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…
Global News
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…
CrowdStrike is facing a class action lawsuit filed by its shareholders after a faulty software update caused over eight million computers to crash worldwide. The lawsuit alleges that the cybersecurity firm made "false and misleading" statements about its software testing, resulting in a 32% drop in the company's share price and a loss of $25…
Authorities in the US have charged Abraham Shafi, the founder of the now-defunct social media platform IRL, with fraud amounting to $170 million. The Securities and Exchange Commission (SEC) alleges that Shafi misled investors about the company's growth by making false claims. Background on IRL IRL, which aimed to encourage real-life meetups among its users,…
Dozens of employees at ByteDance's Singapore office, TikTok's parent company, were hospitalized following a food poisoning incident. Health and food safety officials are investigating the outbreak, which caused gastroenteritis symptoms in 60 staff members on Tuesday, with 57 requiring hospital treatment. ByteDance has also stated it is investigating the cause, noting that food is provided…
Microsoft has apologised after a significant global outage impacted several of its services, including Outlook and Minecraft. According to Downdetector, thousands of users worldwide reported issues, with many unable to access their emails or play their favorite game. This incident follows a major IT outage less than two weeks ago caused by a flawed software…
OpenAI is enhancing its AI bot, ChatGPT, by integrating a real-time search feature, challenging Google's dominance as a search engine. This new tool, currently available to a limited number of US users, will allow ChatGPT to provide up-to-date information and links in response to user queries. This feature could potentially revolutionize the way we search…
Microsoft is being scrutinized by the UK's Competition and Markets Authority (CMA) over whether its hiring of key employees from AI start-up Inflection AI effectively constitutes a merger. Key staff, including co-founder Mustafa Suleyman and chief scientist Karén Simonyan, left Inflection AI in March to join Microsoft's new AI division. The CMA's investigation will determine…