Internet

African Banks Adopt IBM Hybrid Cloud to expedite Financial Inclusion

African Banks Adopt IBM Hybrid Cloud to expedite Financial Inclusion

Business, FinTech, Internet, Technology
IBM Hybrid Cloud for Financial Services is developed to assist institutions to address security, and resiliency requirements while supporting business transformation and innovation.   This has led banks across Africa including EcoBank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya, Nedbank, and Banco Mais to turn to IBM technologies to help advance financial inclusion across the continent. This shows that African banks acknowledge the significance of digital banking in their growth strategy. Improved access to digital services can help increase the financial inclusion of many consumers across the continent while supporting local economies. Financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and
Facebook Virtual Reality Meeting App

Facebook Virtual Reality Meeting App

Business, Internet, Technology
Facebook has launched a test of a new virtual-reality remote work app where users can hold meetings as avatar versions of themselves. This app aims at reinventing virtual office spaces. It looks like many of us may be working home for even longer than we initially imagined due to Covid 19 pandemic. Facebook has invested heavily in virtual and augmented reality, developing hardware such as its Oculus VR headsets, working on AR glasses and wristband technologies, and buying a bevy of VR gaming studios, including BigBox VR. The company predicts that this will be the next big computing platform. This will allow it to be less reliant in the future on other hardware makers, such as Apple, the company has said. To get started inside Horizon Workrooms you'll need to buy an Oculus VR h...
Microsoft issues urgent security warning

Microsoft issues urgent security warning

Cyber Security, Internet, Technology
After security researchers found a serious vulnerability in the operating system, Microsoft is urging Windows users to install an update instantly. PrintNightmare security flaw affects the Windows Print Spooler service. Researchers at Sangfor, a cybersecurity company by accident published a how-to guide for exploiting it. The researchers came across vulnerabilities in Print Spooler, which allows multiple users to access a printer. They tweeted about it in late May. They unintentionally published a proof-of-concept online and later deleted it but not before it was published elsewhere online, including developer site GitHub. Hackers that exploit the vulnerability as reported by Microsoft could install programs, view and delete data or even create new user accounts with full user rig...
Facebook Announces the next stage of its e-commerce push.

Facebook Announces the next stage of its e-commerce push.

Internet, Mobile, social media, Technology
CEO Mark Zuckerberg announced three e-Commerce updates that are coming to Facebook products in a live stream: Shops on WhatsApp, and Shop listings in Facebook Marketplace, as well as a new visual product search option on Instagram. The biggest announcement is Shops on WhatsApp, which will allow businesses to showcase their entire Shop within the messaging app, giving shoppers another way to find relevant products, and connect with the business for more information. This could boost businesses' revenues since WhatsApp has a huge user base. Businesses will only need to set up their shop once to have it work across Facebook, Instagram, and WhatsApp. Facebook is also bringing Shop listings to Marketplace thus providing more ways for brands to connect with interested shoppers. Z...
Microsoft pulls plug on Internet Explorer

Microsoft pulls plug on Internet Explorer

Cyber Security, Internet, Technology, Uncategorized
Internet Explorer was launched in 1995 and came preinstalled on every Windows device for almost 20 years beginning in 1997.  Microsoft will finally retire Internet Explorer on June 15, 2022. The web browser is said to be replaced with certain versions of Windows 10. "The future of Internet Explorer on Windows 10 is in Microsoft Edge," reads a blog post from Microsoft published Wednesday. "Not only is Microsoft Edge a faster, more secure and more modern browsing experience than Internet Explorer, but it is also able to address a key concern: compatibility for older, legacy websites and applications." More than two decades ago, IE was riding high—perhaps too high to some. It featured prominently in the browser battle of roughly 20 years ago and in the U.S. government’s antitrust bat
Huawei calculated move  to boost its global business prospects

Huawei calculated move to boost its global business prospects

Business, FinTech, Internet, Mobile, Technology
Huawei calculated move to boost its global business prospects Global technology firm Huawei has embarked on a bold product and services review and enhancement program. This was as part of its business growth strategy to facilitate a fully connected, intelligent world. The finetuning program is geared at enhancing the firm’s digital technologies delivery capacity in the face of the global business challenges arising from the Covid-19 pandemic, among other geopolitical and economic challenges. Speaking when he addressed the Huawei 18th Global Analyst Summit following the recent release of the firm’s 2020 Annual report, Huawei Rotating Chairman Mr. Eric Xu said the firm’s 2021 growth strategy is anchored on five strategic initiatives. The initiatives are geared at optimizing the
Safaricom becomes the first institution to offer 5G Network services in East Africa

Safaricom becomes the first institution to offer 5G Network services in East Africa

Business, Internet, Technology
Safaricom becomes the first operator to offer commercial and superfast 5G network services in East Africa. Safaricom plans to partner with the government and corporates in revving up its newly launched 5G mobile Internet services. To deepen innovation in the health and agriculture sectors. This will be a success through value addition in other sectors and platforms. The telco on Friday launched the upgraded network in major urban centers including Nairobi, Kisumu, Kisii and Kakamega, all of which routinely witness increased data traffic. “The 5G network heralds the era of intelligent connectivity and will be a key driver of this strategy by enabling us to build on the investments and successes of the last two decades to catapult Safaricom to the next level as we enable digital
Safer Internet Day 2021: Together for a Better Internet

Safer Internet Day 2021: Together for a Better Internet

FinTech, Internet, Technology
Safer Internet Day (SID) is an EU wide initiative to promote a safer internet for all users, especially young people. The theme for Safer Internet Day 2021 is “Together for a Better Internet." Over the years, Safer Internet Day has become a landmark event in the online safety calendar. Starting as an initiative of the EU SafeBorders project in 2004 and taken up by the Insafe network as one of its earliest actions in 2005, Safer Internet Day has grown beyond its traditional geographic zone and is currently celebrated in approximately 170 countries worldwide. From cyberbullying to social networking to digital identity, each year Safer Internet Day aims to raise awareness of emerging online issues and current concerns. Safer Internet Day 2021 takes place on Tuesday, February 9th, and
The Rise and Rise of Big Tech Globally.

The Rise and Rise of Big Tech Globally.

FinTech, Governance, Internet, Technology
The rise of global technology superstars like Amazon, Apple, Facebook and Google has created new challenges for the competition watchdogs who enforce antitrust laws around the world. The big tech companies dominate markets in e-commerce and smartphones, search advertising and social-media traffic. In the U.S., Google and Facebook Inc. together collect more than half of digital advertising spending and Apple Inc. has about 46% of the smartphone market. The House antitrust report estimated that 50% or more of U.S. e-commerce sales goes through Amazon.com Inc.; that 99% of mobile devices in the U.S. and globally run on Apple’s iOS or Google’s Android systems; that Google captures about 89% of all general search queries in the U.S.; and that Facebook’s app reached 74% of U.S. smartphone
Africa can now predict climate related disasters

Africa can now predict climate related disasters

Internet, Startups, Technology
Most African countries have lacked good forecasting methods as weather becomes increasingly extreme A new weather forecasting system in Africa allows meteorologists to track approaching storms in real time, potentially saving lives from climate-related disasters, scientists said on Monday. The technology is already used in developed countries but was not available until recently in most of sub-Saharan Africa, according to scientists behind the project at the University of Leeds. "We had forecasting methods before but they were not as good," said David Koros, principal meteorologist at the Kenya Meteorological Department. "It's very important because we can issue information for the safety of lives, property and the environment," he told the Thomson Reuters Foundation. The new method, ...