India ed-tech firm Byju’s founder faces reckoning as startup implodes

NEW DELHI — Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test.

The future of Raveendran’s eponymous Byju’s online coaching firm rests with India’s courts after the country’s biggest startup, once loved by global investors who valued it at $22 billion, crashed below $2 billion in valuation.

The 44-year-old founder last week lost control of the company as a tribunal kick-started an insolvency process.

Accused of “financial mismanagement and compliance issues,” the son of a family of teachers from a small village in south India faces a reckoning that will test the ingenuity that made him a poster child for India’s startups.

His formerly high-flying company was eventually brought low when it could not pay $19 million in sponsorship dues to India’s cricket federation, prompting a tribunal to suspend Byju’s board and make Raveendran report to a court-appointed restructuring expert.

An appeals tribunal is expected to hold a hearing on Monday on whether Byju’s insolvency process should be quashed after the former billionaire argued in court his company is solvent and that insolvency could shut it down and cost the jobs of 27,000 staff, including teachers. Insolvency also would not bode well for Byju’s backers, such as Dutch technology investor Prosus.

Raveendran denies the allegations of mismanagement and wrongdoing at his firm, which has in recent months faced lawsuits over unpaid loans and boardroom battles with foreign investors that went public.

Potential insolvency is a dramatic turn of events for an entrepreneur described by one person who has worked with him as an extremely passionate and goal-oriented person who might adopt “an abrasive approach” in a crisis.

Raveendran presented a “suave, nice and polished” image, appearing to heed advice, but “eventually there was a trust deficit,” said another executive who quit last year as a Byju’s senior vice president.

“He said things are improving, don’t worry, we have the money,” the former executive said.

Raveendran and a Byju’s spokesperson did not respond to requests for comment.

Byju’s downfall: ‘Our fair share of mistakes’

An engineer by training, he started Byju’s in 2011 with physical classes after friends urged him to go into teaching.

Raveendran, who aced a premier Indian management exam “with a score of 100 percentile, not once but twice,” according to the company website, started what would become his empire with his wife Divya Gokulnath, 38, a former student of his.

In education-obsessed India, Raveendran hit gold by offering online teaching programs priced from $100 to $300. He got a mammoth boost when the COVID-19 pandemic sent students indoors. At the height of his fame in 2021, he and his wife had a net worth of $4 billion, Forbes reckoned.

Now all that is in tatters.

Behind the reversal of Byju’s meteoric success, say executives and advisers who worked with Raveendran, is that he overruled associates and expanded the business through expensive acquisitions, splurging on marketing and being slow to address problems such as sales agents adopting aggressive tactics to mis-sell courses that damaged the company’s reputation.

With the backing of investors like General Atlantic, Prosus and Facebook founder Mark Zuckerberg’s philanthropy venture, Raveendran spent millions on acquisitions, and the company says it has 150 million students in over 100 countries.

“While growing fast, as I’ve accepted multiple times, we’ve made our fair share of mistakes,” Raveendran told an interviewer last year at the World Economic Forum in Davos.

As he battled crises, the CEO also said decisions to lay off some of its then-50,000 employees and slash branding expenses would help strengthen loss-making Byju’s and turn its cashflow positive.

“Every country needs a Byju’s,” he said.

Iraq to import electricity from Turkey 

Baghdad — Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities aim to diversify the country’s energy sources to ease chronic power outages. 

The 115-kilometer (71-mile) line connects to the Kisik power station west of Mosul and will provide 300 megawatts from Turkey to Iraq’s northern provinces of Nineveh, Salah al-Din and Kirkuk, according to a statement by the prime minister’s office. 

Prime Minister Mohamed Shia al-Sudani said the new line was a “strategic” step to link Iraq with its neighboring countries.  

“The line started operating today,” Ahmed Moussa, spokesperson for the electricity ministry, told AFP. 

Decades of war have left Iraq’s infrastructure in a pitiful state, with power cuts worsening the blistering summer when temperatures often reach 50 Celsius (122 Fahrenheit). 

Many households have just a few hours of electricity per day, and those who can afford it use private generators to keep fridges and air conditioners running. 

Despite its vast oil reserves, Iraq remains dependent on imports to meet its energy needs, especially from neighboring Iran, which regularly cuts supplies. 

Sudani has repeatedly stressed the need for Iraq to diversify energy sources to ease the chronic outages. 

To reduce its dependence on Iranian gas, Baghdad has been exploring several possibilities including imports from Gulf countries. 

The Iraqi government aims “to complete the connection with the Gulf Cooperation Council (GCC) electric grid by the end of this year,” Sudani said Sunday. 

“This will enable Iraq to integrate into the regional energy system,” allowing it to diversify its energy sources, he added. 

In March, a 340-kilometer (210-mile) power line started operating to bring electricity from Jordan to Al-Rutbah in Iraq’s southwest. 

Mayor: Barcelona will raise tourist tax for cruise passengers

Madrid — Barcelona will raise the tourist tax for cruise passengers visiting the city for less than 12 hours, the mayor said in an interview published on Sunday.

Jaume Collboni said the current tourist tax for stopover cruise passengers was 7 euros ($7.61) per day. He did not say by how much the tax would be increased.

“We are going to propose.. substantially increasing the tax for stopover cruise passengers,” he told El Pais newspaper.

“In the case of stopover cruise passengers (less than 12 hours) there is intensive use of public space without any benefit for the city and a feeling of occupation and saturation. We want to have tourism that is respectful of the destination.”

He said tourists, not local tax payers, should pay for local projects like air-conditioning schools.

The proposal will have to be agreed with the Catalan regional government, Collboni said.

In recent weeks, anti-tourism activists have staged protests in popular holiday destinations across Spain, such as Palma de Mallorca, Malaga and the Canary Islands, saying visitors drive up housing costs and lead to residents being unable to afford to live in city centers. 

Another protest is planned in Palma de Mallorca, the capital of the largest Balearic Island on Sunday evening.

Collboni announced last month that the city will bar apartment rentals to tourists by 2028, an unexpectedly drastic move as it seeks to rein in soaring housing costs and make the city liveable for residents.  

India’s battery storage industry grows

BENGALURU, India — At a Coca-Cola factory on the outskirts of Chennai in southern India, a giant battery powers machinery day and night, replacing a diesel-spewing generator. It’s one of just a handful of sites in India powered by electricity stored in batteries, a key component to fast-tracking India’s energy transition away from dirty fuels.   

