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MTN Uganda sets East Africa’s biggest IPO

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), […]

DOJ empowers False Claims Act, Federal contractors’ cybersecurity threat

U.S. Department of Justice (DOJ) disclosed on Wednesday intentions of implementing the False Claims Act as an additional measure to follow-up on cybersecurity cases intertwined with federal contractors playing a role in exposing the country’s security ecosystem to cybersecurity threats. Deputy Attorney General Lisa O. Monaco introduced this week the Civil Cyber-Fraud Initiative that will […]

In California, some buy machines that make water out of air

The machine Ted Bowman helped design can make water out of the air, and in parched California, some homeowners are already buying the pricey devices. The air-to-water systems work like air conditioners by using coils to chill air, then collect water drops in a basin. “Our motto is, water from air isn’t magic, it’s science, […]

Facebook, WhatsApp, Instagram suffer worldwide outage

Facebook and its Instagram and WhatsApp platforms are back online after a massive global outage plunged the services and the businesses and people who rely on them into chaos for hours. Facebook said late Monday that “the root cause of this outage was a faulty configuration change” and that there is “no evidence that user […]

Africa internet riches plundered, contested by China broker

Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, some fraudulently, including through insider machinations linked to a former top employee of the nonprofit that assigns the continent’s addresses. Instead of serving Africa’s internet development, many […]

How to backup computer to iCloud

Having the option to backup computer to iCloud to save data is one click away, as backing up files delivers a go-to easy way to ensure the safety of any data users seek to preserve while securing their privacy. Managing continuous backups from iCloud PC is one of the most vital methods of anchoring documents, […]

Microsoft’s CEO says trying to buy TikTok was “the strangest thing”

During an interview with journalist Kara Swisher at the Code conference, Microsoft’s CEO Satya Nadella came forward with new information regarding the negotiations that happened while trying to acquire TikTok.  “It was the strangest thing I’ve ever worked on,” Nadella Said, describing his attempt to save the TikTok app in the U.S. and elsewhere after Donald Trump’s administration threatened to ban it.  If you haven’t heard about Trump’s efforts in banning TikTok from the […]

CEO of Epic speaks up on NFTs

If you were hoping to see Fortnite NFTs some time in the near future, we have some bad news for you.  Earlier this week, Tim Sweeney, CEO of Epic Games tweeted that the company won’t be diving into the NFT world, as Sweeney believes the space’s problem with scams and hacks will act as a huge barrier.  After the tweet caught […]

California’s new law will force Amazon to change its labor practices

Amazon’s labor practices might witness a complete alteration, as California has become the first state to sign a bill that targets working conditions for warehouse employees, similar to those for Amazon and other major retail firms. As a response to the number of reported injuries at Amazon’s warehouses where productivity expectations are unrealistically enforced, California’s […]

US govt to probe Zoom's $14.7B Five9 deal for natsec risks

A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal “to determine whether this application poses a risk to […]