The leading cryptocurrency recently achieved a record-breaking milestone by reaching an unprecedented value of over $69,000. This surpasses its peak in November 2021 before experiencing a decline to $16,500 in 2022. The resurgence in Bitcoin's price is attributed to significant investment from U.S. financial powerhouses. Carol Alexander, a finance professor at Sussex University, believes Bitcoin's price…
The European Union has imposed a €1.8 billion fine on Apple for violating competition laws in the music streaming sector. According to the European Commission, the tech giant was found to have restricted streaming services from directing users to payment options outside its App Store. Margrethe Vestager, the Competition Commissioner, highlighted Apple's decade-long abuse of…
As Bitcoin approaches its all-time high, the spotlight turns to the significant influence wielded by US finance giants such as Grayscale, BlackRock, and Fidelity. These investment powerhouses channel billions of dollars into Bitcoin, solidifying their status as the new 'Bitcoin whales' in the cryptocurrency sea. This influx of institutional investment marks a pivotal shift in…
From its conception, the unique potential of DevOps captivated everyone's imagination. Yet, few could predict how it would revolutionize software development and deployment, transforming the industry forever. DevOps has risen to prominence through continuous innovation, pivotal in software development. Given its significance, exploring the history and evolution of DevOps, especially the critical role of security,…
In the burgeoning landscape of global financial technology, African FinTech companies stand on the cusp of transformative growth. The continent's financial ecosystem is ripe for innovation, with a young, dynamic population and increasing internet and mobile technology penetration. However, to fully harness this potential, a profound lesson must be learned from an unlikely mentor: China's…
Meta, the conglomerate behind Facebook and Instagram, has formed a specialised team to combat deceptive artificial intelligence (AI) content during the upcoming EU elections in June. This move reflects growing concerns about the potential misuse of generative AI technologies, which can create convincing fake videos, images, and audio to mislead voters. The announcement coincides with…
Deepfake technology emerges as a double-edged sword in today's rapidly evolving digital landscape, offering groundbreaking possibilities and daunting challenges. Artificial intelligence drives this technology, creating hyper-realistic videos of people saying or doing things they never did, central to a complex debate. Let's explore the multifaceted world of deepfakes to understand their potential, perils, and the…
The renowned chipmaker Nvidia has recently achieved a historic milestone by reaching a market valuation of $2 trillion (£ 1.58 trillion), marking its rapid rise among the world's top-valued corporations. The Silicon Valley-based company witnessed a more than 4% increase in its shares during Friday morning trading. However, the numbers slightly dipped later on. This…
Introduction In medical technology, few advancements stir as much excitement and hope as the development of prosthetic limbs. These devices, which restore a degree of normalcy to the lives of amputees, have come a long way from the rudimentary wooden appendages of yesteryears. Today, we stand on the brink of a revolutionary leap forward with…
According to the legal agency representing them, x, previously known as Twitter, has settled outstanding payments with its former employees at the African headquarters over a year after their termination. These employees, primarily new hires at the Accra, Ghana office, were abruptly let go in November 2022, shortly after Elon Musk's acquisition of the company…