Is technology contributing to increased inequality?

Airlines

As global poverty continues to decline thanks to technology, another issue emerges. According to the World Economic Forum, rising income inequality and the polarization of societies pose a risk to the global economy, and may lead to increased polarization and lack of political stability reports Tech Crunch. This, however, is not a global problem. In developing countries, inequality is decreasing and the amount of people living in extreme poverty is at an all-time low. Mobile technology is contributing to financial inclusion in countries without an established financial infrastructure, and global markets create trade opportunities. However, the…

Facebook artificial intelligence technology lets blind people ‘see’ photos

Facebook End-to-end encryption

As the internet becomes dominated by images, Facebook is launching a system which can “read” photos and tell visually impaired people what appears in them using the Artificial Intelligence technology. Using artificial intelligence (AI), Facebook’s  servers can now decode and describe images uploaded to the site and provide them in a form that can be read out by a screen reader. The new accessibility technology is intended to allow blind and visually-impaired people to share and take part in photos on Facebook. As the internet is changing from a medium based…

Technology firms team up to curb ‘terrorist content.’

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

Microsoft, Facebook, Twitter and You tube have embarked on a move to curb online terrorism responding to pressure from governments around the world. The announcement by Facebook, Twitter, Microsoft and Google-owned YouTube aims to use “digital fingerprints” to block or remove violent content or efforts to recruit social media users for attack cells. “There is no place for content that promotes terrorism on our hosted consumer services. When alerted, we take swift action against this kind of content in accordance with our respective policies,” said a statement issued by the…

Can Blockchain Technology improve digital piracy in Africa?

The digital content market has rapidly become less regional for piracy not to be prevented, even in parts of Africa where the distribution in such format is maturing. Globally there’s been a shift from traditional media and content industries to new digital media technologies. This has changed the distribution and consumption of creative content with the emergence of new digital platforms like Netflix and iROKOtv. “In Africa, there is a demand for US and European content, and when distribution rights don’t keep up with demands, it fuels piracy,” says G-J…

WEF Tech. Report 2016: Top 10 African countries ranking in harnessing technology

10 Africa’s most industrialized countries in the World Economic Forum’s Global Information Technology Report 2016 has included Kenya, South Africa, Nigeria among others that have shown an improvement in this year’s Networked Readiness Index (NRI) rankings (see table below) despite a deteriorating business and innovation environment . Finland, Switzerland, Sweden, Israel, Singapore, the Netherlands and the United States are leading the world when it comes to generating economic impact from investments in information and communications technologies (ICT), according to the World Economic Forum’s Global Information Technology Report 2016. On average,…

Q&A with Ethel Cofie, Co-Founder Women in Tech Africa, and EDEL Technology Consulting

This is a QnA with the CEO of EDEL Technology Consulting, a custom software and digital products company and Founder of Women in Tech Africa, Africa’s largest women in tech group with members in over 30 Africa countries and physical chapter in Ghana, Kenya and London.  It was featured on Women’s Forum. Women’s Forum: Why did you choose to be a speaker at the Women’s Forum Mauritius 2016? I have always been passionate about technology, innovation, women leadership and empowerment. The theme (Bringing more women and youth into the innovation…

How can Financial Institutions make IoT Technology payoff?

Deloitte have produced a new fascinating report about the size of the market for the Internet of Things (IoT).  Here’s the management summary and you can download the whole report here . Can financial services, which deals mostly with the intangible, benefit from Internet of Things technology? Absolutely—and not only from more and better data about clients’ physical assets. IoT Technology applications aim to transform finance along with every other sector. IoT may be as broadly transformational to the financial services industry as the Internet itself, and leaders should make…

Microsoft in antitrust suit against InterDigital over mobile technology

Microsoft

Microsoft has filed an antitrust lawsuit against InterDigital Inc., upping the ante in a legal dispute over mobile technology that threatens to impair Microsoft’s effort to sell its new smartphones. In a lawsuit filed in federal court in Delaware, where InterDigital is located, Microsoft (Nasdaq: MSFT) accuses the patent-licensing company of balking on its promise to fairly license its technology, according to a report from Reuters. The legal dispute with InterDigital is part of the hangover from Microsoft’s purchase of Nokia in 2014. For the full story about Microsoft ,…

Top ICT DIVA Sophia Bekele Trendsets at UC Berkeley Haas School of Business, heralding “Mobile technology is the future of the internet”

You are here Home > BUSINESS > Top ICT DIVA Sophia Bekele Trendsets at UC Berkeley Haas School of Business, heralding “Mobile technology is the future of the internet” FacebookTwitterGoogle+WhatsAppLinkedInPinterestEmailSumoMe Top ICT DIVA Sophia Bekele Trendsets at UC Berkeley Haas School of Business, heralding “Mobile technology is the future of the internet”

Sophia Bekele has given a motivating and catalyzing keynote speech which discussed the effects of embracing the mobile technology in all the platforms, because everything is gravitating towards the mobile devices. “Mobile technology is the future of the internet, all services and solutions gravitate towards the accessible yet disruptive personal touch of the button…” – Sophia Bekele The keynote was presented to the 2015 Africa Business Forum at the Berkeley Haas School of Business, see the press release below Photo Caption: Sophia Bekele speaking on mobile as the NEXT FRONTIER…

WSJ: U.S. Technology Companies Worry About the Backlash They Face in Europe

By Stephen Fidler:  Europe Pulls Welcome Mat for U.S. Tech Companies One message so far from the corridors around the World Economic Forum in Davos: U.S. technology companies are very worried about the backlash they are now facing in Europe. From their standpoint, Europe risks shooting itself in the foot by rejecting the cutting-edge technologies they have brought to the continent. But they would say that, wouldn’t they? Look at it from the European point of view. Europe once led the world in mobile technology: The Global System for Mobile…