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India plans federal oversight of all real-money online games

(Reuters) – India’s planned regulation of online gaming will apply to all real-money games after the prime minister’s office overruled a proposal to only regulate games of skill and leave out games of chance, according to a government document and three sources.

The much-awaited regulations are seen shaping the future of India’s gaming sector that research firm Redseeer estimates will be worth $7 billion by 2026, dominated by real-money games. Tiger Global and Sequoia Capital have in recent years backed Indian startups Dream11 and Mobile Premier League, popular for fantasy cricket.

An Indian panel tasked with drafting the regulation in August proposed a new body to decide whether a game involves skill or chance, and then let skill games be governed by planned federal rules that call for registration requirements, know-your-customer norms and a grievance redress mechanism.

Chance games – considered akin to gambling, which is mostly banned across India – were set to stay under the purview of individual state governments which would be free to regulate them, Reuters has previously reported.

But in an Oct. 26 government meeting, an official from Prime Minister Narendra Modi’s office objected to such a differentiation, calling for expanded oversight on all types of games, according to the confidential minutes of the gathering reviewed by Reuters.

Differentiating games as skill or chance wasn’t easy due to lack of legal clarity and contrasting court decisions, the minutes quoted the official as saying, adding “online gaming may be considered as one activity/service with no distinction.”

Defining games has been contentious in India. India’s Supreme Court says the card game rummy and certain fantasy games are skill-based and legal, for example, while different state courts have held different views about games such as poker.

Modi’s office and the IT ministry, which is drafting the rules, did not respond to a request for comment.

Three people directly involved in the rule-making process, including two government officials in New Delhi, told Reuters the rules will give the federal administration broader oversight on all types of games while state governments remain empowered to impose outright bans on gambling, or games of chance.

The drafting of the new regulations comes amid growing concerns that the proliferation of such games, particularly among young people, had led to addiction and financial losses, with some reported cases of suicide.

One of the government sources said Modi’s administration continues to be concerned about potential addiction of such platforms.

The government panel’s August report had recommended new rules should include so-called “de-addiction measures” such as periodic warnings and advisories and fixing deposit and withdrawal limits.

Apple and Amazon resume advertising on Twitter, reports say

(Reuters) – Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O) are planning to resume advertising on Twitter, according to media reports on Saturday.

The developments follow an email sent by Twitter on Thursday to advertising agencies offering advertisers incentives to increase their spending on the platform, an effort to jump-start its business after Elon Musk’s takeover prompted many companies to pull back.

Twitter billed the offer as the “biggest advertiser incentive ever on Twitter,” according to the email reviewed by Reuters. U.S. advertisers who book $500,000 in incremental spending will qualify to have their spending matched with a “100% value add,” up to a $1 million cap, the email said.

On Saturday, a Platformer News reporter tweeted that Amazon is planning to resume advertising on Twitter at about $100 million a year, pending some security tweaks to the company’s ads platform.

However, a source familiar with the matter told Reuters that Amazon had never stopped advertising on Twitter.

Separately, during a Twitter Spaces conversation, Musk announced that Apple is the largest advertiser on Twitter and has “fully resumed” advertising on the platform, according to a Bloomberg report.

Musk’s first month as Twitter’s owner has included a slashing of staff including employees who work on content moderation and incidents of spammers impersonating major public companies, which has spooked the advertising industry.

Many companies from General Mills Inc (GIS.N) to luxury automaker Audi of America stopped or paused advertising on Twitter since the acquisition, and Musk said in November that the company had seen a “massive” drop in revenue.

Apple and Twitter did not immediately respond to Reuters request for comment on the matter.

3 Tips for Implementing a Collaborative Culture at Your Workplace

3 Tips for Implementing a Collaborative Culture at Your Workplace by Robert M Donaldson

Collaborative culture improves workplace productivity and efficiency. The renowned leadership expert Robert Donaldson talks about how companies can successfully implement it within the organization.

Collaboration leads to improved productivity, better efficiency, and enhanced ROIs. Leader-managers have to understand that the individual growth of each team member becomes an uncompromising complementary function to support group mission success. That’s a fancy way of saying that if you want a successful group, you build it based on the empowerment of each person within the group from the bottom up and make sure they’re led by highly collaborative leaders.

Robert Donaldson recently shared three effective tips for implementing collaborative culture. By following these guidelines, you can easily incorporate and promote a culture of collaboration within your organization.

1) Create a Collaborative Priority

In collaborative groups, the actual act of collaboration sits equally important as each person’s technical skills. In the past (and still today in most groups), having good technical skills is the primary method by which the new leader-managers advance up from the worker pool. What we find in many successful groups today is that when a person is advanced into leadership based on their collaborative ability, the group’s performance increases significantly.

This is powerfully significant: when you hire a person to be a leader-manager who has the combined skill sets of collaboration along with technical skill sets, it makes for an unbeatable combination.

By placing a higher priority on collaboration as a method by which a person advances in the organization, it starts to marginalize people who don’t want to collaborate. Highly collaborative leader-managers expect the same from the people who follow them. This means they will happily take the time to neutralize those in the group who don’t want to collaborate.

When prioritizing collaborative behaviors, leader-managers reduce the amount of fear present in the group by advancing inclusion, delegating control, and enhancing openness. When the leader-managers do this, group members move away from a “flight, fight, and freeze” mental workplace toolbox and replace it with a “rational, logical and ethical” mental toolbox. Most leader managers in most groups have no idea of how a collaborative workplace reduces fear and advances superior decision-making at every single level of the organization. And while you’re almost going to get tired of hearing me say this, the fact is that with a collaborative priority, groups can attract and keep their best talent. Others who only want to concentrate on their personal agendas simply leave.

Takeaway: Given enough time, all you’re left with is a bunch of people who just want to collaborate. Imagine that!

