Connect with us


“Not unusual nor improper”: Pandora Papers, leaders deny wrongdoing



Following the release of 12 million files exposing the dealings of the world’s elite, several world leaders say they’ve got nothing to hide.

World leaders deny any wrongdoing

Reports are calling the Pandora Papers the biggest leak in history with Russian President Vladimir Putin and Jordan’s King are among 35 current and former leaders who have links to the papers.

Jordan’s palace says it is “not unusual nor improper” that the nation’s King owns property abroad.

The papers state that the royal spent more than 100 million US dollars on building his property empire abroad throughout Britain and America.

Meanwhile, the Kremlin has questioned the validity of the leaked information with a spokesperson calling it “unsubstantiated” information.

“For now it is just not clear what this information is and what it is about… the Kremlin didn’t see any hidden wealth of Putin’s inner circle in there”.

Further to this, India officials said they will launch a formal investigation into the “data dump”, with Pakistani Finance Minister Shaukat Tarin along with several other leaders named in the documents to be investigated.

The Panama Papers successor

The Pandora Papers were released by the International Consortium of Investigative Journalists (ICIJ) who are based in Washington DC in association with 140 media organisations.

As part of their investigation, more than 11.9 million records were acquired equating to around 2.94 terabytes of data.

Six hundred journalists were involved in the investigation.

It comes five years following the leak of the Panama Papers which exposed wealthy individuals hiding large sums of money from law enforcement.

ICIJ journalist, Scilla Alecci joined ticker earlier, saying the secretive nature of offshore accounts is dangerous, especially when used by politicians.

Scilla alecci, Journalist ICIJ

Continue Reading


Is the metaverse the future of social network?



U.S. firms like Meta, the parent company of Facebook and Microsoft are going all in on the metaverse. Meanwhile, Chinese companies appear to be taking a more cautious approach amid tighter regulation.

#metaverse #china #unitedstates #tech #veronicadudo #ozsultan #crypto

Continue Reading


Global metaverse race



China is looking to invest in the metaverse market as numerous cities rollout policy proposals.

Technology continues to change our lives forever.

As new advancements are released to the public—safety continues to be a major concern.

People are interacting with computers in a different way, with the word Metaverse becoming a buzzword in both the tech and business industries.

While the term, “metaverse” is broad, it refers to a set of digital spaces online—including 3D—that allows people to do many things from socializing and learning to interacting and collaborating.

Analysts say it’s the next evolution in social connection and the successor to the mobile internet.

According to Morgan Stanley, the metaverse market could be worth $8 trillion in the future.

China’s technology giants are investing in the metavese and recently, numerous Chinese cities have announced policy proposals to attract and support metaverse companies.

This comes after tense year of regulatory scrutiny on the countries tech sector.

The Chinese city of Zhengzhou recently announced a series of policy proposals to support metaverse companies operating in the region.

The initiative involves the municipal government establishing a nearly $1.5 billion dedicated fund in an effort to foster growth and development in the industry.

So, is the metaverse taking the world by storm?

Oz Sultan from the Sultan Interactive Group joins us to discuss. #china #metaverse #veronicadudo #ozsultan #regulation #crypto #tech

Continue Reading


Will deepfakes change election results?



Artificial intelligence is fuelling concern as deepfakes emerge and challenge the truth

A U.S. House Intelligence Committee warned of the impact deepfakes may have on American society and democracy in 2019.

At the hearing, California Democrat Adam Schiff showed an artificially-generated clip spoofing Senator Elizabeth Warren.

Lawmakers called on social media platforms and companies to take the threat of deepfakes seriously.

More recently, a democracy-distorting video was posted online showing Kemal Kilicdaroglu, the main contender in the Türkiye election, speaking perfect English.

The deepfake phenomenon is fuelling an arms race between fake content creators and those seeking to moderate it.

Continue Reading
Live Watch Ticker News Live

Trending Now

Copyright © 2023 The Ticker Company PTY LTD