2018 - itbusinessdirect

Instagram implements New artificial intelligence tools to beat cyber bullies

October 11, 2018October 10, 2024

Instagram is betting on artificial intelligence weapons to battle cyber bullying, using AI to scan photos for abusive content at the Facebook-owned service. Instagram chief Adam Mosseri Tuesday said artificial intelligence is being used to detect signs of bullying and then automatically flag content for review by staff from the image-oriented social network. “This change will help us identify and remove significantly more bullying,” Mosseri said in a blog post. ” Online harassment is a big problem, with 40 percent of all people on the internet having reported experiencing some form of…

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17 Canadian federal depts. and agencies failed New basic tests.

October 9, 2018October 10, 2024 Staff Writer

The Canada Revenue Agency, the RCMP, Statistics Canada and more than a dozen other federal departments and agencies have failed an international test of the security of their credit card payment systems. Altogether, half of the 34 federal institutions authorized by the banking system to accept credit-card payments from citizens and others have flunked the test — risking fines and even the revocation of their ability to accept credit and debit payments. Those 17 departments and agencies continue to process payments on Visa, MasterCard, Amex, the Tokyo-based JCB and China…

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Benin Govt abandon social media tax decree after protests

September 25, 2018 Staff Writer

After 10 days of mobilisation with more than 500 000 people being affected by the social media tax, the government in Benin have decided to cancel the tax. The government passed the decree in late August taxing its citizens for accessing the internet and social media apps reports Mail & Guardian. It taxed the use of Over The Top services like Facebook, WhatsApp and Twitter. Mylène Flicka, an Beninese activist, working on IRAWO, a digital media platform spoke to The Daily Vox about the decree and the cancellation of the…

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Sources Intimate that Rocket Internet is preparing a Jumia IPO

September 21, 2018 Staff Writer

Reuters sources have intimated that German start-up investor Rocket Internet (RKET.DE) is preparing its African online shopping platform Jumia for a possible New York listing in the first quarter of 2019 which could value the firm at about $1 billion. Citi (C.N), Morgan Stanley (MS.N) and Berenberg are coordinating the IPO, the sources said. Shares worth up to $250 million may be sold, one of the sources said, adding that no final decision about the timing or metrics of the deal had yet been taken. The investor and the banks…

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Surprise overdue dual-SIM support coming to the iPhone

September 13, 2018October 10, 2024 Staff Writer

Apple’s introducing letting you embrace your inner duality with your iPhone. At Wednesday’s Apple event, the company announced the launch of dual-SIM support for the iPhone. Both the iPhone XS and the iPhone XS Max will offer the dual SIM card option. This will allow you to have two different phone numbers and two different carriers on the same phone. The dual SIM support is possible because Apple’s newest iPhones will have an eSIM as well as a regular nano SIM card. The eSIM means you won’t have to swap…

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Fintech Will Contribute New $150 Billion to Africa’s GDP.

September 12, 2018October 10, 2024 Staff Writer

The contribution of the Fintech industry to sub-Saharan Africa’s economic output will increase by at least $40 billion to $150 billion by 2022, according to Financial Sector Deepening Africa, a development-finance organization. The industry currently employs about 3 million people directly and indirectly in the region, FSD Africa Financial Markets Director Evans Osano said in an interview on Thursday. Sub-Saharan Africa’s gross domestic product is about $1.6 trillion, according to data compiled by the International Monetary Fund. “If you look at the value chain, most of that money is coming…

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SEC New Suspends on Exchange-Traded Bitcoin and Ether Investment Vehicles

September 10, 2018October 10, 2024 Staff Writer

Ether, the second-largest virtual currency, slumped 8.9% from its level at 5 p.m. New York time on Friday, according to Bloomberg composite pricing. Bitcoin lost 2.1%, while the market capitalization of digital assets tracked by CoinMarketCap.com shrank to $197 billion — down about $640 billion from its January peak. Cryptocurrencies have declined for five of the past six weeks amid concern that a broader adoption of digital assets will take longer than some had anticipated. That worry was underscored over the weekend after the U.S. Securities and Exchange Commission temporarily…

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Net giants urge court to reinstate New net neutrality rules.

August 28, 2018October 10, 2024

Representatives of internet giants like Facebook, Google and Amazon on Monday urged a federal appeals court to reinstate the Federal Communications Commission’s (FCC) net neutrality rules. Net neutrality rules, ideally prohibited internet service providers from blocking, throttling or prioritizing most web traffic. The FCC officially repealed in June causing a huge outrcry. The Internet Association (IA) and the Computer and Communications Industry Association (CCIA), two of Silicon Valley’s most prominent trade groups, filed in support of a lawsuit against the FCC for its repeal of the 2015 regulations late last year.…

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San Francisco judge orders new bail payment in Bitcoin

August 17, 2018October 10, 2024

A federal judge in San Fracisco has ordered a cyber-criminal to pay their bail charges in Bitcoin, inadvertently stimulating cryptocurrency mainstream adoption. The Daily Post – a local Palo Alto newspaper – reports Martin Marisch has been charged with hacking the well-known video games company Electronic Arts, responsible for popular titles like FIFA, The Sims, and Battlefield. Marisch, the Daily Post reports, managed to gain access to EA’s central computer systems, and obtain 25,000 customer records. Had the attack not been caught, Marisch could’ve used this information for substantial financial gain.…

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