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☆ I was a commando who trained with Navy SEALs. Dealing with risky situations helped me navigate the corporate jungle.
▼ + stars: | 2024-03-10 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

It's now been 10 fulfilling years that I have spent in the private sector. But if I were to liken corporate life to my military experience, I would compare working in the private sector to parachuting. Some mourn the loss of camaraderie and the sense of purpose when one leaves the army for the private sector. And in the military, things are straightforward. AdvertisementSo, it's true that the private sector is inherently transactional, albeit in a different way.

Persons: Kwong Weng Yap, —, Yap, Singapore's, Lim Chuan Poh, It's, I've, you'll, Kwong Weng Organizations: Singapore Armed Forces, Service, National Cadet Corps, NCC, SAF, Navy, Defence Force, Enterprise Singapore Locations: Singapore, Australia, Yap, Myanmar, Vietnam, Southeast Asia, Ukraine, China

☆ TikTok takes first steps in turning on Norwegian data centre
▼ + stars: | 2023-11-30 | by ( Victoria Klesty | ) www.reuters.com time to read: +2 min

The company, owned by China-headquartered Bytedance, has been trying to address concerns over whether the Chinese government could access the data of European citizens who use TikTok. Several countries, the European Parliament, European Commission and others have banned TikTok from staff phones due to those concerns. TikTok in March launched a data security regime called Project Clover to build data centres and store European user data locally. The Norwegian data centre will be in the town of Hamar where TikTok will store data spread over three buildings and the first phase will start operating from next summer. The Norway data centre will run completely on renewable energy and generate heat that could be re-used.

Persons: Dado Ruvic, we're, Theo Bertram, TikTok's, TikTok, Bertram, Supantha Mukherjee, Jane Merriman Organizations: REUTERS, Green, European Commission, Reuters, British, NCC, Thomson Locations: HAMAR, Norway, Europe, China, Norwegian, Hamar, TikTok, Victoria, Stockholm

[1/6] A man sings for customers touring the Erhai lake on a sightseeing bus, in Dali, Yunnan province, China November 10, 2023. Many are former city-dwellers in search of an elusive prize in authoritarian China: Space for open discussion and exchange of ideas. POLICE OVERSIGHTThe local government has sought to attract young tech talent and in September asked digital nomads for input on policies, two community organisers told Reuters. Many digital nomads who use co-working spaces are involved with technologies like blockchain, according to organisers, which they say has drawn scrutiny from local authorities. Since digital nomads, unlike university students, "are not subject to structured discipline, they are harder to manage", she said.

Persons: Florence Lo, DALI, Trump, Xi Jinping, Minhua Ling, Dali, Xi's, Bai Yunxi, Xi, Bai, Chen Zhengyun, Chen, Ling, Laurie Chen, Katerina Ang Organizations: REUTERS, Geneva Graduate Institute, Reuters, Communist Party, Thomson Locations: Dali, Yunnan province, China, China's, Israel, Gaza, Yunnan, Beijing

☆ Chasing a Different China Dream, Young Digital Nomads Head for the Hills
▼ + stars: | 2023-11-23 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +6 min

Many are former city-dwellers in search of an elusive prize in authoritarian China: Space for open discussion and exchange of ideas. POLICE OVERSIGHTThe local government has sought to attract young tech talent and in September asked digital nomads for input on policies, two community organisers told Reuters. Many digital nomads who use co-working spaces are involved with technologies like blockchain, according to organisers, which they say has drawn scrutiny from local authorities. "We are more low-key and don't emphasise digital nomads in our marketing anymore," one co-working space staffer told Reuters, adding that conservative local governments in rural towns like Dali are "cautious of emerging technologies". Since digital nomads, unlike university students, "are not subject to structured discipline, they are harder to manage", she said.

Persons: Laurie Chen DALI, Trump, Xi Jinping, Minhua Ling, Dali, Xi's, Bai Yunxi, Xi, Bai, Chen Zhengyun, Chen, Ling, Laurie Chen, Katerina Ang Organizations: Geneva Graduate Institute, Reuters, Communist Party Locations: China, China's, Israel, Gaza, Dali, Yunnan, Beijing

☆ TikTok hires Britain's NCC for auditing data security
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies NCC Group PLC FollowSTOCKHOLM, Sept 5 (Reuters) - TikTok has hired British cybersecurity firm NCC (NCCG.L) to audit its data controls and protections, and provide independent verification, as part of the social media company's data security regime, nicknamed "Project Clover". As part of the regime, TikTok is opening three data centres - two in Ireland and one in Norway to store user data in Europe. The first Irish datacenter is already online and TikTok has started to migrate data. In the coming months, TikTok and NCC said they will engage with policymakers across Europe to explain how the system will work in practice. TikTok announced Project Clover in March amid growing pressure from lawmakers on both sides of the Atlantic over data security.

