrence.
Quote:The company's value was revealed based on its employee equity compensation plan, according to documents reviewed by Fortune. The value dropped by $1 billion since the last time the company offered employees stocks in March.
Employees were given access to X's equity at $45 a share.
The banks who helped Musk with the purchase expect to take a hit of at least 15%, or $2 billion, when they attempt to sell the debt. This would lead to the loss of hundreds of millions for those who hold the largest pieces of the debt, including Morgan Stanley, Bank of America, Barclays, and MUFG. Some involved expect the company to be rated as being at higher risk of defaulting.
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X has also cut down on staff by 80% since Musk's initial purchase. It also lost 60% of its revenue over the summer.
Quote:American IT giants Microsoft and Amazon have set their sights on winning a share of Japan's growing generative AI market. They are offering financial incentives for businesses that adopt their technologies.
Microsoft says it is setting aside 100 million dollars to support its corporate clients worldwide. About 40 percent of that is expected to benefit Japanese firms.
Microsoft will use the funds to help companies introduce its generative AI program, including costs to verify performance.
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Amazon is offering a total of 6 million dollars to assist Japanese companies that develop their own generative AI programs based on Amazon's technology.
Quote:Google CEO Sundar Pichai defended Google from allegations of dominance of the search engine market by connecting its success to the popularity of the Chrome web browser.
Pichai appeared as a witness during Google's presentation of its defense to the judge in the D.C. District Court on Monday as part of one of the most significant technology antitrust trials in a generation. The CEO defended Google from the Department of Justice's claims that Google maintains an illegal monopoly through its control of the search engine market and its agreements with mobile phone makers and web browsers to make Google the default search engine. Pichai claimed that Google's search engine prominence arose due to it investing in Chrome in the early years after its 2008 release.
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Pichai's appearance comes in the eighth week of the trial, after testimony from other executives of Google as well as executives of Apple and Microsoft.
The core of the DOJ's case has focused on whether or not Google's decadeslong partnership with Apple allowed the search engine to hold a monopoly over search, District Court Judge Amit Mehta said. If Google's deal had blocked Apple from developing its own search engine, then that would make the arrangement anti-competitive and potentially a violation of antitrust law.
The notion that search engine users have any meaningful ability to choose their search engine is "bogus," Microsoft CEO Satya Nadella testified during the trial.
His argument blows up the very moment one ask him this question: then why is Google's search engine present in other web browsers by default? Most of the time it's the primary search engine there.
Quote:Continuing his push for a more digital future, Prime Minister Rishi Sunak is set to fundamentally change how the public interfaces with the government, with his government preparing to launch an AI service dubbed “Gov.uk Chat”, The Telegraph reported.
According to the paper, a government document describes the system as a “natural language interface” that would be able to give a “human-like response” to people with inquiries about government services.
“Gov.uk Chat is designed to help users to navigate information on Gov.uk, similar to a search function, so in order to provide answers to users it needs all the data it has to provide the most accurate answer,” it stated.
The chatbot, which is currently being tested with businesses, would allow the public to ask it questions and request information about their taxes, student loans, pension benefits, and legal questions.
The Artificial Intelligence chatbot will be based on technology provided by OpenAI, the U.S.-based tech firm behind the ChatGPT chatbot...
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I just hope this won't become one of those cases where they'll blame the chatbot for any mistake it makes. Normally, you can accuse a specific official of providing false information or making you pay more than ever needed. How can you do the same with AI? The decision wouldn't be made by any human being so how can you take your case to a supervisor or manager? There's no clear resolution process you can rely on to deal with all those kinds of issues at a certain point in the (near) future.
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US NEWS
Quote:Young people attending a New York City anti-Israel rally have admitted that they learned to hate Israel by watching pro-Palestinian videos on Chinese-owned app TikTok and Mark Zuckerbeg’s Instagram.
More than a dozen young protesters who skipped school to join an anti-Israel rally in Manhattan on Thursday told the New York Post that their opinions about the Israel-Hamas war were shaped mainly by China’s TikTok and Facebook-owned Instagram, as well as their teachers.
New Utrecht High School students 17-year-old Zara Asif and 16-year-old Manoor Javed told the outlet that TikTok and Instagram videos inspired them to attend pro-Palestinian rallies around the Northeast and Washington D.C. area.
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Javed said that while her school prohibits students from talking about pro-Palestinian politics, “Everyone’s pushing and everyone is posting and that’s how we’re going to make a difference,” adding, “We won’t quit — ever.”
Another 17-year-old who identified herself as Adama told the New York Post that she follows Palestinian accounts on TikTok who are based in Gaza, saying, “Places like CNN and other mainstream media are not posting about it.”
St. John’s University student Ravia Sidhu and her 19-year-old friend, CUNY student Zarif Islam, told the outlet that they attended the Thursday rally after what Sidhu said was “a lot of doing our own research” — which included watching videos on the Chinese app.
Anti-Israel protestors were reportedly seen at the Thursday rally tearing down posters of Israeli hostages currently being held by the Palestinian terror group Hamas, with others praising those who did.
Some protestors even compared the surge in anti-Israeli sentiment to the Arab Spring of 2011, in which Twitter and Facebook galvanized protesters to take on regimes across the Middle East.
People don't know this, but
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China loves making maps. The problem is that the CCP already made Israel disappear from their own maps. You can still find cities like Jerusalem or Tel-Aviv but no Israel label anywhere in the Middle East region.
EUROPEAN NEWS
Quote:An EU tribunal made legal errors when it ruled in favour of Apple over a 13-billion-euro ($14 billion) tax order and should review the case again, an adviser to Europe's top court said on Thursday, in a potential setback for the iPhone maker.
