China's internet system takes a new victim. LinkedIn, the social network owned by Microsoft, announced that it will cease its functions in the Chinese market by the end of 2021, due to the government's tight control over foreign platforms. The information was published on the official blog of the…
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Russia does not plan to follow China’s cryptocurrency line
Despite the fact that Russia prohibits payment with cryptocurrencies due to a law that took effect at the beginning of the year, the nation does not plan to restrict trading among its citizens.
The Deputy Minister of Finance of the Russian…
Tesla sells more than 241 thousand vehicles in the third quarter of 2021
The automaker Tesla sold 241,300 cars in the third quarter of 2021, which is equivalent to 102,000 more cars than last year in the same period, despite the sharp drop in sales recorded by the sector due to shortages in chip production.
For…
TikTok reaches 1 billion users
The social network TikTok exceeded the barrier of 1,000 million monthly active users globally. That is, they connect to the application at least once a month.
"More than a billion people from around the world come to TikTok to be…
China bans cryptocurrency activities
The Bank of the People's Republic of China (PBOC), the country's central bank, issued a statement in which it effectively prohibits any activity related to cryptocurrencies, including payments, "trading" and advertising activities, alluding…
Xiaomi prepares a new family of devices
Xiaomi announced that it will present a new family of smartphones designed for young audiences, in which it will focus on design and innovation, especially on the camera.
Under the Civi name, the new line of phones will have a fashionable…
China establishes a 40-minute limit of TikTok for children under 14 years old
ByteDance introduced a new mode in TikTok for users under 14 years of age with which, in addition to displaying educational content, it limits the time they can use the short video platform per day: a maximum of 40 minutes.
This is an…
California is the best-prepared state for crypto assets in the US
A new investigation by Crypto Head determined that the state of California "has become the most suitable jurisdiction for cryptocurrencies in the United States" due to the spread of ATMs and its progressive interest in digital assets among…
China intends to phase out Alipay to create a new independent platform
China wants to have greater control of its technologies and is taking measures that limit the actions of large companies in the sector. Alipay, the payments giant owned by Ant Group, is one of those affected.
The Chinese rulers are not…
Texas becomes the crypto capital of the world
After the different prohibitions and problems that have arisen in China around cryptocurrencies, foreign investors have been forced to migrate to other parts of the world, and one destination is Texas.
The US region is now becoming the…
China begins to stop using points of sale
China is starting to move away from the use of points of sale, and this is due in part to the bank fees that must be paid for their use. It is estimated that, for example, in the United States for every 100 dollars, the seller only enjoys…
Chinese government to take control of poorly managed private funds
The main organism in charge of regulating China's securities announced that it will take strong measures against poorly managed private funds, in order to give a stop to public offerings disguised as private capital.
Yi Huiman, president…