Persons: Mike Blake, TikTok, Elaine Fox, Clover, Supantha Mukherjee, Ed Osmond Organizations: REUTERS, NCC, Thomson Locations: U.S, Culver City , California, STOCKHOLM, British, Ireland, Norway, Europe, Stockholm

☆ Quotes: Fed plans broad revamp of bank oversight in wake of SVB collapse
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +11 min

The assertion in the introduction that the Fed should focus on large bank capital requirements is disconnected from the report's conclusions. AMERICAN BANK ASSOCIATION PRESIDENT AND CEO ROB NICOLS"We take any bank failure seriously, and we will review the findings and proposed policy changes in these reports carefully, including where the conclusions may differ. JONATHAN MONDILLO, HEAD OF NORTH AMERICAN FIXED INCOME AT ABRDN"We're likely to see higher capital requirements. What that means for the overall markets is that the devil is in the details: how stringent those capital requirements will be. A potential First Republic Bank failure could similarly present a risk to the long-term investment strategy of high net-worth individuals."

☆ US Fed plans broad revamp of bank oversight in wake of SVB collapse
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +7 min

Many commentators linked the lessons learned from the earlier crisis to the ongoing concerns about First Republic Bank. INSTITUTE OF INTERNATIONAL BANKERS CEO BETH ZORC"The IIB commends the Federal Reserve's timeliness of producing its report on SVB. "There are similarities between SVB's situation and what is happening with First Republic Bank: both are affected by the rapid movement of very large sums of money." A potential First Republic Bank failure could similarly present a risk to the long-term investment strategy of high net-worth individuals." "It feels isolated, than the rest of the regional bank system, feels like it's in a different place than where FRC is."

☆ ‘World’s longest’ purpose-built cycling tunnel opens in Norway
▼ + stars: | 2023-04-18 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

A three-kilometer-long (1.8-mile) cycling and pedestrian tunnel has been blasted through the base of Løvstakken mountain and its makers say it’s the longest purpose-built tunnel of its kind. Ronny Turøy/Bybanen UtbyggingIt takes a little under 10 minutes to whizz through the tunnel by bike and around 40 if strolling by foot. “This makes it more pleasant to use than if one would just walk on asphalt.”The tunnel was constructed in parallel with a new tram line. NCC/Bybanen UtbyggingThe new tunnel came about as a byproduct of Bergen’s second Bybanen tram line, which opened in November 2022. The tram line through the mountain required a parallel evacuation tunnel, so the developers decided to make the new tunnel multipurpose.

☆ World's largest ice rink stays shut for first time due to mild Canada winter
▼ + stars: | 2023-02-24 | by ( Jenna Zucker | ) www.reuters.com time to read: +2 min

[1/2] People skate on the Rideau Canal Skateway, the world's largest skating rink, during a period of subzero Arctic weather in Ottawa, Ontario, Canada January 14, 2022. REUTERS/Patrick DoyleFeb 24 (Reuters) - Canada's renowned Rideau Canal Skateway, the world's largest natural ice skating rink, will not open this season for the first time due to a lack of ice, its operator said on Friday, blaming the closure on climate change. "This year taught us a great deal about the effects of milder winters on the Skateway," the commission said in a statement on Friday. The NCC and the Standards Council of Canada have commissioned a climate change risk assessment to understand the impact of climate change on the Skateway. The average season has been 50 days - and went up to 95 days in the early 1970s, according to the NCC website.

☆ British cybersecurity firm NCC Group to cut workforce by 7%
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +1 min

Shares of the Manchester-headquartered FTSE Mid Cap (.FTMC) firm were down about 10% to an over two-and-a-half-year low of 147 pence in morning trade. NCC said the job cuts would lead to a one-off implementation cost of 4 million pounds ($5 million) in the second half of the fiscal year ending May 31. The company said delays in revenue recognition, particularly in North America and the UK, have weighed on annual outlook, and now expects single-digit revenue growth for the year. NCC also forecast an 8% growth in annual adjusted operating profit at about 52 million pounds, after it reported an about 28% jump in first-half earnings. ($1 = 0.8082 pounds)Reporting by Raechel Thankam Job and Prerna Bedi in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

☆ Airtel only bidder in Nigeria's second 5G licensing round
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: 1 min

ABUJA, Dec 7 (Reuters) - Airtel Africa (AAF.L) emerged as the sole bidder for a 5G high-speed spectrum licence in Nigeria's second round of licensing after another company failed to pay a deposit to continue with the auction, the regulator said on Wednesday. The Nigerian Communications Commission (NCC) issued the country's first 5G licences to MTN Nigeria (MTNN.LG) and Mafab Communications last year in December after the companies each paid $273.6 million. NCC said Standard Network & Connections Limited failed to pay the required "intention to bid deposit," leaving Airtel the only bidder. The regulator has set a reserve price of $273.6 million for the new 5G spectrum licence with a tenure of 10 years. Reporting by Felix Onuah, writing by MacDonald Dzirutwe Editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.

