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Saturday, 12 September 2020

TikTok Owner ByteDance to Spend Billions in Singapore After U.S. Ban

TikTok is the most downloaded app of 2020, as quarantines have spurred more and more users to hop onboard and learn about the latest dance trends and memes. But the app also faces a slew of regulatory hurdles, privacy concerns, and allegations of censorship, issues experts say will be new CEO Kevin Mayer’s top priority.

Bill Gates Says U.S. Data From TikTok Safe With Microsoft

Jul.07 -- President Donald Trump says he is considering banning TikTok in the U.S. over threats to national security as tensions continue to rise with China. Bloomberg’s Selina Wang reports on “Bloomberg Markets: China Open.”

https://www.bloomberg.com/news/videos/2020-09-11/tiktok-owner-to-spend-billions-in-singapore-video >
  • ByteDance looks to add hundreds of jobs in the nation: people
  • Chinese company wants Singapore to be base for rest of Asia

ByteDance Ltd., the Chinese owner of video-sharing app TikTok, is planning to make Singapore its beachhead for the rest of Asia as part of its global expansion, according to people familiar with the matter.

The Beijing-based company is looking to spend several billion dollars and add hundreds of jobs over the next three years in the city-state, where it has applied for a license to operate a digital bank, said the people, who asked not to be identified because of confidentiality.

The investment would come at a crucial time as the technology firm is forced to sell TikTok operations in the U.S. under pressure by the Trump administration.

ByteDance, the world’s most richly valued startup, is plowing ahead with plans to take its social media services deeper into Asia after setbacks in India and the U.K. as well as the U.S.

The internet phenomenon controlled by billionaire Zhang Yiming has long eyed Southeast Asia’s 650 million increasingly smartphone-savvy population, a region where Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are also making inroads.

Read how TikTok becomes part of U.S.-China flashpoints

The plans for Singapore include establishment of a data center, the people said. Its operations there include TikTok and Lark, an enterprise software business.

ByteDance currently has more than 200 job openings in Singapore, for positions in everything from payments to e-commerce and data privacy, according to its job referral site.

The company already has 400 employees working on technology, sales and marketing in the city-state, one of the people said.

A ByteDance representative offered no comment.

Shopping Spree

Southeast Asia's e-commerce is on track to top $150 billion in 2025

2015 $:5.5B 2019: $38.2B 2025: $153B

Source: Google & Temasek / Bain, e-Conomy SEA 2019
Gross merchandise value

Southeast Asia is rapidly evolving into a critical location for China’s largest tech corporations from Alibaba to Tencent in the face of growing hostility from the U.S. and other major developed markets. Singapore is becoming a regional base for both Western and Chinese companies because of its developed financial and legal system, and as Beijing tightens its grip on Hong Kong.

“Singapore is highly attractive to tech firms looking for a hub to address the Southeast Asian markets due to geographic proximity,” said Bloomberg Intelligence analyst Vey-Sern Ling.

“The workforce is highly educated, tech savvy and multilingual.”

In China, ByteDance also runs news aggregation app Toutiao, and TikTok’s Chinese twin Douyin. Collectively its stable of products have more than 1.5 billion monthly active users.

ByteDance is said to have generated more than $3 billion of net profit on more than $17 billion of revenue in 2019.

U.S. Deadline

Asia is a growth area for the company, especially when it is increasingly likely to miss the U.S. government’s deadline for the sale of its TikTok U.S. operations. President Donald Trump said Thursday he won’t extend his Sept. 15 deadline for the deal.

In India, TikTok is among more than a hundred Chinese-made consumer apps that are banned by the government on concerns about security. SoftBank Group Corp. is exploring gathering a group of bidders for TikTok’s India assets.

The U.K. government will likely ban TikTok from moving local user data out of the country, Bloomberg News has reported.

Gateway

Singapore, in particular, offers ByteDance the opportunity to explore an area it’s had relatively little exposure to. The company is leading a consortium that has applied for a digital-bank license from the Monetary Authority of Singapore. Other members of that group includes a private investment firm owned by a member of the Lee family that founded Oversea-Chinese Banking Corp.

