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X Reduces Trust and Safety Staff, Raises Concerns Over Hate Speech Monitoring
The Australian E-safety Commission has reported that X Corp, formerly known as Twitter, has laid off over 30 percent of its trust and safety staff. The reduction, attributed to Elon Musk's cost-cutting measures since taking over the platform, includes over 80 percent of X's safety engineers. The report highlights an increase in reported hate speech on the platform, but a decrease in the number of users banned for such behavior. Additionally, there has been a 45 percent reduction in trust and safety staff in the Asia Pacific region and a complete elimination of Australian-based staff, aligning with a legal challenge to X's terms and conditions under the Online Safety Act in Australia. The challenge questions whether X is meeting minimum safety standards set by the law. Ongoing updates are expected in this legal matter.
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The Pakistan Stock Exchange (PSX) 100-Index concluded Friday with a bearish trend, experiencing a loss of 124.26 points, indicating a negative change of 0.19%. The index closed at 64,514.90 points compared to the previous trading day's closing at 64,639.16 points. Throughou...
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The Saudi stock market is poised to achieve its highest annual closing level in 18 years, with the Tadawul All Share Index (TASI) rising by approximately 13.5% since the beginning of 2023 until the year's end. The market successfully reversed last year's losses of 7.1%, aiming...
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