The country’s lithium ion battery storage industry — which can store electricity generated by wind turbines or solar panels for when the sun isn’t shining or the wind isn’t blowing — makes up just 0.1% of global battery storage systems. But battery storage is growing fast, with around a third of India’s total battery infrastructure coming online just this year.   

“Our orders are growing exponentially,” said Ayush Misra, CEO of Amperehour Energy, the company that installed the batteries at the Chennai factory. “It’s a really exciting time to be a battery storage provider.”   

Businesses invest in industry

India currently has around 100 megawatts of storage capacity from batteries, with another 3.3 gigawatts of clean energy storage coming from hydropower. The Indian government estimates that the country will need about 74 gigawatts of energy storage from batteries, hydropower and nuclear energy by 2032, but experts think the country actually needs closer to double that amount to meet the country’s energy needs. 

Some customers are still wary of using battery technology for storage, and the storage systems can be seen as more expensive than the more commonly used coal. The supply chain of batteries is also concentrated in China, meaning the sector is vulnerable to geopolitical volatility. 

But markets don’t think customers will be hesitant about batteries for long, with major Indian businesses announcing significant investments in the industry.   

In January this year, energy giant Reliance Industries said it will build a 5,000-acre factory in Jamnagar, Gujarat. And in March, Goodenough Energy said it will spend $53 million by 2027 to set up a 20 million kilowatt-hour battery factory in the northern region of Jammu and Kashmir.   

Alexander Hogeveen Rutter, an independent energy analyst based in Bengaluru, said upping storage capacity should be done alongside ramping up renewables. 

“Clean energy combined with adequate storage can be an alternative to coal. Not in the future but right now,” he said. He added that it’s a “myth” that clean energy is more expensive than coal, as current prices of renewable energy combined with storage is cheaper than new coal.   

Global battery costs are declining faster than expected, and experts say that if costs continue to plummet, energy storage systems can better compete with both coal and clean energy sources like hydropower and nuclear energy that can also control their supply to meet demand. 

“Battery storage is now the largest resource to meet California’s evening peak electricity requirements. It’s more than gas, nuclear or coal,” he said. This is being replicated in the U.K., China and even smaller nations like Tonga. “There’s no reason why this can’t happen in India too,” he said.   

India’s energy needs grow

One of India’s unique challenges is that energy needs are growing more rapidly than most nations: the population is increasing and extreme heat fueled by climate change means more and more people are using energy-guzzling air conditioning. India’s electricity demand grew by 7% last year and is expected to grow by at least 6% every year for the next three years, according to the International Energy Agency. 

“The country needs to quadruple its renewable energy deployment just to meet demand growth,” said Hogeveen Rutter. 

Ankit Mittal, co-founder of Sheru, a software company that offers energy storage and management solutions, said that making battery storage sites more flexible can help the industry ramp up quickly.   

Mittal said battery storage sites should be more accessible to the national energy grid, so they can provide electricity to whichever regions need the extra boost of energy most. Currently, battery storage sites in India only power up more local sites.   

To encourage further growth of the battery sector, the Indian government announced last year a $452 million effort to support an additional four gigawatts of battery storage by 2031. But the government also provides subsidies for coal plants, making the electricity generated there a cheaper bet for some utility companies. 

Future government policy could level the playing field. The country is set to announce a new national budget later in July that industry leaders hope will contain incentives for clean energy storage. 

Akshat Singhal, co-founder of the Bengaluru-based battery tech startup Log 9 Materials, thinks that better government support can help the country meet growing energy demands “the right way,” with clean energy. 

“One significant policy change can kickstart the entire ecosystem,” he said. 

Australia warns of ‘malicious websites’ after cyber outage

sydney — Australia’s cyber intelligence agency said on Saturday that “malicious websites and unofficial code” were being released online claiming to aid recovery from Friday’s global digital outage, which hit media, retailers, banks and airlines. 

Australia was one of many countries affected by the outage that caused havoc worldwide after a botched software update from CrowdStrike. 

On Saturday, the Australian Signals Directorate — the country’s cyber intelligence agency — said “a number of malicious websites and unofficial code are being released claiming to help entities recover from the widespread outages caused by the CrowdStrike technical incident.” 

On its website, the agency said its cyber security center “strongly encourages all consumers to source their technical information and updates from official CrowdStrike sources only.” 

Cyber Security Minister Clare O’Neil said on social media platform X on Saturday that Australians should “be on the lookout for possible scams and phishing attempts.” 

CrowdStrike — which previously reached a market cap of about $83 billion — is a major cybersecurity provider, with close to 30,000 subscribers globally. 

How to handle deli meats as CDC investigates listeria outbreak in the US

new york — As U.S. health officials investigate a fatal outbreak of listeria food poisoning, they’re advising people who are pregnant, elderly or have compromised immune systems to avoid eating sliced deli meat unless it’s recooked at home to be steaming hot.

The U.S. Centers for Disease Control and Prevention didn’t mandate a food recall as of early Saturday, because it remains unclear what specific products have been contaminated with the bacteria now blamed for two deaths and 28 hospitalizations across 12 states. This means the contaminated food may still be in circulation, and consumers should consider their personal risk level when consuming deli meats.

Federal health officials warned Friday that the number of illnesses is likely an undercount, because people who recover at home aren’t likely to be tested. For the same reason, the outbreak may have spread wider than the states where listeria infections have been reported, mostly in the Midwest and along the U.S. eastern coast.

The largest number known to get sick — seven — were in New York, according to the CDC. The people who died were from Illinois and New Jersey.

What investigators have learned

Of the people investigators have been able to interview, “89% reported eating meats sliced at a deli, most commonly deli-sliced turkey, liverwurst and ham. Meats were sliced at a variety of supermarket and grocery store delis,” the CDC said.

And samples collected from victims from May 29 to July 5 show the bacteria is closely related genetically.

“This information suggests that meats sliced at the deli are a likely source of this outbreak. However, at this time CDC doesn’t have enough information to say which deli meats are the source of this outbreak,” the agency said in a statement published on its website Friday.