The regulator will award as many as five such permits to non-banks by December. Ant Group and Tencent-backed Sea Ltd. have also applied. The city-state offers a potential gateway to the rest of Southeast Asia, where the digital lending market may reach $110 billion by 2025, according to a report by Bain & Co., Google and Temasek Holdings Pte.

(Updates with details from penultimate paragraph)

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Friday, 11 September 2020

Services fair aims to revive global trade, providing venue for prospective business partners to meet

People look at an unmanned delivery vehicle at the booth of Meituan at the comprehensive exhibition area of the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China, Sept. 8, 2020. Chinese enterprises demonstrated latest innovations and technologies such as 5G and AI at the fair. (Xinhua/Pan Siwei)



China's first major in-person international trade event since the coronavirus outbreak, where 99 innovations were unveiled and 240 agreements were signed, showed the nation's resolve to expand opening-up and push for economic globalization, an official with the Ministry of Commerce (MOFCOM) said on Wednesday.

The six-day gathering incorporates the nation's prowess in digital technology innovations, which will allow for services trade to expand regardless of the pandemic. It also underscores China's drive to revitalize global trade, which is caught in raging unilateralism and protectionism, according to event participants.

A national negative list for cross-border services trade and a separate list for the nation's free trade zones and free trade ports will be rolled out within this year, Xian Guoyi, head of the Department of Trade in Services and Commercial Services of the MOFCOM, told a media briefing at the conclusion of the China International Fair for Trade in Services (CIFTIS) in Beijing.

China's services trade has ranked No.2 globally for six consecutive years. The event took full advantage of digital technologies to enable business exchanges and negotiations both online and in-person, helping companies explore opportunities to hedge against the impact of COVID-19, Xian said.

Governments at various levels, major centrally administered state-run enterprises and financial firms organized trade groups for the first time at the event to participate in negotiations and procurement, resulting in the signing of 240 agreements, he disclosed.

The amount of contracts of intent signed during the six-day event is still being calculated and will be announced later, Xian said in response to a question from the Global Times after the media briefing.

A total of 22,000 companies and institutions from 148 countries and regions took part in the gathering, including 33 international organizations, 68 embassies in China, 110 overseas business chambers and associations, and 199 Fortune global 500 firms, according to Yan Ligang, head of Beijing's commerce bureau.

Yan said that 5,372 domestic and foreign companies put on online stalls, and 3D stalls accounted for 2,037 of them, while 1,870 projects were unveiled online and 550,000 negotiations were initiated online.

Many health measures were taken to ensure the meeting's effectiveness, Yin Yong, vice mayor of Beijing, told reporters on the sidelines of the CIFTIS on Wednesday -- pre-attendance health checks, nucleic acid tests for exhibitors and volunteers, regular daily disinfection and nucleic acid testing at exhibit halls, and a cap on daily visitor numbers for key halls.

The event's registered participants and visitors exceeded 100,000, according to Xian.

Eager to take advantage of the fair to explore overseas markets, a businesswoman was at a booth of the Japan External Trade Organization (JETRO) on Wednesday, asking questions about how her electronics business could venture into the Japanese market.

A number of Chinese businesses asked how to build footprints in Japan, Kazuyuki Karasawa, deputy director of JETRO Beijing, told the Global Times, adding that this year's CIFTIS allowed many Japanese companies, particularly in the elder care area, to showcase their services expertise.

A comprehensive stall for exhibits from Australia, New Zealand, Argentina, Panama and Colombia also stood out.

For the fourth time, Joshua Sun, CEO of the China Australia Business Industry Centre Group, was participating in the annual services trade fair, the only major gathering for services businesses where he could seek opportunities.

It was the first time that the three Latin American countries took part in the trade fair, according to Sun. He told the Global Times on Wednesday that the China-Australia row won't deter bilateral business cooperation and the gathering proved to be a platform for talks that might later become actual deals.

The value of deals originating from the services fair during the previous three years has been rising, Sun said.