☆ A powerful group of lobbyists and donors pushed Mitch McConnell to take a 'hard red line' that delayed a stimulus bill for months
▼ + stars: | 2020-12-16 | by ( Kimberly Leonard | Dave Levinthal | ) www.businessinsider.com time to read: +19 min

A powerful group of business organizations has pushed for the liability shields and donated generously to McConnell and other Republicans. Photo by Alex Wong/Getty ImagesThe Chamber of Commerce's big giveThe Chamber of Commerce has been among the most vocal proponents of liability protections. Overall, however, Walmart's workers and PAC gave about evenly to Democrats as to Republicans this election. Its PAC gave $9,000 to McConnell's campaign and gave $3,000 to Cornyn. During the past three decades, McConnell has received robust support from some of the industries lobbying hard for liability protections.

☆ În Moldova a fost lansat Primul Forum Național de guvernanță a Internetului
▼ + stars: | 2020-11-24 | by ( Onixmedia Srl | ) diez.md time to read: +3 min

La Chișinău a fost lansat primul Forum național de guvernanță a Internetului, care are loc în perioada 23-24 noiembrie și a devenit o platformă pentru un dialog deschis al diferitelor grupuri de părți interesate: societatea civilă, comunitățile tehnice și științifice, sectorul privat, guvernul și instituțiile statului. În special, riscurile asociate cu criminalitate cibernetică, diseminarea informațiilor false în mod deliberat, scurgeri de date cu caracter personal.”„Toate acestea necesită o punere în comun a eforturilor și dezvoltarea unor metode eficiente de utilizare a Internetului”, a spus Alexei Marciuc. Vitalie Tarlev, secretar de stat al Ministerului Economiei și Infrastructurii, responsabil de domeniul tehnologiei informației și comunicațiilor, a salutat lansarea inițiativei IGF în Moldova cu scopul de a sprijini deschiderea și libertatea utilizării Internetului în Republica Moldova. Internetul este o resursă vitală în perioadă pandemică”, a spus secretarul de stat. „Participarea comunității la acest forum este importantă pentru a urmări procesul pentru a sprijini respectarea drepturilor utilizatorilor finali și neutralitatea Internetului”, a accentuat Vitalie Tarlev.

Persons: coronavirus, Alexei Marciuc, Vitalie Tarlev, MIGF Organizations: Ministerului Economiei, Digital Park, Google Corporation, Society, Foundation, Ministerul Economiei, Procuratura, Universitatea Tehnică a Moldovei, Bitdefender, Media Locations: Chișinău, Moldova, Republica Moldova, Canada, SUA, Olanda, România, Ucraina, Rusia, Kârgâzstan, Belarus, PaloAlto

☆ „Noile evoluții vor face Internetul mai convenabil și mai eficient.” Primul Forum Național de guvernanță a Internetului a fost lansat în Moldova
▼ + stars: | 2020-11-24 | by ( Onixmedia Srl | ) diez.md time to read: +4 min

„Noile evoluții vor face Internetul mai convenabil și mai eficient.” Primul Forum Național de guvernanță a Internetului a fost lansat în MoldovaLa Chișinău a fost lansat primul Forum național de guvernanță a Internetului ( MIGF 2020 ), care are loc în perioada 23-24 noiembrie și a devenit o platformă pentru un dialog deschis al diferitelor grupuri de părți interesate: societatea civilă, comunitățile tehnice și științifice, sectorul privat, guvernul și instituțiile statului. În special, riscurile asociate cu criminalitate cibernetică, diseminarea informațiilor false în mod deliberat, scurgeri de date cu caracter personal.”„Toate acestea necesită o punere în comun a eforturilor și dezvoltarea unor metode eficiente de utilizare a Internetului”, a spus Alexei Marciuc. Internetul este o resursă vitală în perioadă pandemică”, a spus secretarul de stat. „Participarea comunității la acest forum este importantă pentru a urmări procesul pentru a sprijini respectarea drepturilor utilizatorilor finali și neutralitatea Internetului”, a accentuat Vitalie Tarlev. Avem un mare potențial și noi dezvoltări care, atunci când sunt aplicate pe Internet, îl vor face mai convenabil și mai eficient decât este astăzi și vor contribui la apropierea Internetului de oamenii din întreaga lume”, a spus Cerf.

Persons: coronavirus, Alexei Marciuc, Vitalie Tarlev, MIGF Organizations: guvernanță, Ministerului Economiei, Digital Park, Google Corporation, Society, Foundation, Ministerul Economiei, Procuratura, Universitatea Tehnică a Moldovei, Bitdefender, Media Locations: Moldova, Chișinău, Republica Moldova, Canada, SUA, Olanda, România, Ucraina, Rusia, Kârgâzstan, Belarus, PaloAlto

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