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Category: Governance

The Chinese Metaverse Is No Fun At All

The Chinese Metaverse Is No Fun At All

The Chinese metaverse is no fun. Under the strict supervision of government officials, the virtual world is relentlessly focused on industry and healthcare.  In fact, the Chinese Communist Party (CCP) has even gone as far as to issue a state-backed

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Twitter in Legal Hot Water as Germany Threatens Fine

Twitter in Legal Hot Water as Germany Threatens Fine

Germany’s Federal Office of Justice (BFJ) has initiated action against Twitter, arguing the popular microblogging site failed to deal effectively with illegal content. “The Internet is not a lawless space,” said Marco Buschmann, Minister of Justice. He says Twitter failed

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Why Was TikTok Fined $16 Million in the UK?

Why Was TikTok Fined $16 Million in the UK?

China-owned video sharing platform TikTok has been hit with a fine of $15.9 million by the UK’s Information Commissioner’s Office (ICO), reported the BBC. ByteDance’s widely popular social platform is having a tough time, as it’s on the verge of a

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Deepfake CFO Dupes Employee $25.6M in Hong Kong AI Scam 

AI Boosting Fraudulent Phishing Emails, Experts Warn

Chatbots are eliminating a significant barrier against fraudulent phishing emails by correcting obvious grammatical and spelling mistakes, says experts. Since the viral AI chatbot ChatGPT launched last year, writing human-sounding phishing and fraudulent emails has become much easier, as previously

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