A key focus of the six-day gathering was the announcement on Friday that the central government will support Beijing city in setting up a pilot international free trade zone for services sector opening, the digital economy and sci-tech innovation.

The creation of the zone "is of particular significance and [will have] a strong demonstration effect," Yin said.

Japanese money broker Ueda Yagi Tanshi Co's currency broking venture, the first fully foreign-owned money brokerage in China, was announced on Wednesday to be set up in Beijing's sub-administrative center.

Daiwa Securities' majority-owned joint venture in China, the first Japanese-invested securities firm to be granted an underwriting and sponsoring license, was also announced Wednesday to be located in Beijing.

The capital city also unveiled an intellectual property trading center on Wednesday that is intended to become a key facility for the nation's sci-tech innovation center and a pivotal hub for international intellectual property cross-border trade.

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To address new problems and challenges in an increasingly digital era, China is ready to launch a global initiative to safeguard gl.

Wednesday, 9 September 2020

China ready to launch global data security initiative


To address new problems and challenges in an increasingly digital era, China is ready to launch a global initiative to safeguard global data security that welcomes the participation of all parties, Chinese State Councilor and Foreign Minister Wang Yi declared China's effort on Tuesday at a seminar on global digital governance.

The initiative comes against the backdrop of Trump administration cooking the so-called data threat from China's high-tech companies in recent months.

The move could be seen as a Chinese response to counter Washington's "Clean Network" program that clearly aims to smear and exclude Chinese technology firms, apps and services providers from some US allies.

Actually, Beijing's move seems more like a Chinese approach on how to properly handle global data security risks.

Data security, which is now under growing regulatory scrutiny, has become a focus of global attention due to the rising geopolitical risks linked to the issue. Over the past months, the Trump administration, without providing any evidence, claimed Chinese high-tech firms and their apps, such as Huawei Technologies, ByteDance's TikTok and Tencent's WeChat, could pose national security risks because of their access to Americans' personal data.

In the digital era, data security threat may be real, but politicizing security issues to use it as a weapon to crack down on other countries' high-tech companies, constitutes a reckless detachment from globally-recognized rules and practices.

Some US politicians may truly believe that suppression of Chinese tech firms by spreading the Cold War mindset to the digital sector will give the US an upper hand, but in fact, it will only undermine investor confidence in the global digital industry. This is because the utilization of data will determine how far we can go in the digital era, and if governments are obsessed with geopolitical games by abusing security issues, it will only lead to isolated islands of data, stalling the progress of the digital age.

But this doesn't necessarily mean that data security is not important, on the contrary, the fast development in global digitalization could only be achieved under the guarantee of data security.

China's latest initiative calls for an objective and rational approach to data security, which is essential for restoring confidence in global digital sector. For instance, governments should tighten data privacy laws and carry out cooperation over cyber-security issues like encryption. These are the right approaches to better protect each country's data security while avoiding political discrimination toward companies, wherever they are based.

Only with better rules can development be assured, so that countries can also avoid picking sides or being subject to arbitrary suppression from one or two specific governments.

It is also worth noting that even though China calls on the global discussion on data security, it won't set the rules. Because only rules that reflect the will of all countries in the world can be accepted and implemented in the long run.

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Saturday, 5 September 2020

China develops advanced brain-like computer

The brain-like computer with over 100 million neurons. [Photo/zhejianglab.com Innovation - Chinadaily.com.cn]


HANGZHOU - A brain-like computer with over 100 million neurons, the first of its kind in China, has been developed by researchers in East China's Zhejiang province.

Zhejiang University and Zhejiang Lab on Tuesday jointly introduced the newly developed computer named Darwin Mouse.

This high-tech device contains 792 second-generation brain-like Darwin chips developed by Zhejiang University, said Zhu Shiqiang, director of Zhejiang Lab.

It supports 120 million spiking neurons and nearly 100 billion synapses, which are equivalent to the number of neurons in the brain of a mouse. The average power consumption of the computer comes in at only 350-500 watts.

