Search results for "ban"

Bitcoin will unite the world, Twitter’s CEO says

Twitter co-founder and CEO Jack Dorsey, took to his personal account to tweet a cryptic message about Bitcoin, suggesting that the cryptocurrency will be behind the unity of the country, and eventually the world itself.  Vagueness shrouds Dorsey’s optimism about Bitcoin’s power leaving many of his followers bewildered of his stance.  However, it doesn’t take two to figure out that the country in […]

Safaricom will offer mobile money services in Ethiopia

Ethiopia will allow the Safaricom-led consortium to offer mobile money services throughout the country, signaling the end of Ethio Telecom’s monopoly over the service, local media reported late last week.   This step follows the government’s announcement earlier last week of re-opening bidding on second operator license including the right to operate mobile financial services.  Previously, any new entrant was barred from offering any mobile money based […]

China upholds Canadian's death sentence as Huawei case looms

A Chinese court on Tuesday rejected a Canadian drug convict’s appeal of a death sentence in what appeared to be an effort to step up pressure on Canada to release a detained executive of tech giant Huawei. The Canadian government condemned the ruling and appealed to China to grant clemency to Robert Schellenberg. His sentence […]

MTN backs out of Ethiopia, as it renews operating license in Rwanda

South Africa’s MTN have expressed their unlikeliness to resubmit a bid to enter Ethiopia’s telecoms market, Bloomberg reported citing sources familiar with the matter.   The company’s possible move, came after Ethiopia announced earlier this week plans to re-open bidding on second operator license including the right to operate mobile financial services.  This comes as a surprise to many, as […]

Bill Gates speaks up about his questionable past

In an aired television interview with CNN journalist Anderson Cooper, the Microsoft founder admitted that spending time with the notorious convicted sex offender Jeffrey Epstein as a “huge mistake.”  The interview on Wednesday touched up on several controversial topics, including Gate’s alleged workplace sexual misconducts at Microsoft and the future of the Bill and Melinda Gates Foundation, a nonprofit organization founded in collaboration with his […]

Apple to scan U.S. iPhones for images of child sexual abuse

Apple unveiled plans to scan U.S. iPhones for images of child sexual abuse, drawing applause from child protection groups but raising concern among some security researchers that the system could be misused, including by governments looking to surveil their citizens. The tool designed to detected known images of child sexual abuse, called “neuralMatch,” will scan […]

Canadian justice lawyer: US didn't mislead in Huawei arrest

There is no evidence to support defense allegations the U.S. acted in bad faith or omitted evidence in an attempt to mislead an extradition hearing for a top executive at Chinese communications giant Huawei Technologies, a Canadian government lawyer said Thursday. The argument came in a hearing for Meng Wanzhou, who is Huawei’s chief financial […]

Pico plans to go public in a $1.75 billion deal following merger

Special-purpose acquisition company Athena Acquisition Corp. announced on Wednesday, alongside technology service provider Pico, definitive merger plans amounting to $1.75 billion. Pico Quantitative Trading – solutions provider to the financial market community – agrees to a merger with blank-check company Athena Acquisition, led by former The Bancorp CEO Betsy Cohen. The deal is set to […]

Global 5G infrastructure revenue to reach $19.1 billion in 2021

Worldwide 5G infrastructure revenue is expected to grow by 39 percent reaching $19.1 billion in 2021, up from $13.7 billion last year, according to a report published on Wednesday by U.S.- based research and advisory company, Gartner.   The report revealed that communications service providers (CSPs) in mature markets enhanced 5G development in 2020 and 2021, citing the pandemic as a reason for this increase.  “The COVID-19 pandemic spiked demand for optimized and ultrafast broadband connectivity to […]

Kids and cars: Today's teens in no rush to start driving

Michael Andretti has a 21-year-old son with zero interest in obtaining a driver’s license. Rideshare apps get him where he wants to go. In New Jersey, the 16-year-old daughter of a local short track racer took a five-minute driving lesson on a golf cart through their yard before turning over the keys. “That’s it, I’m […]