Africa
Bitcoin is legal tender in CAR
The Central African Republic has approved Bitcoin as the country’s new legal tender. This makes mineral-rich CAR the second country after El Salvador to declare cryptocurrency as legal tender.
Vodafone and MTN sign roaming agreement in Ghana
Vodafone Ghana and MTN Ghana have both signed a national roaming service in Ghana. This means users will be automatically ported to the other network in areas where one has no coverage.
PEG Africa acquired by Bboxx for $200m
Ghana-based solar company PEG Africa has been acquired in a $200 million deal by cleantech startup Bboxx. The London-based startup aims to bring affordable pay-as-you-go electricity into African homes.
Europe
DJI pauses drone operation in Russia and Ukraine
Chinese drone manufacturer, DJI, has paused all of its operations in Ukraine and Russia, it has been reported. The firm has stated that its drones are not for military purposes.
Bases offer flying car driving lessons in the UK
Pal-V has opened training bases in Coventry and Oxford to offer lessons for flying car enthusiasts. The Dutch company is in the final process of securing licenses to begin operations.
Telecoms firm suffers fake reviews blackmail
Southampton-based circle.cloud is being blackmailed into paying for fake one-star reviews to be removed from its Google profile. The company has criticised Google for how it has handled the blackmail and for delaying in removing the fake reviews on its site.
The Americas
Amazon suffers first loss since 2015
Amazon ahs suffered its first loss since 2015 due to rising costs and slowing online sales, the BBC has reported. Online sales slumped some 3% in the first three months of the year despite growth in other sectors.
Musk loses appeal to reverse tweet oversight deal
Elon Musk has lost an appeal to reverse a deal where regulators exercised oversight over his tweets about Tesla. The deal was signed after he falsely claimed to have secured funding for his car firm.
US, 55 others set new internet rules
The US has joined 55 other nations to establish a new set of rules to govern the use of the internet, it has been reported. The “Declaration for the Future of the Internet” aims to protect human rights and promote free flow of information.
Asia
India to take on Walmart and Amazon
India is setting up an open e-commerce network that will compete with giants Amazon and Walmart, Reuters has reported. This will help curb the dominance of the two US retail sites.
Weibo shares user locations to promote good behaviour
China’s Weibo has announced that it will start publishing user IP addresses in a bid to curb “bad behaviour,” it has been reported. The new settings cannot be turned off by users.
Toyota signs EV agreement with Thailand
Toyota Motor’s Thai subsidiary has signed an agreement with the Thai government on incentives that will promote the use of electric vehicles. Incentives include subsidies and tax breaks to reduce the cost of acquiring an EV.
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