"Just like building blocks, we integrated the 792 brain-like computing chips into three standard server chassis to form a powerful rack-mounted brain-like computer," said Pan Gang, leader of the research team, from College of Computer Science and Technology, Zhejiang University.

Meanwhile, the team also developed an operating system specifically designed for brain-like computers, named Darwin OS, which realizes effective management and scheduling of the hardware resources and supports operations and applications of brain-like computers.

According to researchers, brain-like computing refers to the use of hardware and software to simulate the structure and operating mechanism of the brain's neural network and construct a new artificial intelligence paradigm. It is an innovative computing architecture that is regarded as one of the important ways to solve complex computing-related problems in fields, such as artificial intelligence.

Pan added that this type of brain-like computer has been able to perform a variety of intelligent tasks, such as enabling the collaboration of multiple robots in simulated flood-fighting-and-rescue operations, simulating different regions of the brain and providing faster and large-scale simulation tools for scientific research. Besides, it has also realized "mind typing" through real-time decoding of electroencephalogram (EEG) signals.

"By simulating the human brain, we will be able to understand the working principles of different parts of the brain, which will help cure certain brain diseases that otherwise cannot be diagnosed through biomedical approaches," said Pan. "In the future, brain-like computers will have broader application prospects including three major areas of artificial intelligence, brain science and brain diseases."

"Brain-like computing is expected to emerge as an important form of computing in the future," said Wu Zhaohui, academician of the Chinese Academy of Sciences and president of Zhejiang University.

"It is the latest achievement of the brain science and artificial intelligence research project (referred to as the Double Brain Project). By emulating the structure and mechanism of the brain, this project is expected to develop a new computer architecture that will lead the future," said Wu.

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Sunday, 30 August 2020

Peeing Problems ?


Men, if you are having trouble with urination, it could be due to an enlarged prostate.


WHEN it comes to men’s health, the prostate is one of the organs that garners the most attention as it is a vital part of the male reproductive system.

The prostate is a small, squishy gland about the size of a walnut, located deep inside the groin, below the bladder, at the base of the penis and in front of the rectum.

The prostate is a walnut-shaped male gland situated deep inside the groin, below the bladder.- 123rf.com

 An enlarged prostate is, by far, the top reason men have trouble peeing. The prostate gland sits right below the bladder. Urine travels from the bladder through a channel that runs right through the prostate to the urethra, where it exits the body.

A sexual gland, its most important function is the production of a fluid that, together with sperm cells from the testicles and fluids from other glands, makes up semen.

“When a man reaches climax, the sperm is mixed with water from the prostatic fluid and propelled out through the urethra tube.

“So, he ejaculates two things – the prostatic fluid and the semen,” explains consultant urologist Dr Datesh Daneshwar.

“This whole mechanism is so intricate that at the time of climax, he needs to stop peeing.

“There is a muscle that stops you from peeing, yet allows the semen to come out through the urethra via the penis and out of the body.”

Men often think that prostate enlargement (benign prostatic hyperplasia or BPH) is a natural part of ageing, but this is not necessarily true.

Says Dr Datesh, “With ageing, the prostate can enlarge, and if it does, it usually enlarges in the outward direction and doesn’t cause a compression of the urethra.

“It does not cause symptoms all the time and needs no treatment because it doesn’t trouble a man.

“But when it enlarges in the inward direction, it causes a blockage of the urethra and can lead to men having problems passing urine or with ejaculation; it can also cause erectile dysfunction.

“Being told on a routine ultrasound that your prostate is enlarged is not a reason to run to your urologist, unless you have some bothersome urinary symptoms – even something as trivial as needing to constantly get up in the middle of the night to pee.”

Aside from those who sit most of the day, avid male cyclists may also be at risk of developing prostatitis due to the compression of their pelvic area


No one knows the actual cause of prostate enlargement, although ageing, changes in the testicular cells and testosterone levels are believed to play a role in the growth of the gland.

The urologist says, “All the nerves that allow an erection are located around the prostate, and if you have an enlargement, these nerves are compressed and go wonky, so you will not have a proper erection.

“The inner part of the prostate is mostly muscle, so it’s pliable or elastic.