What to expect if you’re infected

Listeria infections typically cause fever, muscle aches and tiredness and may cause stiff neck, confusion, loss of balance and convulsions. Symptoms can occur quickly or to up to 10 weeks after eating contaminated food.

It can be diagnosed by testing bodily fluids, usually blood, and sometimes urine or spinal fluid, according to the Mayo Clinic.

Listeria infections are especially dangerous for people older than 65 and those with weakened immune systems, according to the CDC. Victims of this outbreak ranged in age from 32 to 94, with a median age of 75.

For pregnant people, listeria can increase the risk of miscarriages. One of the victims of the current outbreak was pregnant, but did not have a miscarriage, officials said.

Infections confined to the gut — intestinal listeriosis — can often be treated without antibiotics according to the CDC. For example, people might need extra fluids while experiencing diarrhea.

But when the infection spreads beyond the gut — invasive listeriosis — it’s extremely dangerous and is often treated with antibiotics to mitigate the risk of blood infections and brain inflammation, according to the Mayo Clinic.

What about the meat in your fridge

So far there’s no sign that people are getting sick from prepackaged deli meats. And for at-risk people who already have deli slices in their refrigerator, they can be sanitized by being recooked.

“Refrigeration does not kill Listeria, but reheating before eating will kill any germs that may be on these meats,” the CDC says.

Airlines resume services after global IT crash wreaks havoc

Paris — Airlines were gradually coming back online Saturday after global carriers, banks and financial institutions were thrown into turmoil by one of the biggest IT crashes in recent years, caused by an update to an antivirus program.

Passenger crowds had swelled at airports Friday to wait for news as dozens of flights were canceled and operators struggled to keep services on track, after an update to a program operating on Microsoft Windows crashed systems worldwide.

Multiple U.S. airlines and airports across Asia said they were now resuming operations, with check-in services restored in Hong Kong, South Korea and Thailand, and mostly back to normal in India and Indonesia and at Singapore’s Changi Airport as of Saturday afternoon.

“The check-in systems have come back to normal [at Thailand’s five major airports]. There are no long queues at the airports as we experienced yesterday,” Airports of Thailand President Keerati Kitmanawat told reporters at Don Mueang airport in Bangkok.

Microsoft said the issue began at 1900 GMT on Thursday, affecting Windows users running the CrowdStrike Falcon cybersecurity software.

CrowdStrike said it had rolled out a fix for the problem, and the company’s boss, George Kurtz, told U.S. news channel CNBC he wanted to “personally apologize to every organization, every group and every person who has been impacted.”

It also said it could take a few days to return to normal.

U.S. President Joe Biden’s team was talking to CrowdStrike and those affected by the glitch “and is standing by to provide assistance as needed,” the White House said in a statement.

“Our understanding is that flight operations have resumed across the country, although some congestion remains,” a senior US administration official said.

Other industries

Reports from the Netherlands and Britain suggested health services might have been affected by the disruption, meaning the full impact might not yet be known.

Media companies were also hit, with Britain’s Sky News saying the glitch had ended its Friday morning news broadcasts, and Australia’s ABC similarly reporting major difficulties.

By Saturday, services in Australia had mostly returned to normal, but Sydney Airport was still reporting flight delays.

Australian authorities warned of an increase in scam and phishing attempts following the outage, including people offering to help reboot computers and asking for personal information or credit card details.

Banks in Kenya and Ukraine reported issues with their digital services, while some mobile phone carriers were disrupted and customer services in a number of companies went down.

“The scale of this outage is unprecedented and will no doubt go down in history,” said Junade Ali of Britain’s Institution of Engineering and Technology, adding that the last incident approaching the same scale was in 2017.

 

Flight chaos

While some airports halted all flights, in others airline staff resorted to manual check-ins for passengers, leading to long lines and frustrated travelers.

The U.S. Federal Aviation Administration initially ordered all flights grounded “regardless of destination,” although airlines later said they were reestablishing their services and working through the backlog.

India’s largest airline, Indigo, said operations had been “resolved,” in a statement posted on social media platform X.

“While the outage has been resolved and our systems are back online, we are diligently working to resume normal operations, and we expect this process to extend into the weekend,” the carrier said Saturday.

A passenger told AFP that the situation was returning to normal at Delhi Airport by midnight on Saturday with only slight delays in international flights.

Low-cost carrier AirAsia said it was still trying to get back online and had been “working around the clock toward recovering its departure control systems” after the global outage. It recommended passengers arrive early at airports and be ready for “manual check-in” at airline counters.

Chinese state media said Beijing’s airports had not been affected.

In Europe, major airports, including Berlin’s, which had suspended all flights earlier on Friday, said departures and arrivals were resuming.

‘Common cause’

Companies were left patching up their systems and trying to assess the damage, even as officials tried to tamp down panic by ruling out foul play.

CrowdStrike’s Kurtz said in a statement his teams were “fully mobilized” to help affected customers and “a fix has been deployed.”

But Oli Buckley, a professor at Britain’s Loughborough University, was one of many experts who questioned the ease of rolling out a proper fix.

“While experienced users can implement the workaround, expecting millions to do so is impractical,” he said.

Other experts said the incident should prompt a widespread reconsideration of how reliant societies are on a handful of tech companies for such an array of services.

“We need to be aware that such software can be a common cause of failure for multiple systems at the same time,” said John McDermid, a professor at York University in Britain.

He said infrastructure should be designed “to be resilient against such common cause problems.”

Back to the Moon – Part 2

After the Apollo program ended, the US took a long hiatus from lunar exploration. What happened during this time, and what has NASA been doing? This documentary by the Voice of America’s Russian service focuses on the details of the NASA’s Artemis program and plans to further explore the Moon and Mars.

African aviation conference ends with pledges to improve travel

Yaounde, Cameroon — Participants in Africa-Indian Ocean Aviation Week this week in Libreville, Gabon, say they’ve produced a plan to make continentwide improvements to aviation development and safety.

Some 350 representatives from 180 countries attended AFI Aviation Week, which was organized by the U.N. International Civil Aviation Organization, or ICAO, with the aim of enhancing air travel safety across Africa and the Indian Ocean in the face of climate change and regional terrorism.

Officials from Gabon, Rwanda and Equatorial Guinea said they have agreed to expand fleets and modernize their airports, while Nigeria said it will repair aging infrastructure.

