China has seen momentum in developing mobile payments, online investment, big tech credit and digital currency, which all play a vital role in driving inclusive finance. These areas are expected to play a critical role in the country's future economic growth.

To begin with, the platform economy has a great impact on the financial sector, which can be narrowed down to "three increases and three decreases".

The "Three increases" means that the platform economy has helped "increase business scale, improve efficiency as well as user experience". since the platform can offer services to many customers simultaneously, costs are minimized therefore overall efficiency will naturally be enhanced.

Digital platforms also offer personalized services. With technological advances, these services will be much smoother, more convenient to use and more popular among consumers.

The "Three decreases" refers to "reducing costs, lowering risks and minimizing contact". In terms of risk control in particular, user data accumulated by the platform will be very helpful to identify risks in advance.

Based on the above changes, digital platforms will also have a certain effect on the rules and even laws of economic activity and exchanges. It will make users more reliant on the platform itself, but the platform will also be closely related to the economy.

currently, the China's platform companies have developed quite well and are comparable to leading foreign internet heavyweights, thanks mainly to improvements in digital technology, market-oriented reforms, the large population and relatively independent market conditions.

“This is Lenovo's first in-house manufacturing facility in Europe and it represents a significant economic potential for both the private and public sectors in Hungary with increased production capacity, greater potential for collaboration with local vendors and the creation of new jobs” Lenovo stated.

According to the Beijing-based company, the plant, which officially opened on Tuesday, already employs over 1,000 full-time workers in a variety of engineering, management and operational roles, with numbers continuing to increase as the facility moves towards full capacity.

Strong infrastructure, skilled labor and a location in the center of Europe made Hungary a natural choice for Lenovo to place its first European in-house manufacturing facility. In addition, part of Lenovo's investment has been supported by local government incentives through the Hungarian Investment Promotion Agency.

Sen. Mark Warner and Rep. Elissa Slotkin stated that if Google (GOOGLGOOGLE) does not limit anti-abortion clinics from appearing in the Google Search and Maps results for abortion services, the company should label search results to clearly show whether a clinic in its results actually provides abortions, according to a letter sent Friday to Google CEO Sundar Pichai that was signed by more than 20 lawmakers.

"Directing women towards fake clinics that traffic in misinformation and don't provide comprehensive health services is dangerous to women's health and undermines the integrity of Google's search results," the letter states.

Landless is a locally produced Kurdish film by Raz Halkawt. Written and directed by Touraj Aslani. Maad Movie has produced the film and is premiered by Eli Image.

Landless is drama, crime and thriller film, inspired by true story.  The cast includes Arab, Kurdish, Persian and Turkish actors and actress.

KurdSat Broadcasting Corporation promotes the film and helps it reach a broader audience.

As explained in a new paper published in the journal Nature, a research team from the University of Texas at Austin modified an enzyme to break down the individual components of polyethylene terephthalate (PET), a commonly disposed plastic that accounts for a staggering 12 percent of waste worldwide.

The modified enzyme also reduced the period it takes for the plastic to degrade from months to a just single week.

Depolymerization, is the process that has the added benefit of allowing the broken-down monomers to be reconstituted back into virgin PET plastic, a potentially revolutionary way of recycling the massive amounts of plastic waste people have disposed. The process is not industrialized so far.

The fact that PET plastic can be turned back into its pure form is a game changer. Unlike traditional recycling, depolymerization can recycle a plastic and keep its original traits.

Quantum computers are able to make very complex calculations extremely quickly and their creators say they can solve the problems regular computers cannot.

The MoD will work with British company Orca Computing to explore applications for quantum technology in defence.

Stephen Till, of the MoD's Defence Science and Technology Laboratory (DSTL), called it a "milestone moment".

The computers found in most of our homes and workplaces process data in bits, which have a binary value of either zero or one.

Quantum computers instead use a two-state unit for data processing called a qubit.

This can represent digits like one or zero simultaneously through a quantum mechanical process called superposition, letting quantum computers bridge binary digits and cope with uncertainty where regular computers cannot.

From remote driving vending carts and robot dogs to special vehicles, flexible robots and driverless sightseeing vehicles, 5G technology can be applied in various industries to facilitate and promote economic development.

Let's take a look at more 5G tech applications at the Industrial-Grade 5G Innovation Application (Dali) Research Institute.

In addition, the company declared that when Larry Ellison`s term, who is co-founder Oracle Corp and a friend of Tesla Chief Executive Officer Elon Musk, ends at this year's shareholder meeting, he will not stand for re-election to Tesla's board.