“Due to the enlargement, it becomes stiff – similar to inflammation that can take place in other body parts, e.g. the neck, legs, arms, etc.

“All this while, we have assumed that this enlargement has got to do with the increased number of prostate cells.

“However, I found that a lot of men have an injury to the prostate that makes the individual cells enlarged.”

For clearer understanding, Dr Datesh presents the following scenarios to his patients.

Imagine you have been hit hard on the arm.

When you put on a shirt, your hidden swollen arm may look “muscular”, but in actual fact, it is injured.

Or you could have hit the gym, worked out really hard and built your arm muscles, making you truly muscular.

The net result is the same: enlargement.

“The majority of men who have an enlarged prostate have a component of inflammation, which is known as prostatitis.

“It could be caused by swollen cells, which can be the result of a bacterial infection or injury.

“The bacterium that has been implicated in this is Chlamydia trachomatis, which is sexually transmitted (and causes chlamydia).

“It can remain dormant inside your prostate for years before acting up.

“As for injury, the mode is unclear – it could be caused by a catheter that was put into the penis during surgery or a camera that was inserted into the penis to remove a kidney stone, etc.

“Yet, there are men who have none of these, but still have an injured prostate,” he says.

He adds that, “Some factors that may cause the injury are excessive sitting or cycling.

“Any pressure on the perineum can lead to inflammation of the prostate and pelvic floor muscles, and this then causes urinary problems.”

A recurring problem

Besides urinary problems (i.e. dribbling, pain or too frequent), other symptoms of prostatitis include blood in the urine, groin pain, rectal pain, abdominal pain, lower back pain, fever, chills, body aches, urethral discharge, painful/ premature ejaculation, poor erection, lack of morning erection and sexual dysfunction.

Depending on the cause, prostatitis can come on gradually or suddenly.

It might improve quickly, either on its own or with treatment.

Some types of prostatitis last for months or keep recurring, which can greatly affect a man’s quality of life and cause low self-esteem.

To treat prostatitis, doctors will prescribe antibiotics, alpha blockers (to relax the bladder neck and muscle fibres where the prostate joins the bladder) and anti-inflammatory agents.

They may also suggest a prostatic massage, which can be very unpleasant.

Unlike BPH, which affects men above 50, most prostatitis patients are in the 30-50-years age bracket.

Dr Datesh says, “I have seen patients as young as 17 and as old as 90 with prostatitis.

“The management of this is different from standard management of BPH.

“Until now, we have never had a proper curative management, so the problem can be treated, but will come back every few months or years.

“A prostatitis patient then becomes a permanent patient of the urologist because his condition recurs.”

He relates a case of a 42-year-old fit and healthy patient who was rushed to the emergency department because he couldn’t pee after returning from a long flight.

A catheter was inserted and almost one litre of urine was drained.

He shares, “We started him on medicines and hoped he could pee.

“A few days later, we removed the catheter, and once again, he couldn’t pee.

“So, the next option would have been to do a surgical transurethral resection of the prostate, but that would have left him with sexual dysfunction for the rest of his life, and that wasn’t fair to the young man!”

He explains: “The surgery involves going through the urinary tube and coring his prostate from within to cut off the inner part (like removing the core of an apple) so that he can pee easier, but in the process, we would have altered the anatomy in the region and destroyed a lot of things.

“The man might end up having incontinence or retrograde ejaculation as the semen goes back into his bladder … everything goes haywire.

“An old man who cannot pee might be thankful, but not a young person.”

Instead, Dr Datesh treated him using antibiotics, along with low intensity shockwave therapy – a method that applies shockwaves directly to the prostate to reduce the inflammatory response and heal the tissues.

“After one session, this man was able to pee, and now, two years later, he’s peeing like a horse!

“I used to do the coring surgery every week, but I haven’t done one in two years because the shockwave therapy provides an effective option,” says the extremely pleased Dr Datesh, who is among the handful of local urologists practising this non-invasive method.

A ‘shock-ing’ option

Shockwave therapy has been around for 40 years and was initially used to break kidney stones, but has since been modified.

