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The National Information Technology Development Agency (NITDA) of Nigeria has unveiled plans to develop an indigenous blockchain technology called “Nigerium.” This groundbreaking initiative aims to address the country’s data protection and national security concerns while positioning Nigeria at the forefront of blockchain innovation. Kashifu Inuwa Abdullahi, NITDA’s Director-General, emphasized the importance of creating a homegrown …

Nigerium: The Blockchain Initiative Redefining Nigeria’s Tech Landscape. Read More »

MTN South Africa has taken a neutral stance regarding Vodacom’s ongoing bid to merge with Maziv, a fibre infrastructure company. This week, the Competition Tribunal continues to hear testimonies from factual and expert witnesses about the proposed merger between Vodacom and Maziv. These proceedings follow the South African Competition Commission’s recommendation in August 2023, which …

MTN Unconcerned by Vodacom’s Merger with Fiber Infrastructure Firm. Read More »

LSEG Group’s Workspace news and data platform suffered an outage on Friday that affected user access worldwide, causing disruption across financial markets. In a service announcement to clients, the company said it was experiencing a third-party global technical issue that was impacting some services, although securities trading on the London Stock Exchange was not affected. …

LSEG’s Workspace Platform Suffers Widespread Outage, Trading Hit. Read More »

Major US carriers including American Airlines (AAL.O), opens new tab, Delta Airlines, opens new tab and United Airlines issued ground stops on Friday morning citing communication issues, less than an hour after Microsoft resolved its cloud services outage that impacted several low-cost carriers. It was not immediately clear whether the call to keep flights from …

Major US Carriers Ground Flights Citing Communication Issues. Read More »

A global tech outage was disrupting operations in multiple industries on Friday (19 July), with airlines halting flights, some broadcasters off-air and everything from banking to healthcare hit by system problems. American Airlines, Delta Airlines, United Airlines and Allegiant Air grounded flights citing communication problems. The order came shortly after Microsoft said it resolved its …

Global Cyber Outage Grounds Flights And Disrupts Businesses. Read More »

Meta has suspended the use of generative artificial intelligence (GenAI) in Brazil after the country’s data protection authority issued a preliminary ban objecting to its new privacy policy. The development was first reported by news agency Reuters. The company said it has decided to suspend the tools while it is in talks with Brazil’s National …

Meta Decides To Suspend Its Generative AI Tools in Brazil. Read More »

Over 40 Percent Of Japanese Companies Have No Plans To Make Use Of AI. While nearly a quarter of Japanese companies have adopted Artificial Intelligence (AI) in their businesses, more than 40% have no plans to make use of the ground-breaking technological advances. As per survey conducted by Reuters, roughly 250 firms out of the …

Over 40 Percent Of Japanese Companies Have No Plans To Make Use Of AI. Read More »

Italy’s antitrust agency said on Thursday it had launched an investigation into online search giant Google (GOOGL.O), opens new tab and its parent company Alphabet over alleged unfair commercial practices involving users’ personal data. The request for consent that Google sends to its users to connect its multiple services “could constitute misleading and aggressive commercial …

Italy’s Antitrust Takes Aim at Google Over Personal Data Usage. Read More »

Nokia (NOKIA.HE), opens new tab reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America. The profit, that excludes certain charges and asset revaluations to make it comparable …

Nokia Reports 32% Drop In Profit But Sees Recovery In 2nd Half. Read More »

On Monday, July 15, 2024, Nokia announced in a press release that it has forged a new partnership with Telecom Egypt, the state-owned telecom provider, to introduce fifth-generation (5G) technology to Egypt for the first time. This initiative aims to transform the country’s telecom landscape by significantly enhancing capacity and connectivity. As a result of …

Nokia Teams Up with Telecom Egypt to Roll Out 5G Network. Read More »