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Myanmar’s new military government is now blocking Twitter

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Why these co-founders turned their sustainability podcast into a VC-backed business

When Laura Wittig and Liza Moiseeva met as guests on a podcast about sustainable fashion, they jibed so well together that they began one of their own: Good Together. Their show’s goal was to provide listeners with a place to learn how to be eco-conscious consumers, but with baby steps. Wittig thinks the non-judgmental environment (one that doesn’t knock on a consumer for not being zero-waste overnight) is the show’s biggest differentiator. “Then, people were emailing us and asking how they can be on our journey beyond being a listener,” Wittig said.

Reuters

IFAB to look again at handball law next month

Football’s rule-making body IFAB will look again at the handball law at its annual general meeting on March 5, the Zurich based organisation said on Friday. The agenda for the meeting, which has the power to change the laws of the game, features Law 12, specifically handball, in the section for proposed changes and clarifications. While the wording of any change has yet to be agreed, the move is a response to inconsistencies in the application of the law which was changed in the past two seasons.

France 24

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Macron, Merkel defend EU decision to order vaccines as a bloc

French President Emmanuel Macron and German Chancellor Angela Merkel on Friday defended the European Union’s joint Covid-19 vaccination rollout despite its troubled start. “I fully support the European approach,” Macron told an online news conference after talks with Merkel. “What would people say if countries like France and Germany were competing with each other on vaccines?””It would be a mess, and counter-productive,” he said.Merkel said that although the sluggish rollout had shown that the bloc needed to ramp up pharmaceutical production capacities, “the basic decision to order together as the European Union was and is right”.Anger in the 27-member bloc has grown in recent weeks over the slow pace of coronavirus inoculations compared with the speedier campaigns seen in the United States, Israel and ex-EU member Britain.’Working as fast as possible’Merkel has taken to the airwaves several times this week to defend Germany’s decision not to go it alone.She said the EU and vaccine makers were “working as fast as possible” to accelerate vaccinations and expand production lines.The EU has ordered more than enough potential vaccines for its 450 million citizens, she said, but the initial shortages have laid bare that the bloc’s “production capacities are not as large as we had imagined”.”But producing vaccines is not something that can be done from one day to the next,” Merkel added. “These are complicated processes.”Macron said that the bloc had secured doses from a wide range of vaccine candidates, but admitted that leaders had been caught off guard by the swift success of experimental mRNA vaccines.The jabs, based on novel technology never before used in a commercial vaccine, were developed by Pfizer/BioNTech and Moderna and became the first two shots to be approved by EU regulators in the fight against the pandemic.”Nobody could have known that we were going to have safe vaccines so quickly,” Macron told reporters.’Moving forward’ on future combat jetMacron also said France and Germany aim to take the next step in the development of Europe’s next-generation combat jet in the coming weeks by confirming contracts to build a test version.”We are moving forward, it’s an extraordinarily complex project,” said Macron.”In the coming weeks we will have settled the final outstanding points and I firmly hope that by spring we will have the administrative and political confirmations needed to meet our schedule and our ambitions,” Macron said.The Future Combat Air System (FCAS), being built by German, French and Spanish firms, is a key part of Macron’s push for military sovereignty on the Continent and his aim to lessen its reliance on the NATO alliance.So far governments have only approved funding for prototype and design contracts, a small fraction of the multibillion-euro budget for the 20-year project.Signing contracts for the next studies would mean a one billion euro ($1.2 billion) commitment to building the demonstrator plane, expected to cost six billion euros alone, a source close to the project told AFP.Still ‘lots of questions to clarify,’ says MerkelBoth Macron and Merkel want to give the green light before German elections in September and the French presidential contest next year, since it would reduce chances a new government might scrap the project.But Merkel nonetheless said there were still “lots of questions to clarify” over the division of works among French and German firms.Airbus and France’s Dassault Aviation are spearheading the plane’s development, alongside Safran and Thales of France, German engine maker MTU, and the European missile joint venture MBDA.”We realise the project is led by the French but it should be a project where both countries play equal roles,” she said, also evoking talks with Macron over the sharing of intellectual property between the companies.The new stealth delta-wing jets, which will replace the current generation of Rafale and Eurofighter jets, are set to be operational in 2040.(FRANCE 24 with AFP)

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Motley Fool

Why Sientra Stock Is Soaring Today

On Thursday, medical aesthetic products manufacturer Sientra (NASDAQ: SIEN) reported preliminary results for its fourth quarter and full-year 2020. As of 1:08 p.m. EST, Sientra’s shares are up by 16.1%, after jumping by as much as 31.7% earlier in the day. For its fourth quarter ending Dec. 31, 2020, Sientra expects to report net sales of $22.6 million.

