Can China’s state-run cryptocurrency contend with Facebook’s Libra?

China seems poised to tackle Facebook’s Libra head on with its own cryptocurrency; however the strength of China’s central bank digital currency is doubtful.

After feeling the pressure from Facebook’s Libra push, Chinese officials proclaimed just weeks ago that they were getting ready to unleash China’s own central bank digital currency to contend with and probably stop Libra.

Now, China claims its state-run cryptocurrency is prepared to go. However can it effectively counteract the threat to China’s financial system that Chinese officials say Facebook’s crypto project poses?

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Facebook confirms it’s working on an AI voice assistant for Portal and oculus products

It may not really be a true Alexa or Google Assistant competitor.
Facebook has confirmed a report from earlier these days saying it’s working on an artificial intelligence-based digital voice assistant within the vein of Amazon’s Alexa and Google Assistant. The news, first reported by CNBC, indicates Facebook isn’t giving up on a vision it first put out years ago, once it began developing an AI assistant for its messenger platform simply called M.

This time around, however, Facebook says it’s focusing less on messaging and more on platforms within which hands-free interaction, via voice control and potentially gesture control, is paramount. “We are working to develop voice and AI assistant technologies that may work across our family of AR/VR products as well as Portal, oculus and future products,” a Facebook spokesperson told The Verge today, following the initial report. That means Facebook may not position the product as a competitor to Alexa or similar platforms, however as more of a feature exclusive to its growing family of hardware devices.

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‘Nasty’ Instagram scam steals login info

A fresh Instagram phishing scam created the rounds over the weekend, according a media reports.

The “Nasty List” scam begins with a personal message from one of your followers, saying they noticed your name on a “nasty list.” after you click the link to the Instagram account, the profile includes a link to the purported list.

The link takes you to a page that looks like an official Instagram login page, however it’s a front for scammers to steal your login info. The victims report that the hackers then log in to their Instagram accounts and send the “Nasty List” phishing messages to their followers.

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TikTok is no longer available on both Apple and Google stores in India

Apple and Google have pulled popular video sharing app TikTok from their app stores in India amid pornography fears.

Quartz India reported early Wednesday morning that TikTok was unavailable for download on both the Google and Apple store. Business insider contacted Apple and Google for comment however didn’t immediately hear back.

Earlier this month, the Madras high court asked the government to ban the app, saying that it inspired pornography and made young users vulnerable to sexual predators. Its creator, Chinese company ByteDance, urged the court to prevent this ban on the grounds that it’d go against freedom of speech rights in India.

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