Tag: Source

TikTok Tells Australia Government It Will Make Source Code Available for Inspection | Investing News

SYDNEY (Reuters) – TikTok has told an Australian government committee that it will allow government officials to review its algorithm and test its source code, as it seeks to overcome distrust surrounding the video-streaming app operator’s China ownership.

TikTok’s owner ByteDance has reached a deal with Oracle Corp

and Walmart Inc

that it hopes will end U.S. plans to ban TikTok in the United States on security grounds. It said the deal will see the creation of a standalone U.S. firm, TikTok Global, that does not involve any transfer of technology, though Oracle will be able to inspect TikTok source code.

TikTok’s Australian executives appeared in Canberra on Friday before the Select Committee on Foreign Interference through Social Media, where they said the computer instructions that guide the content presented to TikTok users would be made more widely available for inspection.

“(It will be) available in a public setting for

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Align Capital buys Excergy as latest add-on for its E Source utility consulting platform

Align Capital Partners has acquired Excergy, a Denver-based provider of utility consulting and technology implementation services, as the latest add-on for its E Source platform.

Terms of the deal, the fifth tuck-in deal for E Source since its acquisition in June 2019, were not disclosed.

According to Align, Excergy “partners with water, electric and gas utilities, and municipalities, specifically helping its customers assess, design and deploy operational technologies, such as advanced metering infrastructure (AMI) solutions, through multiyear engagements.”

The ability to add new services makes it a prime fit for E Source, a provider of independent research, advisory and information services to utilities, major energy users and other players in the retail energy marketplace.

“E Source looks forward to welcoming Excergy into our recently formed Technology Planning and Implementation Consulting Division. The company’s team of industry veterans have been offering energy and water solutions for over 20 years,” said E

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Purge Virus and PPE Source International are Approved as Qualified PPE Sales Partners (QPSPs) by MACTEL Business Trust

Chicago, IL, Sept. 16, 2020 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: ETFM) – Under an LOI to merge with FOMO this Fall, Purge Virus LLC (PV) is pleased to announce that PV and its Strategic Partner PPE Source International (PPESI) have been approved by MACTEL Business Trust (MBT) as Qualified PPE Sales Partners (QPSPs) for the sale of Personal Protection Equipment (PPE).

MBT’s qualification process involves the review of candidates’ capabilities to attract, engage, and convert qualified buyers of PPE as well as manufacture or source quality PPE and provide the oversight and due diligence to provide PPE in a timely manner and at fair market prices. MBT’s key criteria include:

  1. A candidate’s ability to provide the sales and logistics within industry standards for tracking and oversight;
  2. A prior track record of successful delivery of products; and,
  3. A marketing process that includes human capital and an online presence to
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Scrap tax collection at source proposal on overseas remittances

Being a Finance Minister during a pandemic is undoubtedly an unenviable job. Relief steps announced by the Government must be funded, tax revenues need to keep coming in, and new tax measures should be introduced only if they do not shrink taxpayers’ bank balances further. Some tax proposals are deferred, some amended but usually no proposal is trashed.

In order to widen and deepen the tax net, Budget 2020 proposed to amend Section 206 C to levy a tax collection at source (TCS) on overseas remittance and for sale of overseas tour package. An authorised dealer receiving an amount or an aggregate amount of ₹7 lakh or more in a financial year for remittance out of India under the Liberalised Remittance Scheme (LRS) of the RBI, shall be liable to collect TCS at the rate of 5 per cent if the sum received is in excess of the said amount

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Cummings candidate for UK ARPA drops out, setting back agency: Source

  • The UK’s plan to create a $1 billion blue-skies innovation agency has been set back after the government’s top candidate to run it dropped out.
  • Renowned Australian computer scientist Michael Nielsen had been lined up to run the agency but dropped out in July or August, one source told Business Insider. Nielsen did not respond to requests for comment.
  • Nielsen, based in San Francisco, felt he would not have enough freedom to run the agency as he wished, the source said.
  • A government spokesman said: “The government continues to progress plans to establish the agency as soon as possible.”
  • Visit Business Insider’s homepage for more stories.

The UK’s efforts to establish a new $1 billion moonshots agency for cutting-edge research have been set back after the top candidate to lead it dropped out of the running.

Renowned Australian quantum physicist and programmer Michael Nielsen was the favored candidate, a source

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