accounts

Elevate: Fintech for Freelancers – A YC-Backed Success Story from Sudan’s War-Torn Beginnings

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For them, the difficulty hasn’t been opening local USD accounts; it’s been cost-effectively facilitating payments from international employers and online platforms. “Using local products meant many remote workers had large chunks of their earnings eaten away with excessive fees. The USD products couldn’t be local,” said Oudjidane, who is also the founding partner of emerging markets fintech fund Byld Ventures. “The product would need to move to offering U.S.-based USD accounts,” accounts that, critically, would facilitate ACH payments to enable those freelance payments and came with the security that you get with U.S. banking, such as FDIC assurance. “Freelancers and remote workers in these markets will undoubtedly be a critical source of foreign income to help rebuild,” Oudjidane said.

Elon Musk’s Strategy to Monetize Posting for New X Users

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Elon Musk is planning to charge new X users a small fee to enable posting on the social network and to curb the bot problem. Earlier this month, X said that the platform was starting a major purge of spam accounts, warning users that their follower count might be affected. However, with a plan to charge new users, the social media company seemingly aims to tackle the bot problem better. Earlier this month, xAI made its Grok chatbot available to Premium users of X, who pay $8 per month. Last week, Fortune reported that X plans to make Grok available to users to compose posts.

“Embracing the Fediverse: Flipboard Expands its Connections with the Open Source Social Web”

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On Thursday, the company announced it’s expanding its fediverse integrations to 400 more Flipboard creators and introducing fediverse notifications in the Flipboard app itself. In total, Flipboard says there are now over 11,000 curated Flipboard magazines available to federated social networking users. In addition to the newly federated magazines, Flipboard is also bringing a more integrated fediverse experience to its own app. 4.3.25), Flipboard users will be able to see their new followers from the fediverse in their Flipboard Following tab, while their Flipboard notifications will now include fediverse reactions and conversations. The company had already begun curating content for fediverse users across a handful of “news desks” (dedicated fediverse accounts) that directed users to interesting articles and links across topics.

Instagram’s Latest Teen Safety Measure: Nudity in DMs will be Automatically Blurred by Meta

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Meta has announced it’s testing new features on Instagram intended to help safeguard young people from unwanted nudity or sextortion scams. This includes a feature called Nudity Protection in DMs, which automatically blurs images detected as containing nudity. Nudity screensNudity Protection in DMs aims to protect teen Instagram users from cyberflashing by putting nude images behind a safety screen. But Meta is taking a further step of not showing the “Message” button on a teen’s profile to potential sextortion accounts, i.e. For example, in July 2021 Meta switched to defaulting young people’s Instagram accounts to private just ahead of the UK compliance deadline.

Elon Musk Under Fire for Capitalizing on Crisis: Study Uncovers X’s Incentives for Inciting Hatred during Israel-Gaza Conflict

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The study builds on earlier work investigating his impact on online speech by spotlighting how policy changes Musk enacted are actively rewarding hate speech posters with increased reach, engagement and even direct payouts through X’s subscriber feature. Some of the accounts pivoted to war hate posts after previously posting COVID-19-related conspiracy theory content, per the report. The CCDH found these accounts were able to boost their reach on X after posting hateful content targeting the war. But not all: The CCDH found ads being served alongside hateful posts made by all the tracked accounts. “We found ads for Oreos, the NBA, the FBI and even X itself placed near hateful posts,” it wrote.

UK Accuses China of Major Voter Data Breach

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The U.K. government has blamed China for a 2021 cyberattack that compromised the personal information of millions of U.K. voters. The data breach began as early as 2021 but wasn’t detected until a year later. Dowden said that a separate attempted cyberattack by a China-backed hacking group targeted the email accounts of U.K. lawmakers in 2021, but that parliamentary authorities mitigated the attempted breaches before any email accounts were compromised. The Norwegian government previously attributed a 2018 data breach on its systems to APT31. In 2020, Google security researchers linked APT31 to the targeting of email accounts belonging to the Trump and Biden presidential campaigns.

“Empowering Individuals from Unstable Economies: Nsave Secures $4 Million for Offshore Account Access”

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Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has raised $4 million seed funding. Amer Baroudi and Abdallah AbuHashem co-founded nsave in 2021 from lived experiences. “And then based on the risk scores, you might be prompted into different streams of questions or enhanced due-diligence mechanisms. Also, in war-torn countries like Sudan, people with savings in local banks have a hard time accessing their money. “Now nsave is live, there’s finally a trusted option to protect their users against the rampant inflation of distressed economies, providing safe, stable offshore accounts to people who need them the most.”

Unveiling the Beta Launch: Join Threads and Link Your Accounts to the Fediverse!

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Meta announced on Thursday that its beta experience of sharing Threads accounts to the fediverse is now open to users ages 18 and up with public profiles. To opt into the fediverse beta experience on Threads, go to account settings and toggle on fediverse sharing. This gives you the chance to connect with other people who may not be on Threads but use alternative social networking apps. For instance, beta users on Threads can’t see people in the fediverse who replied or liked their posts. Users also can’t share posts with polls.