2) Create Experts

In a collaborative environment, leader-managers want to enhance mission-centered independent decision-making on the part of each member. This results in high levels of Job Satisfaction and massive Mission-Centered productivity all at the same time.

In collaborative groups, training is designed to create an expert level of knowledge, whether it’s tech-related, about problem-solving or collaboration. Highly collaborative groups believe that the world is essentially undertrained, and they resolve this issue by putting an extraordinary amount of effort into training their people to expert levels.

When people are trained to expert levels in all their various roles, it allows them to make better decisions. This ultimately reduces the direct supervision burden on the part of the leadership while allowing group members to be very satisfied, effective, and autonomous decision-makers. It feels good to have the autonomy to make decisions and to have the skill sets necessary to make the right decisions.

Empowerment through training to expert levels and then delegating tasks to your newly developed experts allows leader-managers to manage less and lead more.

Take away: When creating experts, instead of watching the bumper cars colliding at the county fair, everybody is now a Formula One Race Machine: elegant, purposeful, and inspired.

Collaborative Power Grab by Robert M Donaldson

3) Lead More, Manage Less

Now dovetailing off the advantages of Creating a Collaborative Priority and Creating Experts, leader-managers are able to manage less. This then gives them more time to lead.

When you prioritize collaboration and couple that with creating experts in the group, the problems that used to show up on your desk stop arriving. The typical reason a leader-manager has to increase direct supervision with the team below them is to make sure the outputs meet the requirements of senior management.

What I am proposing here is that when you take several simple steps to increase the expertise of the group members below the leader-manager and then delegate more management tasks to your new experts, the amount of time spent on direct supervision drops significantly, allowing the leader-manager to lead more and manage less.

Don’t get me wrong, good managers indeed do a lot of things really well but if they don’t delegate those management duties to their newly created experts, they won’t have the time to lead. When leader-managers are too busy managing and they’re not leading, it’s a ship without a rudder. As this rudderless ship is chaotically bouncing around, all your high performers hit the front door and never come back.

Even though everybody looks busy, the culture is aimless, problem-solving is extremely stunted, productivity always seems to be a forced march, and you can forget about innovation.

Group members, such as selfish actors and manipulators, run with their own personal agendas going unattended by a leader-manager who does just the opposite by managing more and leading less, driving the culture into the ground.

Great leaders are no-nonsense defenders of the culture that encourages and, yes, sometimes demands that everyone must be the best of what they can be. They are always looking for ways to increase inclusion, control, and openness for their followers. They relentlessly get people involved as one of their highest priorities.

They know that recovery from mistakes is more important than blame. They know that they can’t punish their way to success. They know that high levels of training are critical in helping a group achieve great things and that high levels of training give people the opportunity to grow and have more job satisfaction.

They protect the culture from destructive behavior. They know that toxic behavior paralyzes hardworking collaborators in their group and that as long as the bullies are in charge, the leader is not.

Great leaders love innovation. They love great ideas that improve the group toward mission success, regardless of who that idea comes from. Great leaders develop a healthy relationships with calculated risks. They know that if they don’t constantly innovate, the group is not standing still but actually falling behind.

Take away: I don’t care how satisfied you might feel while busy performing your management duties. If you don’t delegate, you don’t lead. And please know your highly-trained experts will manage your tasks just fine – get out there and lead now! 

Conclusion

1 – When leader-managers prioritize collaboration, it allows people to move away from a fight, flight, and freeze, leading them towards logical, rational, and ethical approaches. By marginalizing personal agendas, group members start to realize something that’s deeply satisfying for every human: they’re part of something larger than themselves. 

2 – When leader-managers empower each and every group member to expert levels with high levels of training, these new experts become more autonomous and make mission-centered independent decisions causing their job satisfaction levels to skyrocket right along with their performance. The combined increase of individual performance then leaves a dramatically positive impact on mission success.

3 – When leader-managers reduce the massive amount of direct supervision they spend on their management tasks and lead more, group performance explodes on the scene like never before.

Media Contact
Brand Name: The Lost Art of Collaboration™
Company Name: Collaborative Strategies Consulting Inc. (a California corporation)
Contact Person: Robert M. Donaldson
Email: rdonaldson@thelostartofcollaboration.com
Live Answering Service: 1 (866) 773 4473 
Website: Collaborative Power Grab

Genocidal graffitibedaubed on the walls of JNU unleashed prevalent hatred of Ambedakarwadi communists against Brahmins

Jawaharlal Nehru university is undeniably a land of controversies, conspiraciesand chaos where traitors who are now purporting to be the voice for uniting India with Congress, had shouted to break India, where students forget to leave the campus due to addiction of free food, stipend, and golden opportunity to be hired as an activist by any political party which extols their ideology. This is the place where even the greatest minds of India studied, but now university is smeared with indelible shame routinely caused by the struggling feeble communist roots. JNU never fails to astound entire nation, we can call it its fame or defame. This is current plight of India’s one of the best universities. However, itis not right to call it university as now it has turned into a political arena where arson, violence, and irrelevant protests are maliciously planned, and after riot, the rioters even disguised as old students find shelter inside and the communists shamelessly guard them.

Where educating new generations with a brand new ways should be a first priority, there hatred for a community is emanating unabated, communalizing a faction of violent youngsters brainwashed by leftists against Hinduism. The influence on particular castes that are profusely fed hate and ire against the upper caste which is already economically suffering because of reservations, is intense that can be seen in recent incident took place in JNU. The walls of the campus were splattered with genocidal graffiti against Brahmin and Baniyas by unknown yet well known communist elements, threatening the upper castes to face the blood with slogans like “Brahman & Baniyas leave India, we are coming for you, and there will be blood”.