Many participants said it is time for African states to embrace a plan called the Single African Air Transport Market and liberalize civil aviation across the continent by removing restrictions on traffic rights for African airlines.

ICAO Council President Salvatore Sciacchitano was among those who endorsed the idea, saying on Gabon state TV that the continent needs to accelerate the implementation of the market to enhance connectivity.

Sciacchitano expressed his wish for governments and investors to make good use of what he called huge air transport opportunities in Africa to boost trade, create jobs and develop the continent.

The ICAO says that although no attacks on planes have been reported over the past year, terrorism threats in Africa — in countries such as Nigeria, Cameroon and Niger — sometimes cause passengers to rethink their schedules and make some travelers reluctant to fly.

Participants at the conference said Africa recorded no fatalities in commercial aviation accidents during 2023.

Navy Captain Loic Ndinga Moudouma, Gabon’s transport minister, said Gabon, Cameroon and Equatorial Guinea entered an agreement to search and rescue people in distress should an accident or crash occur in parts of the Atlantic Ocean the three states share.

The African Union pointed out that although Africa has a population of close to 1.5 billion people and constitutes about 18% of the world population, Africans account for about 3% of global travel.

The International Air Transport Association reported that despite various challenges, airlines across Africa are expected to earn at least $100 million in profit in 2024, compared with $90 million in 2023.

The conference was the first time Gabon had hosted a major international event since the military coup that ousted longtime leader Ali Ben Bongo last August. Unlike military takeovers in other West African states such as Mali and Niger, the coup on Gabon has been widely accepted.

Widespread technology outage disrupts flights, banks, media outlets and companies around the world

WELLINGTON, New Zealand — A global technology outage grounded flights, knocked banks offline and media outlets off air on Friday in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers.

Cybersecurity firm CrowdStrike said that the issue believed to be behind the outage was not a security incident or cyberattack.

The issue affected Microsoft 365 apps and services, and escalating disruptions continued hours after the technology company said it was gradually fixing it.

The website DownDectector, which tracks user-reported internet outages, recorded growing outages in services at Visa, ADT security and Amazon, and airlines including American Airlines and Delta.

News outlets in Australia reported that airlines, telecommunications providers and banks, and media broadcasters were disrupted as they lost access to computer systems. Airlines in the U.K., Europe and India reported problems and some New Zealand banks said they were offline.

Microsoft 365 posted on X that the company was “working on rerouting the impacted traffic to alternate systems to alleviate impact in a more expedient fashion” and that they were “observing a positive trend in service availability.”

The company did not respond to a request for comment. It did not explain the cause of the outage further.

CrowdStrike CEO George Kurtz posted on social media platform X that the company “is actively working with customers impacted by a defect found in a single content update for Windows hosts.”

He said: “This is not a security incident or cyberattack. The issue has been identified, isolated and a fix has been deployed.”

New Zealand’s acting prime minister, David Seymour, said on X that officials in the country were “moving at pace to understand the potential impacts” of the global problem.

“I have not currently received any reporting to indicate these issues are related to malicious cyber security activity,” Seymour wrote. The issue was causing “inconvenience” for the public and businesses, he added.

Israel’s Cyber Directorate that it was among the places affected by the global outages, attributing them to a problem with Crowdstrike. The outage also hit the country’s post offices and hospitals, according to the ministries of communication and health.

Meanwhile, major disruptions reported by airlines and airports grew.

In the U.S., the FAA said the airlines United, American, Delta and Allegiant had all been grounded. Travelers at Los Angeles International Airport slept on a jetway floor, using backpacks and other luggage for pillows, due to a delayed United flight to Dulles International Airport early on Friday.

Airlines, railways and television stations in the United Kingdom were being disrupted by the computer issues. The budget airline Ryanair, train operators TransPennine Express and Govia Thameslink Railway, as well as broadcaster Sky News are among those affected.

“We’re currently experiencing disruption across the network due to a global third party IT outage which is out of our control,” Ryanair said. “We advise all passengers to arrive at the airport at least three hours before their scheduled departure time.”

Edinburgh Airport said the system outage meant waiting times were longer than usual. London’s Stansted Airport said some airline check-in services were being completed manually, but flights were still operating.

Widespread problems were reported at Australian airports, where lines grew and some passengers were stranded as online check-in services and self-service booths were disabled. Passengers in Melbourne queued for more than an hour to check in, although flights were still operating.

Airline operations in India were disrupted, affecting thousands.

The privately-owned IndiGo airlines told the passengers on X that the Microsoft outage on Friday impacted airline operations in India, inconveniencing thousands of passengers.

Several airlines made statements on X saying that they were following manual check-in and boarding processes and warned of delays due to technical problems.

Hong Kong’s Airport Authority said in a statement that the outage was affecting some airlines at the city’s airport and they had switched to manual check-in.

Amsterdam’s Schiphol Airport said on its website that the outage was having a “major impact on flights” to and from the busy European hub. The outage came on one of the busiest days of the year for the airport, at the start of many people’s summer vacations.

In Germany, Berlin Airport said Friday morning that “due to a technical fault, there will be delays in check-in.” It said that flights were suspended until 10 a.m. (0800GMT), without giving details, German news agency dpa reported.

Zurich Airport, the busiest in Switzerland, suspended landings on Friday morning but said flights headed there that were already in the air were still allowed to land. It said that several airlines, handling agents and other companies at the airport were affected, and that check-in had to be done manually in some cases, but that the airport’s own systems were running.

At Rome’s Leonardo da Vinci airport, some US-bound flights had posted delays, while others were unaffected.

Australia appeared to be severely affected by the issue. Outages reported on the site DownDetector included the banks NAB, Commonwealth and Bendigo, and the airlines Virgin Australia and Qantas, as well as internet and phone providers such as Telstra.

Hospitals in Britain and Germany also reported problems.

Several practices within the National Health Service in England reported that the outage had hit their clinical computer system that contains medical records and is used for scheduling.

“We have no access to patient clinical records so are unable to book appointments or provide information,” Church Lane Surgery in Brighouse in Northern England said on the social media platform X. “This is a national problem and is being worked on as a high priority.”

The NHS did not immediately respond to requests for comment.

In northern Germany, the Schleswig-Holstein University Hospital, which has branches in Kiel and Luebeck, said it had canceled all elective surgery scheduled for Friday, but patient and emergency care were unaffected.

