Tuesday, August 31, 2021

China's new 'online gaming ban': What it means, new timings, verification process and all details

China on Monday introduced new rules that limit the amount of time under-18s can spend on video games to three hours a week, a move it said was necessary to combat gaming addiction. https://ift.tt/3ju2Op2

Indonesia probes suspected data breach on Covid-19 app

Anas Ma'ruf, a health ministry official overseeing data, said the government was looking into the potential breach, but said the potential flaw was in an earlier version of the app, which has not been used since July. https://ift.tt/3BtvZPm

Airtel ends silence on Google rumours: This is what it said in response to stock exchanges

Telecom major Bharti Airtel described that the reports on likely investment by Google into the company as speculations. https://ift.tt/3jBS0pb

Indian payments platform BillDesk gets $4.7 billion investment from Prosus

Prosus NV doubled down on its investment in India on Tuesday with a $4.7 billion deal for payments platform BillDesk, making it one of the biggest players in the country's fast-growing fintech sector. https://ift.tt/3kI63bO

Thai crypto exchange Zipmex raises $41 million from Bank of Ayudhya, others

BAY joins Thai media companies, Plan B Media Pcl and Master Ad Pcl, and foreign venture capital funds in the investment round. https://ift.tt/3gO2UWW

Semiconductor shortage hurting production, may impact Aug-Sep automobile wholesales: Report

Semiconductors are silicon chips that cater to control and memory functions in products ranging from automobiles, computers and cell phones to various other electronic items. https://ift.tt/3jswKC6

Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...