Category: featured

Andela Secures $100M Series D Funding to Build Distributed Eng. Teams and Power its work

Staff Writer
Andela

Andela the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding. The round was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding to $180M. Andela was founded in 2014 to connect Africa’s engineering talent with the demand for software developers worldwide. With the Series D funding, Andela will accelerate the development of its technology platform to identify,…

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Pesapal starts Payment processing for low cost Kenyan Airlines

Editor

Pesapal has this year started processing payments for low cost carriers in Kenya. Jetways Airlines, Silverstone Air and Skyward Express will from now on use Pesapal’s integrated payment system to process Mpesa, Visa, mVisa, MasterCard and American Express payments on their respective websites. This not only gives travellers the freedom to pay conveniently for their flights but also makes it easier for airlines to track payments and traveller flight information. These airlines join African Express Airways in Kenya and Eagle Air in Uganda showing Pesapal’s growth as a payment processor…

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WhatsApp to limit text to 5 individuals or groups to reduce fake news

WhatsApp launches end-to-end encryption on messages for all its users

n its efforts to fight fake news and it’s spread, Facebook-owned messaging service WhatsApp has announced that it has globally lowered the forward limit for chats to five contacts or groups. “We’re imposing a limit of five messages all over the world as of today,” Victoria Grand, vice president for policy and communications at WhatsApp, said at an event in the Indonesian capital. Before, WhatsApp allowed users globally to forward messages for up to 20 chats (either individuals or groups). VentureBurn reports that WhatsApp first initiated the lower limit in India back…

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How AI could bring a difference in 2019

Staff Writer

In 2019, artificial intelligence (AI) will increasingly become a mainstream presence in our work and personal lives, inspiring our purchase decisions and digging deeper into business outcomes and events. At the same time, expectations surrounding AI will also grow, as calls for transparency and fair play become too loud for businesses to ignore. Here are four ways we see AI making a difference in our lives in the new year: AI gets warm and fuzzy. Conversational AI is fast becoming a fact of life; already, 20% of U.S. adults have access to smart speakers in their homes. Google…

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Wearable device sales to hit $42 billion in 2019 says Gartner

Dianne Jacobs

Gartner, Inc. forecasts that worldwide shipments of wearable devices will reach 225 million in 2019, an increase of 25.8 percent from 2018. End-user spending on wearable devices is forecast to reach $42 billion in 2019. Of that, $16.2 billion will be on smartwatches. “At the moment, the smartwatch market is bolstered by the relatively stable and higher average selling price (ASP) of the Apple Watch,” said Alan Antin. senior director at Gartner. “But the overall ASP of smartwatches is expected to slowly decline from $221.99 in 2018 to $210 in…

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The gift that keeps on taking, Bitcoin sinks again… below $4,000

banking security

The blood letting is not stopping soon as Bitcoin plunges once again over the weekend and is now trading for less than $4,000 for the first time since September 2017. The cryptocurrency fell to as low as $US3,519.94($4,874) on the Bitstamp platform, after earlier falling to a 14-month low of $3,462,57. It has lost 74 percent of its value so far this year, after hitting nearly $20,000 in December last year. Most other cryptocurrencies are faring just as poorly or worse, and in total, more than $700 billion in market…

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Nearly half of young users have deleted Facebook, Pew survey shows

facebook

Pew surveyed more than 3,400 U.S. Facebook users in May and June, and found that a whopping 44 percent of those ages 18 to 29 say they’ve deleted the app from their phone in the last year. Some of them may have reinstalled it later. Significant shares of Facebook users have taken steps in the past year to reframe their relationship with the social media platform. Just over half of Facebook users ages 18 and older (54%) say they have adjusted their privacy settings in the past 12 months, according…

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Hackers Are Snatching High-Profile Instagram Accounts

olivia Craig
Instagram Fundraiser

In the Wild West of “influencer” marketing, there are few protections and plenty of easy marks. Hackers sometimes create their own fake brands to phish influencers, but often they pretend to be representatives from real companies, this is according to a new report by TheAtlantic “They’ll set up some sort of username that’s something that seems like it would be legit, like @LuluLemonAmbassadors,” he said. “They’ll use all the company logos, make it seem as legit as possible, make the bio seem normal. Use the company’s mission statement. It’s super…

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Econet’s Kwesé is shutting down its operations to refocus on video-on-demand

Dianne Jacobs

Pay-TV Company Kwesé is shutting down its operations barely two years after launch as Econet, the parent firm, shifts its attention to latest digital and satellite broadcasting trends. Subscribers of Kwese satellite TV will access free-to-air (FTA) stations only after the firm did away with third-party channels according to a report by Business Daily Africa (BD) “We believe these changes will safeguard the future success of our business as we continue to make an indelible impact on Africa’s media industry. The revised business strategy will also ensure that Kwesé TV…

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