TECHNOLOGY

Child safety online one of few issues Congress can agree on

Doing more to protect children online appears to be one of the few issues that still has bipartisan support in Congress. Lawmakers from both parties have so far focused with some urgency on their own active legislation, pushing the social media bosses present today to either express support for it or explain why they will not. This is a big ...

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TikTok boss claims no US user data shared with Chinese government

Republican Senator John Cornyn wants to know about TikTok’s relationship with the Chinese government. The app is owned by ByteDance, a Chinese company. He asks TikTok’s Shou Zi Chew if the company has shared US user data with the Chinese government, as mandated by Chinese law. “We have not been asked for any data by the Chinese government and we have never provided ...

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Zuckerberg wants Apple and Google to play bigger role in child safety

Facebook founder Mark Zuckerberg has come to congress today with a clear vision – that Apple and Google could play a bigger role in keeping children off platforms or ensuring they have age appropriate experiences on social apps. Zuckerberg says Apple and Google’s app stores could be the “easiest” and “right” place to check the age of child users or let parents ...

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Inflation to average 18% in 2024 – Fitch Solution

Inflation will ease throughout 2024 averaging 18% in 2024, Fitch Solutions has predicted. It insists the easing inflation will force the Bank of Ghana to cut the policy rate by 800 basis points this year. It disclosed this in its January 2024 Sub Saharan Africa Quarterly Update. This will be almost in line with the Bank of Ghana’s projection of ...

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Elon Musk: Judge blocks ‘unfathomable’ $56bn Tesla pay deal

A judge in the US state of Delaware has annulled a $55.8bn (£44bn) pay deal awarded to Elon Musk in 2018 by the electric car company Tesla. The lawsuit was filed by a shareholder who argued that it was an overpayment. Judge Kathaleen McCormick called the compensation “an unfathomable sum” that was not fair to shareholders. In a post on ...

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Google to train 20,000 Nigerians in digital skills

Google intends to train 20,000 Nigerian youth, mostly women in digital skills and provide a grant of 1.2 billion naira ($1.6 million) to help the government’s create one million digital jobs in the country, its Africa executives announced on Tuesday. Nigeria plans to create digital jobs for its teeming youth population, Vice President Kashim Shettima told Google Africa executives during ...

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MTN Group delivers resilient results, makes progress on execution of Ambition 2025 strategy

In the first half of 2023, MTN Group delivered resilient results, advanced its strategy by partnering with Mastercard on the MTN fintech business, and progressed plans to exit Afghanistan. This was achieved in a difficult operating environment marked by elevated inflation, weaker local currencies and regulatory developments across our 19 markets, the telecommunications company said in a statement. “We delivered ...

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Mark Zuckerberg calls off Elon Musk cage match: ‘If Elon ever gets serious … he knows how to reach me’

Mark Zuckerberg is tired of waiting around for his cage match with Elon Musk. Less than two months after eagerly taking up the Tesla executive’s challenge, Zuckerberg has called off the bout. The martial arts-loving Facebook co-founder on Sunday accused Musk of not being serious about the challenge and said “it’s time to move on.” “I offered a real date. ...

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Zoom orders workers back to the office

Zoom, the video communications company whose name became synonymous with remote work during the pandemic, has ordered staff back to the office. The firm said it believed a “structured hybrid approach” was most effective and people living within 50 miles (80km) of an office should work in person at least twice a week. It is the latest push by a ...

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Kenya suspends Worldcoin cryptocurrency, data protection probe

Kenya announced on Wednesday that it was suspending the Worldcoin cryptocurrency, whose verification system is based on iris recognition, pending the outcome of investigations into “the security and protection of data” collected by the company. Launched at the end of June in Germany by OpenAI boss Sam Altman, the Worldcoin system is also under investigation by European regulators, notably in ...

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