Facebook, YouTube, TikTok, Others Fined Over $1 Million Each for Not Appointing a Turkey Representative

first_imgTurkey has ordered Facebook, Instagram, Twitter, Periscope, YouTube and TikTok to pay TRY 10 million (roughly Rs. 9 crores) fines for failing to comply, Deputy Transport and Infrastructure Minister Omer Fatih Sayan tweeted.If the networks fail to open local offices by the start of December, they will be fined an additional 30 million lira.Failure to comply by early January would result in an advertising ban.- Advertisement – – Advertisement – Turkish President Recep Tayyip Erdogan is one of the most popular leaders on social media with nearly 17 million followers and a very active presence.But under his government, Turks have faced increasing prosecution over their social media posts, especially those accused of insulting the president. Erdogan does not hide his disdain for social media, which he threatened to “wipe out” in 2014.The new law was adopted after Erdogan’s anger over online insults of Finance Minister Berat Albayrak and his wife Esra, the president’s daughter, following their fourth child’s birth in June.Turks are accustomed to limited access to websites and content, with Turkish courts submitting hundreds of content removal requests to Twitter over the past few years.Are iPhone 12 mini, HomePod mini the Perfect Apple Devices for India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. Should the social media companies still ignore Turkish law three months after the advertising ban, they will see bandwidth reductions of 50 percent and then by as much as 90 percent in the fifth and final stage.Digital rights expert Yaman Akdeniz said any bandwidth reduction would start in April and reach 90 percent by May, making the platforms effectively inaccessible.Akdeniz tweeted on Tuesday that only the private Russian social media firm VK had appointed a Turkish representative to date.- Advertisement – Turkey on Wednesday fined Facebook, Twitter and three other social media companies for failing to appoint a country representative under a controversial law which came into force last month.The legislation, passed in July, requires platforms with more than one million users to appoint representatives in Turkey that could implement court orders to remove contentious content or face heavy fines.- Advertisement –last_img read more

​Danish schemes see returns moderating in 2020 after 15% last year

first_img“However, it is our clear expectation that the Danes will get used to more moderate returns in the next few years,” he said.PensionDanmark said it had been continuously adjusting its investment strategy in line with falling interest rates, and had increased its investment in renewable energy infrastructure, property and other assets.Anders Schelde, CIO of MP Pension, said his pension fund’s high return had been particularly driven by a very strong stock market, which had produced a 30% return alone in 2019.“But pretty much all of our investments had tailwinds,” he said, adding that even real estate, which was the poorest-performing asset class, ended the year with a 9% gain.With the US election due in 2020, geopolitical turmoil and a looming conflict in the Middle East, Schelde said it was very difficult to predict what would happen this year.“It is our clear expectation that the Danes will get used to more moderate returns in the next few years”Torben Möger Pedersen, chief executive officer of PensionDanmark“However, we are still confident and are aiming for a return in positive territory in 2020, but the risk of more extreme outcomes in both directions has increased,” he said.Between 2009 and 2019, MP Pension said it produced an average annual return of 9%.At Danica Pension, investment director Poul Kobberup said 2019 had gone well for the Danske Bank subsidiary’s customers, partly because of falling interest rates and partly on the back of equity price increases in the period.“At the same time, we at Danica Pension have stuck to our long-term strategy, and we have invested more of our customers’ pension savings into alternative investments, which for several years have produced good, stable returns – and in green investments,” he said.Kobberup said the pensions firm, therefore, expected to maintain its long-term strategic approach to the investment mix in 2020.“On top of a really good year in 2019, however, we will probably see more normal returns in 2020,” he warned. Pension funds in Denmark are publishing early reports of unusually high 2019 investment returns on the back of strong markets all round, while dampening expectations that last year’s success can be repeated in 2020.Labour-market pension fund PensionDanmark reported a 15.7% pre-tax return for scheme members with 15 years to retirement and a medium-risk investment profile in 2019, and the fund for academics, MP Pension, said its DKK16.4bn investment return for last year equated to a return of 15%.Meanwhile, Danica Pension – the country’s second biggest commercial pension fund – announced customers with low-risk profiles and five years to retirement received a 9.9% return for last year, while those with high-risk profiles and 30 years to retirement made a 25.5% gain.Torben Möger Pedersen, chief executive officer of PensionDanmark, said the 2019 return was equivalent to about three to four years of normal return in one year.last_img read more

Lady Charger Volleyball Teams On The Winning Side

first_imgNorth Decatur High School Girls Varsity Volleyball beat Rushville Consolidated High School 3-0. 25-18, 26-24, 25-23.The Lady Chargers top Rushville in 3 sets! We came out with a lot of intensity tonight and it was great to see the girls play as a team! We minimized unforced errors in regards to missed serves and passed the ball well.   Chargers Scoring: Kara Muckerheide set 97/100 with 32 assists, 3 kills, 5 blocks & 5 digs; Olivia Bohman adder 8 kills, 3 aces & 10 digs; Erika Kramer tallied 12 kills & 9 digs; Madelyn Bohman 11 digs, 7 kills & 4 blocks; Olivia O’Dell 7 digs & Anna Burkhart 5 digs.   The JV team won in 2: 25-17 & 25-14.   Abby Hartman & Erin Schwering each had 5 kills. Sami Luttel adder 12 assists & Brittany Krieger totaled 12 digs.Courtesy of Chargers Coach Ashley Gauck.North Decatur Girls 7th Grade Volleyball beat Edinburgh Schools 2-0. 25-13, 25-20.7th Grade North Decatur girls Volleyball defeated Edinburgh in 2 games in their first game of the season.  25-13, 25-20.Hannah Gorrell and Claire Kinker led the team in serves with 15 pts and 9 pts. Sydney Rohls and Ally Witaker led the team with 7 perfect passes each. Kelsey Haley had a strong night of setting to assist Hannah Gorrell for 6 Kills.Courtesy of Chargers Coach Molly Waechter.last_img read more

Storify: Syracuse defeats Stony Brook 28-17

first_img Published on September 15, 2012 at 7:49 pm [View the story “Syracuse defeats Stony Brook, 28-17” on Storify] Comments Related Stories LEVELING UP: Syracuse shuts down Stony Brook offense in 2nd half to snap 7-game losing streakGallery: Syracuse vs. Stony Brookcenter_img Facebook Twitter Google+last_img