Sub-Saharan Africa leads in Bitcoin adoption
The adoption and use of Bitcoin in sub-Saharan Africa is the highest in the world, according to the Chainalysis 2023 Geography of Cryptocurrency Report by Chainalysis, which yesterday shared a chapter focusing on the region. The report indicates that the use of...
Internal AI platforms to proliferate
By 2026, 80% of large enterprise finance teams will rely on internally managed and owned generative AI platforms trained with proprietary business data, according to Gartner. "The recent entry of large, well-established companies into the generative AI market has...
TikTok withdraws from Hong Kong
TikTok plans to cease its operations in Hong Kong, following China's imposition of a new security law. The national security law has raised concerns about data privacy. TikTok has gone on record in the past saying it wouldn't comply with requests from the Chinese...
Smart home devices set for decline
Spending on smart home devices in the Middle East and Africa (MEA) is expected to decline 6% year on year in H2 2020, according to the latest insights from International Data Corporation (IDC). The global technology research and consulting firm's Quarterly Smart Home...
PC shipments not looking good for the next few years
Canalys forecasts that global PC and tablet shipments will fall 7% from 395,6-million units in 2019 to 367,9-million units in 2020. It expects the global PC market to remain flat in 2021 and return to growth of 2% in 2022. Though the PC market has been rattled by the...
Indacoin halts fraudulent cryptocurrency transactions
One of cryptocurrency's main benefits is the ability to conduct trusted transactions swiftly. However, the anonymous and decentralised nature of these transfers can be leveraged by fraudsters to launder money or trick legitimate crypto investors. In order to keep...
Vodacom to hold virtual AGM
As Covid-19 cases continue to rise, the Vodacom Group is planning for a virtual annual general meeting (AGM) on 21 July, rather than allowing shareholders to gather physically. "Vodacom reiterates that the health and wellbeing of our staff and shareholders are...
Facebook malware threat unmasked
A Paris-based anti-fraud firm, Evina, has unmasked malware that executes java script to retrieve the login credentials of Facebook users around the globe which are then transmitted to a server. Evina confirms that African users of the social platform are among those...
Mixed results for smart audio device shipments
According to the latest Canalys estimates, worldwide shipments of smart audio devices, including smart speakers and smart personal audio devices, reached 96,2-million units in Q1 2020. The coronavirus pandemic caused the smart speaker category to suffer it first...
Quantum physics used to physically move objects
For the first time, a team led by researchers at MIT LIGO Laboratory has measured the effects of quantum fluctuations on objects at the human scale. In a paper published in Nature, the researchers report observing that quantum fluctuations, tiny as they may be, can...
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