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“# Chinese online retail giant JD.com adopts digital yuan for salary payments ” JD.com has been using China’s Digital Currency Electronic Payment, or DCEP, system to pay the salaries of some employees since January. The e-commerce firm revealed the news on Sunday while announcing its participation in the one-year DCEP trial show at the fourth Digital…
“# Top Chinese banks promote CBDC over local payment firms for shopping festival ” Some of China’s largest state banks are actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers, Alipay and WeChat Pay. In an April 26 report, Reuters revealed that six of China’s largest banks…
“#Corporations that undermine American values don’t deserve GOP support” ’What’s good for General Motors is good for the country.” This was a defining American adage in the last century, because it was true: US corporations helped to make our country the most prosperous in the history of the world. But with the profits came a…
“#China invokes mythic god of war and fire to name its Mars rover” China looked to the heavens when it named its first Mars rover — calling it Zhurong, after a mythical god of fire and war. It’s in keeping with China’s ambitious plans for the Red Planet — which they call “Huo Xing,” or…
“# Asia-Pacific’s solarized digitalization agenda in pandemic times ” The virtual 7th Asia-Pacific Climate Change Adaptation Forum was jointly hosted by the Ministry of the Environment of Japan and the Asia Pacific Adaptation Network with the theme “Enabling Resilience for All: The Critical Decade to Scale-up Action.” The forum took place in March and was…
“#UK spy chief says warns West faces ‘moment of reckoning’ over tech” LONDON — Western countries risk losing control of technologies that are key to internet security and economic prosperity to nations like China and Russia if they don’t act to deal with the threat, one of the UK’s top spy chiefs warned Friday. “Significant…
“#Facial recognition should be banned, EU privacy watchdog says” BRUSSELS, April 23 – Facial recognition should be banned in Europe because of its “deep and non-democratic intrusion” into people’s private lives, EU privacy watchdog the European Data Protection Supervisor (EDPS) said on Friday. The comments come two days after the European Commission proposed draft rules that would allow facial recognition to be used to search for missing children or criminals and…
“# Our Man in Shanghai: DogeMania, ‘Dog-Coin’ trademark dogfight, hashrate outage, government warms up to crypto ” The big news this week happened on April 16th, when a major power outage in Xinjiang wreaked havoc on the BTC hash rate. According to local sources, the hash rates on Ant Mine Pool fell by 21.93%, BTC.com…
“#Wild video shows livestock ride alongside human passengers on Chinese train” And you thought the New York City subway was wild… Bizarre new video shows pigs, goats and sheep strolling the aisles of a train in China — coexisting peacefully with regular riders. The footage shows the livestock being shepherded through the train cars as…
“#US lawmakers back $100 billion science push to compete with China” A bipartisan group of US lawmakers on Wednesday introduced legislation calling for $100 billion in government spending over five years on basic and advanced technology research and science in the face of rising competitive pressure from China. The measure, sponsored by Senate Democratic Leader…