This call for genocide of Brahmins and Baniyas is infamous desire of left ecosystem, brainwashing and poisoning lower caste students for their own purpose, lauding Bheemism and promoting hate against Hinduism. Consequently, the deracinated lower caste Hindus still continue to feel the ancient exclusivity and fictitious discrimination which they hardly experienced in their lives now, anddeliberately exasperate upper caste with such graffiti for a conflict that is propitious for the left. As communism thrives on violence and chaos.

Brahmins are rancorously targeted, abetted and threatened by the emerging Bheemism fueled by communists and Islamists. Often times, by different ways, Brahmins are vilified for their culture which Bollywood activists want to obliterate, because they know the end of a community is possible only when its culture is destroyed. Here is why basic ways of Hindu marriages are targeted hatefully and attempts to change the rituals are made through advertisements and speeches.

The threatening graffiti in JNU is disclosing the hidden danger for Hindus lurking behind to harm the community under the aegis of Islamist purporting to be so inclusive and amiable with lower caste students. Dr. Ambedkar is now a medium of all the hate splattered on walls, books, and placards in protests. Using his image is sort of like justifying hate, violence, and genocidal slogans in the name of freedom of speech. Which is why all these hateful graffiti in JNU was accompanied by Jai Bheem slogan written on the walls. This hate painted on walls doesn’t bother any liberal and politicians who get unimaginably saddened by a Hindu man urging to make India a Hindu Rastra. Everything becomes so normal that nobody gives any attention to these threats despite seeing how so-called oppressed faction is misusing their rights to humiliate upper castes due to their unbridled hate against them. Even media is silent as if such things are so common in JNU. The journalists who called a rioter Rambhaktreading his facebook profile, are unable to make a comment on this incident despite knowing the reality behind this popular hatred. It’s probably because the hate mongers are their real audience, therefore calling them bheemists is quite difficult for these self claimed unbiased journalists.

Communalism is continually thriving in JNU, enticing all the anti Hindu elements to do such acts oftentimes in order to provoke the Hindus to stand against this. And when Hindus come out and retort fervently, all the communists, journalistscome out to highlight and weave stories of Hindu communalism to blame Hindus for violence that occurs afterwards. This is very common maneuverused by leftists and Islamists thesedays. This opportunistic rapport between lower caste Hindus and Islamists friendly leftists is strengthened by hate they regale each other. Standing behind schedule caste, leftists and Islamists are pushing their agenda withoutbeingvisible. That’s why this is certainly more dangerous situation for Hindus, as the hate against them is routinely intensified in bheemists beingcajoled and misguided by leftists which we can clearly see in JNU and society where Brahmins are being insulted, forced to do inappropriate things by lower caste oppressors withthreats of false SC St cases against them. However these incidents fail to be headlines, may be because Indian constitution is allowing it.

Graffiti culture has always been used to usher a society either to a chaos or a harmony. This JNU incident is utterly alarming for the Indian society which is not being vigilant about these things demanding blood of Brahmins. The universities are currently on the cusp of becoming educational hell filled with demons craving chaos and violence. This is the need of the hour to bring reforms and discipline in these universities where seeds of violence, hate, conspiracy, treason, and communalism are painted.  It is the time to instill fear of law in these elements who are trained to ignite the fire of conflicts between communities on account of their insatiable appetite and unhealthy conceit. So that educational institutions won’t lose their fame, where students can be taught without any disturbance to contribute to the betterment of the nation which is hardly prioritized in left ideology.

Provocative graffiti can inflict damage to the harmony of the society, as well as the institution. Universities should remain universities, eradicating all the threats, instead of being a battle field. For, if Jai Bheem, Allah u Akbar can be written on the walls along with genocidal slogans, then it would be surprising if we witness other religious slogans in the campus, intensifying the environment. Although this type of provocation crafted by communists has only one purpose– conflicts and violence, yet this can’t be a reason to normalize this amount of hate and violence in the universities. University administration must be vary about these incidents and restrain such effrontery of anti Brahmins elements in the premises.

A Paradigm Shift in the Graphic Novel Work in Progress of Artist-Writer Anil CS Rao

‘THE CONTRACTOR & THE ENGINEER’ - A Graphic Novel by Anil CS Rao

‘THE CONTRACTOR & THE ENGINEER’ –It is a narrative set around the character of an Indian engineer in his mid-twenties living and working in Manhattan, New York. He takes three weeks’ leave from his job to travel to his native city in India, Vizag–and finds himself–unpremeditated–returning The States a married man.

Anand, the protagonist, the “Engineer,” was requested by the potential wife prior to the marriage to sign a prenuptial contract as a condition for marriage –stating that either his new spouse–hence the “Contractor” could annul the marriage with no further questions.

While Roopa remains in India awaiting her travel papers to join Anand–Anand gets involved romantically with his bisexual friend Prinny Alavi, who prior to his marriage, occupied the adjacent apartment in the same building as Anand.

Roopa eventually arrives in Manhattan to join Anand. On the last leg of her journey from Vizag on an Air India flight into New York’s JFK–she befriends a young Kuchipudi dancer and Ph.D. candidate at Hyderabad’s Central University, Protima Narayan–who will give a one-month workshop at NYU’s Tisch School of Arts. In the one month, Protima is in Manhattan–just a 10-minute walk from Anand and Roopa’s apartment in the West Village–Protima senses a sort of unsatisfied ennui in Roopa’s marriage–given Anand finds himself in the office most of the day and is too tired to interact upon his return to the apartment. It is through Protima–not Anand–that Roopa “discovers” both the standard sights and hidden charms of Manhattan through daily excursions in the city and once on a chilly walk through Central Park, culminating in a brunch at the famous landmark Tavern on the Green.

After Protima’s departure back to Hyderabad–Roopa enrolls in the MFA photography program at Pratt Institute in Brooklyn that she had been accepted into while still in Vizag. . She falls precariously in a romantic relationship with a fellow student, Sunil Ghanshani, an undergrad from Bombay’s JJ College of Arts three years her junior, in the program.