News outlets in Australia — including the ABC and Sky News — were unable to broadcast on their TV and radio channels, and reported sudden shutdowns of Windows-based computers. Some news anchors broadcast live online from dark offices, in front of computers showing “blue screens of death.”

In South Africa, at least one major bank said it was experiencing “nationwide service disruptions” as customers reported they were unable to make payments using their bank cards at grocery stores and gas stations.

The New Zealand banks ASB and Kiwibank said their services were down.

An X user posted a screenshot of an alert from the company Crowdstrike that said the company was aware of “reports of crashes on Windows hosts” related to its Falcon Sensor platform. The alert was posted on a password-protected Crowdstrike site and could not be verified. Crowdstrike did not respond to a request for comment.

China vows to boost economic growth by balancing reform, national security

TAIPEI, TAIWAN — China’s ruling Communist Party concluded a highly anticipated party conclave Thursday, promising to boost economic growth through comprehensive reform while reiterating the importance of maintaining national security.

The Central Committee, in a communique at the end of the four-day, closed-door Third Plenum, laid out reform objectives to be completed by 2029, the 80th anniversary of the People’s Republic of China.

The party’s top decision-making body also vowed to finish “building a high-standard socialist market economy in all respects” by 2035.

“All of this will lay a solid foundation for building China into a great modern socialist country in all respects by the middle of this century,” the communique said.

To achieve these goals, the communique said China must better utilize market mechanisms and double down on efforts to promote “high-quality development,” which includes prioritizing investment in advanced technologies and facilitating growth through technological and scientific innovation.

“We must deepen supply-side structural reform, improve incentive and constraint mechanisms for promoting high-quality development, and strive to create new growth drivers and strengths,” the communique said.

The key political meeting comes as China’s economic growth slowed to 4.7% in this year’s second quarter, prompting banks such as Goldman Sachs to lower their 2024 gross domestic product growth forecast for China from 5.0% to 4.9%.

Meanwhile, China’s property crisis continues as investment in the sector dropped 10.1% in the first six months of this year compared to a year earlier, and consumer confidence remains weak.

To address these challenges, Beijing promised to implement measures to defuse risks in the property sector while improving income distribution, the job market, social security, and the health care system.

“Ensuring and enhancing the people’s well-being in the course of development is one of the major tasks of Chinese modernization,” the communique said.

As local governments across China face mounting debt resulting from the real estate crisis, the communique stressed the need to roll out fiscal and tax reforms and facilitate better integration between cities and the countryside.

“The Party must promote equal exchanges and two-way flows of production factors between the cities and the countryside, so as to narrow the disparities between the two and promote their common prosperity and development,” the statement said.

As foreign investors closely monitor signals coming out of the plenum, the party said it would remain committed to the state policy of “opening to the outside world” and promised to “expand cooperation with other countries.”

“We still steadily expand institutional opening up, deepen the foreign trade structural reform, further reform the management systems for inward and outward investment,” the communique said.

Some analysts say the communique shows that Beijing is focusing on areas critical to China’s national strength, including technology and advanced manufacturing.

“This isn’t Western-style market liberalization; it’s about reinforcing China’s existing strategy,” Lizzi Lee, a fellow on the Chinese economy at the Asia Society Policy Institute’s Center for China Analysis, said in a written response to VOA.

“The document cements Xi’s governance approach and his brand of reform, which focuses on consolidating power rather than adopting new liberal economic paradigms, endures,” she wrote.

Balancing reform and national security

In addition to laying out the long list of reform goals, the communique also highlighted the need for the party to balance development and security.

“We will strengthen the network for preventing and controlling public security risks so as to safeguard social stability [and] improve public opinion guidance and effectively deal with risks in the ideological domain,” it said.

The document also reiterated that the party’s top leadership, especially Xi Jinping, remains the “fundamental guarantee” for deepening reforms.

“We must uphold Comrade Xi Jinping’s core position on the Party Central Committee and in the Party as a whole and uphold the Central Committee’s authority and its centralized, unified leadership,” the communique said.

Some experts say the communique’s emphasis on upholding public security and following the guidance of party leadership shows Beijing is trying to tighten control over efforts to reform China’s troubled economy.  

“Tightening control is at the heart of [Beijing’s] dilemma because in order for the reforms to work, they need to loosen control,” Dexter Roberts, a nonresident senior fellow at Atlantic Council’s Global China Hub, told VOA by phone.

While other specific reforms are expected to be rolled out in other plenum documents in coming days, Lee said she expects consumer spending in China to remain sluggish and that recovery in the property sector remains slow in the short term.

“The prolonged transition period poses significant risks. It could lead to reduced investments and slower economic growth,” she told VOA, adding that the Chinese government will likely use targeted interventions to boost key sectors.

However, some analysts think that Beijing’s state-led economic growth model is unlikely to yield the results the government hopes for.  

“China’s state-led investment, which concentrates resources on areas such as semiconductors and artificial intelligence, is going to take years to pay dividends, and meanwhile, the economy will continue to fail to deliver growth and jobs,” Andrew Collier, managing director of Orient Capital Research in Hong Kong, told VOA in a video interview.  

He said unless the government takes concrete steps to reduce its involvement in economic reforms, the country’s economic downturn could grow worse in coming years. 

China’s Third Plenum does nothing to revive economy, observers say

Taipei, Taiwan — China’s ruling party has concluded the Third Plenum of its 20th Central Committee with a communique described as vague and cliché by China watchers, who said it lacks specific measures to address China’s economic difficulties.

Shi He-ling, an associate professor of economics at Monash Business School at Monash University in Caulfield, Australia, said the communiqué was disappointing and that its writers were completely unthinking.

The 5,000-word communiqué, issued on Thursday, touted the Chinese Communist Party’s achievements in “comprehensively deepening reforms” and said the future will be critical for comprehensively advancing “Chinese-style modernization,” building a strong country and rejuvenating the nation.

Shi said that while Chinese President Xi Jinping has set out a new vision of “Chinese-style modernization” to highlight his differences from previous party leaders, the communiqué does not provide any specific definitions that are measurable.

“It does not make macroeconomic adjustments at all but is like a philosophical article, which is basically a cliché,” Shi told VOA.

