Kenyan tech-led consumer credit platform, Lipa Later, announced plans to reach different frontiers by widening its horizon to reach new markets in Africa, and be endorsed by a $12 million pre-Series A funding. Steered by Cauris Finance, Lateral Frontiers VC – one of the platform’s first investors – and GreenHouse Capital, the equity and debt funding round was also […]
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Asian shares took a beating on Friday after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions. Fed Governor Lael Brainard became the latest and most senior U.S. central banker on Thursday to signal that […]
France based -cloud provider OVHcloud generated revenues of $200 million for the fiscal quarter that ended on 30 November, up 13.9 percent year-on-year on a reported basis. After the growth rate reached 13.5 percent when excluding the impact of the fire incident at OVHcloud’s data center in Strasbourg and adjusting for scope/currency movements, the company said that its performance met expectations […]
On Wednesday, the United Arab Emirates (UAE) was struck with its Microsoft Outlook services outage. Several users went to social media platforms to shine a light on the events taking place, complaining that they could not access their emails, either by web or mobile browsers. The Big Tech titan was tagged in almost every post, […]
Apple Inc is joining the race of pursuing its ambitions in what could be the next big thing, the metaverse, reaping the benefits of the hype emulating from the digital alternate reality. According to investors and analysts, the iOS developer is marking its presence in the next monumental project for tech giants. Apple has been […]
The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics. The FAA has been in talks with airplane makers, airlines and wireless carriers to reduce the impact of new wireless service set to begin on Jan. 19. The […]
U.S. stock index futures edged higher on Wednesday, with investors bracing for consumer prices data that is expected to show an almost four-decade high in December, while big technology stocks bounced after a bruising selloff at the start of the year. Growth and technology stocks, hit by rising Treasury yields and hawkish commentary from the […]
Metaverse property is basically an NFT. We cover what NFTs are in greater detail here, but essentially, they are unique, blockchain verified lines of code that represent a person’s ownership of something in a given blockchain. Most commonly, the Ethereum blockchain. Behind the inflammatory headlines, exclamation marks, and the open mouth face clutching YouTube thumbnails, what is […]
After COVID-19 pandemic took over, the world was never the same, and the same goes for the existential dilemma the world is facing when it comes to greenhouse gas emissions; despite President Joe Biden’s climate pledges, the U.S. is drifting from reaching its climate goals. A preliminary analysis by research firm, Rhodium Group, uncovered that the world’s largest […]
Canadian wireless giant Rogers Communications Inc said on Monday it had appointed Tony Staffieri as president and chief executive officer from interim CEO, following a months-long boardroom battle on who should lead the company. The dispute began after company Chairman Edward Rogers, the only son of the company’s late founder Ted Rogers, attempted to drop […]