Category: Technology Innovation
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Glitch allows Ethiopia bank customers to withdraw millions
Ethiopia’s largest commercial bank is trying to retrieve millions of dollars withdrawn by its customers after an incident it described as a systems glitch. More than $40m were reportedly withdrawn from the state-owned Commercial Bank of Ethiopia, or transferred to other banks, when customers found out they could take out more cash than they had…
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WordPress Admins Urged to Remove miniOrange Plugins Due to Critical Flaw
WordPress users of miniOrange’s Malware Scanner and Web Application Firewall plugins are being urged to delete them from their websites following the discovery of a critical security flaw. The flaw, tracked as CVE-2024-2172, is rated 9.8 out of a maximum of 10 on the CVSS scoring system and discovered by Stiofan. It impacts the following…
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Ghana says repairs on subsea cables could take five weeks
Ghana’s National Communications Authority said it held a meeting with the four subsea cable landing service providers – Africa Coast to Europe (ACE), MainOne, owned by data center operator Equinix, South Atlantic 3 (SAT-3) and the West Africa Cable System (WACS) – and mobile network operators. Repairs on damaged subsea cables that are causing internet…
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Updates on internet outage in West Africa
The recent internet outage in West Africa was primarily caused by damage to multiple undersea cables. These cables are vital for carrying internet traffic across continents. Here’s a breakdown: Additional Factors:
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Unveiling the top 10 fintech startups using AI to provide innovative solutions
One key technology driving the fintech revolution is artificial intelligence (AI), which enables startups to automate processes, analyze data, personalize services, and enhance customer experience. Here are the top 10 fintech startups that are powered by AI: 1. KabbageKabbage is a US-based fintech startup providing small businesses with online lending services. Kabbage uses AI to…
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Undersea cable failures cause Internet disruptions for multiple African countries
Internet connectivity in several African countries was disrupted today, March 14, 2024. Beginning at approximately 05:00 UTC, west and central African countries were most impacted, as was South Africa. Based on published reports and social media posts from impacted network providers, the disruption is believed to be due to multiple undersea cable failures in the…
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U.S. Court Orders NSO Group to Hand Over Pegasus Spyware Code to WhatsApp
A U.S. judge has ordered NSO Group to hand over its source code for Pegasus and other remote access trojans to Meta as part of the social media giant’s ongoing litigation against the Israeli spyware vendor. The decision marks a major legal victory for Meta, which filed the lawsuit in October 2019 for using its…
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The Amazon-CIA Connection: Examining Claims of Covert Collaboration in E-Commerce
The Watchdogs: Keeping an Eye on Amazon’s Moves In the realm of e-commerce giants, Amazon stands as an unparalleled force, reshaping the landscape of online retail and technology. As one of the most influential and omnipresent corporations globally, Amazon’s rise from a modest online bookstore to a sprawling conglomerate has been a subject of fascination…
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Liberia: US$1B Needed to Address Electricity Shortage
— LEC Proposes the construction of reservoir to supply Mt. Coffee Dam Addressing Liberia’s perennial power crisis will require significant financial investment, with the Liberia Electricity Corporation (LEC) estimating that between US$700 million to US$1 billion is needed for the construction of a reservoir to alleviate the electricity issue. The lack of a sufficient reservoir…
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