Motley Fool

Why Camping World Holdings Jumped 31.1% in January

Shares of Camping World Holdings (NYSE: CWH) rose 31.1% in January, according to data provided by S&P Global Market Intelligence, building on the massive gains it made in 2020 as people sought out the great outdoors during the COVID-19 pandemic.

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Globe Newswire

GTT: Monthly disclosure of the total number of voting rights and shares composing the share capital

Monthly disclosure of the total number of voting rights and shares composing the share capital Articles L. 233-8-II of the French Commercial Code and 223-16 of the General Regulation of the Autorité des Marchés Financiers Saint-Rémy-lès-Chevreuse, February 5, 2021 DateTotal number of sharesTheoretical total number of voting rights1Net total number of voting rights2January 31, 202037,078,35737,078,35737,017,730 Investor Relations Contact information-financiere@gtt.fr / + 33 1 30 23 20 87 1 Calculated on the basis of all the shares to which voting rights are attached, including shares stripped of voting rights (pursuant to article 223-11 of the General Regulation of the Autorité des marchés financiers). 2 Excluding treasury shares Attachment GTT Monthly disclosure of the total number of voting rights and shares composing the share capital – January 2021

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Motley Fool

Why Shares of FirstMark Horizon Acquisition Corp. Have Been So Volatile

Shares of the special purpose acquisition company (SPAC) FirstMark Horizon Acquisition Corp. (NYSE: FMAC) have been extremely volatile over the last 24 hours. Chatter has started to fly on social media that FirstMark might be planning to take Discord public. Discord currently has more than 100 million monthly active users who set up 13.5 million chat rooms per week, and participate in 4 billion chat room conversation minutes daily.

Associated Press

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ICC clears way for war crimes probe of Israeli actions

The International Criminal Court says its jurisdiction extends to territories occupied by Israel in the 1967 Mideast war, appearing to clear the way for its chief prosecutor to open a war crimes probe into Israeli military actions. The ICC’s chief prosecutor, Fatou Bensouda, said in 2019 that there was a “reasonable basis” to open a war crimes probe into Israeli military actions in the Gaza Strip as well as Israeli settlement activity in the West Bank.

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TWITTER

Elon Musk Says He’ll Pay $11 Billion in Taxes in 2021 But Twitter Wants ‘Proof’

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Elon Musk took to Twitter to clarify once and for all that he will be paying a whopping $11 billion as taxes this year.

If the number of times Elon Musk could count when someone has asked him to pay the full taxes, he would be a very rich..wait, never mind. The Tesla boss is rich beyond any private individual has been in history, reports said.

Musk has increasingly been facing criticism from many politicians and many others who insist he has not been paying taxes as compared to the profits his companies have been making. On Sunday, the SpaceX CEO took to Twitter to share that he will be paying a whopping $11 billion as taxes.

For those wondering, I will pay over $11 billion in taxes this year— Elon Musk (@elonmusk) December 20, 2021

But some of the questions did not stop. One person tweeted how they needed to see Musk’s tax returns while yet another asked how much percentage was that of his total income.

A few were, however scathing of the government who thought they will add that amount to their pockets rather than using it for some proper development.

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Wow that’s enough to give each person in the world almost $2 million but instead the government will just stick it in their pockets— greg (@greg16676935420) December 20, 2021

Why not $200 billion? Asking for a Senator— litquidity (@litcapital) December 20, 2021

Earlier this week, Democratic US Senator Elizabeth Warren has tweeted to say that Musk should pay taxes and stop “freeloading off everyone else” after Time magazine named him its “person of the year”.

In response, Musk shot four tweets in which he said that the senator reminded him of a friend’s angry mom who yelled at everybody. He tweeted, ““And if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year.” “Don’t spend it all at once … oh wait you did already.”

He added further, “You remind me of when I was a kid and my friend’s angry Mom would just randomly yell at everyone for no reason.”

Musk responded by saying that he “will pay more taxes than any American in history this year”. This Twitter exchange left netizens divided as even though many supported Warren and agreed that Musk should pay more taxes, others felt that he was already doing enough.

Musk’s Tesla is worth about $1 trillion. Over the last few weeks, he has sold nearly $14 billion worth of Tesla shares.

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The Tesla boss has been pushing for his colonize Mars agenda for years now, and has made it very clear in some occasions that he would rather spend the money on putting humanity on the red planet, than pay his taxes. “My plan,” the SpaceX founder tweeted about his fortune, “is to use the money to get humanity to Mars and preserve the light of consciousness.”

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TWITTER

Twitter Admits Policy ‘Errors’ After Far-Right Abuse Its New Rules of Posting Pictures

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Twitter’s new picture permission policy was aimed at combating online abuse, but US activists and researchers said Friday that far-right backers have employed it to protect themselves from scrutiny and to harass opponents.

