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Bumble fights to end unwanted “cyberflashing”

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The dating app is leading a campaign to end unsolicited nude images, with new laws set to be adopted in the U.K

Dating app Bumble is pushing lawmakers to criminalise unsolicited nudes or “cyberflashing”, because it constitutes a form of sexual abuse.

The company’s Head of Public Policy says it has a detection system to stamp out unwanted photos.

But they now have their eyes on an internet-wide monitor that would protect users from harmful content.

In 2018 a UK study revealed over 40 per cent of millennial women had received an unsolicited nude in their lifetime.

After that survey, Bumble launched the ‘Private Detector’, which uses A.I technology to blur unwanted private images.

And further studies have revealed 76 per cent of girls between the ages of 12 and 18 have been the recipients of unsolicited nude images.

In March this year the UK government announced a new Online Safety Bill, which moves to make “cyberflashing” a criminal offence.

Under the new laws perpetrators could face up to two years in prison.

In response to the announcement a Bumble release states, “Bumble worked with key politicians and organisations to achieve this significant milestone.”

“This new law is the first step to creating accountability and consequences for this everyday form of harassment that causes victims—predominantly women—to feel distressed, violated, and vulnerable online.”

In July last year the dating company made headlines for giving staff unlimited paid leave.

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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