Technology

SECP and PTA collaborate to Protect the Public from Illegal Loan Apps

The Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Telecommunication Authority (PTA) have decided to collaborate and establish a joint monitoring and reporting mechanism to address the problem of illegal lending apps. The SECP Chairman, Akif Saeed, and the PTA Chairman, Major General (Retd) Hafeez Ur Rehman, held a high-level meeting to explore areas of mutual interest and foster effective cooperation between the two institutions.

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Online Passport Renewal Now Available

In a significant move to ease the process for citizens, Federal Interior Minister Rana Sanaullah has launched an innovative initiative that allows passport renewal online, eliminating the need to visit passport offices. This user-friendly e-passport facility aims to revolutionize the renewal process, addressing the long-standing grievances of citizens who faced extended queues and waiting times.

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Threads Struggles to Retain Users’ Attention

Meta’s Threads, which was initially seen as a potential rival to Twitter, has experienced a decline in user engagement just a week after reaching its peak usage on July 7. According to Similarweb, a digital data firm, the average time spent on Threads each day by U.S. users dropped significantly from 21 minutes to only six minutes on the app’s Android version.

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UAE Bans Netflix Password Sharing

Starting from 20th July, residents of the United Arab Emirates (UAE) have been informed that sharing Netflix passwords beyond their households is no longer permitted, as reported by Khaleej Times. This move is part of Netflix’s broader effort to crack down on the common practice of password sharing. A customer service representative from Netflix confirmed to Khaleej Times that the new rule came into effect on 20th July.

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Google’s Genesis AI: Writing Entire Articles for Journalists

Google is currently testing an AI tool that can write articles for journalists by using only a few provided facts, according to the New York Times. The search engine giant has presented this tool to media outlets like the New York Times, the Wall Street Journal, and the Washington Post, touting it as a “journalists’ personal assistant” meant to free up their time for other tasks.

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Huawei and Chery Unveil Tesla Model S Rival

New spy images of the AITO EH3 electric sedan, a collaboration between Huawei and Chery, have surfaced, revealing interesting design elements and features. The vehicle comes with a LiDAR sensor on the roof, showcasing its autonomous driving capabilities. The EV is built on Chery’s E0X platform, and its CATL battery allows for an impressive 700-km range on a single charge.

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