After a weekend turmoil which hit the crypto market with a sharp and sudden plunge, Bitcoin rose 1.5 percent in early Asia on Tuesday, but many crypto traders remained on edge. The crypto fell as much as 22 percent to just under $42,000 on Saturday on a combination of profit-taking and macro-economic concerns, however, it […]
Karim Husami
Journalist for 8 years in print media, with a bachelor degree in Political Science and International Affairs. Masters in Media communications.
In a surprise move, Samsung Electronics announced a restructuring of its management with several changes to leadership, replacing heads of its three major business units and merged the company’s mobile and consumer electronics businesses into a single entity, according to a statement by the company. As such, the restructuring leaves two co-CEOs over the world’s […]
Songwriters get paid royalties for their written work, however, comedians don’t, therefore, the latter is hoping to change that, especially considering the popularity of their content on digital platforms. As such, Spotify removed the work of hundreds of comedians, including big names such as John Mulaney, Jim Gaffigan, and Kevin Hart, the Wall Street Journal […]
China Telecom Americas will be forced to leave the U.S. market by early January, following a ban issued in October, after it lost the bid to appeal against the revocation of its license. As such, the U.S. Court of Appeals for the District of Columbia Circuit denied China Telecom emergency motion to pause a Federal […]
Hackers stole an estimated $120 million worth of Bitcoin and Ether assets from Badger, a decentralized finance (DeFi) platform that allows users to borrow, loan, and speculate on cryptocurrency price variations. An investigation is still ongoing, while members of the Badger team have told users that they believe the issue came from someone inserting a […]
Despite the increase in connectivity during the COVID-19 pandemic, around 2.9 billion people still have never used the internet, and 96 percent of them live in developing countries, a new UN report has found. According to the International Telecommunication Union (ITU), the estimated number of people who have gone online this year actually went up, […]
Another 3,465 state-backed accounts were removed by Twitter, as part of efforts to limit the influence of information manipulation campaigns on the web. “Every account and piece of content associated with these operations has been permanently removed from the service,” Twitter said. As such, what was revealed while listing out the operations is that the […]
In an unprecedented move, police have arrested 1,003 individuals across 22 jurisdictions in the last few months as part of an Interpol-coordinated operation against online financial crimes, including business email compromise (BEC) scams. “Far from the common notion of online fraud as a relatively low-level and low stakes type of criminality, the results of Operation […]
Qualcomm announced the launch of its Snapdragon G3x Gen 1 chipset, after years of expanding its chip development to cover laptops and PCs. In principle, the chipset is designed as a dedicated mobile gaming processor, having Qualcomm combine its connectivity specialties and its mobile processing expertise, but strictly for people to play mobile video games […]
MTN Nigeria kicked off its IPO for retail investors, placing 575 million of its shares up for grab, capped at $0.41 per share, according to the operator. As such, MTN Group President and CEO Ralph Mupita said: “With this offer, we will contribute to the further deepening of Nigeria’s equity capital markets. It is the […]