Microsoft adds new Transcribe in Word feature

Microsoft Office 365 Transcribe in Word

Microsoft is adding an audio transcription feature into Word for the web today. Transcribe in Word will appear in the online version of Word for Microsoft 365 subscribers, providing an easy way to automatically transcribe audio. Microsoft is supporting existing audio files, or even the ability to record conversations directly within Word for the web and have them automatically transcribed. Once a conversation is transcribed, Microsoft’s AI will separate out each speaker and break the conversation into sections that are easy to playback, edit, and insert into a Word document.…

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Online Taxi firm Bolt enters into food delivery business

Bolt Food

Taxi hailing service Bolt is venturing into the food delivery business in Kenya targeting alternative revenue streams as the market has seen reduced mobility in the wake of Covid-19 restrictions. Bolt advertised the position of Country Manager for its food delivery arm in Kenya signalling the beginning of operations towards the end of the year. “We’re already present in 30+ markets across Europe and Africa. Now, it’s time for us to bring the know-how around building a mobility platform to the food delivery industry,” read the notice by the firm…

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Kenya’s Central Bank Proposes law to combat predatory lending by mobile loan apps

MTN Rwanda

Digital app lending companies operating in Kenya are set up for a shake-up after the country’s central bank proposed new laws to regulate monthly interest rates levied on loans by digital lenders in a bid to stamp out what it deems predatory practices. If approved, digital lenders will require approval from the central bank to increase lending rates or launch new products. The move comes in the wake of mounting concern about the scale of predatory lending given the proliferation of startups offering online, collateral-free loans in Kenya. Unlike traditional…

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Toshiba Quits Laptop Business, Sells Remaining Stake To Sharp

Toshiba

Japanese tech giant Toshiba, once well-known for its satellite range of laptops meant for heavy use, has finally decided to quit the laptop business. Toshiba has quietly sold its remaining 19.9 percent stake in its Dynabook laptop brand to Sharp, officially exiting the laptop business. The company earlier sold the 80.1 percent stake to Sharp in 2018. “Toshiba Corporation hereby announces that it has transferred the 19.9 percent of the outstanding shares in Dynabook that it held to Sharp Corporation. As a result of this transfer, Dynabook has become a…

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Airtel Kenya launches a TV app service to tap into the streaming services market

Airtel Kenya has launched a TV app service to tap into streaming services market

Telecom firm Airtel Kenya has launched a TV app service in the market as it moves to tap the growing demand for movie streaming services and rev up data consumption on its network. The free service dubbed Airtel TV will allow users to watch movies, documentaries, music, and cartoons, seeking a piece in a market dominated by giants Netflix, Amazon, and Showmax– which provide videos on demand. The service will be free for now, a pointer that seeks to earn money from the consumption of data by its subscribers. The…

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Telkom Kenya pulls the plug on merger with Bharti Airtel

Telkom Kenya

Telkom Kenya said on Wednesday it was no longer looking to merge its business with the Kenyan unit of India’s Bharti Airtel, citing challenges of securing the required regulatory approvals for the deal reports Reuters. Bharti Airtel had said in February 2019 its Airtel Networks Kenya unit had agreed to buy Telkom Kenya, the East African nation’s smallest operator in which the state still has a 40% shareholding, after a majority stake was sold in 2007. The deal, whose terms have never been disclosed, would have created a stronger challenger…

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Microsoft will continue discussions on potential TikTok purchase

Tiktok experiences brief outage, launches new Ad Platform amidst calls for ban

Last Friday, reports emerged that Microsoft was in talks to purchase TikTok from the Beijing-based company ByteDance. The same day, Trump mentioned plans to ban the social media platform from operating in the U.S. This Sunday, Microsoft said in a statement that it is moving forward with talks to buy TikTok after speaking with President Trump, who has threatened to ban the popular video app in the U.S. “Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review…

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Google to waive commission fees on products sold via the ‘Buy on Google’ checkout option

Ecommerce startups

Google is making it free for retailers to sell products in search results by waiving fees for sales made via the ‘Buy on Google’ option. ‘Buy on Google’ is a payment option that lets customers buy products without leaving Google search results. The option to buy products directly on Google is made available to customers when they click on shopping listings in search results. Like other online payment providers, Google has always charged a commission fee for sales made through its platform. Now, in a pilot launch, Google is charging…

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Office 365 is now Microsoft 365

Microsoft

On April 21, Office 365 became Microsoft 365.  Microsoft’s Office 365 personal and family subscription suite will be renamed Microsoft 365 in a move that heralds an effort by the company to win over more consumer users. Seeking to make a point with the rebranding, Microsoft calls it “a subscription service for your life,” which might conjure visions of Amazon Prime. Microsoft 365 will cost $6.99 per month, and a six-user, $9.99 family plan will also be offered. Its apps will be available on Windows, macOS, iOS, and Android. It will…

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Facebook to invest $57 Billion in Africa’s economy in next five years

Facebook’s to invest $57 Billion in Africa’s Economy in next five years

Facebook has released findings from a study conducted by Analysys Mason called The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa, that highlights how its investments in infrastructure and connectivity across the region will deliver over $57 Billion in Economic Benefits over the next five years (2020–2024). According to The Economist Intelligence Unit – Inclusive Internet Index 2020, over 800 million people in Sub-Saharan Africa are unconnected to the Internet. Facebook’s infrastructure investments and connectivity initiatives include the following: Investing in Infrastructure that supports Internet connectivity Submarine cables – Will enable…

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