Ellison is among the top investors who have promised funding toward Musk's $44 billion acquisition of social media firm Twitter Inc.

Shares of Austin, Texas-based Tesla rose more than 1% in extended trading on Friday. This is whereas since Musk unveiled his stake in Twitter in early April, those shares have fallen nearly 40% which was affected in part by a strict lockdown in Shanghai that has hurt Tesla's production.

Shareholders will vote on Tesla's proposed stock split on Aug. 4. If approved, it would be the company's first such action after a five-for-one split in August 2020.

meanwhile the certification gives the necessary clearance and is a significant milestone yet the company still has additional regulatory hurdles to clear before its five-seater aircraft can legally fly passengers.

The FAA's Part 135 Air Carrier Certificate is among the three regulatory approvals critical for Joby's planned launch of all-electric aerial ridesharing service in 2024.

The certification would allow Joby operate its electric vertical take-off and landing (eVTOL) aircraft as an air taxi service in cities and communities across the United States.

The court documents showed that The Federal Trade Commission (FTC) and the Department of Justice claim that Twitter violated an agreement it had with regulators.

Whereas Twitter had vowed to not give personal information like phone numbers and email addresses to advertisers and the Federal investigators say that the social media company broke those rules.

Twitter was also fined £400,000 in December 2020 for breaking Europe's GDPR data privacy rules.

The FTC is an independent agency of the US government whose mission is the enforcement of anti-trust law and the promotion of consumer protection.

It accuses Twitter of breaching a 2011 FTC order that explicitly prohibited the company from misrepresenting its privacy and security practices.

Whether you realize it or not, social media can affect your health. A new study indicates that quitting social networking sites for only one week may lead to a significant improvement in health and a reduction in anxiety and depression.

A team of researchers at the University of Bath in the United Kingdom studied the mental health effects of stopping for a week using social media. Some study participants saved nearly nine hours of their week, which they would have spent scrolling on Instagram, Facebook, Twitter and TikTok, according to Medical Xpress.

The results, published in the American Journal of Cyber Psychology, Behavior and Social Networking, indicated that just one week away from social media improved individuals' overall well-being and reduced symptoms of depression and anxiety.

The researchers randomly assigned 154 individuals between the ages of 18 and 72 who used social media daily to either an intervention group where they were asked to stop using all social media for one week or a control group, where they could continue to scroll as usual. At the start of the study, baseline scores for anxiety, depression, and well-being were taken.

The participants reported that they spent an average of 8 hours per week on social media at the beginning of the study. After one week, participants who were asked to take a one-week break had significantly better improvements in well-being and reduced symptoms of depression and anxiety than those who continued to use social media, indicating a short-term benefit.

Participants were also asked to take a one-week break and reported using social media for an average of 21 minutes compared to 7 hours for those in the control group. Screenshot statistics were provided to check individuals' adherence to the break.

Rising concerns

'Scrolling is so ubiquitous that many of us do it almost without thinking from the moment we wake up until we close our eyes at night,' said Jeff Lambert, principal investigator from Bath's Department of Health.

'We know that social media use is huge and there are growing concerns about its effects on mental health. So, with this study, we wanted to see if asking people to take a week off can have mental health benefits,' Lambert said, adding, 'Many of our participants reported positive effects from social distancing with improved mood and less anxiety overall, which suggests that even a small break can have an effect.'

In addition, the team now wants to build on the study to see if taking a short break can help different population groups, for example, young people or people with physical and mental health conditions.

It also aims to follow people for longer than one week to see if the benefits will last over time.

Common Problem

According to the researchers, feelings of 'weakness.' and a loss of pleasure are hallmarks of depression. At the same time, anxiety is characterized by excessive worrying and being out of control. Well-being refers to an individual's level of positive influence, life satisfaction, and a sense of purpose.

It is noteworthy that according to Mind in the United Kingdom, one in six people suffers from a common mental health problem such as anxiety and depression in any given week.

He is believed to be firing many of the company's employees after the transfer of ownership, which will take about six months, Musk himself said this week to investors.

But in return, the controversial Tesla boss is expected to hire thousands of new employees within the next three years, which could lead to an inflation of about 11,000 employees, up from 7,500 currently, according to the New York Times.

It is also likely to include a batch of these newly appointed, a lot of new talent in engineering.

In addition, the company's numbers will fluctuate, reaching 9,225 employees this year before dropping to 8,332 in 2023. Then, adding another 2,700 workers by 2025.
Most of the jobs suspended will occur during the acquisition period.

