Why Indonesia has blocked Yahoo, Paypal and several gaming websites

Indonesia has blocked search engine website Yahoo, payments firm Paypal and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash in social media. https://ift.tt/K1GxeqW

Meta concerned about next quarter as it faces its first-ever revenue drop

Total revenue, which consists almost entirely of ad sales, fell 1% to $28.8 billion in the second quarter ended June 30, from $29.1 billion last year. The figure slightly missed Wall Street's projections of $28.9 billion, according to Refinitiv. https://ift.tt/IKyPTaq

Amazon sees resilient consumer demand as shares jump 13 percent

Amazon, like much of the retail industry, is facing a reckoning. Major rival Walmart Inc this week said it would make much less this year than it once expected. US consumer confidence has tumbled to a recent low, and some are sticking to lower-priced essentials to manage economic woes. https://ift.tt/zEo3MqK

Sources: a Chinese government PR division asked to open a stealth account on TikTok, targeting Western audiences; TikTok declined the "sensitive" request (Olivia Solon/Bloomberg)

Olivia Solon / Bloomberg:
Sources: a Chinese government PR division asked to open a stealth account on TikTok, targeting Western audiences; TikTok declined the “sensitive” request  —  A Chinese government entity responsible for public relations attempted to open a stealth account on TikTok targeting Western audiences …

Terminators in Call of Duty Vanguard and Warzone: 10 things to know

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Sources: EU is considering creating a new directorate headed by two top antitrust officials, amid concerns EU competition watchdog may struggle to enforce DMA (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters:
Sources: EU is considering creating a new directorate headed by two top antitrust officials, amid concerns EU competition watchdog may struggle to enforce DMA  —  The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough …