Month: March 2018

Reddit has new secret to fixing facebook

Staff Writer

Reddit somehow seems to fly under the radar for the average person, despite being the sixth most popular website in the world. But while its ugly aesthetic – and often, ugly content – is alienating to many, there is much to admire. In fact,  Reddit provides a model for how to create a more interesting, fairer web. A model that doesn’t drag down other publishers in the process. Reddit’s system – where users upvote things they like, and downvote things they don’t – is about as transparent as it gets…

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Snap reportedly laying off around 100 new engineers

Staff Writer

Snap is about to undergo another round of layoffs, with this one seeing a cut of around 100 engineers, according to Cheddar and CNBC. While that’s a small portion of Snap’s total headcount — around 3,000 people — it reportedly represents about 10 percent of the company’s engineering team. The cuts are expected to come within a week and will be the first focused on engineering. Snap hasn’t commented on the report. This is the fourth round of layoffs at Snap in the past year, though the first three were…

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New Laundered Bitcoin worth Billions Linked to UK Company

Staff Writer

A UK company has been linked to the laundering of 650,000 stolen bitcoins worth £4.5bn.The coins were taken by hackers from Tokyo-based Bitcoin exchange Mt Gox, leaving tens of thousands of customers out of pocket. It’s not clear who is in control of the London-based firm Always Efficient LLP. Mt Gox operator Mark Karpeles apologised to investors and said he was co-operating with the investigation. The FBI has charged a Russian national with laundering the stolen bitcoins. Mt Gox matched up those who wanted to buy the crypto-currency with dollars,…

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Q&A: New Leti Arts bringing authentic Africa to the world through games & digital comics

Staff Writer

Caption: (inset) Leti Arts Co-founders, Eyram Tawia (Ghana) and Wesley Kirinya (Kenya) Africa is at the verge of global stardom, with the latest box office stunner movie featuring African superheroes in their fictional Kingdom of Wakanda. There is no doubt that Africa is starting to create its own imagery and endearing the world. It is through such that companies like Let Arts are focusing on. The IBCA caught up with Leti Arts to find out just what the founders are working on to bring an authentic Africa to a worldwide…

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Amazon acquires New Ring for $1 billion.

Staff Writer

Amazon has acquired Ring, a Santa Monica, California-based maker of connected video doorbells and security cameras, for $1 billion. That will see the E-Commerce giant push further into the home security business: it previously acquired Blink, which makes similar products. Plus, it already offers a Cloud Cam that’s designed for use inside your house, and to allow couriers into your home to drop off parcels as part of its Key program. GeekWire notes that while neither firm has shared details on the way forward, it’s expected that the Ring brand…

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