Trump appoints Elon Musk to lead new Department of Government Efficiency

U.S. President-elect Donald Trump has tapped tech mogul Elon Musk to jointly lead a new initiative called the “Department of Government Efficiency.” Musk will co-chair the body alongside Vivek Ramaswamy, a Republican entrepreneur, in a role described as largely advisory. Trump emphasized that the new department’s primary mission will be to “dismantle government bureaucracy” and… Continue reading Trump appoints Elon Musk to lead new Department of Government Efficiency

Foreign tech companies begin paying digital service tax in Nepal

Kathmandu: Foreign tech giants, including Apple, Google, Microsoft, Meta, TikTok, and Netflix, have started paying Nepal’s 2% Digital Service Tax (DST) for providing electronic services to local consumers. As of now, 20 registered companies are complying with the tax, which was introduced in the ‘Economic Act for FY 2022/23’. The DST applies to companies offering… Continue reading Foreign tech companies begin paying digital service tax in Nepal

Nepal launches cross-border payments with Alipay plus

Kathmandu: Nepal Clearing House Limited (NCHL) and Ant International have officially launched cross-border payment integration between NEPALPAY QR and Alipay+ at the Singapore Fintech Festival 2024. This new integration allows travelers from 10 countries and regions, including China, Hong Kong, Macao, Singapore, Malaysia, the Philippines, Mongolia, Thailand, South Korea, and Italy, to make seamless payments… Continue reading Nepal launches cross-border payments with Alipay plus

Australia plans social media ban for under-16s

Kathmandu: Australia’s government says it will introduce “world-leading” legislation to ban children under 16 from social media. Prime Minister Anthony Albanese said the proposed laws, to be tabled in parliament next week, were aimed at mitigating the “harm” social media was inflicting on Australian children. “This one is for the mums and dads… They, like… Continue reading Australia plans social media ban for under-16s

TikTok officially registered with Nepal’s Communications Ministry

Kathmandu: TikTok has officially been registered with the Ministry of Communications and Information Technology, marking a significant step toward regulatory compliance for the popular social media platform in Nepal. The registration was completed on Tuesday under Section 3(1) of the ‘Guidelines for the Regulation of Social Media Use – 2080 BS’, which requires individuals, companies,… Continue reading TikTok officially registered with Nepal’s Communications Ministry

TikTok founder becomes China’s richest man

Kathmandu: The surging global popularity of TikTok has seen the co-founder of its parent company, ByteDance, become China’s richest person. According to a rich list produced by the Hurun Research Institute, Zhang Yiming is now worth $49.3bn (£38bn) – 43% more than in 2023. The 41-year-old stepped down from his role in charge of the… Continue reading TikTok founder becomes China’s richest man

Loud music banned in Annapurna Conservation Area for trekkers

Kathmandu: In a move to preserve the tranquility of the Annapurna Conservation Area, the National Trust for Nature Conservation (NTNC) has announced a ban on loud music during treks. This decision comes as the region experiences an influx of tourists during the autumn trekking season, deemed ideal for outdoor activities. The NTNC issued a notice… Continue reading Loud music banned in Annapurna Conservation Area for trekkers

Kia introduces world’s first car accessory made using recycled plastic

Kathmadu: Kia Corporation (Kia) has developed the world’s first car accessory made from plastic extracted from the Great Pacific Garbage Patch (GPGP) by The Ocean Cleanup. The announcement of the accessory is a major milestone in its long-term partnership with The Ocean Cleanup. Since 2022, Kia’s support of the non-profit organization, which is dedicated to… Continue reading Kia introduces world’s first car accessory made using recycled plastic

Iphone 16 series officially in Nepali market

Kathmandu: Generation Next Communication Pvt Ltd, the official distributor of iPhones in Nepal, has officially launched the much-anticipated iPhone 16 series. The new lineup boasts state-of-the-art features, including a sleek titanium design, advanced camera capabilities, 4K 120 Dolby Vision support, and the powerful A18 Pro chip. Additionally, the iPhone 16 now comes equipped with Shield… Continue reading Iphone 16 series officially in Nepali market

Traffic police receive 104 smartphones to enhance digital license regulation

Kathmandu: In a significant move to improve traffic management, the traffic police have been provided with 104 smartphones for the regulation of digital driving licenses. The smartphones were handed over by Minister for Physical Infrastructure and Transport (MoPIT), Devendra Dahal, and Minister for Labor, Employment and Transport at Bagmati Province, Prem Bhakta Maharjan, during a… Continue reading Traffic police receive 104 smartphones to enhance digital license regulation