The Saudi Telecom Company is in discussion to reduce the offer to buy a 55% stake in Vodafone Egypt for $2.39 billion. STC’s approach for the non-binding offer was made for the first time in January 2020. The memorandum of understanding initially signed on January 29, 2020, was extended for a period of 90 and […]
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The Chinese telecom giants have been looking for a sustainable growth market after being banned from operating in different countries. However, the US sanctions on Huawei have contributed to boosting the presence of other companies in the market. The Chinese smartphone maker Oppo – considered the world’s fifth largest smartphone vendor – aims to grow […]
SAN RAMON, Calif. (AP) — A new Netflix documentary is setting out to expose technology’s corrosive effects on society during a pandemic that’s left people more dependent than ever on tools that keep them connected with friends, family and colleagues they can no longer meet in person. So the timing for Wednesday’s release of “The […]
The Nigerian telecom industry is expected to see significant improvements in the next five years, according to Umar Garba Danbatta, Nigerian Communication (NCC) Chief Executive. The CEO states that there will be mass deployments of 4G networks across Nigeria. Moreover, there is a plan to reduce the cost of mobile data steadily from the current […]
Since the start of the COVID-19 pandemic, people have been clamoring for technology solutions to help mitigate the spread of the virus until a vaccine is out. Enthusiasm and investment in technology was probably the best move we could have made, but not all tech solutions are made equal. Contact tracing technology may not be […]
On September 7, 2020, the Canadian telecom giant Rogers Telecommunications announced that it has launched Rogers 5G network in over 50 new cities and towns in the country. The telecom operator announced it will reach a total of more than 60 markets by the end of 2020. The company is deploying the 5G network in 26 […]
Banks and fintech are collaborating together aiming to combat deepfake video and audio content generated by fraudsters. This type of fraudulent activity takes image manipulation to the next level by using Artificial Intelligence (AI) to produce fake audio and videos. Face-swap videos and voice cloning are the best-known types of deepfake which are used to […]
Bracing for a contentious election with no immediate results and possible “civil unrest,” Facebook is enacting a host of measures to ensure its platform is not used to sow chaos and spread misinformation before, during and after the U.S. presidential election. But it’s not clear the changes are enough. The company said Thursday it will […]
Founded in the US and led by an experienced Africa-centric team, the new African fintech Makeba announced it has exceeded the intended minimum raise goal. With an initial value of $30 million, the company brought $200.000 during the crowdfunding campaign. Interested individuals were allowed to invest in Makeba for as little as $240 through Wefunder […]
NEW YORK (AP) — A Zoom call has become an integral part of daily life during the coronavirus pandemic. On Tuesday, Wall Street acknowledged as much by boosting the videoconferencing company’s market value above that of more established companies such as Citigroup, Boeing and Starbucks. Zoom shares rose 40.8% to $457.69, pushing its market value […]