In addition to “socialist market mechanisms” and “new quality productivity,” the communiqué stressed that national security is an important foundation for the steady and long-term development of Chinese-style modernization; that the modernization of national defense and the armed forces is an important part of it; and that “party leadership” in particular is the “fundamental guarantee” for promoting this policy.

Yeh Yao-yuan, chairman of the Department of Political Science at the University of St. Thomas in Houston, Texas, said that under the framework of “Xi Thoughts,” it is difficult for the economic exposition of this communiqué to be new.

Even if the “socialist market economic system” is repeatedly touted, it will not be able to reverse China’s economic decline, he said, adding that Xi’s economic reform is in fact “changing things to their old ways.”

These include forcing the private sector to retreat in order to help the state advance and tightening controls over foreign capital, which will hit the market economy hard.

Ming Chu-cheng,  professor emeritus of political science at National Taiwan University in Taipei, offered a similar assessment on Thursday at a seminar in Taiwan.

Xi “is touting the market economy, but what he really pushes is ‘the people retreat and the country advances,’ which is completely opposite to what he says,” Ming said. “I don’t have great hopes for the Third Plenum. Even if you relax the economic restrictions, you will encounter exactly the same problems in another 20 years because politics is choking the economy.”

The communiqué received more than 100 million views on Weibo and made it to the hot search list hours after its release. However, there was hardly any substantive discussion online among Chinese people in the comment areas. Most just reposted and recited some of the communiqué text to express their concerns.

The personnel changes made at the plenum attracted a lot of attention as the CCP officially approved the removal of its former foreign minister, Qin Gang, from its Central Committee.

Qin, who has not been seen in public since last summer, is no longer a member of the Communist Party leadership. He was dismissed as foreign minister in July last year and removed from the post of state councilor three months later.

His resignation from the top body had been accepted. No further details were provided, and the reasons behind Qin’s disappearance remain unclear. He was allegedly investigated for having an extramarital affair, leaking secrets and endangering national security.

The plenum also confirmed the expulsion of former Defense Minister Li Shangfu. Li Yuchao and Sun Jinming of the People’s Liberation Army’s Rocket Force were also removed from the Central Committee.

Many online comments focused on Qin being called “comrade” in the party’s published decision while others were calling Qin’s ousting a “soft landing.”

After the discussion on Qin’s removal became a hot topic, the Weibo accounts of various media outlets seemed to be alerted and comments were concealed.

Chong Ja Ian, an associate professor of political science at the National University of Singapore, said that Beijing dislikes Chinese people arguing online about the CCP’s high-level personnel because comments might call into question the party’s decisions and judgment, especially as Qin was previously Xi’s close confidant and the foreign minister.

“What happened to Qin has not been particularly public so far,” Chong told VOA, “and too many of these discussions [about Qin] will also distract public attention from the economic reform plan the Third Plenum wants to promote.”

Adrianna Zhang, Yang An, Joyce Huang contributed to this story.

US appeals court blocks remainder of Biden’s student debt plan

WASHINGTON — A federal appeals court blocked the implementation of the Biden administration’s student debt relief plan, which would have lowered monthly payments for millions of borrowers.

In a ruling Thursday, the 8th Circuit Court of Appeals granted a motion for an administrative stay filed by a group of Republican-led states seeking to invalidate the administration’s entire student loan forgiveness program. The court’s order prohibits the administration from implementing the parts of the SAVE plan that were not already blocked by lower court rulings.

The ruling comes the same day that the Biden administration announced another round of student loan forgiveness, this time totaling $1.2 billion in forgiveness for roughly 35,000 borrowers who are eligible for the Public Service Loan Forgiveness program.

The PSLF program, which provides relief for teachers, nurses, firefighters and other public servants who make 120 qualifying monthly payments, was originally passed in 2007. But for years, borrowers ran into strict rules and servicer errors that prevented them from having their debt canceled. The Biden administration adjusted some of the program’s rules and retroactively gave many borrowers credits toward their required payments.

Two separate legal challenges to Biden’s SAVE plan have worked their way through the courts.

In June, federal judges in Kansas and Missouri issued separate rulings that blocked much of the administration’s plan to provide a faster path toward loan cancellation and reduce monthly income-based repayment from 10% to 5% of a borrower’s discretionary income. Those injunctions did not affect debt that had already been forgiven.

The 10th Circuit Court of Appeals issued a ruling that allowed the department to proceed with the lowered monthly payments. Thursday’s order from the 8th circuit blocks all aspects of the SAVE plan.

The Education Department said it was reviewing the ruling.

“Our Administration will continue to aggressively defend the SAVE Plan — which has been helping over 8 million borrowers access lower monthly payments, including 4.5 million borrowers who have had a zero-dollar payment each month,” the administration said.

Samsung Galaxy Z Flip6

Your self-expression tool, Galaxy Z Flip6, is more compact and eye-catching, with Galaxy AI and a pro-level 50MP camera.

Processor:

CPU Speed 3.39GHz, 3.1GHz, 2.9GHz, 2.2GHz, CPU Type: Octa-Core;

Display:
Size (Main_Display): 170.3mm (6.7″ full rectangle) / 166.4mm (6.6″ rounded corners)
Resolution (Main Display): 2640 x 1080 (FHD+); Technology (Main Display): Dynamic AMOLED 2X;
Color Depth (Main Display): 16M; Max Refresh Rate (Main Display): 120 Hz; Size (Sub_Display):
86.1mm (3.4″ full rectangle) / 83.2mm (3.3″ rounded corners); Resolution (Sub Display): 720 x 748
Technology (Sub Display): Super AMOLED; Color Depth (Sub Display): 16M;

Camera:
Rear Camera – Resolution (Multiple): 50.0 MP + 12.0 MP, Rear Camera – F Number (Multiple):
F1.8 , F2.2, Rear Camera – Auto Focus: Yes, Rear Camera – OIS: Yes, Rear Camera – Zoom,
Optical quality Zoom 2x (Enabled by Adaptive Pixel sensor) , Digital Zoom up to 10x, Front Camera – Resolution: 10.0 MP, Front Camera – F Number: F2.2, Front Camera – Auto Focus: No, Rear Camera – Flash:
Yes, Video Recording Resolution: UHD 4K (3840 x 2160)@60fps, Slow Motion: 240fps @FHD, 120fps @FHD;

Storage/Memory:
Memory_(GB): 12, Storage (GB): 256, Available Storage (GB): 227.7;

