In June, Apple surpassed the $3 trillion valuation for the first time, and then briefly touched that mark again during intraday trading in December 2022. The company’s stock reached all-time highs on July 31, securing Apple’s spot as the most valuable publicly traded U.S. company. This milestone testifies to Apple’s…
Author: Tapiwa Matthew Mutisi
On Tuesday, Bitcoin continues its positive surge, breaking the $44,000 ceiling for the first time since April 2022, indicating its further upward momentum. The cost of Bitcoin most recently increased by over 4% to $43,794.99, per Coin Metrics, effectively broadening its preceding day’s winnings, coinciding with the growing interest for…
Amid rapidly evolving AI developments and growing safety concerns, IBM and Meta have launched an industry-centric solution known as the AI Alliance. The Alliance aims to cultivate an open community that empowers developers and researchers to expedite responsible and trustworthy AI innovation, while ensuring scientific rigor, safety, security, diversity, and…
Starting mid-December, Meta will eliminate a feature allowing users to chat with Facebook friends via Instagram. The company introduced this cross-platform integration in 2020, but it did not provide a specific reason for the removal. However, 9to5Google suggests that avoiding regulatory repercussions in the EU could be a plausible reason.…
Mtor, an Egyptian online marketplace for auto parts, has secured $2.8 million in pre-seed funding led by Algebra Ventures, a venture capital firm with a focus on Egypt. The round also saw participation from Dutch Founders Fund (DFF), Aditum Ventures, LoftyInc Capital, and various other local and international angel investors,…
The Kenyan government, through the Communication Authority (CA), has revealed plans to implement Device Management Systems (DMS) on mobile phones to fight against counterfeit devices and deter theft. Eliud Owalo, the ICT Cabinet Secretary, made this announcement at the Senate ICT Committee meeting in Nairobi. He expressed that the DMS…
In August, Meta introduced its comprehensive AI translation model, SeamlessM4T, that facilitates translation in around 100 languages for text and 36 for speech. Boosting this tool with an upgraded “v2” architecture, Meta seeks to make conversational translations more spontaneous and expressive, a factor essential to genuine cross-language conversations. The first…
OpenAI is reportedly delaying the launch of its GPT Store until early 2024, as per an email viewed by The Verge. The company unveiled its GPT Builder tool at its inaugural developer conference in November, providing subscribers with a simple method to create custom AI bots. OpenAI also announced it…
Google has postponed its anticipated Gemini launch events — which were initially scheduled for the next week — with the new release date for its GPT-4 competitor set in January, as reported by The Information. The company first introduced Gemini at the I/O 2023 event as a fundamental model boasting…
Walmart, America’s largest employer and revenue-generating company, has decided to withdraw its advertisements from the platform now known as X, formerly Twitter, as reported to Reuters on Friday. This decision comes after the platform’s owner, Elon Musk, endorsed and spread antisemitic posts while simultaneously and publicly criticizing departing advertisers. “We…
As an unexpected revelation before the holidays, Spotify’s CEO, Daniel Ek, announced in a corporate press statement that the company would be reducing its workforce by 17 percent. He attributes the dismissals to the “forthcoming challenges”, choosing to implement them at once rather than executing smaller cutbacks over a period.…
London-based fintech and payment solution, Verto, has reached an agreement with the United Bank of Africa (UBA). The partnership aims to provide a platform for financial transactions catering to entrepreneurs, small businesses in Kenya, and corporations in over 190 countries across East Africa. Following the deal, Verto’s Country Director for…
Zepz, the parent company of WorldRemit, has carried out a new round of job cuts. The UK-based fintech unicorn backed by significant venture capital funds like TCV, Accel, and Leapfrog, has announced the termination of 30 roles within its marketing and human resources departments. A Zepz company spokesperson said; Zepz…
Huawei has been making notable advancements with its recent smartphones, notably the inclusion of its in-house 7nm 5G processor. However, a new Bloomberg report suggests that Huawei has been working on an even more significant project to circumvent the US import ban. The tech giant, assisted by a Shenzhen city…
TikTok has launched the Artist Account, giving emerging musicians additional ways to enhance their profiles and improve their discoverability. However, these new tools aren’t just for up-and-comers; established music stars can also use an artist tag on their profiles, dedicating a separate tab to their music alongside their videos, likes,…
If you’re using Google Chrome, it’s essential you update your web browser without delay. Google has rolled out a recent update this week. This includes a critical fix for an ongoing zero-day exploit that could potentially expose your computer to hackers intent on accessing your data. The flaw’s severity is…
To introduce Threads in member countries, Meta has chosen to comply with the online services regulations set by the European Union. As reported by The Wall Street Journal, Meta aims to launch Threads throughout Europe in December. Adhering to EU policies, it will give users the option to access the…
With Elon Musk at the helm, X, which is already financially unstable, may be on the brink of losing an additional $75 million in advertising revenue. This comes after Musk’s promotion of an antisemitic conspiracy theory, leading him to communicate a new stance to advertisers who are reconsidering their association…
After all the dust has settled following the soap opera involving Sam Altman, Microsoft has officially secured a non-voting board seat at OpenAI.A side of me feels that all of this has worked out in Microsoft’s favour.It may start out with non-voting board seats now and move on to something…
Eutelsat, the satellite operator, along with its local partners, is set to introduce its OneWeb low-earth orbit (LEO) broadband service in South Africa. The service aspires to offer high-speed, low-latency internet access, particularly in areas where traditional connectivity is challenging or non-existent. South Africa will be the pioneer on the…