The tax case against Apple was part of EU antitrust chief Margrethe Vestager's crackdown against deals between multinationals and EU countries that regulators saw as unfair state aid.
The European Commission in its 2016 decision said Apple benefited from two Irish tax rulings for more than two decades that artificially reduced its tax burden to as low as 0.005% in 2014.
The European Union's General Court in 2020 upheld Apple's challenge, saying that regulators had not met the legal standard to show Apple had enjoyed an unfair advantage.
But advocate General Giovanni Pitruzzella at the EU Court of Justice (CJEU) disagreed, saying CJEU judges should set aside the General Court ruling and refer the case back to the lower tribunal.
"The judgment of the General Court on 'tax rulings' adopted by Ireland in relation to Apple should be set aside," he said in a non-binding opinion.
He said the General Court committed a series of errors in law and had also failed "to assess correctly the substance and consequences of certain methodological errors that, according to the Commission decision, vitiated the tax rulings."
"It is therefore necessary for the General Court to carry out a new assessment," Mr. Pitruzzella said.
AUSTRALIAN NEWS
Quote:Electric vehicle fast-charging company Tritium will shutter its Brisbane factory and consolidate operations for better profitability in the United States.
This comes after the company reported a loss of $120.3 million (AU$189.2 million) for the 2022-23 financial year (pdf), compared to a loss of $298.6 million (AU$469.5 million) in the previous year.
Around 200 jobs will also be cut.
Tritium CEO Jane Hunter said it was necessary to close the Brisbane plant to remain competitive, while reducing general and administrative expenses.
Ms. Hunter previously said the company may be forced to close its Australian plant and move its headquarters to the United States if it is to remain financially viable.
“This transition is aligned with the company’s plan to be profitable in 2024,” Ms. Hunter said in a statement.
Quote:The Australian Government will provide $5.43 million (US$3.5 million) to an aerospace company to develop a hydrogen-powered electric air taxi for emergencies.
The Australian Renewable Energy Agency (ARENA) is delivering the funds to AMSL Aero under the 'Advancing Renewables Program.'
The aircraft operates similar to a helicopter with eight rotors and can carry five passengers over a distance of up to 1,000 kilometres.
The flying hydrogen aircraft is known as an electric Vertical Take-Off and Landing aircraft (eVTOL) and has been given the name Vertiia. eVTOLs are also sometimes referred to as air taxis or flying taxis.
AMSL Aero, based in Bankstown New South Wales, describes Vertiia as the "world's first eVTOL designed to be powered by hydrogen" and says it will save lives.
The Vertiia could be used for air ambulance, emergency services, and passenger and cargo transport. This could include fighting bushfires and carrying ambulance passengers.
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The project costs $10.86 million in total, meaning the grant covers half the cost. However, the Vertiia project has also received support from the Federal Government under the Emerging Aviation Technology Partnerships program.
Quote:Cash advocates are calling for a halt to bank and automated teller machine closures in Australia following a major telecommunications outage.
Ten million Australians and 40,000 businesses were affected when Australia's second largest telecommunications network went down on Nov. 8.
The disruption led to coffee shops, bowling alleys, businesses, and government authorities without access to Electronic Funds Transfer at Point of Sale (EFTPOS) services across Australia.
As a response, the telecommunications company said it is providing 200GB of free data to impacted customers to acknowledge their patience and loyalty. However, both a Senate and a separate government inquiry are now looming for Optus.
The outage resulted in widespread disruptions to mobile, data, and internet services, affecting various government departments, including health.
In light of these challenges, Cash Welcome, a grassroots campaign working to protect the right to use and access cash, is calling for an "immediate pause" on all banks and ATMs.
"They can't build a reliable digital payment system—so stop herding us into a cashless society," Cash Welcome posted to social media.
ASIAN NEWS
Quote:An urban air mobility (UAM) system developed by South Korea is expected to reduce travel time significantly in urban areas once in operation.
On Nov. 3, a test flight event for the South Korean UAM (K-UAM) was held at its demonstration base in Goheung County of the Jeollanam-do Province, the southernmost province in mainland Korea.
Hosted by the South Korean Ministry of Land, Infrastructure, and Transport (MOLIT) and organized by the Korean Aerospace Research Institute (KARI), the event showcased various K-UAM components, including aircraft, vertical take-off and landing platforms, traffic management systems, and service systems like terminals, marking the first public presentation of these domestically manufactured facilities in South Korea.
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Attendees, guided by narrators, toured various passenger terminal applications of technology and equipment, including the comprehensive control room and noise measurement. They also witnessed a demonstration using South Korean-developed aircraft in the first-ever established UAM operational system in South Korea.
Two aircraft models were tested at the event. SKYLA-V2, one of the two models, has a top speed of 60 mph, a range of up to 16 miles, and a maximum flight time of 20 minutes, while OPPAV, the other model tested on the day, can reach speeds of up to 150 mph, cover distances of up to 31 miles, and have a maximum flight time of 45 minutes.
Following the first-stage test flights in open areas, K-UAM will begin test flights in densely populated areas, including Seoul and its surrounding cities, starting in August next year. This verification process will continue until June 2025. At that time, the travel time required when driving a car for one hour will be reduced to approximately 20 minutes by K-UAM.
According to the passenger boarding process demonstrated at the event, passengers can make reservations through an app by inputting information such as their departure and destination, preferred departure time, and the number of passengers. Upon arriving at the vertical airport at their chosen departure time, they can board the aircraft using facial recognition and new security screening technology.