A year and a half after their wedding in Vizag -Anand & Roopa’s marriage hit on the rocks–but there is a glimmer of hope from the most unexpected source … Protima in the end–despite her inappropriate incursions into Roopa’s marital affairs–has a heart and intentions that are revealed to be of gold

The outcome is predictable, and the premise has been done in countless permutations and combinations in other narratives presented in books, films, and media.

So “Paradigm Shift”: in which context would the term apply to Rao’s latest work?

Rao claims the writing and artwork–unlike his prior graphic novel work–has been given detailed consideration as to quality issues–specifically in the effective translation of Rao’s vision through the 3D Application Daz Studio and GIMP software (both of which are available for free on the web)–into the individual panels and resulting page layouts delivering the narrative Rao intends to deliver. No compromises have been made because of limitations of the software–and consider the fact that Rao has no freehand illustration or painting skills: everything is done using a standard mouse and keyboard.

Rao also claims he intends to present the first narrative in comic book format, addressing issues of marriage and relations from a unique cross-cultural perspective. Rao’s own student day memories in New York and during summer holidays in India are the source of the observations from which he constructed the narrative for THE CONTRACTOR & THE ENGINEER.

Rao will launch THE CONTRACTOR & THE ENGINEER in English and Telugu at the next forthcoming Hyderabad Comic Con held bi-annually at HITEC City.

Uber, Aurora to expand self-driving truck ops in Texas to meet holiday rush

(Reuters) – Uber Technologies Inc (UBER.N) and self-driving technology company Aurora Innovation Inc (AUR.O) will expand their driverless pilot program in Texas to meet increased delivery demand during the holidays.

The program will be expanded to the recently launched 600-mile commercial lane between Fort Worth and El Paso in Texas to support customers of logistics business Uber Freight as it ships goods this holiday season, Aurora said on Friday.

Uber Freight is a platform which connects shippers who need goods moved with available truck drivers.

The companies launched their pilot program about a year ago to autonomously transport goods between Dallas and Houston.

“We’re crafting Aurora Horizon to help carriers of all sizes alleviate some of the supply-chain pressures that typically accompany (holiday season),” Aurora co-founder Sterling Anderson said. Aurora Horizon is its truck-specific self-driving product.

Autonomous goods hauling has been seen as the future of logistics as it could increase truck utilization and boost transportation frequency between terminals.

Human truck drivers are not allowed to drive more than 11 hours per day in the Unites States.

Aurora Innovation, which also counts FedEx Corp (FDX.N) and Toyota Motor Corp (7203.T) as partners, looks to launch the Aurora Driver self-driving platform at the end of 2024.

Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reports

Trade Wars Between China and U.S.A.

(Reuters) – Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ crypto exchange Gemini $900 million, the Financial Times reported on Saturday.

Crypto exchange Gemini is trying to recover the funds after Genesis was wrongfooted by last month’s failure of Sam Bankman-Fried’s FTX crypto group, the newspaper said, citing people familiar with the matter.

Venture capital company Digital Currency Group, which owns Genesis Trading and cryptocurrency asset manager Grayscale, owes $575 million to Genesis’ crypto lending arm, Digital Currency Chief Executive Barry Silbert told shareholders last month.

Gemini, which runs a crypto lending product in partnership with Genesis, has now formed a creditors’ committee to recoup the funds from Genesis and its parent DCG, the report added.

Genesis and Gemini did not immediately respond to Reuters’ request for comment.

Genesis has hired investment bank Moelis & Company to explore options including a potential bankruptcy, the New York Times reported last month, citing three people familiar with the matter.

Genesis Global Capital suspended customer redemptions in its lending business last month, citing the sudden failure of crypto exchange FTX.

Crypto trading platform FTX filed for bankruptcy protection in the United States on Nov. 11 in the highest-profile crypto blowup to date, after traders pulled billions from the platform in three days and rival exchange Binance abandoned a rescue deal.

Benefits of betting using your mobile phone

Sports betting is a lucrative business that is worth billions of dollars. The availability of mobile apps has made it easier for punters to place bets from anywhere. This article will talk about some of the benefits of using sports apps on your mobile phone.

Mobile phones have made it possible for people to bet on sports while they are on the go. Sports betting apps offer a variety of features which make them easy to use and provide more convenience to punters than traditional methods such as visiting a physical betting shop or calling up an agent via telephone.

So, have you yet tried using any of the best sports betting apps to place a wager? If the answer is no, it is worthwhile for you to read this post. You can understand everything you want to know regarding mobile betting from this post. Additionally, if you have a mobile application installed on your devices, you can explore additional benefits.

Sports Betting Apps are Accessible

Online betting has revolutionized the sports betting industry. It is now possible to place a bet in just a few seconds from anywhere on the planet. The spread of online betting has had a significant impact on both the number of people who are gambling, and the amount of money that is being bet on sporting events.

There are many different types of sports betting apps that offer a variety of features. Some offer more than just placing bets and allow players to manage their bankrolls or follow their favorite teams for live updates. These apps also have an extensive list of available games and odds for players to choose from.

Mobile betting is reliable

Mobile betting is now safer than ever before. With the help of advanced encryption systems, mobile betting sites have become more secure than ever before. You can use these methods to ensure that your money is safe:

– Check out the reputation of the site before playing there

– Find out how they keep your data private

– Ensure that the site uses SSL encryption

Mobile Betting offers promotions and incentives

Mobile betting companies sometimes offer promotions and incentives in order to entice people to sign up for their services. These include sign-up incentives, reload rewards, and cash-back promotions.