Network/Bearer:
Number of SIM: Dual-SIM, SIM Slot Type: SIM 1 + eSIM / Dual eSIM, Infra: 2G GSM, 3G WCDMA, 4G LTE FDD, 4G LTE TDD, 5G Sub6 FDD, 5G Sub6 TDD, 5G Sub6 SDL, 2G GSM GSM850, GSM900, DCS1800, PCS1900 3G UMTS
B1(2100), B2(1900), B4(AWS), B5(850), B8(900) 4G FDD LTE B1(2100), B2(1900), B3(1800), B4(AWS), B5(850), B7(2600), B8(900), B12(700), B13(700), B17(700), B18(800), B19(800), B20(800), B25(1900), B26(850), B28(700), B32(1500), B66(AWS-3) 4G TDD LTE B38(2600), B39(1900), B40(2300), B41(2500)
5G FDD Sub6 N1(2100), N2(1900), N3(1800), N5(850), N7(2600), N8(900), N12(700), N20(800), N25(1900), N26(850), N28(700), N66(AWS-3) 5G TDD Sub6 N38(2600), N40(2300), N41(2500), N77(3700), N78(3500)
5G SDL Sub6 N75(1500+)

Connectivity:
USB Interface, USB Type-C, USB Version, USB 3.2 Gen 1, Location Technology: GPS, Glonass, Beidou, Galileo, QZSS; Earjack: USB Type-C, MHL: No, Wi-Fi: 802.11a/b/g/n/ac/ax 2.4GHz+5GHz+6GHz, HE160, MIMO, 1024-QAM, Wi-Fi Direct: Yes, Bluetooth Version: Bluetooth v5.3, NFC: Yes, PC Sync. Smart Switch (PC version);

OS: Android;

General Information: Form Factor Flip;

Sensors:
Accelerometer, Barometer, Fingerprint Sensor, Gyro Sensor, Geomagnetic Sensor, Hall Sensor, Light Sensor, Proximity Sensor;

Physical specification:
Dimension (HxWxD, mm): 165.1 x 71.9 x 6.9, Dimension when folded (HxWxD, mm): 85.1 x 71.9 x 14.9,
Weight (g): 187;

Battery:
Internet Usage Time(LTE) (Hours): Up to 19, Internet Usage Time(Wi-Fi) (Hours): Up to 20,
Video Playback Time (Hours, Wireless): Up to 23, Battery Capacity (mAh, Typical): 4000, Removable: No,
Audio Playback Time (Hours, Wireless): Up to 68;

Audio and Video:
Stereo Support: Yes, Video Playing Format: MP4, M4V, 3GP, 3G2, AVI, FLV, MKV, WEBM,
Video Playing Resolution: UHD 8K (7680 x 4320)@60fps, Audio Playing Format: MP3, M4A, 3GA, AAC, OGG, OGA, WAV, AMR, AWB, FLAC, MID, MIDI, XMF, MXMF, IMY, RTTTL, RTX, OTA, DFF, DSF, APE;

Services and Applications:
Gear Support: Galaxy Ring, Galaxy Buds3 Pro, Galaxy Buds2 Pro, Galaxy Buds Pro, Galaxy Buds Live, Galaxy Buds+, Galaxy Buds3, Galaxy Buds2, Galaxy Buds, Galaxy Buds FE, Galaxy Fit3, Galaxy Fit2, Galaxy Fit e, Galaxy Fit, Galaxy Watch FE, Galaxy Watch Ultra, Galaxy Watch7, Galaxy Watch6, Galaxy Watch5, Galaxy Watch4, Galaxy Watch3, Galaxy Watch, Galaxy Watch Active2, Galaxy Watch Active
Samsung DeX Support: No
Bluetooth® Hearing Aid Support: Android Audio Streaming for Hearing Aid(ASHA)
SmartThings Support: Yes
Mobile TV: No

More information here

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Samsung Galaxy Z Fold6

Put PC-like power in your pocket, Galaxy Z Fold6. More powerful than ever with its super-slim, productive, super-charged with Galaxy AI on foldables.

Specification:

Colours: Silver Shadow, Pink, Navy, Crafted Black, White;

Processor: CPU Speed: 3.39GHz, 3.1GHz, 2.9GHz, 2.2GHz, CPU Type: Octa-Core;

Display:
Size (Main_Display): 193.2mm (7.6″ full rectangle) / 192.5mm (7.6″ rounded corners), Resolution (Main Display): 2160 x 1856 (QXGA+), Technology (Main Display): Dynamic AMOLED 2X, Color Depth (Main Display):
16M, Max Refresh Rate (Main Display): 120 Hz, Size (Sub_Display): 158.9mm (6.3″ full rectangle) / 158.1mm (6.2″ rounded corners), Resolution (Sub Display): 968 x 2376 (HD+), Technology (Sub Display): Dynamic AMOLED 2X, Color Depth (Sub Display): 16M;

S Pen Support: Yes;

Camera:
Rear Camera – Resolution (Multiple): 50.0 MP + 12.0 MP + 10.0 MP, Rear Camera – F Number (Multiple):
F1.8 , F2.2 , F2.4, Rear Camera – Auto Focus: Yes, Rear Camera – OIS: Yes, Rear Camera – Zoom,
Optical Zoom 3x, Optical quality Zoom 2x (Enabled by Adaptive Pixel sensor) , Digital Zoom up to 30x
Under Display Camera – Resolution: 4.0 MP, Under Display Camera – F Number: F1.8, Under Display Camera – Auto Focus: No, Under Display Camera – OIS: No, Rear Camera – Flash: Yes, Cover Camera – Resolution:
10.0 MP, Cover Camera – F Number: F2.2, Cover Camera – Auto Focus: No, Video Recording Resolution: UHD 8K (7680 x 4320)@30fps, Slow Motion: 240fps @FHD, 120fps @FHD, 120fps @UHD;

Storage/Memory:
Memory_(GB): 12, Storage (GB): 256, Available Storage (GB): 229.2;

