Facebook bans Myanmar military chief, others

Agencies
August 28, 2018

Yangon, Aug 28: Facebook has said that it is banning Myanmar's powerful military chief and 19 other individuals and organisations from its site to prevent the spread of hate and misinformation.

The social media giant was heavily criticized for permitting itself to be used to inflame ethnic and religious conflict in the country, particularly against minority Rohingya Muslims.

It has been accused of being lax in fighting online misinformation and manipulation in many countries, but Myanmar is one where it has been most closely tied to deadly violence.

Some 700,000 Rohingya have fled from Myanmar's western state of Rakhine over the past year in response to a brutal counterinsurgency campaign by the military, which has been accused of massive human rights violations.

Critics accuse the military of carrying out ethnic cleansing, or even genocide, an allegation denied by the government, which says it was responding to attacks on security forces.

Facebook said yesterday it also targeted pages and accounts that pretended to provide independent news and opinion, while covertly promoting messages of Myanmar's military.

It said it was deleting 18 Facebook accounts, one Instagram account and 52 Facebook pages.

A separate report by investigators working for the UN's top human rights body, released yesterday, charged that "Facebook has been a useful instrument for those seeking to spread hate, in a context where for most users Facebook is the internet."

"Although improved in recent months, Facebook's response has been slow and ineffective," said the report by the Fact-Finding Mission on Myanmar, authorized by the UN Human Rights Council.

"The extent to which Facebook posts and messages have led to real-world discrimination and violence must be independently and thoroughly examined."

Four high-ranking officers and two military units targeted by Facebook were also put on a US government blacklist earlier this month for human rights abuses.

The sanctions block any property they own within the US and prohibit US citizens from engaging in transactions with them.

The US already maintains restrictions on visas, arms sales and assistance to Myanmar's military.

In June, the EU imposed similar sanctions on seven senior army and police officers, all of whom are on Facebook's blacklist.

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News Network
May 25,2020

Islamabad, May 25: Pakistan’s coronavirus cases on Monday reached 56,349 with 1,748 new patients while the death toll climbed to 1,167, the health ministry said.

The Ministry of National Health Services reported that 22,491 cases were diagnosed in Sindh, 20,077 in Punjab, 7,905 in Khyber-Pakhtunkhwa, 3,407 in Balochistan, 1,641 in Islamabad, 619 in Gilgit-Baltistan and 209 in Pakistan-occupied Kashmir.

So far 1,167 people have died of the COVID-19 including 34 who lost their lives in the last 24 hours. A total of 17,482 patients have recovered from the deadly contagion.

The authorities have conducted 483,656 tests in the country, including 10,049 on Sunday. The trajectory showed that the number was steadily going up with authorities fearing a rise in cases in the wake of the easing of lockdown before Eid which was observed in the country on Sunday.

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News Network
April 2,2020

Washington, Apr 2: The total US death toll from the coronavirus pandemic topped 4,000 early Wednesday, more than double the number from three days earlier, according to a tally by Johns Hopkins University.

The number of deaths was 4,076 -- more than twice the 2,010 recorded late Saturday.

More than 40 percent of recorded deaths nationally were in New York state, the Johns Hopkins data showed.

On Tuesday the United States exceeded the number of deaths in China, where the pandemic emerged in December before spreading worldwide.

The number of confirmed US cases has reached 189,510, the most in the world, though Italy and Spain have recorded more fatalities.

After initially downplaying the threat from new coronavirus in the early stages of the US outbreak, President Donald Trump warned of "a very, very painful two weeks" to come for the country on Tuesday.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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