Instead of breaking, it creates regeneration and is used in wound healing, arthritis and muscle spasms.

In urology, it is considered new and has been used in the last 12 years to open up blocked blood vessels (due to diabetes, hypertension or heart disease) and enhance circulation to the penis.

“It also wakes up your stem cells to create regeneration.

“As we get older, our stem cells become more dormant and that’s why we don’t heal so well.

“It feels like acupuncture. There are zero complications, no burning sensation and no reported side effects.

“It’s not mainstream treatment, but the science is good and patients have this non-invasive option.

“There’s no fixed duration for treatment, but I do it twice a week for a total of 10 sessions, each lasting 12 minutes.

“Once the therapy is completed, antibiotics and alpha blockers are given for a month,” shares Dr Datesh.

While medicines (which come with side effects) can sort out 90% of prostatitis cases, there will be recurrence for 50-60% of patients after a few months or years.

With shockwave therapy, there is a 90% cure rate, but the studies only go back to the past eight years.

So far, Dr Datesh says the majority of his patients remain well.

“Like any muscular problem, it does go away, but there is a chance for it to come back and we don’t know why this happens.

“I’m extrapolating that humans are not supposed to be on their butts the whole day, but we cannot tell people to stop sitting!

“This problem is not seen in people who stand or do manual labour.

“How much butt tissue you have is also a factor, because without much flesh, the area is compressed further when you’re seated,” he adds.

Unfortunately, there are no tests or scans you can do to diagnose prostatitis – it’s a clinical diagnosis, akin to endometriosis in women.

“It’s very difficult to prove prostatitis microscopically or conclusively because we would have to take out the prostate and send it to the lab for analysis – obviously, this is not possible.

“So we have to put a lot of things together before coming up with a diagnosis.

Dr.DATESH DANESHWAR:
According to Dr.Datech,aAround 80% of men walking around with urinary problem and sexual dysfunction actually have prostatitis and don’t know it.

“They all want the blue pill (sildenafil)!” he says, smiling.

“They need to sort out their prostatitis, then they can enjoy life.”

Men who don’t ejaculate enough may also experience some amount of prostatic inflammation at some point.

“Best to do it three times a week!” he says with a wink.

Good urine flow

Men, irrespective of age, are supposed to have good urination and morning erections their whole lives – it shows that their hormone levels and circulation are intact.

For the past decade, Billy (not his real name), 54, had been experiencing poor urine flow.

It started when he took antinausea pills before going fishing.

Once he returned to shore, he couldn’t pee.

“Apparently, these pills can make any underlying prostate issues surface.

“I sought treatment, and for a while it was okay with medicines, but the problem returned three years ago.

“Although I had no other symptoms, I knew it was a prostate issue as I’m a doctor myself,” says the anaesthesiologist.

He did a series of tests and scans to rule out cancer.

Besides an enlarged prostate and a slightly elevated prostate-specific antigen test level, the results came back negative.

He was prescribed drugs and hormone suppressants.

Billy shares, “The flow was improving, but it still wasn’t good and the side effects were unpleasant.

“It reduced my sexual satisfaction as it caused dry ejaculation.

“I was contemplating surgery because both my late father and grandfather had similar problems and underwent surgery in their 50s.”

For a year, he lived with the dysfunction until he found out about shockwave therapy.

Six sessions later, he noticed an improvement.

“Since the scans and tests showed nothing, the urologist decided to treat my symptoms as prostatitis.

“My pee is much better now than it was 10 years ago.

“I’m at the stage where I only take drugs once a week or when necessary.

“I believe I have an enlarged prostate and prostatitis as both can co-exist.

“I would probably need surgery at some point, but hopefully, I can delay it for another 10 years,” he says.

Dr Datesh concludes, “Men, be aware that urinary problems are not normal at any age, and if you have them, it is not necessarily related to cancer or BPH. You’re not doomed.

“It could be an inflammatory problem or as the Malays would say‘ masuk angin’. Get it checked.”

By REVATHI MURUGAPPAN starhealth@thestar.com.my

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