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Malaysia GDP beats estimates, private sector held up

  Bloomberg Malaysia’s economic expansion beat estimates as private consumption growth quickened, helping counter weak government spending. Malaysia’s consumers and companies are now the growth pillars of the economy after a collapse in global crude prices hurt exports and curtailed the government’s ability to spend. Donald Trump’s victory in the U.S. presidential election poses a risk to Asian economies should ...

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Net neutrality could be another casualty of the Trump era

  Bloomberg The Obama administration’s signature policy on technology was net neutrality. Rules passed by the Federal Communications Commission in 2015 prohibited internet service providers from treating web traffic differently depending on the service being used.To Obama’s FCC, the rules were a way to prevent broadband providers from inappropriately knee-capping companies like Netflix whose services competed with their own. Opponents ...

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Facebook to stop ethnicity-based targeting

  Reuters Facebook Inc has said it would no longer allow certain advertisers to exclude racial or ethnic groups when placing ads on its service, following criticism that the practice was discriminatory. The move comes amid growing scrutiny of how the world’s largest online social media network’s policies and algorithms shape what content appears in a user’s news feed. The ...

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