BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

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 FEDERAL MINISTRY OF INFORMATION AND NATIONAL ORIENTATION  PRESS STATEMENT  BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY  The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company.  This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria. The facts of this matter remain that Binance is being inve

CHINA TO LIMIT TEENAGERS'S SMARTPHONE USE TO A MAXIMUM OF TWO HOURS A DSY IN BID TO PREVENT ADDICTION TO MOBILES.(PHOTO).



China to limit teenagers' smartphone use to a maximum of two hours a day in bid to prevent addiction to mobiles

China's internet regulator have announced plans to crack down on how much time teenagers are allowed to spend on their phones, limiting screen time to a maximum of just two hours a day.

The Cyberspace Administration of China (CAC) said it wanted to mandate so-called 'minor mode programmes' for smart devices that would ban users under-18 from accessing the internet between 10pm to 6am.

The CAC also said that the programmes would give users aged 16 to 18 two hours of screen time a day, while users under 16 would get just one hour per day.

Users under eight would get just eight minutes to use devices.  

While the regulator said that the proposed reforms would give parents the option to opt out of the limits, this did little to soothe furious tech investors. 

Xia Hailong, a lawyer at the Shanghai Shenlun law firm, said the rules would be a headache for the internet companies.

'A lot of effort and additional costs to properly implement these new regulatory requirements,' he said.

The lawyer warned that Chinese internet companies may simply ban users under 18 from using their services altogether.

'The risk of non-compliance will also be very high. I believe that many internet companies may consider directly prohibiting minors from using their services,' he said
 


 

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