Some of the most popular bonuses are free bets, free spins, cash back promotions, and reload rewards. The most popular bonuses for playing online casino games are the sign-up rewards. These are usually awarded as a proportion of your initial payment, to a certain limit. Reload bonuses are given on successive deposits instead of your first deposit. These bonuses reimburse a percentage of your profits, up to a predetermined amount. This is a great way to build customer loyalty and foster customer retention.

Mobile sportsbooks are essential for the success of the gambling industry. But, early adopters of mobile betting point to the lack of security as a major issue. Cryptography is one of the foremost significant security methods utilized by mobile sportsbooks. So same encryption method is employed by banking and other economic institutions to safeguard your data from being stolen or lost.

Exclusive: Twitter leans on automation to moderate content as harmful speech surges

(Reuters) – Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distribution rather than removing certain speech outright, its new head of trust and safety told Reuters.

Twitter is also more aggressively restricting abuse-prone hashtags and search results in areas including child exploitation, regardless of potential impacts on “benign uses” of those terms, said Twitter Vice President of Trust and Safety Product Ella Irwin.

“The biggest thing that’s changed is the team is fully empowered to move fast and be as aggressive as possible,” Irwin said on Thursday, in the first interview a Twitter executive has given since Musk’s acquisition of the social media company in late October.

Her comments come as researchers are reporting a surge in hate speech on the social media service, after Musk announced an amnesty for accounts suspended under the company’s previous leadership that had not broken the law or engaged in “egregious spam.”

The company has faced pointed questions about its ability and willingness to moderate harmful and illegal content since Musk slashed half of Twitter’s staff and issued an ultimatum to work long hours that resulted in the loss of hundreds more employees.

And advertisers, Twitter’s main revenue source, have fled the platform over concerns about brand safety.

On Friday, Musk vowed “significant reinforcement of content moderation and protection of freedom of speech” in a meeting with France President Emmanuel Macron.

Irwin said Musk encouraged the team to worry less about how their actions would affect user growth or revenue, saying safety was the company’s top priority. “He emphasizes that every single day, multiple times a day,” she said.

The approach to safety Irwin described at least in part reflects an acceleration of changes that were already being planned since last year around Twitter’s handling of hateful conduct and other policy violations, according to former employees familiar with that work.

One approach, captured in the industry mantra “freedom of speech, not freedom of reach,” entails leaving up certain tweets that violate the company’s policies but barring them from appearing in places like the home timeline and search.

Twitter has long deployed such “visibility filtering” tools around misinformation and had already incorporated them into its official hateful conduct policy before the Musk acquisition. The approach allows for more freewheeling speech while cutting down on the potential harms associated with viral abusive content.

The number of tweets containing hateful content on Twitter rose sharply in the week before Musk tweeted on Nov. 23 that impressions, or views, of hateful speech were declining, according to the Center for Countering Digital Hate – in one example of researchers pointing to the prevalence of such content, while Musk touts a reduction in visibility.

Tweets containing words that were anti-Black that week were triple the number seen in the month before Musk took over, while tweets containing a gay slur were up 31%, the researchers said.

‘MORE RISKS, MOVE FAST’

Irwin, who joined the company in June and previously held safety roles at other companies including Amazon.com and Google, pushed back on suggestions that Twitter did not have the resources or willingness to protect the platform.

She said layoffs did not significantly impact full-time employees or contractors working on what the company referred to as its “Health” divisions, including in “critical areas” like child safety and content moderation.

Two sources familiar with the cuts said that more than 50% of the Health engineering unit was laid off. Irwin did not immediately respond to a request for comment on the assertion, but previously denied that the Health team was severely impacted by layoffs.

She added that the number of people working on child safety had not changed since the acquisition, and that the product manager for the team was still there. Irwin said Twitter backfilled some positions for people who left the company, though she declined to provide specific figures for the extent of the turnover.

She said Musk was focused on using automation more, arguing that the company had in the past erred on the side of using time- and labor-intensive human reviews of harmful content.

“He’s encouraged the team to take more risks, move fast, get the platform safe,” she said.

On child safety, for instance, Irwin said Twitter had shifted toward automatically taking down tweets reported by trusted figures with a track record of accurately flagging harmful posts.

Carolina Christofoletti, a threat intelligence researcher at TRM Labs who specializes in child sexual abuse material, said she has noticed Twitter recently taking down some content as fast as 30 seconds after she reports it, without acknowledging receipt of her report or confirmation of its decision.

In the interview on Thursday, Irwin said Twitter took down about 44,000 accounts involved in child safety violations, in collaboration with cybersecurity group Ghost Data.

Twitter is also restricting hashtags and search results frequently associated with abuse, like those aimed at looking up “teen” pornography. Past concerns about the impact of such restrictions on permitted uses of the terms were gone, she said.

The use of “trusted reporters” was “something we’ve discussed in the past at Twitter, but there was some hesitancy and frankly just some delay,” said Irwin.

“I think we now have the ability to actually move forward with things like that,” she said.

Musk delivers first Tesla truck, but no update on output, pricing

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts for the truck’s pricing, production plans or how much cargo it could haul.

Musk, who appeared onstage at an event at Tesla’s Nevada plant, said the battery-powered, long-haul truck would reduce highway emissions, outperform existing diesel models on power and safety and spin-off a fast-charging technology Tesla would use in its upcoming Cybertruck pickup.

“If you’re a trucker and you want the most badass rig on the road, this is it,” Musk said, noting that it was five years since Tesla had announced it was developing the all-electric truck. Still, industry experts remain skeptical that battery electric trucks can take the strain of hauling hefty loads for hundreds of miles economically.

At Musk’s first Tesla reveal since taking over Twitter – an acquisition some investors worry has become a distraction – the company did not announce pricing for the Semi, provide details on variants of the truck it had initially projected or supply a forecast for deliveries to PepsiCo or other customers. Tesla said it would begin using the Semi to ship parts to its plant in Fremont, California.

