Sunday, September 24 — 4 significant news stories

iPhone 12's French ban, global rate-halt signals, Apple security scramble, China's property glut

Today ChatGPT read 1024 top news stories. After removing previously covered events, there are 4 articles with a significance score over 7.

[7.6] iPhone 12 banned in France for exceeding radiation limits. — WIRED

The iPhone 12 has been banned in France after failing radiation testing conducted by the Agence Nationale des Fréquences. The testing found that the iPhone 12 emitted radiation levels above the permitted maximum, with a measurement of 5.74 W/kg compared to the limit of 4 W/kg for the 0-mm distance test.

[7.4] Global central banks signal end of interest rate hikes amid economic slowdown. — Financial Times

Central banks around the world are increasingly signaling that the era of interest rate hikes is coming to an end, as evidence of a global economic slowdown mounts. This week, central banks in the US, UK, Japan, and Switzerland all decided to keep rates on hold, with many economists now expecting more rate cuts than hikes in the next quarter. The change in attitude comes as inflation slows in many countries and economic activity weakens.

[7.4] Zero-day attack targets Egyptian politician, prompts Apple security update. — The Washington Post

Google and the University of Toronto's Citizen Lab have discovered a previously unknown "zero-day" attack targeting an Egyptian opposition politician, Ahmed Eltantawy, in an attempt to infect his iPhone with Predator spyware. The attack, believed to be orchestrated by the Egyptian government, prompted Apple to release a security update to users. Zero-day exploits are highly valuable as they take advantage of undiscovered security gaps, and the discovery of this exploit prompted Apple to push a security update to users.

[7.4] China's property market faces oversupply despite large population. — Reuters

China's property market continues to struggle, with a former official stating that even the country's population of 1.4 billion would not be enough to fill all the empty apartments. As of the end of August, the combined floor area of unsold homes stood at 648 million square meters, equivalent to 7.2 million homes. This does not include residential projects that have been sold but not completed or vacant homes purchased by speculators.

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Thanks for reading us and see you tomorrow,

Vadim

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