Global News

Chinese Tech Stocks Stumble Amid Proposal to Limit Youth Smartphone Use

Tech shares in China, encompassing significant corporations such as Alibaba and Bilibili, have experienced a downturn in response to the Cyberspace Administration of China's (CAC) proposal to limit smartphone usage for individuals under 18. The draft legislation proposes a daily maximum of two hours of phone usage for minors. This move comes four years after…

ByrwandatechnewsAugust 4, 20230Comments

Global News

Nigerian Health Tech Startup, Remedial Health, Secures $12M in QED-Led Series A Funding

Remedial Health, a Nigerian startup reshaping the pharmaceutical landscape, has amassed $12 million in a Series A equity-debt funding round. The funds aim to enhance operations within Nigeria, digitizing pharmacies and refining the pharmaceutical supply chain. Prominent fintech VC firm, QED Investors, co-led the round, demonstrating faith in the potential for embedded financial services like…

ByrwandatechnewsAugust 2, 20230Comments

MrBeast, Virtual Dining Concepts, MrBeast Burger, lawsuit

Global News

MrBeast Battles Brand Reputation Damage

According to the suit, Virtual Dining Concepts allegedly failed to pay royalties and registered MrBeast Burger trademarks without MrBeast's consent. The YouTube star's team is now pursuing litigation to terminate the contract and close the MrBeast Burger business. Despite generating millions of dollars since its 2020 launch, the lawsuit suggests that MrBeast, real name Jimmy…

ByrwandatechnewsAugust 1, 20230Comments

Global News

Meta’s Threads App: A New Rival for Twitter Unveiled

Introduction: In a strategic move, Meta has unveiled its new application, 'Threads', directly challenging the dominance of Twitter in the microblogging sphere. Threads, a textual rendition of Instagram, has gone live in over a hundred countries, offering a fresh venue for real-time updates and public dialogues. making it a fascinating addition to the portfolio of…

ByrwandatechnewsJuly 30, 20230Comments

Global News

Sam Altman’s Worldcoin Launch Retina-Scanning Cryptocurrency

Worldcoin, a daring crypto startup co-founded by OpenAI CEO Sam Altman's Worldcoin Launch, has the worldwide distribution of its services, aiming to create a dependable method for discerning humans from AI online, support global democratic systems, and significantly enhance economic opportunities. The startup has garnered around $250 million in funding, with Andreessen Horowitz, Khosla Ventures, and Reid…

ByrwandatechnewsJuly 26, 20230Comments

Global News

Safe AI Development Released by Global Experts

A global consortium of AI experts and data scientists has recently unveiled a comprehensive and voluntary framework to promote the safe development of artificial intelligence (AI) products. The World Ethical Data Foundation, boasting a membership of 25,000 individuals, includes professionals from major technology companies such as Meta, Google, and Samsung. The framework comprises an extensive…

ByrwandatechnewsJuly 20, 20230Comments

Global News

AI Technology: A Force for Good, Embracing the Potential

An open letter endorsed by over 1,300 experts emphasizes the positive impact of AI technology, asserting that it serves as a force for good rather than a threat to humanity. Organized by BCS, the Chartered Institute for IT, this letter aims to counter the prevailing concerns surrounding "AI doom." Rashik Parmar, the CEO of BCS,…

ByrwandatechnewsJuly 18, 20230Comments

Global News

OpenAI Under Examination Regarding Risks of Inaccurate Responses by ChatGPT

OpenAI, the organization behind the renowned language model ChatGPT, is currently in the spotlight due to concerns about the potential risks associated with the model providing inaccurate or misleading responses. The issue is stirring a heated debate about AI developers' responsibilities and ethical duties. Unpacking the Concerns The core concern being investigated is whether the…

ByrwandatechnewsJuly 16, 20230Comments

Global News

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