In 2017, Tesla had said the 300-mile range version of the Semi would cost $150,000, and the 500-mile version $180,000, but Tesla’s passenger electric vehicle prices have increased sharply since then.

Robyn Denholm, chair of Tesla, recently said the automaker might produce 100 Semis this year. Musk has said Tesla would aim to produce 50,000 of the trucks in 2024.

PepsiCo, which completed its first cargo run with the Tesla truck to deliver snacks for those attending the Nevada launch event, had ordered 100 trucks in 2017.

Brewer Anheuser-Busch (ABI.BR), United Parcel Service Inc (UPS.N) and Walmart Inc (WMT.N) were among other companies that had reserved the Semi. Tesla did not provide details on orders or deliveries to customers, nor an estimate on what the total cost of ownership for future buyers would be compared to diesel alternatives.

‘NOT IMPRESSIVE’

Musk said the Semi has been doing test runs between Tesla’s Sparks, Nevada factory and its plant in Fremont, California. Tesla said it had completed a 500-mile drive on a single charge, with the Semi and cargo weighing in at 81,000 pounds in total.

Tesla did not disclose the weight of an unloaded Semi, one key specification analysts had hoped to learn and an important consideration for the efficiency of electric trucks.

Musk has spoken in the past about the prospect of fully autonomous trucks. Tesla did not provide details on how Tesla’s driver assistance systems would function in the Semi it unveiled on Thursday or future versions.

The Semi delivery presentation ended without Musk taking questions, as he often does at Tesla events.

“Not very impressive – moving a cargo of chips (average weight per pack 52 grams) cannot in any way be said to be definitive proof of concept,” said Oliver Dixon, senior analyst at consultancy Guidehouse.

Tesla had initially set a production target for 2019 for the Semi, which was first unveiled in 2017. In the years since, rivals have begun to sell battery-powered trucks of their own.

Daimler’s (MBGn.DE) Freightliner, Volvo (VOLVb.ST), startup Nikola (NKLA.O) and Renault (RENA.PA) are among Tesla’s competitors in developing alternatives to combustion-engine trucks.

Walmart (WMT.N), for instance, has said it has been testing Freightliner’s eCascadia and Nikola’s Tre BEV trucks in California.

‘LIKE A CHEETAH’

The Semi is capable of charging at 1 megawatt and has liquid-cooling technology in the charging cable in an updated version of Tesla’s Supercharger that will be made available to the Cybertruck, Musk said. The Cybertruck is scheduled to go into production in 2023.

Trucks in Semi’s category represent just 1% of U.S. vehicle sales but 20% of overall vehicle emissions, Tesla said.

Tesla said other, future vehicles would use powertrain technology developed for the Semi without providing details. The Semi uses three electric motors developed for Tesla’s performance version of its Model S, with only one of them engaged at highway speed and two in reserve for when the truck needs to accelerate, a feature that makes the truck more energy-efficient, Musk said.

“This thing has crazy power relative to a diesel truck,” Musk said. “Basically it’s like an elephant moving like a cheetah.”

In a slide displayed as part of Musk’s presentation, Tesla showed an image of a future “robotaxi” in development with a mock-up of the future car covered under a tarp.

The presentation took place after Tesla shares closed at $194.70. The stock has fallen about 45% so far this year, losing about $500 billion in market capitalisation, down to about $615 billion.

Among factors cited by investors have been Musk’s sales of Tesla shares to finance his takeover of Twitter, signs that a slowing global economy has started to cut into demand for Tesla’s premium-priced cars, and a warning by the company that it might not meet its target to grow deliveries by 50% this year.

‘LIKE A CHEETAH’

The Semi is capable of charging at 1 megawatt and has liquid-cooling technology in the charging cable in an updated version of Tesla’s Supercharger that will be made available to the Cybertruck, Musk said. The Cybertruck is scheduled to go into production in 2023.

Trucks in Semi’s category represent just 1% of U.S. vehicle sales but 20% of overall vehicle emissions, Tesla said.

Tesla said other, future vehicles would use powertrain technology developed for the Semi without providing details. The Semi uses three electric motors developed for Tesla’s performance version of its Model S, with only one of them engaged at highway speed and two in reserve for when the truck needs to accelerate, a feature that makes the truck more energy-efficient, Musk said.

“This thing has crazy power relative to a diesel truck,” Musk said. “Basically it’s like an elephant moving like a cheetah.”

In a slide displayed as part of Musk’s presentation, Tesla showed an image of a future “robotaxi” in development with a mock-up of the future car covered under a tarp.

The presentation took place after Tesla shares closed at $194.70. The stock has fallen about 45% so far this year, losing about $500 billion in market capitalisation, down to about $615 billion.

Among factors cited by investors have been Musk’s sales of Tesla shares to finance his takeover of Twitter, signs that a slowing global economy has started to cut into demand for Tesla’s premium-priced cars, and a warning by the company that it might not meet its target to grow deliveries by 50% this year.

DOJ watchdog seeks independent review of FTX bankruptcy

bitcoins

(Reuters) – The U.S. Department of Justice’s bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange FTX, saying customers need a neutral party to investigate allegations of “fraud, dishonesty, incompetence, misconduct, and mismanagement.”

FTX has ousted founder Sam Bankman-Fried, and new CEO John Ray, who was hired to steer the company through bankruptcy, has said investigating FTX’s implosion and recovering customer assets are among his top priorities.

The DOJ’s Office of the U.S. Trustee said in a filing in Delaware bankruptcy court that it did not question Ray’s competence or earnestness, but an independent investigation would carry more weight with FTX customers and allow Ray to devote more energy to stabilizing FTX’s operations.

FTX did not immediately respond to a request for comment.

“The questions at stake here are simply too large and too

important to be left to an internal investigation,” U.S. Trustee Andrew Vara wrote in court papers.

