Ransomware Threat Growing for Kenyan Businesses
Businesses in Kenya are increasingly concerned about cyber threats, particularly ransomware attacks, which are growing in frequency and sophistication, with devastating effects on organizations. According to a report by Liquid C2, Kenyan businesses reported an 82% increase in cyberattacks in 2022, with 90% of the country’s large enterprises suffering a
Read MoreBlockchain startup Sei Labs creates an interesting solution to make Ethereum faster
Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers. On Wednesday, Sei launched The Parallel Stack, a public good project
Read MoreVolley’s AI-enabled ball machine for racquet sports can simulate gameplay
A new sports tech startup, Volley, aims to revolutionize the way racquet sports players (platform tennis, padel, and pickleball) train with its AI-enabled sports training machine. Unlike traditional tennis ball machines that simply launch balls at varying speeds and heights, Volley’s trainer robot leverages AI and vision software to collect
Read MoreJourney acquires mental health startup Felt to enhance its employee assistance program
Employee-focused mental health company Journey is acquiring Felt, a startup formerly known as Mine’d that specializes in matching individuals with therapists using artificial intelligence. The financial terms of the deal were not disclosed. Journey, which offers a mental health employee assistance program used by companies like Walgreens and Universal Music
Read MoreDeal on EU AI Act gets thumbs up from European Parliament
The European Parliament voted Wednesday to adopt the AI Act, securing the bloc pole-position in setting rules for a broad sweep of artificial intelligence-powered software — or what regional lawmakers have dubbed “the world’s first comprehensive AI law”. MEPs overwhelmingly backed the provisional agreement reached in December in trilogue talks
Read MoreSpotify’s Audiobooks will get their own ‘Countdown Pages’ to tease upcoming new releases
Spotify is enhancing its audiobooks streaming service with a feature that may be familiar to the app’s music consumers: Countdown Pages. These YouTube-like Countdown Pages were launched alongside other new additions for Spotify’s artists last year, offering a dedicated space on artists’ profiles where a timer could count down to
Read MoreAirtel Africa Expands with First Data Center in Nigeria
Airtel Africa, a telecommunications and mobile money services provider, has started building its first data center in Lagos, Nigeria. Nxtra by Airtel aims to establish one of Africa’s largest networks of data centers, strategically positioned in major cities across Airtel Africa’s footprint, complementing existing edge sites. This initiative underscores the
Read MoreSpotify adds music videos in some countries
Spotify is adding music videos to its mobile and desktop apps in some markets. They are tightly integrated with the company’s music library as the streaming giant lets you seamlessly switch between audio and music videos in its mobile and desktop apps. However, music videos are only available in beta
Read MoreiONLINE and Workz Unveil Hybrid eSIM for Enhanced Business Connectivity
iONLINE, a company specializing in IoT connectivity solutions, has partnered with eSIM expert Workz to tackle connectivity issues and respond to the growing call for sustainability. Together, they’ve created an innovative hybrid eSIM solution with remote online and offline switching capabilities. Businesses encounter various hurdles when managing connected assets on
Read MoreOntario Teachers mints new unicorn in Indian fintech Perfios
Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, is investing $80 million in Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and other financial institutions. The new investment values Perfios at a valuation of over $1 billion. 15-year-old Perfios,
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