Even the social network admitted the rollout of the rules, which say anyone can ask Twitter to take down images of themselves posted without their consent, was marred by malicious reports and its teams’ own errors.

It was just the kind of trouble anti-racism advocates worried was coming after the policy was announced this week.

Their concerns were quickly validated, with anti-extremism researcher Kristofer Goldsmith tweeting a screenshot of a far-right call-to-action circulating on Telegram: “Due to the new privacy policy at Twitter, things now unexpectedly work more in our favor.”

“Anyone with a Twitter account should be reporting doxxing posts from the following accounts,” the message said, with a list of dozens of Twitter handles.

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Gwen Snyder, an organizer and researcher in Philadelphia, said her account was blocked this week after a report to Twitter about a series of 2019 photos she said showed a local political candidate at a march organized by extreme-right group Proud Boys.

Rather than go through an appeal with Twitter she opted to delete the images and alert others to what was happening.

“Twitter moving to eliminate (my) work from their platform is incredibly dangerous and is going to enable and embolden fascists,” she told AFP.

In announcing the privacy policy on Tuesday, Twitter noted that “sharing personal media, such as images or videos, can potentially violate a person’s privacy, and may lead to emotional or physical harm.”

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But the rules don’t apply to “public figures or individuals when media and accompanying Tweets are shared in the public interest or add value to public discourse.”

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By Friday, Twitter noted the roll out had been rough: “We became aware of a significant amount of coordinated and malicious reports, and unfortunately, our enforcement teams made several errors.”

“We’ve corrected those errors and are undergoing an internal review to make certain that this policy is used as intended,” the firm added.

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Jack Dorsey Post Twitter Is Chasing His Crypto, Fintech Dream

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At a packed Miami conference in June, Jack Dorsey, mused in front of thousands of attendees about where his real passion lay: “If I weren’t at Square or Twitter, I’d be working on Bitcoin.”

On Monday, Dorsey made good on one part of that, announcing he would leave Twitter for the second time, handing the CEO position to a 10-year veteran at the firm. The 45-year-old entrepreneur, who is often described as an enigma with varied interests from meditation to yoga to fashion design, plans to pursue his passion which include focusing on running Square and doing more philanthropic work, according to a source familiar with his plan.

Well before the surprise news, Dorsey had laid the groundwork for his next chapter, seeding both companies with cryptocurrency-related projects.

Underlying Dorsey’s broader vision is the principle of “decentralisation,” or the idea that technology and finance should not be concentrated among a handful of gatekeepers, as it is now, but should, instead, be steered by the hands of the many, either people or entities.

The concept has played out at Square, which has built a division devoted to working on projects and awarding grants with the aim of growing Bitcoin’s popularity globally. Bitcoin price in India stood at Rs. 44.52 lakh as of 12:50pm IST on December 1.

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Dorsey has been a longtime proponent of Bitcoin, and the appeal is that the cryptocurrency will allow for private and secure transactions with the value of Bitcoin unrelated to any government.

The idea has also underpinned new projects at Twitter, where Dorsey tapped a top lieutenant – and now the company’s new CEO Parag Agrawal – to oversee a team that is attempting to construct a decentralised social media protocol, which will allow different social platforms to connect with one another, similar to the way email providers operate.

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The project called Bluesky will aim to allow users control over the types of content they see online, removing the “burden” on companies like Twitter to enforce a global policy to fight abuse or misleading information, Dorsey said in 2019 when he announced Bluesky.

Bitcoin has also figured prominently at both of his companies. Square became one of the first public companies to own Bitcoin assets on its balance sheet, having invested $220 million (roughly Rs. 1,650 crore) in the cryptocurrency.

In August, Square created a new business unit called TBD to focus on Bitcoin. The company is also planning to build a hardware wallet for Bitcoin, a Bitcoin mining system, as well as a decentralised Bitcoin exchange.

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Twitter allows users to tip their favourite content creators with Bitcoin and has been testing integrations with non-fungible tokens (NFTs), a type of digital asset that allows people to collect unique digital art.

Analysts see the transition as a positive signal for Square, the fintech platform he co-founded in 2009. Square’s core Cash App, after a bull run in its share in 2020, has experienced slower growth in the most recent quarter. It is also trying to digest the $29 billion (roughly Rs. 2,17,240 crore) acquisition of Buy Now Pay Later provider Afterpay, its largest acquisition ever.

But these ambitions will not pay off until years from now, analysts cautioned.

“The blockchain platform they’re trying to develop is great but also fraught with technical challenges and difficult to scale for consumers. I think he’ll focus more on Square and crypto will be part of that,” said Christopher Brendler, an analyst at DA Davidson.

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© Thomson Reuters 2021

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Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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