Ray has said the lapses in oversight, security and corporate governance he identified were greater than in any other process he has managed in his 40 years as a bankruptcy specialist.

A neutral examiner would also provide more public and transparent findings than an internal review, the U.S. Trustee wrote, which is “especially important because of the wider implications that FTX’s collapse may have for the crypto industry,” Vara added.

FTX filed for bankruptcy in November after a week in which a possible merger with rival crypto exchange Binance failed, FTX founder Sam Bankman-Fried was faced with allegations he had funneled customer deposits to FTX’s affiliated trading firm Alameda Research, and the exchange experienced withdrawals of about $6 billion in just 72 hours.

Bankman-Fried has said he is “deeply sorry about what happened” and acknowledged a “massive failure of oversight of risk management,” but said he did not intentionally commingle FTX’s user deposits with Alameda’s trading activity.

Examiners have been appointed in the bankruptcies of crypto companies Celsius Network and Cred Inc.

After FTX collapse, pressure builds for tougher crypto rules

(Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest call for tougher oversight of a sector prone to meltdowns.

Policymakers have for years highlighted the need for effective rules on the crypto industry, pointing to risks to consumers after a string of big market crashes and corporate failures.

But cryptocurrencies and related businesses remain mostly unregulated.

The European Union regulations designed to bring crypto to heel are expected to take effect in 2024, but the United States in particular still lacks overarching rules.

The collapse of Sam Bankman-Fried’s FTX was the biggest in string of big crypto-related failures this year. It sparked a cryptocurrency rout and has left an estimated 1 million creditors facing losses of billions of dollars.

“The collapse of something as major as FTX just illustrates the importance of transparency, importance of appropriate regulatory protection, regulatory requirements for all financial activities,” Laura Cha, chairman of Hong Kong Exchanges and Clearing (0388.HK) said.

New York Stock Exchange President Lynn Martin said institutional investors will be unlikely embrace crypto without clearer rules.

“There was no regulatory framework, and an institutional investor is not going to really dip their toe in a meaningful way in a market unless they understand what the regulatory framework is,” Martin said.

Some crypto investors share these concerns.

“Regulators could have posted a lot more guidance for crypto,” said Brian Fakhoury at crypto venture capital fund Mechanism Capital.

REGULATORY CATCH-UP?

The crypto sector hit a record value of almost $3 trillion late last year, before market turmoil prompted by rising interest rates and a string of industry blow-ups wiped more than $2 trillion from its valuation. Bitcoin, the biggest token, is down by three-quarters from its record high of $69,000.

This extreme volatility has not done the crypto sphere any favours in terms of winning broader support in the financial services industry.

“I don’t think it’s a fad or going away but I can’t put an intrinsic value on it,” Morgan Stanley (MS.N) CEO James Gorman said at Reuters NEXT. “I don’t like investing in things that have a range of outcomes or putting clients in it.”

After FTX’s collapse, regulators in the United States as well as finance industry executives and crypto entrepreneurs are focused on the need for a workable set of rules and greater transparency.

Nasdaq CEO (NDAQ.O) Adena Friedman called for a balance in regulation between protection and innovation – a common refrain among mainstream businesses involved in crypto.

Nasdaq, whose crypto custody arm is expected to launch in the first half of 2023, pending regulatory approval, has provided trading and surveillance tech to crypto exchanges for several years.

“Now is the time for regulation to catch up and make sure that as we go forward, to have safety and soundness, but we also allow for innovation and a nimble ecosystem,” Friedman said.

India’s Finance Minister Nirmala Sitharaman said the collapse of FTX underscored the need for greater visibility on often-anonymous crypto transactions.

The FTX collapse “shows the importance of a well-framed regulation,” Sitharaman said, “so that countries can be clearly aware of by whom, for what for these transactions are happening. Who’s the end beneficiary?”

Crypto entrepreneur Justin Sun said investors seldom have clarity on how funds at crypto companies are used.

“For a lot of exchanges and lending providers and institutions in the space, (there’s) a lack of transparency. The customers basically have no idea where the funds are allocated,” said Sun, founder of Tron cryptocurrency.

Investors “can lose their life savings in seconds, but they have no idea where their money goes.” he said.

Buying Term Insurance Online – What Are The Steps To Follow?

We can’t predict our future. The only thing we can do is prepare for uncertain scenarios, keeping the financial security of our loved ones in mind. Buying aterm insurance plan is one of the essential steps to being equipped for future disasters.

At the same time, buying term plans online is becoming more prevalent today. This saves time and energy, and gives you all the necessary information at your fingertips. You can also compare insurers and then choose a term plan accordingly. Let us have an overview of term insurance and see how we can buy an online term insurance plan.

What is Term Insurance?

Let’s start from the basics so that we don’t have to return to square one.

Term insurance, like other forms of life insurance, is a contract between you (also called the policyholder) and the insurer wherein the insurer agrees to pay out a sum assured to your nominees in case of your untimely demise. In return, you must pay premiums for a pre-defined period that may or may not be equal to the policy tenure. This financially safeguards your family if you are no longer there to care for their needs. Life is unpredictable, and you never know what’s going to happen.

However, you need to remember that basic term insurance does not come with any maturity benefits, and the policy terminates after the completion of the tenure.

Some other aspects of Term Insurance

  • You can get tax deductions up to Rs. 1.5 lakh under Section 80C of the Income Tax Act,1961
  • You can enhance your plan with riders for critical illness, accidental death, etc.
  • You can choose term plans with return of premium options, which ensures a return of all premiums paid (after applicable deductions) if you survive the policy tenure
  • You can use a term plan premium calculator to determine how much you will have to pay for a specific coverage amount

How to Buy Term Insurance Online?

Depending on your preferences, you can buy term insurance offline or online, as both ways present their advantages to the customers.

