Going to the gym was always part of Kari Hamra’s routine until last year’s government-ordered shutdowns forced her to replace the workouts with daily rides on her Peloton stationary bike. That’s when she discovered something surprising — she did not miss the gym. At least not the driving back and forth, filling water bottles, changing […]
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Amidst Washington’s deadlock with Beijing, China Telecom may potentially elevate its Shanghai’s initial public offering (IPO) to more than $8 billion leading to its biggest offering this year in the Shanghai Stock Exchange, following the firm’s delisting in its New York counterpart (NYSE) in January. Following Chinese media reports, the Beijing-based firm established its IPO at $0.70 per share, inflating the firm’s worth […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]