Facebook founder Mark Zuckerberg has come to congress today with a clear vision – that Apple and Google could play a bigger role in keeping children off platforms or ensuring they have age appropriate experiences on social apps. Zuckerberg says Apple and Google’s app stores could be the “easiest” and “right” place to check the age of child users or let parents ...
Read More »TECHNOLOGY
Inflation to average 18% in 2024 – Fitch Solution
Inflation will ease throughout 2024 averaging 18% in 2024, Fitch Solutions has predicted. It insists the easing inflation will force the Bank of Ghana to cut the policy rate by 800 basis points this year. It disclosed this in its January 2024 Sub Saharan Africa Quarterly Update. This will be almost in line with the Bank of Ghana’s projection of ...
Read More »Elon Musk: Judge blocks ‘unfathomable’ $56bn Tesla pay deal
A judge in the US state of Delaware has annulled a $55.8bn (£44bn) pay deal awarded to Elon Musk in 2018 by the electric car company Tesla. The lawsuit was filed by a shareholder who argued that it was an overpayment. Judge Kathaleen McCormick called the compensation “an unfathomable sum” that was not fair to shareholders. In a post on ...
Read More »Google to train 20,000 Nigerians in digital skills
Google intends to train 20,000 Nigerian youth, mostly women in digital skills and provide a grant of 1.2 billion naira ($1.6 million) to help the government’s create one million digital jobs in the country, its Africa executives announced on Tuesday. Nigeria plans to create digital jobs for its teeming youth population, Vice President Kashim Shettima told Google Africa executives during ...
Read More »MTN Group delivers resilient results, makes progress on execution of Ambition 2025 strategy
In the first half of 2023, MTN Group delivered resilient results, advanced its strategy by partnering with Mastercard on the MTN fintech business, and progressed plans to exit Afghanistan. This was achieved in a difficult operating environment marked by elevated inflation, weaker local currencies and regulatory developments across our 19 markets, the telecommunications company said in a statement. “We delivered ...
Read More »Mark Zuckerberg calls off Elon Musk cage match: ‘If Elon ever gets serious … he knows how to reach me’
Mark Zuckerberg is tired of waiting around for his cage match with Elon Musk. Less than two months after eagerly taking up the Tesla executive’s challenge, Zuckerberg has called off the bout. The martial arts-loving Facebook co-founder on Sunday accused Musk of not being serious about the challenge and said “it’s time to move on.” “I offered a real date. ...
Read More »Zoom orders workers back to the office
Zoom, the video communications company whose name became synonymous with remote work during the pandemic, has ordered staff back to the office. The firm said it believed a “structured hybrid approach” was most effective and people living within 50 miles (80km) of an office should work in person at least twice a week. It is the latest push by a ...
Read More »Kenya suspends Worldcoin cryptocurrency, data protection probe
Kenya announced on Wednesday that it was suspending the Worldcoin cryptocurrency, whose verification system is based on iris recognition, pending the outcome of investigations into “the security and protection of data” collected by the company. Launched at the end of June in Germany by OpenAI boss Sam Altman, the Worldcoin system is also under investigation by European regulators, notably in ...
Read More »Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
Apple (AAPL.O) is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. The world’s most valuable firm will wrap up Big Tech earnings on Thursday, with ...
Read More »WhatsApp group admin sued for ejecting member without consent; Court orders his return to group
Reports say a Ugandan man identified as Herbert Baitwababo breathed a sigh of relief after a court ordered for his return to a WhatsApp group. This was after the WhatsApp admin ejected him from the group for asking questions in relation to how finances of the group were being handled. The court had ordered for his return to the WhatsApp ...
Read More »