When you buy term insurance online, you will get access to various online tools and calculators, as mentioned, that will help you make the right decisions. You can also expect to find all available policy details at your fingertips instead of depending on anyone.

Bear in mind that buying a term plan online varies across the industry, and depending on your insurer, the following steps might or might not be necessary. That being said, below is a general step-by-step process for buying a term insurance plan online:

  • Enter Your Details

Visit the insurance company’s official website and submit the needed information, such as gender, date of birth, smoking and drinking habits, contact information, and monthly income

  • Enter the Policy Duration and Sum Assured

If you are young, choose a longer policy term; if you are middle-aged, you may choose a shorter policy term or you may go for whole life variant as per your requirement. The premium amount will also be lower at a younger age. As a result, getting a term plan at a young age is advisable.

  • Select the Mode of Insurance Payout

Various policies allow you to select between multiple premium payment options. For example, it can be regular payments at your chosen frequency, a lump sum payout, or payments for a fixed tenure at selected intervals.

  • Choose Riders

You can enhance the coverage of your term plan by investing a small amount in additional benefits or riders. These additional benefits offered by the insurer make your term insurance policy more comprehensive with coverage against critical illness, accidental death, disabilities etc.

  • Complete the KYC Form

You must provide your name, phone number, and address. Upload your ID proof, such as an Aadhar card or PAN card. Income proof, such as tax returns; address proof, such as utility bills or a driver’s license; and age proof, such as a passport and recent photographs, are all acceptable.

  • Fill Up Your Medical Information

Enter information such as weight, height, cigarette or alcohol use history, medical issues, if any, occupational hazards based on your job type, hospitalization history, and other relevant details.

The insurer may request that you undertake medical check-up to check for existing health issues if any, and accordingly decide on issuing the policy .

  • Read the T&Cs Thoroughly

It is critical to comprehend policy exclusions such as death due to natural disasters, drug abuse, or terrorist activities. After agreeing to the terms and conditions, you will be transferred to the payment gateway.

  • Make An Online Payment

You can pay with credit or debit cards, as well as through net banking. If your proposal is approved, you will receive an email with a soft copy of your plan. You will receive the hard copy later.

These are all the steps that you need to follow to buy term insurance online. Sounds quite simple, right? It is! Buying an online term insurance plan has now become a matter of few clicks and minutes! However, exercise caution while filling up the online application form and submitting your documents. You should ensure that there are no spelling mistakes or typos.

At the same time, be truthful about your medical condition and other lifestyle habits while calculating the premium. You should also ensure that you are comfortable with the coverage and premium amounts.

You can get guidance online on choosing the best insurance policy for your needs if required. You may also compare multiple policies regarding their features, benefits, inclusions, and exclusions. This will help you arrive at the right decision.

How to make a smart bet on football

Placing a bet on any given football game can bring its fair share of rewards and risks meaning that if a football fan wants their bet to be a success, they may need to follow various calculated methods that can increase their chances of earning a much greater pay out in winnings.

Before placing any money on the line for a football wager, fans should always find a reliable sportsbook that will offer the best odds for any contest as well as being a safe and secure site to use during times of busy network activity.

Finding a suitable and vastly reliable sportsbook is often considered to be the easier option for betting enthusiasts, yet there are also many other ways that fans can bet on games featuring their favourite teams or players.

These bets can offer varying degrees of success for all sports fans but also have their fair share of implications that can gravely affect any punters chances of winning big.

  • Outright betting:

One of the most familiar and vastly used forms of online betting includes wagering on outright odds centred around a particular moment in the season.

Outright bets can include many team or individual awards such as predicting who will win the league title, which manager will get sacked first, who will win the PFA Player of the Year award or Ballon d’Or.

These are usually bets that many fans can place at the start of the season to test if their early season predictions can come to fruition with some odds being amongst the most ludicrous depending on which team/player is selected for any given accolade.

Outright odds are a great way for fans to showcase their knowledge of football and can bring even more excitement for all contests throughout the season as it draws closer towards its conclusion as well as being fairly simplistic to understand.

However, these are also very unpredictable and the money that is being wagered will be held in the game for a long period of time from which any punter could have potentially used for other means.

  • Bet Builder:

This form of betting is becoming a popular commodity amongst fans of sports across the world, with football being perhaps the most suited sport for such wagers.

A bet builder (or accumulator) is where a punter places a bet on multiple different individual smaller bets from rivalling events across varying games such as betting on a player from Everton to receive a booking then adding on Erling Haaland to score in another game that is taking place on that same game week.

These bets have become so popular in such a short span of time because they offer such animpressive listing of odds and winnings as well as the operator providing the punter with multiple options and suggestions for simplifying such bets.

However, the biggest flaws that come with such wagers is mainly down to the low stake limits and their overall limitation for various other sporting games or events, which means that an operator is likely to only give a punter access to a few options when constructing a bet meaning you’ll have to pick your options wisely from the listings available.

  • Over/Under:

An Over/Under bet mainly focuses on the concept of betting across the stakes that the bookmaker offers the punter, which is usually a 50% probability.

In football, this can so often revolve around the number of goals scored in a game meaning a bookmaker will ask if a team scores X many goals, leaving the punter to decide whether there will more or less goals scored depending on the game they are watching.

This is a simple yet effective method of betting on football events with other concepts including the number of cards, fouls, corners, saves and many other key facts within a game of football at any level of play.

Whilst these bets are often seen as being a great way to enjoy any game, there are also some limitations including the newly added Video Assistant Referee (VAR) system in most football matches which have cancelled out goals that may or may not would have stood previously meaning that a number of over/under slips have resulted in mixed bags of success since VAR was introduced to the footballing scene a few years back.

Overall, there are many ways that sports fans can bet on the game they love that all provide various hits and misses when betting, yet it is best to choose a stake that fits your knowledge of the game the best and one that you have greatest confidence in proceeding forward with.

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