Network/Bearer:
Number of SIM: Dual-SIM, SIM size: Nano-SIM (4FF), Embedded-SIM, SIM Slot Type: SIM 1 + SIM 2 / SIM 1 + eSIM / Dual eSIM, Infra: 2G GSM, 3G WCDMA, 4G LTE FDD, 4G LTE TDD, 5G Sub6 FDD, 5G Sub6 TDD, 5G Sub6 SDL
2G GSM, GSM850, GSM900, DCS1800, PCS1900, 3G UMTS: B1(2100), B2(1900), B4(AWS), B5(850), B8(900)
4G FDD LTE, B1(2100), B2(1900), B3(1800), B4(AWS), B5(850), B7(2600), B8(900), B12(700), B13(700), B17(700), B18(800), B19(800), B20(800), B25(1900), B26(850), B28(700), B32(1500), B66(AWS-3)
4G TDD LTE, B38(2600), B39(1900), B40(2300), B41(2500), 5G FDD Sub6, N1(2100), N2(1900), N3(1800), N5(850), N7(2600), N8(900), N12(700), N20(800), N25(1900), N26(850), N28(700), N66(AWS-3), 5G TDD Sub6
N38(2600), N40(2300), N41(2500), N77(3700), N78(3500), 5G SDL Sub6, N75(1500+);

Connectivity:
USB Interface: USB Type-C, USB Version: USB 3.2 Gen 1, Location Technology: GPS, Glonass, Beidou, Galileo, QZSS, Earjack: USB Type-C, MHL: No, Wi-Fi: 802.11a/b/g/n/ac/ax 2.4GHz+5GHz+6GHz, HE160, MIMO, 1024-QAM, Wi-Fi Direct: Yes, Bluetooth Version: Bluetooth v5.3, NFC: Yes, UWB (Ultra-Wideband): Yes,
PC Sync.: Smart Switch (PC version);

OS: Android;

General Information: Form Factor: Folder;

Sensors:
Accelerometer, Barometer, Fingerprint Sensor, Gyro Sensor, Geomagnetic Sensor, Hall Sensor, Light Sensor, Proximity Sensor;

Physical specification:
Dimension (HxWxD, mm): 153.5 x 132.6 x 5.6, Dimension when folded (HxWxD, mm): 153.5 x 68.1 x 12.1,
Weight (g): 239;

Battery:
Internet Usage Time(LTE) (Hours): Up to 18, Internet Usage Time(Wi-Fi) (Hours): Up to 18, Video Playback Time (Hours, Wireless): Up to 23, Battery Capacity (mAh, Typical): 4400, Removable: No, Audio Playback Time (Hours, Wireless): Up to 77;

Audio and Video:
Stereo Support: Yes, Video Playing Format: MP4, M4V, 3GP, 3G2, AVI, FLV, MKV, WEBM, Video Playing Resolution: UHD 8K (7680 x 4320)@60fps, Audio Playing Format: MP3, M4A, 3GA, AAC, OGG, OGA, WAV, AMR, AWB, FLAC, MID, MIDI, XMF, MXMF, IMY, RTTTL, RTX, OTA, DFF, DSF, APE;

Services and Applications:
Gear Support: Galaxy Ring, Galaxy Buds3 Pro, Galaxy Buds2 Pro, Galaxy Buds Pro, Galaxy Buds Live, Galaxy Buds+, Galaxy Buds3, Galaxy Buds2, Galaxy Buds, Galaxy Buds FE, Galaxy Fit3, Galaxy Fit2, Galaxy Fit e, Galaxy Fit, Galaxy Watch FE, Galaxy Watch Ultra, Galaxy Watch7, Galaxy Watch6, Galaxy Watch5, Galaxy Watch4, Galaxy Watch3, Galaxy Watch, Galaxy Watch Active2, Galaxy Watch Active,
Samsung DeX Support: Yes, Bluetooth® Hearing Aid Support: Android Audio Streaming for Hearing Aid(ASHA)
SmartThings Support: Yes, Mobile TV: No.

More information here

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Recent outages highlight need for stronger African internet

Nairobi, Kenya — Experts say Africa needs to invest in robust infrastructure if the continent is to have reliable internet after recent outages due to underwater cable failures highlighted the continent’s reliance on single-path connectivity.

Disruptions in March and May caused online banking problems and communication delays. Businesses experienced interruptions in many countries.

In March, on the Atlantic coast of West Africa, four submarine cables that deliver the internet to at least 17 countries went offline.

Less than two months later, Eastern and Southern Africa experienced outages after two undersea cables were damaged. In Tanzania, the U.S. Embassy in Dar es Salaam closed for two days due to the disruption.

Ben Gumo, a Kenyan who relies on the internet to sell clothes, shoes and children’s wares, said he lost business during the May disruption.

“Someone … puts stuff in the [online] basket, but because of the outage he cannot complete the sale, so he cancels,” Gumo said, adding that he couldn’t update his website with new products.

According to the telecommunications research company Telegeography, over 100 cable cuts occur globally each year. Experts blame undersea volcanic activity, rock falls, recent rainfall and currents in rivers that are much stronger than when some of the cables were built.

Manmade activities also cause disruptions. According to one report, a ship was attacked in the Red Sea and drifted, its anchor pulling up three underwater cables.

Mike Last works with the West Indian Ocean Cable Company, which operates in 20 African countries and has built 36 data centers. He said recent disruptions prompted government officials and businesspeople to recognize the need for better internet infrastructure.

“What it made people realize is that you have to invest in a reliable network, you have to invest in redundancy,” Last said, meaning that internet service is provided by more than one source. “We’ve seen a real boom in clients coming to us wanting connectivity on the new subsea systems.”

Some countries can stay online when one internet source is cut off, although service is often slow and not stable, because service providers and telecommunication carriers invested in more than one international connection.

According to the World Bank, sub-Saharan Africa’s digital infrastructure coverage, access and quality are far behind those of other regions.

However, Africa is embracing the digital future. According to the Submarine Cable Networks, 37 countries have at least one subsea cable connection, and 20 countries have more than two subsea cables.

Last said cables planned by Google and Meta will improve connectivity.

One of the new cables, he said, has a high capacity. Another new cable — named 2Africa and led by Meta, the parent company of Facebook — is being built all the way around Africa.

“It brings a lot of capacity to Africa, and that will help,” Last said.

Experts warn that disparities in connectivity across Africa are expected, but that the development of infrastructure, government policies and private sector investments can accelerate growth.

China singles out Danish, Dutch, Spanish firms in anti-dumping probe into EU pork