The Malaysian Communications and Multimedia Commission (MCMC) will provide a framework within a month to enable all social media platform providers to register with the agency and facilitate the regulating such platforms in the country.

Fahmi: MCMC working on framework to facilitate registration, regulation of social media platforms

Digital Nasional Bhd (DNB) is to be 70%-owned by five local mobile network operators (MNOs), while the remaining 30% will be retained by Putrajaya, accompanied by a golden share, according to Communications and Digital Minister Fahmi Fadzil.

Five telcos to collectively own 70% stake in DNB; Putrajaya to retain 30% plus golden share

OSLO (Dec 1): Viaplay shares tumbled by as much as 82% on Friday, as the struggling Swedish streaming group said it would raise new equity and restructure its debt in a rescue plan that would sharply dilute the holdings of existing owners.

Sweden's Viaplay to raise cash, restructure debt, shares plunge 82%

PUTRAJAYA (Dec 1): Minister of Communication and Digital Fahmi Fadzil assured the public on Friday that personal data protection and cyber security will always be under control in the implementation of the National Digital Identity, or Digital ID programme.

Digital ID: Public assured of data protection and cyber security — Fahmi

Alibaba Group Holding Ltd received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.

Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to US$90 (RM420.93) from US$110.

Alibaba gets rare Wall Street downgrade as rival gains traction

Microsoft Corp is talking to partners to help launch a mobile gaming store that will take on Apple Inc and Google’s dominant position in the business, according to Phil Spencer, who leads the company’s Xbox video-game division.

Microsoft talking to partners for mobile gaming store

Meta Platforms Inc executives, speaking at an event on Thursday, said there’s been no major drawbacks to openly sharing its artificial intelligence (AI) technology, even as many peers take the opposite approach.

Meta says no downside to sharing its AI technology

Prime Minister Datuk Seri Anwar Ibrahim on Friday stressed that the people's concerns over the implementation of the National Digital Identity or Digital ID, such as personal and banking records being leaked and chips implanted into the bodies of individuals, are completely unfounded.

Digital ID concerns such as personal data leaks and chip implants unfounded, says Anwar

KUALA LUMPUR (Dec 1): Global semiconductor equipment billings contracted 11% year-over-year to US$25.6 billion in the third quarter of 2023 (3Q2023), according to SEMI.

Global semicon equipment billings down 11% year-over-year to US$25.6 bil, says SEMI

After ditching the airasia Superapp name and rebranding as Move in September, Capital A Bhd’s digital arm wants to become an established and widely recognised online travel agency in Southeast Asia.

Move CEO wants travel brand recognition in post-AirAsia era

Prime Minister Datuk Seri Anwar Ibrahim on Friday registered with the National Digital Identity or Digital ID, making him the first person in the country to have the Digital ID facility.

Anwar first to have Digital ID in Malaysia

TikTok chief executive officer Shou Chew and other top executives met recently with 40 influential leaders, including many from the tech industry, who were pushing for more moderation of antisemitic content and questioning why pro-Palestine videos were so popular on the short-video app.

TikTok CEO challenged by tech leaders on pro-Palestine posts

Tesla's long-delayed Cybertruck will be priced starting at US$60,990 (RM284,701), over 50% more than what chief executive officer Elon Musk had touted in 2019 and a cost analysts have said will draw select, affluent buyers at least initially.

Starting at US$60,990, Tesla's Cybertruck is priced 50% higher than initial estimate

The president of tech giant Microsoft said there is no probability of super-intelligent artificial intelligence being created within the next 12 months.

Microsoft president says no chance of superintelligent AI soon

Three subsidiaries under UEM Group Bhd have signed business agreements with domestic and international companies at the 28th United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates (UAE).

UEM Group's subsidiaries sign multiple agreements at COP28 Dubai

Israeli war planes and artillery bombarded Khan Younis in the south of the Gaza Strip on Saturday, hitting mosques and homes and close to a hospital, after the collapse of a truce in the nearly two-month-old war between Israel and Hamas militants

Israel bombards southern Gaza as humanitarian crisis reaches 'breaking point'

Exxon Mobil Corp and Saudi Arabia’s Aramco, the world’s largest private and state-sector oil companies, led a pledge by 50 oil and gas producers at the COP28 climate summit to cut emissions from their own operations.

Exxon among 50 oil producers in controversial climate pact at COP28

Prime Minister Datuk Seri Anwar Ibrahim will definitely look at the ability of an individual to hold a suitable portfolio in the event of a Cabinet reshuffle, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Anwar will surely prioritise skillset, knowledgeability in any Cabinet reshuffle, says Fadillah

The polling process for the Kemaman parliamentary by-election, which began at 8am on Saturday, concluded at 6pm when all 49 polling centres were closed.

All ballot boxes from the polling centres, involving 244 streams, will be taken to the vote-tallying centre at Dewan Berlian Utama, Kemaman Municipal Council here.

Kemaman by-election: Voting ends, vote-tallying process begins

The US has pledged US$3 billion (RM14.02 billion) to the Green Climate Fund, Vice President Kamala Harris said on Saturday as she arrived in Dubai for the UN climate summit.

The fund, with more than US$20 billion in pledges, is the largest international fund dedicated to supporting climate action in developing countries.

US pledges US$3b for Green Climate Fund at COP28

Malaysia has pledged its support to ensure the effective implementation of the Asean Working Group on Climate Change (AWGCC) Action Plan, Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad said.

COP28: Malaysia committed to supporting Asean climate change action plan

The voter turnout for the Kemaman parliamentary by-election stood at 60% as of 4pm on Saturday, according to the Election Commission (EC).

The figure is nearing the 70% target set by the EC from the 141,043 electors eligible to cast their ballots on Saturday, who have until 6pm before polling centres close.