Parag Agrawal, who was appointed CEO of Twitter last November, is expected to remain in his position until the sale is completed.

Musk had previously floated the idea of closing the headquarters in San Francisco to save money, and board members might also not get paid, cutting another $3 million from expenses.

Increase Twitter Revenue

It is noteworthy that the changes previously talked about by the American billionaire and the world's wealthiest people are part of his plan to increase Twitter's annual revenue by five times current levels to 26.4 billion dollars by 2028, up from 5 billion dollars last year.
Since last month, the new owner of the bluebird has been talking about a set of changes that he will make to the famous platform, including the ability to edit tweets, support freedom of expression, and add other additional elements, improving its services!

Advertising will fall to 45% of total revenue under Musk, down from about 90% in 2020, generating $12 billion in revenue in 2028, while subscriptions are expected to pull in another $10 billion, according to the report.

The head of electric-vehicle maker Tesla Inc (TSLA.O) also aims to increase Twitter's cash flow to $3.2 billion in 2025 and $9.4 billion in 2028, the newspaper reported, citing the presentation.

Musk clinched a deal last month to buy Twitter for $44 billion in cash, in a move that will shift control of the social media platform populated by millions of users and global leaders to the Tesla Inc (TSLA.O) chief.

The billionaire has promised to revitalize the company and expand the number of users by cracking down on spam bots and reducing the amount of moderation to facilitate more "free speech".

After the closure of the deal, Musk is expected to become Twitter's temporary CEO, a person familiar with the matter.

The report showed that the sales revenue of the country's mobile game industry topped 60.43 billion yuan (about $9.13 billion) in the period, up 2.72 percent year-on-year and rising 9.28 percent from the fourth quarter of 2021.

The total revenue of the country's game market stood at over 79.47 billion yuan, up 3.17 percent year-on-year and 10.08 percent quarter on quarter.

China-developed games raked in more than $4.55 billion in the overseas market, edging down 0.54 percent on a quarterly basis, according to the report.

US billionaire Bill Gates, said on Wednesday that it is unclear whether the acquisition of Twitter by rival Elon Musk, through a $44 billion deal, will lead to positive change, saying that it may in fact exacerbate the application's problems when It's about misinformation.

Gates, who recently suffered a barrage of taunts from Musk on Twitter after it was revealed he was selling Tesla shares, put his weight on the deal during a CEO Board summit hosted by the Wall Street Journal.

"He can actually make it worse," Gates said. "That's not his track record, his track record with Tesla and SpaceX is absolutely amazing by having a great team of engineers and really taking people who have worked in those areas and showing them."

Gates added: "I doubt this will happen this time, but we must have an open mind and not underestimate Elon ... What is his goal? He talks about freedom of expression, how does he feel about those who say 'vaccines kill people' or 'Bill Gates' caused the Covid19 pandemic, "Is this one of the things he thinks should be posted?

Critics of the Tesla CEO have pointed to his often-confrontational Twitter presence as evidence that he will allow more offensive and harmful content to circulate on the platform.

Gates previously expressed his "astonishment" about the conspiracy theories about him, circulating on social media during the Corona pandemic.

A recent text exchange between tech billionaires revealed that Musk attacked Gates over a $500 million share sale in Tesla, and bet the stock would drop.

"Sorry, but I can't take your philanthropy on climate change seriously when you have a short-term view against Tesla, the company that is doing everything it can to solve climate change," Musk wrote.

Later, Musk mocked Gates in a tweet comparing the image of the Microsoft co-founder to a pregnant man emoji.

When asked about the tweets, Gates downplayed the controversy and told the event host it "doesn't bother him".

"I don't think whether one invests short or long in Tesla is a statement about being serious about climate change," he added.

"I'm putting billions of dollars into climate change innovation," he said. "I applaud Tesla's role in helping tackle climate change," Gates explained. "I have nothing but positive things to say about Elon. If it makes Twitter worse, well, I'll talk about it, but I won't assume that's what's going to happen."

 Speculation was led by the sale, that it will help Musk to finance his planned $44 billion buyout of the social media platform.

On Monday, Twitter's board agreed to accept a takeover offer from Mr. Musk.

Amid speculation that Mr. Musk would sell part of his stake in the carmaker to fund the deal, made the shares in Tesla fell sharply earlier this week.

He tweeted on Thursday evening that he had no plans to sell any more of his shares in the electric carmaker.

Filings to the US Securities and Exchange Commission showed that Musk sold a total of 9.6 million Tesla shares this week. The multi-billionaire still owns more than 15% of the company.