Reuters Technology Roundup

"New regulatory license for social media platforms in Malaysia to  fight cyber offenses."

Views expressed in this cybersecurity and technology update are those of the reporters and correspondents.  Accessed on 28 July 2024, 2201 UTC.

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New regulatory license for social media platforms in Malaysia to fight cyber offences  Malaysia will require social media services to apply for a license if they have more than 8 millon users in the country from August 1, in an attempt to combat increasing cyber offences, said the government.

Trump cites China competition in vowing to create bitcoin 'stockpile'  Republican presidential candidate Donald Trump told a bitcoin conference on Saturday that the U.S. must dominate the sector or China would, his latest move to court advocates of cryptocurrency, which Beijing has restricted and which he once dismissed as a "scam."

Bitcoin price dips as Trump addresses crypto audience  The price of bitcoin eased on Saturday as U.S. Republican presidential candidate Donald Trump told an audience of cryptocurrency enthusiasts that bitcoin was going to the moon and he wanted the U.S. to lead the way.

Greece's former spy boss tells judges service did not use illegal malware in 2019-22  The former head of Greece's EYP intelligence service has denied allegations that the state agency used illegal phone malware in 2019-2022 to spy on targets, court documents show.

US union and Apple reach tentative labor agreement  The International Association of Machinists and Aerospace Workers (IAM) Coalition of Organized Retail Employees (IAM CORE) reached a tentative agreement with tech giant Apple on Friday over improvement in work-life balance, pay raises and job security.

SpaceX, NASA to launch Crew-9 mission next month  SpaceX and NASA said on Friday they plan to launch the space agency's Crew-9 mission to the International Space Station (ISS) no earlier than Aug. 18.

Michigan state pension fund makes $6.6 million bitcoin ETF investment  The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares Bitcoin ETF , it disclosed in a regulatory filing on Friday.

Paris Olympics broadcasters diverge on AI approach  The Paris Olympics will be a showcase of generative AI for American viewers but European audiences won't see a similar approach, a contrast that reflects how global media companies are deliberating over the use of the technology.

Amazon under second investigation in Milan for tax evasion, sources say  An Italian unit of Amazon is being investigated by Milan prosecutors for suspected tax evasion, two sources said on Friday, but the inquiry was not linked to a multi-million euro seizure from another of the group's Italian units this week.

Google to blame for slower YouTube speeds in Russia, says senior lawmaker  YouTube speeds in Russia are set to sharply decline on desktop computers due Google's failure to upgrade its equipment in Russia and its refusal to unblock channels of Russian media, a senior lawmaker close to the authorities said on Friday.

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