Techstrong News Recap – March 30, 2023
On March 30, William Willis covered a deal between Japan and the U.S. for minerals used in electric vehicles, Apple releasing its buy now, pay later program, Apple Pay Later, and Twitter announcing that only Twitter Blue subscribers’ tweets will appear on the ‘For You’ page. He also talked about France banning social media platforms from government devices. Finally, he previewed articles from Security Boulevard, Container Journal and DevOps.com, which covered a study looking at the effectiveness of ChatGPT versus human-created phishing attacks, Release making its Release Delivery Platform generally available and a survey showing that companies are still struggling to manage cloud computing.
Transcript
Hi again, everyone here the headlines from March 30th. First up Japan in the United States have reached an agreement to trade critical minerals used in electric vehicle batteries with the goal of ensuring secure supplies of strategically important resources. The Japanese cabinet has endorsed the deal which is expected to enable electric vehicles using Metals processed in Japan to qualify for tax incentives under the US inflation reduction Act.
To receive the tax credit of up to 7,500 as part of the ACT electric vehicles must contain a portion of the critical minerals mine domestically or in countries, which the US has a free trade agreement. The agreement will treat Japan as a partner with respect to these minerals in addition. The deal will not impose export duties on trade in lithium Cobalt manganese nickel and graphite providing benefits for Japanese automaker automobile makers in companies such as Panasonic one.
Next Apple has announced the launch of its buy now pay later service Apple pay later in the United States at its start only randomly selected users will have early access to the service which offers loans of 50 to a thousand dollars through the Apple wallet to be repaid in four payments over six weeks with no interest or fees. Apple financing LLC a new subsidiary will handle credit assessment and lending partner with partnering with MasterCard installments and Goldman Sachs the issuer of the MasterCard payment credentials. Starting in the fall.
Apple financing LLC will report pay later loans to the US credit bureaus. Other buy now pay later systems like Clara after pay and a firm have been previously criticized for their potential to harm customers in his face increased regulatory scrutiny. However, it seems like apple is up for the challenge with the long-term goal of replacing physical wallets.
In other news Elon Musk has revealed the redesign of Twitter's Twitter blue Subscription Service effective on April 15th. Only verified subscribers who have paid $7 per month for Blue Tick verification. We'll have their posts suggested to other users and be able to participate in polls non-paying accounts posts will no longer appeal and appear in the for you stream of recommended tweets under the new policy.
The intention is to prevent Advanced AI Bots from taking over the platform, but the move has been criticized by some social media users including a former Twitter verification team member who warns that verified users might miss use the power in influence on the platform. Next up Francis prohibited government employees from using social media apps like tiktok Twitter and Instagram for recreational purposes due to worries about data security. The decision covers not only Tech talk but other platforms widely utilized by government officials and lawmakers.
It was based on the belief that these apps May pose a risk to data protection in state administrative services. However, exceptions are allowed for professional use and the band will be overseen by Francis cyber security agency. The French Minister for transformation in public administration cited other governments that have also taken steps to restrict tiktok due to concerns about its Chinese Connections in its announcement more and more countries of ban tiktok on government employees phones.
This being said though, this is one of the first that reaches other social media platforms. 9% Click right to learn more about the results. com.
On container Journal we have an article that looks at release making its release delivery platform generally available. The platform uses a container description to create a full environment that enables Cloud applications to be deployed in a private one. Release the stated that this new software is meant to help application providers who want to make additions of their offerings on unshared infrastructure.
com. com. We've an article looking at a survey showing how companies are still struggling to manage cloud computing.
The survey which was conducted by Wakefield research found that 98% of respondents have been impacted by everything from increasing complexity of data to cybersecurity risk and burnout. com. And that's today's Tech strong news recap.
