Global News

Can Africa’s Manufacturing Keep Pace with the Global Beauty Industry?

The global beauty industry, valued at over $500 billion, is experiencing rapid growth, with projections indicating continued expansion in the years to come. As global beauty brands race to innovate and meet demand, manufacturing capabilities, particularly in emerging markets like Africa, are under scrutiny. By 2030, business-to-business manufacturing spending in Africa is expected to reach…

ByrwandatechnewsSeptember 23, 20240Comments

Global News Startup

Lionsgate AI collaboration

Lionsgate, the studio behind blockbuster series like The Hunger Games and John Wick, has announced a groundbreaking collaboration with artificial intelligence (AI) company Runway. The deal will allow Runway to train a new AI model on Lionsgate's extensive film and TV archive, potentially reshaping content production. AI Integration in Film Production The partnership aims to…

ByrwandatechnewsSeptember 20, 20240Comments

Cristiano Ronaldo social media followers

Global News

Cristiano Ronaldo Reaches 1 Billion Social Media Followers

Cristiano Ronaldo has made history as the first person to reach 1 billion followers across his social media platforms. This monumental figure results from combining followers from Instagram, Facebook, Twitter, YouTube, and Chinese platforms like Weibo and Kuaishou. Breaking the 1 Billion Mark Although this number doesn't equate to 1 billion individual followers due to…

ByrwandatechnewsSeptember 16, 20240Comments

Global News

Musician accused of using bots and AI for streaming fraud

A musician from North Carolina, Michael Smith, has been charged with using artificial intelligence (AI) and thousands of bots to manipulate music streaming platforms and fraudulently earn millions in royalties. This case marks the first of its kind, as prosecutors allege that Smith generated AI-created songs, artificially used bots to inflate streaming numbers, and collected…

ByrwandatechnewsSeptember 6, 20240Comments

Global News

South Korea Deepfake Scandal

South Korea is currently facing a significant deepfake scandal that has raised serious concerns about privacy, digital safety, and the misuse of technology. Deepfakes are artificially generated images or videos that use artificial intelligence (AI) to manipulate accurate content, often creating highly realistic yet fake portrayals of individuals. Recently, it was revealed that numerous chat…

ByrwandatechnewsSeptember 3, 20240Comments

Global News

How AI Is Shaping Klarna’s Future: Workforce Reductions and Increased Pay

Klarna, the buy now, pay later company, plans to significantly reduce its workforce through efficiencies gained from artificial intelligence (AI). After cutting its staff from 5,000 to 3,800 over the past year, Klarna aims to reduce its staff further 2,000 by leveraging AI in marketing and customer service. CEO Sebastian Siemiatkowski highlighted that these job…

ByrwandatechnewsAugust 28, 20240Comments

Global News

AliExpress enters Africa

AliExpress, the global online retail powerhouse and subsidiary of China’s Alibaba Group, is set to make a groundbreaking entry into the Ethiopian market! According to Dr. Abiyot Bayu, Senior Advisor to Ethiopia’s Minister of Innovation and Technology, the agreement has been finalized, and an official announcement is just around the corner. This move opens up…

ByadminAugust 13, 20240Comments

Global News

Google search monopoly

The tech world is closely watching a US judge's ruling that Google illegally monopolizes online search and related advertising. Alphabet, Google's parent company, is expected to appeal, ensuring a prolonged legal battle. The ruling's potential consequences range from hefty fines to complex structural remedies. Potential Outcomes Breaking Up Google One drastic remedy could be breaking…

ByrwandatechnewsAugust 6, 20240Comments

Global News

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