Here are today’s Top 5 News & Events from Around the World. Take a look!
PayPal First Foreign Payment Service In China
PayPal has announced that it has received the license to operate in China and is the first foreign firm to do so. The online payment giant was able to do this by purchasing a 70% stake in a local firm Guofubao Information Technology Company (GoPay). According to reports, more such foreign firms are likely to enter China after a ruling that allowed for foreign firms to enter this sector. Link
PlayStation Studio Chairman Resigns
The PlayStation Studio’s chairman, Shawn Layden has stepped down from his post. He was instrumental in the building of this company for over 30 years. Shawn was one of the iconic personalities for PlayStation. He was generally the one who would do some major presentations at big events and seminars. Link.
Twitter’s Right Step In The Right Direction, Launches Anti-Abuse Filter
Twitter has announced its latest feature that will allow users to filter out abusive messages. The latest feature will be available on iOS, Android, and Web Apps. Link.
Ex-Yahoo Engineer Admits That He Hacked Thousands Of Accounts
Ex-Yahoo engineer has pleaded guilty for hacking into Yahoo users’ account with his work access. According to the procecutors he branched out to other social media platforms such as Facebook and Google. The former engineer might face up to five years in prison and a fine of $2,50,000. Link.
Could Virtual Reality Cure PTSD?
According to an Iraq war veteran, virtual reality has helped him to cope with Post Traumatic Personality Disorder (PTSD). The war veteran joined the forces when he was 18 and returned in 2004. Since then he has not been able to overcome PTSD through traditional medication. A virtual reality treatment called 3MDR has been able to reduce the impact of the disease. All 42 veterans who participated in this test felt that it helped.