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Africa Institutional
Top tech news today: December 2, 2024
1. Supreme Court rules on AFRINIC: New members cannot vote, elections by June 2025 The Supreme Court of Mauritius has ruled that AFRINIC members created after September 2023 lack voting rights and that AFRINIC must hold elections for a new board and CEO by June 2025. BTW Media.…
Companies
Swan fintech taps Camille Tyan as deputy CEO
What happened Camille Tyan, known for founding successful fintechs such as Payplug, Numeral, and Marble, has been appointed as the Deputy CEO of Swan. His mission is to drive the company’s growth and accelerate its international expansion. Tyan has been involved with Swan since…
Companies
Reem Finance bets big on Temenos for innovation
———————— What happened Reem Finance, a UAE-based corporate and retail finance institution, has chosen Temenos’ cloud-based core banking solution to launch its first digital community bank. This move aligns with Reem Finance’s strategy to enhance digital transformation and offer…
Companies
North Korean hackers target IT firms with expanded social engineering tactics
What happened North Korean hacker groups have escalated their social engineering campaigns, targeting IT companies worldwide. According to cybersecurity experts, these groups use advanced tactics such as impersonating trusted contacts, creating fake recruitment schemes, and spear…
Global Cloud Services
Is SaaS losing its appeal?
In the bustling boardrooms of Klarna, a global leader in fintech innovation, executives made a surprising decision: to sever ties with Salesforce, one of the most iconic SaaS platforms in the world. This wasn’t a move made lightly. For years, Salesforce had been the backbone of…
Companies
Will Trump and Musk carve a new path for U.S. IT infrastructure?
Elon Musk’s ambitions with SpaceX’s satellite network, Starlink, extend far beyond providing global internet access. When combined with former President Donald Trump’s push for domestic manufacturing under his ‘America First’ policies, a unique opportunity arises: the potential…
Companies
Qifu Technology reaches buy zone amid strong profit growth
What happened Qifu Technology (QFIN) has gained investor attention as its stock hit a key buy point following strong profit growth. Featured on Investor’s Business Daily’s Stock Spotlight screen, Qifu is recognized as a top stock to watch. In its recent quarterly report, Qifu…
Companies
Interactive investor’s latest update makes investing faster than ever
____________ What happened Interactive investor (ii), the UK’s second-largest investment platform, has partnered with NatWest to integrate its open banking payment solution, Payit. This integration allows ii customers to link their bank accounts directly to their investment…
Companies
Latos unveils plan for 40 new UK data centres by 2030
The artificial intelligence boom is reshaping the tech landscape, and Latos Data Centres is stepping up to meet the demand. The company announced a bold initiative to establish 40 new data centres across the UK by 2030, starting with a major development near Cardiff. What…
Companies
Inligo launches ambitious Cable Landing Station in Darwin
Submarine cables are a vital part of the global internet infrastructure, carrying data across borders to support communication, commerce, and national security. The Strategic Importance of Global Submarine Cables 2023 Project commencement in Darwin Inligo Networks has officially…
Global Cloud Services
Embracing cloud storage scalability for business growth
In an era where data reigns supreme, businesses must navigate the challenges of storing and managing exponential data growth. Cloud storage scalability has emerged as a critical solution, allowing organizations to dynamically adjust their storage capacity to meet fluctuating…
Companies
Geidea’s SoftPos arrives in Egypt to transform digital payments
What happened Geidea, a provider of digital payment solutions in the Middle East, has launched its innovative SoftPos service in Egypt. This service allows merchants to accept payments directly via smartphones, eliminating the need for traditional point-of-sale (POS) devices. The…
Global Cloud Services
Microsoft suspends Windows 11 updates over eSCL glitches
What happened Microsoft has confirmed a problem with Windows 11 24H2 and USB-connected devices that support the Scanner Communication Language (eSCL) protocol on November 22. Microsoft has paused Windows 11 updates for certain hardware connected to eSCL (enhanced scanning command…
Companies
EPI’s Wero wallet reaches 14 Million users
What happened The European Payment Initiative (EPI) has announced that its Wero wallet has enrolled 14 million users and processed eight million transactions since its launch. This milestone comes as EPI expands the Wero wallet’s availability to Belgium, following initial phases…
Companies
SASE as a new trend in secure network by BT
What happened BT has teamed up with Fortinet to enhance its managed networking services with Secure Access Service Edge (SASE) capabilities. The partnership aims to provide fast, secure access to cloud services, supporting distributed workforces and addressing cybersecurity…
Global Cloud Services
How public cloud scalability transforms business growth in the digital age
In today’s fast-paced digital landscape, businesses are constantly striving for flexibility, efficiency, and cost-effectiveness in their operations. Public cloud scalability has emerged as a game-changer, enabling organizations to seamlessly grow their infrastructure and…
Asia-Pacific Cloud Services
How cloud infrastructure providers are enabling better scalability through AI and ML
Cloud infrastructure has rapidly evolved, allowing businesses to scale their operations more efficiently. As demand for cloud services grows, providers are increasingly turning to artificial intelligence (AI) and machine learning (ML) to improve scalability. These technologies…
Companies
ProLabs rolls out transceivers for next-gen AI networks
What happened ProLabs has launched a new lineup of 400G and 800G transceivers, engineered to address the increasing demands of AI applications. These transceivers are designed to provide data center operators with higher speeds and reliability, alongside reduced operational…
Companies
Verizon’s fexible 5G plans boost subscriber growth
What happened Verizon reported a higher-than-expected increase in wireless subscribers in the third quarter, with the addition of 239,000 net monthly bill-paying wireless phone subscribers. This figure surpassed expectations of 218,100 additions. The U.S. telecom giant attributed…
Asia-Pacific Cloud Services
Is Geely’s digital cockpit the future of in-car technology?
Imagine cruising in a car where the vehicle itself anticipates your needs. The seat adjusts automatically to your favorite position, the music playlist reflects your mood, and traffic updates reroute your journey seamlessly. This isn’t a concept from a futuristic movie—it’s a…