Kemaman by-election: 60% voter turnout as of 4pm, says EC

Senior lawyer Tan Sri Muhammad Shafee Abdullah is not among the 16 candidates elected to the Bar Council for the 2024/2025 term, after placing 22nd out of the 39 candidates who contested.

Najib’s lawyer Shafee not among those elected to Bar Council for 2024/2025; Fahri Azzat tops polls

The police have opened an investigation paper (IP) against Tan Sri Muhyiddin Yassin for allegedly making statements that touched on the 3Rs (religion, race and royalty) during a campaign for the Kemaman by-election recently.

Kemaman by-election: Police open investigation paper against Muhyiddin over 3R issue

Bursa Malaysia is anticipated to experience some portfolio realignments and window-dressing activities, hence the benchmark index is likely to trend higher next week as the market enters the month of December, said an analyst.

Bursa likely to be higher next week with window-dressing activities

Senior lawyer Tan Sri Muhammad Shafee Abdullah is not among the 16 candidates elected to the Bar Council for the 2024/2025 term, after placing 22nd out of the 39 candidates who contested.

The police have opened an investigation paper (IP) against Tan Sri Muhyiddin Yassin for allegedly making statements that touched on the 3Rs (religion, race and royalty) during a campaign for the Kemaman by-election recently.

The polling process for the Kemaman parliamentary by-election, which began at 8am on Saturday, concluded at 6pm when all 49 polling centres were closed.

All ballot boxes from the polling centres, involving 244 streams, will be taken to the vote-tallying centre at Dewan Berlian Utama, Kemaman Municipal Council here.

The voter turnout for the Kemaman parliamentary by-election stood at 60% as of 4pm on Saturday, according to the Election Commission (EC).

The figure is nearing the 70% target set by the EC from the 141,043 electors eligible to cast their ballots on Saturday, who have until 6pm before polling centres close.

The government will revive the town hall session which will serve as a platform for ministries and secretaries general (KSU) to inform people about measures and actions taken in response to the findings of the Auditor General’s Report.

Mohd Zuki: Govt to revive town hall session to clarify issues raised in AG's Report

A key offshore creditor group of China Evergrande Group supports keeping the developer operating, the South China Morning Post (SCMP) reported ahead of a court hearing on Monday that could decide to liquidate the indebted firm.

Evergrande creditor group supports maintaining operations, not bankruptcy — report

WASHINGTON (Dec 1): US manufacturing remained subdued in November, with factory employment declining further as hiring slowed and layoffs increased, more evidence that the economy was losing momentum after robust growth last quarter.

The survey from the Institute for Supply Management (...

US manufacturing mired in weakness, economy heading for slowdown

The Biden administration released long-awaited rules designed to block electric-vehicle (EV) manufacturers from sourcing battery materials from China and other foreign adversaries, while giving automakers some flexibility to comply with the new mandates.

US sets limits on Chinese content to receive EV tax credits

The foreign exchange market is predicted to remain cautious next week, with all eyes on major data points such as the US nonfarm payroll (NFP) and unemployment rate, which will be critical for ringgit-US dollar performance.

US economic data to set direction for ringgit next week

Prime Minister Datuk Seri Anwar Ibrahim will definitely look at the ability of an individual to hold a suitable portfolio in the event of a Cabinet reshuffle, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

A new digital system is being implemented by the Election Commission (EC) in the Kemaman by-election as a pilot test to improve the electoral system in the country.

EC chairman Tan Sri Abdul Ghani Salleh said the system is intended to facilitate EC officers in handling the election process as well as speed up the announcement of the election results.

Kemaman by-election a pilot test for new system, says EC

Hong Kong has reduced the waiting time for public housing applicants with newborn babies in an effort to support birth rates in the city.

Families with children born on or after Oct 25 this year qualify to apply for Category A tenancy after two years instead of the previous three-year period, according to a statement issued by the Housing Bureau.

Hong Kong cuts public housing waiting time to boost birth rates

The police have activated 12 Op Cantas teams to ensure a smooth polling day for Saturday’s Kemaman parliamentary by-election.

Terengganu police chief Datuk Mazli Mazlan said the teams were deployed at several hot spot areas in the parliamentary constituency.

Kemaman by-election: 12 'Op Cantas teams deployed at hotspot areas for smooth polling, says police

Federal Reserve (Fed) Chair Jerome Powell pushed back against Wall Street’s growing expectations of interest-rate cuts in the first half of 2024, saying the committee will move cautiously with borrowing costs at a 22-year high but retain the option to hike further.

Powell brushes off rate-cut bets as Fed moves carefully

Israeli war planes and artillery bombarded Khan Younis in the south of the Gaza Strip on Saturday, hitting mosques and homes and close to a hospital, after the collapse of a truce in the nearly two-month-old war between Israel and Hamas militants

One of Elon Musk’s rockets carried a South Korean spy satellite into orbit as the rivalry between the two Koreas expands beyond Earth. &nbsp;

A SpaceX Falcon 9 carrying Seoul’s first domestically made reconnaissance satellite launched from the Vandenberg Space Force Base in California at 10.19am Friday, according to South Korea’s defence ministry.

SpaceX carries South Korea’s first spy satellite to orbit

Three subsidiaries under UEM Group Bhd have signed business agreements with domestic and international companies at the 28th United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates (UAE).

Malaysia has pledged its support to ensure the effective implementation of the Asean Working Group on Climate Change (AWGCC) Action Plan, Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad said.

Donald Trump does not have immunity from criminal charges for actions he took as president, a US judge ruled on Friday, rejecting his bid to toss out the case brought by Special Counsel Jack Smith accusing him of unlawfully trying to overturn his 2020 election loss.

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