East Africa’s largest telecom operator, MTN Uganda, announced on Monday its initial public offering (IPO) news of selling a 20 percent stake of 4.5 billion shares, setting the stage for the country’s largest IPO to date for the region’s leading telco. The operator’s IPO valuation was approved by the Capital Markets Authority of Uganda (CMA), […]
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Once more, Epic Games comes across another counterattack from a Big Tech player, Google. The search engine giant countersued on Monday the gaming firm under allegations of violating its contract by welcoming an additional payment system to overtake the Play Store’s payment systems and its 30 percent in-app purchase commission. To those who do not […]
The massive Facebook outage last week definitely took us all by surprise. However, the tech giant is working on ensuring that won’t happen again, as it’s currently building in-app notifications that will alert users to “temporary issues” like outages or other technical difficulties. The notifications will be visible in users’ home page. The notifications are there to specifically alert users about app bugs and issues, such as Story uploads not working or large-scale outages. Before you frown at […]
Cryptocurrency intelligence company Elliptic revealed Monday that the company raised $60 million in a Series C financing round from a multitude of strategic investors, including SoftBank, to expedite its blockchain research and development (R&D). The panel of investors included financial service company, Wells Fargo Strategic Capital, in addition to numerous investors welcoming crypto and similar […]
“Risk is our business,” James T. Kirk once said. “That’s what this starship is all about. That’s why we’re aboard her.” More than a half-century later, the performer who breathed life into the fabled Enterprise captain is, at age 90, making that kind of risk his own business and heading toward the stars under dramatically […]
Amazon said Monday it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when necessary. The new policy was announced in a blog post and is a change from Amazon’s previous expectation that most employees would need to be in the office at […]
Top science advisers to President Joe Biden are calling for a new “bill of rights” to guard against powerful new artificial intelligence technology. The White House’s Office of Science and Technology Policy on Friday launched a fact-finding mission to look at facial recognition and other biometric tools used to identify people or assess their emotional […]
Chinese computer manufacturer Lenovo Group suffered a 17 percent drop in stock value on Monday, following the company’s move to extract its application of a $2.1 billion listing in Hong Kong trading. The Hong Kong-based manufacturer announced the withdrawal news days after the application was accepted by the Shanghai Star Market. The company’s shares plunged […]
Qatar has exceeded its own expectations within its telecom sector, as it takes in further expanding data demands imposed on local telcos throughout the pandemic, resulting in a shift to empower telecom services. Both in-house telcos Vodafone Qatar and Ooredoo Qatar migrated their infrastructures to 5G networks due to the expanded global availability of LTE […]
In response to the severe backlash Instagram has received over its negative impact on teens, parent company Facebook announced a new set of features in hopes of putting the issue to bed. Facebook vice president of global affairs Nick Clegg said during an interview with CNN State of the Union show that Facebook is going to “introduce something which I think will make a considerable difference, […]