Day: November 2, 2021

The Bangko Sentral, through its research academy, and the Philippine Institute for Development Studies deserve our congratulations for undertaking collaborative research activities on the Philippine economy and the growth of digitalization. They held a webinar last Oct. 27. Three papers were discussed, each of which were undertaken by individual teams of researchers. All studies contribute to a better understanding of what needs to improve in the country’s economic policies on these subjects. Another aspect of convergence is that they all eventually involve some element of the role of digital … Read More “Digitalization and financial inclusion”

Facebook, which recently rebranded itself as Meta, is doing away with its facial recognition system and will delete the facial scan data of more than a billion users. The decade-old facial recognition system was a feature that had fueled privacy concerns, a class-action lawsuit, government investigations, and regulatory hurdles. Jerome Pesenti, vice president of artificial intelligence at Meta, wrote in a blog post Tuesday that the social media giant was getting rid of the program because of “many concerns about the place of facial recognition technology in society.” Pesenti added that the com… Read More “Why Facebook will stop using its facial recognition system”

By Sheila Dang and Elizabeth Culliford (Reuters) -Facebook Inc announced on Tuesday it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing growing societal concerns about the use of such technology. “Regulators are still in the process of providing a clear set of rules governing its use,” Jerome Pesenti, vice president of artificial intelligence at Facebook, wrote in a blog post. “Amid this ongoing uncertainty, we believe that limiting the use of facial recognition to a narrow set of use cases is appropriate.” The removal of face re… Read More “Facebook will shut down facial recognition system”

San Francisco (AFP) – Scandal-hit Facebook is shutting down its long-criticized facial recognition system and deleting scan data on a billion people, it said Tuesday, in a shock response to privacy concerns. The announcement came as the tech giant battles one of its worst crises ever, with reams of internal documents leaked to reporters, lawmakers and US regulators fuelling fresh calls for government regulation. This policy change shuts down a feature that automatically identified people who appeared in Facebook users’ digital photos, and was key to the company building a global library of fac… Read More “Facebook ends facial recognition over privacy fears”

By Kayla Kibbe Have you had an orgasm yet this month? It’s a personal question, but nearly a week into what is recognized, in some circles, as “No Nut November,” it’s worth asking. Like its namesake No Shave November — as well as other monthly movements like Dry January and Sober October — No Nut November is ostensibly another gimmicky internet challenge designed to promote some kind of personal or social betterment. Unlike those movements, however, which encourage followers to explore the physical and mental wellness benefits of semi-sobriety or stop shaving for a month to raise awareness for… Read More “So Are We Nutting This November or Not?”

Web services provider Yahoo announced on Tuesday that its services would no longer be accessible from mainland China as of November 1. In a statement, the company referred to “the increasingly challenging business and legal environment in China.” It is mostly a symbolic move, as Yahoo’s main offerings, such as email services, have already been unavailable for use in the country for years. Yahoo is the latest US company to shut down services in China. In mid-October, Microsoft had already shut down the Chinese version of the business online network LinkedIn, citing higher regulatory requirement… Read More “Yahoo services no longer accessible from mainland China”