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NIBSS unveils advanced digital platform to modernise, enhance payments

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The European Commission has accepted a set of binding commitments from Alibaba’s AliExpress in response to concerns over the dissemination of illegal and pornographic materials on its platform, the EU’s executive arm announced on Wednesday. The decision follows an investigation launched in March, which focused on AliExpress’s failure to adequately prevent and remove prohibited content, including unregulated medicines, food supplements, and adult material. The inquiry raised the possibility of a significant fine under the EU’s Digital Services Act (DSA). In a statement, the Commission said it had endorsed a series of “wide-ranging commitments” by the Chinese e-commerce giant, making them legally binding. These include strengthened systems for monitoring and detecting illegal products, greater transparency in advertising and algorithmic recommendations, and enhanced traceability of third-party sellers on the platform. However, regulators warned that AliExpress could still face penalties. The Commission's preliminary findings suggest that the company underestimated the risks posed by illegal content and failed to adequately sanction repeat offenders among its traders. AliExpress retains the right to respond to these findings. “We have proactively engaged and closely collaborated with the European Commission throughout this process from the outset, and we will continue to do so,” AliExpress said in a statement. “We are confident that a positive and compliant result will be achieved through continuing our mutual dialogue with the Commission to address any remaining concerns.” The case marks one of the first major enforcement actions under the Digital Services Act, which requires large online platforms to take stronger steps against the spread of harmful and illegal content in the EU digital market.

EU forces Alibaba’s AliExpress to tighten content controls

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Iran crypto exchange loses $90m in cyberattack

Iran crypto exchange loses $90m in cyberattack

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Tag: Pakistan

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Uber-owned Careem to exit Pakistan as economic pressures mount

Careem, the Middle East-based ride-hailing firm owned by Uber, will suspend operations in Pakistan from July 18, marking the end of a nearly decade-long presence in a market it helped transform. The company cited economic challenges, heightened competition, and constrained capital as reasons for the shutdown, reflecting broader struggles within Pakistan’s digital economy. “This was […]

Pakistan shuts down internet, phone networks on election day
Telecommunications

Pakistan shuts down internet, phone networks on election day

In order to counter any “possible threats,” Pakistan has temporarily shut down internet and mobile phone networks nationwide as the South Asian country votes for national elections. Pakistan’s interior ministry stated in a statement that the action was taken in response to recent terrorist attacks in the nation. Local journalists reported on X early on […]

Pakistan announces e-Safety bill to register, monitor online content
Tech

Pakistan announces e-Safety bill to register, monitor online content

The Pakistani government has unveiled its plan to register and monitor websites, web channels, and YouTube channels. The move comes as a response to the growing need for tighter control over online content. Meanwhile, the Ministry of IT has introduced the E-Safety Bill to the Federal Cabinet, which has granted initial approval. Under the proposed […]

Pakistan, IMF reach $3bn loan agreement
News

Pakistan, IMF reach $3bn loan agreement

Pakistan, which has been experiencing an economic crisis has partnered with the International Monetary Fund for over $3 billion (£2.4 billion). According to BBC, the agreement was finally reached after an eight-month wait though the board of the global lender is yet to accept it. Since gaining independence from Britain in 1947, Pakistan, a South Asian country has […]

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